REFinBlog

Editor: David Reiss
Brooklyn Law School

January 9, 2017

Monday’s Adjudication Roundup

By Jamila Moore

  • Clorox is not happy with an Illinois city. Clorox is suing University Park in Illinois for breach of promise regarding the reimbursement of rents paid. This alleged breach is a difference of 4 million dollars for the company.
  • Washington Mutual Bank was the alleged target of a 10 million dollar mortgage fraud scheme. A New York publisher and mortgage broker is one of four listed as defendants to the alleged crime.
  • Move Inc. sought help from the Ninth Circuit. Move Inc. asked the a panel of judges in the Ninth Circuit to rehear their 130 million dollar mismanagement of their real estate funds case against Citigroup; however, the panel of judges ruled in favor of Citigroup.
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