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Real Estate
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March 20, 2026
Covington Steers Ecolab On $4.75B Data Center Cooling Deal
Ecolab said Friday it has agreed to acquire CoolIT Systems, a company focused on liquid cooling technology for artificial intelligence data centers, from private equity firm KKR for approximately $4.75 billion, with Covington & Burling LLP advising Ecolab on the deal.
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March 19, 2026
Judge Digs Into Counsel Over 'Astronomically High' Fee Bid
Attorneys who represented classes of people who say they received harassing phone calls from real estate agents in violation of federal telemarketing laws are asking for way too much of the $20 million settlement, according to the California federal judge who tore into them Wednesday.
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March 19, 2026
NYC, State Take On Latest Challenge To Rent Regulations
New York and New York City separately urged a federal court this week to dismiss landlords' latest attempt to challenge 2019 changes to the state's rent stabilization laws, alleging the landlords' takings claims aren't ripe because they haven't made use of a hardship exemption yet.
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March 19, 2026
Justice Kagan Denies Apache Bid To Block Ariz. Land Transfer
U.S. Supreme Court Justice Elena Kagan on Thursday declined to block a federal government land transfer in Arizona after four Apache women looked to stop the exchange on behalf of their daughters, arguing that the area contains a site used for a coming of age ceremony that will be destroyed.
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March 19, 2026
Kanye West Home Investor, Facing Foreclosure, Files Ch. 11
A California luxury real estate investment company has filed for Chapter 11 protection in California with about $155 million in debt a day ahead of a foreclosure sale of its most prominent property, rapper Kanye West's former beach home.
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March 19, 2026
NJ Justices Say Wage Laws Protect Unauthorized Workers
New Jersey wage and hour protections require employers to pay employees regardless of their immigration status, the state Supreme Court ruled Thursday, finding that state law doesn't clash with federal immigration law prohibiting the employment of immigrants living in the country without legal permission.
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March 19, 2026
Two Harbors REIT Fields Buyout Offer To Rival UWM Bid
Two Harbors Investment Corp., a real estate investment trust focused on mortgage servicing rights, said Thursday it received a new acquisition proposal from an unnamed bidder, after reaching a deal in December to be bought by mortgage lender UWM Holdings Corp. for $1.3 billion.
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March 19, 2026
Palantir Rolls Out AI-Mortgage Platform In Startup Partnership
Artificial intelligence company Palantir Technologies announced a partnership with startup Moder to build AI-based mortgage operations, starting with Freedom Mortgage, a mortgage originator and servicer, as a pilot customer.
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March 19, 2026
Prologis, GIC Ink $1.6B Build-To-Suit Logistics JV
Logistics real estate leader Prologis and investor GIC announced that they have formed a $1.6 billion joint venture to develop and own build-to-suit logistics facilities across major U.S. markets.
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March 19, 2026
Conn. Class Action Over 'Inflated' Realty Commissions Settles
A putative class action claiming antitrust violations against one of the biggest real estate firms in the Northeast has been settled, according to a judge's order on the Connecticut state court case docket.
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March 18, 2026
Texas Biz Court's Likely Role In Patent Fights Becoming Clear
The Texas Business Court has released its first opinion exploring when intellectual property can be used to create jurisdiction, and attorneys say the decision involving state trade secret law offers insight into when patent matters can be pursued there.
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March 18, 2026
Fla. Panel Affirms Zillow's Win In Merger Battle
The co-founder of a real estate software company that was acquired by house-hunting platform Zillow Inc. cannot recover the money he says he is owed from the 2013 merger because his claim is time-barred and is not covered by the Florida Unclaimed Property Act, a Florida appeals court ruled Wednesday.
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March 18, 2026
Zillow Preview Appeases Compass Enough To Drop Ban Suit
Compass dropped its New York federal court antitrust lawsuit against Zillow on Wednesday, satisfied that a new "preview" feature for pre-market home listings was enough of a departure from a contested rule that banned listings from appearing on Zillow if they had been marketed elsewhere for more than a day.
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March 18, 2026
Judge Finalizes $3.3M Tax Bill Order For 'Survivor' Winner
A Rhode Island federal court entered a final $3.3 million tax judgment against the first "Survivor" winner, clearing the way for the federal government to start debt collection proceedings to recoup funds tied to the former contestant's tax avoidance on his prize money.
