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Real Estate
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September 22, 2025
Developer Gets 8 Years For Fraud That Sunk Belize Project
A Manhattan federal judge sentenced a California real estate developer with a previous fraud conviction Monday to eight years in prison, after a jury convicted him of defrauding investors who backed a big luxury development he controlled called Sanctuary Belize.
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September 22, 2025
8th Circ. To Hear Tribal Tesoro Pipeline Row In October
The Eighth Circuit has set arguments for Oct. 21 in North Dakota tribal members' challenge to a lower court's decision that denied them intervention in a lawsuit against the federal government's right-of-way trespassing claims against Tesoro High Plains Pipeline.
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September 22, 2025
PE-Backed Flood Insurance Provider Neptune Eyes $350M IPO
Florida-based residential and commercial flood insurer Neptune Insurance said Monday that it is seeking a valuation of $2.76 billion in an initial public offering next week advised by Orrick Herrington & Sutcliffe LLP and Davis Polk & Wardwell LLP.
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September 22, 2025
Feds Oppose Calif. Tribes' Bid To Halt Casino Dispute
The U.S. government has asked a District of Columbia federal court judge to reject a stay motion filed by three California Native American tribes that are challenging the approval of another tribe's casino-resort project, arguing that the trio has failed to justify pausing the suit before the court rules on the government's request for a Golden State federal court transfer.
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September 22, 2025
2 Firms Advise Compass' $1.6B Buy Of Broker Anywhere
Real estate broker Compass said Monday that it has struck a deal to acquire rival broker Anywhere Real Estate for $1.6 billion, in a transaction advised by Kirkland & Ellis LLP and Wachtell Lipton Rosen & Katz.
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September 22, 2025
2 Firms Guide $142M Financing For Bronx Apartment Complex
A New York City housing nonprofit acquired a cluster of apartment buildings in the Bronx where formerly homeless families live, a complex it plans to renovate with the help of a $142 million capital stack, guided by Richter Restrepo PLLC and Blank Rome LLP.
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September 19, 2025
Real Estate Recap: Rate Cut, REIT Rules, Construction Debt
Catch up on this past week's key developments by state from Law360 Real Estate Authority — including reactions to the Fed's interest rate cut, new guidance for states reviewing securities issued by public nonlisted real estate investment trusts, and a look at the banks with the most construction debt.
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September 19, 2025
Estate Filed Dupe Suit Against McCarter & English, Court Told
McCarter & English LLP on Friday urged a Connecticut state judge to toss a lawsuit accusing it of mismanaging a $4.6 million estate, arguing it's essentially a duplicate of a pending lawsuit.
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September 19, 2025
Justices Asked To Review Optional NAR Rule In Zillow Case
A defunct brokerage platform is asking the U.S. Supreme Court to review its case accusing Zillow and the National Association of Realtors of stamping out competition by using the trade association's optional rule to relegate outside home listings to a secondary tab on Zillow's site.
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September 19, 2025
Md. Steel Co. Owes $700K For System Collapse, Insurer Says
Hartford Fire Insurance Co. has sued a subcontractor on a Maryland commercial project in state court to recover the costs of a $719,405 claim made after a steel joist system partially collapsed in 2022.
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September 19, 2025
Hotel Settles Ga. Minor's Sex Trafficking Suit
A settlement has been reached in a 17-year-old girl's lawsuit accusing an Atlanta-based hotel and its management company of doing nothing to help when managers and hotel employees knew she and others were being sex trafficked.
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September 19, 2025
Co. Tied To Lehman Ex-Restructuring Chief Faces Loan Suit
A holding company linked to Lehman Brothers' post-2008 era restructuring professional defaulted on a commercial loan secured by a large office building and now owes a reinsurer about $19.5 million, according to a lawsuit brought in North Carolina's business court.
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September 19, 2025
Union's $3.5M OT Pension Suit Win Overturned At 3rd Circ.
The Third Circuit overturned Friday a pipe fitters and plumbers union local's $3.5 million win in a dispute with a commercial real estate company over pension contributions related to overtime hours, holding that the parties' collective bargaining agreements didn't obligate the employer to pay additional benefits.
