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Real Estate
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December 05, 2025
Office Owner SL Green Targets NYC Assets With $1.3B Fund
Office landlord SL Green Realty Corp. said Friday that it has closed a $1.3 billion oversubscribed fund targeting assets in New York City.
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December 04, 2025
Dems Press CFPB's Vought On Mortgage Rate Shutdown Plan
Senate Democrats are demanding clarity on the fate of the Consumer Financial Protection Bureau's benchmark mortgage-rate work if the Trump administration lets the agency go dark, warning of imminent potential chaos for the $13 trillion mortgage market.
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December 04, 2025
Miami Resident Claims City Extorts Land For Permits
A Miami resident told a Florida state court that the city is subverting the eminent domain process by unconstitutionally extorting land from homeowners in exchange for building permits.
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December 04, 2025
OFAC Fines Real Estate Firm $7M Over Sanctions Violations
The Department of the Treasury's Office of Foreign Assets Control fined a New York property management company more than $7 million for allegedly violating Russian sanctions by receiving payments on behalf of a company owned by a sanctioned Russian oligarch.
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December 04, 2025
Workers Snag Partial Collective In Management Co. OT Suit
Three workers can proceed as a limited collective in their suit accusing a land management company of cheating them out of overtime pay, a Maryland federal judge ruled, saying that they failed to support their claims on a nationwide basis.
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December 04, 2025
Gov't Watchdog To Probe FHFA Mortgage Fraud Referrals
The Government Accountability Office will review whether Federal Housing Finance Agency Director William Pulte weaponized mortgage fraud investigations against the president's perceived political opponents and flouted the agency's typical investigation process.
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December 04, 2025
Mt. Hawley Nabs Full Win In Citibank Landlord's Coverage Bid
A New York federal court handed Mt. Hawley Insurance Co. a complete win over a Bronx property owner's claim that the insurer had a duty to defend it from a suit brought by a security guard who tripped in a Citibank parking lot.
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December 04, 2025
Judge OKs Plan Disclosures For AmeriFirst In Ch. 11
A Delaware bankruptcy judge agreed Thursday to grant conditional approval for bankruptcy mortgage servicer AmeriFirst's disclosure statement outlining its Chapter 11 plan, finding the objections raised by the U.S. Trustee's Office are best reserved for the plan confirmation hearing.
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December 04, 2025
Goldberg Segalla Adds New Special Counsel To NYC Office
Goldberg Segalla LLP has hired an experienced commercial litigation attorney as special counsel for its real estate litigation and title disputes team in New York City, the firm recently announced.
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December 04, 2025
Mortgage Insurer Inks $650K Deal To End ERISA Suit
A mortgage insurance company has agreed to pay $650,000 to close a worker's proposed class action filed in North Carolina federal court claiming its mismanagement of an employee retirement profit sharing plan caused a $1.3 million loss.
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December 04, 2025
NAR Says Realtor Rule Changes Not Relevant To Antitrust Suit
The National Association of Realtors and local Realtor groups at the center of a proposed class action have urged a Michigan federal court not to allow real estate brokers and agents to bring recent NAR handbook changes before the court in their antitrust suit.
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December 04, 2025
KKR-Led Group Sells Stake In Tokyo Hotel, Plus More Rumors
A group led by private equity behemoth KKR sold its stake in a luxury Tokyo hotel for $800 million, Blackstone is considering dropping its bid for British self-storage company Big Yellow Group, and Australian metals and mining company BHP Group offered to buy British mining company Anglo American for £40 billion ($53 billion) before nixing its offer.
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December 03, 2025
Chats Show Ex-NY Gov Aide Was Tight With Chinese Officials
Jurors weighing the fate of a former aide to two New York governors have seen a raft of chats and other documents over several days that the feds say support their case alleging she violated the Foreign Agents Registration Act, including communications that seem to suggest she had a close working relationship with several Chinese government officials.
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December 03, 2025
Cities, Groups Fight Changes To HUD Homeless Housing Grant
The U.S. Department of Housing and Urban Development unlawfully introduced "drastic" changes to grants under a federal program to combat homelessness, a coalition of local governments and homelessness service providers has alleged in a suit filed in Rhode Island federal court.
