Legal News
Park51 developer Sharif El-Gamal has a history of run-ins with the law
Years before his latest real-estate project ignited an uproar, Sharif El-Gamal racked up at least seven run-ins with the law, including a bust for patronizing a prostitute.
Wily Sunisa and The Grand Property Scam in Jomtien Soi 7 Pattaya Daily News 07.03.2010 | |
 The British chief executive officer of a property development company in Phuket is accused of allegedly defrauding more than Bt200 million from investors. The CEO denies the accusations. |  Property in Thailand is probably one of the most lucrative investment arenas, worldwide, with prices almost 1/3 of an equivalent unit in most top Western destinations. This particularly applies to Pattaya where the total value of condos sold leapt from US$12m in H1,2005 to an astounding US$222m in H1,2008 (Bt 392.4m-7,258.33m), with prices rising from US$1,929 prices per square metre (psm) to US$3,264 psm (Bt63,096.51 - 106,767.98). In one case, The Cove topped Bt220,000 psm; the equivalent of top Bangkok prices. Being such a lucrative arena, however, makes the property market highly susceptible to scam merchants, one such we will elaborate on after giving you the background to the Pattaya Property Market. |
Is your estate agent taking 'bribes' from your lawyer?SEBASTIAN O KELLY Daily Mail 22.02.2010 | Real estate law made simple: To inspect or not to inspect - that is the questionJERRY FEENEY 28.01.2010 |
 Scandal of legal firms paying £300 fees to pick up work - then heaping the cost on buyers. |  Buyers often ask me whether they should hire an engineer to inspect a property before buying it. The answer, like many in real estate, depends. |
Legal & General launches new mortgage as lending increases UK Net Guide 06.01.2010 | Luxury-Property Owners Sue Credit Suisse for $24 BillionJACQUELINE PALANK The Wall Street Journal 04.01.2010 |
 People looking for a new long-term mortgage will be glad to hear that an exclusive lifetime tracker house purchase loan has been launched by Legal & General Mortgage Club. |  Property owners at four U.S. luxury ski and golf resorts are suing Credit Suisse Group AG for $24 billion, accusing the Swiss bank of running a "loan-to-own" program that loaded the resorts up with debt so it could foreclose on their assets when the debt couldn't be repaid. |
New laws on the books for NY residents in 2010Bob Clark The Evening Tribune 03.01.2010 | UK landlords set to face new public housing laws Constructaquote 12.11.2009 |
 As the new decade begins, New York residents will see several new laws going on the books this year. |  New laws aimed at providing better services for council tenants will be launched in April 2010, the Government has announced. |
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