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Real Estate
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March 16, 2026
IRS' Easement Fraud Penalties Require Trial, 5th Circ. Told
The Internal Revenue Service violated the Seventh Amendment by imposing civil fraud penalties without a jury first reviewing them, a partnership told the Fifth Circuit, arguing the penalties' common-law roots allow the entity to invoke constitutional protections in its conservation easement tax deduction dispute.
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March 16, 2026
NC Seller Can't Duck $200M Apartment Complex Sale Suit
A North Carolina federal judge ruled that an apartment complex owner and affiliated entities can't avoid claims that they improperly held on to a potential buyer's deposit after environmental contamination thwarted a nearly $200 million deal to buy 10 properties.
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March 16, 2026
Catching Up With Delaware's Chancery Court
The Delaware Chancery Court's docket last week featured disputes including an $83.75 million settlement tied to a renewable energy merger, fraud claims in a fertilizer company acquisition and a developer's fight for control of a major Philadelphia redevelopment project.
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March 16, 2026
Public Storage Inks $10.5B Deal To Create Industry Giant
Public Storage Inc. said on March 16 it has agreed to acquire National Storage Affiliates Trust at an enterprise value of about $10.5 billion, with three law firms advising the REITs as they seek to create one of the largest self-storage platforms in the U.S.
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March 16, 2026
Senior Housing REIT Janus Living Seeks $703M From IPO
Senior housing-focused real estate investment trust Janus Living said Monday that it is seeking about $700 million in an initial public offering this week, advised by Latham & Watkins LLP and Sidley Austin LLP, that follows a carveout this year.
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March 13, 2026
Real Estate Recap: Iran, Investor Optimism, Construction Debt
Catch up on this past week's key developments by state from Law360 Real Estate Authority — including implications for the real estate sector from the war in Iran, what investors are saying about the market and specific asset classes, and a look at where construction debt is ballooning.
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March 13, 2026
Fla. Land Use Bill Passes With Controversy Quelled In Part
On the final day of their annual regular session, Florida lawmakers passed a bill that imposes a variety of preemptions on local governments' land use review after they removed parts that threatened Miami's Urban Development Boundary but left in a provision that clears a path for a controversial project in Miami Beach.
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March 13, 2026
Trump Orders Seek To Spur Home Building, Mortgage Access
President Donald Trump signed two executive orders Friday that seek to get rid of certain regulations, with the goal of making it easier to build affordable housing and obtain mortgages.
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March 13, 2026
Fed. Bill Would Transfer 860 Acres To Calif.'s Pechanga Band
A coalition of federal California lawmakers have introduced legislation that would transfer 860 acres from the U.S. Bureau of Land Management into trust for the Pechanga Band of Indians.
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March 13, 2026
GSA Pans Giving 'Unelected Judiciary' Sway Over Property
The federal government's landlord told the federal judiciary it is "ill equipped" to have direct authority to maintain its buildings.
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March 13, 2026
Walmart Says Pa. Store Didn't Break Grocery Sales Agreement
Walmart wants to throw out a neighboring property owner's claim that a Pittsburgh-area store breached the terms of a nearly 30-year-old easement agreement, arguing a lawsuit's allegation that it had been in violation of an agreement not to compete on grocery sales for years was too vague and too late.
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March 13, 2026
Nixon Peabody Adds RE Attys To SF, DC Offices
Nixon Peabody LLP has hired two veteran real estate attorneys for counsel roles in its San Francisco and Washington, D.C., locations, the firm announced.
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March 13, 2026
Esquire's $348M Signature Deal Bolsters Litigation Platform
Esquire Financial Holdings Inc. has agreed to buy the parent company of Signature Bank in a roughly $348.4 million deal that Esquire said will help expand its Chicago-area commercial banking presence and support growth of its litigation banking platform.
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March 12, 2026
ICE Ordered To Pause Detention Project Over Enviro Concerns
The U.S. Department of Homeland Security must halt the construction of a planned immigration detention facility in Maryland, a federal judge has ordered, saying that the department likely failed to take a "hard look" at the construction's potential environmental impact.
