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Shorter Merit reviews preceded bank failures
At least three U.S. banks failed in the past year after the Federal Deposit Insurance Corp. deemed them healthy enough to qualify for a program that reduced the time examiners spent on reviews by at least 20 percent. The three lenders-FirstCity Bank in Stockbridge, Ga., Security Pacific Bank in Los Angeles and 1st Centennial Bank in Redlands, Calif.Judges, Attorneys Work to Stanch Foreclosures
Alarmed by the dramatic rise in housing foreclosures across the nation, judges have taken a variety of actions to slow the pace, ranging from outright dismissals for incomplete work to mandated mediation to threatening attorneys with sanctions. While attorneys hold "boot camps" to train colleagues on how to handle foreclosures, judges have been closing down shortcuts, such as telephone hearings.RICHMOND COUNTY Supreme Court For Plaintiff: Gary W. Johnson For Defendant: Gina-Marie Reitano Judge Giacobbe a href="http://nycourts.law.com/cpnyl
Deal Watch: AGG guides Florida real estate deal
The wave of foreclosures that swept across Florida is beginning to yield some deals in the battered commercial real estate sector.Arnall Golden Gregory partner Scott A. Fisher knows that firsthand, because he just closed a $32.5 million deal representing Bay Isle Key LLC, which includes Atlanta-based real estate investor Pollack Partners among its backers, in the purchase of 510 foreclosed apartment and condominium units in St.Submitted: April 23, 2001AFFIRMED IN PART AND REVERSED IN PART AND REMANDED.This appeal involves an insurance coverage dispute in which the insured seeks coverage under a number of policies for
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Court Focuses on Government Liability, Immunity and Transparency
The Supreme Court found that the discovery rule does not obviate the need to comply with the statutory notice requirements of the Tort Claims Act.United States Court of Appeals Fifth CircuitLyle W. CayceClerkBefore REAVLEY, DAVIS, and PRADO, Circuit Judges.This consolidated appeal arises out of an alleged mul
[PUBLISH]Before TJOFLAT, CARNES and HILL, Circuit Judges.This case arose when Janneral Denson and Jordan L. Taylor sued the U.S. Customs Service, Customs Inspectors Cheryl Friedland and Lee Lave
PUBLISHEDArgued: March 22, 2011Before KING, GREGORY, and WYNN, Circuit Judges.Vacated and remanded by published opinion. Judge King wrote the opinion, in which Judge Gregory and Judge W
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