We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Real Estate

  • October 1, 2018

    Justices Focus On FWS Discretion In Frog Habitat Oral Args

    U.S. Supreme Court justices on Monday appeared deeply conflicted about whether to agree with the Fifth Circuit's finding that the U.S. Fish and Wildlife Service had discretion to protect 1,500 acres in Louisiana for an endangered frog species that does not currently live there.

  • October 1, 2018

    Real Estate Rumors: Blackstone, Wells Fargo, Elion Partners

    Blackstone Real Estate Income Trust has reportedly landed a $257 million CMBS loan for hotels in Florida, California, Massachusetts and beyond, Broward Health is said to be seeking to buy a Florida property from Wells Fargo, and an Elion Partners venture is said to have bought a New York residential and retail portfolio for $83 million.

  • October 1, 2018

    High Court Won't Reinstate $30M Verdict Against Fla. Town

    The U.S. Supreme Court refused Monday to take up the appeal of a property owner whose $30 million “takings” verdict against a small northeastern Florida town was thrown out by an appeals court because it disagreed with the methodology used to assess the takings claim.

  • October 1, 2018

    NYC Real Estate Week In Review

    More than a half-dozen law firms scored work on the largest New York City deals for which deeds became public last week, including a pair of Manhattan transactions worth more than $400 million each.

  • October 1, 2018

    French Retailer Sells €565M In Assets, Looking To Shed Debt

    French retailer Casino Group said Monday that it has agreed to sell 55 real estate assets of its Monoprix SA subsidiary, which provides groceries, hardware, clothing and household items, to an institutional investor for €565 million ($654.5 million) as the company continues its deleveraging plan.

  • October 1, 2018

    Pittsburgh Can't Escape FCA Housing Suit, Groups Say

    A coalition of Pittsburgh community groups has insisted in Pennsylvania federal court that the city failed to meet the requirements of two federal Housing and Urban Development funding programs, saying the fact the city kept receiving the funds year after year was not enough to merit dismissal of the long-running false claims suit.

  • October 1, 2018

    Seyfarth Shaw Adds Ex-Bryan Cave Corporate Atty In Chicago

    A former Bryan Cave Leighton Paisner LLP partner has joined Seyfarth Shaw LLP as a partner in its Chicago office, where he will help lead the firm’s new push into international corporate law.

  • September 28, 2018

    Supreme Court Cheat Sheet: 8 Cases To Watch

    With D.C. Circuit Judge Brett Kavanaugh’s fate as the ninth justice still hanging in the balance, the U.S. Supreme Court kicks off its new term Monday without a case of blockbuster proportions. But there are several bread-and-butter business issues filling out the docket.

  • September 28, 2018

    Feds Tell 9th Circ. Leases Shouldn't Go Tribe's Way

    The Bureau of Land Management urged the Ninth Circuit to overturn a lower court ruling that agreed with the Pit River tribe in its fight against geothermal leases on land important to the tribe, arguing the lower court applied the wrong part of a federal law.

  • September 28, 2018

    Cole Schotz Guides G4 Capital's $73M Wall Street Loan

    Cole Schotz PC represented G4 Capital Partners in connection with its $73 million loan for one or more office properties on Wall Street in lower Manhattan, according to records made public in New York on Friday.

  • September 28, 2018

    Fannie, Freddie, Feds Can't Slip 3 'Net Worth Sweep' Suits

    A D.C. federal judge allowed part of a trio of lawsuits against Fannie Mae, Freddie Mac and the Federal Housing Finance Agency to advance on Friday, posing a possible threat to the federal government’s profits-harvesting "sweep" of the firms it took over during the financial crisis.

  • September 28, 2018

    Mashpee Tribe Sues Again In Ongoing Land-Into-Trust Dispute

    A Massachusetts tribe fighting to have its land held in trust so it can build a casino has sued the U.S. Department of the Interior in D.C. federal court after the agency ruled for a second time that it did not meet the definition of a tribe under the Indian Reorganization Act.

  • September 28, 2018

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

    The last week has seen a Toys R Us property unit sued by the firms behind its £263 million bridge loan, XL Catlin lodge a claim against a commercial motor insurance specialist and an action on behalf of Lloyd's underwriters against QBE Insurance.

  • September 28, 2018

    Fuel Tax, Tribal Land Rights On Agenda For High Court

    The U.S. Supreme Court is set to take on several cases with major implications for tribes that are attracting heavy friend-of-the-court participation, including a tax battle between Washington State and a Yakama Nation company, a Crow tribe member’s bid to hunt under a tribal treaty, and a murder case that could have a profound impact on Oklahoma tribes’ jurisdiction. Here, Law360 takes at look at its slate of Native American law-related cases and the key amicus briefs for each side.

  • September 28, 2018

    EB-5 Investors Press Fraud Claims Over Bankrupt Fla. Hotel

    A group of Chinese nationals Friday urged a Florida bankruptcy judge to allow claims they were fraudulently induced to invest through the EB-5 immigrant visa program in a now-bankrupt South Florida hotel project to move forward.

  • September 28, 2018

    FERC Beats Challenge To Pipeline Eminent Domain Process

    A group of landowners suing the Federal Energy Regulatory Commission went to the wrong place in their attempt to stop two pipeline development companies from taking control of private land along the projects’ routes, a D.C. federal judge said Thursday, finding that the lawsuit should’ve been filed elsewhere.

