Residential

  • April 17, 2024

    4th Circ. Affirms No Shield From IRS For Home In Bankruptcy

    A North Carolina man who filed for bankruptcy protection and owes federal tax debt cannot shield the house he owns with his wife from the Internal Revenue Service, which is pursuing the asset as a creditor in the proceedings, the Fourth Circuit affirmed Wednesday.

  • April 17, 2024

    Ore. City And Homeless Class Stake Spots Over Camping Ban

    The U.S. Supreme Court will hear arguments Monday in a case weighing whether an Oregon city's anti-camping laws violate the Eighth Amendment's ban on cruel and unusual punishment. Here, Law360 previews the stances carved out by the city and a certified class of homeless residents.

  • April 17, 2024

    BH Group, Kolter Partner On $102.6M Fla. Beachfront Site

    BH Group and Kolter Group said April 17 they purchased one of the few remaining ultra-luxury beachfront development sites in Florida with a $102.6 million land buy in Naples.

  • April 17, 2024

    An Architect's Guide To Lunar Housing

    While some architects are challenging local zoning codes and designing innovative facades, the team at Bjarke Ingels Group is figuring out how to construct housing to withstand frequent meteorite attacks and one-sixth of the Earth's gravity.

  • April 16, 2024

    IRS Publishes 2024 Average Residence Purchase Price Data

    The Internal Revenue Service published data Tuesday on the average purchase price for U.S. residences in different areas, which is used to determine whether bond interest can be excluded from gross income.

  • April 16, 2024

    NY Budget Deal Revives 421a Credit In Housing Supply Push

    New York Gov. Kathy Hochul said state lawmakers have agreed to the terms of a state budget reviving an expired affordable housing tax credit, backing office-to-residential conversions and taking other steps to combat New York City's housing affordability crisis.

  • April 16, 2024

    Manufactured Housing Cos. Slam 'Nonsensical' Antitrust Suit

    A mobile homes data company and multiple manufactured housing companies once again have urged an Illinois federal court to toss rent price-fixing claims brought by a proposed class of mobile home renters.

  • April 16, 2024

    3 Takeaways From Urban Land Institute's Resilience Summit

    Real estate professionals across the country convened in New York City last week to talk about how to navigate an inconvenient truth in real estate — that extreme weather and climate change must be factored into investments. Here are three takeaways from the conference.

  • April 16, 2024

    Excess Carriers Say Property Co. Not Covered In Antitrust Suit

    Two excess insurers said they don't owe coverage to a property management company for underlying litigation alleging a price-fixing conspiracy involving software company RealPage Inc., telling a Massachusetts federal court that a professional services exclusion in the primary policy bars coverage.

  • April 15, 2024

    Union Pacific Beats Most Claims In Kansas Chemical Spill Suit

    A Kansas federal judge tossed most of a proposed class action's claims against Union Pacific Railroad Co., which is accused of contaminating Wichita properties by mishandling hazardous and toxic materials at an industrial railroad site located at 29th Street and Grove.

  • April 15, 2024

    NYC Offers 'Wholesale' Zoning Update To Boost Affordability

    New York City Mayor Eric Adams and city planning officials are relying on a constellation of zoning changes that loosen parking requirements, permit more density and aid building conversions as part of a plan that could pressure state lawmakers to act on housing costs.

  • April 15, 2024

    Brookfield Cos. Want Va. Homebuyers' Class Action Tossed

    Entities connected to Brookfield Asset Management Inc. urged a Virginia federal court to toss homebuyers' proposed class claims that the entities invalidated their home warranties by building and selling homes without having proper licenses.

  • April 15, 2024

    9th Circ. Says Court Must Consider Pay In Navajo Benefits Bid

    The Ninth Circuit has vacated a ruling that a Navajo Nation member failed to prove he was wrongfully denied relocation benefits after the U.S. gave his ancestral lands to the Hopi Tribe, with a split panel remanding the case to federal district court with instructions to consider evidence of his income.

