Real Estate Archive » November, 2012

Real Estate - November, 2012

327 articles

• Calif. Court Tosses Challenge To Sturgeon Habitat
• JPMorgan Can't Arbitrate Policy That Was Once In Loan Suit
• Geithner Successor Likely To Be Budget, Not Regulatory, Guru
• Simpson Helps Atlantic Yards Developer In $117M Skanska Deal
• Credit Suisse Knew Of Flaws In $466M RMBS, Prudential Says
• Court Axes Former El Paso Mayor's Suit To Save City Hall
• New Amazon HQ Plans OK'd As Leased Space Sells For $278M
• Law360 MVP Awards Go To Legal Top Guns From 52 Firms
• Con Ed Wins $1.7M In Eminent Domain Case
• Paramount Group Sells Times Square's Candler Tower
• Prior Deal Can't Stop Wells Fargo Mortgage Fraud Suit: DOJ
• Simpson Thacher Reps Blackstone Affiliate In $1.2B REIT Buy
• Financial Industry Faces Post-Election Challenges
• Stuy Town Tenants Net $69M Deal In Rent Overcharge Case
• Haynes And Boone Faces Clawback From Texas Housing Agency
• TransCanada's Power To Seize Land For Keystone XL Upheld
• Venable Adds Commercial Litigation Pro From DLA Piper
• Top NY Court Affirms High Bar For Piercing Corporate Veil
• Doc-Sealing Dispute Delays MBIA Securities Suit Against BofA
• Calif. Appeals Court Greenlights Merced Wal-Mart Center
• Credit Suisse Strikes Record $1B Deal For Zurich HQ
• Lawmakers Push For Small-Bank Relief In New Capital Regs
• Probe Leads Insurer To Cut Force-Placed Premiums By 20%
• JPMorgan Can't Shake Calif. Predatory Lending Class Action
• Chicago Law Firm Dodges Most Claims In Hotel Investment Suit
• FDIC's Morgan Stanley RMBS Suit Sent To Texas State Court
• Simon Property, Tanger Create Shopping Mall Venture
• Cramdown For Real Estate Lenders — Improbable Nightmare?
• How Healthy Is Your Law Firm? Time For A Stress Test
• Lender Wants AstraZeneca Affiliate's Ch. 11 Case Tossed
• SEC Ends Probe Into Wells Fargo MBS Disclosures
• Former SNC-Lavalin CEO Arrested In Corruption Scandal
• Calif. Appellate Court OKs Antioch Wal-Mart Expansion
• Four Seasons Can't Shake Condo Buyer's Fraud Case
• LNR, US Bank Beat Bid To Block $335M Loan Foreclosure
• 2nd Circ. Won't Reconsider Case Over NY Tribe's Casino
• CPA Gets 18 Months In Ex-NFL Star's $20M Mortgage Scam
• REIT Spends $120M On Energy Co. Encana's US Base
• MetLife Rumored To Pay $119M For Downtown Chicago Tower
• 10th Circ. OKs Army Corps' Permit For Kan. BNSF Facility
• WTC Developers Must Establish Damages In 9/11 Insurance Row
• Trustee Sues Deutsche Bank Unit Over $640M In MBS
• Societe Generale, Others Can't Escape $1.3B FHFA MBS Suit
• Calif. Court Nixes Santa Cruz Campus Expansion Enviro Report
• Builders V. Dragas — An Important Reminder For Insurers
• NY High Court Chucks Suit Over $17.5M Manhattan Lease Sale
• Insurer Sues JPMorgan Over Alleged Bear Stearns CDO Fraud
• Indian Co. Closes $575M Deal For Control Of Plaza Hotel
• Fire Alarm Co. Can't Advance Bid To Recoup Developer Loan
• Boxer Property Buys 2 Dallas-Area Office Buildings
• Parmenter Pays $85M For Prudential Office Towers In Fla.
