Rockwood has reportedly joined Deutsche Bank on a $365 million CMBS Manhattan loan, Kushner Cos. reportedly will need to renegotiate a $285 million New York loan with Deutsche and Landmark Cos. is said to have dropped $30 million on a Florida apartment complex.
A Florida state appeals court ruled Friday that a lower court erred when it applied an exception to a general rule against awarding attorneys' fees incurred litigating the amount of a fees award and made such an award to a homeowner who prevailed in a mortgage foreclosure suit.
The principals of two mortgage relief law firms targeted in a Consumer Financial Protection Bureau lawsuit have asked a Wisconsin federal judge to take back a $59 million judgment he awarded the agency to end the case, a conclusion they said could be upended by two pending U.S. Supreme Court appeals.
A bid to vacate a $9 million costs award issued in a dispute over a $200 million investment deal involving a Chinese real estate developer is a "Hail Mary" based on a "fictitious" account of the underlying arbitration, a pair of venture capital funds argued in California federal court.
Developer Real Estate Equities has landed $79.1 million in financing for a Manhattan mixed-use project from Madison Realty Capital and South Korea-based financial services firm Hana Financial Group, according to a Friday announcement from Madison Realty.
A Lloyd’s of London unit isn’t responsible for covering a developer’s $3.5 million judgment over a subcontractor employee’s death, as a previous settlement with the employee’s parents barred the pursuit of further claims, an Arizona federal judge ruled Friday.
Spencer Fane LLP has announced it will add nine attorneys to its Plano, Texas, office from the Dallas firm Hiersche Hayward Drakeley & Urbach PC, which is shuttering.
Eleven firms are set to steer six initial public offerings that could raise $616 million in the week of Nov. 18 — the market's last full week before the Thanksgiving break — led by a real estate investment trust, a cryptocurrency miner and two acquisition-hungry blank check companies.
SBB is offering to buy fellow Sweden-based real estate firm Hemfosa for 23.5 billion Swedish krona ($2.44 billion), the companies said Friday, and Cederquist is advising Hemfosa's board of directors on the offer, which would create the fourth-largest Nordic real estate firm.
A developer accused of defrauding foreign investors in a Vermont EB-5 project shouldn’t be able to move the case out of state, federal prosecutors said Thursday, arguing that media coverage has been fair and the risk of prejudicing a jury in the upcoming trial is low.
President Donald Trump asked the U.S. Supreme Court on Friday to pause the enforcement of a subpoena by the House Oversight and Reform Committee seeking eight years of his business records from his longtime accounting firm, according to his attorney.
The Seminole Tribe of Florida invoked its sovereign immunity in calling Thursday for a federal court to toss a Haitian Baptist church's lawsuit alleging several armed tribal police officers helped the widow of a former pastor seize control of its property and lock out church members.
The past week in London has seen Libya's sovereign wealth fund sue Credit Suisse amid a long-running bribery battle, retailer Sports Direct take on its former accountant Grant Thornton, and a host of underwriters file claims against a shipowner and its bank a month after winning a case over a fake pirate attack. Here, Law360 looks at those and other new claims in the U.K.
Investors who targeted big banks with bond price-fixing claims have nabbed a third settlement in the sprawling litigation, telling a New York federal judge Thursday that they’ve reached a $20 million deal with Goldman Sachs.
A Ninth Circuit judge on Thursday criticized the U.S. Justice Department's efforts to end a whistleblower's False Claims Act suit against Academy Mortgage Corp., saying the DOJ "probably made a mistake" by seeking the interlocutory appeal and should have instead tried to satisfy the district court's concerns about dismissal.
A Manhattan federal judge waived off a bid to stall discovery in fraud litigation brought by owners of luxury hotel units in Panama after they argued that President Donald Trump's management companies had violated a previously-agreed-upon pause.
An Illinois federal judge said Wednesday that a National Fair Housing Alliance action against Deutsche Bank over alleged neglect of foreclosed homes in minority neighborhoods would be allowed to proceed, but he found that the NFHA could not pursue all of the damages claims it included in its suit.
Timeshare company Bluegreen Vacations has slapped a Missouri law firm with a false advertising lawsuit in Florida federal court, claiming it can’t legally make good on its promise to help share owners cancel their timeshare contracts.
Two developers and their owners have alleged in North Dakota federal court that a construction company hasn't properly compensated them for subcontracting work done on a project to build a pair of parking garages.
The Mexican state of Veracruz can continue pursuing claims against a couple it says pilfered $100 million from government coffers, a Texas appellate court ruled on Thursday, denying the couple's bid to use a Texas free speech law to end the suit.