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March 18, 2026
Chancery Keeps Philly Developer In Control Of Bourse Project
The Delaware Chancery Court on Wednesday kept a Philadelphia developer in control of a high-profile redevelopment of the historic Bourse building, ruling that the company should remain in charge while a fast-moving dispute over its alleged ouster is litigated.
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March 18, 2026
Ill. Panel Suggests Suspension Of Atty Over Fraud
An Illinois attorney disciplinary panel has recommended a five-month suspension for a southern Illinois criminal defense lawyer after finding that he knowingly participated in fraudulent real estate loan transactions and helped another attorney carry out the scheme.
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March 18, 2026
Fla. Lawmakers Expanded Housing Efforts In Slow Session
At a time when housing affordability is a major concern among constituents, Florida state lawmakers produced mixed results in the realm of real estate during their 2026 session, taking some significant actions but also not reaching consensus on numerous proposals, including the most prominent — property tax reform.
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March 18, 2026
Tribal Groups Back High Court Bid To Halt Ariz. Land Transfer
Native American rights groups are backing four Apache women's bid to have the Supreme Court halt a 2,500-acre Arizona land transfer, arguing an Indigenous worship site on the property is there because of U.S. policies designed to strip tribal nations of their homelands and suppress their religions.
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March 18, 2026
NJ Justices Say Tidelands Steward Can Modify Pierhead Lines
The New Jersey Supreme Court on Wednesday held that the state's tidelands steward is permitted to modify or establish a pierhead line in front of an individual property owner's land, rejecting a challenge to the approval of two licenses permitting the expansion of a dock in Barnegat Bay.
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March 18, 2026
Ga. Panel Preserves HOA Fraud Verdict, Scraps $21M Award
The Georgia Court of Appeals backed fraud and civil racketeering verdicts won by nearly a dozen homeowners against a developer but scrapped $21 million in punitive damages the residents were awarded as excessive "even given the defendants' wealth and repeated instances of bad behavior."
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March 18, 2026
NY Court Affirms Gas Hacker's Conviction In Fatal NYC Blast
An unlicensed plumber sentenced to up to 12 years in prison for causing a 2015 gas explosion that killed two people, injured 13 and destroyed several buildings on New York City's Lower East Side cannot escape his sentence, a New York state appeals court has ruled unanimously.
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March 18, 2026
Del. Allows County Subpoena Of Witnesses For Assessments
Delaware authorized its counties to subpoena witnesses and evidence under certain conditions in disputes over nonresidential real property's assessed value as part of a bill signed by the governor.
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March 17, 2026
FPI, Apartment Owners Reach $7M Deal In Wash. AG's Tenant Suit
California-based property manager FPI and owners of five low-income apartment complexes have agreed to pay $7 million to end the Washington attorney general's lawsuit accusing them of exploiting senior tenants by overstating property qualities and withholding information about future rent rises, according to an agreed order finalized Monday.
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March 17, 2026
Ga. Panel Nixes $8.5M Verdict Over Fault To Nonparty
A Georgia appeals court has vacated an $8.5 million personal injury verdict awarded to a woman who fell while leaving her condo, saying the trial court wrongly allowed the jury to apportion fault to a nonparty that one of the defendants was vicariously liable for.
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March 17, 2026
Mich. AG Joins Fair Housing Laws Fight Against HUD Guidance
Michigan's attorney general spoke Tuesday about joining 15 states and the District of Columbia in a California federal suit claiming the Trump administration undermines enforcement of fair housing laws by threatening to halt funding for local government programs protecting people discriminated against for gender and sexual orientation, among other things.
Expert Analysis
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Series
Trivia Competition Makes Me A Better Lawyer
Playing trivia taught me to quickly absorb information and recognize when I've learned what I'm expected to know, training me in the crucial skills needed to be a good attorney, and reminding me to be gracious in defeat, says Jonah Knobler at Patterson Belknap.
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Series
Law School's Missed Lessons: What Cross-Selling Truly Takes
Early-career attorneys may struggle to introduce clients to practitioners in other specialties, but cross-selling becomes easier once they know why it’s vital to their first years of practice, which mistakes to avoid and how to anticipate clients' needs, say attorneys at Moses & Singer.
