Real Estate

  • February 13, 2025

    SDNY US Atty Resigns, Alleging Trump-Adams 'Quid Pro Quo'

    Danielle R. Sassoon, the interim U.S. attorney for the Southern District of New York, resigned Thursday after she refused an order by U.S. Department of Justice officials to drop the federal corruption charges against New York City Mayor Eric Adams and expressed concern the move was part of an improper quid pro quo with President Donald Trump.

  • February 12, 2025

    8th Circ. Vacates Ruling In Minn. Tribal Reservation Dispute

    An Eighth Circuit panel on Wednesday remanded a dispute between a Minnesota tribe and Mille Lacs County officials to a federal district court with instructions to vacate, saying a recently amended state law upholds a 19th-century treaty that gives unqualified law enforcement jurisdiction to the tribe over its reservation's boundaries.

  • February 12, 2025

    One Sotheby President, Wife Hit With Wrongful Death Suit

    The president of One Sotheby's International Realty and his wife have been accused in Florida state court of being responsible for causing the death of a woman's adult son in a vehicle collision.

  • February 12, 2025

    RealPage Wants DC Sanctioned For Tactics In Antitrust Suit

    RealPage is moving for sanctions against the District of Columbia and its attorneys at Cohen Milstein in the city's rental housing price-fixing suit, accusing the district of failing to back up a major claim in its 2023 complaint and changing the allegation only when threatened with a Rule 11 motion.

  • February 12, 2025

    Mich. Justices Urged To Find Vacation Stays A Residential Use

    An intellectual property attorney told the Michigan Supreme Court that short-term rentals are permissible under land covenants that only allow residential use, urging the court to follow "the national consensus" established by other state supreme courts that have answered the question.

  • February 12, 2025

    AIG Unit Says $6M Construction Defect Deal Isn't Covered

    An AIG unit said it shouldn't have to cover a $6 million agreement and stipulated judgment between a stucco subcontractor and the owner of an apartment construction project, telling an Arizona federal court Wednesday that the deal is unreasonable and unenforceable.

  • February 12, 2025

    RI Judge Won't Pause Order To Unfreeze Funds Amid Appeal

    A Rhode Island federal judge refused Wednesday to pause a court order blocking a freeze on funding for federal grants and programs while the Trump administration appeals the ruling to the First Circuit.

  • February 12, 2025

    Roofing Co. Buyout Bid Heats Up With Board, Antitrust News

    QXO kept up a pressure campaign against Beacon Roofing Supply Inc. on Wednesday amid a hostile takeover bid, as the technology and software company unveiled a slate of nominations to Beacon's board and announced it had received antitrust clearance from regulators in the U.S. and Canada.

  • February 12, 2025

    Dentons Adds Indianapolis Attorney To Energy Practice

    Dentons bolstered its energy practice in Indianapolis with the hire of Matthew Neumann, an attorney advising developers, investors and other parties on energy project development in Indiana and the Midwest.

  • February 12, 2025

    Mass. Justices Nix Tax Break For Cargo Biz On Massport Land

    A site leased by the Massachusetts Port Authority to a for-profit cargo management business is not exempt from local property taxes, the state's Supreme Judicial Court ruled Wednesday, affirming a $22 million property valuation.

  • February 12, 2025

    Real Estate Group Of The Year: Simpson Thacher

    Attorneys from Simpson Thacher & Bartlett LLP advised Blackstone, a longtime client of the firm, on a $7 billion data center campus joint venture with Digital Realty, as well as the investment giant's $725 million sale of a Hawaii resort, earning the firm a spot among the 2024 Law360 Real Estate Groups of the Year.

  • February 12, 2025

    Ex-NYC Housing Worker Avoids Jail 1 Year After Mass Arrests

    A federal judge in Manhattan on Wednesday allowed a former public housing superintendent to avoid jail time after he admitted to taking $3,500 in bribes, imposing the sentence just over a year after the mass arrest of 70 city workers — 63 of whom now stand convicted.

  • February 12, 2025

    NC Justices Weigh Blame For Errors In Insurance Application

    The North Carolina Supreme Court on Wednesday grappled with who is to blame for misstatements in an insurance application that was prepared by an agent but signed by the homeowner, with the agency arguing it was on the homeowner to catch those mistakes.

