In the Lerner case, 648 Ariz. Adv. Rep 35 (CA 1, 11/27/12) the Arizona Court of Appeals continued to uphold the stigmatized property statute. The statute gives non  disclosure bogie’s. It limits the things that MUST be disclosed and cuts off liability for other non disclosures that common sense would suggest need be disclosed. ie. someone died there or sex offender down the block. I seldom read the statute when broker calls me. I just tell them if you think (the issue at hand) would matter to you and your family, then disclose it!

If you need help buying or selling real estate or seeing if the law in Arizona supports your claims, give me a call at 602-319-6899. The firm has been actively representing litigants for over 27 years. We are located in Scottsdale, Arizona at 8170 North 86th Place, Suite 208. 85258 or can be reached with questions at bmiller@williamamillerpllc.com.

We also handle, Breach of contract, Non-compete agreements, Non-disclosure agreements, Employee theft and embezzlement, Insurance purchases and enforcement of policy coverage, Negotiation and/or enforcement of commercial leases, Negligence and gross negligence resulting in losses, Intentional acts causing a company to suffer damages, Tortious interference with contractual relationships, Unjust enrichment, Real Estate fraud, Consumer fraud, Conversion/Theft, Intentional and/or negligent misrepresentation, Business torts and Real estate title & escrow.

Just weeks before a scheduled trial, Credit Suisse has reached a $400 million settlement in litigation over the demise of National Century Financial Enterprises. The settlement resolves claims that bondholders were defrauded to the tune of $2 billion when National Century collapsed amid a health-care financing scandal in 2002 — and reportedly brings the bondholders’ total recovery in the case to $1 billion. That is about one half of the loss. 11 years ago, I was the first lawyer to file suit against the perpetrators, including Credit Suisse, in this Ponzi scheme. For a lawyer, being involved in this was like reaching the Super Bowl. We litigated this in Florida, Arizona, Washington DC, New York, Ohio and California. The bad guys went to jail, the lawyers made a bunch of money, the investors got back most of their money and I proved a solo practitioner can fight the big guys. We will be posting key pleadings on this web site soon. This part of the case was covered by Bloomberg.

http://www.bloomberg.com/news/2013-03-14/credit-suisse-to-take-chf134-million-charge-on-ncfe-settlement.html

Call us at 602-319-6899 for further questions.

William A. Miller, Esq. Attorney at Law. 8160 North 86^th Place, suite 208 Scottsdale Arizona 85253.

We also handle, Breach of contract, Non-compete agreements, Non-disclosure agreements, Employee theft and embezzlement, Insurance purchases and enforcement of policy coverage, Negotiation and/or enforcement of commercial leases, Negligence and gross negligence resulting in losses, Intentional acts causing a company to suffer damages, Tortious interference with contractual relationships, Unjust enrichment, Real Estate fraud, Consumer fraud, Conversion/Theft, Intentional and/or negligent misrepresentation, Business torts and Real estate title & escrow.

Back in 2002, when I broke the NCFE billion dollar bond fraud case, I sued Moody’s, Fitch and Standard & Poor’s. Portions of the case have been reported in National Law Books, See Parrett v. Bank One, N.A. (In re Nat’l Century Fin. Enters. Inv. Litig.), 323 F.Supp.2d 861, 878 (S.D. Oh. 2004). My fellow lawyers were suspicious of…

In M&I Marshall & Ilsley Bank v. Mueller, 1 CA-CV 10-0804, the Arizona Court of Appeals said that Arizona’s anti-deficiency statute applies to those who buy land with the intent to occupy the property upon completing building a home even if they do not complete construction and actually occupy the property.  In Mueller, the family bought…

When your lender reduces and “forgives” debt, it used to send a Form 1099 for the amount of reduced or forgiven debt. This amount needed to be included as income on your tax return. It is often called phantom income. But, because of new law, there’s a big exception when it comes to mortgage debt…