Commercial
-
August 15, 2025
Yellow Corp. Seeks OK For $16M In Real Estate Sales
Trucking company Yellow Corp. asked a Delaware bankruptcy judge to approve the sale of three of its remaining truck depots for a total of just over $16 million.
-
August 14, 2025
Ruling May Increase Reinsurers' Caution In Insureds' Dealings
A Texas federal judge's ruling that a chemical manufacturer can continue to pursue litigation against a reinsurer in connection with the manufacturer's roughly $100 million business interruption claim offered a well-reasoned analysis as to when a policyholder has standing to bring a direct action against a reinsurer, experts said.
-
August 14, 2025
Liberty Mutual, RXR Unveil $1B Multifamily Credit Partnership
Liberty Mutual Investments plans to provide up to $1 billion worth of credit to real estate company RXR for multifamily financing opportunities, the companies jointly announced Aug. 14.
-
August 14, 2025
Insurance Key To Mitigating Mortgage Risks From Flooding
The increase of flooding in areas outside mandatory flood insurance purchase zones is contributing to mortgage risks for underinsured homeowners following disasters, underscoring a need to find ways to ensure more people have flood coverage, experts say.
-
August 14, 2025
Insurer Avoids Bad Faith Claims In $2M Vandalism Case
A California state court dismissed a property owner's claims that its insurer refused in bad faith to cover nearly $2 million in vandalism losses after its tenant, a cannabis cultivator, ended its lease, but found the owner's breach of contract claim can still proceed to trial.
-
August 14, 2025
3 Firms Advise Mall REIT's $1.5B Notes Offering
Simon Property Group LP, advised by Latham & Watkins LLP, will sell $1.5 billion of senior notes in a deal also guided by Barnes & Thornburg LLP and Sidley Austin LLP.
-
August 14, 2025
3 Firms Guide $650M Brookfield Notes Offering
Brookfield Finance Inc. is offering $650 million worth of Canadian-issued notes that have been underwritten by BofA Securities Inc. and Citigroup Global Markets Inc., according to a Brookfield prospectus filing and a related term sheet.
-
August 14, 2025
Rite Aid Gets More Bids For Leases, Properties In Ch. 11
Drugstore chain Rite Aid told a New Jersey bankruptcy judge on Thursday that it has secured another roughly $76 million in bids for leases and property across the country as the debtor works to sell its assets in Chapter 11.
-
August 14, 2025
Fox Rothschild Lands Cohen Seglias' Delaware Office Leader
Fox Rothschild LLP has added the former managing partner of Cohen Seglias Pallas Greenhall & Furman PC's Delaware office to expand its real estate practice in the First State and beyond.
-
August 14, 2025
Del. Lawmakers Seek Study To Fix Property Tax Assessments
Delaware's General Assembly called for an immediate review of a recent statewide property reassessment to develop legislation to improve the state's property tax assessment process under a Senate concurrent resolution passed by state lawmakers.
-
August 13, 2025
4th, 11th Circs. Shoot Down Local Gov't Cell Tower Denials
Both the Fourth and the Eleventh Circuits issued decisions Wednesday allowing cell tower companies to move forward with projects over the objections of local governments that denied them permission.
-
August 13, 2025
Whole Foods Battles Dismissal Bids In $1M Asbestos Suit
Grocery giant Whole Foods aimed to fend off dismissal bids Wednesday from a shopping plaza owner and landlord, telling the North Carolina Business Court that it sufficiently alleged contract breaches that led to asbestos entering one of its stores.
-
August 13, 2025
NYC Pot Shops Can't Revive Suit Over Marijuana Crackdown
A federal judge will not reconsider his decision to end a lawsuit filed by more than two dozen companies that claim their due process rights were violated when New York City closed some of their stores on claims they were unlicensed cannabis operations, saying they brought nothing new for the court to ponder.
-
August 13, 2025
NY Blasts Ski Resort Owner's 11th-Hour Antitrust Remedy
New York is urging a state court to reject a belated proposal from the owner of a ski resort that he enact price controls instead of adhering to the state's demands that he sell the property after he was found responsible for violating antitrust laws.
-
August 13, 2025
Smith Anderson Adds 5 Business Litigation, Data Privacy Pros
Smith Anderson announced that the firm has brought on five new attorneys who will bolster the Raleigh, North Carolina-based firm's business litigation, data privacy and security, healthcare, real estate and development, and private client practice groups.
-
August 13, 2025
Chancery OKs $7.5M Atty Fee In $50M Lutnick Bonus Battle
Class attorneys who secured a $50 million derivative suit settlement fully offsetting a disputed bonus paid in 2021 to former Newmark Group Inc. controller and current Commerce Secretary Howard Lutnick saw their proposed 25% attorney fee cut to 15% by a Delaware vice chancellor on Wednesday.
