March 28, 2016
Monday’s Adjudication Roundup
- The S. Supreme Court comes out 4-4 on discrimination claims in spousal guarantor suit following the death of Justice Antonin Scalia, affirming the lower court decision.
- The NJ Tax Court held that when valuing a piece of land, environmental contamination caused by a chemical manufacturing facility should be considered.
- American Capital Ltd., a private equity firm, attempts to nix suit by Mission Peak Capital affiliate alleging that it reneged on a $52 million sale of commercial mortgage-backed securities.
- The Securities & Exchange Commission filed suit against two brothers and their real estate investment firm for allegedly taking $2.7 million from investors in a Ponzi scheme.