  • February 12, 2025

    Ex-Ill. Speaker Madigan Guilty Of Bribery In Mixed Verdict

    A federal jury on Wednesday partially convicted the man who was once the most powerful politician in Illinois on federal corruption charges, finding former Illinois House Speaker Michael Madigan guilty of bribery conspiracy and wire fraud but deadlocking on the government's overarching racketeering charge.

  • February 11, 2025

    Calif.'s Insurance Safety Net Gets $1B Infusion For Fire Claims

    California Insurance Commissioner Ricardo Lara has signed off on $1 billion in additional funding for California's FAIR Plan, the state's insurer of last resort, to ensure the plan can keep paying consumer claims to survivors of the Southern California wildfires, according to an order issued Tuesday.

  • February 11, 2025

    Zillow Hit With Proposed Class Suit Over StreetEasy Fees

    Zillow was slapped with a proposed class action in Seattle federal court Tuesday by New York real estate firm that claims the company charges daily fees for listings properties on its StreetEasy platform, even after a listing real estate agent's name is obscured by a new agent.   

  • February 11, 2025

    Ex-NY Gov. Aide And Husband Deny Foreign Agent Charges

    A former aide to New York Gov. Kathy Hochul and former Gov. Andrew Cuomo, Linda Sun, and her husband on Tuesday pled not guilty to a superseding indictment that accuses her of secretly acting as an agent of China's government and adds new money laundering charges against her spouse.

  • February 11, 2025

    Split 6th Circ. Backs Ex-Cincinnati Politician's Conviction

    A split Sixth Circuit ruled Tuesday that, although a close case, there was enough evidence to convict a former Cincinnati council member of bribery and attempted extortion in connection with a sports betting development project spearheaded by a former Cincinnati Bengals player.

  • February 11, 2025

    Ex-Texas Mayor Fails Retrial Bid On Federal Bribery Charges

    A Texas federal judge on Tuesday shot down a bid by Laura Jordan, the former mayor of Dallas suburb Richardson, and her husband to get a new trial based on new evidence, saying the convicted fraudsters never showed the government suppressed the evidence in question.

  • February 11, 2025

    NY Judge Sides With Attorney In Golf Malpractice Row

    A New York federal magistrate judge has recommended summary judgment in favor of an attorney in a legal malpractice lawsuit in which he is accused of causing the plaintiffs to lose an Arizona golf course property because he failed to file the proper bankruptcy paperwork.

  • February 11, 2025

    Couple's Chickens Are Pets, Not Poultry, NC Justices Told

    A North Carolina couple urged the state's highest court to back a state appeals court's ruling finding their 60-plus chickens are household pets, arguing that a jury was improperly instructed that chickens can't be pets under their neighborhood's restrictive covenant.

  • February 11, 2025

    Fla. Senate Committee Advances Resilient Building Tax Credit

    A Florida Senate committee unanimously voted on Tuesday to advance bills to create a resilient building tax credit program, develop guidelines for green and gray infrastructure to address rising sea levels and require public hearings for state park land management plans.

  • February 11, 2025

    Houston CBRE Broker Says He Was Fired For Complaints

    A Houston real estate broker asked a state court to force his company to arbitrate his claims of employment discrimination and retaliation, claiming that he was fired after complaining of company actions that included a COVID-19 vaccine mandate and poor treatment of female employees.

  • February 11, 2025

    Ark. Homeowners Want Short-Term Rental Law Suit To Continue

    Two Fayetteville, Arkansas, homeowners fought the city's summary judgment bid against their suit over its short-term rental ordinance, arguing in Arkansas federal court on Tuesday that the city law is unconstitutional.

  • February 11, 2025

    Biz Group Balks At Piecemeal Bonds In Crane Collapse Case

    A Dallas appellate court's requirement that each debtor fighting a $400 million fatal crane collapse judgment must post an individual bond discourages appeals and creates an unpredictable tort liability system, a Texas business advocacy group told the state Supreme Court on Monday.

Expert Analysis

  • Series

    Round-Canopy Parachuting Makes Me A Better Lawyer

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    Similar to the practice of law, jumping from an in-flight airplane with nothing but training and a few yards of parachute silk is a demanding and stressful endeavor, and the experience has bolstered my legal practice by enhancing my focus, teamwork skills and sense of perspective, says Thomas Salerno at Stinson.

  • Dealmaker Lessons From CFIUS' New Enforcement Webpage

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    The Committee on Foreign Investment in the United States’ recently launched webpage, which details the actions — and inactions — that led to enforcement activity, provides important insights for dealmakers about filing requirements, mitigation commitments and the cost of noncompliance, say attorneys at Dechert.

