Commercial

  • March 26, 2026

    NC Court Denies Collective Bid In Wage Row, For Now

    Employees alleging a property management company stiffed them on overtime wages cannot proceed as a collective for now, a North Carolina federal judge has ruled, finding that the current record is insufficient to determine whether they are similarly situated.

  • March 26, 2026

    Ohio AG Advances Bid For Constitutional Data Center Ban

    Ohio Attorney General Dave Yost has advanced a petition for a constitutional amendment to prohibit the construction of data centers in the state, in one step toward seeing the question listed on the ballot.

  • March 26, 2026

    Exxon Settles Suit Over Cleanup Of Seattle Gas Station Site

    Exxon Mobil Corp. has reached a settlement with a Seattle property owner who sought to hold the company liable for cleanup costs at the site of a former gas station, according to a motion approved Thursday by a Washington federal judge.

  • March 26, 2026

    Fried Frank Advises $1.7B Refi For SL Green Office Tower

    Fried Frank Harris Shriver & Jacobson LLP advised office landlord SL Green Realty Corp. in landing a $1.65 billion refinancing of its One Madison Avenue tower after announcing the property became fully leased in early March.

  • March 26, 2026

    2nd Circ. Reopens Mortgage-Backed Securities ERISA Suit

    The Second Circuit on Thursday revived a federal benefits lawsuit against Wells Fargo and Ocwen accusing the companies of mishandling home loans tied to a union pension fund's investments, overturning a lower court ruling that handed the bank and loan servicing companies a pretrial win in the proposed class action.

  • March 26, 2026

    Shutts & Bowen Must Face DQ Bid In Fla. Real Estate Dispute

    A Florida state appeals court on Wednesday revived a bid to disqualify Shutts & Bowen LLP from representing a member of a real estate business in a dispute with his fellow owners, saying a trial court improperly barred certain testimony before rejecting the disqualification motion.

  • March 26, 2026

    Mich. Justices Revive Firm's Tax Cap Fight Over New Roof

    The Michigan Supreme Court revived a law firm's claims that a new roof for its office building wasn't an addition that allowed the property's taxable value increase to exceed a 5% cap, remanding the case for further examination of the firm's constitutional arguments.

  • March 26, 2026

    Outgoing Realty Income CLO Earned $3.8M In 2025

    Realty Income Corp's chief legal officer saw her compensation total $3.88 million in 2025, which will mark her final full year at the firm after the real estate investment trust announced its search for a new CLO earlier in March.

  • March 26, 2026

    11th Circ. Affirms Slashing Tax Breaks For Conservation Gifts

    Two partnerships that claimed tens of millions of dollars in tax deductions for protecting 530 acres in Georgia from development grossly overvalued their contributions and rightfully drew penalties from the Internal Revenue Service, the Eleventh Circuit said in affirming a U.S. Tax Court decision.

  • March 26, 2026

    Ore. Industrial Property Value Cut By Tax Court

    An industrial parcel in Oregon was overvalued, the state tax court ruled, agreeing with the owner's assertion of the property's highest and best use and the need for a sewer pump station.

  • March 25, 2026

    Real Estate Private Credit's Moment To Shine

    Even under scrutiny prompted by problems in corporate private credit, the real estate corner of private credit is holding up. Although both forms of debt are under the heading of private credit, attorneys that advise private credit borrowers, lenders and investors do not expect real estate private credit to get blowback from the corporate private credit world.

  • March 25, 2026

    ICE Builds Out Detention Centers, And The Suits Pile Up

    U.S. Immigration and Customs Enforcement's surging need for detention space — fueled by increased funding and a rapid escalation in enforcement activity — has sparked litigation from local lawmakers and advocacy groups concerned by the agency's full-throttle approach and perceived disregard for surrounding communities.

  • March 25, 2026

    Meet The Attys In Biotech Biz Finch's Ch. 11

    A team of attorneys from Chipman Brown Cicero & Cole LLP and Ropes & Gray LLP is steering the Chapter 11 case of Finch Therapeutics, a company that develops treatments to improve the health of the body's microbiome.

