Real Estate

At least three lawsuits have been filed against Champlain Towers South Condominium Association Inc. after a condominium tower in Surfside, Florida collapsed on June 24. The death toll has reached 46, with 94 people remaining unaccounted for. The residential construction failure likely resulted from numerous contributing factors spanning multiple years. Champlain Towers South Condominium Association
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“Allen Weisselberg’s a very good man, and he’s been treated horribly,” he said, characterizing the indictment as political persecution. Mr. Trump did not respond directly to a question about whether the organization had systematically avoided its tax burdens, as it stood accused of doing, but called the case “ridiculous.” His reluctance to discuss the allegations
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A franchisee sued real estate franchisor Century 21 for a declaration whether the franchisee could end its franchise agreement early despite a provision that deleted the franchisee’s early termination right. Noting the lawsuit raised “a straightforward question of contract interpretation,” the court granted the franchisor’s motion to dismiss, finding the provision “means exactly what it
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In this first edition, we discuss three court decisions and a new decree of the Dutch Ministry of Finance, all relating to the transfer or acquisition of real estate assets. Sale and leaseback The supply of Dutch real estate (i.e. the transfer of legal or economic ownership) is in principle VAT-exempt. There are three exceptions
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JRK Property Holdings, a Los Angeles-based real estate holding company, was sued by dozens of insurers Tuesday in California Central District Court. The suit, which seeks declaratory relief that the insurers are not obligated to provide coverage for business losses arising from COVID-19, is backed by law firms including Phelps Dunbar; Dentons; Dickinson Wright; Faegre
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