Real Estate

  • 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

    Fried Frank Adds Simpson Thacher Private Funds Pro In NY

    Fried Frank Harris Shriver & Jacobson LLP has expanded its global asset management practice with the addition of a longtime Simpson Thacher & Bartlett LLP attorney, the firm announced Tuesday.

  • March 18, 2025

    Conn. Atty Drops Appeal In Battle With Willkie Partner

    Connecticut solo practitioner Eric Grayson has withdrawn an appeal of a state court decision to toss his lawsuit against a partner at Willkie Farr & Gallagher LLP and his wife, in which he accused the couple of abusing the court process by suing him over his comments in a New York Post story about their dispute with a landlord.

  • 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.

  • March 18, 2025

    Greenberg Traurig Boosts Litigation Team With 4 Denver Attys

    A team of four litigators have joined Greenberg Traurig LLP's growing Denver office, including a shareholder who was tapped to lead the office's litigation practice. 

  • March 17, 2025

    Wells Fargo Says OCC Has Closed Home Loan Consent Order

    Wells Fargo & Co. on Monday said the Office of the Comptroller of the Currency has closed a consent order related to its home lending business, marking the eleventh consent order against the bank that regulators have closed in recent years and another step forward in its regulatory rehabilitation efforts.

  • March 17, 2025

    Insurer Stands Alone Before $8.5M Condo Defect Judgment

    The insurer for a contractor can't get help from third-party insurers to pay an $8.5 million judgment for alleged shoddy workmanship on a 2005 condo project because a settlement agreement released them from all claims, a Florida federal judge said Monday.

  • March 17, 2025

    4th Circ. Revives Tenant's FCRA Suit Over Disputed Debt

    The Fourth Circuit has revived a tenant's lawsuit over an allegedly bogus charge from her landlord, ruling that collection agencies are not exempt from their obligation to investigate Fair Credit Reporting Act claims if they involve a legal dispute.

  • March 17, 2025

    Okla. Gov. Looks To Dismiss Tribe's Jurisdiction Dispute

    Oklahoma Gov. Kevin Stitt is asking a federal court to dismiss a paused jurisdiction dispute between the Muscogee (Creek) Nation and the city of Tulsa, or be allowed to intervene, arguing that the municipality has signaled a willingness to abandon the defense of the state's interests.

  • March 17, 2025

    Calif. Panel Sides With Tribe In Hotel Construction Fight

    A California appeals panel has sided with a Native American tribe in its decision to reverse a lower court ruling and invalidate the city of Clearlake's approval of a hotel project on what was tribal land, finding that the city failed to comply with a state environmental law.

  • March 17, 2025

    Ginnie Mae Says Texas Bank Can't Undo Ruling On Lien

    Ginnie Mae and the U.S. Department of Housing and Urban Development have urged a Texas federal court to grant them summary judgment in a Texas bank's lawsuit, which alleges the government wrongfully extinguished the bank's first-priority lien for nearly $30 million of collateral, saying the court already upheld the authority to terminate the lien.

  • March 17, 2025

    Fraud Victims Claim CRE Fintech Firm Skirted Securities Law

    A group of investors pointed to a recent fraud case in seeking to claw back more than $1 billion raised by fintech firm CrowdStreet, claiming in a proposed class action filed in Texas federal court that the platform operated outside state and federal financial regulations for a decade.

  • March 17, 2025

    HUD, DOI To Identify Federal Land For Affordable Housing

    The U.S. Department of Housing and Urban Development and the U.S. Department of the Interior will work together on identifying federal land that could be used as the sites of affordable housing, according to a joint announcement.

  • March 17, 2025

    4th Circ. Tosses HOA Closing Fees Suit

    The Fourth Circuit tossed a North Carolina property owner's proposed class action alleging that a property management company unlawfully charged excessive closing fees when she sold two properties.

  • March 17, 2025

    High Value Dubious In $23M Easement Dispute, 11th Circ. Told

    A partnership that claimed a $23 million tax deduction for a conservation easement donation failed to consider the lack of market demand for a potential quarry it used to justify the land's high value, the U.S. government told the Eleventh Circuit.

  • March 17, 2025

    DC Commercial Property Taxable Values Drop Nearly 8%

    Commercial property values in Washington, D.C., dropped 7.87% in their 2025 assessments compared with a year earlier, the district's tax office said.

  • March 14, 2025

    Fannie, Freddie Can't Avoid $612M Investor Win, Judge Rules

    A D.C. federal judge on Friday upheld a $612.4 million jury verdict against the Federal Housing Finance Agency, Fannie Mae and Freddie Mac, ruling that the jury was provided with "ample evidence" that reasonably led to its conclusion that FHFA improperly amended stock purchase agreements related to the companies.

  • March 14, 2025

    Real Estate Recap: Waldorf Reno, DEI Scrubbing, CFIUS Risk

    Catch up on this past week's key developments by state from Law360 Real Estate Authority — including a chat with the legal team behind the 10-year renovation of Manhattan's iconic Waldorf Astoria, how real estate companies are dropping mention of diversity, equity and inclusion from public filings, and increasing scrutiny by the Committee on Foreign Investment in the United States.

  • March 14, 2025

    Judge Hands Landlord Win In Maryland Nurse's Eviction Case

    A Maryland federal judge mostly sided with a landlord that was hit with a nurse practitioner's $1 million suit, which alleged that the landlord wrongfully locked her out of her place of business when she wasn't there and evicted her.

  • March 14, 2025

    4th Circ. Dubious Of Private Island's Win In Fair Housing Fight

    The Fourth Circuit on Friday seemed poised to upend a lower court ruling siding with a gated community in a discriminatory housing suit brought by the developer of a proposed assisted living facility, with one judge lamenting a lack of analysis on whether the facility's accommodation request was necessary and reasonable.

