Commercial

  • March 20, 2025

    11th Circ. Allows Remand Of EB-5 Suit To Fla. State Court

    The Eleventh Circuit has dismissed the appeal of a Canadian citizen trying to compel arbitration and keep in federal court the suit accusing him of defrauding foreign investors, saying it doesn't have jurisdiction to review the order sending the case back to Florida state court.

  • March 20, 2025

    Feds Ask High Court To Nix Mich. Tribal Land Trust Row

    A Michigan tribe's analysis of a law governing the state's Indigenous land claims would allow it to purchase property anywhere and then compel the U.S. to take it into trust for its benefit, the Interior Department has told the Supreme Court, arguing the interpretation would render a bizarre result.

  • March 20, 2025

    UAE Sovereign Fund, Energy Biz Form $25B Infrastructure JV

    United Arab Emirates sovereign wealth fund ADQ and energy infrastructure-focused investment firm Energy Capital Partners announced that they've formed a more than $25 billion "50-50" joint venture that aims to invest in U.S. power infrastructure that will support "data centers, hyperscale cloud companies and other energy-intensive industries."

  • March 20, 2025

    Conn. AG Sues Builder, Companies For State Park Clear-Cut

    A real estate builder and two of his companies have illegally clear-cut multiple acres of Connecticut state park land, installed fixtures including a basketball court and a guesthouse without permission and blocked public access to the area, according to an enforcement action brought by the state attorney general's office.

  • March 20, 2025

    Office-To-Residential Efforts Offer Pain And Potential

    With an estimated 1 billion square feet of office space currently vacant across the country and housing affordability a widespread concern, office-to-residential conversions have obvious appeal. But experts speaking at a multifamily housing event on Wednesday said while these projects can ultimately turn out great, the challenges in completing them will prevent the volume needed to solve the nation's housing crisis.

  • March 20, 2025

    Investor Sues For Real Estate AI Co. Shares Under $100M Deal

    A Luxembourg-based investment firm sued artificial intelligence homebuying platform ReAlpha in New York federal court, seeking to enforce a $100 million share purchase agreement a week after a federal judge rejected the platform's attempt to escape the deal.

  • March 20, 2025

    Extell Shrinks Height For Planned NYC 5th Ave. Tower

    Extell Development reduced the height of a once-proposed 78-story tower on Manhattan's Fifth Ave. down to 32 stories tall, according to recent filings with the New York City Department of Buildings, and Law360 has removed the project from its Tall Buildings Tracker.

  • March 20, 2025

    Baron Property Clinches $206M Loan To Build Fla. Rentals

    Baron Property Group borrowed $206 million from investment advisory firm Post Road Group to build its 661-unit Metro Parc North residential project in Hialeah, Florida, according to a Thursday announcement.

  • March 20, 2025

    Jurisdictional Uncertainty Helps Preserve Ill. Tax Bias Suit

    Cook County property owners who mistakenly brought discriminatory assessment accusations in state court before taking their allegations to federal court can continue pursuing those claims, an Illinois judge said, rejecting the county's timeliness challenge. 

  • March 20, 2025

    Denver Environmental Lawyer Rejoins V&E From Kirkland

    Vinson & Elkins LLP has announced the return of a Denver environmental lawyer from Kirkland & Ellis LLP.

  • March 19, 2025

    Your Competition Is Probably Investing In Their Clients

    Legal advisers typically sit beside, not across, from their clients, and advise on deals rather than take part in them.

  • March 19, 2025

    California Rancheria Can Comment On Casino Land Dispute

    A D.C. federal judge has let the Redding Rancheria file a friend of the court brief in two tribes' challenge to the U.S. government's decision to take 221 acres into trust for the rancheria's casino project, ruling it has a special interest in the litigation.

  • March 19, 2025

    Nashville Developers Land $253M For 30-Story Hotel Tower

    Two real estate firms secured a $253 million financing package to build a 30-story hotel and condominium complex in Nashville's Paseo South Gulch district, borrower-side broker Walker & Dunlop said on Wednesday.

