Commercial
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December 09, 2025
Cannabis Stores Can't Sue Under RICO, 9th Circ. Rules
The Ninth Circuit on Tuesday backed a federal judge in tossing racketeering claims brought against a California city by a group of companies facing more than $5 million in local government fees under a contract to allow construction of six cannabis cultivation facilities.
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December 09, 2025
Cleveland, Browns Drop Stadium Move Suits After $100M Deal
The National Football League's Cleveland Browns and the city of Cleveland told Ohio courts on Tuesday that they're permanently dropping their lawsuits against each other in the wake of a $100 million settlement for their dispute over the NFL team's planned stadium move.
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December 09, 2025
GEO's GC To Retire Amid Forced Labor Suit At High Court
The general counsel to the GEO Group Inc. has announced his retirement amid the company's battle at the U.S. Supreme Court, where the private prison operator stands accused of forcing immigrant detainees to clean a detention facility.
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December 09, 2025
Jenner & Block To Require 4 Days In Office Starting In March
Jenner & Block LLP is planning to call attorneys and other employees into the office four days a week next year, joining a growing number of BigLaw firms that have announced increased in-person work requirements.
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December 09, 2025
Moody's Says Funding Types Grow With Data Center Demand
Financing sources for data center projects are becoming more diverse as the number and size of such developments continue to grow, according to a report from analyst and credit rating agency Moody's.
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December 09, 2025
From BigLaw To Self-Storage Biz GC, And Never Looking Back
Being head of legal for one of the country's biggest self-storage companies is never boring, from monitoring a rising tide of rent control rules to addressing the "creative" ways tenants use their units, according to Gwyn McNeal, general counsel to Extra Space Storage.
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December 09, 2025
5 Firms Advise $2.3B Hawaii Real Estate Take-Private
Hawaii real estate investment company MW Group, San Francisco-headquartered real estate investment company DivcoWest and funds affiliated with Blackstone Real Estate have struck a $2.3 billion deal to take a Hawaii-based commercial real estate company private.
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December 08, 2025
Polsinelli Guides $113M Loan For Brooklyn Medical Facility
Capital One NA inked a $113.5 million loan for a medical property in Brooklyn in a deal guided by Polsinelli, part of a massive portfolio of outpatient medical buildings purchased by Remedy Medical Properties and Kayne Anderson Real Estate in the fall.
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December 08, 2025
Gibson Dunn Guides Hudson Pacific's $150M LA Campus Sale
Hudson Pacific Properties Inc., guided by Gibson Dunn, sold a 284,000 square foot West Los Angeles office campus for $150 million after initially paying $101 million for the property 10 years ago, the real estate investment trust announced.
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December 08, 2025
Trump Admin Backs Exxon In Cuba Property Seizure Case
The Trump administration is pressing the U.S. Supreme Court to rule in favor of Exxon Mobil Corp. and find that a federal law allowing U.S. victims of property seizures by the Cuban government to seek damages from entities that subsequently used the property abrogates the sovereign immunity of Cuban agencies and instrumentalities.
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December 08, 2025
Global Net Lease Preps $333M Sale Of UK Car Tech Campus
Global Net Lease Inc. plans to sell off an 840,000-square-foot Woking, England, vehicle technology campus in a more than $333 million deal that is expected to close on Dec. 22, the real estate investment trust announced on Monday.
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December 08, 2025
The Real Estate Matters Keeping GCs Up At Night
As the general counsel of real estate companies cope with fast-changing market dynamics and consider how to implement new technology, outside counsel can play an important role in helping them make better decisions.
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December 08, 2025
Calif. Tribe Looks To Nix Suits Against $700M Casino Approval
A California tribe is asking a D.C. federal court to dismiss three challenges to a U.S. Department of the Interior decision to place 160 acres into trust for its $700 million hotel and casino project, arguing that the consequences of denying its intervention in the litigation would be "grave and severe."
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December 08, 2025
Israeli Meat Co. Owes $35M For NC Facility, Court Told
An Israeli venture capital-backed cultivated meat company breached a payment agreement for work on its inaugural facility in North Carolina and now owes the builder over $35 million, according to a lawsuit filed in North Carolina federal court.
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December 08, 2025
Simpson Thacher Investment Funds Atty Joins Kirkland In DC
A Simpson Thacher & Bartlett LLP attorney, who was named to that firm's partnership in January, has joined Kirkland & Ellis LLP's Washington, D.C., office as an investment funds partner, the firm announced Monday.
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December 08, 2025
Justices Won't Weigh Hawaii County Religious Land-Use Win
The U.S. Supreme Court decided Monday to not grant a nonprofit's review petition for a Ninth Circuit ruling that sided with a Hawaii county in a dispute over a special land use permit.
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December 08, 2025
RealPage Asks To Block NY Rental Pricing Software Law
Property management software company RealPage is asking for a preliminary injunction to block enforcement of a New York law that prohibits building owners from using software to set residential rental rates while its case challenging the statute plays out.
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December 08, 2025
KKR Secures $348.9M For European Budget Hotel Acquisition
Investment firm KKR said Monday that it has provided $348.9 million to support Tristan Capital Partners' acquisition of easyHotel, a budget hotel operator across Europe, in a transaction advised by Bryan Cave Leighton Paisner LLP and Linklaters LLP.
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December 08, 2025
Carlyle Group GC Steps Into Advisor Role After 26 Years
The Carlyle Group's general counsel, who has held the position since 1999, is retiring and transitioning into a new role in which he'll continue working on various matters and advise his eventual successor, the company has announced.
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December 08, 2025
GC Talks Tracking Tech At Leading Real Estate Firm
Christopher Y. Chan, general counsel at JLL Technologies, recently spoke with Law360 Real Estate Authority about how he and his team balance advances in technology — including the rapid growth of AI — with company guidelines, and the issues currently keeping them busy.
