Commercial

  • September 21, 2022

    Dentons Guides $148M Multi-State Self Storage Deal

    Dentons US helped Brighthouse Life Insurance Co. with a $148 million loan to West Palm Beach, Florida-based investment group SROA Capital for a 12-state self-storage portfolio, according to a document recorded Monday in Broward County, Florida.

  • September 21, 2022

    GrayRobinson Adds New Real Estate Associate In Fla. Office

    GrayRobinson PA recently brought in a new associate attorney from Coleman Talley LLP for its real estate and land use team in Fort Lauderdale, Florida.

  • September 21, 2022

    How Miami Boutique Keeps Pace In Booming Fla. Legal Market

    As a string of national firms have recently planted flags in South Florida, the region's booming legal market has also boosted outfits like the Miami-based boutique Haber Law, which has increased its headcount by 25% over the last six months with a focus on practices tied to the city's development.

  • September 21, 2022

    2 Firms Steer Liquidity Provider's $3.5B SPAC Merger

    Beneficient Company Group LP, provider of liquidity services for investors of alternative assets, will go public at an estimated $3.5 billion value by merging with special-purpose acquisition company Avalon Acquisition Inc., the parties announced Wednesday, in a deal guided by two law firms.

  • September 21, 2022

    Law Firm Fights Malpractice Claims In NJ Land Appraisal Row

    A boutique law firm accused of bungling the defense in a property value dispute asked a New Jersey state court to throw out its clients' malpractice claims, saying the underlying case isn't over and its clients haven't been harmed.

  • September 21, 2022

    Sugar Co. Says Fla. Is Proper Venue For Cuban Port Case

    A sugar company has argued that a shipment of wind turbine gear from China to Cuba needed to pass through a Florida port to back its claim in Florida federal court that a Chinese company owes it $291 million for the delivery.

  • September 21, 2022

    NY AG Tells 2nd Circ. Trump Can't Revive Harassment Claim

    New York Attorney General Letitia James urged the Second Circuit to deny a bid by former President Donald Trump to challenge her investigation into his business dealings, arguing that Trump is trying to improperly revive his already rejected harassment claim.

  • September 21, 2022

    Whiteford Taylor Hires Veteran Litigator For NYC Office

    Whiteford Taylor & Preston LLP announced recently that R. Scott Greathead, a well-known litigator in the New York area, is joining the firm's New York City office as senior counsel. 

  • September 21, 2022

    NY AG James Sues Trump, Alleging $250M Business Fraud

    New York Attorney General Letitia James filed suit Wednesday against former President Donald Trump, his children and company executives, seeking the return of $250 million in allegedly ill-gotten gains from a 10-year scheme to defraud banks using misleading financial statements.

  • September 21, 2022

    Latham Brings On Winston & Strawn Real Estate Pro In LA

    Latham & Watkins LLP announced Tuesday it is expanding its California team by adding a Winston & Strawn LLP real estate expert as a partner in its Los Angeles office.

  • September 20, 2022

    Judge Tosses Cannabis Investor's Suit Over Canceled Shares

    A Colorado federal judge has tossed a lawsuit accusing GreenLink International Inc., a cannabis real estate and equipment leasing company, of wrongfully canceling an investor's 56 million shares in the business, ruling that the company did not commit conversion by taking the shares.

  • September 20, 2022

    NYC Adult Entertainment Cos. Fight City Zoning Regulation

    A group of New York City adult entertainment establishments has urged a federal judge to invalidate a city zoning regulation that restricts where they can do business, saying they are being forced out of their locations in violation of their constitutional rights.

  • September 20, 2022

    Six CHIPS Program Leaders Tapped By White House

    The chief economist of the U.S. Department of Commerce will serve as the White House's coordinator for implementation of the CHIPS for America program while a U.S. Department of the Treasury senior adviser will direct the CHIPS Program Office, the Biden administration announced Tuesday.

  • September 20, 2022

    Mont. Judge Throws Out Suit Over Store On Blackfeet Land

    A Montana federal judge has tossed a lawsuit by a man claiming that two members of the Blackfeet Tribe breached their contract to sell a convenience store to him that's located on trust land within the tribe's reservation, saying the suit doesn't raise any federal issues and should be brought in tribal court instead. 

