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Business and Commercial Law

Urban Thier Federer > Blog  > Business and Commercial Law

Bahama Bay II Condominium/Resort – Update

Bahama Bay II Condominium/Resort – Update See also: Bahama Bay II Condominium/ Resort – Foreclosure Update Bahama Bay II Condominium/Resort – Maesbury Homes Inc. Urban Thier & Federer, P.A., currently represents a number of purchasers and is actively filing lawsuits against Maesbury Homes, Inc., in the Bahama Bay II development (Bahama Bay II, a Condominium, also known as Bahama Bay Resort) and has already fully concluded a number of cases. More specifically, the firm is representing purchasers who have entered into an Agreement for Sale with Maesbury Homes, Inc., for the purchase of a condominium unit in the Bahama Bay II development. ...

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Bahama Bay II Condominium/Resort – Third Update

Bahama Bay II Condominium/Resort – Third Update Urban Thier & Federer, P.A. has secured settlements and judgments against Maesbury Homes, Inc., on behalf of numerous client purchasers in the Bahama Bay II development (Bahama Bay, a Condominium, a/k/a Bahama Bay Resort). The firm represents purchasers who signed an Agreement for Sale/contract with Maesbury Homes, Inc., for the purchase of a condominium unit in the Bahama Bay II development and who have not yet taken ownership of their contracted unit(s). ...

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Lake Austin Properties I, Ltd. Update – Status of Buyers’ Deposits

Lake Austin Properties I, Ltd. – Update Status of Buyers’ Deposits Urban Thier & Federer, P.A., now represents over 400 units (of which 317 have been fully concluded) of the 1,588 units that make up the Grande Palisades (890 total units, with 304 in C1 and 293 each in C2 and C3), Avalon Resort (349 planned units) and Magnolia Woods (349 planned units) phases of the Lake Austin Reserve development. Each of Urban Thier & Federer, P.A.’s purchaser clients in the Lake Austin Reserve development signed an Agreement for Sale (in Grande Palisades purchasers also signed a second Agreement for Sale...

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Lake Austin Properties I, Ltd., Second Update

Lake Austin Properties I, Ltd., Second Update The Affinity Partnership, Ltd. and Related Entities Lake Austin Reserve purchasers (in Grande Palisades, Avalon and Magnolia Woods) have been receiving emails from The Affinity Partnership Ltd., which appears to be an entity which is working for or with Lake Austin Properties I, Ltd. According to the emails, Lake Austin Properties I, Ltd., is seeking to transfer its contract/Agreement for Sale rights to a new entity named Leighton Hall Properties, LLC. The email also claims that Lake Austin Properties I, Ltd., is willing to return 2/3 (66.66 percent) of Grande Palisades purchaser’s remaining escrow...

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Lake Austin Properties I, Ltd. – Third Update

Lake Austin Properties I, Ltd. – Third Update Fuel USA/Fuel Wealth Management and Affiliated Attorneys and Solicitors Lake Austin Reserve purchasers (in Grande Palisades, Avalon and Magnolia Woods) continue to receive emails from Fuel USA/Fuel Wealth Management Limited seeking to solicit clients for US solicitors and/or UK solicitors. As most Lake Austin Reserve purchasers are aware, Fuel USA worked directly with IAP/IAP Global and Lake Austin Properties I, Ltd., in an effort to profit from the mortgage business associated with the Lake Austin Reserve development. It appears that the Jim Moore related Inside Track entity, which is now in liquidation/bankruptcy, was...

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Lake Austin Properties I, Ltd. – Fourth Update

Lake Austin Properties I, Ltd. – Fourth Update The Future of the Grande Palisades and the Oversupply of Disney Area Condominium Hotels (Condo-Hotels) On November 10, 2010 and April 25, 2011 Lake Austin Properties I, Ltd. announced that OSM and the investment groups Merchant Equity and SCS have agreed to a loan which will bring the Lake Austin Reserve out of foreclosure and allow it to be completed. This is positive news for Paul Oxley and those who stand to profit, or at least salvage their own economic interests, as a result of the completion of the Grande Palisades. However, it...

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Florida Corporate Entities

Florida Corporate Entities Florida offers many types of business entities that can limit the liability of its principals. The three main types of business entities are partnerships, corporations and limited liability companies. A General Partnership is an unincorporated business owned by two or more persons who share assets and liabilities. In order to limit liability, owners may choose to enter into a limited liability partnership, a limited partnership, or a limited liability limited partnership. ...

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Buying Real Estate in the United States, Part II: Closings

Buying Real Estate in the United States, Part II: Closings Part II: Closings on residential properties Once a potential buyer located a property in the US which he/she wishes to buy, the next step is to enter into a contract. If the purchase is for example to take place in the state of Florida, the Florida Bar and Florida Board of Realtors have prepared a standard form contract for residential property which is widely used and which contains clauses which are generally considered more balanced than other sample forms of contracts. ...

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Products Liability in the US – Vehicles

HELPING GERMAN VEHICLE MANUFACTURERS NAVIGATE THROUGH UNITED STATES PRODUCT LIABILITY LAW Germany exports many different types of cars and other vehicles to the United States every year. German manufacturers in general take special care to know both the industry standards and the governmental standards in order to comply with them. Unfortunately, sometimes this is not easily achieved or defects manifest themselves in the vehicle and then the manufacturer could face a products liability claim in the US. At a time like this the German manufacturer may need a law firm in the United States that is knowledgeable and experienced...

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Aviation Products Liability and Drones

Aviation Products Liability and Drones Aircraft and spacecraft is a multi-billion dollar industry in Germany. With the increased use of drones across the globe this industry is expanding very quickly to include drone production and new laws to comply with regarding their use. The German Aviation Act has been amended and now classifies drones as aircraft....

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The impact of United States Product Liability Law on German parts and equipment

The impact of United States Product Liability Law on German parts and equipment Germany exports many different types of parts and equipment to the United States totaling over $24 billion dollars per year, according to www.worldsrichestcountries.com. When such products contain defects, the manufacturer, distributor and even the retailer could face a products liability claim. Once a claim is made, it is important for the manufacturer to retain counsel and to assert certain defenses to protect itself from liability and damages. A manufacturer should retain experienced counsel to help defend it properly. ...

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Corporate Law: A Fresh Look at German and American Company Law

Corporate Law: A Fresh Look at US and German Company Law What US and German Companies should understand about Business Law Corporate law is also called company law or corporations law. An Overview of the Laws and Regulations that Define Corporate Structures Domestically and Abroad Corporate law can be defined as the sector of the legal realm that deals with the formation and operations of corporations. Another corporate law definition defines it as the study of how stakeholders interact with one another. Stakeholders can be shareholders, directors, employees, creditors, consumers, the community, and the environment. ...

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