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March 12, 2026
Steep Senate Majority Passes Landmark Housing Bill
The U.S. Senate has passed landmark legislation aimed at boosting housing supply and cutting housing costs across the country, with steep bipartisan support despite concerns over a provision that stakeholders claim could undermine the "build-to-rent" sector.
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March 12, 2026
Holland & Knight's San Francisco Office Shifts Leadership
Holland & Knight LLP announced on Thursday that it has appointed a real estate finance attorney who co-chairs the firm's healthcare finance practice to take the reins of its San Francisco office.
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March 12, 2026
TV Network Founder, IRS Seek Settlement In $18M Tax Case
The owner of a broadcasting company whose deal to sell $75 million in assets fell through is headed to settlement negotiations with the federal government over $18 million in taxes related to his father's estate, according to Michigan federal court filings.
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March 12, 2026
Fed. Circ. Won't Revive Buy Belize Scam Case
The Federal Circuit on Thursday backed a lower court ruling that tossed a suit filed by investors who claimed the Maryland federal court wrongfully refused to return seized assets that were taken to satisfy its $120.2 million judgment for the federal government's real estate fraud suit.
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March 12, 2026
Pot Landlord's Suit Against Town Over Revocation Trimmed
A Michigan federal judge dismissed most claims against a Royal Oak Township official and a government contractor in a suit from a cannabis real estate business alleging its licenses were wrongly revoked.
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March 12, 2026
NM Bars Local Gov'ts From Levying Tax On Child Care Homes
New Mexico barred local governments from imposing certain taxes on registered child care homes under a bill signed by the governor.
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March 11, 2026
PacifiCorp Owes More Than $53M In Latest Wildfire Verdict
An Oregon state jury has awarded $53.4 million in noneconomic damages in the latest trial over wildfires PacifiCorp was found liable for starting around the state on Labor Day 2020, including awards to a couple who owned an excavation company.
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March 11, 2026
Dem Lawmakers Dispute Economics Of Arctic Oil Leasing
Democratic lawmakers in the U.S. Senate and House have condemned the Trump administration's plans to auction off lands within the Arctic National Wildlife Refuge to oil and gas companies, saying there is no economic interest to be gained from drilling.
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March 11, 2026
Florida Man Can Proceed With $13M Home Straw Buyer Suit
A home seller can pursue claims he would not have sold his Miami Beach property for $13 million had he known it was going to a straw buyer planning to flip the property a year later, a Florida appeals court ruled Wednesday, reviving part of the resident's lawsuit.
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March 11, 2026
MV Realty Settles Mass. AG's Predatory Mortgage Claims
Real estate lender MV Realty's Massachusetts subsidiary and owners have agreed to discharge and release what the state's attorney general has called predatory mortgages peddled to vulnerable homeowners, resolving a 2022 lawsuit against the company.
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March 11, 2026
White & Case Blasts Bid To Quit CBRM Ch. 11
The troubled tale of New Jersey-based apartment building owner CBRM Realty Inc. has taken another turn as White & Case LLP objected to a move by the debtor's wind-down officer to resign.
Expert Analysis
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AI Evidence Rule Tweaks Encourage Judicial Guardrails
Recent additions to a committee note on proposed Rule of Evidence 707 — governing evidence generated by artificial intelligence — seek to mitigate potential dangers that may arise once machine outputs are introduced at trial, encouraging judges to perform critical gatekeeping functions, say attorneys at Lankler Siffert & Wohl.
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Where Things Stand At The CFPB As Funding Dries Up
The Consumer Financial Protection Bureau is on pace to run out of funding in the new year, threatening current and future rulemaking efforts, but a rapid series of recent actions still carries significant implications for regulated entities and warrants careful monitoring in the remaining weeks of the year, say attorneys at Brownstein Hyatt.
