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Real Estate
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February 18, 2026
Oklahoma Tribes' Bid For Indian Country Status Denied
A federal court judge has denied four Oklahoma tribes' bid for a declaration that lands within the historic boundaries of their reservations maintain their Indian Country status, saying there's no evidence of a live controversy between the Indigenous nations and Sooner State prosecutors.
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February 18, 2026
Feds Release $130M NY, NJ Gateway Hudson Tunnel Funds
New York and New Jersey officials said Wednesday that construction on the $16 billion rehabilitation of aging commuter train tunnels under the Hudson River would resume next week after the federal government released $130 million in funds that a federal judge in Manhattan recently ruled had been unlawfully frozen.
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February 18, 2026
Real Estate Group Of The Year: Willkie
Willkie Farr & Gallagher LLP guided Henry Crown & Co. in a record-setting $3.5 billion refinancing of Rockefeller Center, along with advising Saks Global on its $2.7 billion acquisition of Neiman Marcus Group, earning the firm a spot among the 2025 Law360 Real Estate Groups of the Year.
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February 18, 2026
Diversity In Demand Feeds Data Center REITs' Gains
Real estate investment trusts Equinix Inc. and Digital Realty Inc. attributed the growth they experienced last quarter and last year to data center demand from various sources, including business sectors beyond cloud computing and information technology.
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February 18, 2026
5 Firms Shape Kennedy Wilson's $1.65B Take-Private Deal
Real estate investment firm Kennedy Wilson has announced it agreed to be taken private by a consortium led by the company's CEO and Canadian insurance company Fairfax Holdings in an up to $1.65 billion deal advised by five law firms.
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February 17, 2026
Colo. Utility Advocates Dispute Energy Financing Program
The Colorado Office of the Utility Consumer Advocate, or UCA, claimed in Colorado state court Friday that a recent decision to approve a tariffed on-bill financing program to help customers purchase energy efficiency upgrades violates state law.
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February 17, 2026
Wash. Bank Ignored Ponzi Scheme Warnings, Investors Say
Investors have urged a Washington federal judge not to toss their suit accusing Columbia Bank of keeping a real estate investment firm's $230 million Ponzi scheme afloat by maintaining the enterprise's accounts even when evidence of fraud surfaced, arguing there is ample factual evidence showing that the bank knew about the scheme and assisted in it.
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February 17, 2026
Fla. Apt. Owners Reach Deal In Construction Defect Suit
The owners of a Florida apartment complex reached an agreement with contractors to settle a construction defect lawsuit before a state court jury awarded $8.6 million in damages after finding the building had deteriorated prematurely.
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February 17, 2026
CoStar Rival Urges High Court To Reject Antitrust Appeal
A rival accusing CoStar of blocking competition for commercial real estate listing services is urging the U.S. Supreme Court not to review a ruling that revived the rival's counterclaims, saying that CoStar just disagrees with how the appeals court viewed the allegations.
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February 17, 2026
Kraft Heinz To Face Damages Bid In Factory Upgrade Row
A Pennsylvania federal judge has ruled that Kraft Heinz Co. contributed to delays in a construction project at one of its facilities by rushing the contractor and frequently changing the plans, holding that Industrial Power Systems Inc. sufficiently showed that it suffered damages from the delays.
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February 17, 2026
NY Regulators, Cannabis Biz Challenge Town's Zoning Policy
New York cannabis regulators and a licensed cannabis business have urged a state appellate court to find that the state's marijuana law preempts localities from enforcing more stringent location policies for marijuana stores than what is found in state law.
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February 17, 2026
Merger Materials Hid Portland Project Woes, Investors Say
Defending against a dismissal motion, Broadmark Realty Capital shareholders are claiming proxy materials for a 2023 merger between Broadmark and Ready Capital failed to mention multifamily loan distress or cost overruns for a Portland, Oregon, project backed by a $460 million loan in Ready Capital's portfolio.
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February 17, 2026
DC Judge Won't Halt Bidding Process For New Dulles Terminal
A D.C. federal judge refused to stop the bidding process for a private luxury terminal at Washington Dulles International Airport, finding that a company in the running can't show that it was injured if the contract hasn't been awarded yet, undercutting its injunction request.
