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Real Estate
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November 26, 2025
11th Circ. Urged To Restore Cut To $17M Easement Deduction
The Internal Revenue Service disregarded U.S. Supreme Court precedent in arguing that the U.S. Tax Court was right to slash a partnership's $17 million tax deduction for donating a conservation easement, the partnership told the Eleventh Circuit.
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November 26, 2025
Brookfield, GIC Bid $2.6B For Australian Storage REIT
National Storage REIT confirmed that it has received a AU$4.06 billion ($2.61 billion) buyout offer from Brookfield Property Group and GIC Investment Pty Ltd, a deal guided by Clayton Utz and Ashurst.
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November 25, 2025
Feds Argue No Urgent Harm In Wash. Lake Cleanup Project
The National Oceanic and Atmospheric Administration asked a D.C. federal court to pause an open government advocate's bid for a preliminary injunction in his lawsuit against a lake and estuary restoration project near his residence in Washington state.
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November 25, 2025
'Gross Abuse Of Power': Rep. Swalwell Sues Housing Official
U.S. Rep. Eric Swalwell on Tuesday sued Federal Housing Finance Agency Director Bill Pulte, claiming Pulte abused his position by accessing private mortgage records to target the political opponents of President Donald Trump, including Swalwell, calling it "a gross abuse of power that violated the law."
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November 25, 2025
New Complaint Says Ex-Execs Turned Steward Into 'Zombie'
Bankrupt hospital operator Steward Health has filed hundreds of millions in new claims in Texas bankruptcy court against its former CEO and other executives, including allegations that they orchestrated a sale-leaseback deal that rendered the business an insolvent "zombie."
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November 25, 2025
Chancery Won't Block Sale In 'War Dogs' Figure Loan Dispute
A Delaware Chancery judge declined to allow a real estate investor to lift a disputed second mortgage blocking the sale of a distressed Oklahoma apartment complex in a dispute with a hard-money lender the investor says is run by the convicted fraudster whose story was dramatized in the movie "War Dogs."
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November 25, 2025
11th Circ. Backs Exclusion Of $80M Asset Valuation
The Eleventh Circuit ruled Monday that a bankruptcy judge did not err in excluding an expert's $80 million valuation of bankrupt title insurance underwriter ATIF Inc.'s 2015 transfer of two pieces of real estate along with intellectual property assets to Old Republic National Title Insurance Co.
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November 25, 2025
Investors Say Alexandria Overhyped Leasing, NYC Project
Alexandria Real Estate Equities Inc. investors filed suit in California federal court Tuesday, claiming the real estate investment trust overstated the strength of its leasing business and the projected value of a New York City property, causing the company's stock price to drop once the truth came to light.
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November 25, 2025
Yardi Looks To Calif. Win In Wash. Rent-Fixing Suit
Yardi Systems Inc. told a Washington federal court that source code it turned over confirms that its revenue management software doesn't rely on confidential competitor data, echoing defenses that led to one of the first defeats of algorithmic rent-setting antitrust suits.
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November 25, 2025
2nd Circ. Won't Revive NYC Income Source Ban Challenge
A Second Circuit panel has sided with the City of New York and a housing nonprofit in tossing arguments from a landlord that a law to prevent discrimination against the use of housing vouchers is unconstitutional.
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November 25, 2025
HUD Housing Aid Limits Will Drive Homelessness, States Say
Washington and 19 other states launched a lawsuit Tuesday against the U.S. Department of Housing and Urban Development in Rhode Island federal court, seeking to stop abrupt policy changes they claim will result in tens of thousands of formerly homeless people being ousted from publicly subsidized housing and onto the streets.
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November 25, 2025
$2.6M Coverage Suit Over Bronx School Collapse Paused
A New York federal judge paused a $2.6 million lawsuit Tuesday against Zurich Insurance over unpaid insurance coverage following the collapse of a Bronx school construction site after both parties asked for a stay pending the outcome of a state court lawsuit involving the same claims.
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November 25, 2025
MVP: Simpson Thacher's Whitney Salinas
Whitney Salinas of Simpson Thacher & Bartlett LLP advised real estate investment behemoth Blackstone on myriad multibillion-dollar deals in the past year, including its $16.2 billion acquisition of AirTrunk, one of Asia Pacific's largest data center businesses, scoring her a place among the 2025 Law360 Real Estate MVPs.
