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Real Estate
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July 28, 2025
Attys Behind Pot Biz Say No Default In $60M Loan Suit
A pair of attorneys with Loevy & Loevy have urged a New York federal court to throw out a lawsuit alleging they defaulted on and redirected funds from $60 million in loans for a cannabis development, saying a federal judge in New Jersey found in a related case that there was no default.
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July 28, 2025
Texas Resolution Seeks Vote On Lower Property Value Limits
Texas would ask voters if the state should amend its constitution to authorize lower limits on the maximum appraised value of residence homesteads and of real property other than homesteads for tax purposes under a joint resolution filed in the state House of Representatives during a special session.
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July 28, 2025
Buchalter Adds Pair Of Pacific Northwest Real Estate Attys
Buchalter PC has expanded its real estate practice group with two new shareholders in the Pacific Northwest, the firm said Monday.
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July 25, 2025
Pullman & Comley Didn't Flag 'Falsified' $16M Loan, Suit Says
Pullman & Comley LLC didn't discover that the executive director of a Connecticut municipal housing authority had allegedly forged a connected company's $16.2 million loan application before penning a letter claiming the deal appeared solid, the lender, who was not a client, has alleged in a lawsuit.
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July 25, 2025
Real Estate Recap: Private REITs, Farms, Crypto In Escrow?
Catch up on this past week's key developments by state from Law360 Real Estate Authority — including attorney perspectives on private real estate investment trusts, national security concerns raised by farmland and a recent California listing that could lead to the state's largest real estate deal using digital currency.
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July 25, 2025
Law Firm Can't Reshape Retrial In $26M Malpractice Case
A Brooklyn federal judge refused to change the parameters of upcoming retrial proceedings that could put Wachtel Missry LLP on the hook for a much greater share of a $26 million verdict for a former partner's alleged financial exploitation of an elderly client.
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July 25, 2025
Appeal Clock Starts After Restitution Determined, Panel Rules
In a precedential decision Friday, the Pennsylvania Superior Court held that a sentence involving restitution isn't final until the financial penalty is actually set, making that the date when the appellate clock starts ticking.
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July 25, 2025
NY Court Sides With Junior Investors In RMBS Trust Dispute
A New York state court resolved a dispute between bondholders in 34 residential mortgage-backed securities trusts about how to handle repayment of principal amounts deferred during the 2008 financial crisis, siding with junior bondholders after a 17-day bench trial.
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July 25, 2025
3 Firms Guide Canadian REIT's $410M IPO
Go Residential Real Estate Investment Trust began trading Friday after the newly created Canadian REIT priced a $410 million initial public offering at $15 per trust unit.
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July 25, 2025
Property Owner Claims Partner Failed To Develop SC Land
A South Carolina property owner sued its business partner in North Carolina federal court, accusing the company of failing to carry out its promise to develop about 75 acres of land after the county designated the area as historic.
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July 25, 2025
'Yellowstone' Creator's Ranch Dispute Heading Back To Trial
A Texas appeals court affirmed a finding that the former owner of a $10 million ranch knew about a roof leak before selling the property to "Yellowstone" creator Taylor Sheridan, but found there was insufficient evidence to back up a jury's damages award and ordered a new trial.
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July 25, 2025
Texas Farmer Not Owed For Border Wall Costs, 5th Circ. Says
A Texas farmer isn't owed compensation for a portion of the U.S.-Mexico border wall that the government built on her land in 2008, the Fifth Circuit ruled Thursday.
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July 25, 2025
Punitive Damages Denial Stands In Jack Nicklaus' Fla. Suit
A Florida state judge has rejected legendary golfer Jack Nicklaus' motion to reconsider the denial of a punitive damages claim in a defamation suit against a company Nicklaus founded and two of its officers.
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July 25, 2025
Charter School Funder Can Sell Business For $80M In Ch. 11
A Delaware bankruptcy judge on Friday allowed Charter School Capital Inc., a company that provides funding for charter schools across the country, to sell its business for $80 million, $15.5 million of that in cash.