• Chicago Panel Delays Vote On Hines' $1B Wolf Point Project
• Developers Fight Over $112.5M Stake In 14 NYC Properties
• NY Judge Expands FGIC Discovery In Countrywide MBS Suit
• Most Of Developer's Suit Over Pay For AIG HQ Redo Tossed
• Continental Can't Escape Goldman Construction Accident Suit
• Beanie Baby Founder Nixes $900M Bid For Four Seasons
• Dallas Suburb OKs Funding For 320-Acre Mixed-Use Project
• SNR Denton Picks Up NY Real Estate Pro From Fried Frank
• Don't Underestimate The Scope Of A Bad Boy Guaranty
• Alaska High Court Denies Pipeline Owner's Land Rent Claims
• PE Opportunities In Health Care Real Estate Investing
• Ex-Owner, Texas Rangers Agree To Settle RE Projects Row
• Countrywide Dodges Securities Suit Over $62.6M RMBS Sale
• Land-Buying Scheme Ushered In $925M Bakken Buy, Suit Says
• Examiner Delays Report On ResCap's $750M Deal With Ally
• 2nd Circ. Allows Credit Suisse Class Cert. Appeal In MBS Row
• NY, Conn., Ill. AGs Push FHFA To Nix Guarantee Fee Proposal
• Land Use Pro, Fla. Mayor Joins Akerman's Miami Office
• Lehman Brothers Reaps $6.5B In Archstone Sale
• NY Entitled To $11.5M For GGP Loan Default, 2nd Circ. Hears
• UBS Says Gov't Suit Over $6.4B MBS Is Past Its Prime
• Sutherland Brings Together DC Staff In New East End Office
• Sprint, Others Pay $14M To End Calif. Landowners' Cable Suit
• Barclays Center Developer Backs Off Tax Appraisal Suit
• BofA Issued False Mortgage Payment Warnings, Suit Says
• Key Insurance Issues In Secured Lending
• NY Martin Act Ruling Could Weigh On Corporate Transactions
• Vornado Gets $120M Refinancing For NYC Retail Building
• White Atty Sues Housing Authority For Race Discrimination
• Morgan Stanley Latest Target Of DZ Bank Over $694M RMBS
• 3rd Ex-Fannie Exec Escapes Investor MDL Over $6.3B Error
• Cayman Funds Hit TCW With $128M MBS Fraud Suit
• Insurer Accuses BofA Of Fraud Over RMBS-Related Policies
• Calif. High Court Won't Hear Proposition 13 Challenge
• US Says States' Dodd-Frank Suit Fails To Show Harm
• Brookfield Pulls $380M For Target HQ, Houston Tower
• United Airlines Escapes WTC 9/11 Damage Dispute
• Goodwin Procter Nabs RE Tax Pro From Allen & Overy
• King & Wood Adds Melbourne Enviro Atty From DLA Piper
• Morgan Stanley Dodges FHFA's Claims Over RMBS Losses
• Barclays Center Developer To Revamp Nassau Coliseum
• Ruling Against LA County To Spark Tax Fights In Calif.
