Commercial

  • June 11, 2026

    3 Firms Guide AI Power Provider ZincFive's $752M SPAC Deal

    ZincFive, a company providing nickel-zinc batteries for data center and artificial intelligence markets, said Thursday it will go public using a special purpose acquisition company merger valuing the enterprise at $752 million, advised by Cooley LLP, Wilson Sonsini Goodrich & Rosati PC and Latham & Watkins LLP.

  • June 10, 2026

    Calif., Santa Clara County Sue To Halt Proposed ICE Facility

    Santa Clara County and the state of California sued the Trump administration in federal court Wednesday to stop it from building and operating an 18,700-square-foot short-term ICE detention holding facility on remote property that's been restricted to agricultural-related use for generations and is home to threatened and endangered species.

  • June 10, 2026

    Calif. Man Accused Of Faking Title Policies In $100M Fraud

    A California man was arrested Wednesday and accused of defrauding a bank of nearly $100 million by manipulating title policies to falsely indicate who held the first-lien position on certain loans and to make collateral pledged to the bank appear more valuable than it actually was.

  • June 10, 2026

    Abbott Wants Ratepayer Protections From Data Center Costs

    Texas Gov. Greg Abbott told the Public Utility Commission of Texas and the Electric Reliability Council of Texas on Wednesday to do what they can to shield the state's ratepayers from the costs of data center expansion projects.

  • June 10, 2026

    Fla. Panel Says Policy Breach Verdict Didn't Bar Bad Faith Suit

    A Florida appellate panel on Wednesday revived a restaurant owner's claims that its insurer acted in bad faith in not resolving a claim over losses from a roof collapse before the contract dispute went to trial, finding the extra-contractual damages the company sought had not yet been litigated.

  • June 10, 2026

    SpaceX Rocket Base Ruining Wildlife Habitat, Green Groups Say

    Environmental advocacy organizations told a D.C. federal district court Wednesday that Space Exploration Technologies Corp.'s use of formerly protected land near the Texas coast would endanger vulnerable wildlife, saying SpaceX's occasional rocket explosions spew debris directly into protected habitat.

  • June 10, 2026

    NY Bar Assoc. Building Gets OK For July Ch. 11 Confirmation

    The 2-year-old bankruptcy case of the historic former New York County Lawyers Association Building in lower Manhattan can move toward a July 7 final confirmation hearing, a federal bankruptcy judge has ruled.

  • June 10, 2026

    Snell & Wilmer Adds Ex-Banker To Seattle Finance Team

    A former commercial banker has joined Snell & Wilmer LLP as a partner in the firm's commercial finance practice group, where she will focus on real estate-secured financing and loan workouts.

  • June 10, 2026

    Florida Appeals Court Revives Asset Probe Of Law Firm

    A Florida appeals court said Wednesday that real estate investment firm Sasha Investments LLC should not have been blocked from seeking discovery from a law firm to collect on a $2.1 million default judgment.

  • June 10, 2026

    Law Firms Fuel Demand For Prime Office Space, Report Says

    Law firm office leasing has started 2026 strong, with firms expanding their footprints and accelerating investments in artificial intelligence as other industries continue to reassess their workplace needs, according to a new report from commercial real estate brokerage Cushman & Wakefield.

  • June 10, 2026

    Perkins Coie Atty Talks Tax Law 'Tension' In Data Center REITs

    A real estate investment trust can be an attractive business model for data centers, but complying with federal REIT rules is tricky for properties with digital infrastructure, given their unique needs, according to a Perkins Coie LLP partner.

  • June 10, 2026

    Gibson Dunn Leads Data Center Power Provider's $600M IPO

    Houston, Texas-based ERock, which supplies natural gas power systems to data centers, began trading Wednesday after raising $600 million at the midpoint of its range with Gibson Dunn & Crutcher LLP and Davis Polk & Wardwell LLP advising.

