Alex Veiga

May 11, 2009 | Daily Report Online

AP - When Cousins Properties began construction on a second office tower in its Terminus development in Atlanta, the company chairman figured it would quickly become a tenant magnet, just like its glass and steel sibling.But within a few months, things got a bit crowded. Another developer decided to build an office tower nearby.

By ALEX VEIGA

6 minute read

September 17, 2010 | Daily Report Online

Lenders took back more homes in August than in any month since the start of the U.S. mortgage crisis.The increase in home repossessions came even as the number of properties entering the foreclosure process slowed for the seventh month in a row, foreclosure listing firm RealtyTrac Inc. said Thursday.In all, banks repossessed 95,364 properties last month, up 3 percent from July and an increase of 25 percent from August 2009, RealtyTrac said.

By Alex Veiga

4 minute read

September 21, 2009 | Daily Report Online

LOS ANGELES AP - Home auction Web sites offer a tantalizing alternative to homebuyers: Find a property, put in your bid, and the best offer wins.Sounds simple, but the difference between landing a bargain and overpaying for a property isn't quite that cut and dry. Often it comes down to how well a buyer vets a property before the auction and how they manage their bidding in the final hours of the sale.

By ALEX VEIGA

5 minute read

June 26, 2009 | Daily Report Online

LOS ANGELES AP - Michael Jackson the singer was also Michael Jackson the billion-dollar business.Yet after selling more than 61 million albums in the U.S. and having a decade-long attraction open at Disney theme parks, the "King of Pop" died Thursday at age 50 reportedly awash in about $400 million in debt, on the cusp of a final comeback after well over a decade of scandal.

By ALEX VEIGA

5 minute read

January 10, 2008 | Daily Report Online

LOS ANGELES AP - Countrywide Financial Corp., its stock pummeled this week by rumors of bankruptcy and lackluster housing market forecasts, said Wednesday the percentage of borrowers who missed payments on home loans last month rose, signaling worsening trouble for the nation's largest mortgage lender and for the entire mortgage sector.

By ALEX VEIGA

4 minute read

January 20, 2006 | Law.com

Students sued by the recording industry for using the now-defunct i2hub online file-sharing network are demanding that its operator pay to settle music copyright infringement claims. Attorneys with the Student Legal Services Office, a student-funded legal group, claimed that i2hub placed ads on the University of Massachusetts-Amherst's campus to deceive students into believing the software was approved by the university. At least 42 students have been named as defendants.

By Alex Veiga

2 minute read

October 19, 2006 | Law.com

Universal Music Group is suing the operators of two video-sharing Web sites, Grouper.com and Bolt.com, claiming they illegally let users share music videos and other copyrighted material without permission. The recording company said it sought licensing deals with both Grouper and Bolt but reached agreements with neither. Video sites have become wildly popular over the past year, drawing millions of visitors who find clips from movies and music videos along with homemade footage from users.

By Alex Veiga

2 minute read

January 26, 2005 | Corporate Counsel

Jonathan B. Orlick, the former GC of Gemstar-TV Guide International, has agreed to pay more than $305,000 to settle federal fraud charges brought by the Securities and Exchange Commission. Orlick is also prohibited from serving as officer or director of a public company for 10 years.

By Alex Veiga

2 minute read

November 03, 2004 | Law.com

Comic superhero stable Marvel Enterprises Inc. has sued The Walt Disney Co., claiming the entertainment giant never had legal rights to make animated television programs based on comic book characters such as "Spider-Man" and "X-Men." In the suit, filed Friday in U.S. District Court, Marvel accuses Disney of copyright infringement, fraud and unfair competition stemming from Disney's distribution of animated episodes of Marvel characters.

By Alex Veiga

2 minute read

August 08, 2006 | Law.com

A coalition of recording companies on Friday sued the operators of LimeWire for copyright infringement, claiming the firm encourages users of the popular online file-sharing software to trade music without permission. The case is the first piracy lawsuit brought against a distributor of file-sharing software since the U.S. Supreme Court ruled last year that technology companies could be sued for infringement on the grounds that they encouraged customers to steal music and movies over the Internet.

By Alex Veiga

3 minute read