  • March 19, 2025

    Holland & Knight Attys On Undoing GSA Lease Terminations

    When the General Services Administration announced it was terminating roughly 1,000 of its leases, a pair of lawyers at Holland & Knight LLP started getting calls from clients. In some cases, they advised them that certain terminations were valid, while in others, they helped to restore improperly terminated leases. The pair recently spoke to Law360 Real Estate Authority on the evolving issue and how they're advising clients going forward.

  • March 19, 2025

    Law360 Announces The Members Of Its 2025 Editorial Boards

    Law360 is pleased to announce the formation of its 2025 Editorial Advisory Boards.

  • March 19, 2025

    Pot Co. Can't Upend Borough's Support For Rival Shop

    A New Jersey appeals panel won't let a would-be Keyport cannabis dispensary prevent the borough from granting support for a cannabis license to one of its rivals, saying the trial court was right to find that the process was not arbitrary or capricious.

  • March 19, 2025

    Wyo. Prescribes Order For Applying Property Tax Breaks

    Wyoming established an order in which property tax exemptions should be applied when multiple exemptions apply to the same property under a bill signed by the governor.

  • March 18, 2025

    J&J Denies 'Evil Motive' In Face Of $30M Talc Damages

    Johnson & Johnson did not act with the kind of "evil motive" that would justify a $30 million punitive damages award to a Connecticut man who won a lawsuit alleging its talc products caused his lung cancer, the company argued Tuesday in state court.

  • March 18, 2025

    Fla. Mall Investor Gets 5 Years In $77M WeWork Stock Fraud

    A Manhattan federal judge sentenced a real estate investor and former owner of a Florida waterfront shopping complex to five years in prison Tuesday following a fraud conviction in connection with manipulating the price of WeWork Inc.'s stock at $77 million shortly before the company declared bankruptcy.

  • March 18, 2025

    Conn. Coalition Can't Challenge Pot Shop Zoning Approval

    A Connecticut state judge has thrown out a challenge by a group of Stamford residents appealing the city zoning board's approval of a cannabis shop location, finding neither the coalition nor its individual members have shown they have standing.

  • March 18, 2025

    Bancorp Downplayed CRE Bridge Loan Risks, Investor Claims

    An investor in The Bancorp Inc. is accusing the financial holding company in Delaware federal court of causing stock value to decline by misleading investors, including by not fully disclosing how its commercial real estate bridge loans were in danger of defaulting.

  • March 18, 2025

    Fate Of Boston Women's Soccer Stadium Turns On Site Status

    Opponents of a $200 million project to turn a decrepit 75-year-old stadium into the home of a new professional women's soccer team at a historic Boston park urged a judge on Tuesday to find that officials have failed to follow a state law intended to preserve public parks.

  • March 18, 2025

    Excel, Ares Join For East Coast Hotel Portfolio Partnership

    Private equity firm Excel Group and Ares Management have teamed up to invest in a portfolio of Marriott- and Hilton-branded hotels across the East Coast, the companies said Tuesday.

  • March 18, 2025

    New Data Center JV Banks On Chevron Power Plans

    Investment firm Engine No. 1 and Crusoe Energy Systems LLC have announced they are partnering to develop a large-scale data center campus with artificial intelligence computing capabilities, which they say will benefit from a joint venture between Engine and Chevron announced earlier this year.

  • March 18, 2025

    DOJ Says Calif. City's Zoning Illegally Favors Secular Use

    The U.S. Department of Justice is backing a church in Santa Ana, California, claiming zoning rules violate federal law by favoring secular uses for an office building the congregation agreed to purchase before learning city rules require a permit to hold religious services.

