Real Estate

  • January 27, 2022

    Justices Asked To Mull Circuit Split On Lanham Act's Reach

    Hetronic Germany GmbH is asking the U.S. Supreme Court to weigh in on a $113 million trademark fight over radio control systems against a former U.S. partner, in a case that may address for the first time whether the Lanham Act's scope extends outside the U.S.

  • January 27, 2022

    Fla. High Court Says Arbitration Provision Runs With Land

    The Florida Supreme Court affirmed a ruling that sent a pair of homeowners to arbitration in their suit against U.S. Home Corp., finding Thursday that they are bound by an arbitration provision in the deed issued by the developer to the original owners of the house.

  • January 27, 2022

    The Term: Breyer's Legacy And The Nomination To Come

    Justice Stephen Breyer on Thursday formally announced he would be retiring at the end of the Supreme Court term. Here, The Term breaks down the legacy he will leave behind and takes a look at what lies ahead for his potential successor with two special guests.

  • January 27, 2022

    Breyer Retiring As Supreme Court Lurches Right

    Justice Stephen Breyer is retiring from the U.S. Supreme Court at a time when his conservative colleagues on the bench seem intent on dismantling landmark precedents on abortion, affirmative action and the administrative state, to name a few. Can his successor preserve his liberal legacy?

  • January 27, 2022

    Real Estate Rumors: Lennar, Jubao Xie, Calmwater Capital

    Lennar Homes has reportedly dropped $22.5 million on 25.3 acres in South Florida, developer Jubao Xie is said to be seeking $187 million with the sale of the world's tallest Holiday Inn and Calmwater Capital is said to have loaned $34 million for a Queens, New York, warehouse.

  • January 27, 2022

    Judge Tosses LA Landlord's Virus Loss Suit Against Travelers

    A California federal judge tossed a commercial landlord's suit against Travelers Indemnity Co. on Thursday, saying its insurance policy did not provide coverage for more than $1.8 million in pandemic-related losses.

  • January 27, 2022

    Former Refinery Owner Reaches Deal In Ch. 11 Insurance Row

    The former owner of a Philadelphia oil refinery that suffered a catastrophic explosion in 2019 has reached a deal to resolve a dispute with insurers over coverage for the property damage sustained in the blast and ensuing fire.

  • January 27, 2022

    Zillow Gets Damages Cut To $1.9M In Photo Copyright Fight

    Zillow has convinced a Washington federal court to trim a damages award against it to $1.9 million in a copyright dispute over the use of real estate photographs on its website, a considerable reduction from the $8 million it was initially supposed to pay.

  • January 27, 2022

    Real Estate Broker Hits Cannabis Co. 4Front With $19M Suit

    Real estate broker Savills Inc. sued cannabis company 4Front Ventures in New York federal court Thursday, claiming it put together a deal with over $129 million in government incentives for a new Illinois facility but 4Front hasn't paid it millions in fees they contracted for.

  • January 27, 2022

    Quinn Emanuel Links Up With Top Saudi Litigator

    Top international trial firm Quinn Emanuel Urquhart & Sullivan LLP has announced its association with a Saudi litigator as it looks to gain a foothold in major markets globally, saying the lawyer has broad experience representing clients in the kingdom of Saudi Arabia.

  • January 27, 2022

    NY Seeks Additional $1.6B From Feds For Rent Aid Program

    New York Gov. Kathy Hochul said Thursday that she has asked the U.S. Treasury Department for $1.6 billion to fulfill pending applications for pandemic rental assistance, after the federal government issued just a fraction of her November request for extra funds.

  • January 27, 2022

    Allianz Unit's Negligence Claims Over Hotel Damage Revived

    The Georgia Court of Appeals revived an Allianz unit's negligence claim against a construction manager and its subcontractor over paying out $1.3 million for water damage at an Atlanta hotel.

  • January 27, 2022

    Impact Healthcare REIT Seeks To Raise $67M With Share Sale

    Impact Healthcare REIT is looking to raise roughly £50 million ($66.9 million) with a planned sale of new shares, according to an announcement on Thursday from the U.K. real estate investment trust.

  • January 27, 2022

    Judge Jackson Back In Spotlight As High Court Contender

    The upcoming vacancy on the U.S. Supreme Court quickly threw the spotlight back on D.C. Circuit Judge Ketanji Brown Jackson, a former clerk for Justice Stephen Breyer whose stature as a likely successor to the retiring justice was suddenly raised Wednesday.

