More Real Estate Coverage

  • September 06, 2024

    Cleveland-Cliffs Faces Trial Over Mining Co.'s Antitrust Claims

    A Delaware bankruptcy court has partially allowed claims accusing steelmaking giant Cleveland-Cliffs of engaging in anticompetitive behavior that harmed a mining venture's efforts to complete an iron mine and ore plant in northern Minnesota to go to trial by a jury in federal court.

  • September 05, 2024

    NJ To Offer Brownfield Tax Credits For Solar Projects

    New Jersey will bolster its tax credits for its brownfields redevelopment incentive program and grant tax credits to solar energy projects built on closed landfills as part of a bill signed by Gov. Phil Murphy.

  • September 05, 2024

    Winstead Opens Nashville Shop With 5-Attorney Team

    Texas-based Winstead PC has opened up a new office in Nashville, Tennessee, with the addition of five attorneys, including three from Epstein Becker Green.

  • September 04, 2024

    Banks Close $315.7M Deal For Texas Energy Storage Systems

    Deutsche Bank and First Citizens Bank headed up $315.7 million in financing for four Texas battery energy storage systems owned by a UBS Asset Management fund, the financial institutions announced Wednesday.

  • September 04, 2024

    Insurer Must Cover Woman's Fire Claim, Wash. Panel Says

    An insurer must cover a woman's claim for damage to her former home after she was assaulted and set on fire by her ex-husband, a Washington state appeals court ruled, finding that a domestic abuse exception to the policy's intentional loss exclusion applies.

  • September 04, 2024

    Ohio Board Denies Tax Break For Road Leased To School

    A service road that a school leased isn't exempt from property taxes because nearby business owners also used the road for noneducational purposes, the Ohio Board of Tax Appeals ruled Wednesday.

  • September 03, 2024

    5th Circ. Panel Pushes Plaintiff Groups In Oil Terminal Row

    A Fifth Circuit panel seemed wary of a claim by several groups who argued they hadn't forfeited arguments relating to vessel traffic on Texas' Gulf Coast, saying during oral arguments last week that the group's brief didn't include anything about forfeiture.

  • September 03, 2024

    Insurance Intermediary Can't Revive Biz Interference Claims

    Liberty Mutual and two of its adjusters had no obligation to work with an intermediary that helps contractors secure coverage, an Ohio appeals court ruled, rejecting the intermediary's claims that Liberty and the adjusters tortiously interfered with the intermediary's business relationships by refusing to communicate with it.

  • September 03, 2024

    Stearns Weaver Brings On Solo Land Use Ace In Tampa

    Florida's Stearns Weaver Miller Weissler Alhadeff & Sitterson PA announced Tuesday that it added a new shareholder in Tampa to its land development, zoning and environmental group from her own firm, Amy Huber PA.

  • August 30, 2024

    Feds Propose Tribal Oversight Of Utah National Monument

    Nearly 2 million acres of public lands within Utah's Grand Staircase-Escalante National Monument will be managed by a co-stewardship of tribal nations, with a focus on conservation and preservation, according to a proposed plan by the U.S. Bureau of Land Management.

  • August 30, 2024

    Partnership Asks 11th Circ. To Restore $9M Easement Break

    A partnership asked the Eleventh Circuit to reinstate its nearly $9 million deduction for donating a conservation easement in Georgia, saying the U.S. Tax Court erroneously limited the deduction to its cost basis by claiming partners who contributed the property had held it as inventory.

  • August 30, 2024

    NJ's Connell Foley Gets New Real Estate Group Co-Chair

    New Jersey firm Connell Foley LLP announced Friday that it has elevated a veteran real estate and land use partner to co-chair of the practice group, with an eye on growing the team and expanding its reach.

  • August 28, 2024

    Austin Light-Rail Plan Faces Fresh Suit Over Transit Tax Model

    A purported class of Austin, Texas, residents moved to block the financing structure for a transit plan in their latest state court challenge to the city's Project Connect model approved in a 2020 voter referendum.