  • June 10, 2026

    3 Firms Advise ESRT's $275M Manhattan Office Sale

    Empire State Realty Trust, the New York City real estate investment trust whose flagship properties include the Empire State Building, sold a Manhattan office building for $275 million to Igal Namdar's Namdar Realty Group, according to filings made public Tuesday.

  • June 09, 2026

    DHS Waives Park Laws For Big Bend Border Wall Build

    The U.S. Department of Homeland Security has waived multiple environmental laws as it builds border barriers and roads through Big Bend National Park and Big Bend Ranch State Park, saying it must quickly deter illegal crossings in areas of high illegal entry on the Texas-Mexico border.

  • June 09, 2026

    Deal Attys Talk Firsts, Copycats And Constant Reinvention

    Much of the work of deal attorneys is outside public view, yet their triumphs and innovations set precedent for the market as it evolves.

  • June 09, 2026

    Columbia Bank Must Face Suit Over $230M Ponzi Scheme

    A Washington federal judge on Tuesday preserved a bankruptcy trust's lawsuit against Columbia Bank, finding that the trust adequately alleged the bank helped a real estate business' former operators run a $230 million Ponzi scheme.

  • June 09, 2026

    2 Firms Advise Catalyst's $281M Industrial Financing Deal

    Industrial outdoor storage investment firm Catalyst Investment Partners, advised by Rothman Law PLLC and Levenfeld Pearlstein LLC, has obtained $281 million worth of financing that was originated by Blackstone Real Estate Debt Strategies and a group of J.P. Morgan Asset Management-guided investors, Catalyst announced.

  • June 09, 2026

    NHL Team Plans Move To New Arena In Dallas Suburb

    The Plano, Texas, City Council has approved a letter of intent with the Dallas Stars on plans to build the NHL team a new arena, signaling a move from the downtown Dallas arena where they have played since 2001.

  • June 09, 2026

    Texas County Walks Back Data Center Ban After $100M Suit

    A rural Texas county has retreated from its May moratorium on data center projects after a developer in a federal court lawsuit sought more than $100 million in damages by claiming its 800-acre, 1.2-gigawatt project would be illegally wiped out by the county's ban.

  • June 09, 2026

    The Law360 400: A Look At The Top 100 Firms

    The race to build the legal industry's largest law firm accelerated in 2025, with major firms leaning on mergers, lateral hiring and strategic expansion to climb the ranks of the Law360 400.

  • June 08, 2026

    Equity Residential GC Joins AvalonBay Execs In Merged REIT

    Equity Residential's general counsel will lead the legal functions of the company once it completes a combination with fellow real estate investment trust AvalonBay Communities in a transaction set to create a residential property giant with a combined $69 billion enterprise value.

  • June 08, 2026

    SIMAD-Linked New Orleans Office Tower Hits Ch. 11

    A New Jersey bankruptcy judge on Monday agreed to give bankrupt summer camp and real estate company SIMAD Holdings Ltd. interim permission to use cash collateral, which the debtor said it needed to keep its camps on track to operate as normal this summer.

  • June 08, 2026

    NYC Real Estate Week In Review

    Paul Weiss and Fried Frank are among various law firms that guided the largest real estate deals that hit New York City public records last week, two of which were nine-figure trades.

  • June 08, 2026

    'Hard-Money' Lenders Stole Millions In Fees, Feds Tell Jury

    Two Florida men used their "hard-money" commercial real estate finance company to steal millions, prosecutors told a Manhattan federal jury Monday, calling their operation a scam designed to reap upfront fees before the defendants put up "roadblocks" to kill transactions.

  • June 08, 2026

    Real Estate GC Jumps To Phelps Dunbar In Tampa

    Phelps Dunbar LLP announced Monday that it tapped a former in-house counsel from a real estate private equity company to serve as a partner in the firm's Tampa, Florida, office.

Expert Analysis

  • Smith's New Trump Indictment Is Case Study In Superseding

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    Special counsel Jack Smith’s recently revised Jan. 6 charges against former President Donald Trump provide lessons for prosecutors on how to effectively draft superseding indictments in order to buttress or streamline their case, as necessary, says Jessica Roth at Cardozo Law School.