  • April 15, 2024

    Ind. Tax Board Hikes Home Value Based On Purchase Price

    The Indiana Board of Tax Review increased the valuation of a couple's home based on its purchase price after finding that a sales comparison analysis by the property owners was insufficient to justify a lower value.

  • April 15, 2024

    Addiction Recovery Home Says City Seeks Wrongful Eviction

    An addiction recovery home is suing the city of Lincoln, Nebraska, and the Lincoln-Lancaster County Planning Commission in federal court, saying they are wrongly using zoning rules in a bid to evict residents from one of its homes in violation of the Fair Housing Act and Americans with Disabilities Act.

  • April 15, 2024

    NYC Real Estate Week In Review

    Venable and Holland & Knight are among the law firms that guided the largest real estate deals that hit New York City public records last week, a period that saw four matters north of $20 million become public.

  • April 15, 2024

    Clark Hill Adds Fla. Real Estate Atty With 17 Years' Experience

    Clark Hill PLC has hired a longtime real estate attorney with almost two decades of experience who spent the past nine years working on transactional and other related real estate matters as a solo practitioner, the firm announced Monday.

  • April 15, 2024

    Justices Won't Hear Brokerage's Arbitration Claim In Fees Suit

    The U.S. Supreme Court declined on Monday to hear HomeServices of America's argument that certain class members in a lawsuit over real estate agents' commissions should have been compelled to arbitrate their antitrust claims rather than taking them to a jury.

  • April 15, 2024

    High Court Passes On Tenants' Debt Collection Dispute

    The U.S. Supreme Court on Monday declined to consider a Ninth Circuit ruling that revived a suit filed by tenants who hit a California law firm with a Fair Debt Collection Practices Act suit.

  • April 12, 2024

    NJ Gives Counties Power To Up Tax After Paying Off Debt

    New Jersey will allow counties greater authority to impose property taxes after retiring debts under a bill signed into law by Democratic Gov. Phil Murphy.

  • April 12, 2024

    Feds Say Ga. Apartments Denied Wheelchair Accommodation

    Federal prosecutors on Thursday hit a Savannah, Georgia, apartment complex, a local housing authority and other defendants with a Fair Housing Act complaint alleging they denied a disabled resident an accessible apartment in spite of her repeated requests that they accommodate her disability.

  • April 12, 2024

    Ohio Landlords Win Partial Class Cert. For Outsider Fees Suit

    An Ohio federal judge partially certified a class of Cleveland Heights property owners who are challenging the constitutionality of a $100 fee applied to those who lease their properties but don't live in Cuyahoga County.

  • April 12, 2024

    Mich. High Court Snapshot: Atty Sanctions Kick Off April

    The Michigan Supreme Court returns Tuesday for its April session, hearing oral arguments about judges' ability to sanction lawyers for past attorneys' work in a case, what defendants say could be double recovery in wrongful death cases, and an attempt to use a Larry Nassar-inspired law to sue Catholic priests for decades-old abuse allegations.

  • April 12, 2024

    KB Home's 'Emeritus' Director Bylaw Invalid, Chancery Rules

    A KB Home bylaw that allowed the homebuilder's board to unilaterally shift an acting director into a non-functioning "emeritus" role without conducting a stockholder vote is invalid under Delaware law, a Delaware Chancery Court judge said Friday, siding with a shareholder who challenged the rule.

  • April 12, 2024

    SEC Says Developer Pulled EB-5 Funds From Nursing Homes

    The U.S. Securities and Exchange Commission accused a Las Vegas developer of using $10 million raised by overseas investors hoping to immigrate to the U.S. to pay down a loan for a project unconnected to their immigration applications.

Expert Analysis

  • How Attorneys Can Help Combat Anti-Asian Hate

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    Amid an exponential increase in violence against Asian American and Pacific Islander communities, unique obstacles stand in the way of accountability and justice — but lawyers can effect powerful change by raising awareness, offering legal representation, advocating for victims’ rights and more, say attorneys at Gibson Dunn.

