More Real Estate Coverage

  • August 08, 2024

    No Proof Mining Co. Helped Heiress Hide Cash, Judge Says

    A Colorado state judge said Wednesday a creditor seeking to recover a $20 million judgment against a Brazilian airline heiress did not back up claims a company participated in the heiress' scheme to shield money in family accounts and gold mining and gem smuggling operations.

  • August 08, 2024

    Fla. Judge Dismisses Sex Abuse Suit, Blaming Lies By Atty

    A Florida state judge has thrown out a suit by a Palm Beach real estate developer's daughter who alleges her father sexually abused her, ruling that her attorney's misrepresentations about an expert and why he withdrew from the case are fraud against the court.

  • August 08, 2024

    Wash. HOA Says Allstate Must Cover $8M Water Damage

    A Washington state condominium association accused Allstate of wrongfully denying coverage of an $8 million water damage claim it filed after discovering hidden damage to the exterior of its buildings.

  • August 08, 2024

    Nixon Peabody Hires Community Development Counsel In DC

    When Steven Feenstra, the newest member of Nixon Peabody LLP's the community development finance practice, visited a client's office some 25 years ago, the photos of the community housing projects the client had helped develop made a lasting impression on him, he told Law360 Pulse in an interview Thursday.

  • August 07, 2024

    Rising Star: Willkie's Melissa Fischetti

    Melissa Fischetti of Willkie Farr & Gallagher LLP navigated SL Green's $1.76 billion acquisition of 245 Park Ave, New York, amid contentious bankruptcy proceedings brought without the preferred equity investor's approval, earning her a spot among the real estate practitioners under 40 honored by Law360 as Rising Stars.

  • August 06, 2024

    New Bill Would Create 400K-Acre National Monument In Ariz.

    A bill introduced by a ranking member of the House natural resources committee looks to protect 400,000 acres in southern Arizona while declaring the site with ties to at least 13 federally recognized tribes a national monument.

  • August 06, 2024

    Ohio Board Affirms Nix Of Tax Break For Church's Rec Site

    A recreation field owned by an Ohio-based church doesn't qualify for a property tax exemption because it wasn't used as a place of worship, the state Board of Tax Appeals affirmed.

  • August 06, 2024

    Ariz. Tribe Seeks To Block Lithium Exploration Project

    An Arizona tribe is asking a federal district court to block the approval of a lithium exploration project that it says threatens the life of a sacred medical spring used for cultural and religious purposes, arguing the Bureau of Land Management failed to consider its actions on the historic property.

  • August 05, 2024

    North Dakota Ballot Initiative Seeks To End Property Tax

    North Dakota would prohibit political subdivisions from imposing property taxes if a constitutional amendment is approved by voters in November.

  • August 05, 2024

    Andrews Myers Construction Atty Joins Cozen O'Connor

    Cozen O'Connor has hired a construction litigator in California who has more than 14 years of experience representing clients in matters involving infrastructure, industrial and other construction projects, the firm announced Monday.

  • August 05, 2024

    Latham Helps Woodside Buy Clean Ammonia Biz For $2.4B

    Australian oil and gas giant Woodside Energy will buy OCI NV's low-carbon ammonia facility in Texas for $2.35 billion in cash to help with its transition to cleaner forms of energy, the companies said Monday.

  • August 02, 2024

    Navajo Restrict Radioactive Transport On Reservation Lands

    For the next six months, no radioactive material can be transported across the Navajo Nation's reservation without prior agreement with the country's largest federally recognized tribe, according to an executive order signed by President Buu Nygren.

  • August 02, 2024

    Land Sale Deals Allowed In Colo. Eminent Domain Dispute

    A Colorado appeals court ruled against the city of Westminster in its eminent domain action, ruling that three comparable sales contracts and an adjacent land parcel's $51.5 million purchase and sale contract can be admitted as evidence in a valuation trial.

  • August 02, 2024

    Ohio Board Finds Park's Oil, Gas Production Area Tax Exempt

    Space at a park in Ohio that is leased to a private entity to produce oil and gas is entitled to a property tax exemption, the state Board of Tax Appeals ruled Friday, saying the lessee's operations were incidental to the park's public purpose.

  • August 02, 2024

    Property Plays: VICI, Host Hotels, Tampa Bay Rays

    Property Plays is a weekly roundup of the latest loans, leases, sales and projects around the country. Send your tips — all confidential — to realestate@law360.com.

  • July 31, 2024

    Separate Easement Contribution Docs Critical, IRS Atty Says

    Conservation easement donors must always keep separate documents from their donees that acknowledge the gifted property to qualify for a charitable tax deduction in the event the IRS requests such information during an audit, according to an agency counsel Wednesday.

  • July 31, 2024

    2nd Circ. Sends Workers' OT Suit Back To Lower Court

    Two construction workers' suit claiming a company didn't pay them overtime can head back to a New York federal court, the Second Circuit ruled Wednesday, saying that the duo supported their claims that the entity was their employer.

  • July 30, 2024

    DC Circ. Tosses FERC's OK Of Northeast Pipeline Expansion

    The D.C. Circuit on Tuesday threw out the Federal Energy Regulatory Commission's approval of a Northeast pipeline expansion, ruling that the agency overlooked the project's "enormous" greenhouse gas emissions and failed to properly consider the lack of market need for the added natural gas capacity.

  • July 30, 2024

    Challenge To IRS Summons in $90M Easement Suit Tossed

    A Mississippi federal judge dismissed a company's request to quash IRS summonses related to a $90 million conservation easement deduction, adopting the rulings of three sister jurisdictions that had dismissed the same challenge on grounds the summonses served a legitimate purpose.