• LA Judge Finds No Irreparable Harm From Chinatown Wal-Mart
• NCOIL Insurance Certificate Law May Aid Carriers In Court
• NYC Building Manager Sued Over Lack Of Sandy Preparation
• SF Panel OKs First Steps In $1B Warriors Arena Plan
• Dallas Office Tower Seeks Receiver To Stop Foreclosure
• Massive Archstone IPO Signals REIT Listing Rebound
• Fund Seeks To Stem $61M MSR Default Interest Payment
• Vornado Unit Says Guaranty Binds DSW To Filene Lease
• Ex-Cozen Partner Gets 6 Years For Tax Scheme, Fraud
• NY Appeals Court Tosses Challenge To Domino Project
• Developer Sues DOJ, EPA To Defend Farmland Conversion
• NY AG Targets Credit Suisse In Latest Mortgage Suit
• RMBS Buyers Want Credit Suisse Fraud Suit In State Court
• Mortgage Lender Sues BofA For $10M Over Botched Loans
• Business Watchdog Loses Bid To Nix False Ad Class Action
• NYC Condo Owners Seek $35M Over Sandy Displacement
• Ex-Bryan Cave Atty Sues Developer Over Joint RE Business
• Recent Trends In Rethinking Property Tax Exemptions
• Strategic Use Of Lone Pine Motions
• Calif. Judge Dismisses Mammoth Lakes Ch. 9 Bankruptcy
• NY High Court Says Martin Act Covers Co-Op Privatizations
• Barclays Ducks Claims In FHFA's Suit Over $5B In MBS Sales
• SEC Can't Revive Fraud Claim Against Goldman's Tourre
• Judge To Sign Off On 2 Key ResCap Sales Worth $4.5B
• SEC Drops Suit Against GSC Group Exec Over Risky CDO
• Wells Fargo, MIC Can't Duck Veterans Loan Fraud Suit
• MetLife, Investor Acquire 55-Story Seattle Office Tower
• NY Pols Get Prison For Real Estate Bribery
• CFPB, FTC Must Coordinate Mortgage Ad Push, Attys Say
• Pa. Gaming Board To Weigh 6 Proposals For Philly Casino
• St. Paul Sues Other Insurers Over Construction Suit Coverage
• Steelers Stadium Operator Says It's Not On Hook For Expansion
• Banks In Nat'l Settlement Write Down $6.3B In Mortgages
• Suitors Could Pony Up $350M For Rays' New Stadium
• Nelson Mullins Swipes 16 From Cetrulo & Capone In Boston
• Crexus Investors Challenge $840M REIT Buyout
• 11th Circ. Asks Ga. High Court What Triggers Builder's Policy
• Liberty Mutual Wants 2nd Circ. To Revive Goldman MBS Suit
• QBE Can't Nix Homeowners' Hurricane Wilma Coverage Suit
• PMI Inks Deal To Split $2.2B In Tax Assets With Subsidiary
• CFPB Wins Law Firm Injunction In Loan Modification Suit
• Terra Firma To Pay Nomura $5.3B For Annington Homes
• IKB Goes After Morgan Stanley Over $147M In Bunk MBS
• Apollo Unit To Spend $236M For Lloyds Irish Loan Portfolio
• Ivanhoe Pays $360M For Blackstone's Share Of NYC Tower
• Wells Fargo Wants Mortgage Insurance Fraud Case Nixed
• FHA's $16B Shortfall Adds Urgency To Mortgage Policy Fight
• Midtown Settles 2nd Injunction Over $250M Aruba Hotel
• Syms Rips Cushman's $1.25M Termination Fee Request
• Sandy-Displaced Aon Subleases Park Ave. Space From Cerberus
• NY AG Warns Wells Fargo On Mortgage Relief Suspension
• Ex-Ashurst Partner To Be Mayer Brown's European RE Chief
• Nelson Mullins Adds Real Estate Finance Duo In Atlanta
• RE Organizations Intervene In EPA Water Flow Limits Suit
• Carnegie Hall Tower Owes City $2M In Rent: Comptroller
• Mid-Century Can't Recoup DR Horton Coverage Row Costs
• JPMorgan, Credit Suisse Pay $417M To Shake RMBS Claims
• CFPB Sets Single Effective Date For Mortgage Disclosures
• JPMorgan's $2.5M Home Equity Credit Line Deal OK'd
• Developers Eye Mid-2013 Start For $200M SF Apt. Project
• Don't Forget Your Creditors After Sandy
• Penn National To Create First Casino REIT
• REO-To-Rental Bonds Make Slow Arrival On Wall Street
• Insurers Sued To Defend Contractor In NY Firefighter Deaths
• Trustee Wants Telemarketer's Bankruptcy Bumped To Ch. 7
• Co-Op Board Sues Frost Equities Over NYC Condo Ownership
• Senate Slows Down Controversial Cost-Benefit Analysis Bill
• Allstate, Citi Spar Over Time Bars In $200M MBS Suit
• CFTC Launches Appeal Of Position Limits Ruling
• Maximizing Recovery For Hurricane Sandy Losses
• Morgans Hotels Refinances Midtown Hotel With $180M Loan
• $250M Aruba Hotel Sale Due To Default Stalled For Now
• Met Museum's Admission Fees Breach Free City Lease, Suit Says
• Countrywide Gets Another Shot At Sealing MBIA Case Docs
• $90M Sale Of Solyndra Factory, HQ To Seagate Gets Clearance
• Pillsbury Winthrop Land Use Partner Joins Reed Smith In Va.