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November 25, 2025
MVP: King & Spalding's Scott Greer
Scott Greer of King & Spalding LLP is advising Microsoft on a multibillion-dollar pursuit to develop data center infrastructure across the U.S. and has also guided a plethora of major construction projects for energy companies across the country, landing him a spot among the 2025 Law360 Construction MVPs.
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November 25, 2025
Tenn. Judge OKs $141M In RealPage Landlord Settlements
A Tennessee federal judge has preliminarily approved $141.8 million worth of class settlements for antitrust claims lodged against landlords that allegedly used RealPage Inc.'s revenue management software to fix rent prices for residential properties.
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November 25, 2025
Katten Adds Private Credit Pro From Winston & Strawn
Katten Muchin Rosenman LLP has added a former Winston & Strawn LLP attorney to bolster its private credit practice and capacity to advise clients about various types of financing.
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November 25, 2025
Feds Run Table In Housing Bribery Case With 70th Conviction
A former public housing superintendent from Brooklyn admitted accepting bribes in exchange for handing out no-bid work contracts Tuesday, as federal prosecutors secured the convictions of all 70 New York City Housing Authority workers arrested last year in an anticorruption sweep.
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November 24, 2025
NC Landowners Assert Right To Fight Gas Facility Rezoning
A group of landowners fighting the development of a liquid methane gas storage facility told a North Carolina state appeals court that they were deprived of their rights under state law because some neighboring properties were not properly notified of the rezoning.
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November 24, 2025
$18B Spain Claim Was Nixed Over Investment Issue
The international tribunal that threw out an $18 billion claim brought by a group of Filipinos who accused Spain of stymying their efforts to enforce a $14.9 billion arbitral award against Malaysia concluded that the claimants had not made a protected investment, according to a newly public award.
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November 24, 2025
Bid To Halt Fla. Suit Over Trump Library Land Transfer Denied
A Florida state judge on Monday denied a bid to halt the proceedings of a lawsuit challenging the transfer of Miami Dade College land to construct the Donald J. Trump Presidential Library, citing the age of the retired professor who brought the complaint.
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November 24, 2025
DOJ Looks To Settle RealPage Rent Price-Fixing Claims
The federal government filed a proposed final judgment on Monday that aims to settle antitrust claims accusing property management software company RealPage Inc. and multiple landlords of conspiring to use RealPage's revenue management software to fix rent prices.
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November 24, 2025
Mich. Justices To Weigh Burden Of Proof In Hangar Tax Fight
The Michigan Supreme Court agreed to weigh a city's appeal of a decision that said the municipality had the burden of proof to show that a company's hangar leased from a regional airport authority was subject to tax.
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November 24, 2025
Judge Pushes To Resolve Gaming Status Of $700M Casino
A D.C. federal court judge is asking the federal government and several tribal nations for a report that lays out their positions on the Department of the Interior's reconsideration of gaming eligibility for a $700 million resort-style casino and hotel project in Vallejo, California.
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November 24, 2025
NJ Panel Orders Arbitration In Jersey City Real Estate Dispute
A New Jersey appellate court on Monday affirmed a lower court's arbitration order for several counterclaims in a dispute involving a Jersey City apartment project, ruling that the counter-defendants didn't previously waive their right to arbitrate the counterclaims.
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November 24, 2025
NJ Towns Want Housing Provision Paused Amid Pending Suit
Elected officials challenging a provision of New Jersey's new affordable housing framework have asked a Garden State federal court to preserve their municipalities' current zoning as they await the outcome of their pending suit.
Expert Analysis
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Series
Traveling Solo Makes Me A Better Lawyer
Traveling by myself has taught me to assess risk, understand tone and stay calm in high-pressure situations, which are not only useful life skills, but the foundation of how I support my clients, says Lacey Gutierrez at Group Five Legal.
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Series
Law School's Missed Lessons: Client Service
Law school teaches you how to interpret the law, but it doesn't teach you some of the key ways to keeping clients satisfied, lessons that I've learned in the most unexpected of places: a book on how to be a butler, says Gregory Ramos at Armstrong Teasdale.
