Nearly three dozen condominium owners called on a New Jersey state court Thursday to require President-elect Donald Trump's son-in-law, Jared Kushner, to testify at an upcoming trial over claims that his family's real estate firm and others deceived them into buying into a waterfront community that wasn't developed as proposed.
The alignment of law firms with or against the new administration in legal battles to come could open rifts among attorneys and clients. But the publicity earned for taking on a potentially unpopular case could ultimately be worth any public fallout.
The incoming president’s plans to rein in the power of federal agencies will lead to uncertainty for lawyers and their clients as pending investigations and rulemaking are stopped in their tracks.
A new look at the potential U.S. Supreme Court nominees’ rulings reveals a ranking of judicial influence with some surprises at the top — and at the bottom.
Jones Day’s Donald McGahn is stepping into the role of White House counsel, a powerful but little-understood position that has a strong history of impacting the president’s authority.
Liquidators for two Bear Stearns & Co. Inc. feeder funds on Thursday asked a New York state appeals court to revive their fraud suit accusing the big three credit rating agencies of lying about the creditworthiness of debt obligations backed by subprime mortgages, saying it was wrongly dismissed on timeliness and standing grounds.
GrayRobinson PA is taking an innovative approach with its latest hire, adding a veteran litigator who is launching a business contingency litigation practice at the full-service Florida law firm.
The Dubai real estate market heated up in the first two weeks of January, with 12 billion United Arab Emirates Dirham ($3.27 billion) in transactions done in the first 15 days, according to an announcement on Wednesday from the Dubai Land Department.
More than a dozen law firms grabbed work on the 10 largest U.S. real estate deals of 2016, a year that saw New York continue to lead, with transactions involving Manhattan office buildings taking eight spots on the list.
A spec mansion in L.A. is reportedly listed for a record $250 million, WRS Realty is said to be nearing a deal to pay $34.5 million for the Underground Atlanta mall, and insurance company Endurance has reportedly leased 143,000 square feet in New York from Rockefeller.
Real estate investment firm Rockwood Capital LLC said Wednesday that it has closed a new fund at its hard cap of $1.1 billion that will look to invest in a variety of property types in growing neighborhoods around the U.S.
A Russian real estate investor who convinced a California federal judge to freeze $116 million of his former partner’s money urged the Ninth Circuit on Wednesday to keep the injunction in place, saying the former partner's had his say and there's nothing unprecedented or illegal about the asset freeze.
McSam Hotel Group LLC has purchased the Club Quarters Hotel Wall Street from Rockwood Capital LLC for $93.55 million and has scored roughly $71.5 million in financing from Kelley Drye & Warren LLP-counseled Aareal Capital Corp., according to multiple documents filed in New York on Wednesday.
The owners of a 44-story apartment tower in the Lincoln Park neighborhood of Chicago have landed a $125 million loan to refinance the property, according to a statement on Wednesday from Holliday Fenoglio Fowler LP, which brokered the transaction.
Starwood Capital Group said Thursday that it would buy Canadian real estate investment trust Milestone Apartments REIT in a $2.85 billion cash deal that will see the investment firm bolster its multifamily holdings in the southern United States.
With over $115 billion in global real estate transactions to its credit in 2016, including blockbuster deals in the health care, hospitality and real estate investment trust sectors, Skadden Arps Slate Meagher & Flom LLP has landed among Law360's Real Estate Groups of the Year for the fourth consecutive year.
An Oklahoma federal judge granted class certification Tuesday to landowners claiming Chaparral Energy LLC withheld $150 million in gas royalties through improper deductions, but excluded a fraud claim and narrowed the group to those with agreements that don’t release the well operator’s obligation to pay production costs.
The U.S. Department of Homeland Security rolled out a rule last week aimed at updating the EB-5 visa program, and while it may combat gerrymandering in the program, attorneys say the regulation may also have a chilling effect on the number of immigrant investors who can apply for the visas.
The Navajo Nation pressed a New Mexico federal court on Wednesday to rule that a state court lacks jurisdiction over a dispute accusing a tribe member of interfering with the use of an irrigation ditch on his property.
Mexican industrial real estate investment trust Terrafina, advised by U.S.-based global real estate firm PGIM Real Estate, said Tuesday it had acquired 51 properties in two different portfolios valued at a total of $422 million.
Instead of trying to change the new workforce to follow a law firm's existing processes and procedures, perhaps it's time for firms to start changing their processes and procedures to better accommodate the mentality of this next generation of lawyers, says Christopher Imperiale, a law firm adviser with Berdon LLP.
Every year, statistics reveal very little change in the number of women and minorities in the ranks of partnership. So how do law firms change this painfully slow rate of progress? It takes more than adding a diversity policy or a women’s leadership program to the current law firm business model, says Lucia Chiocchio, co-chair of Cuddy & Feder LLP's telecommunications and land use, zoning & development groups.
Two recent opinions in Lassman v. Cameron Construction and Spradlin v. Beads And Steeds Inns concerning the law of substantive consolidation serve as an important reminder of the significant equitable power that bankruptcy courts wield. That power affects the fate not only of debtors and their creditors but the rights and obligations of related parties and their creditors as well, says John Loughnane of Nutter McClennen & Fish LLP.
After a full year in effect, the amended Federal Rule of Civil Procedure 37(e) has been tested in a variety of district courts. A sampling of these decisions reveals that courts seem to be adhering closely to the amended rule and ordering adverse inference instructions only where there was intent to deprive another party of access to relevant information, say Carrie Amezcua and Samantha Southall of Buchanan Ingersoll & Rooney PC.
Many organizations are interested in finding electronic discovery partners who offer tantalizingly low prices for electronic discovery services. However, unforeseen gaps, lax security practices, ignorance of global practices and delayed deliverables can all add up to a surprisingly large final cost, says Michael Cousino of Epiq Systems.
In this episode of Fashion Counsel, Arent Fox LLP partner Anthony Lupo and retail consultant Steve Birkhold (former CEO of Lacoste, Diesel, BEBE and Earl Jeans) discuss factory outlets — the nation’s fastest developing retail sector. Increasingly, outlets are “destination centers,” offering entertainment and amenities, not just retail stores. But they may raise special legal issues for participants.
Construction, repairs and renovations in New York City often require access to neighbors' property. Co-op and condo building boards should take the time to fully understand the different types of access that developers might request, say Laurie Stanziale and Steven Troup of Tarter Krinsky & Drogin LLP.
As critical as lawyers are to society, they are reported to be the most frequently depressed occupational group in the United States. In response to the inherently stressful nature of the practice of law, more and more lawyers are turning to an ancient contemplative practice called “mindfulness,” says Jennifer Gibbs of Zelle LLP.
Blockchain is essentially a computerized public ledger that can apply to almost anything that a person might save into a database or spreadsheet. This versatile technology may enhance the legal industry by providing an improved record keeping system, setting up "smart contracts" and tracking intellectual property and land records, say R. Douglas Vaughn and Anna Outzen of Deutsch Kerrigan LLP.
Last month, an administrative law judge struck down the Florida Department of Environmental Protection's proposed "Public Notice of Pollution," which would have required that pollution be reported to government officials and property owners in affected areas. Industry opposition to the rule suggests that future notice requirements will continue to be hotly debated, says Daniel Thompson of Berger Singerman LLP.