More Real Estate Coverage

  • November 30, 2023

    Va. Tax Head Disallows Subtraction Of Distributions, Gains

    Certain Virginia residents may not subtract any portion of their retirement distributions or capital gains for state income tax purposes, the tax commissioner said, finding no evidence that the residents qualified for a subtraction.

  • November 30, 2023

    EPA Proposes Removing All Lead Pipes In Next Decade

    The U.S. Environmental Protection Agency released a proposal Thursday aimed at replacing all lead pipes throughout the country within the next 10 years to protect the public from the significant, and irreversible, health effects tied to exposure to lead in drinking water.

  • November 29, 2023

    Virginia Pipeline Challengers Seek Freeze From High Court

    Virginia landowners challenging the controversial Mountain Valley Pipeline have returned to the U.S. Supreme Court, imploring Chief Justice John Roberts to stop the natural-gas pipeline work from harming their property while litigation over the constitutionality of land seized for the project plays out in the lower courts.

  • November 29, 2023

    Berkshire Hathaway Unit Hit With Water Pollution Suit In NC

    A Berkshire Hathaway-owned developer polluted creeks with harmful sediment while repeatedly failing inspections that warned about inadequate environmental safety measures at a 216-acre housing development in North Carolina, environmentalists alleged in a federal lawsuit filed Tuesday.

  • November 29, 2023

    4th Circ. Remands Railway Eminent Domain Fight To Va.

    Norfolk Southern Railway Co. should never have been allowed to pull its eminent domain fight with Zayo Group over a lease to run fiber optic cables from before the Virginia State Corporation Commission and into federal court, the Fourth Circuit has ruled, sending the dispute back there.

  • November 28, 2023

    Insurer Seeks Exit From U. of Wash. COVID Coverage Suit

    A Liberty Mutual insurer is trying to derail a University of Washington lawsuit seeking coverage of hundreds of millions of dollars in pandemic-driven losses and expenses, saying the university is relying on recent state Supreme Court decisions that don't support its theory that its facilities suffered a covered "loss of functionality."

  • November 28, 2023

    Real Estate Agents Nab Final Approval In $3M OT Deal

    A real estate brokerage operator will pay $3 million to end a suit in California federal court alleging it misclassified agents as independent contractors and cheated them out of overtime after a federal judge approved the deal Tuesday.

  • November 28, 2023

    Norfolk Southern Wants To See Pa. Crossing Suit Derailed

    Railroad giant Norfolk Southern urged a Pennsylvania federal court Tuesday to toss a lawsuit alleging its trains block traffic at a grade crossing, claiming that the U.S. solicitor general had argued in a similar case that federal regulation preempts state law in the matter.

  • November 28, 2023

    Nossaman Atty Rejoins Lewis Brisbois As Enviro Co-Leader

    Lewis Brisbois Bisgaard & Smith LLP has welcomed back as a partner an environmental litigator from Nossaman LLP who was previously head of the California Environmental Protection Agency's Department of Toxic Substances Control, the firm said Tuesday.

  • November 28, 2023

    Akerman Elevates Trio Of Miami Attys To Special Counsel

    Akerman LLP has three new special counsel after promoting a trio of Miami attorneys this week.

  • November 28, 2023

    Australian Solar Energy Firm Raises Range For $45M US IPO

    SolarJuice Co. Ltd., an Australian solar equipment provider being spun out of SPI Energy Co. Ltd., on Tuesday raised its fundraising target for its initial public offering to about $45 million, represented by Loeb & Loeb LLP and underwriters counsel Pryor Cashman LLP.

  • November 28, 2023

    Law Firm Leaders Cautiously Optimistic Heading Into 2024

    Major U.S. law firms are steadfast in their commitment to the pursuit of further growth despite ongoing economic uncertainty. Here’s what the leaders of four Leaderboard firms have to say about how the legal industry is preparing for next year.

  • November 28, 2023

    The 2023 Law360 Pulse Leaderboard

    Check out the Law360 Pulse Leaderboard to see which first-in-class firms made the list this year.

