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Davis Wright Tremaine settles Sunwest suit Law firm Davis Wright Tremaine LLP has agreed to settle a class action law suit alleging it misled investors when it provided legal counsel in real estate transactions associated with properties managed by Salem-based Sunwest Management Inc. Biz JournalCourt rules against CalPERS`, CalSTRS` investments The New York Court of Appeals on Thursday further slammed the door on hopes that California's two largest pension funds might recoup their investments in a Manhattan real estate deal that is collapsing under its own debt. Biz JournalTax Credit Won`t Rescue HousingForbes Shobhana Subramanian: What`re the builders so worried about? Its a pity that home buyers in this country have got such a raw deal all these years while developers have been almost a law unto themselves. Finally, the ministry of housing is trying to help protect consumers and keep a check on the construction of residential property with the proposed Model Act for Real Estate (Regulation of Development). Of course, developers are upset that they will now be made far more accountable, but the government owes it to ordinary, middle class citizens of this country not to drag its feet on this piece of legislation. And since the Act has to be adopted by states, the Centre needs to incentivise state governments to enforce the new rules. Otherwise, home buyers in this country will continue to be at the receiving end. Business StandardJoseph F. Finn, Jr., Assignee for the Benefit of Creditors of EPIX Pharmaceuticals, Inc., Releases Statement Regarding Liquidation Process WELLESLEY HILLS, Mass., Oct. 22 /PRNewswire/ -- The previously announced auction of assets of EPIX Pharmaceuticals, Inc. was conducted on October 21, 2009. As of today, claims filed against the estate far exceed the assets available for distribution to creditors. The Assignee will continue to liquidate assets and review the claims filed against the estate, but at this juncture, it does not appear that creditors will be paid in full or that there will be any assets available for distribution to shareholders of EPIX Pharmaceuticals. prnewswire.comWin £1,000 to save or spend on inheritance planning Writing a will is the best way to make sure your estate is passed on to your family and friends exactly as you wish in the most tax efficient manner FTA call to preserve real estate`s core valuesInMan Commercial real estate bust looms Amid the worst housing crisis in decades, commercial real estate is shaping up as the second half of what some are calling a "double bubble." By msnbc.com's John W. Schoen. MsnBahrain property developers shifts focus to low-income housing Bahrain. Real estate developers have scaled down projects still in the design phase and have significantly slowed down construction of projects already under way to postpone delivery until the markets recover. Business Intelligence Middle East3 signs of the next real estate collapse When the FDIC closed Chicago's Corus Bank last month, it may have signaled the beginning of the next shock to the banking system: commercial real estate defaults. CNN1 2 |
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Feedzilla is a news aggregator which categorizes news stories by topic. It is a platform where webmasters and bloggers can find an unmatched selection of easy to use, automatically updating and professional news widgets for their sites. Feedzilla supports the building of widgets in various formats, as well as allowing the addition of news widgets to different blogging platforms and social networks.
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