Real Estate

  • May 21, 2025

    Montana Reduces Taxes On Residential, Commercial Property

    Montana will lower taxes on residential and commercial property, provide property tax rebates to homeowners and implement other changes to the state's property tax regime under legislation signed by the governor.

  • May 21, 2025

    NC Panel Sides With County In Builder's Service Fee Spat

    North Carolina's intermediate appeals court on Wednesday backed a county's interpretation of an ordinance allowing it to collect water service fees from a homebuilder, reasoning that the builder's residential neighborhood is a "new development" subject to the law.

  • May 21, 2025

    Ex-Alvarez & Marsal CPA Sentenced To 20 Months In Tax Case

    A former accountant at consulting firm Alvarez & Marsal has been sentenced to 20 months in prison and ordered to pay the Internal Revenue Service over $2 million for willfully not reporting his income and falsifying the returns in his mortgage application, according to a D.C. federal court.

  • May 21, 2025

    Texas Lawmakers OK More Time To Pay Property Tax Bills

    Texas would give some property owners more time to pay their tax bills under legislation approved by state lawmakers and headed to Gov. Greg Abbott.

  • May 20, 2025

    SEC Says Unicoin Made $100M Via 'Massive' Offering Fraud

    The U.S. Securities and Exchange Commission on Tuesday accused Unicoin of promoting a "massive securities offering fraud" through which the cryptocurrency company raised more than $100 million from unknowing investors, according to a complaint filed in New York federal court.

  • May 20, 2025

    DC Circ. Won't Revive Okla. Tribe's Creek Land Dispute

    The D.C. Circuit on Tuesday affirmed the dismissal of an Oklahoma tribe's challenge to a decision that rejected its proposed liquor ordinance in a dispute over shared jurisdiction with the Muscogee (Creek) Nation, agreeing with the district court that the complaint failed to identify a valid cause of action that entitles relief.

  • May 20, 2025

    No Bad Faith Means $461K Case Returns To Fla. State Court

    A Florida federal court sent a $461,000 property damage dispute back to state court Tuesday, finding that while a condo association's timing in serving one insurer prevented the carrier from removing the case to federal court, there wasn't bad faith so a deadline applied.

  • May 20, 2025

    6 Colo. Cities Sue Governor Over Housing Executive Order

    Six Colorado cities with "home rule" charters have hit the state and Gov. Jared Polis with a suit challenging his recent executive order saying state grants won't go to local communities if they don't comply with new housing laws that seek denser real estate development.

  • May 20, 2025

    Wash. Panel Affirms Toss Of Vrbo Host's Rental Coverage Row

    Washington appellate judges refused to revive a Vrbo host's suit against a Liberty Mutual unit and a company that arranged a policyholder's temporary housing while her home was being repaired, saying the companies did not breach a nonexistent contract with the host by ceasing to pay the policyholder's rent.

  • May 20, 2025

    Jailed Investor Puts Portfolio In Ch. 11 Ahead Of NY Auction

    A group of companies owned by a real estate investor jailed last month for his role in a scheme defrauding Fannie Mae has filed for bankruptcy protection in New Jersey on a portfolio carrying at least $100 million in both assets and debt, ahead of a sheriff's sale in New York set for Tuesday.

  • May 20, 2025

    Beach Point Nabs Nearly $1.3B For Private Credit, Real Estate

    Beach Point Capital Management said Tuesday it has raised nearly $1.3 billion across two investment funds, as it continues to build out its offerings in private credit and real estate.

  • May 20, 2025

    King & Spalding Pushes To Exit Long-Running Fla. Condo Suit

    A Florida state appellate court has granted a temporary stay to a long-running dispute over a Miami Beach condominium's amenities in order to review King & Spalding LLP's petition to leave the case after its attorneys cited irreconcilable differences with its client, condo owner Bath Club Entertainment LLC.

  • May 20, 2025

    State AGs Back NJ Judicial Privacy Law At 3rd Circ.

    Most states' attorneys general, along with law enforcement organizations and a data privacy group, have encouraged the Third Circuit to uphold a New Jersey judicial privacy measure, saying states have sovereignty to enact such laws in a time of increased threats against judges.

