April 23, 2012
Alabama real estate investor to serve time for bid-rigging
Lawrence B. Stacy, an Alabama real estate investor has agreed to plead guilty to his role in a bid-rigging conspiracy at public real estate foreclosure auctions in southern Alabama, from...
April 01, 2012
Revised Commerzbank restructuring plan approved because Eurohypo cannot be divested
The European Commission has approved a modification to Commerzbank’s restructuring plan. The original plan was approved by the Commission in 2009. It called for the divestment of Eurohypo, Commerzbank’s largest...
March 26, 2012
CCI sees influx of real estate complaints following DLF penalty
The Business Standard reports that there has been a recent influx of complaints lodged against real estate players at the Competition Commission of India. Complainants are encouraged by the DLF...
March 08, 2012
NMa tells Funda.nl to end preferential treatment of NVM members...
The NMa has told housing website Funda.nl to treat all real estate agents equally. Funda.nl had been giving priority to members of NVM, a Dutch real estate association, by placing...
February 26, 2012
Tenth real estate investor pleads guilty to bid-rigging at CA...
Wiley C. Chandler, a real estate investor, has pleaded guilty in U.S. District Court in Sacramento for his role in rigging bids at public real estate foreclosure auctions in San...
February 18, 2012
CCI investigating real estate developer cases similar to DLF, says...
A.K. Chauhan, the Director-General of the Competition Commission of India, has informed reporters that the competition watchdog is scrutinizing cases against real estate developers alleging abuse of a dominant position....
February 13, 2012
Competition Tribunal to review Sycom-Grapnel deal
On Wednesday, the South African Competition Tribunal will consider Sycom’s acquisition of some of Grapnel’s office and retail properties. Sycom is a close-end property unit trust; Grapnel is a property...
February 09, 2012
Three more real estate investors plead guilty to bid-rigging at...
Three more real estate investors have pleaded guilty for bid-rigging at real estate foreclosure auctions in Northern California. The three investors–Barry Heisner, Dominic Leung, and Hilton Wong–entered into conspiracies from...
February 09, 2012
Minnesota Bank & Trust Announces New Mortgage Group
Minnesota Bank & Trust announces a new mortgage group that will provide a full suite of standard and niche residential mortgage products and services. Minnesota Bank & Trust Mortgage is...