  • March 25, 2026

    SmartStop, AXCS Capital Ink $100M Self-Storage JV

    SmartStop Self Storage REIT Inc. and AXCS Capital Inc. have formed a $100 million real estate credit joint venture, with which the pair say they plan to target bridge debt and preferred equity investments in the self-storage sector.

  • March 25, 2026

    Developer Plans $214M Industrial Site In Second Va. Project

    Commercial real estate company Flint Development said Wednesday it has won approval to start work on a $213.5 million industrial facility along Interstate 95 in Thornburg, Virginia.

  • March 25, 2026

    Lender Targets Borrower, Guarantor In $3.8M Default Suit

    A Delaware lender has sued a group of real estate investors and affiliated entities in Delaware Chancery Court, accusing them of defaulting on a $3.8 million mezzanine loan and then diverting collateral to avoid repayment.

  • March 25, 2026

    HIG Realty Lands $1.6B Refi For Resorts, Logistics Portfolios

    H.I.G. Capital has secured a $1.6 billion recapitalization of resorts in the Mediterranean region and warehouse properties in Europe through a lending consortium led by Piraeus Bank, the investment firm said Wednesday.

  • March 25, 2026

    US Could Approach $500B In Data Center Investment In 2026

    Last year saw more than $580 billion in global data center investment, up 27% from 2024, and the U.S. alone in 2026 could approach $500 billion in such investment, according to a report Colliers released Wednesday.

  • March 25, 2026

    Foley & Lardner Moving Jacksonville Shop To New Tower

    Foley & Lardner LLP announced plans Wednesday to move its Jacksonville, Florida, office later this year to a recently constructed six-floor tower in the city's downtown sports and entertainment district that is also home to the new business headquarters of the NFL's Jacksonville Jaguars.

  • March 25, 2026

    Contractor Sues Over 'Abandoned' Milwaukee Timber Tower

    A developer that pitched a Milwaukee high-rise as the biggest in North America to use a timber-based structural system is facing a state lawsuit from a general contractor that claims it is owed $11.3 million for work before the project shut down in September.

  • March 25, 2026

    FBT Gibbons Lands Public Finance Pros From BigLaw Firms

    FBT Gibbons LLP has added two public finance partners, one from Bracewell LLP in Houston and another from Barnes & Thornburg LLP in Columbus, Ohio.

  • March 25, 2026

    Brokers Claim CBRE Withheld Pay On Legal Tenant Deal

    Three brokers are accusing CBRE of diverting $4 million in commissions from a Washington, D.C., office tenancy deal with a legal industry client to others who didn't substantively work on the transaction, according to a D.C. federal suit.

  • March 25, 2026

    Marriott Vacations Promotes Deputy GC To Top Spot

    Marriott Vacations Worldwide Corp. has promoted its deputy general counsel to take over as the company's new top lawyer, replacing its longtime general counsel who stepped down earlier this month.

  • March 25, 2026

    Utah Expands Unrelated Biz Income Definition For Corp. Tax

    Utah will expand its definition of corporate income to include income allocated to the state under a bill signed by the state's governor.

  • March 25, 2026

    Biotech 'Lowballed' Landlord On Lease Exit, Suit Says

    Biopharma company Werewolf Therapeutics has offered its Massachusetts landlord little more than 10 cents on the dollar to buy out the remainder of a lease for its lab space, even as the firm pays out departing executives and other creditors, according to a lawsuit brought in state court.

Expert Analysis

  • Navigating FEMA Grant Program For Slope Fixes After Storms

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    In the aftermath of Hurricanes Helene and Milton, it is critical for governments, businesses and individuals to understand the legal requirements of the Federal Emergency Management Agency's grant programs to obtain funding for crucial repairs — including restoration of damaged infrastructure caused by landslides and slope failures, says Charles Schexnaildre at Baker Donelson.

