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Real Estate
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May 19, 2025
NC Gov. Tacks On $891M To Hurricane Recovery Plan
North Carolina Gov. Josh Stein on Monday recommended adding $891 million to the funds earmarked for Hurricane Helene recovery efforts in the western region of the state, the largest chunk of which would go toward rebuilding the economy with small business loans and tourism promotion.
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May 19, 2025
Polsinelli Lands Latham Real Estate Pro In Los Angeles
In response to growing client demand, Polsinelli PC has added a former Latham & Watkins LLP partner with decades of experience to its real estate practice in Los Angeles, the firm announced Monday.
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May 19, 2025
Latham, A&O Shearman Guide $3B AI Manufacturing Deal
Latham & Watkins LLP and Allen Overy Shearman Sterling advised AMD on a $3 billion deal to sell its ZT Systems data center infrastructure manufacturing business to U.S.-based Sanmina in an agreement to expand domestic production for AMD's artificial intelligence offerings.
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May 19, 2025
Weil Hires Kirkland Real Estate Atty In New York
Weil Gotshal & Manges LLP announced Monday that a former Kirkland & Ellis LLP real estate partner has joined the firm's New York office.
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May 16, 2025
Real Estate Recap: Gold Card, Hospitality, Revolving Door
Catch up on this past week's key developments by state from Law360 Real Estate Authority — including attorney insights into the "Gold Card" visa program, the hospitality sector's reaction to tariffs, and the path from in-house attorney to private practice.
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May 16, 2025
Wash. Tribe Can't Ax Wildlife Refuge Protection Suit
The Jamestown S'Klallam Tribe of Washington state is not a necessary party to an environmental lawsuit aimed at ensuring the U.S. Fish and Wildlife Service complies with rules governing the tribe's proposed aquaculture operation along the Dungeness National Wildlife Refuge boundary, a federal judge has ruled.
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May 16, 2025
Feds Defend Oneida Nation's 500-Acre Land Trust Decisions
The Interior Department says a Wisconsin town's bid to vacate decisions to take 500 acres into trust for the Oneida Nation is meritless, telling a federal court that the municipality fails to meet its Administrative Procedure Act burden to show any bias stemming from the agreement.
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May 16, 2025
Judge Orders Feds To Answer Navy Housing Suit Questions
A Court of Federal Claims judge ordered the U.S. government to answer requests for admissions it refused to respond to in litigation alleging that it reduced housing stipends and breached contracts with companies that agreed to provide housing to U.S. Navy service members.
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May 16, 2025
RI City Outlaws Rent-Fixing As Feds Consider Ban On AI Regs
Providence, Rhode Island, joined the growing list of cities nationwide that have banned landlords from using algorithmic price-fixing technology for setting residential rents, saying that software sold by RealPage and similar companies is exacerbating an affordability crisis.
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May 16, 2025
Food Co. Says Partner Owes $5M In Back Rent On Warehouse
A dietary supplement maker sued its partner on a lease for a Denver-area warehouse, claiming the other company failed to make a single payment after they agreed to split the 10-year lease in 2021.
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May 16, 2025
Full Pa. Court OKs Panel's Nix Of Tax On Real Estate Transfer
A panel of Pennsylvania appellate judges properly ruled that a state board wrongfully imposed a real estate transfer tax on the transfer of a partnership interest in a real estate company from one trust to another, the court ruled en banc.
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May 16, 2025
PHP Ups Takeover Offer For Assura To £1.7B
Real estate investment manager Primary Health Properties PLC on Friday announced an increased proposal to acquire property manager Assura in a cash and stock deal valued at approximately £1.7 billion ($2.25 billion).
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May 16, 2025
Susan Sarandon, Contractor End Dispute Over Vt. Home
Hollywood actress Susan Sarandon has resolved a dispute with a contractor that oversaw construction and maintenance for her $2 million sustainable Vermont retreat, which featured a geothermal heating system she claimed was less efficient due to missing insulation, according to a filing in Massachusetts federal court.
