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Real Estate

  • May 25, 2018

    What Does Gender Parity In The Legal Industry Look Like?

    Law360 asked more than 40 women how we’ll know when the legal industry has achieved true gender parity. Here’s what they had to say.

  • May 25, 2018

    The Best Law Firms For Female Attorneys

    While the latest Glass Ceiling Report again shows only incremental growth for female lawyers in private practice, some firms are proving that building a more equitable profession is possible. Here are the law firms leading the way.

  • May 25, 2018

    Texas Justices Say HOA Can't Stop Short-Term House Rentals

    A San Antonio, Texas, homeowner who rented out his house through VRBO.com didn’t violate deed restrictions that limited his property to residential use and required a single-family house on the land, the Texas Supreme Court said Friday.

  • May 25, 2018

    Biotechs Lead Wave Of New IPOs Filling June Pipeline

    A wave of venture-backed biotechnology and health care companies are lining up initial public offerings that could price in June, including at least eight that filed plans during the week of May 21, leading more than a dozen IPO prospects set to reignite deal flow in the coming weeks.

  • May 25, 2018

    UK Litigation Roundup: Here's What You Missed In London

    The last week has seen an Irish real estate developer sue Ireland's "bad bank," a contract dispute between two African banks and a French fishing operator, and several major insurers take Danish shipping giant Maersk to court. Here, Law360 looks at those and other new claims in the U.K.

  • May 25, 2018

    Applebee’s Sues Franchisee In Ch. 11 Over Deal Breaches

    The parent company of Applebee’s Neighborhood Bar and Grill sued a bankrupt franchisee in Delaware on Friday, saying the debtor breached franchise agreements by closing several restaurants without permission and ceased making royalty payments several months before its Chapter 11 filings.

  • May 25, 2018

    Texas Justices OK Separate Tax Appraisal Of Disposal Wells

    The Texas Supreme Court on Friday held that an appraisal district’s valuing of saltwater disposal wells separately from the land on which they are located is a valid appraisal method, rejecting the landowners’ arguments that such valuations double-taxed the wells.

  • May 25, 2018

    Ponzi Scheme Receiver's $9.4M Clawback Suit Wins OK

    A lawsuit seeking to claw back about $9.4 million from a real estate investment trust that obtained funds from a Ponzi schemer can move forward, a Michigan federal judge ruled Friday.

  • May 25, 2018

    Pearson Seeking To Simplify London Real Estate Portfolio

    London-based publisher Pearson PLC is considering simplifying its London property portfolio as part of an ongoing process of becoming more efficient, the company said Friday.

  • May 25, 2018

    DLA Piper Adds Ex-Head Of Cooley Real Estate Practice

    The former head of Cooley LLP's real estate practice, who has represented corporations seeking approval of land use for various projects, has joined DLA Piper as a partner in Northern Virginia, the firm said on Thursday.

  • May 25, 2018

    Jewish Law Scholar Can Testify In Cozen Fraud Row

    A Pennsylvania judge said Thursday he will allow a jury to hear from a scholar of Jewish law about the "cultural norms and business practices" at play in a Philadelphia real estate deal at the center of an investor’s accusations that he was duped by broker Cushman & Wakefield and lawyers at Cozen O'Connor and Blank Rome LLP.

  • May 25, 2018

    Quicken Loans Urges FCC To Narrow 'Autodialer' Definition

    Quicken Loans Inc. has urged the Federal Communications Commission to clarify that a device that dials numbers from a list does not qualify as an “autodialer,” chiming in as the agency seeks input on how it should redefine the term after the D.C. Circuit found it too broad.

  • May 25, 2018

    9th Circ. Wrongly Expanded Fishing Rights Treaty, Tribe Says

    The Makah Indian tribe has asked the U.S. Supreme Court to review a Ninth Circuit decision backing a lower court's finding that the U.S. gave the Quileute Indian tribe and the Quinault Indian Nation the right to hunt whales and seals when it granted both the "right of taking fish" in a treaty signed in 1855.

  • May 24, 2018

    Excess Insurer Says It Shouldn't Defend Hurt Worker's Suit

    Scottsdale Insurance Co. hit Columbia Insurance Group Inc. with a lawsuit in Illinois federal court Thursday over claims Scottsdale has been defending two property companies that should have been covered under Columbia’s policy in an underlying case over a man’s work injuries.

  • May 24, 2018

    Westfield Shareholders Bless $15.7B Unibail-Rodamco Deal

    Westfield Corp. shareholders have signed off on the shopping center owner-operator’s proposed $15.7 billion takeover by Unibail-Rodamco SE, according to a Thursday announcement by the French real estate investment firm.

  • May 24, 2018

    'Intentional Conduct' Negates Firm's Coverage, Ill. Court Says

    An Illinois appellate panel has reversed a lower court and ruled that the Illinois State Bar Association Mutual Insurance Co. does not have to cover the Leighton Legal Group LLC in an underlying suit over the alleged mismanagement of a trust because the conduct was characterized as intentional and therefore excluded from the policy.

