RALEIGH — The North Carolina Supreme Court has dismissed a lawsuit that was filed to block North Carolina State University’s endowment from selling the Hoffman Forest near Jacksonville. The News & Observer of Raleigh reported the justices acted without a request from either the endowment ...Read More »
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WASHINGTON — The Supreme Court will decide whether homeowners who declare bankruptcy can void a second mortgage if the home’s market value has dropped below the amount they owe on their first mortgage. The justices said Monday they will consider ...Read More »
WASHINGTON — The Supreme Court will decide what a home buyer must do to rescind a mortgage that violates the federal Truth in Lending Act. The justices on Monday agreed to hear an appeal from a Minnesota couple who refinanced their home in ...Read More »
Land use attorneys across the state are hailing a U.S. Supreme Court ruling that greatly reduces the amount of leverage municipalities can wield in granting developers permits. A 5-4 majority in Koontz v. St. Johns River Water Management District held that the U.S. Constitution’s takings clause not only applies to cases in which a project is approved with “extortionate” conditions, but also to those denied when a developer refuses to agree to the coercive demands of the government.
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