Real Estate

  • August 04, 2025

    Citibank Ignored Red Flags About $45M Wire Fraud, Suit Says

    Citibank failed to stop scammers from absconding with $45 million from a real estate property transaction when it processed payment orders even after it detected name mismatches between the identified transaction beneficiary and the account holder, according to a lawsuit filed Friday in California federal court. 

  • August 04, 2025

    Rocket Cos. Investor Drops Mich. Derivative Suit

    An investor in the parent company of online mortgage lender Rocket Mortgage has dropped derivative allegations that the company's brass concealed a loan demand downturn a week after a proposed shareholder class action making similar claims was voluntarily tossed.

  • August 04, 2025

    Title Insurer Faces Partial Loss In $26M Loan Dispute

    A lender's title insurer breached its duty to defend mechanic's lien lawsuits from subcontractors after a senior living community owner defaulted on its nearly $26 million construction loan, a Colorado federal court ruled, adding that the insurer had to indemnify certain amounts of the general contractor's lien claim, too.

  • August 04, 2025

    Rite Aid Seeks $90M Clawback From McKesson

    Rite Aid is seeking to claw back about $90 million it paid out to prescription drug supplier McKesson Corp. over the days and months leading up to the national pharmacy chain's Chapter 11 filing in May, arguing the payments were not made as part of the ordinary course of business.

  • August 04, 2025

    Ex-Yankee Strikes $729K Deal With Moldy Mansion's Landlord

    Former Major League Baseball player Joshua Donaldson will receive around $729,000 from the landlord of a Connecticut mansion that suffered a mold problem after they reached a post-verdict deal to end their federal contract dispute.

  • August 04, 2025

    DC Circ. Backs FBI Agent's Bribery Sentence

    The D.C. Circuit Court has affirmed a former FBI special agent's two-year sentence for taking a bribe in connection with a property-buying scheme, finding that he accepted at least $6,500 from a real estate developer in exchange for illegally sharing information from a protected database to which the FBI subscribed.

  • August 04, 2025

    NY Atty Found Guilty Of Duping Lender Who Backed Lien Biz

    A Manhattan federal jury on Monday convicted a former compliance lawyer of pilfering from a $20 million line of credit extended to his tax-lien business by a subsidiary of Emigrant Bank.

  • August 04, 2025

    Atlanta Super 8 Operator Accused Of Ignoring Sex Trafficking

    The owner and operator of an Atlanta-area Super 8 hotel was sued in Georgia federal court by a woman who alleged the hotel knew she was sex trafficked there as a minor but did nothing to prevent it, thereby allowing the hotel to profit off the alleged criminal activity.

  • August 04, 2025

    Fla. Tribe Joins Suit Over 'Alligator Alcatraz' In Everglades

    A Florida tribe has joined green groups in hitting Homeland Security Secretary Kristi Noem and state officials with environmental claims that the immigration detention center known as "Alligator Alcatraz" constructed in the Everglades violates a slew of federal statutes.

  • August 04, 2025

    Catching Up With Delaware's Chancery Court

    Last week at the Delaware Court of Chancery, insurance brokerage and risk management giant Marsh & McLennan Cos. sought injunctive relief in a new suit accusing U.S. affiliates of London-based Howden Holdings Ltd. of a poaching scheme that involved over 100 M&M employees resigning on July 21. 

  • August 04, 2025

    Simpson Thacher-Led Carlyle Snags $9B For Real Estate Fund

    Carlyle, advised by Simpson Thacher & Bartlett LLP, raised $9 billion for its 10th fund targeting opportunistic real estate investments, surpassing its previous fund for the same strategy, despite a general slowdown in fundraising across the commercial property sector, according to a Monday announcement.

  • August 04, 2025

    2 Firms Guide Elme Communities' $1.6B Portfolio Sale

    Elme Communities announced Monday that it plans to sell 19 multifamily assets to Cortland Partners LLC in a $1.6 billion deal, after which the multifamily real estate investment trust will liquidate remaining assets, in a deal guided by King & Spalding and Hogan Lovells.

  • August 04, 2025

    Cold Storage Co. Duped Investors Before 2024 IPO, Suit Says

    A pension fund has sued Lineage Inc., a cold-storage real estate investment trust, and several of its executives in Michigan federal court over the company's initial public offering, the largest of 2024, alleging the REIT and its top brass misled investors about softening demand and unsustainable pricing.