  • Why Now Is The Time For Law Firms To Hire Lateral Partners

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    Partner and associate mobility data from the second quarter of this year suggest that there's never been a better time in recent years for law firms to hire lateral candidates, particularly experienced partners — though this necessitates an understanding of potential red flags, say Julie Henson and Greg Hamman at Decipher Investigative Intelligence.

  • Reassessing Lease Provisions To Account For ESG Initiatives

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    As companies seek to build ESG considerations into their businesses, it's crucial to understand how such initiatives can quickly become significant enough to compel reassessment of lease agreement provisions, and how best to modify leases accordingly, say Julian Freeman and Gabe Pitassi at Cox Castle.

  • Considering Possible PR Risks Of Certain Legal Tactics

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    Disney and American Airlines recently abandoned certain litigation tactics in two lawsuits after fierce public backlash, illustrating why corporate counsel should consider the reputational implications of any legal strategy and partner with their communications teams to preempt public relations concerns, says Chris Gidez at G7 Reputation Advisory.

  • It's No Longer Enough For Firms To Be Trusted Advisers

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    Amid fierce competition for business, the transactional “trusted adviser” paradigm from which most firms operate is no longer sufficient — they should instead aim to become trusted partners with their most valuable clients, says Stuart Maister at Strategic Narrative.

  • Avoid Getting Burned By Agencies' Solar Financing Spotlight

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    Recently coordinated reports and advisories from the U.S. Department of the Treasury, the Consumer Financial Protection Bureau and the Federal Trade Commission maximize the spotlight on the consumer solar financing market and highlight pitfalls for lenders to avoid in this burgeoning field, says Mercedes Tunstall at Cadwalader.

  • Co-Tenancy Clause Pointers For Shopping Center Landlords

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    Large retail tenants often require co-tenancy provisions in their leases, entitling them to remedies if a shopping center's occupancy drops in certain ways, but landlords must draft these provisions carefully to avoid giving tenants too much control, says Gary Glick at Cox Castle.

  • Assessing Algorithmic Versus Generative AI Pricing Tools

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    A comparison of traditional algorithmic pricing models and those powered by generative artificial intelligence can help regulators and practitioners weigh the pros and cons of relying on large language models to price products or services, say Maxime Cohen at McGill University, and Tim Spittle and Jimmy Royer at Analysis Group.

  • Navigating A Potpourri Of Possible Transparency Act Pitfalls

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    Despite the Financial Crimes Enforcement Network's continued release of guidance for complying with the Corporate Transparency Act, its interpretation remains in flux, making it important for companies to understand potentially problematic areas of ambiguity in the practical application of the law, say attorneys at Sidley.

  • Series

    After Chevron: Conservation Rule Already Faces Challenges

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    The Bureau of Land Management's interpretation of land "use" in its Conservation and Landscape Health Rule is contrary to the agency's past practice and other Federal Land Policy and Management Act provisions, leaving the rule exposed in four legal challenges that may carry greater force in the wake of Loper Bright, say Stacey Bosshardt and Stephanie Regenold at Perkins Coie.

  • DOJ Must Overcome Hurdles In RealPage Antitrust Case

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    The U.S. Department of Justice's recent claims that RealPage's pricing software violates the Sherman Act mark a creative, and apparently contradictory, shift in the agency's approach to algorithmic price-fixing that will face several key challenges, say attorneys at Clifford Chance.

  • Keys To Successful Commercial Property Insurance Claims

    Excerpt from Practical Guidance
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    While insurance needs for commercial leasing arrangements are driven by the characteristics of the premises and the nature of the tenants' intended operations, there are several universal best practices landlords and their counsel can follow when making claims after loss or damage.

  • How Companies Are Approaching Insider Trading Policies

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    An analysis of insider trading policies recently disclosed by 49 S&P 500 companies under a new U.S. Securities and Exchange Commission rule reveals that while specific provisions vary from company to company, certain common themes are emerging, say attorneys at Gibson Dunn.

  • Tips For Handling Single Asset Real Estate Bankruptcy Cases

    Excerpt from Practical Guidance
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    Bankruptcy counsel should consider several strategies when representing either a debtor or lender in single asset real estate debtor Chapter 11 cases, which generally arise when a debtor is forced to file for relief to stop an impending foreclosure sale.

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