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May 22, 2026
Catch up on this past week's key developments by state from Law360 Real Estate Authority — including a $69 billion merger in the residential sector, a dramatic transformation in Florida's West Palm Beach, and the landmark housing bill creating strange bedfellows in Congress.
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May 22, 2026
Aon Corp. was hit Friday with retirement plan mismanagement claims by a group of current and former participants who say fiduciaries' failure to remove underperforming Vanguard funds as investment options has cost their plan more than $120 million in assets.
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May 22, 2026
A Montana federal judge on Friday seemed slightly reluctant to sanction Connecticut municipalities for moving firefighter turnout gear PFAS claims to his jurisdiction after roughly two years of litigation on the East Coast, suggesting the process of shipping purchaser claims across the nation is typical when complex cases arise.
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May 22, 2026
Banking trade groups are urging a Chicago federal judge to follow a U.S. regulator's lead and confirm that Illinois' forthcoming restrictions on swipe fees are broadly preempted, pressing to capitalize on new federal rules that the state's attorney general says are "too little, too late."
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May 22, 2026
Creating a multibillion-dollar competition between Illinois and Indiana to build the Chicago Bears' new stadium is a strategy that has become increasingly popular among pro franchises that can leverage tax and financial incentives, and even real estate deals.
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May 22, 2026
A group of Illinois car dealerships are not eligible for insurance coverage in connection with a proposed class action alleging their use of an employee fingerprint scanner violated state privacy law, according to an insurer's complaint in Illinois federal court.
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May 22, 2026
State enforcers say they want a federal court to split up Live Nation and Ticketmaster following a New York federal jury verdict that Live Nation had harmed competition by monopolizing ticket sales for large concert venues, even as the concert promotion giant sought to undo the verdict against it or to be granted a new trial.
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May 22, 2026
Nexstar Media Group Inc. told a California federal court it needs to merge with Tegna Inc. to compete more effectively, especially with streaming services owned by the Big Tech giants, as it faces a challenge to the deal from state enforcers and DirecTV.
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May 22, 2026
Seventh Circuit panelists have expressed skepticism that text messages could be considered "telephone calls" under the Telephone Consumer Protection Act's do-not-call provisions.
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May 22, 2026
An Illinois federal judge said Thursday her trust in U.S. Department of Justice attorneys had been "broken" after reviewing unredacted grand jury transcripts in a criminal case against anti-ICE protesters that revealed prosecutorial misconduct, shortly after which Chicago's top federal prosecutor moved to dismiss the charges.
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May 22, 2026
The National Football League's Chicago Bears said the team is no longer looking to build a new stadium in the city of Chicago as they weigh a move to either Arlington Heights, Illinois, or Hammond, Indiana.
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May 22, 2026
A multiple listing service said Friday that Zillow is risking the loss of 40,000 home listings over its effort to exclude nine privately circulated posts, as the company seeks to enforce a ban on private home listings with a temporary injunction and antitrust lawsuit.
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May 22, 2026
A Seventh Circuit judge rebuked a lawyer Friday for naming a "made up" entity, rather than the correct institution, in a workplace sexual harassment lawsuit against the Wisconsin Court System and a former judge, demanding the error be corrected immediately.
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May 22, 2026
In this week's Taxation With Representation, Equity Residential and AvalonBay Communities Inc. combine, investment firms CVC and Groupe Bruxelles Lambert lead a group of investors to buy pharmaceuticals company Recordati SpA, and NextEra Energy and Dominion Energy merge.
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May 21, 2026
An Illinois federal judge Wednesday gave the final green light to a settlement under which Discover Financial Services will pay between $540 million and $1.2 billion to resolve class action allegations it misclassified certain credit card accounts.
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May 21, 2026
Seventh Circuit judges sounded unwilling Thursday to disturb an arbitrator's finding that a Chicago hotel failed to employ union-represented workers during its use as a migrant shelter, suggesting the hotel took issue with interpretations of key words the arbitrator appropriately drew from the underlying collective bargaining agreement.
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May 21, 2026
Virginia's governor vetoed legislation to establish adult-use marijuana sales, keeping the state in cannabis legal limbo; Illinois lawmakers introduced legislation to rein in hemp products, aligning state policy with an upcoming shift in federal law; and Louisiana lawmakers sent a bill to the governor that would allow terminally ill patients to access medical marijuana in healthcare facilities. Here are the major moves in cannabis and psychedelics legislation from the past week.
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May 21, 2026
A sweeping insider trading case involving information stolen from BigLaw firms shows a return to bread-and-butter white collar enforcement for Boston federal prosecutors and provides a morale lift in an office that has seen shifting priorities and staff turnover since the signature "Varsity Blues" takedown in 2019, veteran prosecutors told Law360.
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May 21, 2026
Nexstar urged the Ninth Circuit to narrow a preliminary injunction preventing it from fully integrating with Tegna Inc. that was issued in a challenge to the broadcasters' $6.2 billion merger by state enforcers and satellite provider DirecTV.
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May 21, 2026
The former general counsel for the National Futures Association has jumped to private practice at Skadden Arps Slate Meagher & Flom LLP in Chicago.
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May 21, 2026
The U.S. Department of Energy asked a Massachusetts federal judge to let it look at the finances of an academic organization that successfully challenged a cap on indirect research costs, questioning the source of funding for legal fees in that case and three others.
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May 21, 2026
An Illinois federal judge on Thursday granted preliminary approval to another deal between Agri Stats Inc. and purchasers to resolve their claims that the company's benchmarking reports helped enable a price-fixing conspiracy among major turkey producers.
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May 21, 2026
Equity Residential and AvalonBay Communities Inc. said Thursday they have agreed to a merger that will create a residential property giant with an approximately $52 billion market capitalization and $69 billion enterprise value.
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May 20, 2026
Furniture chain Ikea and snack giant Mondelez are the latest companies to get hit with Illinois lawsuits seeking refunds of tariffs customers say they ultimately paid through inflated product prices before the U.S. Supreme Court ultimately found the tariffs illegal.
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May 20, 2026
A pipeline company voluntarily dismissed its lawsuit against J.B. Hunt in Illinois federal court Wednesday after accusing the shipping giant of planning to build a parking lot over its pipeline's right of way, saying they've reached a settlement.