• RE Developer's $11B Offer For Singapore's F&N Tops Thai Bid
• Overhaul May Be On Horizon For Calif. Environmental Law
• RE Investor Assails Ex-Partner's $42M Jury Award At Hearing
• Hotel Wants Chance To Make Up Missed Mortgage Payment
• Delayed Standing Defense Can't Upset Foreclosure: NJ Court
• GGP Retools $1.2B Of Mall Debt As Part Of Refi Push
• Wells Fargo Media Dept. Emails Not Privileged, Judge Says
• OMERS Unit Joins Crown Acquisitions' $1B NYC Property Deal
• Blackstone Snaps Up Debt-Burdened Chicago Hotel
• NJ High Court Asked To Nix Affordable Housing Formula
• Wal-Mart Bests Calif. Activists' Bid To Stop Stockton Store
• Akin Gump Real Estate Malpractice Suit Revived
• Capital Rules Will Ease Up On Small Banks, Regulators Say
• Troutman Helped RE Mogul Skim $40M Off Mariner Deal: Suit
• Barclays' $8M Suit On Hold As Ex-Soccer CEO Seeks Ch. 15
• BofA Targeted By Investors Over $261M In MBS
• DR Horton Can't Double Travelers Damages In Coverage Row
• Sandy-Displaced Fragomen Subleases Ex-Dewey Space In NYC
• FDIC Liable For MBIA's IndyMac MBS Losses, DC Circ. Told
• Mortgage Reinsurance Kickback Suit Against HSBC Slashed
• Vornado Scores $950M Refi For Midtown NYC Tower
• Troutman Sanders Real Estate Pro Decamps To Seyfarth
• Liberty, Law Firm Reach Deal Over Mortgage Fraud Coverage
• Andrews Kurth Adds Stanford To RE Co.'s Malpractice Suit
• Investment Firm Sues Chartis Over $103M Hotel Loan Loss
• Law Firms Seek Opportunities In Africa, Asia
• David Lerner Can't Duck Real Estate Investor's Libel Suit
• Target's Proposed Hollywood Store Gets LA Panel's OK
• ResCap Unit GMAC Hit With Suit Over Servicing Agreement
• NYC Lifts Zoning Hurdle For Chelsea Market Expansion
• Terra Verde Pays Bankrupt Lender $45M For Calif. Development
• Goldman, Deutsche Bank Can't Escape FHFA RMBS Fraud Suits
• Weil Guides Leucadia On $2.6B Deal For Fellow Investor
• Don't Undercut Timberland Purchase And Sale Agreements
• Tips For Quality Control In Technology-Assisted Review
• Flagstar-AGM Trial Over $1B MBS Draws To A Close
• Bear Stearns' $295M Settlement With Investors Gets Nod
• Berkley Properties To Pay $97M For Chicago BofA Tower
• Currency Rates, Taxes Spur Rise In Cross-Border RE Deals
• Freddie Mac, MGIC Reach $267M Deal In Pool Policy Fight
• Latest Cost-Benefit Suit Puts CFTC In Uncharted Waters
• Rep. Brady Says Philly Should Build Its Own Casino
• K&L Gates Moves Into New Orange County Office
• Fannie, Freddie Expand Relief To Homeowners Hit By Sandy
• Ally, ResCap Agree To Hand Loan Files Over To FHFA
• 2nd Homeowners Can Bring Implied Warranty Claims: Pa. Court
• State Regulators Cheer CFPB Mortgage Disclosure Rules
• 8th Circ. Revives Foreclosure Suit Over Faulty Assignments
• London & Stamford To Buy Fellow UK REIT In £209M Deal
• Hines, Chicago Reach Deal On $1B Wolf's Point Project
• DC Commission To Revisit Building Height Limits
