Supreme Court: Cities can sue banks under fair housing law
Business Law
The Supreme Court has ruled that cities may sue banks for predatory lending practices among minority customers that lead to foreclosures, declines in property taxes and dips in property values.
The justices' 5-3 ruling Monday validates a novel approach by Miami and other cities to try to hold banks accountable under the federal Fair Housing Act for the wave of foreclosures during the housing crisis a decade ago.
But the court still threw out an appellate ruling in Miami's favor and ordered a lower court to re-examine the city's lawsuit against Wells Fargo and Bank of America to be sure that there is a direct connection between the lending practices and the city's losses.
Related listings
-
Court: FAA must reconsider regulating airline seat size
Business Law 08/23/2017An appeals court panel said Friday that federal officials must reconsider their decision not to regulate the size of airline seats as a safety issue.One of the judges called it “the Case of the Incredible Shrinking Airline Seat.”The Flyer...
-
British cybersecurity expert pleads not guilty to US charges
Business Law 08/23/2017A British cybersecurity researcher credited with helping curb a recent worldwide ransomware attack pleaded not guilty Monday to federal charges accusing him of creating malicious software to steal banking information three years ago.Marcus Hutchins e...
-
Nevada pot regulators back in court as supplies dwindle
Business Law 08/23/2017Nevada's marijuana regulators are headed back to court in a turf battle with liquor wholesalers over exclusive rights to distribute pot products to the state's new recreational retailers.Nevada's Taxation Department says the protracted legal fight ha...
Grounds for Divorce in Ohio - Sylkatis Law, LLC
A divorce in Ohio is filed when there is typically “fault” by one of the parties and party not at “fault” seeks to end the marriage. A court in Ohio may grant a divorce for the following reasons:
• Willful absence of the adverse party for one year
• Adultery
• Extreme cruelty
• Fraudulent contract
• Any gross neglect of duty
• Habitual drunkenness
• Imprisonment in a correctional institution at the time of filing the complaint
• Procurement of a divorce outside this state by the other party
Additionally, there are two “no-fault” basis for which a court may grant a divorce:
• When the parties have, without interruption for one year, lived separate and apart without cohabitation
• Incompatibility, unless denied by either party
However, whether or not the the court grants the divorce for “fault” or not, in Ohio the party not at “fault” will not get a bigger slice of the marital property.