  • January 27, 2022

    Real Estate Group Of The Year: Sullivan & Cromwell

    Sullivan & Cromwell LLP attorneys helped raise more than $460 million for Harvard's forthcoming 14-acre life sciences campus and advised AIG on its $5.1 billion residential portfolio sale to Blackstone, landing the firm a spot among Law360's 2021 Real Estate Practice Groups of the Year.

  • January 27, 2022

    The Implications Of CFIUS' Rising Profile On M&A

    The Committee on Foreign Investment in the U.S. is viewed as an effective tool for policing mergers and acquisitions with foreign investment components, but experts say its increasing prominence means more legal work on the front end of deals, and a growing number of lawmakers say it should shoulder even more responsibility.

  • January 27, 2022

    Biden At His Side, Justice Breyer Announces Retirement

    Supreme Court Justice Stephen Breyer joined President Joe Biden at the White House Thursday to formally announce his retirement, kicking off a rush among Democrats to confirm a new member of the court to replace the oldest serving justice.

  • January 26, 2022

    Attys Get $2.7M Of $12M Wells Fargo Mortgage Glitch Deal

    Attorneys representing Wells Fargo home loan customers will receive a $2.7 million fee for their work on a class action over technical glitches affecting the bank's automated mortgage loan modification tools.

  • January 26, 2022

    Democrats Plan Swift Confirmation Of Breyer Successor

    The U.S. Senate's Democratic leaders pledged Wednesday to move swiftly to confirm a successor for U.S. Supreme Court Justice Stephen Breyer, who is expected to formally announce his retirement Thursday.

  • January 26, 2022

    NY AG Seeks To Toss Trump's Challenge To Business Probe

    New York Attorney General Letitia James on Wednesday urged a New York federal court to toss former President Donald Trump's suit seeking to halt her investigations into his business activities and inquiring whether he inflated assets to reap financial benefits. 

  • January 26, 2022

    Chinese Investors Fight Proposed Axing Of EB-5 Fraud Suit

    A group of Chinese investors has urged a Florida district court to reject a magistrate's recommendation to permanently toss the investors' allegations that the developers of a Miami Beach hotel helped defraud them of millions they thought they were contributing to the project as part of a federal investment visa program.

  • January 26, 2022

    Trump NEPA Rule Fight Is A Non-Starter, 4th Circ. Told

    The U.S. Chamber of Commerce and other business groups on Tuesday urged the Fourth Circuit not to revive environmentalists' challenge to a Trump-era rule overhauling the National Environmental Policy Act, backing White House arguments that green groups can't fight a rule that hasn't been implemented.

  • January 26, 2022

    Meet The Possible Nominees For Justice Breyer's Seat

    President Joe Biden has promised to nominate the first-ever Black woman to the nation's highest court. Here we look at the contenders for Justice Stephen Breyer's seat, including one notable front-runner.

  • January 26, 2022

    9th Circ. Affirms Ex-IRS Atty's Tax Evasion Conviction

    The Ninth Circuit affirmed a former Internal Revenue Service attorney's tax evasion conviction Wednesday, finding a grand jury indictment was timely because the clock on the statute of limitations started when he committed his last evasive action, not his first. 

  • January 26, 2022

    Digital 9 Infrastructure Raises $128M Through Share Sale

    Digital 9 Infrastructure has raised £95.2 million ($128.4 million) through a sale of new shares, according to an announcement on Wednesday from the U.K. real estate investment trust.

Expert Analysis

  • How AI Can Transform Crisis Management In Litigation

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    Attorneys should understand how to use rapidly advancing artificial intelligence technology to help clients prepare for potential catastrophic events and the inevitable litigation arising from them, from predicting crises before they occur to testing legal theories once they arise, say Stratton Horres at Wilson Elser and David Steiger.

  • Takeaways From 6th Circ.'s RE Tax Foreclosure Ruling

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    The Sixth Circuit's recent decision in Lowry v. Southfield sheds light on when exactly real estate tax foreclosures can be avoided as fraudulent transfers, and could potentially impede municipalities' ability to collect unpaid property taxes through tax sales, says Scott Bernstein at Skolnick Legal Group.

