In Chicago, a federal judge has dismissed a request by homebuyers' attorneys to block a settlement related to a significant Kansas City verdict involving homesellers. The lawyers argued that the settlement would be used by brokerages to undermine a separate commission-related lawsuit brought by the homebuyers. The court session took place at 3 pm today.
Real estate brokerages seek final approval of landmark settlements with homebuyers https://t.co/9Ho3EFCGEI by @alexiskweed
A federal judge in Chicago rejected a claim from homeBUYERS' attorneys that the big settlement in favor of homeSELLERS shouldn't go through because brokerages will use it to shut down the BUYERS' commission-related lawsuits. https://t.co/kd0Qpser91
Lawyers for homebuyers will be in a federal courtroom in Chicago at 3 pm today asking a judge to block settlement of the big Kansas City verdict in a case brought by homesellers. Buyers say brokerages may use that settlement to shut down their case. https://t.co/kd0Qpser91