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Massachusetts High Court limits the scope of Article 97
- Greenberg Traurig LLP
- -
- USA
- -
- March 25 2013
The Massachusetts Supreme Judicial Court (SJC) recently held that the redevelopment of land taken for urban renewal is not subject to legislative
Who picks up the tab for delinquent assessments?
- Greenberg Traurig LLP
- -
- USA
- -
- February 21 2013
While we are all starting to enjoy what is looking like a resurgence in condominium development and sales in South Florida, the courts are just
Virginia Supreme Court requires face-to-face meeting prior to commencing foreclosures on FHA-backed loans
- Greenberg Traurig LLP
- -
- USA
- -
- May 15 2012
Upholding a challenge to what appeared to be a routine foreclosure action for failure to make payments, on April 20, 2012, the Supreme Court of Virginia joined a growing list of states by ruling that a face-to-face meeting between a mortgagee and mortgagor is a condition precedent to accelerating and foreclosing upon a Deed of Trust that is insured by the Federal Housing Authority (“FHA”) and which incorporates the applicable regulations of the Department of Housing and Urban Development (“HUD”
New York ALJ issues novel ruling revising the ‘accrual rule’ on change of residence
- Greenberg Traurig LLP
- -
- USA
- -
- May 10 2012
On April 12, 2012, an administrative law judge in New York’s Division of Tax Appeals issued a determination that completely re-writes the “accrual rule” as it applies to the sale of real estate by an individual who changes his or her residence to or from New York
Dealing with the government don’t be left holding the bag
- Greenberg Traurig LLP
- -
- USA
- -
- March 29 2012
“...citizens dealing with the government are charged with knowledge of the limits imposed on governmental employees’ authority and the narrow scope of their accountability.”
Seventh Circuit holds that treasury bonds are riskier than real estate and cannot provide the indubitable equivalence of a claim
- Greenberg Traurig LLP
- -
- USA
- -
- February 7 2012
Taking the lead from its recent decision in In re River Road Hotel Partners, in In re River East Plaza, LLC, the Seventh Circuit held that a debtor cannot avoid the lien retention prong of Section 1129(b)(2)(A)(i) by transferring an undersecured creditor’s lien to substitute collateral as indubitable equivalence pursuant to Section 1129(b)(2)(A)(iii
Apartment buildings in Houston, Texas
- Greenberg Traurig LLP
- -
- USA
- -
- October 13 2011
GALP Highcross Limited Partnership and its Co-Debtor recently filed for Chapter 11 bankruptcy and, although no sale has been announced, the Debtor’s assets may be available for acquisition under the right circumstances
169-unit apartment building in Sherman Oaks, California
- Greenberg Traurig LLP
- -
- USA
- -
- October 13 2011
Summer View Sherman Oaks Apartments, LLC recently filed for Chapter 11 bankruptcy and, although no sale has been announced, the Debtor’s assets may be available for acquisition under the right circumstances
Assisted living facility in Culver City, California
- Greenberg Traurig LLP
- -
- USA
- -
- October 13 2011
Culver Village, LLC recently filed for Chapter 11 bankruptcy and, although no sale has been announced, the Debtor’s assets may be available for acquisition under the right circumstances
Shopping center in Provo, Utah
- Greenberg Traurig LLP
- -
- USA
- -
- October 13 2011
Provo Gateway, LLC recently filed for Chapter 11 bankruptcy and, although no sale has been announced, the Debtor’s assets may be available for acquisition under the right circumstances. The Debtor’s assets consist of holding and managing real property that is occupied by commercial tenants
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