Lansing State Journal

What Can Homebuyers Learn From a Seller’s Disclosure Statement?

Any responsible buyer wants to know everything about the home they’re buying before signing on the dotted line. After all, this is probably the biggest purchase you will ever make, so due diligence is ...
Law

FTX Investors Object to Disclosure Statement's Alleged Undervaluing of Crypto, Omitting Investigation Into Am Law 100 Firm

Plaintiffs in the FTX Trading Ltd. multidistrict litigation raised several objections to the disclosure statement in Delaware bankruptcy court, including that the reorganization plan allegedly ...
AZ Central

Is a seller's property disclosure still needed when a house is being sold 'as is'?

Question: We told our listing broker that we wanted to sell our house “as is” with no repairs. Our listing broker has now brought us an offer, but this offer requires us to complete a Seller’s ...
JD Supra

SDNY Adopts Guidelines for Combined Hearing on Disclosure Statement Approval and Chapter 11 Plan Confirmation

On May 31, 2024, the chief judge of the U.S. Bankruptcy Court for the Southern District of New York (SDNY) entered General Order M-634, adopting guidelines for combining the processes for Chapter 11 ...
AZ Central

Listing broker won't help with questions about a property disclosure form. Why not?

Question: We recently listed our Mesa home for $1.2 million with a prominent Mesa brokerage firm. Within three days, we accepted an offer for $1.1 million. When we signed the purchase contract ...
The Bond Buyer

Puerto Rico Oversight Board defends PREPA disclosure statement

The Puerto Rico Oversight Board defended its proposed Puerto Rico Electric Power Authority disclosure statement in a filing following bondholder attacks. Earlier this month the Ad Hoc Group of PREPA ...