Appaloosa bid to join Stuyvesant Town foreclosure suit is denied
Appaloosa Investment LP, the hedge fund run by David Tepper, lost a legal bid to join in a lawsuit to foreclose on Manhattan’s Stuyvesant Town and Peter Cooper Village apartments, New York’s largest residential enclave. US District Judge Alvin Hellerstein in Manhattan said that Appaloosa had no legal…
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Mike Dailly of the Govan Law Centre in Glasgow (aka lawyer of the year 2007) waffles on about how lawyers wont take on legal cases for people trying to stop lenders repossessing their homes. Odd thing is, the guy in the video won his case, but the Legal Aid Board want the money off him instead of chasing the mortgage lender for the money – could that be because the lawyers at the Scottish Legal Aid Board would rather target a member of the public than a Bank or financial institution which should be paying up anyway since they lost the case So whats the solution Mike ? Going to do something about that and see that people get legal representation or what ? How about freeing up the legal services market and seeing to it that people can get someone to represent them in court for less than the cost of an arm and a leg
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