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December 05, 2025
Wells Fargo Unit Gets Judge To Trim Immigration Atty's Suit
A Nevada federal judge has largely trimmed claims out of an immigration attorney's lawsuit that alleged a Wells Fargo unit and adviser gave her bad investment advice, allowing the lawyer's fraudulent and negligent misrepresentation claims to go forward.
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December 05, 2025
7th Circ. Backs Distribution Of $2.5M In Fraud Funds
The Seventh Circuit on Thursday rejected a real estate banking business's argument it should have been prioritized over other investors for proceeds from the liquidation of assets related to an alleged $135 million Ponzi scheme, and affirmed a lower court's finding it would have learned of those other investors' interests on two Chicago properties with a more diligent inquiry.
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December 05, 2025
Investor Says Data Co. Stake Bought In $40B Acquisition
Chicago-based GEM Realty Capital Inc. said its equity investment in Aligned Data Centers is set to be purchased in a record-setting $40 billion acquisition announced last month by a consortium of companies, including Nvidia, BlackRock, Microsoft, BlackRock and an Elon Musk Artificial Intelligence venture.
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December 05, 2025
Best Use Of Macy's Property Is As Store, Minn. Court Says
The highest and best use for a Macy's property in Minnesota is its continued function as an anchor department store in a shopping mall, the state tax court said, declining to amend the valuations it previously found.
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December 05, 2025
Pebblebrook Sells Chicago Hotel In $72M Deal
Pebblebrook Hotel Trust announced that it sold a 752-room hotel in downtown Chicago for $72 million to an unnamed third-party, adding that it plans to use sale proceeds for general corporate purposes.
Expert Analysis
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6 Questions We Should Ask About The Trump Trade Deals
Whenever the text becomes available, certain questions will help determine whether the Trump administration’s trade deals with U.S. trading partners have been crafted to form durable economic relationships, or ephemeral ties likely to break upon interpretive disagreement or a change in political will, says Ted Posner at Baker Botts.
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Utilizing Rep And Warranties Insurance In CRE Transactions
With insurance and commercial real estate legal trends suggesting that representations and warranties insurance is likely to grow substantially in the next several years, CRE buyers and sellers should learn how such insurance can help resolve conflicting positions during transaction negotiations, say attorneys at Troutman.
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Recent Decisions Caution Against Broad Indemnity Provisions
Two recent decisions in disparate jurisdictions are reminders that businesses and practitioners should be mindful of contractual indemnity rights and draft indemnity provisions that enhance the predictability of enforceability without being overly broad, says Gregory Jaske at Olshan Frome.
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How Real Estate Funds Can Leverage Del. Statutory Trusts
Over the last two years, traditional real estate fund sponsors have begun to more frequently adopt Delaware Statutory Trust programs, which can help diversify capital-raising strategies and access to new sources of capital, among other benefits, say attorneys at Polsinelli.
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What 9th Circ. Ruling Shows About Rebutting SEC Comments
The Ninth Circuit's June opinion in Pino v. Cardone Capital suggests that a company's lack of pushback to a U.S. Securities and Exchange Commission comment may be evidence of its state of mind for evaluating potential liability, meaning companies should consider including additional disclosure in SEC response letters, say attorneys at Barnes & Thornburg.
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2 NY Cases May Clarify Foreclosure Law Retroactivity
Two pending cases may soon provide the long-awaited resolution to the question of whether retroactive application of the New York Foreclosure Abuse Prevention Act violates the state Constitution, providing a guide for New York courts inundated with motions in foreclosure and quiet title actions, says Fernando Rivera Maissonet at Hinshaw & Culbertson.
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A Look At Florida's New Protected Series LLC Legislation
A new law in Florida enhances the flexibility of using limited liability companies as the entities of choice for most privately held businesses, moving Florida into a small group of states with reliable uniform protected series legislation for series LLCs, says Louis Conti at Holland & Knight.
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How Trump's Trade Policies Are Shaping Foreign Investment
Five months into the Trump administration, investors are beginning to see the concrete effects of the president’s America First Investment Policy as it presents new opportunities for clearing transactions more quickly, while sustaining risk aversion related to Chinese trade and potentially creating different political risks, say attorneys at Covington.
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Bill Leaves Renewable Cos. In Dark On Farmland Reporting
A U.S. Senate bill to update disclosure requirements for foreign control of U.S. farmland does not provide much-needed guidance on how to report renewable energy development on agricultural property, leaving significant compliance risks for project developers, say attorneys at Hodgson Russ.
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Observations On 5 Years Of Non-Notified CFIUS Inquiries
Since 2020, the Committee on Foreign Investment in the United States has identified and investigated covered cross-border transactions not formally notified to CFIUS, and a look at data from 50 non-notified matters during that time reveals the general dynamics of this enforcement function, say attorneys at Cooley.
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How States Are Taking The Lead On Data Center Regulation
While support for data center growth is a declared priority for the current administration, federal data center policy has been slow to develop — so states continue to lead in attracting and regulating data center growth, say attorneys at Steptoe.
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Texas Bill Could Still Boost Property Rights In Gov't Disputes
The passage of a bill in Texas that would provide litigants with access to a greater swath of judicial remedies in immunity disputes with government entities and officials would be an invaluable boon for property rights, says Nathan Vrazel at Munsch Hardt.
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Indemnity Lessons From Mass. Construction Defect Ruling
The Massachusetts high court's decision in Trustees of Boston University v. CHA, holding that a bespoke contractual indemnity provision means that a construction defect claim is not subject to Massachusetts' statute of repose, should spur design and construction professionals to negotiate limited provisions, says Christopher Sweeney at Conn Kavanaugh.