Real Estate Law360 provides breaking news and analysis on high-impact real estate deals and the attorneys involved. Coverage includes transactions involving developers, investors, lenders, contractors, and brokers, as well as related litigation, enforcement, and policy developments.
Under Armour Inc.’s CEO Kevin Plank and two of its directors were hit with a shareholder derivative suit in Maryland federal court claiming Plank stands to make a big payday using the sports apparel company as the anchor for a multibillion-dollar Baltimore development project his real estate firm is spearheading.
Bankrupt retailer Bon-Ton Stores Inc. received court approval Wednesday in Delaware for a transaction that will see all of its 256 store locations liquidated in the coming months after failing to receive a going-concern offer that satisfied the court.
A foresters' group has told a Washington, D.C., federal judge that President Barack Obama's proclamation expanding an Oregon national monument was invalid because it included land that had been set aside for permanent forest production in perpetuity by a Depression-era act of Congress.
A Tennessee federal magistrate judge ordered that witness depositions can move forward in a timeshare company's suit alleging Castle Law Group interferes with its contracts, ruling attorney-client privilege can't stop three former employees of the law firm from being deposed.
A California judge on Wednesday denied Girardi Keese’s bid to strike class claims from a suit seeking an accounting of $120 million in settlements from an oil contamination case, ruling the firm’s attorney-client relationship with the proposed class isn’t grounds for ruling out the possibility of certification.