Residential
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July 09, 2024
Tampa Atty Accused Of Fraud In Long-Running House Dispute
A Tampa-area estate lawyer has been accused of fraud conspiracy in a state court lawsuit brought by a former tax attorney who alleges that her house was taken to collect fees stemming from a false guardianship case, saying a court order that revoked possession of the property violated the Florida Constitution.
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July 09, 2024
Fund Scores $83M For Workforce Housing Investments
Clear Investment Group raised more than $83 million for a fund that aims to "maximize investor value through the stabilization of distressed workforce housing," the multifamily real estate investment firm said Tuesday.
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July 09, 2024
REIT Closes On Ground Leases For Calif. Affordable Projects
Real estate investment trust Safehold Inc. announced that the company has closed on ground leases for the development of four affordable housing communities in Santa Clara, California, and Concord, California.
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July 09, 2024
2 Firms Guide Bain Capital Investment In Resi Lender
Dechert LLP and Irella & Manella LLP oversaw Bain Capital's purchase of a controlling stake in residential lender Archwest Capital, a deal that will see Archwest's management retain a significant minority stake, per a statement from the investor.
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July 09, 2024
Fla. Agrees To Stronger CWA Protections For Piney Point Site
Conservation groups said they've reached an agreement with the Florida Department of Environmental Protection to settle litigation over a phosphogypsum facility in Manatee County, with state regulators agreeing to a draft Clean Water Act permit for the site.
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July 08, 2024
SD Homeowners Want Quick Win For Underground Mine Suit
A proposed class of South Dakota homeowners pushed for a quick win in a suit accusing South Dakota of leaving behind a 40-foot underground gypsum mine that's causing their properties to fall into holes and other property damage.
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July 08, 2024
Fried Frank Guides $295M Financing For Kushner's NJ Project
Real estate developer and manager Kushner Cos. LLC obtained $295 million in construction financing for the second phase of its 1,723-unit, mixed-use skyscraper project in Jersey City, New Jersey, in a loan deal advised by Fried Frank Harris Shriver & Jacobson LLP, the firm said on Monday.
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July 08, 2024
Philly Charter School Exec Sentenced To 1½ Years In Prison
Shahied Dawan, a former nonprofit executive for a Philadelphia charter school and low-income housing nonprofit founded by R&B producer Kenny Gamble, was sentenced to 18 months in prison Monday for conspiring to conceal embezzlement from the organization.
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July 08, 2024
Feds Aim To Expand Military Site List For Land Deal Reviews
The U.S. Department of the Treasury on Monday proposed putting 59 more military sites on its radar when it reviews real estate deals for national security issues, a move that comes on the heels of the White House's crackdown on a Chinese-owned cryptocurrency mine near a Wyoming air base.
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July 08, 2024
Frost Brown Adds Former Solo Land Use Atty In Calif.
Frost Brown Todd LLP has brought on a former solo practitioner and veteran California attorney with expertise in the state's environmental quality act in the firm's San Francisco office, the firm announced Monday.
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July 08, 2024
Calif. Realtor Sued Over Use Of Kanye West's Ranch Photos
A real estate photographer has accused a property listings site in California federal court of stealing his photos of a Hidden Hills, California, ranch home that used to be owned by controversial rap artist Kanye West.
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July 08, 2024
Feds Say Petersen Bid Won't Cover HUD-Backed Loans
The federal government Monday filed an objection to Petersen Health Care's proposed facilities sale, saying the $136 million in bids received by the company is insufficient to cover the U.S. Department of Housing and Urban Development-backed mortgages on the properties.
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July 05, 2024
How Reshaped Circuit Courts Are Faring At The High Court
Seminal rulings from the U.S. Supreme Court's latest term will reshape many facets of American society in the coming years. Already, however, the rulings offer glimpses of how the justices view specific circuit courts, which have themselves been reshaped by an abundance of new judges.
