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Loan woes flare for four east suburban office buildings

A due date looms for a $40 million loan on the trio of three-story Landerbrook Corporate Circle buildings in Mayfield Heights and the seven-story Metropolitan Plaza structure in Higland Hills owned by the Shelbourne real estate company based in Brooklyn, New York. The lender has assigned the loan to special servicing, where distressed loans go for initial workout efforts.
Highland Hills New York United States Highland Heights Ben Schlossberg Jeremy Steiger

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DiNapoli: New York State Common Retirement Fund Reaches Agreements with Companies on Disclosing Political Spending

Five major U.S. companies have agreed to disclose their political spending under agreements reached with the New York State Common Retirement Fund, New York State Comptroller Thomas P. DiNapoli announced today.
New York United States Thomasp Dinapoli York State Common Retirement Fund Us Supreme Court Citizens United Delta Airlines

Progressive Asks Court To Toss Trucking Co.'s Tort Claims

A Progressive unit asked a Pennsylvania federal court to toss a trucking company's coverage dispute over a canceled policy, arguing that the company cannot demonstrate that it is entitled to any relief on its claims of fraud, failure to warn and promissory estoppel.
United States United Financial Casualty Co Progressive Corp Devin Dalessio Trucking Hope Patti United Financial Casualty
Source: law360.com

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