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Luce, Forward, Hamilton & Scripps LLP was recently ranked the third largest major real estate law firm in California by the California Real Estate Journal, a news source for the state's commercial real estate industry. The rankings are based on the number of real estate attorneys in each firm as of January 2009. According to the firm, because of its practical experience in real estate, financing, securities, tax and bankruptcy, it is also heavily involved in helping its clients maximize the value of troubled assets. The firm says that the attorneys in its Distressed Real Estate Asset practice group understand the complicated legal issues involved and have experience in handling all aspects of troubled real estate.
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There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
A federal district court in Miami, FL, has ruled that former National Basketball Association star Shaquille O'Neal will have to face a lawsuit over his promotion of unregistered securities in the form of cryptocurrency tokens and that he was a "seller" of these unregistered securities.
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In recent years, there has been a growing number of dry cleaners claiming to be "organic," "green," or "eco-friendly." While that may be true with respect to some, many dry cleaners continue to use a cleaning method involving the use of a solvent called perchloroethylene, commonly known as perc. And, there seems to be an increasing number of lawsuits stemming from environmental problems associated with historic dry cleaning operations utilizing this chemical.