On Dec. 18, banking regulators from the Federal Reserve, the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation issued a a stern warning regarding commercial real estate lending in Kansas and nationwide. The agencies indicated they...
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Year: 2015
Zuckerberg dragged into middle of Oculus and ZeniMax suit
On Behalf of Long & Robinson, LLC | Dec 17, 2015 | Business Litigation
Most Kansans have probably not heard about the lawsuit between Oculus, a manufacture of virtual reality glasses, and ZeniMax Media, a gaming company. The lawsuit, filed by ZeniMax in May 2014, alleges that Oculus used the company's intellectual property in violation...
How Missouri law treats deceptive business practices
On Behalf of Long & Robinson, LLC | Dec 10, 2015 | Business Litigation
While legislators in Missouri have chosen not to adopt the Uniform Deceptive Trade Practices Act, they have passed a number of laws designed to protect consumers from misleading, deceptive or otherwise unfair business practices. Missouri residents who have suffered a...
Commercial property market outlook
On Behalf of Long & Robinson, LLC | Dec 4, 2015 | Commercial Real Estate
In late 2015, real estate insiders released predictions that may be of interest to Kansas property owners and investors. One economist said that even though the financial market had undergone noteworthy ups and downs, there would be a better outlook for commercial...
Commercial real estate and today’s market trends
On Behalf of Long & Robinson, LLC | Nov 25, 2015 | Commercial Real Estate
Several trends are shaping the modern commercial real estate industry in Kansas and throughout the country. These trends are changing the way in which people within the industry are doing business, and they have the potential to improve efficiency so individuals can...
Kansas Lottery Commission grants extension on casino project
On Behalf of Long & Robinson, LLC | Nov 19, 2015 | Business Litigation, Construction Defects
A brewing legal battle between the developers of the Kansas Crossing Casino and the Castle Rock Casino has pushed back the proposed opening of Kansas Crossing Casino from July 2016 to October 2016. The state's lottery accepted the developer's request to move the...
Company sued for $300 million fighting back
On Behalf of Long & Robinson, LLC | Nov 13, 2015 | Business Litigation
Kansas residents may be interested in a major breach of contract action currently pending in a California courtroom. In the suit, Santa Clara County alleged that Turner Construction breached its contract to build an expansion for the Santa Clara Valley Medical...
Comparing residential and commercial property investing
On Behalf of Long & Robinson, LLC | Nov 6, 2015 | Commercial Real Estate
Kansas residents often consider putting their money into the real estate market because the returns can be high, but choosing between residential and commercial property investment opportunities can be difficult. Investing in residential real estate such as homes,...
Walmart sues insurance companies over Morgan accident settlement
On Behalf of Long & Robinson, LLC | Oct 28, 2015 | Business Litigation
Kansas residents may recall a June 2014 tractor-trailer accident that left one person dead and the comedian Tracy Morgan seriously injured. The semi involved was owned by Walmart, and the retailer subsequently settled lawsuits brought by the accident victims including...
Differences in commercial and residential real estate
On Behalf of Long & Robinson, LLC | Oct 20, 2015 | Commercial Real Estate, HOA
Kansas residents who want to make the switch from investing in residential real estate to investing in commercial real estate should keep in mind that there are a number of differences between the two. Many real estate investors begin by investing in the residential...
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