Latest news with #dispute
Associated Press
20 hours ago
- Business
- Associated Press
CoStar Group and Happening Technology End Dispute Amicably
ARLINGTON, Va.--(BUSINESS WIRE)--May 30, 2025-- CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, analytics and 3D digital twin technology in the property markets, announced today that CoStar Group and Happening Technology have concluded their dispute, with all parties withdrawing every claim with prejudice, bringing the matter to a final and amicable close. Guy Wolcott, a serial entrepreneur, founded the successful residential real estate platform Homesnap in 2012, which CoStar Group acquired in 2020 for $250 million. At the time of the acquisition, Homesnap was used regularly by over 300,000 residential agents in the United States. After departing CoStar, Wolcott, Thomas Goff, and Jeff Repanich launched Happening Technology to develop an innovative data pipeline product, with former Homesnap CEO John Mazur later becoming an investor and board member. Similarities between this product and CoStar's internal data pipeline technology prompted CoStar's reasonable concern regarding potential trade secret misappropriation — concerns that have now been fully addressed. Following a thorough review, the parties concluded that neither Happening Technology nor Wolcott, Goff, Repanich, or Mazur misappropriated CoStar's trade secrets or violated any other legal obligation. CoStar Group and Happening Technology are pleased to put this matter behind them and are open to exploring potential opportunities for collaboration in the future. CoStar Group's major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; the leading platform for apartment rentals; and the fastest-growing residential real estate marketplace. CoStar Group's industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible, STR, a global leader in hospitality data and benchmarking, Ten-X, an online platform for commercial real estate auctions and negotiated bids and OnTheMarket, a leading residential property portal in the United Kingdom. CoStar Group's websites attracted over 130 million average monthly unique visitors in the first quarter of 2025, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit View source version on CONTACT: News Media Contact: Matthew Blocher Vice President CoStar Group Corporate Marketing & Communications (202) 346-6775 [email protected] KEYWORD: VIRGINIA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: PROFESSIONAL SERVICES PATENT LAW DATA ANALYTICS RESIDENTIAL BUILDING & REAL ESTATE COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY SOURCE: CoStar Group Copyright Business Wire 2025. PUB: 05/30/2025 05:15 PM/DISC: 05/30/2025 05:15 PM
LBCI
a day ago
- Politics
- LBCI
One killed in armed clash between families in Beirut's Chiyah area
A personal dispute between members of two families escalated into an exchange of gunfire in the Chiyah–Maroun Misk area, resulting in the death of a young man, according to the National News Agency. Lebanese army and security forces quickly deployed to contain the incident and launched an investigation into the circumstances of the clash.
Washington Post
2 days ago
- General
- Washington Post
7 wounded in shooting at a park in Washington state, police say
LAKEWOOD, Wash. — Seven people were shot and wounded at a park near Tacoma, Washington, on Wednesday evening where more than 100 people were gathered when gunfire erupted, police said. Police detectives believe a dispute between two groups escalated to gunshots, Lakewood Police Sgt. Charles Porche said. Investigators don't know how many shooters were involved or whether the victims were targeted, he said. No arrests were made in the immediate aftermath of the shooting.
Irish Times
2 days ago
- Business
- Irish Times
Developer ‘flatly contradict' claims in row about overheating at €6m Ballsbridge penthouse, court hears
A development company at the centre of a dispute with a businesswoman over alleged overheating in her €6m Ballsbridge, Dublin, penthouse apartment 'flatly contradicts' her claims, the High Court heard. Aideen O'Byrne claims that due to a failure to maintain or repair the district heating system the temperatures in her Lansdowne Place apartment – thought to be the most expensive in Ireland at the time she bought it – have reached 'unbearable' highs of 33 degrees. Temperatures in lobby areas have been recorded to reach 29 degrees, she says. Ms O'Byrne was last week given an interim injunction preventing the developer from transferring its beneficial interest in the buildings and common areas to an owners' management company until problems are resolved. READ MORE The case is against the developer, Copper Bridge C 2015 ICAV, and O'Connor Sutton Cronin and Associates Ltd. That interim injunction application was made ex parte, with only the O'Byrne side represented. The case came back before Mr Justice Brian Cregan on Thursday when Hugh O'Keeffe SC, for Copper Bridge, said his client had a full defence to the merits of this case and had experts who 'flatly contradict' Ms Byrne's claims. 