Dallas Company Wins Libel Suit

A Web site built to criticize Orix Capital Markets LLC is now under the company’s control, and the family responsible for the content of the site was found to have libeled Orix in one of the largest of such cases in Texas. A federal jury in Dallas found that...

Office Complex Goes To Lender In Foreclosure Auction

A southwest Fort Worth office complex went to the lender who forced the property into Tuesdays foreclosure auction. GE Real Estate made a $24.9 million bid to purchase the 450,000 square foot Overton Centre on the steps of the Tarrant County Courthouse. The owners of...

Libel Trial Begins In Dallas

Arguments began this morning in Dallas that pit a mortgage loan servicer against a member of a family that owned a property that it foreclosed on. Orix Capital Markets and Wells Fargo Bank filed the suit against Cyrus Rafizadeh and his Web site Predatorix.com. The two...

Foreclosure Postings Up In D/FW

Foreclosure postings at courthouses in Dallas, Tarrant, Collin and Denton counties are up for January sales, according to a report published by Foreclosure Listing Service, Inc. The report states that 4,078 residential postings were filed for January 2009 auctions, up...