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Dallas Fed's Fisher, Philadelphia Fed leaders to retire in 2015

WASHINGTON — The outspoken president of the Federal Reserve Bank of Philadelphia will step down in March, shortly before the central bank is expected to raise interest rates for the first time since the recession, the regional bank said Monday.

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Ex Rangers manager Washington apologizes for 'breaking wife's trust'

IRVING, Texas (AP) — Former Texas Rangers manager Ron Washington says he is embarrassed for 'breaking his wife's trust.'

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Troubled RadioShack files SEC form, talks with 'major vendor'

RadioShack Corp.’s latest filing with the U.S. Securities and Exchange Commission describes recent discussions that “could be beneficial to the financial restructuring of the company.”

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REIT plans demolition of Fort Worth's Westchester Plaza, mixed-use redevelopment

The developer is seeking a $3.8 million reimbursement from the Southside tax increment finance district.

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Road Show: City leaders prepare campaign to corral votes for $450 million arena

Fort Worth’s biggest backers of a new arena at the Will Rogers Memorial Center are leaving little to the chance of a “no” vote in a citywide election Nov. 4 to decide on new fees that would fund 15 percent of the $450 million project.

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Williams Trew sues Briggs Freeman

 

Williams Trew Sotheby’s International Realty of Fort Worth filed suit against Briggs Freeman Sotheby’s International Realty of Dallas and Robbie Briggs on Sept. 13 saying that Briggs has interfered with Williams Trew’s contract with Sotheby’s International Realty Affiliates LLC.


The lawsuit, filed in 348th Tarrant County State District Court, seeks actual and punitive damages and seeks a permanent injunction barring certain business activity.


“Competition in the marketplace is fine so long as it is conducted lawfully,” said Martha Williams, a founder of Williams Trew in a news release. “We were forced to file this lawsuit due to Briggs Freeman’s refusal to acknowledge Williams Trew’s contractual rights with Sotheby’s International Realty.”


Both firms are a franchisee of Sotheby’s International Realty. Sotheby’s signed a franchise agreement with Briggs Freeman in 2010 and with Williams Trew in 2012.
According to the lawsuit, there is an agreement that limits each firm’s market area with Briggs Freeman primarily limited to Dallas County and certain parts of eastern Tarrant County and Williams Trew to Tarrant County and west.
Officials with Williams Trew or Briggs Freeman could not be reached at press time. - Robert Francis rfrancis@bizpress.net
 

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Arena
What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?