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September 19, 2025
Polsinelli Adds ArentFox Schiff Bankruptcy Pro In NY
Polsinelli PC has expanded its bankruptcy team in New York with the addition of an attorney from ArentFox Schiff LLP.
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September 19, 2025
SD High Court Tosses Tax Valuation Of Protected Wetlands
A South Dakota circuit court erred in rejecting testimony for property owners regarding the actual value of their land, which is subject to perpetual wetland conservation easements, the state Supreme Court ruled, remanding the case back to the lower court.
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September 19, 2025
Groups Decry Bid To Roll Back Ariz. Monument Protections
Conservation groups are denouncing congressional legislation that, if approved, would nullify protections on two Indigenous national monuments in Arizona that were put in place to prevent new uranium, copper and gold mining of the sites.
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September 19, 2025
Fired Public Housing CEO Sues NC City, Alleging Racial Bias
The former CEO of a North Carolina city's public housing authority has hit the city and authority board with a race discrimination and breach of contract suit, alleging in North Carolina federal court that the defendants violated her work contract because she's an African American woman.
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September 19, 2025
Berkshire Unit Conserves Land To End NC Runoff Claims
A Berkshire Hathaway affiliate has struck a settlement with an environmental group in federal court under which it will conserve a parcel of land and take other steps to prevent sediment from reaching creeks near a North Carolina housing development.
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September 19, 2025
Ellenoff-Led SPAC Among 3 IPOs Seeking Total $450M
Galata Acquisition Corp. II, a special purpose acquisition company formed by Callaway Capital Management, began trading Friday after raising $150 million by offering 15 million units at $10.
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September 19, 2025
UK Litigation Roundup: Here's What You Missed In London
This past week in London has seen brokerage firm ADS Securities file a fresh claim against German entrepreneur Lars Windhorst, AmTrust and Endurance Worldwide Insurance tackle an ongoing £50 million ($67 million) dispute over a failed litigation and insurance scheme, and Howard Kennedy LLP sue the son of a diamond tycoon over a £3.1 million legal bill.
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September 18, 2025
Texas Co. Sues Over Unpaid Work On NJ Mall Gaming Site
An Austin, Texas, company is claiming in New Jersey state court that a client is hiding behind a web of companies to avoid paying $500,000 for a job to furnish and install lighting features at an interactive gaming attraction in New Jersey's American Dream mall.
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September 18, 2025
Microsoft Whistleblower Suit Can Proceed, Judge Says
A former Microsoft worker can keep pursuing his federal whistleblower claim in his suit accusing the company of firing him for flagging compliance issues and misconduct, a Texas federal court ruled in its order determining the employee's alleged failure to utilize administrative proceedings does not bar him from bringing the claims.
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September 18, 2025
DOI Escapes Osage Nation's $4.9M Self-Determination Suit
A D.C. federal judge threw out a $4.9 million lawsuit over self-determination by the Osage Nation on claims that the U.S. Department of the Interior unlawfully rejected the tribe's final offer to amend a multiyear funding agreement with the DOI's Bureau of Indian Affairs.
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September 18, 2025
Feds Launch 'First Wave' Of Housing Fraud Cases In Minn.
Eight Minnesota residents ran separate wire fraud schemes that involved taking advantage of the state's Housing Stability Services Program in order to steal millions of dollars, federal prosecutors alleged on September 18 in what they described as the "first wave" of such cases.
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September 18, 2025
Fla. Supreme Court Disbars Atty For Misusing Client Funds
The Florida Supreme Court on Thursday disbarred an Orlando-area attorney for misconduct, including improperly diverting funds from homebuyers he represented in real estate closings to a construction marketing entity he was affiliated with that was the seller in the transactions.
Expert Analysis
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Series
Law School's Missed Lessons: Practicing Self-Care
Law schools don’t teach the mental, physical and emotional health maintenance tools necessary to deal with the profession's many demands, but practicing self-care is an important key to success that can help to improve focus, manage stress and reduce burnout, says Rachel Leonard at MG+M.
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Texas' Cactus Ruling Clarifies 'Produced Water' Rules
The Texas Supreme Court's decision in Cactus Water Services v. COG Operating, holding that mineral interest lessees have the rights to water extracted alongside oil and gas, should benefit industry players by clarifying the rules — but it leaves important questions about royalties unresolved, say attorneys at Yetter Coleman.
