Foreclosure

Norton Rose Fulbright Strengthens Real Estate Practice with Strategic Attorney Hires from Kasowitz Benson Torres

Pieter Gunst02 mins

Norton Rose Fulbright has expanded its real estate practice by hiring eight former attorneys from Kasowitz Benson Torres LLP in New York. These legal professionals specialize in advising clients on distressed real estate matters, encompassing workouts, restructurings, and foreclosures, as recently reported by Law360. The acquisition reflects Norton Rose’s strategic aim to bolster its capabilities…

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Real Estate Legal Shift: Kasowitz Team Joins Norton Rose Fulbright in Strategic Move

Pieter Gunst03 mins

A significant shift has occurred in New York’s legal landscape as a prominent real estate team from Kasowitz Benson Torres LLP has transitioned to Norton Rose Fulbright. This move underscores the dynamic nature of the legal industry, where strategic alignments are pivotal for growth and client service. Kasowitz Benson Torres LLP, headquartered in New York,…

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Sixth Circuit Slashes Attorney Fees in Michigan Foreclosure Case, Signaling Stricter Judicial Scrutiny

Pieter Gunst03 mins

In a recent ruling, the Sixth Circuit Court of Appeals significantly reduced attorney fees in a Michigan tax foreclosure case, deeming the original award excessive. The fees had initially been set above the settlement amount achieved for the plaintiffs. This decision arrived as part of a published opinion on Thursday, illustrating the court’s stance on…

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Supreme Court Ruling on Home Equity Theft Spurs Debate on Tax Foreclosure Laws

Pieter Gunst03 mins

The recent Supreme Court decision on “home equity theft” continues to raise questions and place the spotlight on local tax foreclosure laws. The ruling addressed a Minnesota case where a county seized Geraldine Tyler’s condo over $15,000 in unpaid property taxes and retained the excess proceeds from the property’s sale, totaling $40,000. While the Court…

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Texas Judge’s Foreclosure Case Sees Partial Reversal: A Closer Look at Procedural Complexity

Pieter Gunst03 mins

In a noteworthy development, a Texas judge’s ongoing legal battle over a foreclosure ruling has resulted in a partial reversal, marking a significant turn in the case. The court’s latest decision offers a nuanced resolution to the contentious dispute that has captured the attention of the legal community. The original case involved the judge’s attempt…

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Eighth Circuit Revives Lawsuit Against Law Firm Over Alleged Foreclosure Violations

Pieter Gunst03 mins

The United States Court of Appeals for the Eighth Circuit has reinstated a lawsuit against Taft Stettinius & Hollister LLP, a prominent law firm, in a case concerning alleged violations of foreclosure procedures. The appellate court’s decision centers on whether an alleged breach of the reinstatement statute also constitutes a violation of section 1692f(6)(A) of…

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Supreme Court Weighs Implications of Tax Foreclosure Sales on Property Rights and Constitutional Clauses

Pieter Gunst04 mins

Last week, the U.S. Supreme Court heard oral arguments in Michael Pung, Personal Representative of the Estate of Timothy Scott Pung v. Isabella County, Michigan, a property rights case focused on the Fifth Amendment’s Takings Clause and the Eighth Amendment’s Excessive Fines Clause. The case stems from a tax foreclosure dispute, where Isabella County retained…

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Supreme Court Debates Fair Compensation in Foreclosure Sale Case, Raising Broader Legal Implications

Pieter Gunst04 mins

The recent oral arguments in Pung v. Isabella County have sparked significant discussion among the justices of the U.S. Supreme Court, focusing on the constitutionality of foreclosure sales under the Fifth Amendment’s takings clause. The case arose after Michael Pung contested that his property, sold at a foreclosure auction due to unpaid taxes, fetched less…

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Supreme Court to Decide on Legality of Government Property Seizures Under Tax Foreclosure Laws

Pieter Gunst04 mins

The U.S. Supreme Court has been presented with another opportunity to address contentious practices involving government seizures of homes. This issue, often referred to as “home theft” by critics, arises when local governments seize properties over unpaid taxes and retain the entire value of the home, not just the taxes owed. This practice has sparked…

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Maximizing Returns in Distressed Real Estate: Strategic Insights for Savvy Investors

