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Real Estate
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January 23, 2026
Real Estate Recap: HUD, Corporate Landlords, Atty Errors
Catch up on this past week's key developments by state from Law360 Real Estate Authority — including how the U.S. Department of Housing and Urban Development may be shifting focus, what President Donald Trump's executive order on investment in single-family homes means for Wall Street, and a look at some of the mistakes made by real estate attorneys.
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January 23, 2026
Victims In $93M Fraud Fight Receiver's 3rd-Party Claims Plan
Investors in a $93 million Miami real estate development scheme are protesting a proposal by the receiver of the company's estate to hire her own law firm, increase the receiver fees and go after recipients of fraudulent transfers, claiming the proposal will increase costs and decrease transparency.
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January 23, 2026
RE Investor Wants $3.1M Set Aside Amid Conn. Payment Suit
A real estate investor urged a Connecticut state court to order a developer and other parties to set aside $3.1 million in case the investor wins its suit, which involves return-on-investment payments for a $2.5 million investment into a Shelton, Connecticut, commercial real estate project.
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January 23, 2026
Enviros Seek Quick Win In Mont. National Forest Logging Row
A group of environmental nonprofits is asking a federal district court for a summary judgment win in their challenge to a plan to clear-cut 12,331 acres in Montana's Flathead National Forest, saying the project's biological opinion does not reflect the litany of construction that is already underway adjacent to the property.
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January 23, 2026
Colo. City Worked 'In Secret' To Kill Airport Lease, Court Told
A tenant operating a hangar at a Pueblo, Colorado, airport claimed in federal court that the airport's municipal owner is threatening to cancel a long-term lease after stonewalling its attempts to fix defects turned up in a short-notice inspection held on a federal holiday.
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January 23, 2026
1st Circ. Says Mass. Residents' Zoning Suit Lacks Standing
The First Circuit backed the dismissal of a suit filed by residents of a Massachusetts town who sued over the local planning board's proposed high-density multifamily zoning district, ruling that they lacked standing to sue.
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January 23, 2026
Latham, Davis Polk Guide Construction Gear Co.'s $747M IPO
Construction equipment rental company EquipmentShare began trading Friday after raising $747 million at the midpoint of an expected range in an initial public offering guided by Davis Polk & Wardwell LLP and underwriters counsel Latham & Watkins LLP.
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January 22, 2026
Calif. Court Sides With Tenants In Background Check Suit
A California appellate court on Wednesday issued a landmark opinion partially resurrecting a suit accusing a Los Angeles-area landlord of illegally refusing to share various background check information with rental applicants, finding that tenants do have standing to sue under California law even if they haven't suffered any actual damages.
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January 22, 2026
Panel Pushes Ex-Texans CEO's Son On Probate Jurisdiction
A Texas appeals court on Thursday pushed the son of deceased billionaire and Houston Texans founder Robert McNair to explain why a probate court has no jurisdiction over claims that he surreptitiously placed poison pill agreements into the companies he ran.
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January 22, 2026
Nationwide Unit Says Insurers Must Defend Construction Co.
A subsidiary of Nationwide Mutual Insurance Co. on Thursday accused Underwriters at Lloyd's London and other insurers of wrongfully refusing to defend a general contractor from a construction defects suit involving a Los Angeles home that was bought for $7.1 million.
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January 22, 2026
Expedia Tries To Shed Helms-Burton Suit Over Cuban Island
Expedia urged a Florida magistrate judge Thursday to dismiss a lawsuit accusing the online travel company of trafficking in an island confiscated by the Cuban government, arguing that a simple assertion of ownership of a claim to the property is not enough to put Expedia on notice of potential violations.
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January 22, 2026
Judge Expands Block On Trump's Grant Restrictions
A Washington federal judge agreed to broaden a preliminary injunction against the Trump administration over its political restrictions for using over $12 billion worth of federal grants, expanding the block to cover additional plaintiffs who were added to the suit.
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January 22, 2026
Walmart Broke Grocery Noncompete Promise, Court Told
The owner of a suburban Pittsburgh grocery store told a Pennsylvania federal judge Thursday that a neighboring Walmart is in violation of a nearly 30-year-old deal not to compete for food sales, blaming a recent remodel for a drop in the grocer's sales.
