Counsel News and Events for Attorneys and Executives

Real Estate

Polsinelli Grows in Chicago with Real Estate Finance Shareholder John Chamberlin

Polsinelli announced today the addition of Real Estate Finance Shareholder John Chamberlin, who is joining the firm’s Chicago office. He is the fourth shareholder that the firm has added to their Chicago office in the last 12 months.

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ArentFox Schiff Welcomes Experienced Finance and Real Estate Partner in San Francisco

ArentFox Schiff Welcomes Experienced Finance and Real Estate Partner Jena Watson to San Francisco office

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Real Estate Finance Trio Joins Blank Rome in Chicago

Joel Sestito joins Blank Rome in Chicago

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Jenny Adamson Joins Parker Poe’s Development Services Team in Greenville

AnnouncementParker Poe Adams & Bernstein LLP is pleased to announce that Jenny Adamson has joined the firm’s Greenville office as special counsel. Jenny bolsters Parker Poe’s Development Services Industry Team, which helps clients navigate the entire life cycle of real estate projects

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Another Real Estate Contract Succumbs to Inadequate Property Description

InsightsThis post details what is required for a sufficient legal description.

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Broward Attorneys Face Charges in Scheme to Steal Foreclosure Surplus Checks

NewsTwo Broward attorneys were arrested this week for their involvement in a nearly $750,000 fraud scheme to rip off unsuspecting victims of foreclosure surplus checks.

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Jennifer Dulos’ Family Sues CT Judge Over Court Delays Due to COVID

News
A lawyer representing Jennifer Dulos’ family has filed a federal complaint seeking to require the state Judicial Branch to foreclose on Fotis Dulos’ former Farmington residence even though housing proceedings have been halted due to the coronavirus pandemic.

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Is A Poorly Written Force Majeure Clause Worth the Ink?

Insights
We’ve all seen, or perhaps been assaulted by, a surfeit of articles about force majeure clauses and how all of our agreements should include one. Other pundits have gotten way ahead of this one by explaining how we will have a better world if the advice to include such clauses would be taken by all.

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Faulty Jury Instruction Wipes Out $740 Million Verdict

News
The Fourth Court of Appeals of Texas overturned a jury verdict awarding HouseCanary, Inc. (“HouseCanary”) $740 million in damages for trade secret theft and fraud against Title Source, Inc., now known as Amrock.

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Appeals Court Overturns Record $706M San Antonio Jury Verdict

News
A state appeals court Wednesday overturned a record $706 million verdict rendered by a San Antonio jury more than two years ago.

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Use Precise Draftsmanship to Avoid or Obtain a Brokerage Commission Payment

Insight
When negotiating exclusive listing agreements or other forms of commission agreements any right to a commission after a broker’s agency has expired must be discussed and memorialized in a contract.

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When a “Time of the Essence” Closing Date Keeps Rolling Like a Stone for 60 Days

Insight
Sellers need to consider the effect of the automatic bankruptcy extension when negotiating with buyers over the terms of a consensual closing extension even if the contract does not have a financing contingency.

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Foley & Lardner Names New Orlando OMP

Insight
William C. Guthrie has been appointed Managing Partner of Foley & Lardner LLP’s Orlando office.

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Can a Lien Exist Without A Debt for it to be Secure?

News
The question of does a lien exist without a debt for it to secure is a complicated issue that unfortunately does not have a universal answer.

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Buchalter Welcomes New Shareholder, Roxana K. Chamouillé

News
Buchalter Welcomes New Shareholder, Roxana K. Chamouillé in Its Orange County Office

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Tightening Up Contracts in a Hardening Insurance Market

Insight
Jason Reeves and Helen Campbell of Zelle LLP offer some advice on commercial property insurance contracts in the firm’s Articles.

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Another ‘Unsigned Agreement’ Held Enforceable Where the Parties Intended to be Bound, Despite Not Signing

<b>Another ‘Unsigned Agreement’ Held Enforceable Where the Parties Intended to be Bound, Despite Not Signing</b>

News
Written agreements without the “not bound until signed or executed” clause is risky business, James W. Wicks of Farrell Fritz writes.

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Mineral Royalties are Not ‘Personal Effects’ in Texas

News
The mineral interests were real property when her will took effect and, thus, were not personal effects left to the executor.

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NYC Litigation Boutique Sued for ‘Absurd’ Fees

News
Plaintiffs claim the firm charged “almost $1.9 million over a three year period, without engaging in any discovery, or document collection, whatsoever.”

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Effectively Using Letters of Intent in Real Estate Negotiations

Insight
An LOI that is unclear as to what, if anything, it obligates the parties to do can invite uncertainty, disagreements and even litigation.

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