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July 05, 2024
Breaking Down The Vote: The High Court Term In Review
The U.S. Supreme Court's lethargic pace of decision-making this term left the justices to issue a slew of highly anticipated and controversial rulings during the term's final week — rulings that put the court's ideological divisions on vivid display. Here, Law360 takes a data dive into the numbers behind this court term.
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July 05, 2024
High Court Flexes Muscle To Limit Administrative State
The U.S. Supreme Court's dismantling of a 40-year-old judicial deference doctrine, coupled with rulings stripping federal agencies of certain enforcement powers and exposing them to additional litigation, has established the October 2023 term as likely the most consequential in administrative law history.
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July 05, 2024
The Sharpest Dissents From The Supreme Court Term
The U.S. Supreme Court's session ended with a series of blockbuster cases that granted the president broad immunity, changed federal gun policy and kneecapped administrative agencies. And many of the biggest decisions fell along partisan lines.
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July 05, 2024
5 Moments That Shaped The Supreme Court's Jan. 6 Decision
When the high court limited the scope of a federal obstruction statute used to charge hundreds of rioters who stormed the Capitol, the justices did not vote along ideological lines. In a year marked by 6-3 splits, what accounts for the departure? Here are some moments from oral arguments that may have swayed the justices.
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July 05, 2024
The Funniest Moments Of The Supreme Court's Term
In a U.S. Supreme Court term teeming with serious showdowns, the august air at oral arguments filled with laughter after an attorney mentioned her plastic surgeon and a justice seemed to diss his colleagues, to cite just two of the term's mirthful moments. Here, we look at the funniest moments of the term.
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July 05, 2024
Trade Groups Sue Denver Over Gas Stove Ban
A coalition of trade groups representing the restaurant, home construction, rental housing and propane gas industries have claimed in Colorado federal court that two Denver ordinances that restrict the use of gas appliances can't be enforced because they're preempted by federal law.
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July 05, 2024
NC Construction Co. Says Subcontractor Pocketed Payments
A construction company was duped into offering a lighting firm at least eight contracts for electrical work on projects in the Carolinas valued at over $13 million only for the firm to abruptly fold before the work was finished, according to a newly filed state court complaint.
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July 05, 2024
Landfill Cos., La. Parish Score Partial Win In Landfill Suit
The operators of a Jefferson Parish, Louisiana, landfill and the parish itself have partially defeated claims filed in Louisiana federal court by local residents who say the landfill's "harmful and toxic odors and chemicals" caused them breathing problems, nausea and poor quality of life.
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July 05, 2024
Real Estate Co. Hits Security Deposit Insurer With $5M Suit
A Texas property management company is suing its insurer for allegedly withholding claim payments partly meant to cover unpaid rent, saying the carrier improperly conditioned the payments on the property manager starting eviction proceedings.
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July 05, 2024
Ex-Law Firm Exec Accused Of Theft Wants 'Malicious' Claim
A former executive at McElroy Deutsch Mulvaney & Carpenter LLP has asked a New Jersey state court to let her pursue a malicious prosecution counterclaim against the firm over its theft allegations against her, alleging that she didn't engage in any financial fraud.
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July 05, 2024
The Firms That Won Big At The Supreme Court
This U.S. Supreme Court term featured high-stakes oral arguments on issues including gerrymandering, abortion and federal agency authority, and a hot bench ever more willing to engage in a lengthy back-and-forth with advocates. Here's a look at the law firms that argued the most cases and how they fared.
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July 03, 2024
Petersen Health Lands $136M In Winning Asset Bids
Petersen Health Care told a Delaware bankruptcy court Wednesday it selected four successful bids, totaling roughly $135.8 million, for the company's skilled nursing facilities, including an offer worth $116.2 million from a stalking-horse bidder.
Expert Analysis
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Justices' Minn. Takings Ruling May Have Broad Impact
The U.S. Supreme Court's decision in Tyler v. Hennepin County that a Minnesota tax foreclosure violated the U.S. Constitution's takings clause may, beyond resolving a circuit split, influence well-established foreclosure laws across the U.S., say Emily Ladd and Gregory Nowak at Miller Canfield.