• How The DOJ Is Adapting In The War On Financial Fraud
• Condo Owner, Rheem Bell End Central Park West Escrow Fight
• Arabia V. BAC — More Leverage For Calif. Loan Servicers
• FDIC Argues Countrywide MBS Claims Not Time-Barred
• Merrill Can't Dodge FHFA Suit Over Fannie, Freddie Losses
• Court Supports Reversal Of $75M Vacant Theme Park Appraisal
• Convictions Upheld In Yonkers Bribes-For-Housing Case
• MuniMae Investors Can't Use Discovery To Find New Plaintiff
• Texas Firm Faces Fraud, Malpractice Claims Over Hotel Deal
• Judge Sanctions Firm For Disobeying Disqualification Order
• Countrywide Investors Press 9th Circ. To Revive Fraud Suit
• Law Firms Anchor DC's Hottest New Developments
• Fannie Mae Says $3B ResCap Deal Has Left It In Dark
• Judge Grills Flagstar Expert On Loan Review In $1B MBS Suit
• Wynn Resorts Announces Bid For Final Philly Casino License
• American Realty Capital REIT Drops $65M On NYC Building
• Struggling Gleacher Plans Sale Of Mortgage-Lending Unit
• Orient-Express Rebuffs $1.2B Indian Hotels Buyout Offer
• Wagner & Jones Survives DQ Bid In Fidelity Wage Suit
• JPMorgan, SEC Reach Settlements Over MBS Probes
• S&P Can't Dodge Ill. AG's Suit Over Securities Ratings
• FINRA Tosses $2M Investor Claims Against Morgan Keegan
• Del. High Court Finds Golf Deal Breached Manager's LLC Duties
• O'Melveny Must Face Mortgage Co.'s Sale Contract Suit
• Ga. Developer, Texas PE Fund Team Up In Ga. Luxury Unit Buy
• Sealink Sues Citigroup Over $513M In Soured RMBS
• Regulators To Buckle Down On Dodd-Frank After Obama Win
• Witness Defends Flagstar Loan Practices In $1B MBS Suit
• Uncertainty For Real Estate Investors After Obama Win
• First Tennessee Bank Skirts Interest Rate Swap Suit
• LA Council Returns Chinatown's Big-Box Ban To Committee
• Senate Panel To Review Proposals For Bank Capital Hike
• Virginia Voters Place New Hedge Against Eminent Domain
• Obama's Re-Election: Full Speed Ahead At The CFPB
• Greenberg Argues To Arbitrate $10M Real Estate Breach Suit
• 2nd Circ. Limits 'Mass-Marketing' Sentencing Enhancement
• Oregon Voters Approve Ban On Real-Estate Transfer Taxes
• Trump Unit Drops $100M Suit Over Calif. Development Delays
• $800M MGM Casino On Track After Vote, But Challenges Loom
• Look Before You Leap At Capital Commitments As Collateral
• NY Firms Make Do After Sandy Ravages Downtown Offices
• NYC Landlords Could Face Lease Fights In Sandy's Wake
• Homebuyers Press For Cert. In Title Insurance Fee Case
• Fannie Mae Pockets Fraud Win Against Brooklyn Mortgage Co.
• Pa. Landowners Say Halcon Broke Oil, Gas Rights Agreements
• HSBC Lobs $69M Suit At Nomura Unit Over Mortgage Pool
• NJ Court Limits Stores' Liability For Shopping Center Lots
• Penn National Polishes Off $610M Buy Of Harrah's St. Louis
• Goldman Sachs, Others Want $900M Guaranty MBS Suit Nixed
• $13M Superdome Insurance Suit Dismissal Backed By 2nd Circ.
