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Bankruptcy Decision Threatens Deficiency Claims
In their Financing column, Jeffrey B. Steiner and Jason R. Goldstein, members of DLA Piper, analyze 'In re Loop 76,' where Loop 76 successfully argued that Wells Fargo Bank's unsecured deficiency claim should be placed in a class separate from the rest of the unsecured claims, because the bank had a third-party payment guarantee. Until this point, most practitioners have understood that lenders' deficiency claims, whether or not backstopped by a principal guaranty, were substantially similar to other unsecured claims.
Fortress, Cerberus to raise property funds
Fortress Investment Group LLC, Colony Capital LLC and Starwood Capital Group LLC are among a record number of private-equity firms raising real estate funds, according to people familiar with the process, driving down fees in a business reeling from earlier losses.
Related Co. closes $825 million distressed real estate fund
The developer of Manhattan's Time Warner Center is purchasing distressed debt on properties with the goal of taking ownership of the buildings through the bankruptcy process.
CityPlace modifies $150 million mortgage
CityPlace Partners has modified its $150 million mortgage backed by the 72-acre CityPlace entertainment and retail hub in downtown West Palm Beach. Terms were not disclosed.Related takes control of unsold Anglo Irish NYC condos
Related Cos., the New York developer founded by Stephen Ross, took title to 232 unsold condominium units in Manhattan's Battery Park City for $82.8 million after buying a foreclosure bid from lender Anglo Irish Bank Corp.
Law Journal Press | Digital Book
Wrongful Use of Civil Proceedings and Related Torts in Pennsylvania, Second Edition
Authors: George Bochetto, David P. Heim, John A. O’Connell, Robert S. Tintner
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In re Nassau County Strip Search Cases, 99-CV-2844(DRH)
Publication Date: 2010-09-24 Practice Area: Constitutional Law
Industry: Court: U.S. District Court, Eastern District Judge: District Judge Hurley Attorneys: For plaintiff: For Plaintiffs: Giskan Solotaroff Anderson & Stewart LLP, New York, New York, By: Robert L. Herbst, Esq.; Oren Giskan, Esq. Beldock Levine & Hoffman LLP, New York, New York; By: Vera M. Scanlon, Esq. Emery Celli Brinckerhoff & Abady LLP, New York, New York, By: Matthew D. Brinckerhoff, Esq.; Mariann Wang, Esq. Wolf Haldenstein Adler Freeman & Herz, LLP, New York, New York; By: Jeffrey G. Smith, Esq.; Martin Restituyo, Esq. For defendant: For Defendants: John Ciampoli, Nassau County Attorney Mineola, New York; By: Dennis J. Saffran, Esq.; Liora Ben-Sorek, Esq. *1 Case number: 99-CV-2844(DRH)
Cite as: In re Nassau County Strip Search Cases, 99-CV-2844(DRH), NYLJ 1202472439270, at *1 (EDNY, Decided September 22, 2010)District Judge Hurleyp class=
Kelsey, plaintiffs-appellees v. County of Schoharie, defendants-appellants
Free With Registration: Jail's Clothing Exchange Procedure for New Inmates Not Unconstitutional Strip SearchExecs sign MarcumRachlin to $3.7 million lease at CityPlace Office Tower in West Palm Beach
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