More Real Estate Coverage

  • January 17, 2025

    9th Circ. Backs Vacating Some Trump-Era Oil And Gas Leases

    A split Ninth Circuit ruled Friday that an Idaho federal court, but not a Montana federal court, abused its discretion in striking down oil and gas leases sold during the Trump administration, but halted "surface-disturbing activity" while the federal government reconsiders the leasing decisions.

  • January 17, 2025

    Michigan Justices Won't Answer Securities Test Issue

    The Michigan Supreme Court on Friday denied an appeal from a developer asking justices to find a state law test rather than a federal one should be used to determine if a promissory note is a security, leaving in place a ruling that keeps the developer liable for notes issued in a $6 million project. 

  • January 17, 2025

    GOP Reps. Look To End President's National Monument Power

    Two Republican members of Congress have launched a bill seeking to strip the president's power to declare national monuments, saying the Antiquities Act of 1906 is in dire need of reform that would hand over that authority to Congress.

  • January 17, 2025

    Property Owner Says Nationwide Lowballed On $3.8M Losses

    A Georgia property owner accused its insurer, a Nationwide unit, of "grossly underestimating" damages from separate hail and water events, alleging it was offered a combined total of less than $8,000 for losses exceeding $3.8 million, in a case removed to Georgia federal court.

  • January 16, 2025

    6th Circ. Won't Revisit Mercedes Fire Coverage Row

    The Sixth Circuit declined Thursday to revisit a decision finding the research group for Mercedes-Benz North America could be liable for over $1 million in property damage following a fire its employees set inadvertently at a Michigan property it rented.

  • January 15, 2025

    What Real Estate Attys Should Expect From New SEC

    Real estate lawyers should anticipate a meaningful shift in policy from the U.S. Securities and Exchange Commission under President-elect Donald Trump's leadership, including a reduced focus on climate risk disclosures, according to speakers at a Practicing Law Institute panel.

  • January 14, 2025

    8th Circ. Backs Real Estate Agents' Win In Copyright Case

    The Eighth Circuit on Tuesday backed a lower court ruling that let real estate agents off the hook on claims they infringed a home designer's copyrights, agreeing that the inclusion of floor plans in listings of homes he designed were fair use.

  • January 14, 2025

    H&E Rentals' Stock Doubles On $4.8B United Rentals Deal

    United Rentals Inc. has agreed to purchase fellow equipment rental company H&E Rentals for about $4.8 billion, including approximately $1.4 billion of debt, the companies said Tuesday, with the news leading to a more than 100% increase in H&E's stock price. 

  • January 13, 2025

    Cost, Safety Priorities For Vedder Price Atty On Miami Board

    The collapse of the Champlain Towers in 2021 spurred fundamental changes in Florida's condominium laws. It also spurred Vedder Price PC shareholder Javier A. Lopez to join the Miami Planning, Zoning and Appeals Board, of which he recently became the newest member in hopes of affecting positive changes to the city's development, particularly with safety and affordability.

  • January 13, 2025

    Judge Says California Tribe Can't Block Casino Land Decision

    A California tribe can't block the Interior Department from taking 65 acres into trust for a fellow state tribe's proposed casino project, a federal district judge said, arguing that it has not satisfied the burden to prove an immediate threat of irreparable harm.

  • January 13, 2025

    NJ Groups Sue To Revoke Offshore Wind Farm Approvals

    A group of environmental and business organizations are alleging in New Jersey federal court that federal approvals awarded to a Shell-backed developer's offshore wind projects violate a number of environmental statutes, and they are looking to halt the construction of two offshore wind facilities located just under nine miles off the Garden State coast.

  • January 13, 2025

    Ore. Tax Court Says No Depreciation On Residences

    The owners of a pair of Oregon residences were denied depreciation deductions against their state income taxes because they did not demonstrate that the homes were income-producing properties, the state tax court said.

  • January 13, 2025

    Ore. Court OKs Farm Tax Break For Landfill, Corn Maze

    Portions of property in a farming operation used for a corn maze and for a landfill that was part of a remediation effort are eligible for a special agricultural property tax assessment, the Oregon Tax Court ruled.

  • January 13, 2025

    Ind. Bill Would Restrict Property Tax Referendum Placement

    Indiana would limit when school corporations may place referendums authorizing certain property tax levies on a ballot to general elections, under a bill introduced Monday in the state House of Representatives.

  • January 13, 2025

    Supreme Court Won't Hear Broker's Fee Bid In Copyright Case

    The U.S. Supreme Court declined Monday to hear a Florida real estate broker's bid for attorney fees incurred defending himself from a copyright infringement suit by an aerial photography company, leaving in place a ruling saying he was not a prevailing party once the case was voluntarily dismissed.

  • January 13, 2025

    Justices Reject Utah's Effort To Wrest Land From Feds

    The U.S. Supreme Court on Monday rejected Utah's claims that the federal government is stifling economic activity in the state by unconstitutionally hoarding and profiting from public lands.

  • January 13, 2025

    Justices Won't Hear Farm's Bid To Retake Denver Airport Land

    The U.S. Supreme Court on Monday declined to hear a Colorado farm company's petition arguing Denver can't hold onto land originally seized for the Denver International Airport now that the city plans to build a private commercial complex on the property.

  • January 10, 2025

    DeSantis Vows More Money, Control Over Everglades Projects

    Florida Republican Gov. Ron DeSantis pledged to recommend $805 million of the state budget for continuing efforts in Everglades restoration and promised to take more control over water management, saying he hopes to work with the incoming Trump administration to expedite projects in order to reduce time and taxpayer expense.

  • January 10, 2025

    Webuild Says $54M Argentina Award Must Be Enforced

    Webuild wants a D.C. federal court to enforce a more than $54 million arbitral award it won more than a decade ago in a dispute with Argentina over a water and sewage service concession, saying the court has already rejected the country's one available defense.