  • September 20, 2022

    Calif. Construction Firm Adds Appellate Specialist Team

    Berding & Weil has launched a new appellate team with more than 60 years of combined experience, the firm announced in a news release Tuesday.

  • September 20, 2022

    2 Firms Steer Tech-Focused Blank-Check Firm's $80M IPO

    Blank-check company Global Star Acquisition Inc. traded slightly down on its first day on the Nasdaq on Tuesday after raising $80 million in an initial public offering that priced Monday and was guided by Nelson Mullins Riley & Scarborough LLP and Mayer Brown LLP.

  • September 20, 2022

    UK Tribunal Boosts Taxable Value In Sale Of £1.2M Partnership

    A couple owes more tax than initially assessed from selling their farming business, a U.K. tribunal ruled Tuesday, finding a lower tribunal incorrectly determined the taxable amount on the sale of their partnership worth approximately £1.2 million ($1.4 million). 

  • September 20, 2022

    Wells Fargo Sues To Foreclose NYC Hotel's $275M Mortgage

    Wells Fargo is seeking to foreclose on a $275 million mortgage for a 28-story hotel near Manhattan's Times Square, telling a New York state court on Tuesday the property owner has defaulted after failing to make timely payments since the early months of the pandemic.

  • September 20, 2022

    Realtor Group Says Magazine Free From Mailing List Laws

    The National Association of Realtors told a Michigan federal court Monday that its members don't pay or ask for copies of its Realtor magazine in a bid to end a proposed class action accusing it of sharing subscriber information without permission.

  • September 20, 2022

    Dutch Gov't Proposes Higher Corporate Taxes In Budget

    The Netherlands' government Tuesday proposed raising corporate income tax rates while reducing the qualifying profit levels for a discounted rate to help pay for €17.2 billion ($17.15 billion) in spending measures.

  • September 20, 2022

    Real Estate Broker Owed Coverage For Negligence Suit

    A Nationwide unit must cover a real estate brokerage and its president who were sued for negligence by a former client, a California federal judge ruled, finding that the underlying suit didn't allege anything beyond ordinary misrepresentations covered by their policy.

  • September 20, 2022

    Group Asks Justices To End 'Musical Chairs' In Pipeline Case

    A group of landowners are asking the U.S. Supreme Court to order a trial court to take up their challenge to a private company's use of eminent domain on the $6 billion Mountain Valley Pipeline project in Virginia and West Virginia.

  • September 20, 2022

    Attorneys Eye Early Signs Of Distress In Real Estate Market

    Today's unique confluence of geopolitical strife, rising inflation, an uneven emergence from the pandemic and, in the U.S., a historically tight labor market and dire housing crisis make for a mixed economic picture, but real estate players have started to spot signs of trouble and are beginning to shift their strategies, said multiple industry attorneys. 

  • September 20, 2022

    Blackstone To Sell Remaining Butlin's Assets For £300M

    Private equity firm Blackstone Inc. and Bourne Leisure Ltd. said on Tuesday that they are selling the Butlin's seaside resorts group to a hospitality property investor, in a deal totaling £300 million ($343 million).

  • September 19, 2022

    Trump Looms Large Over Barrack Jury Pool In Lobbying Trial

    Several prospective jurors' withering critiques of former President Donald Trump took center stage on Monday during the initial round of jury selection in the illegal lobbying trial of his former adviser Thomas Barrack, with many of the would-be jurors rating Trump as their least admired public figure. 

Expert Analysis

  • What Maine's Recent PFAS Crackdown Means For Companies

    Author Photo

    Maine has been a nationwide trendsetter in regulation of per- and polyfluoroalkyl substances, and given the state's recent sweeping legislative actions against PFAS, companies operating in Maine must consider their compliance strategies carefully, say Patrick Gwinn at Integral Consulting, and Lisa Gilbreath and Sara Murphy at Pierce Atwood.

  • NY Contractor Relief Bill Is Much-Needed, But Imperfect

    Author Photo

    Once signed by the governor, New York's S.B. 10109 will correctly provide relief to construction contractors negatively affected by drastic material price escalations, though it is held back by an arbitrary time restriction, say attorneys at Cohen Seglias.

