Real Estate Law News. Crime Stories, Law on News and Legal Publications in May, 2017

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FMA calls Serious Fraud Office into Forestlands probe - Business ...
New Zealand HeraldMay 1, 2017

The Financial Markets Authority has called in the Serious Fraud Office to look at some aspects of its ongoing probe of the Forestlands forestry investment group ...more »

Workshop on medical legal documents set
Huntington Herald DispatchMay 1, 2017

Presented by Wayne County Right to Life, the workshop will be led by attorney Mary Tillman and nurse Deborah Strum. Topics include the difference between a Living Will and a Will-to-Life and what to do before signing any legal medical documents.more »

Real Estate Law News and Stories

Building Codes
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Real estate commission closes Pittenger investigation, status of ethics case unclear
Charlotte ObserverMay 18, 2017

House rules prevent its members from practicing fiduciary professions that involve managing others' assets, such as law and real estate, because of potential conflicts of interest. Members of Congress are supposed to be focused on their constituents ...more »

Mechanic's Liens
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The Enforceability of Mechanic's Liens in Bankruptcy is Dependent on State Law
JD Supra (press release)May 1, 2017

In a recent decision by the Third Circuit Court of Appeals, the Court held that a mechanic's lien filed by an unpaid supplier against a construction project, after the contractor through whom the materials were furnished filed for bankruptcy, was voidable.more »

Construction Contracts & Disputes, Boundaries
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Bill to halt York County courthouse construction shot down
Foster's Daily DemocratMay 25, 2017

AUGUSTA, Maine — The Legislature's judiciary committee gave a bill the thumbs down that would either halt construction of the new York County courthouse or force the courts to pay for the county's district attorney if it became law. But the bill's ...more »

Massachusetts sues Ocwen for "abusive" mortgage servicing practices
HousingWireMay 2, 2017

Specifically, Massachusetts' Office of Consumer Affairs & Business Regulation's Division of Banks recently prohibited Ocwen from acquiring new MSRs, prohibited it from originating new loans, prohibited it from servicing any mortgages in the state, and ...more »

Reits And Limited Partnerships
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Phillips Edison to Acquire Limited Partnership, Create $4B Shopping Center REIT
REBusinessOnlineMay 22, 2017

CINCINNATI — Phillips Edison Grocery REIT I Inc. (OTC: PHLD) has entered into an agreement to acquire the real estate assets and third-party asset management business of its sponsor firm, Phillips Edison Limited Partnership (PELP), in a stock and cash ...more »

Construction Litigation
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Proffer cases create planning logjam
Chesterfield ObserverMay 3, 2017

The new law took effect July 1, 2016, capping the amount of money a locality can accept from developers to offset the economic impact of rezoning land for residential development. With the local housing market heating up, many developers rushed to ...more »

Residential Real Estate
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2 Greenberg Traurig Attorneys Listed as 2017 'New Leaders of the Bar'
BenzingaMay 8, 2017

Freylikhman focuses his practice on all aspects of real estate transactions and business law, including the acquisition, disposition, leasing, developing, and financing of commercial real estate on behalf of developers, owners, operators, investors ...more »

Eminent Domain
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Esopus plans to take land by eminent domain for construction of new water tank
The Daily FreemanMay 1, 2017

PORT EWEN, N.Y. >> The Esopus Town Board has decided to move forward with an eminent-domain process to secure about half an acre of a 24-acre parcel at 625 Broadway, adjacent to the where the Port Ewen Water District storage tank is located.more »

Restrictive Covenant Injunctions
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A 'Forgotten History' Of How The U.S. Government Segregated America
WLRNMay 3, 2017

And the Federal Housing Administration required that deeds in these homes have what we now refer to as restrictive covenants, prohibitions on resale to African-Americans. This was not an implicit program. It was not something that was hidden in ...more »

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Florida International University, Miami Dade Community College among big winners in state budget
Miami HeraldMay 7, 2017

Lauderdale Lakes Innovation Crime Reduction Project: $300,000. ▫ Miami Police Departments Advance Crime Reporting and Analytics App.: $700,000. ▫ Foreclosure and credit assistance program for Miami-Dade: $75,000. ▫ Urban League of Broward ...more »

Title Litigation
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EQUITY ALERT: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against ImmunoCellular ...
Yahoo FinanceMay 3, 2017

Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of ImmunoCellular Therapeutics, Ltd. securities (IMUC) from May 1, 2012 through December 11, 2013, inclusive (the “Class Period”).more »

Hotel Reit Practice
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Daily Ratings & News for Dream Industrial Real Estate Invest Trst
Markets DailyMay 6, 2017

... providing predictable and sustainable cash distributions to unitholders while prudently managing its capital structure over time, and maintaining a REIT that satisfies the REIT exception under the specified investment flow-through (SIFT ...more »

Zoning Regulations, Land Use
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Fraternity Zoning Amendment Fails in Hanover
Valley NewsMay 10, 2017

The amendment was petitioned to the warrant by Carolyn Cole, an attorney who is representing former Dartmouth fraternity Sigma Alpha Epsilon in an ongoing zoning dispute over this section of the ordinance. Cole says she brought the amendment on behalf ...more »

Industrial Development Issues
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The Dow Jones Industrial Average Would Benefit Greatly From Trump's Tax Overhaul
ETF Daily News (blog)May 1, 2017

He seemed genuinely concerned about how federal rules and regulations might affect the work of professional brokers and traders. Specifically, he worries about impairing liquidity in capital markets, which makes price discovery exceedingly challenging.more »


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