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December 03, 2025
Citibank Says Developer Can't Blame It For $45M Wire Scam
Citibank NA has urged a California federal judge to toss a suit by a real estate developer who accidentally wired $45 million in home-purchase funds to a fraudster after receiving spoofed escrow emails.
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December 03, 2025
Mich. Judge Tosses Crypto Cos' $6.8M Travelers Fire Suit
A Michigan federal judge on Wednesday dismissed a lawsuit from two cryptocurrency mining companies that alleged Travelers Insurance Co. and Northfield Insurance Co. exacerbated their building's fire loss through the claim handling process, finding the issues in this case were fully litigated in a separate action in which the insurance policy was deemed void.
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December 03, 2025
Monitor Will Stay In Place In $1B Broad Street Fraud Case
A private equity firm accused by the U.S. Securities and Exchange Commission of defrauding investors in a $1 billion fund lost its bid Wednesday to discharge the court-appointed monitor overseeing its books when a Florida federal judge rejected arguments that the monitor was acting in bad faith.
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December 03, 2025
UMB Bank Gets Partial Win In $80M Hard Rock Hotel Dispute
UMB Bank NA has been granted wins on some of its claims in a suit regarding a failed $80 million Hard Rock Hotel development project, with a Kansas federal court ruling that claims it did not properly reimburse the project developer's costs have already been decided in Minnesota court.
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December 03, 2025
Landlord Can't Nix $4M Jury Award Over Mugging, Shooting
A Florida appeals panel on Wednesday affirmed a $4 million judgment in favor of a renter who alleged that his landlord failed to protect him from a mugging in which he was shot four times, finding that the issue of whether the incident was foreseeable was properly put in front of a jury.
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December 03, 2025
Wisconsin Village Loses Bid to Block Oneida Land Trust
A federal court judge affirmed an Interior Department decision to place 500 acres of properties into a trust for the Oneida Nation, rejecting claims by a Wisconsin village that the transfers were based on a biased administrative process that wiped out its municipal authority.
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December 03, 2025
MVP: Sullivan & Cromwell's Ralston Turbeville
Ralston Turbeville, a partner in Sullivan & Cromwell's real estate practice, guided Tishman Speyer's $3.5 billion refinancing of Rockefeller Center as well as the company's $2.85 billion refinancing of the Spiral in Hudson Yards, earning him a spot as one of the 2025 Law360 Real Estate MVPs.
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December 03, 2025
Greystar Reaches $24M Deal With Gov't In 'Hidden' Fees Suit
The major multifamily landlord Greystar, along with the Federal Trade Commission and the state of Colorado, asked a federal court to approve their $24 million settlement to end a lawsuit alleging the company wrongfully charged tenants "hidden" fees.
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December 03, 2025
Texas Firm Polunsky Beitel Hires Mortgage-Focused Tech Chief
Texas law firm Polunsky Beitel & Green LLP has announced the hiring of a former technology lead at Codvo.ai and Wells Fargo as its chief technology officer, as it seeks to expand its use of artificial intelligence and automation.
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December 03, 2025
2 Firms Advise As Marvell Inks Up To $5.5B Celestial AI Deal
Wilson Sonsini Goodrich & Rosati PC and Latham & Watkins LLP are advising Marvell Technology and Celestial AI, respectively, on an up to $5.5 billion deal that will expand Marvell's position in high-speed connectivity for artificial intelligence data centers.
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December 03, 2025
9th Circ. Asked To Reconsider Idaho Land Swap Decision
The U.S. Department of the Interior and J.R. Simplot Co. are asking the Ninth Circuit to reconsider a decision to invalidate an Idaho land transfer for the expansion of a phosphogypsum plant, arguing that the panel's conclusion flouts Supreme Court precedent and defies federal land management policy's text and central aim.
Expert Analysis
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Assessing Strategies For Mixed-Use Pro Sports Projects
Counsel managing mixed-use sports and entertainment districts must combine expertise ranging from stadium-arena finance to municipal law to public relations into a unified strategy, and a series of practice tips can aid project management from inception to completion, say attorneys at Katten.
