Thursday 26 July 2018

Here’s why more brokerages are taking developers to court

In the midst of an inventory glut, brokerages are taking their grievances to court. Since June, several firms have sued developers — seeking monetary compensation for what they deem were unfair practices or unpaid fees. The cases highlight the somewhat cyclical nature of this type of litigation: When the market gets tough, companies are much more prone to sue. “If pockets were full and markets were good, people might take a more conciliatory approach,” said […]



source https://therealdeal.com/2018/07/26/heres-why-more-brokerages-are-taking-developers-to-court/

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