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Murdaugh Trials Offer Law Firms Fraud Prevention Reminders
As the fraud case against Alex Murdaugh continues to play out, the evidence and narrative presented at his murder trial earlier this year may provide lessons for law firms on implementing robust internal controls that can detect and prevent similar kinds of fraud, say Travis Casner and Helga Zauner at Weaver and Tidwell.
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Challenging Standing In Antitrust Class Actions: Rule 23
A recent Sixth Circuit decision in Fox v. Saginaw County that rejected the common attempt to use Rule 23 to sidestep Article III's standing limitations shows antitrust defendants' success in challenging standing will rest on happenstance without more clarity from the Supreme Court — which no litigant should be comfortable with, say Michael Hamburger and Holly Tao at White & Case.
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Key Limited Partnership Provisions During Market Downturns
With a recession potentially on the horizon, fund managers should carefully examine their funds' limited partnership agreements for items that may be affected by economic downturns, and assess whether modifications may be appropriate, says Matthew Posthuma at Ropes & Gray.
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Firm Tips For Helping New Lawyers Succeed Post-Pandemic
Ten steps can help firms significantly enhance the experience of attorneys who started their careers in the coronavirus pandemic era, including facilitating opportunities for cross-firm connection, which can ultimately help build momentum for business development, says Lana Manganiello at Equinox Strategy Partners.
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Fla. Foreign Real Estate Law Brings Broad Investment Risks
Last month, Florida became the latest state to enact legislation prohibiting Chinese investors from acquiring certain interests in real property, introducing significant legal uncertainty and consequences for real estate stakeholders and the private equity industry, say attorneys at Simpson Thacher.
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Prepping Your Business Ahead Of Affirmative Action Ruling
The U.S. Supreme Court's upcoming ruling on whether race should play a role in college admissions could potentially end affirmative action, and companies will need a considered approach to these circumstances that protects their brand power and future profits, and be prepared to answer tough questions, say Nadine Blackburn at United Minds and Eric Blankenbaker at Weber Shandwick.
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Tackling Judge-Shopping Concerns While Honoring Localism
As the debate continues over judge-shopping and case assignments in federal court, policymakers should look to a hybrid model that preserves the benefits of localism for those cases that warrant it, while preventing the appearance of judge-shopping for cases of a more national or widespread character, says Joshua Sohn at the U.S. Department of Justice.
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How Attorneys Can Help Combat Anti-Asian Hate
Amid an exponential increase in violence against Asian American and Pacific Islander communities, unique obstacles stand in the way of accountability and justice — but lawyers can effect powerful change by raising awareness, offering legal representation, advocating for victims’ rights and more, say attorneys at Gibson Dunn.
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Congress Needs To Enact A Federal Anti-SLAPP Statute
Although many states have passed statutes meant to prevent individuals or entities from filing strategic lawsuits against public participation, other states have not, so it's time for Congress to enact a federal statute to ensure that free speech and petitioning rights are uniformly protected nationwide in federal court, say attorneys at Skadden.
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Banking Tips For Lending To Calif. Homeowners Associations
With current financial markets and recent changes to California law putting a brighter spotlight on lending, banks should understand the special considerations involved in lending to homeowners associations and the various possible remedies in the event of a default, says Alex Grigorians at Hanson Bridgett.
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Some Client Speculations On AI And The Law Firm Biz Model
Generative artificial intelligence technologies will put pressure on the business of law as it is structured currently, but clients may end up with more price certainty for legal services, and lawyers may spend more time being lawyers, says Jonathan Cole at Melody Capital.
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How Rent Proposals May Affect Most Populous Md. County
Of the various legislative changes concerning rent controls and property taxes that are being considered in Montgomery County, Maryland, comparatively milder controls are likely to prevail, but even these lenient measures may make it more difficult for the county to fulfill its needs for new housing, says Michael Murray at Greysteel.