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ABA Opinion Makes It A Bit Easier To Drop A 'Hot Potato'
The American Bar Association's recent ethics opinion clarifies when attorneys may terminate clients without good cause, though courts may still disqualify a lawyer who drops a client like a hot potato, so sending a closeout letter is always a best practice, say attorneys at Thompson Hine.
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Federal Construction Considerations Amid Policy Overhaul
The rapid overhaul of federal procurement, heightened domestic sourcing rules and aggressive immigration enforcement are reshaping U.S. construction, but several pragmatic considerations can help federal contractors engaged in infrastructure and public construction avoid the legal, financial and operational fallout, say attorneys at Cozen O'Connor.
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A Look At Trump Admin's Shifting Strategies To Curtail CFPB
The Trump administration has so far carried out its goal of minimizing the Consumer Financial Protection Bureau's authority and footprint via an individualized approach comprising rule rollbacks, litigation moves and administrative tools, say attorneys at Holland & Knight.
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How Trump's Trade Policies Are Shaping Foreign Investment
Five months into the Trump administration, investors are beginning to see the concrete effects of the president’s America First Investment Policy as it presents new opportunities for clearing transactions more quickly, while sustaining risk aversion related to Chinese trade and potentially creating different political risks, say attorneys at Covington.
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Series
My Opera And Baseball Careers Make Me A Better Lawyer
Though participating in opera and the world of professional baseball often pulls me away from the office, my avocations improve my legal career by helping me perform under scrutiny, prioritize team success, and maintain joy and perspective at work, says Adam Unger at Herrick Feinstein.
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8 Ways Lawyers Can Protect The Rule Of Law In Their Work
Whether they are concerned with judicial independence, regulatory predictability or client confidence, lawyers can take specific meaningful actions on their own when traditional structures are too slow or too compromised to respond, says Angeli Patel at the Berkeley Center of Law and Business.
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Series
Law School's Missed Lessons: Communicating With Clients
Law school curricula often overlook client communication procedures, and those who actively teach this crucial facet of the practice can create exceptional client satisfaction and success, says Patrick Hanson at Wiggam Law.
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Rocket Mortgage Appeal May Push Justices To Curb Classes
Should the U.S. Supreme Court agree to hear Alig v. Rocket Mortgage, the resulting decision could limit class sizes based on commonality under Rule 23 of the Federal Rules of Evidence as opposed to standing under Article III of the U.S. Constitution, say attorneys at Carr Maloney.
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Bill Leaves Renewable Cos. In Dark On Farmland Reporting
A U.S. Senate bill to update disclosure requirements for foreign control of U.S. farmland does not provide much-needed guidance on how to report renewable energy development on agricultural property, leaving significant compliance risks for project developers, say attorneys at Hodgson Russ.
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Series
Adapting To Private Practice: From US Rep. To Boutique Firm
My transition from serving as a member of Congress to becoming a partner at a boutique firm has been remarkably smooth, in part because I never stopped exercising my legal muscles, maintained relationships with my former colleagues and set the right tone at the outset, says Mondaire Jones at Friedman Kaplan.
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Opinion
Senate's 41% Litigation Finance Tax Would Hurt Legal System
The Senate’s latest version of the Big Beautiful Bill Act would impose a 41% tax on the litigation finance industry, but the tax is totally disconnected from the concerns it purports to address, and it would set the country back to a time when small plaintiffs had little recourse against big defendants, says Anthony Sebok at Cardozo School of Law.
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Series
Performing As A Clown Makes Me A Better Lawyer
To say that being a clown in the Macy’s Thanksgiving Day Parade has changed my legal career would truly be an understatement — by creating an opening to converse on a unique topic, it has allowed me to connect with clients, counsel and even judges on a deeper level, says Charles Tatelbaum at Tripp Scott.
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Series
Law School's Missed Lessons: Rejecting Biz Dev Myths
Law schools don’t spend sufficient time dispelling certain myths that prevent young lawyers from exploring new business opportunities, but by dismissing these misguided beliefs, even an introverted first-year associate with a small network of contacts can find long-term success, says Ronald Levine at Herrick Feinstein.