-
August 27, 2025
Water Law & Real Estate: A Special Report
What's more summery than a trip to the shore? That's where Law360 Real Estate Authority has headed — not for a break, but for a special section looking at waterfront real estate, from coastal development challenges to big projects and the lawyers keeping them on course.
-
August 13, 2025
NYC Office Tower Inks $159M Lease For Resi Conversion
Real estate firm TF Cornerstone struck a $159 million lease with an office tower on Billionaire's Row in New York City as part of a residential conversion plan.
-
August 13, 2025
Judge Blocks Trump Restrictions For $12B In Federal Grants
A Washington federal judge temporarily blocked restrictions imposed by the Trump administration, such as an anti-gender ideology restriction, on access to more than $12 billion worth of federal grants, ruling in part that the federal government exceeded its authority.
-
August 13, 2025
Feds Skirting Risky Debt As 1 Bank Stays Highly Leveraged
Federal regulators aren't scrutinizing risky real estate loans even though some banks have a substantial volume of high-risk debt on their books, a banking source told Law360 Real Estate Authority.
-
August 13, 2025
Seyfarth Adds Construction Trio From Akerman And Boutique
Seyfarth Shaw LLP announced Wednesday that a trio of experienced construction attorneys have joined the firm's Los Angeles office, including two hires from Akerman LLP.
-
August 13, 2025
Scarinci Hollenbeck Adds 4 Litigators In NYC
Scarinci Hollenbeck LLC has added four litigators previously with Kishner Legal PC who have expertise in areas such as commercial litigation and real estate as attorneys in its New York City office, the firm announced Wednesday.
-
August 13, 2025
Pillsbury Adds Weil Duo To Lead East Coast Real Estate Team
Pillsbury Winthrop Shaw Pittman LLP has added two partners from Weil Gotshal & Manges LLP to serve as the co-leaders of its East Coast real estate practice, the firm said Wednesday.
-
August 13, 2025
Insurer Owes Defense In Hotel Trafficking Suits, Court Told
Red Roof Inn told an Ohio federal court Wednesday that a Liberty Mutual unit must defend it in 11 lawsuits alleging it violated the U.S. Trafficking Victims Protection Reauthorization Act by financially benefitting from human trafficking, arguing the claims fall outside separate exclusions for intended and criminal acts.
-
August 13, 2025
Rising Star: Kirkland's Katie Roddy
Katie Roddy of Kirkland & Ellis LLP advised Hudson Pacific Properties on its $700 million sale of a shuttered Los Angeles mall to UCLA after the pandemic complicated Hudson's office redevelopment plans, earning her a spot among the real estate law practitioners under age 40 honored by Law360 as Rising Stars.
Expert Analysis
-
How CFIUS' Updated Framework Affects Global Investors
The recent change to the monitoring and enforcement regulations governing the Committee on Foreign Investment in the United States will broaden administrative practices around nonnotified transaction investigations, increase the scope of information demands from the committee and accelerate its ability to impose mitigation on parties, say attorneys at Simpson Thacher.
-
Foreclosing Lenders Still Floating In Murky Legal Waters In NY
The New York foreclosure landscape remains in disarray after the state's highest court last month declined to weigh in on whether legal changes from 2022 that severely curtailed lenders' ability to bring successive foreclosure cases were retroactive, says Brian Rich at Barclay Damon.
-
NYC Hotel Licensing Law's Costs May Outweigh Its Benefits
A hotel licensing bill recently approved by New York's City Council could lead to the loss of many nonunionized hotels that cannot afford to comply, says Stuart Saft at Holland & Knight.
-
Calif. Ruling Offers Hope For Mitigated Negative Declarations
In Upland Community First v. City of Upland, a California appeals court upheld a warehouse development's mitigated negative declaration over its greenhouse gas emissions thresholds — a rare victory against this type of challenge providing reassurance that such declarations can be upheld, say attorneys at Sheppard Mullin.
-
There's No Crying In Property Valuation Baseball Arbitration
The World Series is the perfect time to consider how the form of arbitration used for settling MLB salary disputes — in which each side offers competing valuations to an arbitrator, who must select one — is often ideal for resolving property valuation disputes, say Sean O’Donnell at Herrick Feinstein and Mark Dunec at FTI Consulting.
-
Webuild Ruling Complicates Arb. Award Enforcement In US
A Delaware federal court's recent decision in Sociedad Concesionaria Metropolitana de Salud v. Webuild, if read literally, could undercut the United States' image as a proarbitration jurisdiction by complicating creditors' efforts to enforce awards against property in this country, says Jeff Newton at Omni Bridgeway.
-
How To Avoid A Costly CPA Limitation Hidden In Most Leases
The lease audit rights clause is a seemingly innocuous provision in most commercial real estate leases that ends up costing tenants millions of dollars each year, as they have unwittingly agreed to retain only an accountant to investigate and settle financial issues, says Jason Aster at KBA Lease Services.
-
Navigating FEMA Grant Program For Slope Fixes After Storms
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
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
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
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
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
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.