Topic
Escrow
37 published works
The Pre-Flight Brief
23 Families Seek to Join Lawsuit Over Missing Surrogacy Money in SEAM Case
By Shackelford
23 Families Seek to Join Lawsuit Over Missing Surrogacy Money in SEAM Case Plaintiffs from across the country, around the world, seek millions; investigation shows money paid for $6.2M music…
Tax Blog
Beyond Closing: The Power of a Gap Indemnity
By Erin Johnson
In a typical real estate transaction, there’s often a critical period between the closing and the official recording of documents—a period aptly known as the “gap.” This “gap” introduces a…
Talkov Law Blog
Should I Use an Escrow for my Co-owner Buyout?
By Scott Talkov
Utilizing an escrow may prove to be a cost-effective way to complete a co-owner buyout as the resolution to a co-ownership dispute. The role of using an escrow company during…
Consumer Financial Services Law Monitor
Maryland Federal Court Denies Mortgage Servicer’s Motion to Dismiss Borrowers’ RESPA Claim
By Alec Hayes, Mary C. Zinsner, Elizabeth Briones
The United States District Court for the District of Maryland recently denied a mortgage servicer's motion to dismiss a putative class action claim pursuant to the Real Estate Settlement Procedures…
Motiva Business Law
Escrow Holdbacks in M&A
An escrow holdback agreement is one of the methods a buyer can use to protect himself after a business transaction. In M&A, when making a business purchase, whether it’s…
Regulatory Oversight
Oregon Bill Proposes to Replace Escrow Deposit System With “Equity Assessment” for Certain Tobacco Product Manufacturers
By Bryan Haynes, Paige Fitzgerald, Nick Ramos
The Oregon Legislature's 2023 regular session kicked off with a bang for the tobacco industry when House Bill 2128 (HB2128) was introduced at the request of Attorney General Ellen Rosenblum…
A Lawyer's Blog
HOME CONTRACTS, DOWN PAYMENTS IN ESCROW AND INDEMNIFICATION
Another dispute over a down payment.Licht v. Rosenberg, Date filed: 2022-03-11, Court: Supreme Court, New York, Judge: Justice Louis Nock, Case Number: 000624-20/HE:"DECISION + ORDER ON MOTION Upon the foregoing…
Construction Payment Blog
Oregon Construction Projects Over $500k Must Hold Retainage In Escrow Account
Early this year, Oregon bill HB 2415 went into effect, changing some of the retainage requirements under Oregon’s prompt payment laws. Oregon law now requires the hiring party to hold…
Legal Profession Blog
No Venality, No Suspension
The New York Appellate Division for the Fourth Judicial Department has censured an attorney whose failure to supervise a non-attorney employee led to thefts from his escrow accountWe note that…
Corporate and Securities Law
Court Reviews Validity of Escrow Claims