  • Consider Best Legal Practices For Commissioning Public Art

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    Commissioning public art for real estate projects can provide many benefits to real estate developers and the public, but it's important to understand the unique legal and contracting aspects of the process to ensure that projects are completed on time and on budget, says Sarah Conley Odenkirk at ArtConverge.

  • Applying High Court's Domestic Corruption Rulings To FCPA

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    After the U.S. Supreme Court narrowed the domestic corruption statutes in three decisions over the past year and a half, it’s worth evaluating whether these rulings may have an impact on Foreign Corrupt Practices Act enforcement, and if attorneys can use the court’s reasoning in international bribery cases, says James Koukios at MoFo.

  • Climate Among Many Factors Driving Up RE Insurance Costs

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    A proactive approach to risk management may determine the viability of the U.S. commercial real estate sector as weather crises and other factors drive insurance costs higher, says Ulrick Matsunaga at Crosbie Gliner.

  • Bid Protest Spotlight: Debriefings, Timeliness, Documentation

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    ​James Tucker at MoFo examines three recent decisions from the Federal Circuit, the U.S. Government Accountability Office and the U.S. Court of Federal Claims concerning an agency's decision not to hold post-award discussions, a timeliness trap in certain Federal Supply Schedule procurements and the importance of providing contemporaneous documentation in price-evaluation protests.

  • A Look At Recent Case Law On Expedited Judgment In NY

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    A number of recent New York state court decisions clarify and refine the contours surrounding Civil Practice Law and Rule 3213, providing landlords, lenders and other payees guidance on how to seek accelerated judgment in certain litigation, says Alexander Lycoyannis at Holland & Knight.

  • Dealmaker Lessons From CFIUS' New Enforcement Webpage

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    The Committee on Foreign Investment in the United States’ recently launched webpage, which details the actions — and inactions — that led to enforcement activity, provides important insights for dealmakers about filing requirements, mitigation commitments and the cost of noncompliance, say attorneys at Dechert.

  • Reassessing Lease Provisions To Account For ESG Initiatives

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    As companies seek to build ESG considerations into their businesses, it's crucial to understand how such initiatives can quickly become significant enough to compel reassessment of lease agreement provisions, and how best to modify leases accordingly, say Julian Freeman and Gabe Pitassi at Cox Castle.

  • Avoid Getting Burned By Agencies' Solar Financing Spotlight

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    Recently coordinated reports and advisories from the U.S. Department of the Treasury, the Consumer Financial Protection Bureau and the Federal Trade Commission maximize the spotlight on the consumer solar financing market and highlight pitfalls for lenders to avoid in this burgeoning field, says Mercedes Tunstall at Cadwalader.

  • Co-Tenancy Clause Pointers For Shopping Center Landlords

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    Large retail tenants often require co-tenancy provisions in their leases, entitling them to remedies if a shopping center's occupancy drops in certain ways, but landlords must draft these provisions carefully to avoid giving tenants too much control, says Gary Glick at Cox Castle.

  • Assessing Algorithmic Versus Generative AI Pricing Tools

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    A comparison of traditional algorithmic pricing models and those powered by generative artificial intelligence can help regulators and practitioners weigh the pros and cons of relying on large language models to price products or services, say Maxime Cohen at McGill University, and Tim Spittle and Jimmy Royer at Analysis Group.

  • Navigating A Potpourri Of Possible Transparency Act Pitfalls

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    Despite the Financial Crimes Enforcement Network's continued release of guidance for complying with the Corporate Transparency Act, its interpretation remains in flux, making it important for companies to understand potentially problematic areas of ambiguity in the practical application of the law, say attorneys at Sidley.

  • Keys To Successful Commercial Property Insurance Claims

    Excerpt from Practical Guidance
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    While insurance needs for commercial leasing arrangements are driven by the characteristics of the premises and the nature of the tenants' intended operations, there are several universal best practices landlords and their counsel can follow when making claims after loss or damage.