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February 17, 2026
Catching Up With Delaware's Chancery Court
Cryptocurrency and artificial intelligence disputes continued their slow weave into Delaware Court of Chancery and state Supreme Court dockets last week, with jurists and litigants grappling over how — or if — the courts' old-school equity jurisdiction and fiduciary duty hooks apply to new kinds of deals.
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February 17, 2026
4 Firms Guide Cos.' $1.9B PacifiCorp Assets Buy
Portland General Electric Company and Manulife Investment Management have paid $1.9 billion to obtain electrical provider PacifiCorp's Washington state assets in a cash deal guided by Latham & Watkins LLP, Baker Botts LLP, Simpson Thacher & Bartlett LLP and Gibson Dunn & Crutcher LLP.
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February 17, 2026
Trump Family Invests In $1.5B Go-Public Merger For Drone Co.
President Donald Trump's son, Eric Trump, is among a group of investors backing a $1.5 billion merger between Florida real estate company JFB Construction Holdings and Israeli drone-maker Xtend that would take the latter company public.
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February 17, 2026
US Trustee Says Office REIT's Ch. 11 Plan Can't Be OK'd
A U.S. Trustee has objected to an office-focused real estate investment trust's proposed Ch. 11 reorganization plan in a Texas bankruptcy court, arguing that the plan wrongfully wants to release claims related to nondebtor third parties without express permission.
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February 17, 2026
Minn. House Bill Seeks Task Force On Property Tax Increases
Minnesota would establish a task force to investigate the causes of property tax increases and improve local government transparency under legislation introduced Tuesday in the state House.
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February 17, 2026
AG Ends Pursuit Of RICO Case Against NJ Power Broker
The New Jersey Attorney General's Office said Tuesday that it will not take its criminal racketeering case against South Jersey power broker George E. Norcross III to the state high court, effectively ending its prosecution of him and his associates.
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February 17, 2026
Latham Leads PE Infrastructure Firm Kinterra's $950M Fund
Latham & Watkins LLP advised Kinterra Capital Corp., a Canadian private equity firm focused on critical materials and related infrastructure, on its Tuesday close of an oversubscribed $950 million fund.
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February 13, 2026
Fintech's Home Equity Product Is Predatory Loan, Suit Says
Fintech firm Hometap Equity Partners LLC faces class action claims in New Jersey federal court that its "complex, confusing and high-risk" home equity products are predatory loans in disguise that violate federal and state consumer protection laws and could cost consumers their homes.
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February 13, 2026
Ex-Miami City Atty Seeks To Halt Real Estate Fraud Suit
A former Miami city attorney has asked a Florida state court to pause a lawsuit alleging she and her husband engaged in a real estate fraud conspiracy, arguing she's entitled to a stay while challenging an order denying her immunity because the complaint was filed when she was a public official.
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February 13, 2026
Duane Morris Adds Cross-Border Real Estate Pro In Dallas
Duane Morris LLP announced that the firm has added a cross-border real estate pro from Bell Nunnally & Martin LLP to the firm's Dallas office, noting that the newest partner is licensed to practice in both Texas and Mexico.
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February 13, 2026
Jury Clears Insurer In $4M Apartment Shooting Suit
AMCO Insurance Co. doesn't owe an Atlanta apartment complex coverage in an underlying dispute brought by a resident who was shot while sleeping, a jury ruled Wednesday, finding that the complex's delay in notifying the insurer was not justifiable.
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February 13, 2026
Feds Resist Sierra Club's Bid To Enforce Border Wall Deal
The U.S. government is opposing the Sierra Club's attempt to enforce a settlement pact concerning borderlands barriers as they fight over the first Trump administration's diversion of federal funds for border wall construction versus environmentalists' claims that the wall impedes wildlife passage.
Expert Analysis
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How Fractional GCs Can Manage Risks Of Engagement
As more organizations eliminate their in-house legal departments in favor of outsourcing legal work, fractional general counsel roles offer practitioners an engaging and flexible way to practice at a high level, but they can also present legal, ethical and operational risks that must be proactively managed, say attorneys at Boies Schiller.
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5 Lender Strategies When A Commercial Borrower Defaults
With an estimated $2 trillion in commercial real estate loans set to mature by 2027, now is an opportune time for lenders to review practices on both the front and back ends, and understand the full range of options available in the event of a default, says Keith Mundrick at Amundsen Davis.
