Micronesia: Anaks homeowners ask court to dismiss Article 12 lawsuit
THE ANAKS Ocean View Hill Homeowners Association, through attorney Jennifer Dockter, has asked the CNMI Superior Court to dismiss the Article 12 lawsuit of Anaks Investors LLC owned by Allen Perez for failure to state a claim upon which relief can be granted. Anaks Investor has expressed interest in Anaks Ocean View Hill, a condominium-style residential development which consists of 131 residential units plus common areas. On Dec. 9, 2015, Anaks Investors offered $1,973,200 for the property which is owned by the Manuel S and Luise P. Villagomez Family Trust. But citing their lease agreement with the property owner, the homeowners said they have a right of first refusal with respect to any bona fide offer to the trust by any third party. Read the article…………..
New Illinois Ruling Enforces Cause of Action Accrual Provisions and Holds that Express Indemnity Claims In A Construction Contract Are Subject to a 10 Year Statute of Limitations
The Appellate Court for First District of Illinois recently issued a decision with two important holdings for construction lawyers. First,
As previously reported in Legal Morsels in June 2015, (at http://www.kbrlegal.com/appellate-court-ruling-on-claims-of-third-party-purchasers-at-lender-foreclosures-likely-harmful-to-homeowner-associations/) a recent decision of the Fourth District Court of
In many associations, a board adopts a budget, the board sends a summary of the budget to the owners, and