  • November 27, 2023

    2nd Circ. Remains Mum In Hearing Over Panama Discovery

    The Second Circuit did little to tip its hand during oral arguments aimed at resolving whether federal courts can order discovery for arbitration before the International Centre for Settlement of Investment Disputes, asking few questions during a 22-minute hearing concerning controversy over expanding the Panama Canal.

  • November 27, 2023

    Insurer Seeks $17.4M For Failed La. Dredging Projects

    An insurer urged a Louisiana federal court Monday to award it over $17 million in damages following several dredging contractors' alleged abandonment of multiple public utility projects, arguing that the contractors failed to pay it back for bonds it issued under a 2014 indemnity agreement.

  • November 27, 2023

    NC Church Says Contract Dispute Doesn't Involve Religion

    A Wilmington congregation pressed the North Carolina Court of Appeals to review its lawsuit alleging the state's United Methodist Church's governing body schemed to close the local church and take more than $2 million in property, arguing the court doesn't have to wade into religious doctrine to decide on the contract dispute.

  • November 27, 2023

    Pa. Justices Say Construction Bid Fight Belongs To PennDOT

    Pennsylvania may block a construction firm accused of underpaying its workers from bidding on new construction contracts, as the state's Supreme Court ruled that the company must first contest any debarment with the state Department of Transportation before filing suit.

  • November 27, 2023

    Elliott Slams Crown Castle For 'Profound Lack Of Oversight'

    Activist investor Elliott Investment Management LP on Monday took a jab at telecommunications company Crown Castle Inc., saying the company suffers from a "profound lack of oversight" and a "breathtaking magnitude" of underperformance, and calling for an executive shake-up if the company does not make significant changes.

  • November 27, 2023

    NC County Says Energy Co. Owes $1.6M For Failed Project

    A North Carolina county said an energy company didn't follow through on its plan to build a natural gas electric generating facility, despite the county's significant investment in the project.

  • November 27, 2023

    Mich. Board Stalls On Property Tax Elimination Summary

    The Michigan Board of State Canvassers delayed consideration at its Monday meeting of whether a 100-word summary of a proposed constitutional amendment that would eliminate property taxes was sufficient.

  • November 27, 2023

    Pa. Court Won't Revisit School District's Tax Appeal Policy

    After ruling that a school district unevenly targeted high-value properties for assessment appeals and violated Pennsylvania's uniformity clause, the state's Commonwealth Court won't reconsider the case, it said in an order Monday.

  • November 22, 2023

    With FERC Stalled On Pipeline Policy, Courts Could Show Way

    There's little indication that a long-awaited revision of the Federal Energy Regulatory Commission's gas infrastructure approval policy is imminent, which means any further clarity on how the agency should factor climate change into its reviews will likely come from the courts. Here's a trio of pending D.C. Circuit cases that could provide FERC with further guidance on how it should evaluate the climate impacts of gas projects.

  • November 22, 2023

    Florida Tribe Seeks To Overturn EPA Water Permit Decision

    A Native American tribe has asked a federal court for a quick win in its lawsuit challenging the U.S. Environmental Protection Agency's approval of Florida's effort to take over a Clean Water Act permitting program, saying the tribe's waters are outside the state's regulatory jurisdiction.

  • November 22, 2023

    NJ Bill Aims To Tax Water Protection Upgrades On Public Land

    New Jersey would levy property tax on dams, buildings and other improvements built on public land to protect public water supplies under a bill introduced in the state Assembly.

  • November 22, 2023

    NJ Assembly Bill Seeks Tax Break For Conservation Sales

    New Jersey would allow individuals to claim a gross income tax deduction for money earned through the sale of real property to conservation groups as part of a bill introduced in the state Assembly.

Expert Analysis

  • EPA Guidance Signals Greater Enviro Justice Focus In Permits

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    A list of frequently asked questions recently released by the U.S. Environmental Protection Agency emphasizes environmental justice and civil rights considerations in permitting for a wide range of commercial activities across many industries, and is likely to reverberate loudly in environmental permitting for years to come, say attorneys at King & Spalding.