  • August 04, 2025

    Connecticut Justices Say Atty Due Extra $300K For ID Theft

    The Connecticut Supreme Court ruled on Monday that an attorney whose identity was stolen by scammers can receive punitive damages under the state's unfair trade practices statute in addition to a separate award of treble damages under a different law, holding that a lower court misjudged the allowable recovery.

  • August 04, 2025

    Arnold & Porter Expands On West Coast With K&L Gates Team

    Arnold & Porter Kaye Scholer LLP is continuing to grow on the West Coast, announcing Monday that it has added seven lawyers from K&L Gates LLP to its newly launched Seattle office and one to its Los Angeles location.

  • August 04, 2025

    Condo Can't Boot Unit Owner After Assault, Mass. Court Says

    A Massachusetts condominium association cannot force a unit owner charged with assaulting another resident to vacate his property, an intermediate state appellate court said Monday.

  • August 04, 2025

    Texas Bill Seeks Lower Voter-Approval Property Tax Rate

    Texas would reduce its voter-approval property tax rate, or the rate that a local government unit may adopt without voter approval, for large taxing units under a bill introduced in the state Senate.

  • August 01, 2025

    Land Claimant Urges No New Trial In $30M Cuba Resort Case

    The claimed owners of the Cuban barrier island Cayo Coco urged a Florida federal judge Thursday to deny a new trial to Expedia Group, Orbitz and Hotels.com after a jury awarded $29.85 million on findings that the booking sites engaged in prohibited trafficking by taking reservations for resorts on land seized by Fidel Castro's government.

  • August 01, 2025

    Real Estate Recap: Succession Planning, 'Build, Baby, Build'

    Catch up on this past week's key developments by state from Law360 Real Estate Authority — including attorney insights into how law firms are winning the succession game, and the Trump administration's efforts to cut red tape for data center projects.

  • August 01, 2025

    Del. Bankruptcy Judge Will Retain Ga. Dorm Operator's Ch. 11

    A Delaware bankruptcy judge refused to move the Chapter 11 bankruptcy of dorm operator Corvias Campus Living-USG LLC to Georgia, entering an order Friday denying a bid by the University System of Georgia's board of regents to relocate the proceedings.

  • August 01, 2025

    7th Circ. Tosses Rehab's Zoning Row With Ind. Town

    The Seventh Circuit affirmed an Indiana town's win on Friday in an Americans with Disabilities Act and Rehabilitation Act suit lodged by companies that wanted to convert a local nursing home into a rehab facility.

  • August 01, 2025

    Normal Wear Is On Landlord's Dime, Not Renters', Court Says

    Massachusetts' highest court on Friday concluded that landlords cannot ding a tenant's security deposit for normal wear and tear like scuffs on walls, nor can they force a tenant to pay for professional cleanings during a moveout.

  • August 01, 2025

    Long Island Castle Owner Files Ch. 11 To Stall Foreclosure

    The owner of a century-old castle on Long Island's Gold Coast filed for Chapter 11 protection late Thursday in New York bankruptcy court, saying it wants to stop a foreclosure sale being forced by its mortgagee lender so the debtor can run a sale process of its own.

  • August 01, 2025

    Alaskan Tribe's Breach Claim Axed In Gold Mine Permit Fight

    An Alaska judge threw out a breach of trust claim against the federal government and a mining company in a challenge to a U.S. Army Corps of Engineers decision to issue a permit for an open gold mine near the Yukon border.

  • August 01, 2025

    Texas Bill Seeks Permanent Limit For Property Tax Increases

    Texas would establish a permanent cap on increases in the appraised value of real property other than residence homesteads for property tax purposes if voters approve a proposed constitutional amendment authorizing the cap, as part of legislation filed in the state House of Representatives.

Expert Analysis

  • 3 Steps For In-House Counsel To Assess Litigation Claims

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    Before a potential economic downturn, in-house attorneys should investigate whether their company is sitting on hidden litigation claims that could unlock large recoveries to help the business withstand tough times, says Will Burgess at Hilgers Graben.

