Real Estate Company St. Joe Makes New Shareholders’ Rts Plan

On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Wednesday, February 16, 2011. The publicly-traded real estate company St. Joe said earlier this week that it is going to enact a new shareholders’ rights plan to put off potential takeover plots by Fairholme Capital Management. Fairholme currently owns thirty percent of St. Joe....

California Based KB Home May Have to Pay $180 Million in Joint Venture Case

On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Sunday, February 6, 2011. Last week KB Home, based in Los Angeles, said the company could potentially be forced to pay $180 million plus attorney fees in a bankruptcy case involving a joint venture project. The joint venture, South Edge LLC, was behind...