A Missouri jury holds real estate agents accountable for a significant sum in commission fees, setting a precedent for commission practices and implicating financial and legal consequences for realtors in the area.
Missouri Jury Orders Realtors to Pay $1.78 Billion in Commission Fees
A Missouri jury has found real estate agents liable for $1.78 billion in commission fees. This verdict addresses claims regarding the commission practices within the real estate industry, highlighting significant legal and financial implications for realtors in the region.
Real Estate Developers and FDIC Receivership
Real estate developers might face uncertainties about upcoming draws from construction loans or credit lines if the Federal Deposit Insurance Corporation (FDIC) places their lender into receivership. This scenario could affect funding availability and project timelines.
Anita Famili Honored as 2022 Trailblazer
Anita Famili, leader of Manatt’s Real Estate Transactions and Finance and Cannabis and CBD practices, was named a 2022 Real Estate and Construction Law Trailblazer by The National Law Journal. This accolade recognizes her contributions to the industry.
Manatt Expands Community Development Offerings
Manatt, Phelps & Phillips, LLP continues to enhance its impact investing and community development services with the addition of a team in Washington, D.C., reflecting its commitment to growth and community engagement.
AI Lexicon: Understanding Key Terms in Evolving Technology
As artificial intelligence (AI) continues to evolve, it’s essential to understand key terms such as training/inference, SLM/LLM, grounding, and RAG. These concepts help demystify how AI systems learn from data and provide accurate responses by integrating new information.
Real Estate Ventures and Legal Achievements
Manatt has been actively involved in notable real estate transactions, including joint ventures and property sales, underscoring its position in the industry. The firm’s achievements have been recognized in various legal rankings and publications.