[njtosd]

[quote=ocrenter]we reviewed this when we did our landscaping. per our HOA rules and regs, property owner has the right to remove branches or roots on their side of property line.[/quote]

Be careful – HOA rules might not trump someone arguing that stae law controls. If the tree is worth a lot, I’d be careful.

[njtosd]

Here’s a good summary (have no idea whether it’s accurate, but it’s at least clear) regarding “California Tree Law:”

http://www.legal-news-california.tozerlaw.com/tree_law_california.html

It seems to suggest that you should be careful about trimming the roots. These sort of things vary a lot from state to state so it’s best to try to find California law if possible.

[njtosd]

Had the same problem and called an exterminator. They said that the swarm would be gone by the next day, and sure enough, they were right. Since they don’t have a hive they aren’t very aggressive – I walked out of my garage right into the swarm and nothing happened.

[njtosd]

[quote=desmond][quote=njtosd][quote=desmond][quote=njtosd] For example, Arena appears to have nothing beyond phase 1 except Lorcaserin (I know, they got good news from the FDA recently) -but they seem to be partnering with Ortho on that one – so Ortho will likely get a big share of potential profits.[/quote]

Eeyore said the same thing.[/quote]

Sorry – I wish I saw it differently. Both my husband and I have spent our working years as patent attorneys for biotech companies (very large to very small). It was exciting in the late 80s and 90s, but there doesn’t seem to be much going on anymore.[/quote]

Arena is up 35% in the last 5 days and 405% ytd, it must take quite a bit to get you excited, for me not much…………….[/quote]

Your original post asked whether people expected a dot com style run up in biotech. My opinion is still – no. Will there be compounds that look promising? Absolutely.
Here’s my question to you: what portion of the proceeds from Lorcaserin will Arena keep? It’s supposed to manufacture for Eisai (sorry, the previous collaboration with Ortho was terminated), a Japanese company that will actually do the selling, and will get a portion of the proceeds (roughly 30-35%). And how will proceeds be calculated? If it was a great deal for Arena I think we’d know more about it . . . .

[njtosd]

delete

[njtosd]

[quote=desmond][quote=njtosd]Can’t imagine another biotech run up. Too expensive to do required clinical trials, too many black box warning requirements, very difficult to get medicare reimbursement. The industry overall is shedding jobs at a huge pace (about 120,000 jobs since 2009). Merck bought Schering a couple years ago and has fired almost all the former Schering employees. Everyone is always hoping for something great to come out of the start ups, but recent blockbusters are few and far between . . . . . Plus, lots of expired patents on big compounds (lipitor etc.) without much new that’s exciting. For example, Arena appears to have nothing beyond phase 1 except Lorcaserin (I know, they got good news from the FDA recently) -but they seem to be partnering with Ortho on that one – so Ortho will likely get a big share of potential profits. Plus there are always considerations such as downstream problems with patents or consumer demand. Haven’t looked at the patent coverage but there are always generics out there looking for a way to invalidate patents on blockbusters (Prozac, etc.). Just a very risky business -[/quote]

Eeyore said the same thing.[/quote]

Sorry – I wish I saw it differently. Both my husband and I have spent our working years as patent attorneys for biotech companies (very large to very small). It was exciting in the late 80s and 90s, but there doesn’t seem to be much going on anymore.

[njtosd]

Can’t imagine another biotech run up. Too expensive to do required clinical trials, too many black box warning requirements, very difficult to get medicare reimbursement. The industry overall is shedding jobs at a huge pace (about 120,000 jobs since 2009). Merck bought Schering a couple years ago and has fired almost all the former Schering employees. Everyone is always hoping for something great to come out of the start ups, but recent blockbusters are few and far between . . . . . Plus, lots of expired patents on big compounds (lipitor etc.) without much new that’s exciting. For example, Arena appears to have nothing beyond phase 1 except Lorcaserin (I know, they got good news from the FDA recently) -but they seem to be partnering with Ortho on that one – so Ortho will likely get a big share of potential profits. Plus there are always considerations such as downstream problems with patents or consumer demand. Haven’t looked at the patent coverage but there are always generics out there looking for a way to invalidate patents on blockbusters (Prozac, etc.). Just a very risky business –

[njtosd]

[quote=spdrun]Both NJ and NY require attorneys. I have less of a problem working with one just before closing (after I satisfy myself of everything) than dealing with a buyer broker for months on end!

