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26 Aug 2013, 7:04 am by David Snyder
Department of Housing and Urban Development told Congress it could not  say if the Federal Housing Administration would insure new mortgages in communities including Richmond, California that propose to seize home loans through eminent domain. [read post]
24 Aug 2013, 12:52 pm
It is replete with the finer and more technical points of federal declaratory judgment law as settled in the Fourth Circuit (the federal appellate circuit which includes the State of South Carolina, and which is headquartered in Richmond, Virginia). [read post]
21 Aug 2013, 6:57 am by Joe May
Virginia: “McDonnell tries to govern, trailed by scandal” by Olympia Meola in the Richmond Times-Dispatch. [read post]
16 Aug 2013, 6:00 am by Christopher G. Hill
And thank Chris for letting me invade Musings with the good news. [read post]
14 Aug 2013, 7:22 am by Joe May
Virginia: “Governor has returned ‘tangible’ gifts, legal team says” by Olympia Meola in the Richmond Times-Dispatch. [read post]
13 Aug 2013, 11:03 am
If the mortgage holders refuse, Richmond's mayor has indicated that the city will move to seize the loans pursuant to its eminent domain powers. [read post]
13 Aug 2013, 3:00 am by propertyprof
Southern's Chris Odinet passes along this news: A group of plaintiffs representing some of the nation's largest bond investors (including Fannie Mae and Freddie Mac) have filed a lawsuit against the City of Richmond, CA and the investment firm Mortgage... [read post]
12 Aug 2013, 2:39 pm by Stephen Bilkis
The court ruled that while numerous decisions describe the summons and complaint process authorized by Section 50 of the New York City Criminal Court Act (NYCCCA) and the operation of the Summons All Purpose Part (SAP) in the Criminal Courts of the City of New York, as contained in People v. [read post]
12 Aug 2013, 2:12 pm by Ilya Somin
But the idea that the city will be able to strip distressed mortgages from one set of owners and sell new smaller mortgages to investors at a profit is speculative at best. [read post]
9 Aug 2013, 5:34 pm by Ilya Somin
As the New York Times explains, the city could take a $400,000 mortgage on a home now valued at $200,000, condemn it while paying only $160,000 in compensation, and then restructure it into a new $190,000 loan that could be sold to private investors. [read post]
9 Aug 2013, 8:25 am by Jon Gelman
"This criminal case achieves our goals of holding Chevron accountable for their conduct, protecting the public, and ensuring a safer work environment at the refinery," Peterson said in a news release. [read post]
8 Aug 2013, 11:58 am by Above the Law
Cardozo School of Law, Berkeley Law, Biglaw, Boston College Law School, Boston University School of Law, Brooklyn Law School, BU Law, Cambridge, Cardozo Law School, Case Western Reserve University School of Law, Columbus School of Law - The Catholic University of America, Duke Law, Fordham Law School, Harvard Law, Hofstra Law, Hofstra Law School, Illinois Law, Indiana University School of Law, Infographic, Infographics, Law Schools, London, Loyola Law School - Chicago, Loyola University Chicago… [read post]
8 Aug 2013, 10:23 am by Bernadette Duran-Brown
  According to multiple news sources (here, here and here), Wells Fargo Bank, Deutsche Bank and Bank of New York Mellon Corp. have asked the court to find the City's plan unconstitutional and block its implementation. [read post]
7 Aug 2013, 8:10 pm by Ilya Somin
The news report quoted above seems to say that this is one of the causes of action advanced by the bond investors in their lawsuit. [read post]
6 Aug 2013, 6:17 am by Christopher G. Hill
  This is in fact my introduction to those of you who are new to Construction Law Musings and a re-introduction to those that have been reading a while (thanks by the way). [read post]
1 Aug 2013, 7:17 am by Rahul Bhagnari, ACLU
We're hoping to broaden the conversation around the freedom to marry and to bring compelling stories to the Fourth Circuit Court of Appeals in Richmond, where we have high hopes for a fair hearing down the road. [read post]
31 Jul 2013, 6:58 pm by Ilya Somin
Here’s the compensation Richmond is offering, as described by the New York Times: The city is offering to buy the loans at what it considers the fair market value. [read post]