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May 16, 2025
RV Camp Part-Owner Wins Battle In Ongoing Ownership Fight
The North Carolina Business Court ruled that the part-owner of an RV and cabin campsite did not actually transfer her interest in the individual units at that camp to a development company she helped create before her relationship with that firm and her business partners soured.
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May 15, 2025
Wis. Tribe Urges Army Corps To Reject Enbridge Line 5 Permit
Members of a Wisconsin tribe are urging the U.S. Army Corps of Engineers to deny Enbridge Energy Inc. a permit that will allow it to reroute its Line 5 pipeline around and upstream its reservation, arguing that, if allowed, hundreds of downstream wetlands and streams would be polluted by the project.
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May 15, 2025
Ore. Tribe Looks To Redefine Columbia Basin Fishing Rights
An Oregon tribe is asking a federal court to open up a decades-old case that reserved fishing rights for the state's Indigenous nations, arguing that it must redefine the nature and scope of its off-reservation rights in order to obtain a fair share of the Columbia Basin's resources.
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May 15, 2025
Investor Makes Deal With PE Fund In Fla. Suit Alleging Fraud
A Texas accountant has lodged a federal complaint alleging a Florida-based CEO of a private equity fund and two executives refused to return $1 million of his life savings after buying securities that produced virtually no income, although the parties on Thursday struck a tentative deal to have the lawsuit tossed.
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May 15, 2025
Lennar Workers Should Arbitrate 401(k) Suit, Judge Says
Current and former Lennar Corp. employees should have to individually arbitrate a proposed class action claiming the construction company loaded its 401(k) plan with excessive fees and lackluster investment options, a Florida federal magistrate judge recommended, finding the plan's arbitration provision doesn't conflict with federal benefits law.
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May 15, 2025
Troutman Adds K&L Gates CMBS Partner In NC
Troutman Pepper Locke LLP announced it has hired Christopher J. Fernandez from K&L Gates LLP as a partner in its bankruptcy and restructuring practice group in Charlotte, North Carolina.
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May 15, 2025
Ohio Court Upholds Home's $450K Value Based On Sale
The Ohio tax appeals board didn't err in determining that a couple's home was correctly assessed at $450,000 based on its 2020 sale price, a state appeals court said in an opinion released Thursday.
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May 15, 2025
Greenberg Traurig, Loeb Guiding $1.7B Acuren, NV5 Deal
Acuren Corp. said Thursday it will acquire NV5 Global Inc. in a cash-and-stock deal worth about $1.7 billion, combining two companies that serve key roles in infrastructure and industrial markets.
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May 15, 2025
NJ Toxic Spill Rule May Hamper Property Sales, Panelists Say
A New Jersey Department of Environmental Protection regulation expected to take effect this summer could slow property sales and lead to increased litigation as attorneys and real estate investors grapple with stricter requirements for reporting toxic spills, experts speaking Thursday at the State Bar Association's annual meeting in Atlantic City said.
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May 15, 2025
Insurer Wants Smokestack Demo Cos. To Pay For Damage
Erie Insurance is seeking to make the companies that demolished two smokestacks at a former Western Pennsylvania coal-fired power plant pay $375,000 for damage that flying dust, debris and shock waves did to a neighboring property, according to a lawsuit filed in state court.
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May 15, 2025
Senior Living Co. Pleads For Proxy Fight Win After CEO Exit
Brookdale Senior Living, the largest U.S. senior living operator, urged shareholders Thursday to reject a proxy contest brought by an affiliate of activist investor Ortelius Advisors, claiming the fund hasn't offered a new strategy for the company despite its criticism.
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May 15, 2025
Minn. Justices Affirm $9M Medical Building Tax Valuation
A Minnesota medical building was correctly valued by the state tax court, the state Supreme Court said Wednesday, affirming a decision that boosted the building's original valuation by more than $1 million.
Expert Analysis
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3 Ways To Train Junior Lawyers In 30 Minutes Or Less
Today’s junior lawyers are experiencing a skills gap due to pandemic-era disruptions, but firms can help bring them up to speed by offering high-impact skill building content in bite-sized, interactive training sessions, say Stacey Schwartz at Katten, Diane Costigan at Winston & Strawn and Lauren Tierney at Freshfields.
