Real Estate

  • August 12, 2024

    RFK Jr.'s 'Sham' Address Keeps Him Off NY Ballot, Court Says

    Robert F. Kennedy Jr.'s petition to appear as an independent presidential candidate on New York's ballot is invalid because he claimed a false address, an Albany judge ruled Monday, calling it a "sham" address that he used to maintain his voter registration in the state.

  • August 12, 2024

    Chase Bank Sued Over Alleged Ties To $119M Ponzi Scheme

    Chase Bank "actively accommodated" a purported Ponzi scheme worth more than a hundred million dollars by real estate developer SiliconSage Builders LLC, according to a court-appointed receiver who alleged in a new suit that the bank "went well beyond providing ordinary banking services" to the developer.

  • August 12, 2024

    Cannabis Advocates Drop Lawsuit Against Mich. Town

    A cannabis entrepreneur and local developers have agreed to end a lawsuit against a Michigan township that claimed the municipality's leaders blocked them from opening a marijuana dispensary.

  • August 12, 2024

    Construction Co. Says Tribe Can't Escape $1.9M Wage Suit

    A New York construction company is fighting a bid by an entity created by the Mashpee Wampanoag Tribe to dismiss a $1.9 million wage dispute for work done on an $11.75 million Cape Cod, Massachusetts, housing project, arguing that sovereign immunity can't protect it from the litigation.

  • August 12, 2024

    Philly Shop Blames HVAC Contractor For Fire

    A boutique operating on the ground floor of a Masonic meeting hall in Philadelphia's Chestnut Hill neighborhood has filed a lawsuit in state court blaming an HVAC contractor for a 2022 fire that severely damaged the building and its business.

  • August 12, 2024

    Co. Says Title Insurer Acted In Bad Faith Over Deed Dispute

    An owner of two adjacent parcels of land in Philadelphia accused its title insurer in Pennsylvania state court of ignoring its repeated requests to settle an underlying deed dispute and basing its coverage position on an "obviously nonsensical and unsupportable" appraisal.

  • August 12, 2024

    2nd Circ. Nixes 'Excessive' $5M Award For Housing Nonprofit

    The Second Circuit on Monday overturned a $5 million award to a nonprofit that faced pushback from a Connecticut town while trying to open a group home for individuals with disabilities, finding that it was unconstitutionally excessive, but at the same time castigated the municipality's officials for "highly reprehensible" conduct.

  • August 12, 2024

    NJ Health System Wants Proskauer DQ'd From Antitrust Case

    Proskauer Rose LLP is facing accusations that it should be disqualified from representing one of New Jersey's largest healthcare systems in an antitrust lawsuit brought by a competitor that was once a client of the firm.

  • August 12, 2024

    NJ Atty Beats Malpractice Claims Over Real Estate Dispute

    A suspended New Jersey attorney has prevailed over a malpractice complaint from another attorney accusing him of providing bad legal advice on a real estate matter and exposing her to her own malpractice case, according to an order made available Monday.

  • August 12, 2024

    'Survivor' Winner Is True Owner In Property Dispute, US Says

    The winner of the first "Survivor" television season is the true owner of disputed property that should be sold to pay down his $3.3 million in tax liabilities, the government told a Rhode Island federal court, rejecting claims that his sister is the owner.

  • August 12, 2024

    Ex-BCLP Real Estate Partner Rejoins Arnold & Porter In NY

    Arnold & Porter Kaye Scholer LLP said Monday that an attorney with deep expertise in commercial real estate deals has rejoined the firm in New York after a stint with Bryan Cave Leighton Paisner LLP.

  • August 09, 2024

    Ex-Twitter Board Member Says X Owes Him $23M From Stock

    A former member of Twitter's board of directors who helped oversee the sale of the social media company to Elon Musk in 2022 claimed X Corp. owes him more than $23 million worth of vested and unvested shares, according to a lawsuit filed in California state court.

  • August 09, 2024

    Real Estate Recap: Big 4 Market Views, Gas-Ban Backfire, AI

    Catch up on this week's key developments by state from Law360 Real Estate Authority — including what the largest commercial real estate brokers expect from capital markets in the second half of the year, how municipalities are reacting to the Ninth Circuit striking down Berkeley, California's natural gas-hookup ban, and why Brookfield Corp. is betting big on AI.