  • July 29, 2024

    Real Estate Co. Strikes Deal To End Black Worker's Bias Suit

    A real estate company reached an agreement with a Black former worker to resolve his lawsuit accusing the company of denying him a bonus based on his race and then firing him when he complained, a filing in Georgia federal court said.

  • July 29, 2024

    Mich. Justices Say Subbed Atty Can't Be Sanctioned

    Michigan's Supreme Court has ruled state statute doesn't require all attorneys representing a sanctioned party "be held jointly responsible for frivolous conduct," reversing a decision that imposed sanctions on an attorney who joined a real estate contract dispute after sanctionable conduct occurred.

  • July 26, 2024

    Property Plays: Pretium, United Center, 830 Brickell

    Property Plays is a weekly roundup of the latest loans, leases, sales and projects around the country. Send your tips — all confidential — to realestate@law360.com.

  • July 26, 2024

    DC Circ. Won't Stave Off Amtrak's Union Station Takeover

    The D.C. Circuit on Friday rejected an emergency bid to stop Amtrak from taking control of Washington, D.C.'s Union Station, but did not dismiss the case outright, ruling that efforts to stop the eminent domain takeover appeared unlikely to succeed on appeal.

  • July 25, 2024

    Embattled Texas Law Firm Wants More Time For Ch. 11 Plan

    Troubled Houston law firm MMA Law asked a Texas bankruptcy court to extend the exclusivity period to file a Chapter 11 plan for 120 more days, with a current filing exclusivity period set to end in early August.

  • July 25, 2024

    GSA Awards $94M Contract For Overhauling ND Land Port

    A construction company won a $94 million contract from the U.S. General Services Administration to replace the "outmoded" facilities of a Dunseith, North Dakota, land port entry, the GSA announced.

Expert Analysis

  • Key Elements Of NY Agencies' Renewable Energy Plan: Part 2

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    A proposal from two New York energy agencies that would significantly restructure the state's clean energy market could result in major impacts for load-serving entities and new economic opportunities for disadvantaged communities, says Kevin Blake of Phillips Lytle.

  • Key Elements Of NY Agencies' Renewable Energy Plan: Part 1

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    The framework for decarbonizing the power system set out in a new white paper from two New York energy agencies will require big changes to the state's Clean Energy Standard procurement structure, and could have major consequences for biofuels, hydropower and other energy sectors, says Kevin Blake at Phillips Lytle.

  • Mass. Solar Incentive Restrictions Make Site Scrutiny Crucial

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    In light of the Massachusetts Department of Energy Resources' recent rule changes restricting incentives for solar development on ecologically sensitive greenfield sites, landowners and solar developers should assess target properties carefully before building, say attorneys at Beveridge & Diamond.

  • Mass. Court Deadline Tolling Will Cause Problems For Years

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    While Massachusetts' 106-day tolling period for all civil statutes of limitations ends Tuesday, the pandemic-related pause will complicate calculation of limitations periods and have ripple effects in many jurisdictions for years to come, says Christian Stephens at Eckert Seamans.

  • FERC Rehearing Reg Poses New Challenges For Pipelines

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    A recent Federal Energy Regulatory Commission regulation, precluding construction for previously approved pipelines until timely filed rehearing requests are addressed, may impose unnecessary delays on the construction of critical energy infrastructure already found to be in the public interest, say attorneys at Sheppard Mullin.

  • Enviro Settlements Offer Solution To Growing Citizen Suit Risk

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    Declining federal environmental enforcement may spur more lawsuits by citizens groups — making it more important than ever for companies to seek early resolutions through negotiated settlement framework agreements, say Heidi Friedman and Joel Eagle at Thompson Hine.

  • 5th Circ.'s Windstorm Ruling Holds Silver Lining For Insureds

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    Although the Fifth Circuit recently barred recovery in Pan Am Equities v. Lexington Insurance, its decision may be an overall win for policyholders by affirming that rain and flood damage can trigger windstorm coverage, says Tae Andrews at Miller Friel.

  • Calif. Vapor Intrusion Guidance Promises More Consistency

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    The draft guidance on vapor intrusion released recently by a group of California environmental agencies should help address confusion resulting from varying approaches to vapor investigation and remediation used by different state regulators, says Laurie Berger at Environmental General Counsel.

  • Superfund Ruling May Increase Landowners' Cleanup Liability

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    The U.S. Supreme Court's ruling in Atlantic Richfield v. Christian featured an expansive interpretation of property owners' liability for hazardous substances that come to be located on their land, and will have far-reaching implications for those whose property has been contaminated by offsite sources, say attorneys at Haynes and Boone.

  • Remote Notarization Is A New Virtual Frontier For Mass.

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    Massachusetts' new law allowing for online execution of notarized documents leaves several unanswered questions regarding its requirement for all participating parties to be located within the state, potentially setting up for future litigation, says Katie Von Kohorn at Casner & Edwards.

  • How To Assess Accounting Materiality Amid Economic Crisis

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    Companies weathering the economic fallout of COVID-19 should consider three data-driven quantitative methods to help evaluate accounting materiality claims, particularly in cases where traditional factors fail to establish whether an error was material, and where data exists on comparable revision versus restatement decisions, say consultants at The Brattle Group.

  • COVID-19, Eminent Domain And Determining Compensation

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    Paul Kiernan at Holland & Knight discusses how to determine whether a government action taken in response to the pandemic that causes a property owner's loss can be characterized as an exercise of police power, or an exercise of eminent domain that would require compensation from the government.

  • Fracking Decision Strengthens Precedent On Forced Pooling

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    A Colorado federal court's ruling last month in Wildgrass Oil & Gas Committee v. State of Colorado joins several recent decisions confirming that forced pooling of mineral interests is legal in the context of hydraulic fracturing, says Russell Gips at Copeland & Rice.

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