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Series
The Law Firm Merger Diaries: Getting The Message Across
Communications and brand strategy during a law firm merger represent a crucial thread that runs through every stage of a combination and should include clear messaging, leverage modern marketing tools and embrace the chance to evolve, says Ashley Horne at Womble Bond.
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Steps For Cos. To Comply With Colo. Deceptive Pricing Law
Colorado's newly passed law protecting against deceptive pricing practices will take effect on Jan. 1, broadening the consumer protection framework and standardizing total price disclosure requirements across a variety of industries, and there are several steps businesses can take to comply, say attorneys at Haynes Boone.
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Opinion
Horizontal Stare Decisis Should Not Be Casually Discarded
Eliminating the so-called law of the circuit doctrine — as recently proposed by a Fifth Circuit judge, echoing Justice Neil Gorsuch’s concurrence in Loper Bright — would undermine public confidence in the judiciary’s independence and create costly uncertainty for litigants, says Lawrence Bluestone at Genova Burns.
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10 Commandments For Agentic AI Tools In The Legal Industry
Though agentic artificial intelligence has demonstrated significant promise for optimizing legal work, it presents numerous risks, so specific ethical obligations should be built into the knowledge base of every agentic AI tool used in the legal industry, says Steven Cordero at Akerman LLP.
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Class Actions At The Circuit Courts: December Lessons
In this month's review of class action appeals, Mitchell Engel at Shook Hardy discusses recent rulings and identifies practice tips from cases involving securities, takings, automobile insurance, and wage and hour claims.
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Opinion
California Vapor Intrusion Policy Should Focus On Site Risks
As California environmental regulators consider whether to change the attenuation factor used in screenings for vapor intrusion, the most prudent path forward is to keep the current value for screening purposes, while using site-specific, risk-based numbers for cleanup and closure targets, says Thierry Montoya at Frost Brown.
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Series
Preaching Makes Me A Better Lawyer
Becoming a Gospel preacher has enhanced my success as a trial lawyer by teaching me the importance of credibility, relatability, persuasiveness and thorough preparation for my congregants, the same skills needed with judges and juries in the courtroom, says Reginald Harris at Stinson.
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Series
Law School's Missed Lessons: Practicing Client-Led Litigation
New litigators can better help their corporate clients achieve their overall objectives when they move beyond simply fighting for legal victory to a client-led approach that resolves the legal dispute while balancing the company's competing out-of-court priorities, says Chelsea Ireland at Cohen Ziffer.
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Series
The Law Firm Merger Diaries: How To Build On Cultural Fit
Law firm mergers should start with people, then move to strategy: A two-level screening that puts finding a cultural fit at the pinnacle of the process can unearth shared values that are instrumental to deciding to move forward with a combination, says Matthew Madsen at Harrison.
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'Measure Twice, Cut Once' Also Applies To Builders' Insurance
A New York federal court's recent decision in Ohio Security Insurance v. Southwest Marine and General Insurance, denying additional insured coverage, shows why it's key to apply the caution of "measure twice, cut once" to construction contracts and insurance policy language, say attorneys at Reed Smith.
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What CFPB Disparate Impact Proposal Means For Lenders
Should the Consumer Financial Protection Bureau's reasoning for making proposed changes to the Equal Credit Opportunity Act — and the bureau itself — survive, lenders and other participants in the consumer finance industry may see a reduced emphasis on protected characteristics, say attorneys at Saul Ewing.
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Considerations When Invoking The Common-Interest Privilege
To successfully leverage the common-interest doctrine in a multiparty transaction or complex litigation, practitioners should be able to demonstrate that the parties intended for it to apply, that an underlying privilege like attorney-client has attached, and guard against disclosures that could waive privilege and defeat its purpose, say attorneys at DLA Piper.
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Series
The Law Firm Merger Diaries: Making The Case To Combine
When making the decision to merge, law firm leaders must factor in strategic alignment, cultural compatibility and leadership commitment in order to build a compelling case for combining firms to achieve shared goals and long-term success, says Kevin McLaughlin at UB Greensfelder.