  • March 14, 2025

    Calif. Insurance Chief OKs State Farm Rates Pending Hearing

    The California Department of Insurance on Friday provisionally approved State Farm's request for an emergency rate hike following the Los Angeles fires, including a nearly 22% increase for homeowners, saying final approval will be contingent on the insurer justifying its request at a hearing.

  • March 14, 2025

    Mich. Panel Revives Hangar's Property Tax Challenge

    The Michigan Court of Appeals revived a company's argument that it is exempt from a city's tax on a hangar it leased from a regional airport authority, saying the state Tax Tribunal should have required the municipality to prove that a tax statute applied to the company.

  • March 14, 2025

    Calif. Tribe Looks To Defend Casino Land Trust Decision

    A California tribe at the crux of an Interior Department decision to take 221 acres of trust land for the construction of its casino development wants to intervene in a challenge to the order, saying it and the federal agency have different goals in dismissing the dispute.

  • March 14, 2025

    Connecticut Wants Retailers' Hemp Law Challenge Tossed

    The state of Connecticut has asked a federal judge to toss a lawsuit by nearly a dozen hemp retailers challenging statutes designed to regulate hemp-derived products with high levels of THC, saying the retailers' lawsuit is deficient in multiple ways.

Expert Analysis

  • Notable Q3 Updates In Insurance Class Actions

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    Total loss valuation cases and labor depreciation cases dominated the past quarter of insurance class actions, with courts continuing to reject challenges to condition adjustments in the former, and a pro-insured trend persisting in the latter, say attorneys at BakerHostetler.

  • Promoting Diversity In The Selection Of ADR Neutrals

    Excerpt from Practical Guidance
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    Choosing neutrals from diverse backgrounds is an important step in promoting inclusion in the legal profession, and it can enhance the legitimacy and public perception of alternative dispute resolution proceedings, say attorneys at Lowenstein Sandler.

  • Series

    Playing Ultimate Makes Us Better Lawyers

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    In addition to being fun, ultimate Frisbee has improved our legal careers by emphasizing the importance of professionalism, teamwork, perseverance, enthusiasm and vulnerability, say Arunabha Bhoumik and Adam Bernstein at Regeneron. 

  • How Property Insurance Coverage Shrank After The Pandemic

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    Insurers litigating property claims are leveraging rulings that provided relief in the COVID-19 context to reverse the former majority rule on physical loss or damage in all contexts, say attorneys at Reed Smith.

  • NYC Hotel Licensing Law's Costs May Outweigh Its Benefits

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    A hotel licensing bill recently approved by New York's City Council could lead to the loss of many nonunionized hotels that cannot afford to comply, says Stuart Saft at Holland & Knight.

  • E-Discovery Quarterly: Recent Rulings On Metadata

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    Several recent rulings reflect the competing considerations that arise when parties dispute the form of production for electronically stored information, underscoring that counsel must carefully consider how to produce and request reasonably usable data, say attorneys at Sidley.

  • Why Secured Lenders Must Mind The Gap In UCC Searches

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    If not adequately addressed, the Uniform Commercial Code filing indexing gap can interfere with a lender's expected lien priority, but taking appropriate preclosing actions and properly timing searches can eliminate this risk, says Robert Wonneberger at Barclay Damon.

  • Striking A Balance Between AI Use And Attorney Well-Being

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    As the legal industry increasingly adopts generative artificial intelligence tools to boost efficiency, leaders must note the hidden costs of increased productivity, and work to protect attorneys’ well-being while unlocking AI’s full potential, says Ed Sohn at Factor.

  • Empathy In Mediation Offers A Soft Landing For Disputes

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    Experiencing a crash-landing on a recent flight underscored to me how much difference empathy makes in times of crisis or stress, including during mediation, says Eydith Kaufman at Alternative Resolution Centers.

  • Series

    Being An Artist Makes Me A Better Lawyer

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    My work as an artist has highlighted how using creativity and precision together — qualities that are equally essential in both art and law — not only improves outcomes, but also leads to more innovative and thoughtful work, says Sarah La Pearl at Segal McCambridge.

  • Election Outcome Could Reshape Financial Industry

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    The policies of the next presidential administration and Congress will shape the landscape of financial services in the U.S. — including banking, mortgage, investment and credit services — for years to come, affecting Wall Street investors and aspiring homeowners alike, say Alexander Hecht and Frank Guinta at Mintz.

  • How Judiciary Can Minimize AI Risks In Secondary Sources

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    Because courts’ standing orders on generative artificial intelligence and other safeguards do not address the risk of hallucinations in secondary source materials, the judiciary should consider enlisting legal publishers and database hosts to protect against AI-generated inaccuracies, say attorneys at Lankler Siffert & Wohl.

  • Calif. Ruling Offers Hope For Mitigated Negative Declarations

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    In Upland Community First v. City of Upland, a California appeals court upheld a warehouse development's mitigated negative declaration over its greenhouse gas emissions thresholds — a rare victory against this type of challenge providing reassurance that such declarations can be upheld, say attorneys at Sheppard Mullin.

  • How Attorneys Can Break Free From Career Enmeshment

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    Ambitious attorneys can sometimes experience career enmeshment — when your sense of self-worth becomes unhealthily tangled up in your legal vocation — but taking the time to discover and realign with your core personal values can help you recover your identity, says Janna Koretz at Azimuth Psychological.

  • Lawyers With Disabilities Are Seeking Equity, Not Pity

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    Attorneys living with disabilities face extra challenges — including the need for special accommodations, the fear of stigmatization and the risk of being tokenized — but if given equitable opportunities, they can still rise to the top of their field, says Kate Reder Sheikh, a former attorney and legal recruiter at Major Lindsey & Africa.

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