STORE

California Supreme Court

Joe Raedle/Getty Images

California Supreme Court Risks Subprime Crisis II

In a blockbuster ruling by the California Supreme Court that could be a disaster for the $8.7 trillion mortgage bond market, defaulted borrowers can now sue to void a “wrongful foreclosure” if the assignment of their note and deed of trust bore any defects.

Newhall Ranch (Reed Saxon / Associated Press)

CA Court Rejects Science in ‘Climate Change’ Ruling

The California Supreme Court stopped a development project at Newhall Ranch, north of Los Angeles, over concerns that it would contribute to climate change–though the court admitted it could not say how.

Bullet-Train-1024x619

California Supreme Court Could Stop Bullet Train

The California Supreme Court threw a giant obstacle on the California bullet train’s track toward fruition this week, ruling that the state agencies cannot escape the state’s environmental laws by claiming federal laws supersede them.