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July 25, 2025
Towns Repeat Claims In Affordable Housing Suit, NJ Says
New Jersey urged a federal court to toss a suit brought by a coalition of nearly two dozen Garden State municipalities challenging a provision of the state's affordable housing framework, saying their claims are barred because the coalition previously brought the same claims in state court.
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July 25, 2025
Calif. County Denied Rehearing Over Timeshare Fee
A California county will not get a rehearing over a judgment that an annual fee the county charges to timeshare resort owners to give them each a value of their own properties for property tax purposes was excessive and, in fact, acted as a tax, an appellate panel ruled.
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July 25, 2025
Historic Conn. Soda Co., Ex-President Settle Unfair Lease Suit
The former president of a century-old Connecticut soft drink company has agreed to settle a lawsuit he filed in state court after he became a minority owner in the company following purchases of company stock by family members.
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July 25, 2025
Florida Court Blasts NY Judge's 'Shell Game' To Revive Suit
A Florida federal judge rejected a New York federal judge's two-paragraph request to revive his defamation suit against former members of a condominium board in a feud over renovations, finding that the New York judge's move to submit the brief himself while having legal counsel makes it look as if the two are "playing a kind of shell game."
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July 25, 2025
Calif. Landlord Files Ch. 11 With Over $50M In Debt
A company that owns an apartment building in California's Central Coast region has launched a Chapter 11 case with between $50 million and $100 million each in assets and liabilities.
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July 25, 2025
Feds Sell Fugitive Trader's $7M Mansion Decade After Charges
Massachusetts federal prosecutors said Friday that they have sold a $7.5 million mansion that belonged to a fugitive trader who was charged in 2015 with funneling $67 million in assets from his employer to himself.
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July 25, 2025
Latham, Sidley Advise Deal In $5B Power Infrastructure Push
Latham & Watkins LLP and Sidley Austin LLP advised ArcLight Capital Partners' acquisition of power developer and manager Advanced Power in an investment that could grow to more than $5 billion over the next five years based on AI and data center infrastructure demand.
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July 25, 2025
UK Litigation Roundup: Here's What You Missed In London
This past week in London has seen the owner of a £6 million ($8 million) mansion once rented by Adele sue real estate consultants Strutt & Parker, Romanian-Australian mining investor Vasile Frank Timis bring a claim against reputation and privacy firm Schillings, and a Chinese businessman bring a legal action against his former lawyer over an alleged £12.5 million mortgage fraud.
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July 24, 2025
Nonprofits Secure TRO In Challenge To New HUD Grant Rules
A Rhode Island federal judge Thursday granted a temporary restraining order to a coalition of nonprofit groups challenging new conditions for U.S. Department of Housing and Urban Development grants that target diversity, equity and inclusion programs; abortion access; and transgender individuals.
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July 24, 2025
Toxic Waste Site Owner Can't Sue After Guilty Plea, Court Told
The estates of two former owners of a Georgia chemical company accused of dumping toxic waste at a disused plant asked a federal judge this week to throw out a suit from the current property owner, arguing its hands are far from clean in the site's contamination after its principal's 2022 guilty plea for illegal dumping.
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July 24, 2025
Curaleaf Unit Sues Illinois Regulators Over Growhouse Permit
A subsidiary of cannabis giant Curaleaf, Compass Ventures Inc., is suing the Illinois Department of Agriculture for refusing to allow the company to expand its Montgomery County cannabis cultivation center with a 42,000-square-foot "hoop house," claiming the agency allowed at least two rivals to build similar structures in the past.
Expert Analysis
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Why NY May Want To Reconsider Its LLC Transparency Law
Against the backdrop of the myriad challenges to the federal Corporate Transparency Act, it may be prudent for New York to reconsider its adoption of the LLC Transparency Act, since it's unclear whether the Empire State's "baby-CTA" statute is still necessary or was passed prematurely, say attorneys at Pillsbury.
