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December 12, 2025
Treasury Issues Final Regs For Taxing Foreign Govt. Income
The U.S. Treasury Department issued final regulations Friday for determining whether income of foreign governments derived within the U.S. is taxable along with proposed regulations concerning when a foreign government has effective control of a commercial entity.
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December 12, 2025
HUD Opens Investigation Into Boston's Housing Policies
The federal government said it is investigating alleged racial discrimination in Boston's housing programs, accusing the city of favoring nonwhite residents in an effort to achieve racial equity in housing.
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December 12, 2025
5th Circ. Tosses Chinese Citizen's Suit Over Texas Land Law
The Fifth Circuit has affirmed the dismissal of a Chinese citizen's suit challenging a Texas law that bars residents and entities domiciled in specific countries, such as China, from buying property in the state, ruling the plaintiff lacks standing to sue because China is not his permanent home and he does not "intend to return."
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December 12, 2025
Taxation With Representation: Cravath, Skadden, Debevoise
In this week's Taxation With Representation, Paramount Skydance Corp. launches a hostile bid for Warner Bros. Discovery, challenging Netflix's deal to acquire the studio and streaming business, IBM acquires data streaming company Confluent, and natural gas company Antero Resources Corp. expands via a deal with HG Energy.
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December 11, 2025
9th Circ. Won't Rethink Vegas Hotels' Win In Price-Fixing Suit
The Ninth Circuit on Thursday rejected Las Vegas hotel guests' request for the full appeals court to reconsider a panel's August ruling that threw out their proposed class action accusing the casino-hotel operators of using software to illegally inflate room rates.
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December 11, 2025
Fla. Judge OKs Ch. 11 Plan For $1.7B Miami High-Rise Plot
A Florida bankruptcy judge confirmed Thursday the Chapter 11 plan for the owners of a prized piece of land proposed for a high-rise construction along the skyline of downtown Miami that could be worth more than $1 billion once redeveloped.
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December 11, 2025
SEC Gets Amended $32M Win In Real Estate Fraud Suit
A Florida federal judge on Thursday granted the U.S. Securities and Exchange Commission's bid for an amended $32 million default judgment against three companies owned by two French half-brothers accused of misappropriating $40 million from investors in a real estate investment fraud scheme, and entered a final judgment against one of the brothers.
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December 11, 2025
FTC Challenges $725M Construction Adhesives Deal
The Federal Trade Commission filed suit Thursday in New York federal court to challenge a $725 million merger combining Loctite with Liquid Nails, arguing that joining "the clear top two brands of construction adhesives" would drive up costs for home building and improvement.
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December 11, 2025
FEMA's Freeze On Disaster Mitigation Funds Ruled Unlawful
The Trump administration unlawfully terminated Federal Emergency Management Agency funds intended to pay for disaster mitigating projects, a Massachusetts federal judge ruled Thursday, describing the case as an "unlawful executive encroachment on the prerogative of Congress to appropriate funds" for specific purposes.
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December 11, 2025
Zillow Cases Over Agent Steering, Kickbacks Merge In Wash.
A Washington federal judge on Thursday appointed Hagens Berman Sobol Shapiro LLP and DiCello Levitt LLP as interim co-lead counsel over consolidated claims that Zillow paid kickbacks to brokers for referrals to its own mortgage services, among other anticompetitive conduct using company agents.
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December 11, 2025
Ga. Dorm Operator Gets Approval For Ch. 11 Sale Plan
A Delaware bankruptcy judge Thursday approved the Chapter 11 plan for the operator of the dormitories at eight Georgia public university campuses, overruling an objection to the claims releases in the plan
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December 11, 2025
3 Firms Guide Enova's $369M Grasshopper Bank Acquisition
Fintech lender Enova International said Thursday it plans to buy digital bank Grasshopper in a $369 million deal guided by Covington & Burling LLP, Squire Patton Boggs LLP and Hogan Lovells LLP.
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December 11, 2025
Nonprofit Says Calif. Gov. Order Wrongfully Blocks Housing
A housing nonprofit sued California Gov. Gavin Newsom and other parties in state court over government orders that blocked the construction of residential properties in certain areas hit by the January wildfires.