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Opinion
Feds May Have Overstepped In Suit Against Mortgage Lender
The U.S. Department of Justice's lawsuit against Rocket Mortgage goes too far in attempting to combat racial bias and appears to fail on the fatal flaw that mortgage lenders should be at arm's length from appraisers, says Drew Ketterer at Ketterer & Ketterer.
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The Bar Needs More Clarity On The Discovery Objection Rule
Almost 10 years after Federal Rule of Civil Procedure 34 was amended, attorneys still seem confused about what they should include in objections to discovery requests, and until the rules committee provides additional clarity, practitioners must beware the steep costs of noncompliance, says Tristan Ellis at Shanies Law Office.
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Foreclosing Lenders Still Floating In Murky Legal Waters In NY
The New York foreclosure landscape remains in disarray after the state's highest court last month declined to weigh in on whether legal changes from 2022 that severely curtailed lenders' ability to bring successive foreclosure cases were retroactive, says Brian Rich at Barclay Damon.
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Series
Being A Navy Reservist Makes Me A Better Lawyer
Serving this country in uniform has not only been one of the greatest honors of my life, but it has also provided me with opportunities to broaden my legal acumen and interpersonal skills in ways that have indelibly contributed to my civilian practice, says Phillip Smith at Weinberg Wheeler.
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Conservation Easement Cases Weave Web Of Uncertainty
Much of the IRS and Justice Department’s recent success in prosecuting syndicated conservation easement cases can be attributed to the government’s focus on the so-called PropCo ratio, which could indicate treacherous waters ahead for participants and their advisers, even under the incoming Trump administration, say attorneys at Polsinelli.
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So You Want To Move Your Law Practice To Canada, Eh?
Google searches for how to move to Canada have surged in the wake of the U.S. presidential election, and if you’re an attorney considering a move to the Great White North, you’ll need to understand how the practice of law differs across the border, says David Postel at Henein Hutchison.
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Philly's Algorithmic Rent Ban Furthers Antitrust Policy Trends
A Philadelphia bill banning the use of algorithmic software to set rent prices and manage occupancy rates is indicative of growing scrutiny of this technology, and reflects broader policy trends of adapting traditional antitrust principles to respond to new technology, say attorneys at Ballard Spahr.
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Notable Q3 Updates In Insurance Class Actions
Total loss valuation cases and labor depreciation cases dominated the past quarter of insurance class actions, with courts continuing to reject challenges to condition adjustments in the former, and a pro-insured trend persisting in the latter, say attorneys at BakerHostetler.
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Promoting Diversity In The Selection Of ADR Neutrals
Excerpt from Practical Guidance
Choosing neutrals from diverse backgrounds is an important step in promoting inclusion in the legal profession, and it can enhance the legitimacy and public perception of alternative dispute resolution proceedings, say attorneys at Lowenstein Sandler.
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Series
Playing Ultimate Makes Us Better Lawyers
In addition to being fun, ultimate Frisbee has improved our legal careers by emphasizing the importance of professionalism, teamwork, perseverance, enthusiasm and vulnerability, say Arunabha Bhoumik and Adam Bernstein at Regeneron.
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How Property Insurance Coverage Shrank After The Pandemic
Insurers litigating property claims are leveraging rulings that provided relief in the COVID-19 context to reverse the former majority rule on physical loss or damage in all contexts, say attorneys at Reed Smith.
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NYC Hotel Licensing Law's Costs May Outweigh Its Benefits
A hotel licensing bill recently approved by New York's City Council could lead to the loss of many nonunionized hotels that cannot afford to comply, says Stuart Saft at Holland & Knight.
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E-Discovery Quarterly: Recent Rulings On Metadata
Several recent rulings reflect the competing considerations that arise when parties dispute the form of production for electronically stored information, underscoring that counsel must carefully consider how to produce and request reasonably usable data, say attorneys at Sidley.
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Why Secured Lenders Must Mind The Gap In UCC Searches
If not adequately addressed, the Uniform Commercial Code filing indexing gap can interfere with a lender's expected lien priority, but taking appropriate preclosing actions and properly timing searches can eliminate this risk, says Robert Wonneberger at Barclay Damon.