UniVista Insurance has reportedly bought a new Miami building for $10.2 million, marketing startup PebblePost is said to be taking nearly 20,000 square feet on Lafayette Street in New York, and basketball player Steph Curry's family foundation has reportedly reached a deal to lease office space in Oakland, California.
Gibson Dunn & Crutcher LLP's Drew Flowers has been guiding some of the biggest real estate deals on both coasts, including Related Cos.' ongoing role in multibillion-dollar projects at New York's Hudson Yards and San Francisco's Transbay Transit Center terminal, earning him a spot on Law360's 2017 Real Estate MVPs.
ESR-REIT has picked up an 80 percent stake in an entity that owns a leasehold interest in a Singapore office building for SG$240 million ($178.2 million), in what is the largest-ever purchase for the real estate investment trust, ESR said in a statement on Thursday.
Offshore companies that agreed to pay $6 million after the U.S. government seized their assets over their supposed link to a Russian tax scam argued in Manhattan federal court on Thursday that federal officials may have conspired with prosecutors in the Netherlands to keep some of their assets frozen, while a government lawyer said the companies simply took a legal risk and lost.
Wynn Resorts Ltd. is buying roughly 38 acres of Las Vegas land across from the Wynn Las Vegas through multiple transactions for a combined $336 million, according to an announcement from Wynn on Thursday.
The final tax cut bill speeding through Congress will allow a deduction for state and local property taxes as well as income or sales taxes while maintaining a $10,000 cap proposed in earlier versions, according to a Thursday announcement from House Ways and Means Committee Chairman Kevin Brady, R-Texas.
A Chinese investor who sought to receive a green card through the EB-5 visa program sued in California federal court on Tuesday to recover amounts he paid in connection with an alleged $50 million scheme that has resulted in federal criminal charges and forfeiture cases.
Singapore-based OUE Hospitality Trust on Wednesday said it had inked deals for SG$980 million ($727.2 million) in new credit facilities the company plans to use to pay down existing loans.
Owners of units in a Costa Rican luxury condo development asked an Arizona federal court Tuesday to confirm an arbitration award of more than $1.5 million against the resort’s developer while also seeking damages for the developer’s alleged neglect of the condos.
CubeSmart is said to have picked up a self-storage building in Florida for $17.75 million, the School of Visual Arts has reportedly renewed its 80,000-square-foot New York lease and US Bank is said to have taken control of an Illinois building following a foreclosure suit filed against owner Lexington Realty Trust nearly a year ago.
Swedish hotel owner Pandox AB and a partner agreed to buy a 37-property portfolio and its name from private equity firm Lone Star Funds for $1.1 billion, the company said Wednesday.
The Sierra Club will be allowed to refile a suit against the Federal Energy Regulatory Commission aiming to stall construction on the $2.2 billion Nexus pipeline after the nonprofit had to pull its initial petition, the D.C. Circuit said Wednesday.
Smaller financial institutions could have a new safe harbor to exempt them from federal mortgage escrow rules under a bill the U.S. House of Representatives passed Tuesday.
The Second Circuit on Monday rejected a request by employees and units of Nomura Holdings Inc. and the Royal Bank of Scotland Group PLC to reconsider its decision to deny their demand for a jury trial in an $800 million fight with the Federal Housing Finance Agency.
Nokia asked a Texas federal court Monday to toss a U.S. commercial real estate services firm's $6 million suit accusing the Finnish consumer electronics company of breaching an exclusive service agreement, saying the dispute must be arbitrated in London.
Winstead PC represented Rael Development Corp. in connection with its $55 million construction loan from Haynes and Boone LLP-counseled Hall Structured Finance for a Hyatt hotel and retail project in Palm Springs, California, according to an announcement on Tuesday from the companies.
Kirkland & Ellis has reportedly leased another 120,000 square feet in Manhattan, a company run by Houston Astros owner Jim Crane is said to have landed a $19 million loan for a Florida hotel project, and Monday Properties has reportedly reached a deal to lease more than 16,000 square feet in New York.
Real estate investment firm Unibail-Rodamco SE said Tuesday it will pay $15.7 billion to acquire shopping center owner and operator Westfield Corp., boosting the French company’s reach in the retail sector through the acquisition of assets in major American cities, the U.K. and Australia.
Kramer Levin Naftalis & Frankel LLP is representing Caesars Entertainment Corp.'s real estate investment trust VICI Properties Inc. in connection with its Tuesday filing for a $100 million initial public offering, a matter Sidley Austin LLP is working on for the underwriters.
Once a taboo topic in the halls of BigLaw, litigation finance is winning over converts. And the peer pressure is building for rival law firms to join the bandwagon.
Following the widespread construction boom in most California markets, commercial real estate lenders and their counsel find themselves increasingly asked to evaluate and underwrite the nature of entitlement approvals for development projects, but the state's web of land use regulations and sometimes overlapping jurisdictions can make that task complicated, says Andrew Starrels of Holland & Knight LLP.
The U.S. agencies’ increasing coordination with their foreign partners has led to more potent Foreign Corrupt Practices Act investigations — in terms of both their scope and settlement cost, say Patrick Stokes, former chief of the FCPA Unit at the U.S. Department of Justice, and Zachariah Lloyd of Gibson Dunn & Crutcher LLP.
Although Hamer v. Neighborhood Housing Services was not the first time I had worked on a certiorari petition, it was the first time I had personally taken on a case in which my initial involvement was at the U.S. Supreme Court level, says Jonathan Herstoff of Haug Partners.
Gary Ford's new book, "Constance Baker Motley: One Woman’s Fight for Civil Rights and Equal Justice Under Law," is more than a biography of the first African-American woman to become a federal judge. It presents in vivid detail how her work altered the legal landscape of the United States, says U.S. District Judge Marcia Cooke of the Southern District of Florida.
Google’s status as a go-to research tool has transformed legal research habits, leading critics to view law libraries as cost centers. Law firms should embrace Google-style research tools and manage costs efficiently in order to position their libraries as valuable assets for years to come, says Donna Terjesen of HBR Consulting.
Millennials are now the largest living generation and comprise one-third of jurors. While it is impossible to generalize a group so large and diverse, trial lawyers should be mindful of certain generational differences, say baby boomer Lee Hollis and millennial Zachary Martin of Lightfoot Franklin & White LLC.
Last month, a New York district court ruled in Cohen v. G&M that a real estate developer's demolition of famous graffiti space 5Pointz violated an obscure federal statute. This ruling may represent an expanded conception of what visual art qualifies for protection under the Visual Artists Rights Act, says Roberta Jacobs-Meadway of Eckert Seamans Cherin & Mellott LLC.
There have been many articles on the corporate monitor selection process, but you will find little guidance on how to prepare yourself for a job that has few parallels. There are three key lessons I have learned over the course of a Foreign Corrupt Practices Act monitorship still in progress, says Gil Soffer of Katten Muchin Rosenman LLP.
At least five circuit courts have taken a sensible approach to allowing an undersecured creditor’s claim for legal fees. But there is still no uniformity in the lower courts, as evident in a North Carolina federal court's recent decision in Summitbridge v. Faison, says Michael Cook of Schulte Roth & Zabel LLP.
Much has been written about the 2012 "Resource Guide to the U.S. Foreign Corrupt Practices Act," but no one has talked about the behind-the-scenes work that produced the guide — until now, say Charles Duross, former chief of the FCPA Unit at the U.S. Department of Justice, and Kara Novaco Brockmeyer, former chief of the FCPA Unit at the U.S. Securities and Exchange Commission.