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Real Estate
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December 05, 2025
7th Circ. Backs Distribution Of $2.5M In Fraud Funds
The Seventh Circuit on Thursday rejected a real estate banking business's argument it should have been prioritized over other investors for proceeds from the liquidation of assets related to an alleged $135 million Ponzi scheme, and affirmed a lower court's finding it would have learned of those other investors' interests on two Chicago properties with a more diligent inquiry.
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December 05, 2025
Manufactured Housing Cos. Ditch Price-Fixing Claims
An Illinois federal judge has tossed a proposed price-fixing class action against multiple manufactured housing companies and a data company, ruling the proposed class failed to show the businesses conspired to jack up rent prices.
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December 05, 2025
Legislation Targets Reversal Of Oak Flat Land Transfer In Ariz.
An Arizona congressional representative is carrying on her father's initiative to repeal a 2014 National Defense Authorization Act rider that transfers more than 2,422 acres to a copper mining company while litigation to block the move continues to play out in the Ninth Circuit.
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December 05, 2025
Mass. IOLTA Panel Says It's Owed Slice Of Residual Funds
A Massachusetts panel that oversees Interest on Lawyers' Trust Accounts asked the state's highest court Friday to at least partially unwind a $4 million class action settlement, saying a lower court didn't give it a chance to argue for a portion of what it says are "significant" residual funds.
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December 05, 2025
Mortgage Insurer's $650K ERISA Deal Clears First Hurdle
A North Carolina federal judge gave the initial nod Friday to a $650,000 deal a mortgage insurance company reached with a worker to close a proposed class action claiming the business didn't do enough to prevent a retirement profit sharing plan from facing a $1.3 million loss.
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December 05, 2025
Calif. Tribal Water Rights Bill Seeks $500M Fund Approval
California tribal members and two of the state's water management agencies are urging Congress to pass a bill that would establish a $500 million trust fund and transfer 2,742 acres of Bureau of Land Management property as part of a settlement agreement following more than a decade of litigation.
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December 05, 2025
Long Island Real Estate Co. Files For Ch. 11 With $35M Debt
Long Island-based real estate holding company Giapreet LLC filed for Chapter 11 in a New York bankruptcy court with just over $35 million in liabilities.
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December 05, 2025
Shumaker Real Estate Ace Jumps To Hahn Loeser In Fla.
Hahn Loeser & Parks LLP has grown its Sarasota office with an experienced real estate attorney from Shumaker Loop & Kendrick LLP.
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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 on Thursday 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.
Expert Analysis
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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.
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What To Watch As NY LLC Transparency Act Is Stuck In Limbo
Just about a month before it's set to take effect, the status of the New York LLC Transparency Act remains murky because of a pending amendment and the lack of recent regulatory attention in New York, but business owners should at least prepare for the possibility of having to comply, says Jonathan Wilson at Buchalter.
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Opinion
Despite Deputy AG Remarks, DOJ Can't Sideline DC Bar
Deputy Attorney General Todd Blanche’s recent suggestion that the D.C. Bar would be prevented from reviewing misconduct complaints about U.S. Department of Justice attorneys runs contrary to federal statutes, local rules and decades of case law, and sends the troubling message that federal prosecutors are subject to different rules, say attorneys at HWG.
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10th Circ. Debtor Ruling May Expand Wire Fraud Law Scope
The Tenth Circuit’s recent U.S. v. Baker decision, holding that federal fraud law can reach deceptive schemes designed to prevent a creditor from collecting on a debt, may represent an expansive new theory of wire fraud — even as the ruling reaffirmed the requirements of the interstate commerce element, say attorneys at ArentFox Schiff.
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Rule Amendments Pave Path For A Privilege Claim 'Offensive'
Litigators should consider leveraging forthcoming amendments to the Federal Rules of Civil Procedure, which will require early negotiations of privilege-related discovery claims, by taking an offensive posture toward privilege logs at the outset of discovery, says David Ben-Meir at Ben-Meir Law.
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Series
My Miniature Livestock Farm Makes Me A Better Lawyer
Raising miniature livestock on my farm, where I am fully present with the animals, is an almost meditative time that allows me to return to work invigorated, ready to juggle numerous responsibilities and motivated to tackle hard issues in new ways, says Ted Kobus at BakerHostetler.
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When Mortgage Data Can't Prove Discriminatory Lending
As plaintiffs continue to use Home Mortgage Disclosure Act data as grounds for class actions, attorneys must consider the limits of a statistics-only approach and the need for manual loan file review to confirm indications of potential discriminatory lending, say Abe Chernin, Shane Oka and Kevin Oswald at Cornerstone Research.
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Litigation Funding Could Create Ethics Issues For Attorneys
A litigation investor’s recent complaint claiming a New York mass torts lawyer effectively ran a Ponzi scheme illustrates how litigation funding arrangements can subject attorneys to legal ethics dilemmas and potential liability, so engagement letters must have very clear terms, says Matthew Feinberg at Goldberg Segalla.
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Power Market Reforms Push Data Center Lease Rates Higher
Rising demand, constrained supply and ongoing reforms, amid a rush for reliable, near-term computing capacity, are putting pressure on data center leasing renewal rates in large markets such as the Electric Reliability Council of Texas and PJM Interconnection Inc., say attorneys at Weil.
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Class Actions At The Circuit Courts: November Lessons
In this month's review of class action appeals, Mitchell Engel at Shook Hardy discusses five recent rulings and identifies practice tips from cases involving claims related to oil and gas royalty payments, consumer fraud, life insurance, automobile insurance, and securities violations.
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E-Discovery Quarterly: Recent Rulings On Dynamic Databases
Several recent federal court decisions illustrate how parties continue to grapple with the discovery of data in dynamic databases, so counsel involved in these disputes must consider how structured data should be produced consistent with the requirements of the Federal Rules of Civil Procedure, say attorneys at Sidley.
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Courts Stay Consistent In 'Period Of Restoration' Rulings
Three recent rulings centering on the period of restoration in lost business income claims followed the same themes in interpreting this infrequently litigated, but highly consequential, provision of first-party property and time element insurance coverage, say attorneys at Zelle.
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Revisiting Jury Trial Right May Upend State Regulatory Power
Justice Neil Gorsuch’s recent use of a denial of certiorari to call for the U.S. Supreme Court to revisit whether the Seventh Amendment jury trial right extends to states, building off last year's Jarkesy ruling, could foretell a profound change in state regulators' ability to enforce penalties against regulated companies, say attorneys at Sidley.
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Series
Building With Lego Makes Me A Better Lawyer
Building with Lego has taught me to follow directions and adapt to unexpected challenges, and in pairing discipline with imagination, allows me to stay grounded while finding new ways to make complex deals come together, says Paul Levin at Venable.
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Series
Law School's Missed Lessons: Networking 101
Cultivating a network isn't part of the law school curriculum, but learning the soft skills needed to do so may be the key to establishing a solid professional reputation, nurturing client relationships and building business, says Sharon Crane at Practising Law Institute.