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Real Estate
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December 01, 2025
Catching Up With Delaware's Chancery Court
The Delaware Chancery Court saw a slate of corporate law clashes this past week, from fast-moving injunction fights in consumer product and real estate markets to multibillion-dollar oversight claims against crypto executives and fresh battles over control for two sports teams.
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December 01, 2025
2 Firms Steer Construction Services Firm's $242M IPO
Construction services firm Cardinal Infrastructure Group Inc., guided by Willkie Farr & Gallagher LLP, set a price range for an estimated $242 million initial public offering on Monday, and the IPO is being backed by lead underwriters Stifel Nicolaus & Co. Inc. and William Blair & Co. LLC, advised by Latham & Watkins LLP.
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December 01, 2025
Ill. Dept. Analyzes State Property Tax System Per 2024 Law
The Illinois Department of Revenue said Monday that it's conducting a study of the state's property tax system as required by a law enacted last year.
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November 26, 2025
4th Circ. Clears Lender In Kuwaiti Royal Fraud Case
World Business Lenders LLC secured a modest windfall in the Fourth Circuit on Wednesday after a panel said the small business lender was not "willfully blind" to financial fraud against a member of the Kuwaiti royal family and reversed a lower court's judgment that ordered WBL to pay over $704,000 in compensatory and punitive damages.
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November 26, 2025
Board Denies State Dept. Win In Contract Termination Row
The U.S. Civilian Board of Contract Appeals denied the U.S. Department of State's attempt to limit a construction company's monetary claim after the agency terminated its construction contract, saying there's too much uncertainty over the contract price.
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November 26, 2025
Title Co., Investor Must Split Blame In $13M Escrow Fraud Suit
A title company is partially liable for mishandling $13 million wired into escrow by an investor seeking a 50% ownership interest in a 17-hotel deal, a California federal judge ruled, finding that the title company owed the investor a duty of reasonable care.
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November 26, 2025
Fair Housing Org. Fights NY Renovation Program Changes
A fair housing organization alleged in federal court that the New York State Division of Housing and Community Renewal's retroactive enforcement of changes to a renovation program needs to be blocked or participating New York City building owners won't benefit from "hundreds of millions of dollars of investment."
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November 26, 2025
SF Island's Ex-Owner Refutes Wetlands Label At 9th Circ.
The former owner of an island in the San Francisco Bay is asking the Ninth Circuit to reverse a lower court ruling that he illegally destroyed "critical" wetlands without first receiving a Clean Water Act permit.
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November 26, 2025
Justices Delay Copyright Chief Case Until FTC Firing Decision
The U.S. Supreme Court said it will defer ruling on whether the Trump administration's firing of the U.S. Copyright Office leader was legal until the justices resolve cases involving the terminations of a Democratic Federal Trade Commission member and Federal Reserve Gov. Lisa Cook.
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November 26, 2025
RealPage Sues Over NY Rental Pricing Software Law
Property management software company RealPage sued New York's attorney general in federal court, alleging a recently passed state law to prevent building owners from using software to collude on residential rental rates is unnecessary and violates the First Amendment.
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November 26, 2025
Forest Council Backs Feds In Mont. Logging Project Dispute
The American Forest Resource Council is asking a Montana federal court to allow it to intervene in a challenge by a group of environmental nonprofits over a plan to clear-cut 12,331 acres in the Flathead National Forest, saying its members have economic and protective interests at stake.
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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.
Expert Analysis
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4 Strategies For De-Escalating Hospitality Industry Disputes
As recent uncertainty in the travel business exacerbates the risk of conflict in the hospitality sector, industry in-house counsel and their outside partners should consider proactive strategies aimed at de-escalating disputes, including preserving the record, avoiding boilerplate clauses and considering arbitration, say Randa Adra at Crowell and Stephanie Jean-Jacques at Hyatt.
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Series
Law School's Missed Lessons: Appreciating Civil Procedure
If you’re like me, law school’s often complex and theoretical approach to teaching civil procedure may have contributed to an early struggle with the topic, but when seen from a practical perspective, new lawyers may find they enjoy mastering these rules, says Chloe Villagomez at Foster Garvey.
