5 Ways to Prepare for Commercial Litigation
When businesses have disagreements or face excessive challenges with employees or customers that go beyond what the company can handle internally,
A Judgment Debtor Uncooperative? How Unusual.
A judgment debtor doesn’t answer most of the questions and won’t produce the requested documents. Sound familiar? The trial court ordered compliance and the judgment debtor appealed.
Suicide May Be Compensable Even If It Is Planned.
“the ALJ erroneously applied the irresistible impulse test and concluded that because [plaintiff] planned his suicide, he could not have committed suicide impulsively. But under the correct chain of causation test, a suicide may be compensable even if it is planned. [Plaintiff] need not demonstrate that he attempted to end his life in a delirium or frenzy.”
Warren Buffett Takes $7.5M for Laguna Beach Home He Bought for $150K
American Luxury Staff
The $3 million price chop did the trick; the Laguna Beach getaway home of influential billionaire and philanthropist Warren Buffett sold this month. Buffett had listed the home initially in the spring of 2017, asking $11 million, but slashed the price nearly thirty percent in the late summer of this year, relisting the property for just under $8 million.
When the dust settled this fall, Buffett had sold the home for $7.5 million. He had owned the home since 1971, and paid a paltry $150K for it, which makes his return nearly five thousand percent. That’s over nearly half a century, so the annualized return is around 8.7%, but it’s still very decent.
The home itself is an understated structure, lovely by virtue of its location. The renovations that…
TransUnion: Home equity lending is going to soar
Home equity levels continue to rise, and all signs point to a market ripe for home equity lending, according to a recent report from TransUnion. There are ample signs that the home equity lending market is poised for growth, said TransUnion SVP and Mortgage Business Leader Joe Mellman, calling HELOCs a great opportunity for lenders.
A Few Great Reasons Not to Lose Hope in Housing and Rates
Times are tough, or at least tougher than they have been for the housing and mortgage markets. Rares are at 7 year highs, and home sales/prices are noticeably cooling. 2008 taught us to fear the worst at times like this, but there are some good reasons you probably shouldn't.