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By Stephen Nellis / Friday, May 20th, 2011 / Banking & Finance, Top Stories / Comments Off on Trustees seek $148M from Bryan Cave
A large law firm faces allegations that it knew about potentially illegal activities at defunct Paso Robles-based mortgage lender Estate Financial.
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By Stephen Nellis / Friday, May 6th, 2011 / Technology, Top Stories / Comments Off on Software firms trade espionage claims
The two largest property management software firms in the nation are locked in a court battle over alleged corporate espionage.
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By Stephen Nellis / Friday, April 29th, 2011 / Real Estate, Top Stories, Tri-County Economy / Comments Off on Lawsuits question foreclosure system
A Westlake Village attorney is asking a judge to rip up a homeowner’s mortgage and strike down the legal framework the lending industry uses to foreclose on notes that have been sliced, diced and sold so many times that it’s impossible for borrowers to tell who owns them.
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By Stephen Nellis / Monday, December 20th, 2010 / Real Estate / Comments Off on Orfalea sues cousin and development partner
Paul Orfalea, the founder of Kinko’s and a major presence on the South Coast business and philanthropic scenes, is suing his cousin over $27.8 million in allegedly unpaid loans to a development company the two co-founded. Orfalea and cousin Gary Safady founded Beverly Hills-based O&S Holdings in 1992. Its projects in the Tri-Counties include Zodo’s Bowling Read More →
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By Marlize van Romburgh / Monday, December 6th, 2010 / Real Estate / Comments Off on Oxnard hotels snared in $163M lawsuit
The Residence Inn by Marriott and the Courtyard by Marriott in Oxnard are both being foreclosed upon and face lawsuits asking for court appointment of a receiver to step in and take control of the properties
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By Stephen Nellis / Monday, November 8th, 2010 / Top Stories / Comments Off on New suit hits Brooks Institute
A former Brooks Institute of Photography student and his family are suing the school’s parent company and lender Sallie Mae, alleging that after he defaulted his student loans ballooned from $120,445 to more than $227,000 based on hidden terms and fees. The former student, Todd Marek, is suing Sallie Mae and two debt collectors in Read More →
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