President Donald Trump asked the U.S. Supreme Court on Thursday to find that he has “absolute immunity” from criminal investigations while president and to block the Manhattan district attorney's subpoena of tax and financial records from his accounting firm.
A Dream Hotels venture has reportedly sold a Chicago property at a loss for $13 million, Zaragon is said to have dropped $12 million on a former USA Today distribution site in Florida, and a financing arm of Carlyle Group and Slate Property is said to have loaned $44 million for a Manhattan development site.
Developers of the $1 billion PennEast pipeline said Thursday they will seek U.S. Supreme Court review of the Third Circuit's ruling that PennEast can't seize New Jersey-owned land for the project, claiming the decision threatens to stymie gas development nationwide.
Jones Lang LaSalle has arranged $119.3 million in construction financing for a 230,000-square-foot office development in West Los Angeles, the firm said Thursday.
The U.S. Department of Justice announced Thursday that a former Deutsche Bank trader will pay $500,000 to settle allegations that he misled investors about the quality of loans underlying two residential mortgage-backed securities in the lead-up to the financial crisis.
It is essential that property owners, contractors and their lawyers understand the key distinctions between warranties and guaranties, and are mindful of these distinctions when drafting and enforcing prime construction contracts or subcontracts, says Michael Scheffler of Blank Rome.
As Texas and other states review their judicial election processes, they would be well served by taking guidance from Massachusetts' Governor’s Council system, which protects the judiciary from the hazards of campaigning, says Richard Baker of New England Intellectual Property.
Reading Jeffrey Rosen’s "Conversations With RBG: Ruth Bader Ginsburg on Life, Love, Liberty, and Law" is like eavesdropping on the author and his subject while they discuss how the restrained judicial minimalist became the fiery leader of the opposition, says Ninth Circuit Judge M. Margaret McKeown.
Transactional attorneys should consider consulting with litigation counsel when drafting certain contractual provisions — choice of law, choice of forum, attorney fees and others — that could come into play in a broad range of substantive disputes, says Adrienne Koch at Katsky Korins.
The tension between the rights of landowners and pipeline developers has come to a head in two federal appellate courts and a Federal Energy Regulatory Commission announcement, muddling the historical clarity of Natural Gas Act eminent domain authority, say attorneys at K&L Gates.
The U.S. Supreme Court recently agreed to review Liu v. U.S. Securities and Exchange Commission, which challenges the SEC's ability to obtain disgorgement from federal courts, and has the potential to significantly restrict the regulator's enforcement power, say attorneys at Cleary.
Replacing hourly billing with flat-fee arrangements, especially for appellate work, will leave attorneys feeling free to spend as much time as necessary to produce their highest quality work, says Lawrence Ebner of Capital Appellate Advocacy.
Although the Federal Rules of Civil Procedure were amended to provide a uniform standard of culpability for spoliation, cases with similar facts are still reaching differing results because the rule does not specify how a court should evaluate a party's intent, say attorneys at Pepper Hamilton.
Over the course of the U.S. Securities and Exchange Commission's recently ended fiscal year, the regulator's Division of Enforcement fulfilled its promise to emphasize quality over quantity in cases alleging misrepresentations of financial performance by covering a wide swath of accounting, disclosure, internal control and auditor independence issues, say attorneys at Perkins Coie.
Requests for proposals, the standard tool of companies evaluating law firms, are becoming better suited to the legal industry, says Matthew Prinn of RFP Advisory Group.
In Tornetta v. Musk and the BGC Partners Derivative Litigation, the Delaware Chancery Court has reaffirmed that concerns over controlling stockholders may be valid even when the controller didn't intend to exercise coercive influence, independent directors negotiated a transaction, or stockholders approved the transaction, say attorneys at Fried Frank.
Comments on the U.S. Department of the Treasury's proposed regulations to expand and modernize the Committee on Foreign Investment in the United States offer insight into investment community concerns and questions, as well as alternatives that would affect U.S. and foreign entities alike, say attorneys at Simpson Thacher.
My parents' contentious, drawn-out divorce was one of the worst experiences of my life. But it taught me how to be resilient — and ultimately led me to leave corporate litigation for a career in family law, helping other families during their own difficult times, says Sheryl Seiden of Seiden Family Law.
Two noteworthy state court decisions and a new worker classification law are among recent developments in California that affect housing and real estate law. Notably, they mirror issues roiling other legal practice areas, says Mark Loeterman of Signature Resolution.
A more measured alternative to New York City's recently proposed biometric data regulation law would require residential building owners to provide the city with information about their biometric information gathering practices, says Stuart Brotman of the Woodrow Wilson International Center for Scholars.