(954) 548-3357

Call Us For Free Consultation

Facebook

LinkedIn

Twitter

 

News and Events

Margarita War – Pi V The Pointe

Margaritaville’s Bahamian franchisee is urging the US courts to block the brand’s $250m operating partner deal with The Pointe and prevent it suffering “irreparable injury”. Boss Investments, owner of the Margaritaville-flagged restaurant on Paradise Island, pictured, is alleging that the tie-up with the downtown Nassau resort development violates its own exclusive right to use the brand’s trademarks and intellectual property within Bahamian territory. The company’s lawsuit, filed in the south Florida federal court on Friday, also claims that Margaritaville executives deterred it from opening a second restaurant location near Nassau’s cruise port to protect their “grander plans” at The Pointe. Accusing Margaritaville, the...

Continue reading

FORECLOSURES FALL, BUT RISE IN DELINQUENCY CAUSES CONCERN

The foreclosure crisis finally began to improve in the second quarter, but with the continued weakness in the economy and the recent deterioration of the housing market the gains may prove fleeting, data released Thursday indicated. For the first time since 2006 the number of loans in the process of foreclosure fell, the Mortgage Bankers Association said.  The New York Times (Link to full article)  ...

Continue reading

TOYOTA RECALLS 1.1 MILLION CARS FOR ENGINE PROBLEM

Toyota Motor, the Japanese automaker, said Thursday that it would recall 1.13 million compact cars, days after federal safety regulators upgraded an investigation into numerous complaints about the cars stalling.  The recall, which covers the 2005 through 2008 Corolla sedan and Matrix hatchback, is the 15th this year for Toyota, which has found itself battling widespread questions about the quality and reliability of its vehicles. Toyota has recalled about 11 million vehicles worldwide since November, including about eight million in connection with complaints about sudden acceleration. The New York Times (Link to full article)  ...

Continue reading

BP CLASS ACTION LAWSUIT FILED OVER RELEASE OF BENZENE, OTHER CHEMICALS

a

A $10 billion toxic tort class action lawsuit has been filed against BP over alleged emissions from its troubled Texas City oil refinery, alleging that workers and residents in the area were exposed to benzene and other chemicals. More than 2,200 workers at the refinery and residents from the surrounding area filed the BP class action lawsuit on August 3 in the Galveston Division of the Southern District of Texas. The complaint alleges that for 40 days earlier this year, the company illegally released the chemical benzene into the atmosphere. The benzene lawsuit comes just as BP, formerly known as British Petroleum, was finally able to...

Continue reading

UNDERWATER BORROWERS GET A LIFELINE ON SEPTEMBER 7

underwater

Is your home underwater? Do you owe the bank more than it's worth? If so, you may finally be able to get a fixed-rate Federal Housing Administration loan with principal reduction. Available to qualified homeowners on Sept. 7, these new FHA loans require banks to write down at least 10 percent of the unpaid balance of the first mortgage. The program ends Dec. 21, 2012. With as many as 20 million homeowners going underwater by 2011, there could be a lot of interest in this new program. "We're throwing a life line out to those families who are current on their mortgage...

Continue reading