High Court Won't Hear San Rafael Rent Control Dispute

Law360, New York (January 13, 2014, 3:08 PM EST) -- The U.S. Supreme Court on Monday declined to hear a California developer’s challenge to the city of San Rafael's rent control laws, defeating the developer’s attempt to reverse a city ordinance it claims caused it to lose property value to tenants.

The high court denied a petition for certiorari from MHC Financing Ltd. Partnership and Grapeland Vistas Inc. in their challenge to a San Rafael ordinance they claim unfairly targeted them and caused them to lose 81 percent of the value of its mobile home community,...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.