  • May 24, 2018

    NJ Atty General Vows To Defend SALT Workaround In Court

    New Jersey’s attorney general told the Internal Revenue Service on Thursday the state would challenge any guidance that could damper legislative attempts to sidestep the new federal tax law’s $10,000 limit on state and local tax deductions.

  • May 24, 2018

    Developer, Gov’t Settle $30M Fla. Munitions Cleanup Suit

    A Florida federal judge has dismissed a lawsuit after being informed of a settlement between the U.S. government and a developer that sought up to $30.5 million in cleanup costs for an Orlando site that was used for World War II-era U.S. Air Force munitions testing, according to a filing on Wednesday in Florida federal court.

  • May 24, 2018

    Exelon Takes $500M Tax Hit Over Coal Plant Sale To 7th Circ.

    Exelon Corp. asked the Seventh Circuit to reverse a U.S. Tax Court judgment hitting it with more than $500 million in tax deficiencies and penalties on Thursday, arguing the company’s efforts to defer income tax on the sale of its Illinois coal plants were aboveboard.

  • May 24, 2018

    Williams Mullen Adds Construction Litigation Pro To NC Office

    Williams Mullen has added an attorney from Yates McLamb & Weyher LLP with experience litigating construction disputes between owners, contractors and subcontractors to its Raleigh, North Carolina, office, the firm said on Thursday.

Expert Analysis

  • Unique Office-Leasing Issues For Tech Companies: Part 1

    Excerpt from Lexis Practice Advisor
    Daniel Suckerman

    When negotiating leases for office space, technology companies should pay particular attention to use and operations issues like permitted use provisions, density limits and building services and amenities, says Daniel Suckerman of Lowenstein Sandler LLP.

  • Changes To Rule 23 Are Coming, Are You Prepared?

    Niki Mendoza

    Proposed amendments to the Federal Rules of Civil Procedure Rule 23, which governs class actions, are set to take effect on Dec. 1, 2018, pending approval. The amendments would significantly alter class action litigation procedure from notice to settlement, says Niki Mendoza of Garden City Group LLC.

  • How To Negotiate Wireless Infrastructure Agreements

    Walt Sapronov

    When negotiating shared wireless infrastructure contracts in large venues, sponsors should pay close attention to technology specifications, upgrades and interference protection, say Walt Sapronov and Kenneth Klatt of Sapronov and Associates PC.

  • Tax Planning In The Age Of Tax Reform: Part 2

    Ellen McElroy

    Businesses face challenges in implementing the Tax Cuts and Jobs Act, especially given its size and scope and the ambiguities that remain regarding its application. Unfortunately, if administrative guidance and technical corrections are not issued soon, companies may lose valuable rights, say attorneys with Eversheds Sutherland LLP.

  • Lessons From Recent Developers' Win In Fla. Condo Case

    Glen Waldman

    Prive Developers prevailed in its claim against William Island Property Owners' Association by successfully showing that the stigma of litigation caused damages due to increased financing costs, additional construction costs, and additional sales and marketing costs, say attorneys with Waldman Barnett PL and Barry Mukamal of KapilaMukamal LLP.

  • What To Expect From DOJ Shift In Marijuana Enforcement

    Gerald Sachs

    Under the U.S. Department of Justice's new marijuana enforcement strategy, the DOJ is unlikely to begin prosecuting marijuana growers and distributors who are operating in compliance with state law. The DOJ will likely prosecute the most egregious violators of state law, say Gerald Sachs and Evan Shea of Venable LLP.

  • Lawyering A La Carte: Unbundled Dispute Resolution Services

    David Wallace

    There's no reason for limiting unbundled legal services to family law or even pro se litigants. Wider adoption, especially by litigators, presents an opportunity to correct law's distribution and pricing problem, to make justice practically available to all, and to dethrone litigation as the "sport of kings," says New York-based trial lawyer David Wallace.

  • Bitcoin: A New, Volatile Asset In Bankruptcy

    Erin Jane Illman

    Given the mainstream use of bitcoin and the “staying power” of this cryptocurrency, bankruptcy practitioners need to prepare to see bitcoin as part of the assets in future bankruptcy cases. The volatility of bitcoin value, however, will require bankruptcy courts and parties to come up with creative solutions, say Erin Illman and Robert Cox of Bradley Arant Boult Cummings LLP.

  • You’re Perfect, Now Change: Perfectionism Hurts Lawyers

    Peter Norman

    Like medical professionals, lawyers often resist policies to reduce errors due to the culture of perfectionism that permeates the industry. Autonomy is key to the legal professional's prestige and the outward demonstration of competence is key to maintaining autonomy, says Peter Norman of Winnieware LLC.

  • In Lakeridge, Concurring Justices Take The Spotlight

    Steven Wilamowsky

    The U.S. Supreme Court last week held in Village at Lakeridge that the appropriate standard for determining nonstatutory insider status in bankruptcy is the clearly erroneous standard that was applied by the Ninth Circuit. But the concurring opinions, which address an issue that was not before the court, appear to be more significant, say Steven Wilamowsky and Aaron Krieger of Chapman and Cutler LLP.