  • August 28, 2024

    DC Circ. Rejects Challenges To Nuke Waste Storage Site

    A D.C. Circuit panel rejected a slew of challenges to federal regulators' approval of a temporary nuclear waste storage site in New Mexico, ruling that the U.S. Nuclear Regulatory Commission was right to include forward-looking terms about federally owned spent nuclear fuel in the license.

  • August 28, 2024

    Real Estate Atty Leaves Seyfarth For Womble Bond In Houston

    A seasoned real estate attorney with more than 10 years of experience representing stakeholders in leasing and sale transactions has moved his practice this week to Womble Bond Dickinson's Houston office after more than six years with Seyfarth Shaw LLP.

  • August 27, 2024

    Clark Hill Adds Atty In NYC From Schoeman Updike

    Clark Hill PLC said Tuesday that it is bringing a litigator to its New York City office as a member, one with a focus on financial services and business disputes as well as experience ranging from intellectual property to real estate issues.

  • August 27, 2024

    4 Firms Build Sixth Street's $250M Industrial REIT Investment

    Sixth Street Partners plans to invest $250 million into Plymouth Industrial REIT through a joint venture and preferred equity deal packaged by four law firms, seeing more opportunities with the real estate investment trust on the horizon, according to an announcement Aug. 27.

  • August 26, 2024

    Green Cement Market May Reach $86B Globally By 2032

    The market for environmentally friendly cement in 2032 is estimated to reach $86.2 billion in value, after it reached $36.1 billion in 2023, according to business research firm Allied Market Research.

  • August 22, 2024

    Ex-Morgan Stanley Representative Concedes SEC Suit

    A former Morgan Stanley representative who was criminally convicted in a $4.8 million Ponzi scheme has conceded in a suit brought by the U.S. Securities and Exchange Commission, saying he agrees with the agency that judgment should be issued against him.

  • August 22, 2024

    RE/MAX Atty Moves To Midwest Real Estate Data As GC

    A veteran in-house real estate attorney has joined Illinois-based Midwest Real Estate Data LLC as its general counsel.

  • August 22, 2024

    Builder Wins $524M Contract For Cybersecurity Agency HQ

    The U.S. General Services Administration announced that it has awarded a construction company with a $524 million contract to build the new Washington, D.C., headquarters for a U.S. Department of Homeland Security agency.

  • August 22, 2024

    Ohio Board Upholds Partial Valuation Of Old Coal Plant

    A decommissioned coal plant had two of its parcels properly valued by an Ohio county, but one additional parcel should have its valuation reduced because the structure built on it added no value, the Ohio Board of Tax Appeals ruled.

  • August 20, 2024

    Ariz. Tribe Wins Pause Of Lithium Project Construction

    An Arizona federal judge has granted the Hualapai Indian Tribe's bid for a temporary restraining order in its lawsuit seeking to halt U.S. government approval of a lithium exploration project that it says threatens the life of a sacred medical spring used for cultural and religious purposes.

  • August 20, 2024

    New Fed Rule Will Help Tribes Sponsor Watershed Projects

    The U.S. Department of Agriculture's Natural Resources Conservation Service said it has decided to amend its regulations for watershed projects, so Native American tribes and tribal groups can better carry out improvements for flood prevention and conservation.

  • August 20, 2024

    Ohio Justices Nix Local Appeal Of Pipeline's $950M Tax Value

    An Ohio county auditor cannot appeal a settlement agreement between the state tax agency and an energy company over the $950 million value of a gas pipeline transmission system, the state's highest court ruled Tuesday, upholding the state Board of Tax Appeals.

Expert Analysis

  • Remote Notarization Is A New Virtual Frontier For Mass.

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    Massachusetts' new law allowing for online execution of notarized documents leaves several unanswered questions regarding its requirement for all participating parties to be located within the state, potentially setting up for future litigation, says Katie Von Kohorn at Casner & Edwards.

