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Appellate Courts Weigh In On Both Sides Of The Interstate Land Sales Full Disclosure Act

By Jared Beck

Yesterday, in a closely watched contract rescission lawsuit brought by buyers under the federal Interstate Land Sales Full Disclosure Act (ILSA), the Eleventh Circuit reversed the lower court’s controversial interpretation of the statute and its award of the deposits back to the buyers.   As I noted previously, Pugliese v. Pukka Development, Inc. made waves when [...]

Full post as published by The Magic City Harvard Lawyer on December 10, 2008 (boomark / email).