Expert Analysis

  • Investor Essentials For Buying Federally Owned Property

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    Investors and developers can take advantage of the Trump administration's plan to sell government-owned real estate by becoming familiar with the process and eligible to bid, and should prepare to move quickly once the U.S. General Services Administration posts the list of properties for sale, say attorneys at Holland & Knight.

  • How 2025 Is Shaping The Future Of Bank Mergers So Far

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    Whether the long-anticipated great wave of consolidation in the U.S. banking industry will finally arrive in 2025 remains to be seen, but the conditions for bank mergers are more favorable now than they have been in years, say attorneys at Skadden.

  • Why NY May Want To Reconsider Its LLC Transparency Law

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    Against the backdrop of the myriad challenges to the federal Corporate Transparency Act, it may be prudent for New York to reconsider its adoption of the LLC Transparency Act, since it's unclear whether the Empire State's "baby-CTA" statute is still necessary or was passed prematurely, say attorneys at Pillsbury.

  • Dewberry Ruling Is A Wakeup Call For Trademark Owners

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    The U.S. Supreme Court's decision in Dewberry v. Dewberry hones in on the question of how a defendant's affiliates' profits should be treated under the Lanham Act, and should remind trademark litigants and practitioners that issues involving monetary relief should be treated seriously, say attorneys at Finnegan.

  • How GSA Lease Clauses May Affect DOGE Terminations

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    The Department of Government Efficiency has begun to cut the U.S. General Services Administration's enormous real estate portfolio, but some standard lease clauses include limits helpful to landlords that may slow progress toward the administration's cost-cutting goals, say attorneys at Pillsbury.

  • What SDNY Judge Can And Can't Do In Adams Case

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    The federal judge in the Southern District of New York overseeing the criminal case against New York City Mayor Eric Adams deferred making a decision on the government's motion to dismiss the indictment, and while he does have limited authority to deny the motion, that would ultimately be a futile gesture, says Ethan Greenberg at Anderson Kill.

  • Rethinking 'No Comment' For Clients Facing Public Crises

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    “No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.

  • Corp. Transparency Act's Future Under Treasury's Bessent

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    The Corporate Transparency Act’s ultimate fate faced uncertain terms at the end of 2024, but new U.S. Department of the Treasury Secretary Scott Bessent's statements and actions so far demonstrate that he does not intend to ignore the law, though he may attempt to make modifications, say attorneys at Taylor English.

  • Nippon Order Tests Gov't Control Over Foreign Investments

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    The U.S. government is primarily interested in restraining foreign transactions involving countries of concern, but former President Joe Biden’s January order blocking the merger of Nippon Steel and U.S. Steel shows that all foreign direct investments are under the federal government’s microscope, say attorneys at Blank Rome.

  • A Look At A Possible Corporate Transparency Act Exemption

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    Attorneys at Kirkland offer a deep dive into the application of the Corporate Transparency Act's reporting requirements specifically to U.S.-domiciled co-issuers in typical collateralized loan obligation transactions, and consider whether such issuers may be able to assert an exemption from the CTA's reporting requirements.

  • As EPA Backs Down, Expect Enviros To Step Up Citizen Suits

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    As President Donald Trump's U.S. Environmental Protection Agency draws down federal enforcement efforts, environmental groups will step into the void and file citizen suits — so companies should focus on compliance efforts, stay savvy about emerging analytical and monitoring methods, and maintain good relations with neighbors, say attorneys at Beveridge & Diamond.

  • Emphasize Social Spaces During RE Project Public Review

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    As Boston continues to work through revisions to its public review process for real estate projects, developers attempting to balance impact mitigation and community improvements may benefit from emphasizing the ways in which development plans can facilitate open social exchange, says David Linhart at Goulston & Storrs.

  • What Contractors Can Do To Address Material Cost Increases

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    In light of the Trump administration's plans to increase tariffs on Mexico, Canada and China, construction industry players should proactively employ legal strategies to mitigate the impacts that price increases and uncertainty may have on projects, says Brenda Radmacher at Seyfarth Shaw.