  • Smith's New Trump Indictment Is Case Study In Superseding

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    Special counsel Jack Smith’s recently revised Jan. 6 charges against former President Donald Trump provide lessons for prosecutors on how to effectively draft superseding indictments in order to buttress or streamline their case, as necessary, says Jessica Roth at Cardozo Law School.

  • Consider Best Legal Practices For Commissioning Public Art

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    Commissioning public art for real estate projects can provide many benefits to real estate developers and the public, but it's important to understand the unique legal and contracting aspects of the process to ensure that projects are completed on time and on budget, says Sarah Conley Odenkirk at ArtConverge.

  • Applying High Court's Domestic Corruption Rulings To FCPA

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    After the U.S. Supreme Court narrowed the domestic corruption statutes in three decisions over the past year and a half, it’s worth evaluating whether these rulings may have an impact on Foreign Corrupt Practices Act enforcement, and if attorneys can use the court’s reasoning in international bribery cases, says James Koukios at MoFo.

  • Climate Among Many Factors Driving Up RE Insurance Costs

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    A proactive approach to risk management may determine the viability of the U.S. commercial real estate sector as weather crises and other factors drive insurance costs higher, says Ulrick Matsunaga at Crosbie Gliner.

  • Bid Protest Spotlight: Debriefings, Timeliness, Documentation

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    ​James Tucker at MoFo examines three recent decisions from the Federal Circuit, the U.S. Government Accountability Office and the U.S. Court of Federal Claims concerning an agency's decision not to hold post-award discussions, a timeliness trap in certain Federal Supply Schedule procurements and the importance of providing contemporaneous documentation in price-evaluation protests.

  • A Look At Recent Case Law On Expedited Judgment In NY

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    A number of recent New York state court decisions clarify and refine the contours surrounding Civil Practice Law and Rule 3213, providing landlords, lenders and other payees guidance on how to seek accelerated judgment in certain litigation, says Alexander Lycoyannis at Holland & Knight.

  • Dealmaker Lessons From CFIUS' New Enforcement Webpage

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    The Committee on Foreign Investment in the United States’ recently launched webpage, which details the actions — and inactions — that led to enforcement activity, provides important insights for dealmakers about filing requirements, mitigation commitments and the cost of noncompliance, say attorneys at Dechert.

  • Reassessing Lease Provisions To Account For ESG Initiatives

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    As companies seek to build ESG considerations into their businesses, it's crucial to understand how such initiatives can quickly become significant enough to compel reassessment of lease agreement provisions, and how best to modify leases accordingly, say Julian Freeman and Gabe Pitassi at Cox Castle.

  • Avoid Getting Burned By Agencies' Solar Financing Spotlight

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    Recently coordinated reports and advisories from the U.S. Department of the Treasury, the Consumer Financial Protection Bureau and the Federal Trade Commission maximize the spotlight on the consumer solar financing market and highlight pitfalls for lenders to avoid in this burgeoning field, says Mercedes Tunstall at Cadwalader.

  • Co-Tenancy Clause Pointers For Shopping Center Landlords

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    Large retail tenants often require co-tenancy provisions in their leases, entitling them to remedies if a shopping center's occupancy drops in certain ways, but landlords must draft these provisions carefully to avoid giving tenants too much control, says Gary Glick at Cox Castle.

  • Assessing Algorithmic Versus Generative AI Pricing Tools

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    A comparison of traditional algorithmic pricing models and those powered by generative artificial intelligence can help regulators and practitioners weigh the pros and cons of relying on large language models to price products or services, say Maxime Cohen at McGill University, and Tim Spittle and Jimmy Royer at Analysis Group.

  • Navigating A Potpourri Of Possible Transparency Act Pitfalls

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    Despite the Financial Crimes Enforcement Network's continued release of guidance for complying with the Corporate Transparency Act, its interpretation remains in flux, making it important for companies to understand potentially problematic areas of ambiguity in the practical application of the law, say attorneys at Sidley.