When I began writing about the explosion of lawsuits filed in Florida in 2007 under the federal Interstate Land Sales Full Disclosure Act (ILSA), these cases were often characterized simply as “buyer’s remorse” suits. At the time, with the Florida real estate market starting its dramatic freefall, the generally accepted wisdom was that such cases [...]
Archive for April 12th, 2009
The New Wave Of ILSA Case Law: A Death Knell For Clever Lawyering?
Posted in Beck & Lee Business Trial Lawyers, Cancel Real Estate Purchase Agreement, Condo Cancellation Lawsuit, Condo Litigation, Florida Condo Contract, Florida Condo Lawyer, Florida Condo Market, Fort Lauderdale Condo Lawyer, ILSA, Interstate Land Sales Full Disclosure Act, Miami Condo Contract Lawyer, Miami Deposit Recovery Lawyer, Real Estate Litigation, Subprime Crisis Litigation, U.S. Housing Market, World Financial Crisis, tagged Federal Property Report, ILSA Property Report, ILSFDA on April 12, 2009 | 1 Comment »
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- RT @CapstoneAdvrs: Starwood paid 61% for Corus RE loans to partner w FDIC. 23% premium over 2nd bid surprised many as a very high price. 1 month ago
- New article on my blog: Stein And Starwood: Two Important New Chapters In The Great American Real Estate Crash Story http://bit.ly/4sWQCK 1 month ago
- S Fla Lawyers blog has a hilarious take on the big new ILSA case here http://bit.ly/1dTRcB - my own analysis is here http://bit.ly/4sWQCK 1 month ago
- John Pacenti has a great law.com story on a new bombshell ILSA decision from the 11th Circuit, Stein v. Paradigm http://bit.ly/2Era1 1 month ago
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- FDIC announces seizure of Corus Bank . Cost to Deposit Insurance Fund estimated at $1.7 billion! http://bit.ly/mzB9f 2 months ago
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Top Posts
- Stein And Starwood: Two Important New Chapters In The Great American Real Estate Crash Story
- The Short And Tricky Statute Of Limitations Framework For Claims Under The Interstate Land Sales Full Disclosure Act (ILSA)
- New York Attorney General's Office Orders The Related Group To Pay Back Buyers' Florida Condo Deposits
- Pugliese v. Pukka Development, Inc.: The ILSA Quagmire Gets Thicker For Developers As A New Opening For Condo Contract Revocation Emerges
- Federal Court Endorses Financial Crisis As Basis For Relief From Pre-Existing Contractual Duties; Could Real Estate Contracts Be Affected?
- As The Condo Market Worsens, The Significance Of Buyers' Deposits Held In Escrow Grows
- No Magic Bullet Theory Of Recovery For Jorge Perez Or Other Real Estate Speculators
- A Word On The Opera Tower Decision, Boilerplate Disclaimers, And The Teeth Of ILSA
- A New Kind Of Condo Lawsuit: Related Group Sues Brokers To Claw Back Commissions On Defaulted Condo Units
- Real Estate And Housing Industry Outlook From Mike Morgan
- Global Financial Crisis As "Force Majeure": A Trump Card For Donald Trump?
- Navigating The ILSA Minefield: How Have Courts Applied The Interstate Land Sales Full Disclosure Act In An Era Of Economic Crisis?
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