Master


South Carolina Court of Appeals Rules on Jury Trials and Class Action Waivers in Master Deeds

The South Carolina Court of Appeals has offered insight into its opinion on the issue of whether a developer may contractually create and enforce jury trial and class action waivers in a master deed. The Court’s position is good news for developers and those who represent them. [i] In The Gates at Williams-Brice Condominium Association and Katharine Swinson, individually, and on behalf of all …


Use of Float Income Questioned in New Fidelity Lawsuit

A new proposed class action lawsuit filed in the U.S. District Court for the Northern District of California, San Jose Division, accuses Fidelity of improperly handling “float income” that plaintiffs feel should be considered a plan asset and thus returned to plan accounts. It was just last month that the 1st U.S. Circuit Court of Appeals ruled that float income Fidelity retained in the process …