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Dewberry Ruling Is A Wakeup Call For Trademark Owners
The U.S. Supreme Court's decision in Dewberry v. Dewberry hones in on the question of how a defendant's affiliates' profits should be treated under the Lanham Act, and should remind trademark litigants and practitioners that issues involving monetary relief should be treated seriously, say attorneys at Finnegan.
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7 Tips For Associates To Thrive In Hybrid Work Environments
Excerpt from Practical Guidance
As the vast majority of law firms have embraced some type of hybrid work policy, associates should consider a few strategies to get the most out of both their in-person and remote workdays, says James Argionis at Cozen O’Connor.
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Series
Playing Beach Volleyball Makes Me A Better Lawyer
My commitment to beach volleyball has become integral to my performance as an attorney, with the sport continually reminding me that teamwork, perseverance, professionalism and stress management are essential to both undertakings, says Amy Drushal at Trenam.
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How GSA Lease Clauses May Affect DOGE Terminations
The Department of Government Efficiency has begun to cut the U.S. General Services Administration's enormous real estate portfolio, but some standard lease clauses include limits helpful to landlords that may slow progress toward the administration's cost-cutting goals, say attorneys at Pillsbury.
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Opinion
California Climate Lawsuit Bill Is Constitutionally Flawed
A bill in the California Legislature that would let victims of climate-related disasters like the Los Angeles wildfires sue oil and gas producers for spreading misinformation about climate change is too vague, retroactive and focused on one industry to survive constitutional scrutiny, says Kyla Christoffersen Powell at the Civil Justice Association of California.
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How Law Firms Can Counteract The Loneliness Epidemic
The legal industry is facing an urgent epidemic of loneliness, affecting lawyer well-being, productivity, retention and profitability, and law firm leaders should take concrete steps to encourage the development of genuine workplace connections, says Michelle Gomez at Littler and Gwen Mellor Romans at Herald Talent.
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5 Keys To Building Stronger Attorney-Client Relationships
Attorneys are often focused on being seen as the expert, but bonding with clients and prospects by sharing a few key personal details provides the basis for a caring, trusted and profoundly deeper business relationship, says Deb Feder at Feder Development.
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What SDNY Judge Can And Can't Do In Adams Case
The federal judge in the Southern District of New York overseeing the criminal case against New York City Mayor Eric Adams deferred making a decision on the government's motion to dismiss the indictment, and while he does have limited authority to deny the motion, that would ultimately be a futile gesture, says Ethan Greenberg at Anderson Kill.
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Notable Q4 Updates In Insurance Class Actions
In a continuation of trends in property and casualty insurance class actions, last quarter insurers struggled with defending the merits and class certification of sales tax and fee suits, and labor depreciation cases, but succeeded in dismissing privacy class actions at the pleading stages, says Mathew Drocton at BakerHostetler.
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The Current And Future State Of Bank-Fintech Partnerships
Though the Consumer Financial Protection Bureau under President Donald Trump seems likely to cultivate an environment friendlier to the financial services industry, bank-fintech partnerships should stay devoted to proactive compliance and be ready to adapt to regulatory shifts that may intensify scrutiny from enforcers, say attorneys at Greenberg Traurig.
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Series
Racing Corvettes Makes Me A Better Lawyer
The skills I use when racing Corvettes have enhanced my legal practice in several ways, because driving, like practicing law, requires precision, awareness and a good set of brakes — complete with the wisdom to know how and when to use them, says Kat Mateo at Olshan Frome.
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Opinion
Attorneys Must Act Now To Protect Judicial Independence
Given the Trump administration's recent moves threatening the independence of the judiciary, including efforts to impeach judges who ruled against executive actions, lawyers must protect the rule of law and resist attempts to dilute the judicial branch’s authority, says attorney Bhavleen Sabharwal.
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Rethinking 'No Comment' For Clients Facing Public Crises
“No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.
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How Design Thinking Can Help Lawyers Find Purpose In Work
Lawyers everywhere are feeling overwhelmed amid mass government layoffs, increasing political instability and a justice system stretched to its limits — but a design-thinking framework can help attorneys navigate this uncertainty and find meaning in their work, say law professors at the University of Michigan.