Bauhouse principal group sues Herrick Feinstein, gets sued by contractor on same day

It's a busy day for the lawyers representing Bauhouse Group, the fallen developer of 3 Sutton Place that lost the property to its lender Gamma Real Estate at a foreclosure auction in 2016. Two separate lawsuits involving Bauhouse and its principals were filed in Manhattan court on Thursday to litigate disputes at 3 Sutton Place and 515 West 29th Street.

Foreclosure News

Financial Litigation Roundup: Key Federal Rulings in 2017

In case you missed it, here is our list of the most significant financial services rulings in 2017 from the Supreme Court of the United States and major federal appellate courts. While there were no decisions of overwhelming significance to the industry, a number of them were impactful, including a major decision on fair lending that makes it far more difficult for cities to pursue large-scale fair housing discrimination claims against lenders.

Foreclosure News