  • September 28, 2018

    Ex-Ocwen Exec Settles SEC Insider Trading Claims

    The U.S. Securities and Exchange Commission announced Friday that the former vice president of servicing at Ocwen Financial Corp. has agreed to settle insider trading claims made in a complaint the commission filed in Pennsylvania federal court the same day.

  • September 28, 2018

    Dole Unit Nears $26M Atty Fee Win After Beating Shell Suit

    A California judge has indicated he will likely award Barclay Hollander, a real estate subsidiary of Dole Foods, $26.8 million to pay for the legal work of Gibson Dunn & Crutcher LLP and Lewis Brisbois Bisgaard & Smith LLP after it fended off a bid from Shell Oil Co. to get more than $300 million in oil waste cleanup costs reimbursed.

  • September 28, 2018

    SF Leaning Tower Homeowners Assc. Can't Sink Fraud Suit

    A San Francisco judge on Friday rejected a homeowner association’s “misguided” bid to use California’s Anti-SLAPP statute to end claims brought by a resident of the sinking Millennium Tower, but the man will have to amend his complaint alleging that the association failed to disclose the structure’s defects.

  • September 28, 2018

    NJ Atty Cops To Role In Short-Sale Mortgage Fraud

    A New Jersey attorney on Friday copped to his role in a large-scale mortgage fraud scheme that involved properties in Jersey City, Clifton, Union and elsewhere and caused losses of millions of dollars, federal prosecutors announced.

Expert Analysis

  • Time To Update Prop 65 Warnings For Residential Rentals

    Andrea Sumits

    The ubiquitous Proposition 65 warning signs posted throughout apartment communities in California may soon become a thing of the past. Under a new draft rule that is being finalized, safe harbor warnings for residential rental properties will be found in lease agreements rather than on posted signs, says Andrea Sumits of Environmental General Counsel LLP.

  • Unclear Which Way Wind Blows After Reversal Of Alta Wind

    Julie Marion

    The Federal Circuit recently reversed the U.S. Court of Federal Claims decision in Alta Wind v. United States, finding the trial court's method of valuing the wind farm properties did not accurately represent their fair market value. The decision was unclear, however, about how the lower court should determine the value on remand, leaving the renewable energy industry with a number of questions, say attorneys at Latham & Watkins LLP.

  • Using Ex Parte Seizures Abroad To Obtain IP Evidence

    Nicholas J. Boyle

    Practitioners should know how to use foreign search and seizure law to secure evidence of wrongdoing that can be introduced in U.S. intellectual property lawsuits. A recent copyright case, CoStar Group v. Xceligent, illustrates the benefits of invoking these ex parte provisions, say Nicholas J. Boyle and C. Bryan Wilson of Williams & Connolly LLP.

  • Interview Essentials For Attorneys On The Move

    Eileen Decker

    Across the country this fall, recent law school graduates, law firm associates and experienced professionals will interview for positions in private practice and government service. Sharing tips on how to stand out in this high-pressure, hypercompetitive process are Eileen Decker, former U.S. attorney for the Central District of California, and Keith Jacoby, co-chairman of Littler Mendelson PC’s class action practice group.

  • Roundup

    Clerking For Ginsburg

    Clerking For Ginsburg

    Justice Ruth Bader Ginsburg joined the U.S. Supreme Court 25 years ago and is not planning to retire anytime soon — she has hired clerks through 2020. What's it like to assist Justice Ginsburg? In this series, former clerks reflect on the experience.

  • Series

    Clerking For Ginsburg: 3 Surprises

    David Post

    It had never occurred to me that judges don’t always love the way their appellate cousins review their work and tell them — in public — all the things they got wrong. I was frequently struck by Justice Ruth Bader Ginsburg’s acute awareness of the delicacy of this relationship, says attorney David Post.

  • Series

    Clerking For Ginsburg: A Superhero Supreme

    Burden Walker

    As a clerk for Justice Ruth Bader Ginsburg, my job was to mirror my boss’ views and values in everything I did. Years later, I find that I am still striving to live up to the values Justice Ginsburg instilled in me, as both a lawyer and a spouse, says Burden Walker, an assistant U.S. attorney for the District of Maryland.

  • 2 Strikes And You’re Out: The Litvak Saga Comes To An End

    Joon Kim

    The U.S. Attorney’s Office for the District of Connecticut, following reversals of two prior convictions, has moved to dismiss its remaining securities fraud claim against bond trader Jesse Litvak. While it can be difficult to prove misstatements are material as a matter of law, the government's move is certainly not a death knell for similarly grounded fraud charges, say attorneys with Cleary Gottlieb Steen & Hamilton LLP.

  • Fixing The 'Funk' Of Delinquent Loan Holders In Md.

    Laurence Platt

    Relying in part on the definition of “doing business" in the 100-year-old Funk & Wagnalls dictionary, the Maryland Court of Appeals recently ruled on the licensing of Delaware statutory trusts and foreclosure proceedings on delinquent residential mortgage loans. The decision should end the confusion surrounding the ability of a state trust to foreclose in Maryland, say attorneys with Mayer Brown LLP.

  • Series

    Clerking For Ginsburg: 4 RBG Lessons On Having It All

    Rachel Wainer Apter

    Justice Ruth Bader Ginsburg is everything she is cracked up to be​ — f​eminist icon​, brilliant jurist​, fierce dissenter. She is also an incredible boss, mentor and friend.​ ​Her advice has shaped how I have tried to balance building a career and ​raising children, says Rachel Wainer Apter, counsel to the New Jersey attorney general.