Lender Blames $6.8 Million Loan Loss on Allegedly Botched Appraisal of 500,000 Gallons of Wine

It’s not only real estate appraisals and business valuations that lead to lawsuits alleging professional negligence and violations of practice standards. Personal property appraisers receive their fair share of claims too – often with interesting stories. In this new case, ACF FinCo I LP, which describes itself as an asset-based Read more…

Commercial Appraisal Firm Sues Former Staff Appraiser for Taking Clients, Appraiser Sues Back for Not Being Paid Overtime – the New Normal for Appraiser Employment Litigation

The Real Deal in New York recently published a story about Cushman & Wakefield, the national real estate firm, having three separate class action lawsuits in which commercial appraisers are asserting claims for unpaid overtime and other damages because the firm (or its subsidiaries) allegedly followed a practice of classifying Read more…

Valuation Legal Webinar: “Engagement Agreements for Litigation Assignments”

Postponed, new date will be rescheduled when COVID-19 matters settle down. Another free webinar for California and Washington appraisers is coming from the Christensen Law Firm. This one is “Engagement Agreements for Litigation Assignments, Just for California and Washington Appraisers.” It’s part 2 of my series on creating great engagement agreements. Participants Read more…