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Archive for August, 2008

In the litigation fallout from the real estate market crash, the latest round of lawsuits in Florida involves developers of troubled projects bringing claims against their lenders.  Here are three major examples from recent weeks: the original developer of the Il Lugano condo hotel in Fort Lauderdale sued KeyBank for allegedly erecting “unreasonable hurdles” as a [...]

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It was back in October of 2007 when I asked on this blog whether the federal Interstate Land Sales Full Disclosure Act (ILSA) was a “land mine ready to explode for condo developers.”  (Based on the number of page views, that article remains one of the most popular on this site).  Looking at the number of cases pending in Florida [...]

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