  • Negotiating Triparty Hotel Agreements To Withstand Risk

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    Brewing economic uncertainty in the hospitality industry underscores the importance of subordination, nondisturbance and attornment agreements, and hotel managers should tightly negotiate these agreements to ensure remedies will not disturb key rights, say attorneys at Sidley.

  • Series

    Teaching College Students Makes Me A Better Lawyer

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    Serving as an adjunct college professor has taught me the importance of building rapport, communicating effectively, and persuading individuals to critically analyze the difference between what they think and what they know — principles that have helped to improve my practice of law, says Sheria Clarke at Nelson Mullins.

  • Series

    Adapting To Private Practice: From DOJ Enviro To Mid-Law

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    Practitioners leaving a longtime government role for private practice — as when I departed the U.S. Department of Justice’s environmental enforcement division — should prioritize finding a firm that shares their principles, values their experience and will invest in their transition, says John Cruden at Beveridge & Diamond.

  • Key Questions When Mediating Environmental Disputes

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    As the U.S. Environmental Protection Agency implements dramatic regulatory changes, companies seeking to use mediation to manage increased risks and uncertainties around environmental liabilities should keep certain essential considerations in mind to help reach successful outcomes, says Edward Cohen at Thompson Coburn.

  • CRE Challenges Demand New Lease And Development Plans

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    As developers and landlords face declining occupancy of commercial, industrial and office space post-pandemic, a combination of business and lease considerations may better position stakeholders to protect the value and profitability of their commercial real estate, says Geoffrey Leskie at Segal McCambridge.

  • Legal Ethics Considerations For Law Firm Pro Bono Deals

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    If a law firm enters into a pro bono deal with the Trump administration in exchange for avoiding or removing an executive order, it has an ethical obligation to create a written settlement agreement with specific terms, which would mitigate some potential conflict of interest problems, says Andrew Altschul at Buchanan Angeli.

  • Series

    Playing Football Made Me A Better Lawyer

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    While my football career ended over 15 years ago, the lessons the sport taught me about grit, accountability and resilience have stayed with me and will continue to help me succeed as an attorney, says Bert McBride at Trenam.

  • 10 Arbitrations And A 5th Circ. Ruling Flag Arb. Clause Risks

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    The ongoing arbitral saga of Sullivan v. Feldman, which has engendered proceedings before 10 different arbitrators in Texas and Louisiana along with last month's Fifth Circuit opinion, showcases both the risks and limitations of arbitration clauses in retainer agreements for resolving attorney-client disputes, says Christopher Blazejewski at Sherin and Lodgen.

  • Notable Q1 Updates In Insurance Class Actions

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    The first quarter of 2025 was filled with the refinement of old theories in the property and casualty space, including in vehicle valuation, time to seek appraisal and materials depreciation, says Mathew Drocton at BakerHostetler.

  • Ch. 11 Free-And-Clear Sale Ruling Takes Pragmatic Approach

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    A recent ruling from a New York bankruptcy court in which the debtors were allowed to sell interests free and clear regardless of a lienholder's objection signals a practical approach and a recalibration of the balance between debtor flexibility and creditor protections, say attorneys at Eversheds Sutherland.

  • Series

    Power To The Paralegals: The Value Of Unified State Licensing

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    Texas' proposal to become the latest state to license paraprofessional providers of limited legal services could help firms expand their reach and improve access to justice, but consumers, attorneys and allied legal professionals would benefit even more if similar programs across the country become more uniform, says Michael Houlberg at the University of Denver.

  • 10 Soft Skills Every GC Should Master

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    As businesses face shifting regulatory and technological uncertainty, general counsel will need to strengthen certain soft skills to succeed, from admitting when they make a mistake to maintaining a healthy dose of dispassion, says Douglas Brown at Manatt.

  • An Unrestrained, Bright-Eyed View Of Legal AI's Future

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    Todd Itami at Covington offers a bright-eyed, laughing-all-the-way, skydive look at what the legal industry could look like after an artificial intelligence revolution, which he believes may happen much sooner and more dramatically than we expect.

  • Tracking The Evolution In Litigation Finance

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    Despite continued innovation, litigation finance remains an immature market with borrowers recieving significantly different terms as lenders learn to value cases, which firms need a strong handle on to ensure lending terms do not overwhelm collateral value, says Robert Wilkins at Lightfoot Franklin.

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