April 24, 2024 8:56 pm
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Real estate independent contractor lawsuit settled in California

Real estate

Real estateColdwell Banker will pay out $4.5 million in settlement; question of real estate agent status deferred for another case

By Amber Taufen | inman

A lawsuit that could have had wide-ranging repercussions for the real estate industry has been settled out of court, deferring for another day the question about whether real estate agents should be considered employees or independent contractors.

Bararsani v. Coldwell Banker was settled last Thursday, Jan. 14, when Los Angeles Superior Court Judge William F. Highberger granted final approval to the settlement.

Continued:

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.