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Series
Nature Photography Makes Me A Better Lawyer
Nature photography reminds me to focus on what is in front of me and to slow down to achieve success, and, in embracing the value of viewing situations through different lenses, offers skills transferable to the practice of law, says Brian Willett at Saul Ewing.
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How Cos. Can Roll With NY's New Algorithmic Pricing Rules
Despite uncertainty from New York’s new ban on artificial intelligence and computer algorithms for setting rents, and efforts to further restrict individualizing prices based on consumers' personal data, property managers, software providers and merchants can take several steps to stay compliant, say attorneys at Foley & Lardner.
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Series
Law School's Missed Lessons: Practical Problem Solving
Issue-spotting skills are well honed in law school, but practicing attorneys must also identify clients’ problems and true goals, and then be able to provide solutions, says Mary Kate Hogan at Quarles & Brady.
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How Workforce, Tech Will Affect 2026 Construction Landscape
As the construction industry's center of gravity shifts from traditional commercial work to infrastructure, energy, industrial and data-hosting facilities, the effects of evolving technology and persistent labor shortages are reshaping real estate dealmaking, immigration policy debates and government contracting risk, say attorneys at Cozen O'Connor.
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Opinion
A Uniform Federal Rule Would Curb Gen AI Missteps In Court
To address the patchwork of courts’ standing orders on generative artificial intelligence, curbing abuses and relieving the burden on judges, the federal judiciary should consider amending its civil procedure rules to require litigants to certify they’ve reviewed legal filings for accuracy, say attorneys at Shook Hardy.
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AG Watch: Texas Junk Fee Deal Shows Enforcement Priorities
Texas Attorney General Ken Paxton's recent $9.5 million settlement with online travel agency website Booking Holdings for so-called junk fee practices follows a larger trend of state attorneys general who have taken similar action and demonstrates the significant penalties that can follow such allegations, say attorneys at Kelley Drye.
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Series
The Law Firm Merger Diaries: Integrating Practice Groups
Enacting unified leadership and consistent client service standards ensures law firm practice groups connect and collaborate around shared goals, turning a law firm merger into a platform for growth rather than a period of disruption, says Brian Catlett at Fennemore Craig.
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Receivership Law May Streamline Real Estate Sales In Illinois
The Illinois Receivership Act, which goes into effect Jan. 1, provides much-needed clarity on the issue of receivers' sales of commercial real estate and will make the process easier for parties including receivers, special servicers and commercial real estate lenders, say attorneys at Troutman.
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Opinion
Supreme Court Term Limits Would Carry Hidden Risk
While proposals for limiting the terms of U.S. Supreme Court justices are popular, a steady stream of relatively young, highly marketable ex-justices with unique knowledge and influence entering the marketplace of law and politics could create new problems, say Michael Broyde at Emory University and Hayden Hall at the U.S. Bankruptcy Court for the District of Delaware.
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Navigating A Sea Change In Rent Algorithm Regulation
The U.S. Department of Justice's proposed settlement of the RealPage lawsuit represents a pivotal moment in the regulation of algorithmic rent-setting, restraining use of these tools amid a growing trend of regulatory limits on use of algorithmic data and methodologies in establishing housing rental prices. say attorneys at Wilson Elser.
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How Choice Of Law Won The Day In NC Biz Court COVID Case
The North Carolina Business Court recently ruled for policyholders in Tanger Properties v. ACE American Insurance, a business interruption lawsuit arising from the pandemic-related closure of Tanger outlet centers, underscoring the significant role that choice of law plays in insurance coverage disputes, say attorneys at Hunton.
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Series
Knitting Makes Me A Better Lawyer
Stretching my skills as a knitter makes me a better antitrust attorney by challenging me to recalibrate after wrong turns, not rush outcomes, and trust that I can teach myself the skills to tackle new and difficult projects — even when I don’t have a pattern to work from, says Kara Kuritz at V&E.
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The Hidden Pitfalls Of Letters Of Credit In Lease Negotiations
Amid a surge in commercial office leasing driven by artificial intelligence firms, it's crucial for landlords to be aware of the potential downside of accepting letters of credit — in particular, for amounts of security that are less than the statutory bankruptcy claim cap, say attorneys at Allen Matkins.