News

Construction

[08/15] Cyrela Announces 56% of the Sales Speed of 2Q08 Launches and 60% Growth in 1H08 EBITDA
[08/14] Small Lot Development Represents New Model of Homeownership in South Los Angeles
[08/14] Case Handyman and Remodeling of Charlotte Listed as One of the Largest Area Residential Remodelers

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Corporate Finance

[08/15] Merrill facing NY lawsuit over securities sale
[08/15] Republic again rejects Waste Management buyout bid
[08/15] J.C. Penney's 2Q profits fall 36 percent

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Real Estate

[08/15] General Shopping Brasil Posts 74.3% Increase in Gross Revenue in 2Q08 and 67.6% in 1H08. Adjusted EBITDA Rises 96.0% in 2Q08
[08/15] Cyrela Announces 56% of the Sales Speed of 2Q08 Launches and 60% Growth in 1H08 EBITDA
[08/15] Trump to buy McMahon's home, let him live there

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Case Summaries

Probate Trusts

[08/13] Estate of Thottam
In a mediation matter relating to distribution of assets to the three children of the deceased, judgment is reversed where: 1) there is nothing in Evidence Code section 1123(c) requiring that an express agreement in writing permitting disclosure be contained in a settlement agreement; 2) the court erred in reading a timing requirement into section 1123(c); 3) the mediation and facilitation confidentiality agreement satisfied the exception to mediation confidentiality under section 1123(c); and 4) there was sufficient evidence before the court to establish the preliminary fact that a chart created at the mediation was a settlement agreement for purposes of section 1123(c).

[08/01] Estate of Molino
In probate proceedings involving appellant's claims that he had valid assignments entitling him to a percentage of respondents' inheritance, summary judgment against appellant is affirmed where: 1) the 1997 agreements were not enforceable as they were void as against public policy; and 2) appellant could not rely on ratification or laches to enforce the agreements.

[07/16] Perrin v. Lee
In a probate proceeding, denial of plaintiffs' section 21320 safe harbor petition for a determination that their proposed petition to invalidate two trust amendments would not be a contest within the meaning of a no contest clause in a trust is reversed where: 1) the trust did not explicitly state that a contest to an amendment would violate the no contest clause; and 2) the no contest clause was not incorporated by reference into the amendments.

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