Tag

legal fees

The Mendota Heights Condo with 7,400(!) Square Feet: Sum of Parts > Whole?

Sub(Divide) and Conquer If it could be done easily and profitably . . . somebody already would have done it.” –Ross Kaplan’s 2nd Law of Real Estate Development. [Note to Readers: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced. If you...
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“Houston, We Have a (Closing) Problem”: a Saga of an Encroachment, a Blown Closing, and — Eventually — a Happy Ending

When One Word (“PROPOSED House”) Looms Large Test your knowledge of encroachment issues, and see if you can detect a problem in the photo above. Give up? The northeast corner of the home on the pie-shaped lot clearly encroaches on the lot immediately to the east. Make that, the lot underneath the Minnetonka home my...
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Stealing FROM Goldman Sachs vs. Stealing FOR Goldman Sachs

“Long-Term Greedy”* . . . Minus the “Long-Term” “Our employees shouldn’t expect the firm to pay for their defense when they steal from us.” –Goldman Sachs spokesman, explaining the company’s refusal to pay the legal fees of software programmer (and former Goldman Sachs Vice President) Sergey Aleynikov; “At Goldman Sachs, Even the Legal Fees are Different”;...
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