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January 22, 2026
Brooklyn Apartments Hit Ch. 11 Amid Mortgage Default
Three Brooklyn apartment buildings — containing roughly 150 units and collectively owing about $23 million in unpaid mortgage debt, interest and fees — have filed for Chapter 11 protection in New York bankruptcy court.
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January 22, 2026
King & Spalding Hires Ex-McDermott Atty For NYC Office
King & Spalding hired an ex-McDermott Will & Schulte partner for a partner role on its real estate and funds team in New York City, the firm announced.
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January 22, 2026
Fla. University Sues Architects Over Chapel Design Defects
The Florida International University has accused an architecture firm of botching the construction of an interfaith chapel on campus, saying in a suit filed in state court that the company failed to correct and pay the costs of structural defects in breach of their contract.
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January 22, 2026
Cadwalader Commodities Pro Joins Sidley In DC
A Cadwalader Wickersham & Taft LLP commodities partner has joined Sidley Austin LLP's regulatory and enforcement practice in Washington, D.C.
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January 22, 2026
Shareholder Says $2.3B Take-Private Deal Hid Blackstone Ties
Board members of Hawaii-based commercial real estate investment trust Alexander & Baldwin obscured their connections to Blackstone Real Estate in securities filings preceding a proposed $2.3 billion take-private deal, an investor claimed in an Illinois federal lawsuit.
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January 22, 2026
2 Firms Advise Energy Infrastructure Co.'s Go-Public Deal
Utility-scale energy infrastructure developer Hecate Energy Group said Thursday that it is set to become a public company valued at $1.2 billion under a merger advised by Cahill Gordon & Reindel LLP and Allen Overy Shearman Sterling LLP.
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January 21, 2026
BP Says Wash. Residents' 'Noxious Odors' Class Claims Stink
A BP unit facing a proposed class action over oil refinery fumes urged a Washington federal judge to flush the suit, arguing that the plaintiffs' proposed class definition is flawed because individual residents would be affected differently based on wind direction, distance from the facility and other factors.
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January 21, 2026
EXp Brass Can't Shake Claims It Ignored Sexual Misconduct
The Delaware Chancery Court has allowed the bulk of a shareholder lawsuit against eXp World Holdings Inc. to proceed, saying it is reasonable to infer the real estate brokerage's board "effectively did nothing" in response to red flags about widespread allegations of drugging, rape and sexual assault.
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January 21, 2026
Firm Seeks To Toss Suit Alleging Hurricane Claim Fee Scheme
A law firm urged a Louisiana federal court Wednesday to toss a proposed class action over an alleged scheme to collect exorbitant fees on hurricane-related property insurance claims, saying the complaint fails to plead a certifiable class and involves a "smorgasbord" of individualized legal malpractice claims.
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January 21, 2026
Cloover Raises $1.22B Via Series A, Debt Facility
Cloover announced Wednesday that the green fintech company raised $22 million via a Series A equity financing as well as a $1.2 billion debt facility from a leading European bank, guided by Orrick Herrington & Sutcliffe LLP.
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January 21, 2026
Title Insurer Gets Atty's Emotional Distress Claims Cut
Higher-ups at Connecticut title insurer CATIC and its nonprofit holding company don't have to face a former director's claims for emotional distress and tortious interference over his ouster, a state court judge has ruled.
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January 21, 2026
Alaska House Bill Would Limit Property Value Increases
Alaska would cap the amount by which a local assessor could increase the assessed value of real property from its previous assessment under a bill introduced in the state House of Representatives.
Expert Analysis
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How Fractional GCs Can Manage Risks Of Engagement
As more organizations eliminate their in-house legal departments in favor of outsourcing legal work, fractional general counsel roles offer practitioners an engaging and flexible way to practice at a high level, but they can also present legal, ethical and operational risks that must be proactively managed, say attorneys at Boies Schiller.
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5 Lender Strategies When A Commercial Borrower Defaults
With an estimated $2 trillion in commercial real estate loans set to mature by 2027, now is an opportune time for lenders to review practices on both the front and back ends, and understand the full range of options available in the event of a default, says Keith Mundrick at Amundsen Davis.