Pieter Gunst03 mins

In today’s climate of rising interest rates and stretched borrower balance sheets, savvy real-estate investors are capturing unique opportunities within distressed markets. The uneven recovery across asset classes has made defaulted loans particularly appealing for those with legal expertise. A strategic approach is essential, as a blunt foreclosure “hammer” is no longer sufficient. Instead, a…

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Supreme Court to Decide on Just Compensation in Tax Foreclosures: Implications for Property Rights and State Revenues

Pieter Gunst04 mins

The United States Supreme Court is poised to address a critical issue that has long been a point of contention in property law: what constitutes “just” compensation in the context of tax foreclosures. This decision could have significant implications for property owners and state governments alike, as the Court seeks to clarify the parameters of…

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Phelps Expands Jackson Litigation Team with Industry Veteran John Rouse

Pieter Gunst02 mins

Phelps has announced the addition of John Rouse as a partner in their Jackson, Mississippi office, with an emphasis on products liability, financial services, and corrections health-care practices. This strategic recruitment, revealed Tuesday, underscores the firm’s commitment to bolstering its litigation capabilities in the region. Rouse brings a wealth of experience to his new role,…

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Attorney Seeks Withdrawal from Complex Beverly Hills Mansion Bankruptcy Case

Pieter Gunst03 mins

An attorney representing a foreclosed Beverly Hills mansion has initiated steps to withdraw from the bankruptcy case involving the opulent property. The legal counsel, Michael Jay Berger, has cited an “irreparably broken” relationship with the mansion’s owner as the primary reason for his decision to exit the case. The contentious situation emerges amidst allegations of…

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Buchalter Expands Presence in Construction Law with Chicago Office Addition of Steven Mroczkowski

Pieter Gunst02 mins

“`html Buchalter has expanded its construction and litigation practice by appointing Steven Mroczkowski as a shareholder in their Chicago office. This strategic addition, announced on Tuesday, is poised to enhance the firm’s capabilities in handling complex construction-related legal matters across the United States. Steven Mroczkowski comes with extensive experience in representing a diverse array of…

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Squire Patton Boggs Enhances Litigation Team with Strategic Appointment in Miami Office

Pieter Gunst02 mins

In a strategic move to strengthen its global litigation capabilities, Squire Patton Boggs has appointed Dorian Daggs as a partner within its Miami office. This appointment underscores the firm’s commitment to expanding its influence in key litigation sectors. According to an announcement by the firm, Daggs brings to the table a robust portfolio of experience,…

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Troutman Pepper Locke Enhances Bankruptcy Team with Appointment of Christopher Fernandez as Partner

Pieter Gunst01 mins

In a recent development within the legal sector, Troutman Pepper Locke has expanded its team by appointing Christopher Fernandez as a partner. Fernandez will play a key role in the firm’s bankruptcy and restructuring practice group, operating from their Charlotte, N.C. office. With a robust background in advising and representing commercial mortgage-backed securities (CMBS) special…

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Florida Supreme Court Permanently Disbars Miami Attorney Bruce Jacobs for Professional Misconduct

Pieter Gunst01 mins

In a significant decision, the Florida Supreme Court has permanently disbarred Bruce Jacobs, a Miami-based foreclosure defense attorney. The Court escalated the disciplinary action beyond the recommendation of Miami-Dade Circuit Judge Betsy Alvarez-Zane, who outlined instances of severe professional misconduct in her report. These included filing frivolous pleadings, lacking candor, and impugning judicial integrity without…

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Thompson Coburn Strengthens Litigation Practice with Strategic Partner Additions

Pieter Gunst02 mins

In a strategic move to bolster its litigation capabilities, law firm Thompson Coburn has announced the addition of Adam Toosley and Laura Ellis Kugler as partners in its litigation practice. The firm revealed the appointments this Monday, signifying its commitment to enhancing its expertise in key litigation areas. Adam Toosley joins the business litigation practice…

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Emerging Legal Battles: AI Misrepresentation, Foreclosure Fund Disputes, and NYU Data Breach Highlight Growing Trends

Pieter Gunst02 mins

In recent litigation developments, several emerging trends are gaining attention, including lawsuits concerning “AI washing,” disputes over surplus foreclosure funds, and a significant data breach at NYU. The notion of “AI washing” is at the forefront of legal discussions, particularly as Apple faces allegations of misrepresenting the capabilities of the latest iPhone’s AI features. This…

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