  • How To Assess Accounting Materiality Amid Economic Crisis

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    Companies weathering the economic fallout of COVID-19 should consider three data-driven quantitative methods to help evaluate accounting materiality claims, particularly in cases where traditional factors fail to establish whether an error was material, and where data exists on comparable revision versus restatement decisions, say consultants at The Brattle Group.

  • COVID-19, Eminent Domain And Determining Compensation

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    Paul Kiernan at Holland & Knight discusses how to determine whether a government action taken in response to the pandemic that causes a property owner's loss can be characterized as an exercise of police power, or an exercise of eminent domain that would require compensation from the government.

  • Fracking Decision Strengthens Precedent On Forced Pooling

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    A Colorado federal court's ruling last month in Wildgrass Oil & Gas Committee v. State of Colorado joins several recent decisions confirming that forced pooling of mineral interests is legal in the context of hydraulic fracturing, says Russell Gips at Copeland & Rice.

  • Oil And Gas Cos. Must Prepare For Counterparty Bankruptcies

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    With many U.S. oil and gas producers, midstream companies and oil field service businesses struggling to survive the economic shocks from COVID-19 and the Saudi Arabia/Russia standoff, players in this space should be ready for counterparties to seek bankruptcy protection, say attorneys at Reed Smith.

  • Conservatorship Act Is Pa.'s Best Property Restoration Tool

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    Compared to other options, Pennsylvania's Abandoned and Blighted Property Conservatorship Act offers the best approach for renovating problematic properties because it encourages rehabilitation without demanding public expenditure, say Gaetano Piccirilli and Monica Platt at Klehr Harrison.

  • Reforms That Could Fix FERC's Pipeline Certificate Reviews

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    If the Federal Energy Regulatory Commission can't respond in timelier way to landowners' and environmentalists' challenges to pipeline certificates and related eminent domain actions, Congress or the courts may soon step in to resolve the problem, say attorneys at Steptoe & Johnson.

  • Bat Species Status Ruling Leaves Cos. Hanging

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    A D.C. federal court's recent overturning of the U.S. Fish and Wildlife Service's decision to list the northern long-eared bat as threatened rather than endangered creates regulatory uncertainty for those developing, constructing or operating projects within the species' range, say Brooke Wahlberg and Rebecca Barho of Nossaman.

  • Ruling On FERC's Tolling Orders Could Slow Pipelines

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    If the D.C. Circuit reins in the Federal Energy Regulatory Commission’s use of tolling orders — which delay court challenges to FERC directives — landowners might be gratified, but interstate pipeline construction projects could face added delays, says Richard Drom of Eckert Seamans.

  • Pa. Fracking Decision Leaves Trespass Question Open

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    In Briggs v. Southwestern Energy Production Co., the Pennsylvania Supreme Court has affirmed that fracked oil and gas belongs to whomever extracts it from the ground — but left open the potential for trespass actions when there is proof of physical invasion of the adjoining property, say attorneys with Saul Ewing.

  • Getting State Approvals For Energy Storage Siting

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    Many state laws are still ambiguous about regulatory oversight of energy storage facility siting, so energy storage developers should consider proactively engaging with state regulators to determine whether they will assert jurisdiction, says Andy Flavin of Troutman Sanders.

  • Trump's NEPA Reform Is No 'Nixon In China' Moment

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    There is broad consensus across the political spectrum that the National Environmental Policy Act needs common-sense procedural reforms, but President Donald Trump's proposal to update NEPA is merely a smorgasbord of changes favored by his supporters, say Seth Jaffe and Aaron Lang of Foley Hoag.

  • Unpacking The Final Opportunity Zone Regulations: Part 2

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    In the conclusion of his two-part article on the U.S. Department of the Treasury's final regulations for the opportunity zone tax regime, Tucker Thoni at GrayRobinson highlights taxpayer-friendly changes, including safe harbors and clarification of rules for tangible business property.

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