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Series
Nature Photography Makes Me A Better Lawyer
Nature photography reminds me to focus on what is in front of me and to slow down to achieve success, and, in embracing the value of viewing situations through different lenses, offers skills transferable to the practice of law, says Brian Willett at Saul Ewing.
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How Cos. Can Roll With NY's New Algorithmic Pricing Rules
Despite uncertainty from New York’s new ban on artificial intelligence and computer algorithms for setting rents, and efforts to further restrict individualizing prices based on consumers' personal data, property managers, software providers and merchants can take several steps to stay compliant, say attorneys at Foley & Lardner.
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Series
Law School's Missed Lessons: Practical Problem Solving
Issue-spotting skills are well honed in law school, but practicing attorneys must also identify clients’ problems and true goals, and then be able to provide solutions, says Mary Kate Hogan at Quarles & Brady.
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How Workforce, Tech Will Affect 2026 Construction Landscape
As the construction industry's center of gravity shifts from traditional commercial work to infrastructure, energy, industrial and data-hosting facilities, the effects of evolving technology and persistent labor shortages are reshaping real estate dealmaking, immigration policy debates and government contracting risk, say attorneys at Cozen O'Connor.
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Opinion
A Uniform Federal Rule Would Curb Gen AI Missteps In Court
To address the patchwork of courts’ standing orders on generative artificial intelligence, curbing abuses and relieving the burden on judges, the federal judiciary should consider amending its civil procedure rules to require litigants to certify they’ve reviewed legal filings for accuracy, say attorneys at Shook Hardy.
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AG Watch: Texas Junk Fee Deal Shows Enforcement Priorities
Texas Attorney General Ken Paxton's recent $9.5 million settlement with online travel agency website Booking Holdings for so-called junk fee practices follows a larger trend of state attorneys general who have taken similar action and demonstrates the significant penalties that can follow such allegations, say attorneys at Kelley Drye.
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Series
The Law Firm Merger Diaries: Integrating Practice Groups
Enacting unified leadership and consistent client service standards ensures law firm practice groups connect and collaborate around shared goals, turning a law firm merger into a platform for growth rather than a period of disruption, says Brian Catlett at Fennemore Craig.
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Receivership Law May Streamline Real Estate Sales In Illinois
The Illinois Receivership Act, which goes into effect Jan. 1, provides much-needed clarity on the issue of receivers' sales of commercial real estate and will make the process easier for parties including receivers, special servicers and commercial real estate lenders, say attorneys at Troutman.
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Opinion
Supreme Court Term Limits Would Carry Hidden Risk
While proposals for limiting the terms of U.S. Supreme Court justices are popular, a steady stream of relatively young, highly marketable ex-justices with unique knowledge and influence entering the marketplace of law and politics could create new problems, say Michael Broyde at Emory University and Hayden Hall at the U.S. Bankruptcy Court for the District of Delaware.
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Navigating A Sea Change In Rent Algorithm Regulation
The U.S. Department of Justice's proposed settlement of the RealPage lawsuit represents a pivotal moment in the regulation of algorithmic rent-setting, restraining use of these tools amid a growing trend of regulatory limits on use of algorithmic data and methodologies in establishing housing rental prices. say attorneys at Wilson Elser.
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How Choice Of Law Won The Day In NC Biz Court COVID Case
The North Carolina Business Court recently ruled for policyholders in Tanger Properties v. ACE American Insurance, a business interruption lawsuit arising from the pandemic-related closure of Tanger outlet centers, underscoring the significant role that choice of law plays in insurance coverage disputes, say attorneys at Hunton.
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Series
Knitting Makes Me A Better Lawyer
Stretching my skills as a knitter makes me a better antitrust attorney by challenging me to recalibrate after wrong turns, not rush outcomes, and trust that I can teach myself the skills to tackle new and difficult projects — even when I don’t have a pattern to work from, says Kara Kuritz at V&E.
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The Hidden Pitfalls Of Letters Of Credit In Lease Negotiations
Amid a surge in commercial office leasing driven by artificial intelligence firms, it's crucial for landlords to be aware of the potential downside of accepting letters of credit — in particular, for amounts of security that are less than the statutory bankruptcy claim cap, say attorneys at Allen Matkins.