Residential

  • June 07, 2024

    Texas Top Court Denies Roofer's Challenge To Adjuster Laws

    The Supreme Court of Texas tossed on Friday a roofing company's challenge to the state's public adjuster licensing laws, saying that requiring a license or preventing certain conduct didn't violate the roofer's free speech rights.

  • June 07, 2024

    Miami Official Can't Shake Zoning Abuse Claims

    A Miami commissioner can't escape allegations that he and other city officials conspired to sabotage local businesses with zoning and safety laws after a pair of business owners backed the commissioner's opponent in a 2017 election, a Florida federal judge ruled.

  • June 07, 2024

    6th Circ. Finds Ethical Lapses Justify Bar On Firm's Outreach

    The Sixth Circuit said Thursday a Michigan federal judge shouldn't have faulted a law firm for attacking a proposed tax foreclosure class-action settlement in solicitation letters, but nevertheless upheld the judge's order barring contact with certain class members because of the firm's actual ethical lapses.

  • June 07, 2024

    Calif. Developer Seeks $5M Excess Coverage For Defect Suits

    A California developer is seeking coverage under a $5 million excess policy for an underlying settlement stemming from construction defect claims, telling a federal court that its excess insurer wrongfully refused to cooperate in the dispute resolution and that the policy expressly provided coverage.

  • June 06, 2024

    Calif. Justices OK UC Berkeley People's Park Housing Plan

    The University of California, Berkeley, can move ahead with its plans to build a housing project in the historic People's Park, the California Supreme Court ruled Thursday, saying a new state law wipes out opponents' claims that the university's environmental impact study failed to look at potential student noise pollution.

  • June 06, 2024

    Insurers' Climate Exposure Poses Risk To US Housing Market

    Climate risks to already strained insurance markets could significantly disrupt the U.S. housing market and the broader financial system, according to insurance, banking and housing experts, as well as a growing body of academic research leveraging new risk data.

  • June 06, 2024

    Fintech Lender Ran 'Bait & Switch' With Borrowers, Suit Says

    Fintech company Figure Lending LLC faces a proposed class action alleging its home equity lines of credit are actually intentionally mislabeled home equity loans with higher interest rates and fees.

  • June 06, 2024

    NYC Passes Economic Opportunity Rezoning, With Tweaks

    The New York City Council voted June 6 to approve a slate of zoning reforms intended to promote small business growth and update decades-old regulations, after making several tweaks to the plan in response to community concerns.

  • June 06, 2024

    Colorado To Study Simplification Of Local Lodging Taxes

    Colorado will expand the scope of a task force responsible for simplifying the state's sales and use tax regime to improve the local lodging tax system as part of a bill signed into law by Democratic Gov. Jared Polis.

  • June 06, 2024

    Jeffrey Zwick Advises On $147M NYC Portfolio Refinancing

    A Namdar Realty Group affiliate has closed on a $147.1 million refinancing of a group of 18 New York City apartment buildings and commercial properties in a transaction advised by Jeffrey Zwick & Associates.

  • June 06, 2024

    Mass. AG Asks State High Court To Affirm Housing Law

    Massachusetts Attorney General Andrea Joy Campbell told the state's highest court this week that her office has the authority to seek enforcement of what she says is a mandatory state housing initiative requiring more than half the state's communities to allow multifamily housing development.

  • June 06, 2024

    Hinshaw Adds Financial Services Partner In NY

    Hinshaw & Culbertson LLP has added a consumer financial services partner in its New York City office from creditors rights firm LOGS Legal Group.

  • June 06, 2024

    Ex-Real Estate Firm GC Joins Federman Steifman As Partner

    Federman Steifman LLP hired the former general counsel of real estate investment and development firm SomeraRoad as a partner for its New York City office, the law firm announced.

  • June 06, 2024

    Bell Nunnally Adds Ex-Munsch Hardt Real Estate Ace In Dallas

    Bell Nunnally & Martin LLP has strengthened its real estate practice with a partner in Dallas who came aboard from Munsch Hardt Kopf & Harr PC.

  • June 05, 2024

    Property Plays: WP Carey, Tribeca, Tower Capital

    W.P. Carey inked $258 million worth of investments, largely in industrials; a total of $21.5 million was loaned for the acquisition and conversion of an eight-story Tribeca building; Tower Capital lined up $47.4 million for a build-to-rent community in Texas.

  • June 05, 2024

    CohnReznick Scores Quick Exit In Tax Scheme Suit

    A New York federal judge agreed to toss a housing partnership's suit accusing accounting firm CohnReznick LLP of professional negligence and fraud, finding that the district court doesn't have jurisdiction over the dispute.

  • June 05, 2024

    Denver Landlord Sued Over Allegedly Unlawful Late Fees

    A Denver landlord and its property manager were accused in a proposed class action of charging tenants with unlawfully excessive late fees for owed rent and launching eviction proceedings against them for not paying the late fees and owed rent.

  • June 05, 2024

    Miami Developer Maintains Pioneering Touch In Latest Moves

    Miami-area developer Masoud Shojaee spoke with Law360 Real Estate Authority about his project strategy and how it has led to longevity for his firm Shoma Group and given him confidence in helping to address a housing crisis and various challenges in the market.

  • June 05, 2024

    PennyMac Sued Over 'Release Costs' For Payoff Docs

    PennyMac Loan Services LLC violated federal and Florida law by wrongfully charging "release costs" for its mortgage payoff statements that showed how much borrowers still owed, according to a proposed consumer class action filed in Florida federal court.

  • June 05, 2024

    Colo. To Exempt Modular Homes From Sales Tax

    Colorado will exempt new modular home sales from state tax under a bill signed into law by Gov. Jared Polis.