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OCC Mortgage Escrow Rules Add Fuel To Preemption Debate
Two rules proposed in December by the Office of the Comptroller of the Currency, which would preempt state laws requiring national banks to pay interest on mortgage escrow accounts, are a bold new federal gambit in the debate over how much authority Congress intended to hand state regulators under the Dodd-Frank Act, says Christian Hancock at Bradley Arant.
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CFIUS Initiative May Smooth Way For Some Foreign Investors
A new program that will allow certain foreign investors to be prevetted and admitted to fast-track approval by the Committee on Foreign Investment in the United States will likely have tangible benefits for investors participating in competitive M&A, say attorneys at Simpson Thacher.
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When Tokenized Real-World Assets Collide With Real World
The city of Detroit's ongoing case against Real Token, alleging building code and safety violations across over 400 Detroit residential properties, highlights the brave new world we face when real estate assets are tokenized via blockchain technology — and what happens to the human tenants caught in the middle, say Biying Cheng and Cornell law professor David Reiss.
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How AI Data Centers Are Elevating Development Risk In 2026
As thousands of artificial intelligence data center constructions continue to pop up across the U.S., such projects must be treated not as simple real estate developments, but as infrastructure programs where power, supply chains and technology integration all drive both schedule and risk, say attorneys at Cozen O’Connor.
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How Lenders Can Be Ready For Disparate Impact Variabilities
Amid state attorneys general's and regulators' mixed messaging around disparate impact liability, financial institutions can take several steps to minimize risk, including ensuring compliance management aligns with current law and avoiding decisions that impede growth in business and service, says Elena Babinecz at Baker Donelson.
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Series
Judges On AI: Practical Use Cases In Chambers
U.S. Magistrate Judge Allison Goddard in the Southern District of California discusses how she uses generative artificial intelligence tools in chambers to make work more efficient and effective — from editing jury instructions for clarity to summarizing key documents.
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Series
Trail Running Makes Me A Better Lawyer
Navigating the muddy, root-filled path of trail marathons and ultramarathons provides fertile training ground for my high-stakes fractional general counsel work, teaching me to slow down my mind when the terrain shifts, sharpen my focus and trust my training, says Eric Proos at Next Era Legal.
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Reflections From High Court Oral Args Over Fed Gov. Removal
In the oral arguments last month for Trump v. Cook, which asks the U.S. Supreme Court to clarify the circumstances under which the president can remove a Federal Reserve Board governor, the justices appeared skeptical about ruling on the substantive issues in view of the limited record and analysis, say attorneys at Ballard Spahr.
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Next Steps For Fair Housing Enforcement As HUD Backs Out
A soon-to-be-finalized U.S. Department of Housing and Urban Development rule, which would hand responsibility for determining disparate impact liability under the Fair Housing Act to the courts, reinforces the Trump administration’s wider rollback of fair lending enforcement, yet there are reasons to expect litigation challenging this change, say attorneys at Spencer Fane.
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Malpractice Claim Assignability Continues To Divide Courts
Recent decisions from courts across the country demonstrate how different jurisdictions balance competing policy interests in determining whether legal malpractice claims can be assigned, providing a framework to identify when and how to challenge any attempted assignment, says Christopher Blazejewski at Sherin & Lodgen.
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Tips For Counsel As PE Eyes Data Center Facility Services
As private equity interest in specialized commercial facility services providers heightens, considerations for counsel and private equity investors run the gamut from contract transferability to facility compliance, say attorneys at Morgan Lewis.
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Opinion
CFIUS Must Adapt To Current Foreign Investment Realities
To continue protecting the U.S.’ long-term strategic and economic interests, the Committee on Foreign Investment in the United States should implement practical enhancements that leverage technology, expertise and clear communication, and enable it to keep pace with evolving demands, says attorney Sohan Dasgupta.
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As Federal Water Regs Recede, Calif.'s Permitting Tide Rises
The U.S. Supreme Court's 2023 decision in Sackett v. U.S. Environmental Protection Agency reduced federal protections for many wetlands and surface water features, but as California's main water regulator has made clear, many projects are now covered by state rules instead, which have their own complex compliance requirements, says Thierry Montoya at FBT Gibbons.