  • Congress Needs To Enact A Federal Anti-SLAPP Statute

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    Although many states have passed statutes meant to prevent individuals or entities from filing strategic lawsuits against public participation, other states have not, so it's time for Congress to enact a federal statute to ensure that free speech and petitioning rights are uniformly protected nationwide in federal court, say attorneys at Skadden.

  • Banking Tips For Lending To Calif. Homeowners Associations

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    With current financial markets and recent changes to California law putting a brighter spotlight on lending, banks should understand the special considerations involved in lending to homeowners associations and the various possible remedies in the event of a default, says Alex Grigorians at Hanson Bridgett.

  • Some Client Speculations On AI And The Law Firm Biz Model

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    Generative artificial intelligence technologies will put pressure on the business of law as it is structured currently, but clients may end up with more price certainty for legal services, and lawyers may spend more time being lawyers, says Jonathan Cole at Melody Capital.

  • How Rent Proposals May Affect Most Populous Md. County

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    Of the various legislative changes concerning rent controls and property taxes that are being considered in Montgomery County, Maryland, comparatively milder controls are likely to prevail, but even these lenient measures may make it more difficult for the county to fulfill its needs for new housing, says Michael Murray at Greysteel.

  • A Lawyer's Guide To Approaching Digital Assets In Discovery

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    The booming growth of cryptocurrency and non-fungible tokens has made digital assets relevant in many legal disputes but also poses several challenges for discovery, so lawyers must garner an understanding of the technology behind these assets, the way they function, and how they're held, says Brett Sager at Ehrenstein Sager.

  • High Court's Ethics Statement Places Justices Above The Law

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    The U.S. Supreme Court justices' disappointing statement on the court's ethics principles and practices reveals that not only are they satisfied with a status quo in which they are bound by fewer ethics rules than other federal judges, but also that they've twisted the few rules that do apply to them, says David Janovsky at the Project on Government Oversight.

  • Texas Justices' PNC Opinion Clarifies Subrogation Questions

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    Thanks to the sorely needed clarification provided by the Texas Supreme Court in PNC Mortgage v. Howard, a home equity lender now has a better understanding of what it can do when its own lien is constitutionally invalid but is either equitably or contractually subrogated to a prior lien, say Daron Janis and Dave Foster at Locke Lord.

  • Assessing The Reach Of 9th Circuit's Natural Gas Ruling

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    The Ninth Circuit's recent decision in California Restaurant Association v. Berkeley, affirming that the Energy Policy and Conservation Act preempts certain state and local natural gas bans, may chill other efforts to limit usage of natural gas and raises important questions for utility companies, natural gas consumers and policymakers to consider, say attorneys at Greenberg Traurig.

  • Time For Law Schools To Rethink Unsung Role Of Adjuncts

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    As law schools prepare for the fall 2023 semester, administrators should reevaluate the role of the underappreciated, indispensable adjunct, and consider 16 concrete actions to improve the adjuncts' teaching experience, overall happiness and feeling of belonging, say T. Markus Funk at Perkins Coie, Andrew Boutros at Dechert and Eugene Volokh at UCLA.

  • Ch. 13 Ruling Issues Warning To Mortgage Servicers

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    The Ninth Circuit Bankruptcy Appellate Panel’s recent ruling in Orlansky, which held that the mortgage servicer violated the automatic stay in its post-petition communication to debtors, suggests that circuit bankruptcy courts may more closely scrutinize how certain fees are presented in monthly statements, say Justin Paget and Jennifer Wuebker at Hunton.

  • Using Synthetic Securitization In Residential Mortgage Loans

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    In light of a recent Federal Reserve report emphasizing the importance of maintaining sufficient capital positions, banking organizations should consider using synthetic securitization to help mitigate capital charge associated with residential mortgage loan portfolios, say attorneys at Mayer Brown.

  • Tips For In-House Legal Leaders In A Challenging Economy

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    Amid today's economic and geopolitical uncertainty, in-house legal teams are running lean and facing increased scrutiny and unique issues, but can step up and find innovative ways to manage outcomes and capitalize on good business opportunities, says Tim Parilla at LinkSquares.