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December 11, 2025
Atlanta Nonprofit Says Law Firm's Lies Blocked Housing Deal
An affordable housing nonprofit in Atlanta has accused a Georgia law firm, attorney and their client in state court of lying and improperly blocking its attempt to sell townhomes it had developed, arguing that the defendants defied a court order in an underlying real estate dispute.
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December 11, 2025
Duolingo, CoStar Prevail In Font Patent Fight At Fed. Circ.
The Federal Circuit on Thursday refused to revive a pair of computer font patents challenged by Duolingo Inc. and CoStar Realty Information Inc., backing the Patent Trial and Appeal Board findings that the patents were invalid.
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December 11, 2025
Attys Seek $9.8M For Opendoor Investor Suit Deal
Attorneys from Labaton Keller Sucharow LLP asked an Arizona federal court for nearly $10 million for their work negotiating a $39 million settlement between real estate firm Opendoor Technologies Inc. and its investors to resolve claims the company overhyped its pricing algorithm software.
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December 11, 2025
Feds Challenge Utah Tribe's 1800 Act Land Ownership Claim
The federal government is asking the D.C. Circuit to reject a bid by the Ute Indian Tribe to reverse a lower court decision that denied it ownership of 1.5 million acres of U.S. land, saying the challenge is based on mischaracterizations of a 19th century law.
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December 11, 2025
Offshore Lease Sales Net $279M With Chevron, BP, Shell Bids
The Trump administration wrapped up the first in a series of offshore oil and gas lease sales in the Gulf of Mexico under a July tax cut and spending bill, with Chevron, BP and Shell joining in the bidding process.
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December 10, 2025
Ex-NY Gov Aide Rips Dearth Of Fact Witnesses In FARA Trial
Counsel for an aide to two New York governors on Wednesday tore into allegations that she secretly acted as an agent of the People's Republic of China, telling a Brooklyn federal jury that the government's case rests on nothing more than out-of-context chats and little relevant testimony.
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December 10, 2025
Willkie, Latham Guide $242M Infrastructure IPO
Cardinal Infrastructure Group's shares began trading on the Nasdaq on Wednesday, following an over $241 million initial public offering led by Willkie Farr & Gallagher LLP and Latham & Watkins LLP.
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December 10, 2025
Miami Condo Owners Demand Developer Repair Damages
The condominium owner holdouts who successfully got a Florida appeals court to block the redevelopment of their waterfront building asked a judge Wednesday to compel the developer that controls the majority of units to repair the building, which they said has been stripped while litigation was pending.
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December 10, 2025
Mich. Justices Ask If Tenant's Age Plays Into Fall Liability
Michigan Supreme Court justices during Wednesday oral arguments questioned whether residences for elderly and disabled tenants may have a stricter obligation to maintain their common areas in a case where a woman says her complex and a contractor should be liable for her fall in a parking lot.
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December 10, 2025
DOJ Seeks Fairness Review From High Court In Tax Dispute
A property owner is appropriately compensated if given surplus proceeds from a government sale of their property for more than the owner owed, provided the sale was conducted fairly, the federal government told the U.S. Supreme Court.
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December 10, 2025
Veris Residential Sells Jersey City Multifamily Site For $75M
Multifamily real estate investment trust Veris Residential on Tuesday announced it had sold a 4.2-acre land parcel zoned for a pair of high-rise apartment projects in Jersey City, New Jersey, to a local developer for $75 million.
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December 10, 2025
NAR, Brokerages Fight Antitrust Suit Renewal In 10th Circ.
The National Association of Realtors and three brokerages are urging the Tenth Circuit not to revive a residential brokerage startup's antitrust suit, arguing that Homie Technology Inc. once flourished thanks to the same NAR rules it now claims are anticompetitive.
Expert Analysis
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How Choice Of Law Won The Day In NC Biz Court COVID Case
The North Carolina Business Court recently ruled for policyholders in Tanger Properties v. ACE American Insurance, a business interruption lawsuit arising from the pandemic-related closure of Tanger outlet centers, underscoring the significant role that choice of law plays in insurance coverage disputes, say attorneys at Hunton.
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Series
Knitting Makes Me A Better Lawyer
Stretching my skills as a knitter makes me a better antitrust attorney by challenging me to recalibrate after wrong turns, not rush outcomes, and trust that I can teach myself the skills to tackle new and difficult projects — even when I don’t have a pattern to work from, says Kara Kuritz at V&E.
