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National Association of Realtors) is a class-action lawsuit challenging the fees charged by real estate agents in the United States. The case was filed against the National Association of Realtors and some of the largest brokerages in the country.
A real estate company owned by Warren Buffett’s Berkshire Hathaway has agreed to pay $250 million to settle lawsuits nationwide claiming that longstanding practices by real estate brokerages ...
Changes may soon be on the horizon for real estate commission rates after a Kansas City jury determined – in a $1.8 billion judgement in October – that commissions had been inflated and that ...
Mickman wrote in the lawsuit complaint that real estate agent Kyle Seyboth, his company, The Seyboth Team Real Estate, with Century 21, and others "deceived" Smith Hill homeowners Marie and Jean ...
By the transaction, petitioner's capital invested in the real estate had been completely liquidated for cash to an amount fully equal to the value of the fee. Because petitioner received cash for the full value of the property conveyed, the court held the transaction had to be classified as a sale.
A class action in such a situation centralizes all claims into one venue where a court can equitably divide the assets amongst all the plaintiffs if they win the case. Finally, a class action avoids the situation where different court rulings could create "incompatible standards" of conduct for the defendant to follow. See Fed. R. Civ. P. 23(b ...
Litigation Division - The Litigation Division serves as the State’s law firm and represents the State and its agencies, officials and employees in state and federal courts in complex and significant interest cases in almost every substantive area of the law - protecting the public interest by defending constitutional challenges and class ...
The Uniform Task-Based Management System (UTBMS) is a set of codes designed to standardize categorization and facilitate the analysis of legal work and expenses.UTBMS was produced through a collaborative effort among the American Bar Association Section of Litigation, the American Corporate Counsel Association, and a group of major corporate clients and law firms coordinated and supported by ...