  • Unpacking The Inflation Reduction Act's Energy Tax Credits

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    Provisions in the recently enacted Inflation Reduction Act that affect how taxpayers can monetize clean energy tax credits will change how clean energy projects are financed, but taxpayers that may not be allowed multiple credits need to determine which type of credit will be the most advantageous, say attorneys at BakerHostetler.

  • How COVID Has Changed Project Development And Finance

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    Two and a half years into the pandemic, some COVID-19-specific provisions are now common in the project development and finance markets, while others are still undergoing negotiation, say Nate Galer and Katy McNeil at Mayer Brown.

  • Hydrogen Sector Needs More Regulatory Certainty

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    While recent policy developments have raised hopes about hydrogen as a clean energy technology, unlocking hydrogen's full potential will require more clarity about how its large-scale production, transport and use will be regulated on a long-term basis, say attorneys at Troutman Pepper.

  • Dropped FCPA Case Holds Key Reminder For Defense Attys

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    The U.S. Department of Justice’s recent decision, based on newly discovered evidence, to drop Foreign Corrupt Practices Act charges against two defendants involved in a Haitian port development project underscores the need for defense counsel to hold the DOJ to its own policies and precedents in all types of criminal cases, say attorneys at Miller & Chevalier.

  • How Inflation Reduction Act Will Lift Offshore Wind Projects

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    The Inflation Reduction Act should promote the development of offshore wind energy in multiple ways — including by improving the planning and permitting process for transmission infrastructure, expanding potential lease areas and making beneficial changes to the tax credits available for renewable energy developers, say attorneys at Day Pitney.

  • ABA Is Defending Profession's Values From Monied Influences

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    A recent Law360 guest article suggested that the American Bar Association ignored new opportunities for the legal industry by opposing nonlawyer ownership of law practices, but any advantages would be outweighed by the constraints nonlawyer owners could place on the independence that lawyers require to act in the best interest of their clients, says Stephen Younger at Foley Hoag.

  • CORRECTED: New Tax Credits For Renewables Should Offer Investors Relief

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    The Inflation Reduction Act's changes to tax credits for renewable energy projects should finally liberate tax equity investors from the restraints of the complex and onerous federal anti-abuse regime, says Kay Hobart at Parker Poe. Correction: Because of an editing error, a previous version of this article incorrectly characterized tax enforcement regimes in North Carolina and other states. This error has been corrected.

  • Inflation Reduction Act A Boon To Hydrogen, Carbon Capture

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    The Inflation Reduction Act's tax credits and direct payments, extension of existing renewable electricity subsidies, and other benefits will accelerate hydrogen and carbon capture projects across the U.S. — and will likely draw capital into the country that would otherwise have gone to projects elsewhere, say attorneys at Shearman.

  • Public-Private Partnerships Can Enable Infrastructure Repairs

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    As governmental entities at all levels continue to face intense financial pressures to fund operations, programs and benefit plans, public-private partnerships are a nonconventional funding method that may help address aging infrastructure, say Peter Hutcheon and John Lushis at Norris McLaughlin.

  • New Constitution In Chile Would Affect Infrastructure Projects

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    If Chile's new draft constitution is approved in next week's referendum, it will significantly alter the state's role in the economy — so investors in infrastructure projects must prepare for the possibility of heighted environmental protections and more state control of natural resources, say Craig Miles and Vanessa Alarcon Duvanel at King & Spalding.

  • Pre-Permit Best Practices For Texas Solar Farm Proposals

    Excerpt from Practical Guidance
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    When entering the pre-permit phase to construct and operate a solar farm in Texas, the developer's legal counsel should carefully establish definitions for key terms, including what constitutes an environmental permit, in order to ensure a smooth and flexible review process, says Larry Pechacek at V&E.

  • New Mass. Law A Step Forward For Offshore Wind

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    Recently enacted legislation in Massachusetts demonstrates the state's commitment not only to its renewable energy and greenhouse gas reduction goals, but specifically to supporting development of offshore wind projects — as well as development of transmission infrastructure to connect those projects to the grid, say attorneys at Day Pitney.

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