Real Estate

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Latest News in Real Estate

  • June 28, 2017

    10th Circ. Says Courts Can't Review Tribal Gambling Opinion

    The Tenth Circuit on Tuesday upheld a lower court decision to toss a suit by Kansas over a letter from the National Indian Gaming Commission’s general counsel saying that land held in trust for the Quapaw tribe of Oklahoma was gambling-eligible, ruling that the letter shouldn’t be reviewed by the courts under federal Indian gambling law.

  • June 28, 2017

    HSBC Says Housing Crash Claims Too Varied For Class Action

    A unit of HSBC Holdings PLC told a New York federal judge Tuesday that billions of dollars of legal claims stemming from the failure of mortgage-backed securities it oversaw could not be resolved through class actions, saying the disputes need to be resolved on a loan-by-loan basis.

  • June 28, 2017

    Town Center's Impact On Real Estate Lenders And Borrowers

    Last month, the Sixth Circuit's decision in In re Town Center established that a mortgage lender that has taken appropriate steps to perfect an assignment of rents is protected if its borrower files a bankruptcy petition. However, the comfort provided by this case is not universal, as the holding is dependent on the subject property being in Michigan, a "title theory" state, says Dov Kleiner of Kleinberg Kaplan Wolff & Cohen PC.

  • June 28, 2017

    Greenberg Traurig Adds Real Estate Attorney From Ropes & Gray

    Greenberg Traurig LLP has added an attorney to its global real estate practice from Ropes & Gray LLP who brings 14 years of experience counseling institutional investors, funds and private equity firms on a wide range of complex real estate transactions.

  • June 28, 2017

    Age-Restriction Not Needed In Housing Notice, NJ Court Says

    A New Jersey state appeals court said Wednesday that a trial court erred in finding a public hearing notice deficient because it did not state that a proposed townhouse development in Garwood, New Jersey, would be age-restricted, saying that information was not necessary.

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