  • May 20, 2025

    FTC Case Against Greystar Stayed For Settlement Talks

    A Colorado federal judge has stayed a Federal Trade Commission suit alleging developer and property manager Greystar advertised deceptive rental prices after the parties notified the court that they are in "active settlement negotiations" that could resolve the entire case.

  • May 20, 2025

    Former Prologis GC Joins BarkerGilmore's Advisory Team

    After nearly 30 years of helping to build Prologis Inc. as a top real estate investment trust, or REIT, the company's former general counsel has joined executive search and talent advisory BarkerGilmore LLC to help up-and-coming in-house legal talent advance their careers.

  • May 20, 2025

    Berkshire Hathaway RE Affiliate GC To Lead Pacific Sotheby's

    Pacific Sotheby's International Realty, a luxury brokerage firm in the Southern California market, has found its new president in the former general counsel for San Diego-based Berkshire Hathaway HomeServices California Properties.

  • May 20, 2025

    GSA Official Gives Mea Culpa On 'Non-Core' Federal Property

    A top official of the federal government's real estate overseer testified on Tuesday that the administration was a bit rash in publishing a list two months ago with more than 400 "non-core" government properties, including federal courthouses, that it was considering disposing of.

  • May 20, 2025

    Greenberg Traurig, Gibson Dunn Guide $865M Ariz. Hotel Sale

    Ryman Hospitality Properties Inc. has purchased a Marriott-branded Phoenix resort from Trinity Investments for $865 million in a deal guided by Gibson Dunn and Greenberg Traurig, per statements from the buyer and seller.

  • May 19, 2025

    Real Estate CEO Gets 87 Months For $63M Crowdfund Fraud

    The former CEO of a real estate investment firm who copped to ripping off investors in a crowdfunded $63 million development scheme was hit with a seven-plus-year prison sentence Monday from a Georgia federal judge who said the financier's "addiction to optimism" had been his ruin.

  • May 19, 2025

    Justices Punt On Tribe Leader's Extortion Immunity Claim

    The U.S. Supreme Court on Monday rejected a petition from the former head of a Native American tribe who argued that the First Circuit was wrong to reinstate his convictions tied to the development of a casino project after it concluded that federal extortion law applies to tribal leaders.

  • May 19, 2025

    Irish Developer Inks $1.9M Deal With Ex Amid Conn. Ch. 7

    The Chapter 7 trustee for Irish real estate developer Sean Dunne has agreed to settle for $1.9 million prepetition bankruptcy claims by Jennifer Coyle, a woman who said she was Dunne's first wife, capping what was originally a €3.6 million ($4.1 million) series of claims.

  • May 19, 2025

    NC Gov. Tacks On $891M To Hurricane Recovery Plan

    North Carolina Gov. Josh Stein on Monday recommended adding $891 million to the funds earmarked for Hurricane Helene recovery efforts in the western region of the state, the largest chunk of which would go toward rebuilding the economy with small business loans and tourism promotion.

  • May 19, 2025

    Polsinelli Lands Latham Real Estate Pro In Los Angeles

    In response to growing client demand, Polsinelli PC has added a former Latham & Watkins LLP partner with decades of experience to its real estate practice in Los Angeles, the firm announced Monday.

  • May 19, 2025

    Latham, A&O Shearman Guide $3B AI Manufacturing Deal

    Latham & Watkins LLP and Allen Overy Shearman Sterling advised AMD on a $3 billion deal to sell its ZT Systems data center infrastructure manufacturing business to U.S.-based Sanmina in an agreement to expand domestic production for AMD's artificial intelligence offerings.

  • May 19, 2025

    Weil Hires Kirkland Real Estate Atty In New York

    Weil Gotshal & Manges LLP announced Monday that a former Kirkland & Ellis LLP real estate partner has joined the firm's New York office.

Expert Analysis

  • Calif. Smoke Claim Ruling Gives Insurers Support On Denials

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    Far from being an outlier among ash, soot and smoke coverage cases, a California appellate court's recent opinion in Gharibian v. Wawanesa General Insurance reinforces the principle that policyholders must establish entitlement to coverage as a threshold matter, while supporting denials of coverage for meritless claims, says Kyle Espinola at Zelle.