• US Objects To Ocwen's $3B Bid For ResCap Servicing Biz
• AMR Ventures Says Fund Is Trying To Steal $250M Aruba Hotel
• Citigroup Says $9B Euro Note Suit Untimely, In Wrong Court
• Trust Sues DLJ Mortgage For $497M Over Defective Loans
• Obama May Turn Reform Efforts To Fannie, Freddie In 2nd Term
• Fish & Richardson Dodges Suit Over Link To Arbitrator
• Sandy Could Change The Face Of Coastal Development In NJ
• MetLife Sells $70B Mortgage Servicing Biz To JPMorgan
• State Street, Barclays Dodge Claims In Suit Over $2B CDO
• WaMu Noteholders Don't Belong In $10B Suit, DC Circ. Told
• Royal Park Targets BofA Over $1.6B In MBS
• Calif. Court Tosses Bribery Charges In Developer Row
• Blackstone's GSO Extends $125M To Homebuilder
• JPMorgan Can't Escape Botched Loan Mod Advice Claims
• Weingarten Realty Investors Hit With Sex Discrimination Suit
• Mission West Inks $1.3B Deal To Sell All Properties
• Pa. Hilton's $22M Sale Violated Sherman Act, Suit Claims
• JPMorgan Can't Ditch FHFA Suit Over $33B In MBS
• Philly Details Reporting Rules For Casino-License Seekers
• Tools For Limiting Environmental Liability
• Empire State Building Owner, Investors Ink Truce Over IPO
• E-Trade Execs Accept Corporate Reforms To End MBS Suit
• 4th Circ. Lets Louisiana-Pacific Dodge Shoddy Home-Trim Suit
• How To Maximize Insurance Coverage After A 'Superstorm'
• McGuireWoods Sued Over $100M In Real Estate Claims
• FDIC Hits Colonial Bank Auditors With $1B Negligence Suit
• First American Fights Class Cert. In Title Insurance Fee Row
• Akerman Senterfitt Adds Herrick Feinstein Land Use Pro
• Pinnacle's Limited Impact On Calif. Property Litigation
• $500M Philly Casino Project Will Vie For City's Last License
• Insurers Can't Duck JWR's Chinese Drywall Suit Coverage
• Gulf Landowners Sue BP As Opt-Out Cases Trickle In
• Developer, Construction Co. Settle $580M Real Estate Scam Suit
• FHFA's $6B UBS Mortgage Suit Not Time-Barred, 2nd Circ. Told
• Pa. Court Won't Rehear South Philly Shopping Center Challenge
• W.Va. AG Says Texas Firm Is Exploiting $25B Mortgage Deal
• AEG Strikes Deal To End Enviro Suit Over $1.5B LA Stadium
• Travel Sites Beat $60M Tax Demand In Calif. Appeals Court
• DSW Pays $72M To Acquire Ohio Headquarters
• Starwood Makes $126M Mezz Loan To San Fran Office Tower
• Fight Over CEQA-Dodging Ballot Initiatives May Hit High Court
• Macerich Sells 50 Percent Stake In Upscale Dallas Mall
• Brace For A Business Interruption Coverage 'Superstorm'
• Texas Appeals Court Tosses Contract Suit Against Chase Bank
• Attys Question Objectivity Of New CFPB Appeals Process
• Guarantors Owe $17M On Foreclosed Shopping Center Loan
• Safarian & Choi Lands Veteran Litigator, Renames Firm
• FHFA, CFPB To Team Up On National Mortgage Database
• Calif. High Court Won't Mull Case Over Class Waiver Ban
• Wells Fargo Says US Mortgage Suit Violates $25B Settlement
• No Due Diligence May Mean Spill Act Liability, NJ Court Says
• DOJ Nets 26th Guilty Plea In Real Estate Bid-Rigging Probe
• Wells Fargo Can't Shed Claims In $101M Construction Loan Suit
• Applying Proximate Cause And Ensuing Loss Principles
• Steelers To Sue Stadium Operator Over Heinz Field Expansion
• Ex-Obama Atty Perrelli Rejoins Jenner & Block In Washington
• Mapping The Pre-Election Landscape