  • Supervisor Relationships Are Key To Beating Atty Burnout

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    In order to combat record attorney turnover and high levels of burnout, law firm partners and leaders must build engaging relationships with supervisees, fostering autonomy and control, enabling expression of values, and building a sense of community and belonging, says Anne Brafford at the Institute for Well-Being in Law.

  • Libor Isn't Only Benchmark Transition That Requires Attention

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    The final publication of the Eleventh District Cost of Funds Index, used to price adjustable-rate mortgages, is less than two weeks away, and demands the same kind of commitment and process that has gone into replacing Libor to avoid costly delays and litigation, says Jeffrey Armstrong at Berkeley Research Group.

  • Gov't Contractor Takeaways From Biden's Clean Energy Order

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    Attorneys at Covington discuss how President Joe Biden's recent net-zero emissions pledge and related executive actions are changing the landscape of federal procurement, creating new opportunities and challenges for government contractors.

  • The Rising Demand For Commercial Litigators In 2022

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    Amid broken supply chains, pandemic-induced bankruptcies and a rise in regulation by litigation, strong commercial litigators — strategists who are adept in trying a range of tortious and contractual disputes — are becoming a must-have for many law firms, making this year an opportune moment to make the career switch, say Michael Ascher and Kimberly Donlon at Major Lindsey.

  • 2008 Crisis Offers Lessons For Oncoming Foreclosure Wave

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    Following the recent lifting of New York's pandemic-era foreclosure moratorium, courts will likely face a substantial influx of foreclosure filings — but the 2008 financial crisis can serve as a guide for both courts and practitioners on streamlining cases, says Christopher Gorman at Abrams Fensterman.

  • 6 Months On, Liability Lessons From Surfside Condo Collapse

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    The collapse of the Champlain South Tower in Surfside, Florida, and the ongoing litigation that has followed serve as a wakeup call to engineers and contractors, who should review best practices for communicating warning signs and negotiating liability-limiting contract clauses, says Adrien Pickard at Shapiro Lifschitz.

  • How In-House Counsel Can Make The Case For Settling Early

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    Following the recent settlement in McDonald's v. Easterbrook, in-house counsel should consider decision-tree analyses and values-driven communications plans to secure effective, early resolutions in litigation, saving time and money and moving the company mission forward, say Ronald Levine at Herrick Feinstein and Richard Torrenzano at The Torrenzano Group.

  • To Retain Talent, GCs Should Prioritize Mission Statements

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    With greater legal demands and an increasing number of workers resigning during the pandemic, general counsel should take steps to articulate their teams' values in departmental mission statements, which will help them better prioritize corporate values and attract and retain talent, says Catherine Kemnitz at Axiom.

  • Opportunities And Legal Implications In The Metaverse

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    Attorneys at Ropes & Gray explore the underlying technologies of Web3, discuss the concept of the metaverse and its commercial opportunities, and examine associated legal considerations, from trademark protection to the application of existing securities laws in decentralized, blockchain-based systems.

  • Recent Bias Suits Against Law Firms And Lessons For 2022

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    2021 employment discrimination case filings and developments show that law firms big and small are not immune from claims, and should serve as a reminder that the start of a new year is a good time to review and update salary, promotion and leave policies to mitigate litigation risks, says Hope Comisky at Griesing Law.

  • Using CARES Act To Preempt NY Rent Demand Rules

    Excerpt from Practical Guidance
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    Moving into 2022, many pandemic-era tenant protections have expired or will soon expire, but tenants in New York should keep in mind that the Coronavirus Aid, Relief and Economic Security Act provides viable protection against 14-day rent demands due to federal preemption of the Real Property Actions and Proceedings Law, says Andrew Darcy at Mobilization for Justice.

  • Associate Hiring Outlook At Law Firms Is Bright For 2022

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    After a year of extraordinary signing bonuses, nearly instantaneous offers and flexible work arrangements, strong demand for talented law firm associates will continue into 2022 — with some differences between East and West Coast markets — and junior attorneys should take steps to capitalize on the opportunity, say Ru Bhatt and Summer Eberhard at Major Lindsey.

  • Roundup

    The Most-Read Legal Industry Guest Articles Of 2021

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    Popular legal industry guest articles this year included commentary on the admissibility of video depositions, an unusual U.S. Supreme Court citation, the perils of lawyer perfectionism, and more.

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