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Lessons From 7th Circ.'s Deleted Chat Sanctions Ruling
The Seventh Circuit’s recent decision in Pable v. Chicago Transit Authority, affirming the dismissal of an ex-employee’s retaliation claims, highlights the importance of properly handling the preservation of ephemeral messages and clarifies key sanctions issues, says Philip Favro at Favro Law.
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Series
Quilting Makes Me A Better Lawyer
Turning intricate patterns of fabric and thread into quilts has taught me that craftsmanship, creative problem-solving and dedication to incremental progress are essential to creating something lasting that will help another person — just like in law, says Veronica McMillan at Kramon & Graham.
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5 Critical Changes Coming To Bankruptcy Rule 3002.1
Residential mortgage lenders and servicers should prepare for significant amendments to Bankruptcy Rule 3002.1 taking effect this December that will impose new filing requirements, codify how creditors handle untimely payment change notices and allow debtors to request status updates, say attorneys at Bradley Arant.
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What 2 Profs Noticed As Transactional Law Students Used AI
After a semester using generative artificial intelligence tools with students in an entrepreneurship law clinic, we came away with numerous observations about the opportunities and challenges such tools present to new transactional lawyers, say professors at Cornell Law School.
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Rebuttal
BigLaw Settlements Should Not Spur Ethics Deregulation
A recent Law360 op-ed argued that loosening law firm funding restrictions would make BigLaw firms less inclined to settle with the Trump administration, but deregulating legal financing ethics may well prove to be not merely ineffective, but counterproductive, says Laurel Kilgour at the American Economic Liberties Project.
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5 Ways Lawyers Can Earn Back The Public's Trust
Amid salacious headlines about lawyers behaving badly and recent polls showing the public’s increasingly unfavorable view of attorneys, we must make meaningful changes to our culture to rebuild trust in the legal system, says Carl Taylor at Carl Taylor Law.
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Series
Hiking Makes Me A Better Lawyer
On the trail, I have thought often about the parallels between hiking and high-stakes patent litigation, and why strategizing, preparation, perseverance and joy are important skills for success in both endeavors, says Barbara Fiacco at Foley Hoag.
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Opportunity Zone Overhaul Is Good News For Investors
Recently enacted reforms making the qualified opportunity zone program permanent, restoring the basis step-up for capital gains and adding flexibility to the zone designation process enhance the program’s appeal for long-term investment, says Steven Hadjilogiou at McDermott.
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Series
Law School's Missed Lessons: Negotiation Skills
I took one negotiation course in law school, but most of the techniques I rely on today I learned in practice, where I've discovered that the process is less about tricks or tactics, and more about clarity, preparation and communication, says Grant Schrantz at Haug Barron.
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Conflicting Developments In Homelessness Legal Landscape
Looking at an executive order and Third Circuit opinion from last month highlights the ongoing tension in homelessness-related legal issues facing state and local governments, property owners, and individuals experiencing homelessness, says Josh Collins, an attorney for the City of South Salt Lake.
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Opinion
Bar Exam Reform Must Expand Beyond A Single Updated Test
Recently released information about the National Conference of Bar Examiners’ new NextGen Uniform Bar Exam highlights why a single test is not ideal for measuring newly licensed lawyers’ competency, demonstrating the need for collaborative development, implementation and reform processes, says Gregory Bordelon at Suffolk University.
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Texas High Court Decision Could Reshape Contract Damages
The Texas Supreme Court recently held that an order of specific performance for a real property transaction doesn't preclude a damage award, establishing a damages test for this scenario while placing the onus on lower courts to correctly determine the proper remedies and quantum of damages, say attorneys at Fried Frank.
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A Simple Way Courts Can Help Attys Avoid AI Hallucinations
As attorneys increasingly rely on generative artificial intelligence for legal research, courts should consider expanding online quality control programs to flag potential hallucinations — permitting counsel to correct mistakes and sparing judges the burden of imposing sanctions, say attorneys at Lankler Siffert & Wohl and Connors.
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New NY Residential Real Estate Rules May Be Overbroad
New legislation imposing a 90-day-waiting period and tax deduction restrictions on certain New York real estate investors may have broad effects and unintended consequences, creating impediments for a wide range of corporate and other transactions, says Libin Zhang at Fried Frank.