A video of Gerace's actions was a brief glimpse of humanity during the three-hour hostage situation: The ladder buckles and sways as he nears the bottom. The gunman could have been anywhere, but Gerace stays and steadies the ladder for at least two women who came after him. … [Read more...] about He escapes the Trader Joe’s shooting, then stays to help others survive
2011 has been often referred to as the “Year of the REIT” – but 2012 looks to be even more REIT-tastic than 2012. REIT capital raised only halfway through 2012 totaled more than 65% of the capital raised in all of 2011; and when one looks at just healthcare REITs, that percentage jumps significantly to 80%. What's the healthcare REIT secret? “Looking at a wide variety of metrics, healthcare REITs are the top income-producing property type and produced current average dividend yields of 4.6%. By comparison, industrial REITs produced a 3.5% yield, while office and apartment REITs produced yields of 3.3% and 2.8%, respectively.” It's easier to get investor money when recent history reflects that you are going to give them better returns. In other words, “People invest in the REITs because of the returns they produce.” … [Read more...] about 2012: “The Real Year of the (Healthcare) REIT”?
One advocate for summary jury trials, especially in megacases, is Dallas trial lawyer Byron Wilder, who opposed Houston lawyer Harrison in a 2002 case. Harrison’s client, TeraForce Technologies, won a $9.45 million settlement after a summary jury returned a $21.5 million verdict in the case against Cadence Design Systems Inc. The higher verdict gave TeraForce leverage to recoup most of the $10 million in actual damages it was seeking. … [Read more...] about Summary Time Blues
In addition to the manslaughter charges faced by Bruce Leonard, 65, and Deborah Leonard, 59, four other members of the Word of Life Christian Church in New Hartford were charged with felony assault. Lucas Leonard died the day after the attack and his younger brother, Christopher, 17, was hospitalized in serious condition, according to CNN. … [Read more...] about Parents, 4 others charged in fatal beating of teen at church
They were among the dozens of terrified workers and customers caught up in the rampage by a man accused of shooting his grandmother and girlfriend in South Los Angeles before leading police on a car chase and getting into a gunbattle with police that ended in a hostage crisis at the Trader Joe's. … [Read more...] about Barricaded Suspect at LA Trader Joe’s Taken Into Custody