  • January 09, 2025

    Zillow Brings 'Goldman' Debate Over Class Cert. To 9th Circ.

    Zillow Group Inc. is asking the Ninth Circuit to issue its first ruling on the correct application of a U.S. Supreme Court's Goldman decision to investor class certification bids, saying a lower court was wrong to certify a class of shareholders who alleged that the company misled them about the robustness of its now defunct home-flipping business.

  • January 09, 2025

    Wash. Justices Won't Review $160M Seattle Property Tax Win

    Seattle can keep $160 million in property taxes for waterfront improvements, after Washington's Supreme Court declined to review a lower appellate court's ruling rejecting property owners' bid to recalculate the tax to reflect the hit property values had taken from COVID-19.

  • January 09, 2025

    Airlines Say 9th Circ. Should Mull Seattle Airport Pollution Suit

    Delta Air Lines and Alaska Airlines have told a Washington federal court that the Ninth Circuit should immediately consider the jurisdictional and preemption issues raised in a proposed class action from property owners and residents over alleged flight-path pollution near Seattle-Tacoma International Airport.

  • January 09, 2025

    Md. House Bill Seeks Special Tax On Commercial Property

    Maryland would authorize local governments to establish a subclass of commercial and industrial property and impose a special tax on such property to fund transportation improvements and local education budgets as part of a bill introduced in the state House of Delegates.

  • January 09, 2025

    Ind. Senate Bill Would End Annual Assessment Adjustments

    Indiana would eliminate annual adjustments to the assessed value of some real property to reflect changing values under legislation introduced in the state Senate.

  • January 09, 2025

    Indiana House Bill Would Abolish Property Taxes

    Indiana would disallow the assessment of tangible property beginning in 2026 and end the imposition of property taxes beginning in 2027 under a bill introduced Thursday in the state House of Representatives. 

Expert Analysis

  • Alaska Enviro Suit Shows Gov't Is A Tough Tort Defendant

    Author Photo

    The Ninth Circuit's recent decision in Nanouk v. U.S. concerning environmental contamination near an Alaska military installation highlights the fact that discretionary government action that yields an unfortunate result does not necessarily give rise to a tort claim, says Brandon Matsnev at Manko Gold.

  • Streamlining Power Transmission Siting To Help Renewables

    Author Photo

    It can take years and cost millions of dollars to secure state regulatory approval for electric transmission system upgrades needed to facilitate clean energy development, so it is important for states to create abbreviated siting processes for projects with limited anticipated impacts, says Andy Flavin at Troutman Pepper.

  • FERC Nod To Energy Storage As Transmission Has Caveats

    Author Photo

    While the Federal Energy Regulatory Commission recently approved the Midcontinent Independent System Operator plan to treat some electric storage facilities as transmission-only assets eligible for full cost-of-service rates, entities seeking similar approval will need to develop workable rules governing use of storage resources, say Mark Perlis and Bud Earley at Covington.

  • EB-5 Ruling Shows Viability Of SEC Disgorgement Challenges

    Author Photo

    In the first appellate decision applying the U.S. Supreme Court’s Liu decision, the Ninth Circuit recently reversed a large disgorgement award over an EB-5 visa scam in U.S. Securities and Exchange Commission v. Yang, demonstrating several ways companies and individuals facing investigations may be able to challenge SEC penalties, say attorneys at Cadwalader.

  • 8th Circ. Ruling May Provide Relief For Bakken Debtors

    Author Photo

    The Eighth Circuit’s recent decision that an oil and gas agreement provision requiring additional funds to participate in drilling a well was dischargeable in Slawson Exploration v. Nine Point Energy may aid debtors in the Bakken shale at a time when bankruptcy filings are expected to rise, say Isaac Griesbaum and Katherine Preston at Winston & Strawn.

  • Trump Nationwide Permit Move Could Interrupt Pipeline Suit

    Author Photo

    The Trump administration's proposal to revamp the nationwide permit program well ahead of schedule is clearly a response to recent litigation over the Keystone XL pipeline, and could moot those proceedings and force litigants to restart them, says Yvonne Hennessey at Barclay Damon.

  • How Congress May Bail Out FERC On Tolling Orders

    Author Photo

    The D.C. Circuit's recent ruling in Allegheny Defense Project v. Federal Energy Regulatory Commission deals a major blow to FERC's use of tolling orders to forestall judicial rehearings, but Congress may soon come to the agency's aid, say Sandra Rizzo and David Skillman at Arnold & Porter.

  • Market Rebound May Curb Securities Class Actions, Damages

    Author Photo

    The stock market's dramatic recovery from its pandemic-prompted plunge may provide securities class action defendants an opportunity to rely on the Private Securities Litigation Reform Act’s rarely invoked bounce-back provision to ward off stock-drop claims, or sharply limit available damages, say John Schreiber and John Tschirgi at Winston & Strawn.

  • Unpredictable Wisconsin PFAS Regs Are Bad For Business

    Author Photo

    As Wisconsin attempts to recover from the economic impact of the pandemic, uncertainties surrounding ramped-up regulatory efforts and costly cleanup of per- and poly-fluoroalkyl substances could slow real estate and business development and expansion in the state, says Delanie Breuer at Reinhart Boerner.

  • Final IRS Rules On REIT Dividends Create Statutory Conflict

    Author Photo

    The Internal Revenue Service's recent regulations, which confirm that real estate investment trust payouts to regulated investment company shareholders qualify for preferred tax treatment but are silent on publicly traded partnership income, conflict with the statute and congressional intent, says Andrew Howlett at Miller & Chevalier.

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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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.

Can't find the article you're looking for? Click here to search the Real Estate Authority Other archive.