  • August 09, 2024

    SVB's $1.9B FDIC Suit Won't Open 'Floodgates,' Judge Says

    A California federal judge trimmed claims from the parent of Silicon Valley Bank's lawsuit against the Federal Deposit Insurance Corp. seeking $1.93 billion, but rejected the agency's arguments that allowing some claims to move forward will "open the floodgates" for every failed bank's uninsured depositors to bring a claim.

  • August 09, 2024

    Cos. Say Insurer Owes Coverage For Penn. Building Collapse

    A Philadelphia residential building owner and its affiliate accused Trisura Specialty Insurance Co. on Friday of wrongfully denying coverage after part of the property collapsed in September 2022.

  • August 09, 2024

    Guarantors Ink Deal To End 11th Circ. Appeal Of $8.7M Award

    Guarantors facing an $8.7 million judgment on a hospitality lender's breach claim have settled the matter stemming from an unpaid $6.2 million loan for a Michigan hotel, according to an Eleventh Circuit filing.

  • August 09, 2024

    Bond Denied For Ex-Ecuador Official Convicted In Bribery Plot

    A Florida federal judge denied bond to Ecuador's ex-comptroller Friday after a jury convicted him earlier this year of laundering more than $12 million in bribes received in a construction scandal, saying the record would not support releasing him from custody before he is sentenced.

  • August 09, 2024

    Home Sellers Get Approved For $250M HomeServices Deal

    A Missouri federal judge granted preliminary approval for a $250 million class action settlement to end an antitrust suit filed by home sellers who accused the National Association of Realtors, HomeServices of America Inc. and other companies of conspiring to artificially inflate broker commission fees.

  • August 09, 2024

    Restoration Worker Can't Shake Employment Deal Claims

    North Carolina's Business Court has pared down a lawsuit between a restoration company and a former employee centered on allegations of breaking employment agreements and misusing licenses, with the court ruling most of the worker's claims had to be tossed, while some of the company's accusations can head toward trial.

  • August 09, 2024

    Colony Ridge Mortgage Co. Says It Was 'Office Geek' For Site

    A Texas mortgage company pushed Friday to be released from a lawsuit accusing a Houston-area real estate developer and lender of predatory lending practices, telling a federal judge that it never met with the Hispanic consumers allegedly preyed on through the scheme and that the company was "just doing paperwork."

  • August 09, 2024

    Colo. Judge Rejects Hedge Fund's Bid To Toss Developer Suit

    A Colorado state judge has denied a hedge fund owner's attempt to toss claims in a lawsuit accusing it and related entities of violating a term sheet for a commercial housing project, finding a real estate development company's breach of contract and fraud claims were specific enough to survive dismissal.

  • August 09, 2024

    Colo. Panel Says Vail Resorts' Land Spat With Town Is Moot

    The Colorado Court of Appeals has ruled against Vail Resorts in its suit challenging a local ordinance that allegedly blocked the company's development of 23.3 acres of land that was subsequently taken by the town via eminent domain.

  • August 09, 2024

    Eckert Seamans Sued Over New Jersey Condo Development

    Eckert Seamans Cherin & Mellott LLC simultaneously represented a real estate development company and two of its former managers, and also improperly took compensation for its work before company debts were satisfied, according to a legal malpractice lawsuit filed this week in New Jersey state court.

  • August 09, 2024

    Investor Can't Drop Fraud Suit Against Crowdfunding CEO

    A California cannabis investor cannot withdraw his lawsuit against a CEO he accused of helping to operate a $2 million crowdfunding scheme, a federal judge ruled, saying the investor now needs the defendant's permission.

  • August 09, 2024

    Phillips Lytle Adds Ex-Benderson Development In-House Atty

    An attorney who started his career at Phillips Lytle LLP has returned to the firm as special counsel on its real estate industry team in New York state after five years as in-house counsel at Benderson Development.

Expert Analysis

  • Fla. HOA Reforms Bring Major Wins For Homeowners

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    A recently signed law brings broad changes for homeowners associations in Florida, alleviating some pressure imposed by overly restrictive rules and potentially setting up litigation surrounding how HOAs enforce their governing documents, says Christopher Miller at Varnum.

