Shadow of COVID-19 continues to loom over real estate markets, leaving lenders, property owners and landlords in difficult position.
So you think your contract is airtight? A court may rule differently due to latent ambiguities in the contract language.
As the COVID-19 pandemic rages, Michigan’s real estate industry braces for a potential wave of foreclosures and evictions.
Recent federal appellate court ruling clarifies who decides whether a dispute can be arbitrated.
Illinois Supreme Court tells litigation “tourists” looking to file their case in the “Land of Lincoln” for a potential better outcome to stay home!
Supreme Court rules the standing of pension plan participants can be challenged even if there is evidence of wrongdoing in plan management, when the plan is fully funded.
Applying lessons learned from the 2008 economic crash, mortgagees may want to consider challenging property tax assessments during pandemic crisis to protect the value of their collateral.
Under Michigan law, landlords may be able to recover future damages after a tenant vacates leased premises, even if the lease does not include an acceleration clause.
A recent appellate court ruling makes it prudent to take a deeper dive into the issue of minority shareholder oppression claims.
Three well-established legal doctrines may impact the enforceability of your contracts during an event like the ongoing coronavirus pandemic.
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- No Light Yet at End of COVID-19 Real Estate Tunnel
- When are Clear, Unambiguous Contracts Nonetheless Ambiguous?
- What the Future may Hold for Michigan Real Estate Foreclosures and Evictions
- The Dispute Subject to Arbitration, or is it? Who Decides?
- Illinois Supreme Court Slams Courthouse Door on Non-residents' Product Liability Claims Against Non-resident Defendants for Injuries Suffered Outside State
- Supreme Court Rules Fully Funded Pension Plans Cannot be Sued Under ERISA for Mismanagement
- A Day in Someone Else’s Shoes: Can Mortgagees Challenge Ad Valorem Assessments?
- Landlords may be able to Recover Future Damages Even After Tenants Vacate Leased Premises
- A Deeper Dive Into Minority Owner Oppression Claims
- Is Coronavirus Pandemic an Excuse not to Pay or Perform a Contract? A Short Primer on Applicable Legal Doctrines