Real Estate Law360 provides breaking news and analysis on high-impact real estate deals and the attorneys involved. Coverage includes transactions involving developers, investors, lenders, contractors, and brokers, as well as related litigation, enforcement, and policy developments.
A pair of Native American tribes and several casinos will be permitted to intervene in a suit over Michigan land that the Sault Ste. Marie Tribe of Chippewa Indians says the government should've taken into trust for the tribe, a Washington, D.C., federal judge has decided.
A Florida court erred when it found that homeowners had waived their attorney-client privilege in a coverage lawsuit against Citizens Property Insurance Corp. and ordered them to turn over potentially privileged information without first reviewing it privately, a state appeals court ruled Wednesday.
Attorneys for residential housing lender WMC told a Delaware bankruptcy judge Wednesday that it intends to incorporate a proposed settlement of the last outstanding claim against it related to subprime mortgages issued ahead of the Great Recession in a Chapter 11 plan.
New Senior Investment Group and its directors proposed a $53 million settlement late Tuesday in Delaware Chancery Court that will resolve a yearslong shareholder derivative suit over a $640 million purchase by the senior housing REIT that investors alleged unfairly favored Fortress Investment Group.
Holliday Fenoglio Fowler said Wednesday that it has landed a $16.9 million loan on behalf of a real estate investment company that will be used to overhaul a 302,400-square-foot single-tenant building in West Sacramento, California.