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Colo. Law Brings Some Equilibrium To Condo Defect Reform
Colorado's American Dream Act, effective next year, does not eliminate litigation risk for developers entirely, but it does introduce a process, some predictability and a more holistic means for parties to resolve condominium construction defect claims, and may improve the state's housing shortage, says Bob Burton at Winstead.
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A Primer For Lenders On NY's New Mortgage Disclosure Regs
A recent New York regulation requiring licensed lenders and mortgage bankers to distribute a significant new disclosure pamphlet, essentially a borrower bill of rights, to applicants serves as a reminder to the industry to follow existing best practices, says Scott Samlin at Blank Rome.
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Series
Adapting To Private Practice: 3 Tips On Finding The Right Job
After 23 years as a state and federal prosecutor, when I contemplated moving to a law firm, practicing solo or going in-house, I found there's a critical first step — deep self-reflection on what you truly want to do and where your strengths lie, says Rachael Jones at McKool Smith.
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Series
Painting Makes Me A Better Lawyer
Painting trains me to see both the fine detail and the whole composition at once, enabling me to identify friction points while keeping sight of a client's bigger vision, but the most significant lesson I've brought to my legal work has been the value of originality, says Jana Gouchev at Gouchev Law.
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Courts Are Still Grappling With McDonnell, 9 Years Later
The Seventh and D.C. Circuits’ recent decisions in U.S. v. Weiss and U.S. v. Paitsel, respectively, demonstrate that courts are still struggling to apply the U.S. Supreme Court’s 2016 ruling in McDonnell v. U.S., which narrowed the scope of “official acts” in federal bribery cases, say attorneys at Quinn Emanuel.
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Trump Tax Law Has Mixed Impacts On Commercial Real Estate
The One Big Beautiful Bill Act brings sweeping changes to the real estate industry — and while the permanency of opportunity zones and bonus depreciation creates predictability for some taxpayers, sunsetting incentives for renewable energy projects will leave others with hard choices, says Jordan Metzger at Cole Schotz.
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Protecting Sensitive Court Filings After Recent Cyber Breach
In the wake of a recent cyberattack on federal courts' Case Management/Electronic Case Files system, civil litigants should consider seeking enhanced protections for sensitive materials filed under seal to mitigate the risk of unauthorized exposure, say attorneys at Redgrave.
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DOJ Settlement Offers Guide To Avoiding Key Antitrust Risks
The U.S. Justice Department's settlement with Greystar Management shows why parties looking to acquire companies that use pricing recommendation software should carefully examine whether the software algorithm and how it is used in the market create antitrust dangers, say attorneys at Fried Frank.
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Contractor Considerations As Construction Costs Rebound
The U.S. construction industry is navigating rising costs driven by energy and trade policy, which should prompt contractors to review contract structuring, supply chain management and market diversification, among other factors, say attorneys at Cozen O'Connor.
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Series
NC Banking Brief: All The Notable Legal Updates In Q3
There were several impactful changes to the financial services landscape in North Carolina in the third quarter of the year, including statutory updates, enforcement developments from Office of the Commissioner of Banks, and notable mergers, acquisitions and branch expansions, say attorneys at Moore & Van Allen.
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Series
Judging Figure Skating Makes Me A Better Lawyer
Judging figure skating competitions helps me hone the focus, decisiveness and ability to process complex real-time information I need in court, but more importantly, it makes me reengage with a community and my identity outside of law, which, paradoxically, always brings me back to work feeling restored, says Megan Raymond at Groombridge Wu.
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Looking Beyond Property Damages For Wildfire Survivors
Personal injury attorneys seeking compensation for victims of wildfires like those in Los Angeles County must carefully apply a multidisciplinary approach that looks beyond obvious property loss to the full spectrum of damages, considering factors like emotional distress, disruption of community and the psychological toll of displacement, says Farid Yaghoubtil at Downtown L.A. Law Group.
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Series
Calif. Banking Brief: All The Notable Legal Updates In Q3
The third quarter of 2025 brought legislative changes to state money transmission certification requirements and securities law obligations, as well as high-profile accounting and anti-money laundering compliance enforcement actions by the Department of Financial Protection and Innovation, say attorneys at Ropes & Gray.