  • NYC Office Tower Ch. 11 Shines Light On Blocking Provisions

    Author Photo

    PMW Management's Chapter 11 filing, which recently received extra time to submit a restructuring plan, highlights courts' increasing skepticism of bankruptcy blocking provisions and favoritism toward leaving bankruptcy restructuring plans in the hands of the debtor, say Jeff Marwil and Ashley Weringa at Proskauer.

  • Storm Clouds Loom Ahead For Real Estate Investors

    Author Photo

    With a wave of negative economic indicators mounting on the horizon, real estate investors facing financial distress should proactively take steps to mitigate the risk of bankruptcy, says William Lobel at Distressed Capital Resources.

  • Advising A Cannabis Business Amid Patchwork Of Regs

    Excerpt from Practical Guidance
    Author Photo

    As the cannabis industry continues to grow, so does its widely varied patchwork of local, state and federal regulation, and practitioners should familiarize themselves with the specific rules on tax, real estate, intellectual property and banking applicable in the jurisdictions where their clients operate, say Patrick Hines and Fallon Martin at Hodgson Russ.

  • How To Avoid Construction Lien Traps In Bankruptcy Filings

    Author Photo

    The Ninth Circuit Bankruptcy Appellate Panel’s decision in 450 S. Western Ave. serves as a cautionary tale on the risks of a contractor agreeing not to foreclose a lien in exchange for the owner agreeing not to challenge the validity of the lien in bankruptcy filings, and highlights how contractors can protect their liens, says Blake Robinson at Davis Wright.

  • Now's The Time To Address Archaic Law School Curricula

    Author Photo

    With law school enrollments jumping significantly ahead of a potential recession and more students graduating than the market can absorb, law schools should turn to creative solutions to teach students how to negotiate, work with clients, specialize and use technology to practice their craft more efficiently, says University of Colorado adjunct professor Jason Mendelson.

  • Sears Bankruptcy Case Shows Modification Disclosure Is Key

    Author Photo

    The recent New York federal court decision in Transform Holdco v. Sears Holdings highlights the importance of seeking approval of any material modifications to a purchase agreement in a bankruptcy, as historical setting can be a factor if any dispute arises later between a debtor and a buyer, say Frank Grese and Reginald Sainvil at Baker McKenzie.

  • Lessons From Lawyer Fee-Sharing Agreements Gone Wrong

    Author Photo

    The recent fee-sharing dispute between Edelson and Girardi Keese is a reminder that lawyers who do not strictly follow the applicable rules may risk a disciplinary complaint, lose their share of the fee, or wind up in costly litigation with co-counsel, says David Grossbaum at Hinshaw.

  • LeClairRyan Bankruptcy Highlights Pass-Through Tax Issue

    Author Photo

    A Virginia bankruptcy court's recent ruling in the case of defunct law firm LeClairRyan shows there may be serious tax consequences for pass-through entity partners who give up their ownership interest without following operating agreement exit provisions and updating bankruptcy court filings, say Edward Schnitzer and Hannah Travaglini at Montgomery McCracken.

  • 9th Circ. Ruling Offers Guidance On Automatic Stay Violations

    Author Photo

    The Ninth Circuit Bankruptcy Appellate Panel’s opinion in Censo v. Newrez clarifies the nebulous standard for automatic stay violations, and provides useful guidance for practitioners to consider in determining whether a creditor's defensive action taken in pending litigation counts as a violation, say Keith Owens and Zach Williams at Fox Rothschild.

  • 8 Steps To Creating A Legal Ops Technology Road Map

    Author Photo

    Legal departments struggling to find and implement the right technologies for their operations should consider creating a road map that summarizes their approach to technology changes, provides clearly defined metrics for success, and serves as the single source of truth for stakeholders, says Melanie Shafer at SimpleLegal.

  • The Importance Of Data And Data Analysis In Litigation

    Author Photo

    Understanding, analyzing and effectively presenting large data sets is an increasingly important skill in litigation as it allows plaintiffs to dramatically scale up the scope of cases and is often critical to defeating motions to dismiss and motions for summary judgment, says David Burnett at Motley Rice.