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 [...]
Archive for August, 2008
Developers Suing Lenders: Paving The Way To Lender Liability Claims From Real Estate Buyers?
Posted in Cancel Real Estate Purchase Agreement, Condo Cancellation Lawsuit, Condo Hotel Lawyer, Florida Condo Law, Florida Condo Lawyer, Florida Condo Market, Florida Condominium Contract Attorney, Florida Real Estate Lawsuit, Florida Real Estate Lawyer, Interstate Land Sales Full Disclosure Act, Lender Liability, Miami Condo Contract Lawyer, Miami Deposit Recovery Lawyer, Orlando Condo Contract Lawyer, Real Estate Litigation, U.S. Housing Market on August 28, 2008 | 4 Comments »
Has The ILSA Land Mine Exploded Yet? A Mid-Summer Update On Recent Federal Cases Interpreting The Interstate Land Sales Full Disclosure Act
Posted in Cancel Real Estate Purchase Agreement, Florida Condo Contract, Florida Condo Law, Florida Condominium Contract Attorney, Florida Real Estate Lawyer, ILSA, Interstate Land Sales Full Disclosure Act, Miami Condo Contract Lawyer, Miami Deposit Recovery Lawyer, U.S. Housing Market, tagged ILSFDA on August 1, 2008 | 1 Comment »
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 [...]