  • Top 3 Litigation Finance Deal-Killers, And How To Avoid Them

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    Like all transactions, litigation finance deals can sometimes collapse, but understanding the most common reasons for failure, including a lack of trust or a misunderstanding of deal terms, can help both parties avoid problems, say Rebecca Berrebi at Avenue 33 and Boris Ziser at Schulte Roth.

  • How Attys Can Use A Therapy Model To Help Triggered Clients

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    Attorneys can lean on key principles from a psychotherapeutic paradigm known as the "Internal Family Systems" model to help manage triggered clients and get settlement negotiations back on track, says Jennifer Gibbs at Zelle.

  • Navigating Florida's Bad Faith Reforms After Appellate Ruling

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    A Florida appellate court's recent decision is among the first to interpret two significant amendments to the state's insurance bad faith law, and its holding that one of the statutes could not apply retroactively may affect insurers' interpretation of the other statute, say attorneys at Cozen O'Connor.

  • 3 Steps For In-House Counsel To Assess Litigation Claims

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    Before a potential economic downturn, in-house attorneys should investigate whether their company is sitting on hidden litigation claims that could unlock large recoveries to help the business withstand tough times, says Will Burgess at Hilgers Graben.

  • Negotiating Triparty Hotel Agreements To Withstand Risk

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    Brewing economic uncertainty in the hospitality industry underscores the importance of subordination, nondisturbance and attornment agreements, and hotel managers should tightly negotiate these agreements to ensure remedies will not disturb key rights, say attorneys at Sidley.

  • Series

    Teaching College Students Makes Me A Better Lawyer

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    Serving as an adjunct college professor has taught me the importance of building rapport, communicating effectively, and persuading individuals to critically analyze the difference between what they think and what they know — principles that have helped to improve my practice of law, says Sheria Clarke at Nelson Mullins.

  • Series

    Adapting To Private Practice: From DOJ Enviro To Mid-Law

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    Practitioners leaving a longtime government role for private practice — as when I departed the U.S. Department of Justice’s environmental enforcement division — should prioritize finding a firm that shares their principles, values their experience and will invest in their transition, says John Cruden at Beveridge & Diamond.

  • Key Questions When Mediating Environmental Disputes

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    As the U.S. Environmental Protection Agency implements dramatic regulatory changes, companies seeking to use mediation to manage increased risks and uncertainties around environmental liabilities should keep certain essential considerations in mind to help reach successful outcomes, says Edward Cohen at Thompson Coburn.

  • CRE Challenges Demand New Lease And Development Plans

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    As developers and landlords face declining occupancy of commercial, industrial and office space post-pandemic, a combination of business and lease considerations may better position stakeholders to protect the value and profitability of their commercial real estate, says Geoffrey Leskie at Segal McCambridge.

  • Legal Ethics Considerations For Law Firm Pro Bono Deals

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    If a law firm enters into a pro bono deal with the Trump administration in exchange for avoiding or removing an executive order, it has an ethical obligation to create a written settlement agreement with specific terms, which would mitigate some potential conflict of interest problems, says Andrew Altschul at Buchanan Angeli.

  • Series

    Playing Football Made Me A Better Lawyer

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    While my football career ended over 15 years ago, the lessons the sport taught me about grit, accountability and resilience have stayed with me and will continue to help me succeed as an attorney, says Bert McBride at Trenam.

  • 10 Arbitrations And A 5th Circ. Ruling Flag Arb. Clause Risks

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    The ongoing arbitral saga of Sullivan v. Feldman, which has engendered proceedings before 10 different arbitrators in Texas and Louisiana along with last month's Fifth Circuit opinion, showcases both the risks and limitations of arbitration clauses in retainer agreements for resolving attorney-client disputes, says Christopher Blazejewski at Sherin and Lodgen.

  • Notable Q1 Updates In Insurance Class Actions

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    The first quarter of 2025 was filled with the refinement of old theories in the property and casualty space, including in vehicle valuation, time to seek appraisal and materials depreciation, says Mathew Drocton at BakerHostetler.

  • Ch. 11 Free-And-Clear Sale Ruling Takes Pragmatic Approach

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    A recent ruling from a New York bankruptcy court in which the debtors were allowed to sell interests free and clear regardless of a lienholder's objection signals a practical approach and a recalibration of the balance between debtor flexibility and creditor protections, say attorneys at Eversheds Sutherland.

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