National Penn Moving to Allentown

National Penn Bancshares Inc. will be building an 11-story, 300,000-square-foot corporate headquarters in Allentown and a 48,000-square-foot business center outside of Reading as part of a corporate relocation plan it announced this morning. Artist’s rendering...

Non Recourse may not mean Non Recourse

WSJ BY ELIOT BROWN A legal fight in Michigan could have repercussions throughout the commercial real-estate sector, potentially giving many debtholders across the U.S. new grounds to recover money from landlords who lost their properties to foreclosure. Typically, the...

SUPREME COURT DEFENDS PROPERTY RIGHTS

In a rare unanimous decision last Wednesday, [Sackett vs. United States Environmental Protection Agency] the United States Supreme Court issued a strong reprimand to the Environmental Protection Agency (“EPA”) and the agency’s legal position that certain of its...