'We spent three years trying to address them without any progress', he said. He was seeking an early trial as his side wanted the matter determined as quickly as possible. Mr O'Keeffe said it was also their case in relation to the substance of the injunction preventing a transfer of interests that the transfer had already happened. It was in accordance with required standards upon the making of a statutory declaration of completion of the development under the Multi Unit Development (MUD) Act, the court heard. The legal interest had previously been transferred and the transfer in accordance with MUD takes place upon completion of the statutory declaration, he said. Gavin Mooney SC, for Ms O'Byrne, said it was curious that the statutory declaration took place on April 3 when his side had already been on inquiry into the matter. Mr Mooney said if he now has to seek to change his application to one of setting aside that transfer of beneficial interest 'then so be it'. He also said he was also seeking to join the Lansdowne Place Owners' Management Company (OMC) as a defendant in the proceedings. While the first application was only against the developer, after 'we did not get very far' his side approached the OMC to see if they would assist, he said. 'But it was not forthcoming and the OMC has now targeted us because we seem to have annoyed them,' he said. Siobhán Gaffney, for the OMC, said her clients first wanted to set out on affidavit their position in relation to Mr Mooney's application, but it was their case that the OMC was now 'being dragged into the proceedings' when it was only responsible for the common areas and the issue in relation to overheating was a structural and engineering matter. Deirdre Ní Fhloinn, for the co-defendant, said they supported the developer's request for an early trial. Mr Justice Cregan said that given the overheating also allegedly affected the common areas and that excess heat was alleged to be coming from pipes and fittings, he was satisfied to join the OMC to the case. Ms O'Byrne would have to amend her papers, he said. Mr Mooney asked he be allowed to do so after a forensic engineer's report was completed. The judge, who continued the terms of the interim injunction, gave directions for exchange of papers and adjourned the matter to next month.
BreakingNews.ie
2 days ago
- General
- BreakingNews.ie
Developer's evidence 'flatly contradicts' claims at the centre of penthouse overheating row
A development company at the centre of a dispute with a businesswoman over alleged overheating in her €6 million Ballsbridge, Dublin, penthouse apartment "flatly contradicts" her claims, the High Court heard. Aideen O'Byrne claims that, due to a failure to maintain or repair the district heating system, temperatures in her Lansdowne Place apartment, thought to be the most expensive in Ireland at the time she bought it, have reached "unbearable" highs of 33 degrees. Temperatures in lobby areas have been recorded to reach 29 degrees, she says. Advertisement Ms O'Byrne was last week given an interim injunction preventing the developer from transferring its beneficial interest in the buildings and common areas to an owners management company until problems are resolved. The case is against the developer, Copper Bridge C 2015 ICAV, and O'Connor Sutton Cronin and Associates Ltd. That application was made ex parte, or with only the O' Byrne side represented. The case returned before Mr Justice Brian Cregan on Thursday, when Hugh O'Keeffe SC, for Copper Bridge, said his client has a full defence to the merits of this case and experts who "flatly contradict" the claims of Ms Byrne. "We spent three years trying to address them without any progress," he said. He was seeking an early trial as his side wanted the matter determined as quickly as possible. Advertisement Counsel said it was also their case in relation to the substance of the injunction preventing a transfer of interests that the transfer had already happened in accordance with required standards upon the making of a statutory declaration of completion of the development under the Multi-Unit Development (MUD) Act. The legal interest had previously been transferred, and the transfer in accordance with MUD takes place upon completion of the statutory declaration, he said. Gavin Mooney SC, for Ms O'Byrne, said it was curious that the statutory declaration took place on April 3rd when his side had already been on inquiry into the matter. Counsel said if he now has to seek to change his application to one of setting aside that transfer of beneficial interest, "then so be it". Advertisement Mr Mooney also said he was also seeking to join the Lansdowne Place Owners' Management Company (OMC) as a defendant in the proceedings. While the first application was only against the developer, after "we did not get very far", his side approached the OMC to see if they would assist, he said. "But it was not forthcoming, and the OMC has now targeted us because we seem to have annoyed them," he said. Siobhán Gaffney BL, for the OMC, said her clients first wanted to set out on affidavit their position in relation to Mr Mooney's application, but it was their case that the OMC was now "being dragged into the proceedings" when it is only responsible for the common areas, and the issue in relation to overheating was a structural and engineering matter. Advertisement Ireland Garda denies 22 counts of perverting course of jus... Read More Deirdre NíFhloinn BL, for the co-defendant, said they supported the developer's request for an early trial. Mr Justice Cregan said that given that the overheating also allegedly affects the common areas and that excess heat is alleged to be coming from pipes and fittings, he was satisfied to join the OMC to the case. Ms O'Byrne would have to amend her papers, he said. Mr Mooney asked that he be allowed to do so after a forensic engineer's report is completed shortly. The judge, who continued the terms of the interim injunction, gave directions for exchange of papers and adjourned the matter to late next month.