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The Hidden Pitfalls Of Letters Of Credit In Lease Negotiations
Amid a surge in commercial office leasing driven by artificial intelligence firms, it's crucial for landlords to be aware of the potential downside of accepting letters of credit — in particular, for amounts of security that are less than the statutory bankruptcy claim cap, say attorneys at Allen Matkins.
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Series
The Biz Court Digest: Welcome To Miami
After nearly 20 years in operation, the Miami Complex Business Litigation Division is a pioneer upon which other jurisdictions in the state have been modeled, adopting many innovations to keep its cases running more efficiently and staffing experienced judges who are accustomed to hearing business disputes, say attorneys at King & Spalding.
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What Law Firm Liability Risks In 2025 Signal For Year To Come
Trends and statistics reveal that law firms of all sizes and practice areas remained attractive litigation targets this year, so firms must take concrete steps to avoid professional liability risks in the year to come, say Douglas Richmond and Andrew Ricke at Lockton Companies.
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Recent Proposals May Spell Supervision Overhaul For Banks
A slew of rules recently proposed by the federal banking agencies with approaching comment deadlines would rewrite supervision standards to be further tailored to banks' size and activities, while prioritizing financial risks over process, documentation and other nonfinancial risks, say attorneys at Davis Wright.
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AI Evidence Rule Tweaks Encourage Judicial Guardrails
Recent additions to a committee note on proposed Rule of Evidence 707 — governing evidence generated by artificial intelligence — seek to mitigate potential dangers that may arise once machine outputs are introduced at trial, encouraging judges to perform critical gatekeeping functions, say attorneys at Lankler Siffert & Wohl.
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Where Things Stand At The CFPB As Funding Dries Up
The Consumer Financial Protection Bureau is on pace to run out of funding in the new year, threatening current and future rulemaking efforts, but a rapid series of recent actions still carries significant implications for regulated entities and warrants careful monitoring in the remaining weeks of the year, say attorneys at Brownstein Hyatt.
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Series
The Law Firm Merger Diaries: Getting The Message Across
Communications and brand strategy during a law firm merger represent a crucial thread that runs through every stage of a combination and should include clear messaging, leverage modern marketing tools and embrace the chance to evolve, says Ashley Horne at Womble Bond.
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Steps For Cos. To Comply With Colo. Deceptive Pricing Law
Colorado's newly passed law protecting against deceptive pricing practices will take effect on Jan. 1, broadening the consumer protection framework and standardizing total price disclosure requirements across a variety of industries, and there are several steps businesses can take to comply, say attorneys at Haynes Boone.
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Opinion
Horizontal Stare Decisis Should Not Be Casually Discarded
Eliminating the so-called law of the circuit doctrine — as recently proposed by a Fifth Circuit judge, echoing Justice Neil Gorsuch’s concurrence in Loper Bright — would undermine public confidence in the judiciary’s independence and create costly uncertainty for litigants, says Lawrence Bluestone at Genova Burns.
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10 Commandments For Agentic AI Tools In The Legal Industry
Though agentic artificial intelligence has demonstrated significant promise for optimizing legal work, it presents numerous risks, so specific ethical obligations should be built into the knowledge base of every agentic AI tool used in the legal industry, says Steven Cordero at Akerman LLP.
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Class Actions At The Circuit Courts: December Lessons
In this month's review of class action appeals, Mitchell Engel at Shook Hardy discusses recent rulings and identifies practice tips from cases involving securities, takings, automobile insurance, and wage and hour claims.
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Opinion
California Vapor Intrusion Policy Should Focus On Site Risks
As California environmental regulators consider whether to change the attenuation factor used in screenings for vapor intrusion, the most prudent path forward is to keep the current value for screening purposes, while using site-specific, risk-based numbers for cleanup and closure targets, says Thierry Montoya at Frost Brown.
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Series
Preaching Makes Me A Better Lawyer
Becoming a Gospel preacher has enhanced my success as a trial lawyer by teaching me the importance of credibility, relatability, persuasiveness and thorough preparation for my congregants, the same skills needed with judges and juries in the courtroom, says Reginald Harris at Stinson.