Firm Insights
The Eighth Circuit Court of Appeals recently affirmed a District Court’s summary judgment that a party who does not disclose his employment discrimination claims to a bankruptcy trustee is judicially estopped from pursuing those claims. Jones v. Bob Evans Farms, Inc. Jones began working for Bob Evans in June 2009. A few months later, he…
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On December 31, 2015, St. Louis County Ordinance 26,211, the “Residential Rental Property Licensing Code,” (the “Code”) will become effective. Note the following important limitations: The Code applies only in unincorporated parts of St. Louis County, and to owners of residential dwellings of four units or less. Residential Rental Property Licensing Code The Code requires…
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It appears that rule-making agencies are likely to gut a provision from the Dodd-Frank financial overhaul law that requires securitizing lenders to retain at least 5% of the credit risk in all but the safest real estate secured loans. “Great Recession” The FDIC, FRB, SEC, Federal Housing Finance Agency, and Department of Housing and Urban…
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