  • June 05, 2024

    'Le Penthouse' Owner Files For Ch. 11 With $66M In Debt

    The owner of "Le Penthouse," known as one of the most expensive New York City condominiums, filed for Chapter 11 protection in Manhattan bankruptcy court with $66.5 million in debt and a plan to sell off its properties including the penthouse.

  • June 04, 2024

    Judge Frets Nursing Home Co. LaVie $20M DIP Too Low

    A Georgia bankruptcy judge on Tuesday gave interim approval to customary first-day motions and a $20 million debtor-in-possession loan for bankrupt nursing home operator LaVie Care Centers LLC.

  • June 04, 2024

    Miami Board Opposes Tower Amid Land Use Law Concerns

    The design review committee for Miami's Wynwood neighborhood voted Tuesday against a 48-story mixed-use development proposed in the area, pushing back on the application, which makes use of a sweeping new Florida land use law for workforce housing.

  • June 04, 2024

    HUD Kicks Off Manufactured Housing Financing Program

    The U.S. Department of Housing and Urban Development launched a federally insured financing option for buying, revitalizing and refinancing manufactured housing communities in order to provide an alternative that doesn't involve private equity funds purchasing those communities, HUD announced Tuesday.

  • June 04, 2024

    Meet The Attorneys Guiding Nursing Home Co. LaVie's Ch. 11

    A team of attorneys from McDermott Will & Emery LLP is guiding nursing home operator LaVie Care Centers LLC through its Chapter 11 case in Georgia.

Expert Analysis

  • Climate Disclosure Mandates Demand A Big-Picture Approach

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    As carbon emissions disclosure requirements from the European Union, California and the U.S. Securities and Exchange Commission take effect, the best practice for companies is not targeted compliance with a given reporting regime, but rather a comprehensive approach to systems assessment and management, says David Smith at Manatt.

  • Playing Hockey Makes Me A Better Lawyer

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    Nearly a lifetime of playing hockey taught me the importance of avoiding burnout in all aspects of life, and the game ultimately ended up providing me with the balance I needed to maintain success in my legal career, says John Riccione at Taft.

  • Illinois EV Charging Act Sparks Developer Concerns

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    A recent state law in Illinois requiring multifamily housing to provide facilities for electric vehicle charging raises significant concerns for developers over existing infrastructure that isn't up to the task, says Max Kanter at Much Shelist.

  • What NAR Settlement Means For Agent Commission Rates

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    If approved, a joint settlement agreement between the National Association of Realtors and a class of home sellers will likely take the onus off home sellers to compensate buyers' agents, affecting considerations for all parties to real estate transactions, say attorneys at Jones Foster.

  • Calif. Banking Brief: All The Notable Legal Updates In Q1

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    The first quarter of the year brought the usual onslaught of new regulatory developments in California — including a crackdown on junk fees imposed by small business lenders, a big step forward for online notarizations and a ban on predatory listing agreements, says Alex Grigorians at Hanson Bridgett.

  • 2nd Circ. Ruling Clarifies When Demand Letters Are Claims

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    The Second Circuit’s decision last week in Pine Management v. Colony Insurance, affirming that an insurer had no obligation to defend an insured for claims made before the policy period, provides clarity on when presuit demands for relief constitute claims — an important issue that may be dispositive of coverage, says Bonnie Thompson at Lavin Rindner.

  • Serving As A Sheriff's Deputy Made Me A Better Lawyer

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    Skills developed during my work as a reserve deputy — where there was a need to always be prepared, decisive and articulate — transferred to my practice as an intellectual property litigator, and my experience taught me that clients often appreciate and relate to the desire to participate in extracurricular activities, says Michael Friedland at Friedland Cianfrani.

  • Preparing For Possible Calif. Criminal Antitrust Enforcement

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    Though a recent announcement that the California Attorney General's Office will resume criminal prosecutions in support of its antitrust enforcement may be mere saber-rattling, companies and their counsel should nevertheless be prepared for interactions with the California AG's Antitrust Section that are not limited to civil liability issues, say Dylan Ballard and Lillian Sun at V&E.

  • Conn. Loan Law Tweaks May Have 3 Major Effects On Lenders

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    Recently proposed minor amendments to Connecticut’s consumer protection laws could nonetheless mean major and unexpected changes to state consumer financial services regulations that dictate how lenders and their customer-facing service providers handle fee payments, mortgage servicer licensing and private student loans, says Jonathan Joshua at Joshua Law Firm.

  • Document Retention Best Practices To Lower Litigation Risks

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    As new technologies emerge and terabytes of data can be within the purview of a single discovery request, businesses small and large should take four document management steps to effectively minimize risks of litigation and discovery sanctions long before litigation ensues, says Kimbrilee Weber at Norris McLaughlin.

  • Riding My Peloton Bike Makes Me A Better Lawyer

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    Using the Peloton platform for cycling, running, rowing and more taught me that fostering a mind-body connection will not only benefit you physically and emotionally, but also inspire stamina, focus, discipline and empathy in your legal career, says Christopher Ward at Polsinelli.

  • The Challenges SEC's Climate Disclosure Rule May Face

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    Attorneys at Debevoise examine potential legal challenges to the U.S. Securities and Exchange Commission's new climate-related disclosure rule — against which nine suits have already been filed — including arguments under the Administrative Procedure Act, the major questions doctrine, the First Amendment and the nondelegation doctrine.

  • Class Actions At The Circuit Courts: March Lessons

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    In this month's review of class action appeals, Mitchell Engel at Shook Hardy discusses four notable circuit court decisions on topics from consumer fraud to employment — and provides key takeaways for counsel on issues including coercive communications with putative class members and Article III standing at the class certification stage.