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Appraisers forums (Discuss anything appraisal related)

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Abraham takes the stand - El Paso Inc.

Appraisers forums (Discuss anything appraisal related)

El Paso Inc.

Abraham takes the stand
El Paso Inc.
After a rough day of grilling on the witness stand in federal bankruptcy court, William “Billy” Abraham emerged with the best deal he could have hoped for. Seeking roughly $1 million from Abraham as payment for the 2015 Juan Gabriel concert in El Paso ...


Shoppers flock to Lubbock Toys R Us as national brand set to close all stores
... stating sale materials should be labelled as “going out of business.” The documents indicate the “wind-down process” and liquidation will likely move quickly. The brand has said it will honor gift cards for the next 30 days. Online and in-store ...

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Aspen Times

Wyly home changes ownership for $13.4 million in bankruptcy sale
Aspen Times
The widow of the late billioniaire businessman Charles Wyly has sold the couple's Woody Creek ranch home for $13.4 million as part of a bankruptcy case that has been ongoing for more than three years. Caroline "Dee" Wyly originally had listed the 13 ...

Payout in Gilbert title company case likely to be far less than jury's $706 million
Crain's Detroit Business
The case alleged Amrock, a subsidiary of Gilbert's Rock Holdings, hired HouseCanary to use its appraisal software and automated-home valuation models. Amrock sued HouseCanary for breach of contract in 2016 for not delivering on the agreement, but ...

South Florida Business Journal

Receiver files petition to place Bal Harbour hotel in Chapter 11 amid federal grand jury investigation
South Florida Business Journal
Stearns Weaver Miller attorney Eric J. Silver, who represents the receiver in the bankruptcy case, couldn't immediately be reached for comment. Juan C. Martinez, who represents Bal Harbour Quarzo LLC and Arcila in the county court litigation, didn't ...

Jeb Bladine: Evergeen-related stories still swirling
McMinnville News-Register
The massive AIA bankruptcy case, with all its tentacles, launched a long progression of controversies continuing today. The Evergreen museum itself is legally separated from all these stories, but its economic strength is tied to financial stability ...

Art Newspaper

The mirage of riches in museums' vaults
Art Newspaper
O'Hare asserts that this valuation came about through a “triangulation” from the competing appraisals of the Detroit Institute of Arts' collection during bankruptcy proceedings and an anonymous valuation of the holdings at the Berkeley Art Museum. O ...

Bank Regulatory News and Trends - Lexology
This regular publication from DLA Piper focuses on helping banking and financial services clients navigate the ever-changing federal regulatory…

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How the GOP's Dodd-Frank Act overhaul could impact you
Another provision in the bill would potentially hurt homeowners in rural areas, where no home appraisal would be required at all if the loan is below $400,000 in home value. An appraisal can be a crucial component of the lending process, because it ...

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FHA and VA Updates; U.S. Economy Continues to Strengthen ...
Appraisal Buzz (press release) (blog)
Let's end the week with a non-mortgage related note about nature. You Tube has a live webcam a live webcam in the San Francisco Presidio of a Red-Tailed Hawk nest. Not much happens when its dark, but recently an egg was laid! Hawks couldn't care less ...

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