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A long perspective view of a modern data center featuring rows of glass-enclosed server racks with glowing blue lights flanking a central walkway with a gold-lit metal floor grate.

Developers Allege Data Center Bans Defy Due Process

Developers across the country are accusing city and county governments of violating their constitutional rights to due process, claiming in federal lawsuits that recently enacted moratoriums on data center projects are expressly targeting them.

Supertall skyscrapers in a row alongside other high-rise apartment buildings

What Billionaires' Row Co-Op Victory Means For NY Arbitration

Shareholders at a residential cooperative on New York City's Billionaire's Row scored a victory last week when the Appellate Division vacated an arbitration award that would have seen the ground-lease rent increase nearly sixfold to $24.6 million. Gayle Pollack, a partner at Morrison Cohen LLP who led the team representing the tenants, spoke to Law360 about her work on the case.

Artist's rendering of a resort-style outdoor pool surrounded by lounge chairs, palm trees, cabanas and a modern residential building with the ocean in the background.

South Beach's Overlooked Neighbor Catches Developers' Eye

Miami Beach has attracted a new wave of development, but it's not in South Beach. Homegrown developer Robert Finvarb tells Law360 Real Estate Authority what is drawing him and other prominent builders to long-ignored North Beach.

Expert Analysis

Planning For The Impact Of FinCEN's CTA Rollback

David Buck, Paul Tyrrell and Michael Mann

The Financial Crimes Enforcement Network's recent rollback of Corporate Transparency Act reporting obligations sho... (more story)

Home Equity Products Face Expanding Regulatory Patchwork

Christian Hancock, Brian O’Dell and Tom Mostellar

Home equity investment providers, which have recently come under scrutiny from regulators and industry groups, fac... (more story)

What Nonbank Lenders Should Watch In 'Open Banking' Redo

Kara Ward

Nonbank mortgage lenders should prepare for several key changes in the Consumer Financial Protection Bureau's anti... (more story)

Commercial More

Jushi Opposes Pot Shop's Summary Bid On Antitrust Claims

Cannabis giant Jushi Holdings and others are asking a federal court to toss a lawsuit alleging they made a $10 million deal to keep a rival out of town, arguing they did not participate in anticompetitive beha... (more story)

S. Korea Wins ICSID Annulment Decision In $196M Dispute

An ad hoc committee of the International Centre for Settlement of Investment Disputes has confirmed that the South Korean government is the victor in a 260 billion won ($196 million) arbitration award against ... (more story)

Exterior of Polsinelli law firm building
Polsinelli Leader On Dallas Office Market's Evolution

As the Dallas office market experiences a renaissance, law firms are giving more thought to their office needs. Brian Bullard, managing partner of Polsinelli's Dallas office and chair of its investment strateg... (more story)

Pa. Warns Data Center Growth Could Overwhelm Supply

The Pennsylvania Public Utilities Commission said in a Monday report that the state's electric grid by 2030 will carry a risk of outage nearly six times greater than a reliability standard for the region allow... (more story)

Hyliion Investors End Suit Over Data Center Deal

A proposed class of Hyliion Holdings Corp. investors has voluntarily dropped its suit against the linear generators company, which was accused in Texas federal court of overhyping a data center partnership wit... (more story)

NYC Real Estate Week In Review

Sheppe and HSF Kramer are among the law firms that landed work on the largest New York City real estate trades that hit public records last week, with a Brooklyn apartment deal leading the way.

First Citizens Bank Lends $157M For Self-Storage Fund

Raleigh, North Carolina-headquartered First Citizens Bank announced Monday that it provided $157 million in financing to Morningstar Properties, a real estate developer, owner and operator of specialty real es... (more story)

Residential More

NY Housing Chief Says Rent Suit Must Yield To State Case

The commissioner of the New York State Division of Housing and Community Renewal asked a federal court to abstain from hearing a suit challenging changes to a renovation program for rent-stabilized units and t... (more story)

FTC's View Of Construction Adhesives Market Won The Day

A New York federal court found the Federal Trade Commission was right to focus on the retail market for various types of construction adhesives when asking to block Loctite-maker Henkel's planned $725 million ... (more story)

low-angle view of yellow construction crane and incomplete multilevel building with peach-colored temporary siding
Wells Fargo Slashes Construction Debt By Another $1B

Wells Fargo continued to reduce its construction debt on the books in the second quarter, trimming that figure by another $1 billion, while JPMorgan saw a smaller reduction of about $200 million in constructio... (more story)

Latham, Skadden Prep Bamboo Insurance's $700M IPO Target

Bamboo Insurance Services, a Utah home insurance company backed by European private equity firm CVC Capital Partners, unveiled plans Monday to raise up to $700 million in an upcoming initial public offering gu... (more story)

Mich. Court Affirms County Can Seize Family Cottage For Park

Kalamazoo County can seize a family-owned cottage on a one-third-acre parcel in southwest Michigan to expand a public park, a Michigan Court of Appeals panel said, affirming a trial court decision.

SF Vacancy Tax Barred By Calif. Law, Appeals Court Affirms

San Francisco's voter-approved tax on vacant residential units penalizes property owners for keeping those off the rental market and thus violates California law, a state appeals court panel ruled, upholding a trial court.

DC Inks $9.3M Deals With 2 More Landlords In RealPage Case

The District of Columbia has agreed to $9.3 million worth of settlements for its antitrust claims against two landlords it accused of using RealPage Inc.'s revenue management software for rent price-fixing, th... (more story)