Court blocks Florida law barring Chinese citizens from owning property

News Snapshot:

A U.S. appeals court has blocked Florida from enforcing a ban on Chinese citizens owning homes or land in the state against two Chinese nationals who were in the process of buying property when the law was adopted. A panel of the Atlanta-based 11th U.S. Circuit Court of Appeals said on Thursday the individuals were likely to prevail on claims that Florida’s ban violates a federal law governing real estate purchases by foreign nationals. A Florida federal judge in August had declined to block the law, prompting an appeal by the plaintiffs. The 11th Circuit blocked enforcement of the law...