New Haven Legal Blog

JP Morgan Close to $13 Billion Mortgage Settlement

27
October
2013

The federal government and one of the biggest names in banking are close to reaching a settlement in mortgage-securities litigation. JPMorgan has tentatively agreed to pay approximately $13 billion to settle civil cases pending with the Federal Housing Finance Agency, the Justice Department and the New York Attorney General. Lawyers for the banking giant and […]

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Hotel Accused of Price Gouging After Superstorm Sandy

20
October
2013

William McGarry the former manager of the Bridgeport Holiday Inn alleges in a lawsuit that his former employer fired him after he refused to raise rates on the hotel’s rooms and impose minimum stays as well after last year’s Superstorm Sandy. Hurricane Sandy was the deadliest and most destructive hurricane of the 2012 Atlantic hurricane […]

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Foreclosures Recede as Housing Rebounds

13
October
2013

Is the housing market back to normal yet? According to experts in the field the answer to that question is, “No, we are getting close, but aren’t there yet.” Although the number of foreclosed homes across the nation continues to fall, the number still remains higher than normal. In a normal housing market, there is […]

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Land Deal Questioned by Hartford Residents

06
October
2013

How could a $500,000 property in Hartford, a city facing a $70 million deficit, be sold for $1.00? This is a question many Hartford residents are asking themselves. SAMA, the Spanish American Merchant’s Association, has a mission to help stimulate and create business in Hartford, the capital city of Connecticut. However, after a recent deal […]

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