  • Lower Courts May Finally Be Getting The Memo After Ciminelli

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    A year after the U.S. Supreme Court again limited prosecutors' overbroad theories of fraud in Ciminelli v. U.S., early returns suggest that the message has at least partially landed with the lower courts, spotlighting lessons for defense counsel moving forward, says Kenneth Notter at MoloLamken.

  • After A Brief Hiccup, The 'Rocket Docket' Soars Back To No. 1

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    The Eastern District of Virginia’s precipitous 2022 fall from its storied rocket docket status appears to have been a temporary aberration, as recent statistics reveal that the court is once again back on top as the fastest federal civil trial court in the nation, says Robert Tata at Hunton.

  • Addressing Labor Shortages In The Construction Industry

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    As the construction industry's ongoing struggle with finding sufficient skilled workers continues, companies should consider a range of solutions including a commitment to in-house training and creative contracting protocols, say Brenda Radmacher and Allison Etkin at Akerman.

  • A Framework For Investigating Commercial Loan Fraud

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    As commercial loan transactions are increasingly subject to sophisticated fraud schemes, lenders must adopt dynamic strategies to detect, investigate and mitigate these schemes, say attorneys at Baker Donelson.

  • Recruitment Trends In Emerging Law Firm Frontiers

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    BigLaw firms are facing local recruitment challenges as they increasingly establish offices in cities outside of the major legal hubs, requiring them to weigh various strategies for attracting talent that present different risks and benefits, says Tom Hanlon at Buchanan Law.

  • Series

    Glassblowing Makes Me A Better Lawyer

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    I never expected that glassblowing would strongly influence my work as an attorney, but it has taught me the importance of building a solid foundation for your work, learning from others and committing to a lifetime of practice, says Margaret House at Kalijarvi Chuzi.

  • How NY Co-Ops Can Minimize Sale Rejections Based On Price

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    New York co-op sales are regularly rejected for being below undisclosed price minimums, and co-op boards should address this problem by sharing information more transparently and allowing some flexibility for below-market sales, say Pierre Debbas and Seth Feldman at Romer Debbas.

  • Money, Money, Money: Limiting White Collar Wealth Evidence

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    As courts increasingly recognize that allowing unfettered evidence of wealth could prejudice a jury against a defendant, white collar defense counsel should consider several avenues for excluding visual evidence of a lavish lifestyle at trial, says Jonathan Porter at Husch Blackwell.

  • How Associates Can Build A Professional Image

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    As hybrid work arrangements become the norm in the legal industry, early-career attorneys must be proactive in building and maintaining a professional presence in both physical and digital settings, ensuring that their image aligns with their long-term career goals, say Lana Manganiello at Equinox Strategy Partners and Estelle Winsett at Estelle Winsett Professional Image Consulting.

  • Yellow Corp. Lease Assumption Shows Landlord Protections

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    Yellow Corp.’s recent filing of a motion to assume unexpired leases is a helpful reminder to practitioners to maintain a long-term approach about what is most beneficial for an estate and to not let a debtor's short-term cash position dictate business decisions, says Kyle Arendsen at Squire Patton.

  • Firms Must Rethink How They Train New Lawyers In AI Age

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    As law firms begin to use generative artificial intelligence to complete lower-level legal tasks, they’ll need to consider new ways to train summer associates and early-career attorneys, keeping in mind the five stages of skill acquisition, says Liisa Thomas at Sheppard Mullin.

  • High Court's BofA Ruling Leaves State Preemption Questions

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    A recent U.S. Supreme Court decision in Cantero v. Bank of America sheds light on whether certain state banking regulations apply to federally chartered banks, but a circuit split could still force the Supreme Court to take a more direct position, says Brett Garver at Moritt Hock.

  • Think Like A Lawyer: Always Be Closing

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    When a lawyer presents their case with the right propulsive structure throughout trial, there is little need for further argument after the close of evidence — and in fact, rehashing it all may test jurors’ patience — so attorneys should consider other strategies for closing arguments, says Luke Andrews at Poole Huffman.

  • How A Bumblebee Got Under Calif. Wildlife Regulator's Bonnet

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    A California bumblebee's listing as an endangered species could lead to a regulatory quagmire as California Department of Fish and Wildlife permits now routinely include survey requirements for the bee, but the regulator has yet to determine what the species needs for conservation, says David Smith at Manatt.

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