Atty fee is actually cheap as compared to a broker commission. Yeah, yeah, seller pays, but everything eventually gets passed to the buyer![/quote]

Don’t know about NY, but NJ doesn’t actually require an attorney. In order to protect themselves, NJ agents always put a requirement for “attorney review” in the offer/acceptance. It’s of very little value. The review is basically a rubber stamp (how much repeat business is an attorney going to get if s/he nixes the deal?) and the attorney’s pay is so low (about $1000 per closing) that all the work gets done by paralegals (who may or may not be qualified). When we were trying to close, the opposing attorney added in the requirement for a “quantitative three part pump test.” After googling that phrase and getting ZERO hits we asked repeatedly for the requirement to be removed or explained and got no reply. Since this meaningless requirement seemed like a built in method of getting out of the contract, we told the buyer no deal which led to them having to get a different lawyer, more $$$ for them, etc.

The bottom line is: only way you get a real attorney review anywhere is for each party to pay by the hour rather than a flat fee – we ended up paying about $5000 but saving ourselves a little over twice that much, so it was worth it.

[njtosd]

Do you know how long the lease is? There are things such as 99 year leases (which functionally outlive the value of the buildings). My understanding is that the WTC complex was arranged that way . . .

[njtosd]

[quote=pbnative] Those schools sucked when I was there, but parents are starting to sing praises now.

[/quote]

I have never met a parent who said that their school district was bad (other than me when I lived in NJ). No matter how objectively bad a district is, the parents there will say that it’s great. I would look for more objective information than the opinions of parents whose kids are in the district.

And I know it is hard to believe, but it will seem like no time before middle school and high school are right in front of you. Your child(ren) will want to stay where their friends are and it won’t be as easy as you think to move (if you decide that’s what you want to do).

The one thing that strikes me about the house is that there is too much going on in the front compared to how plain the back is. Like it’s pretending to be something it’s not.

[njtosd]

Judy Hallberg – ASID (past president of San Diego Chapter). She’s great and doesn’t run up the bill.

E-MAIL: [email protected]

PHONE: 619.287.2723

[njtosd]

In New Jersey our township required us to not only submit a notarized statement that we had installed CO Monitors, but also a copy of the receipt for what they considered to be an appropriate fire extinguisher and a statement that we had installed it near the kitchen. Perhaps it’s a trend . . .

[njtosd]

[quote=sdduuuude]

It would be interesting to see test scores of the parents at these schools …[/quote]

Walterwhite mentioned Freakonomics, above, which also had some interesting information about parental expectations and school performance. In short, children who grew up in homes with a lot of books were found to be better students. Interestingly, though, it didn’t matter whether the children in these book filled homes actually READ the books. The difference was that smart, education minded parents tended to buy more books, and they also tended to pass their smart genes and work habits on to their kids.

So my guess is that the parents at these schools would have test scores similar to their kids – you don’t get apples off of orange trees.

[njtosd]

[quote=sdrealtor] The difference is sites like Trulia and Zillow ( as well as hundreds of others) take our intellectectual property, screw the integrity of that up in a very high percentage of the cases and then try to sell leads generated on them back to us. [/quote]

I always start paying attention when people start throwing around the “intellectual property” term. IP includes only patents (not at issue here), trademarks (probably not at issue here), copyrighted material (doesn’t apply to factual material without more) and trade secrets (since none of this is a secret, we can safely ignore this category). The only possible issue I can think of is that using the sometimes flowery description of the property (which goes beyond bare facts about the house/land) might be copyright infringement, depending on the manner in which the “syndicators” use that information.

What Zillow, Trulia, etc. are doing might be misleading, and inaccuracies might have a tendency to harm the professional reputation of listing agents, brokerages, etc., but I can’t see any real IP issues based on what I’ve read so far. I’d be interested in hearing your view, though, sdrealtor –

[njtosd]

Talk to an attorney – there appear to be pretty significant timing issues for the subcontractor that may help you. Did the subcontractors provide notices to you that they were supplying materials for your project?

[Author]

Posts