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Calif. Bar Exam Fiasco Shows Why Attys Must Disclose AI Use
The recent revelation that a handful of questions from the controversial California bar exam administered in February were drafted using generative artificial intelligence demonstrates the continued importance of disclosure for attorneys who use AI tools, say attorneys at Troutman.
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Spoliation Of Evidence Is A Risky And Shortsighted Strategy
Destroying self-incriminating evidence to avoid a large judgment may seem like an attractive option to some defendants, but it is a shortsighted strategy that affords the nonspoliating party potentially case-terminating remedies, and support for a direct assault on the spoliator’s credibility, say attorneys at Mandelbaum Barrett.
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In 2nd Place, Va. 'Rocket Docket' Remains Old Reliable
The U.S. District Court for the Eastern District of Virginia was again one of the fastest civil trial courts in the nation last year, and an interview with the court’s newest judge provides insights into why it continues to soar, says Robert Tata at Hunton.
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SEC Signals Opening For Private Fund Investment Reform
At SEC Speaks in late May, the U.S. Securities and Exchange Commission made clear that it's considering allowing registered funds of private funds to be offered broadly to true retail investors, meaning existing funds should review their disclosures focusing on conflicts of interest, liquidity and fees, say attorneys at Stradley Ronon.
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Parsing A Lack Of Antitrust Info-Sharing Enforcement Clarity
Information sharing among competing firms has recently faced dramatic changes in antitrust agency guidance, while courts grapple with the permissible scope of pricing algorithms, leaving companies in limbo, but potential Trump administration changes could offer some reprieve, say attorneys at Axinn.
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Operating Via Bank Charter Offers Perks Amid Industry Shift
As bank regulators become more receptive to streamlining barriers that have historically stood in the way of de novo bank formation, and as fintechs show more interest in chartering, attorneys at Goodwin outline the types of charters available and their benefits.
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How Attorneys Can Become Change Agents For Racial Equity
As the administration targets diversity, equity and inclusion efforts and law firms consider pulling back from their programs, lawyers who care about racial equity and justice can employ four strategies to create microspaces of justice, which can then be parlayed into drivers of transformational change, says Susan Sturm at Columbia Law School.
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Unicoin Case Reveals SEC's Evolving Enforcement Posture
The U.S. Securities and Exchange Commission's recent fraud allegations against cryptocurrency company Unicoin send a clear message that while the Trump administration supports digital asset development, it will act decisively against deception, inflated valuations and false assurances, says David Zaslowsky at Baker McKenzie.
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Series
Running Marathons Makes Me A Better Lawyer
After almost five years of running marathons, I’ve learned that both the race itself and the training process sharpen skills that directly translate to the practice of law, including discipline, dedication, endurance, problem-solving and mental toughness, says Lauren Meadows at Swift Currie.
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Series
Law School's Missed Lessons: Supporting A Trial Team
While students often practice as lead trial attorneys in law school, such an opportunity likely won’t arise until a few years into practice, so junior associates should focus on honing skills that are essential to supporting a trial team, including organization, adaptability and humility, says Lucy Zelina at Tucker Ellis.
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CFPB Industry Impact Uncertain Amid Priority Shift, Staff Cuts
A recent enforcement memo outlines how the Consumer Financial Protection Bureau's regulatory agenda diverges from that of the previous administration, but, given the bureau's planned reduction in force, it is uncertain whether the agency will be able to enforce these new priorities, say attorneys at Troutman Pepper.
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Series
Adapting To Private Practice: From US Attorney To BigLaw
When I transitioned to private practice after government service — most recently as the U.S. attorney for the Eastern District of Virginia — I learned there are more similarities between the two jobs than many realize, with both disciplines requiring resourcefulness, zealous advocacy and foresight, says Zach Terwilliger at V&E.
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Opportunity Zone Revamp Could Improve The Program
If adopted, the budget bill's new iteration of the opportunity zone program could renew, refine and enhance the effectiveness and accountability of the original program by including structural reforms, expanded eligibility rules and incentives for rural investment, say attorneys at Pillsbury.