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New State Mortgage Laws and Regulations Authorize Private Lawsuits
A wave of state laws and regulations aimed at curbing unsuitable mortgage loans is opening the door to more litigation by allowing borrowers to file lawsuits instead of complaining to regulatory agencies. The laws are also creating compliance work for lawyers assisting national lenders faced with a thicket of new state requirements. The laws, which kick in between January 2007 and early 2008, allow private lawsuits, frequently under state consumer protection or unfair or deceptive acts or practices laws.Fla. Supreme Court to hear Everglades case
TALLAHASSEE, Fla. (AP) ? The Florida Supreme Court has agreed to hear a legal challenge to a state deal aimed at buying 73,000 acres of farmland from U.S. Sugar for Everglades restoration projects.Calif's gay marriage trial re-enacted
SAN FRANCISCO (AP) ? The U.S. Supreme Court may have stopped broadcasts of California's same-sex marriage trial, but that has not prevented the proceedings from being re-enacted for the Internet.Shipping terminal operator Lafarge insisted on hiring Goodwin Procter over its insurance company's objections. The appellate court, overturning a lower court judge, said that wasn't reasonable--so the insurers don't have to pay Goodwin's millions in legal fees.
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