Earnest Money Deposits as True Option Premiums? An Examination of Real Estate Down Payments and Forfeiture – From Lawrence v. Miller to Uzan v. 845 UN Limited Partnership

As companies consider taking class actions to trial, a blockbuster decision from the U.S. Supreme Court instructing lower courts not to defer to federal agencies’ interpretations of the statutes Congress charged them with administering may prove useful. Companies should also be aware of a second decision holding agencies’ use of in-house judges to mete out civil penalties to be unconstitutional....