Commercial
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August 20, 2025
Error-Filled Pro Se Recusal Bid Draws Conn. Judge's Ire
A Connecticut federal judge will not docket a pro se recusal request in a U.S. Securities and Exchange Commission fraud action accusing a man of skimming nearly $1 million in investments designated for hotel repair work, saying in a minute order that the defendant otherwise has counsel and submitted a meritless, error-riddled bid.
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August 20, 2025
Rising Star: Dechert's Nitya Kumar Goyal
Dechert LLP's finance and real estate partner Nitya K. Goyal worked on major loan deals last year, such as representing Bank of America and Deutsche Bank in a $1.58 billion mortgage loan origination that used nine luxury hotels as collateral, earning her a spot among the real estate practitioners under age 40 honored by Law360 as Rising Stars.
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August 20, 2025
NY Town To Expedite Mosque Approvals In Land-Use Deal
The town of Oyster Bay, New York, has settled a mosque's claims that the town amended its parking laws in a targeted attempt to thwart redevelopment efforts, agreeing to oversee the quick approval of the mosque's application and to amend the underlying parking ordinance.
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August 20, 2025
Texas House Bill Seeks To Bar Property Taxes Starting In 2031
Texas would bar the imposition of property taxes starting in 2031, contingent on voter approval of an amendment to the state constitution, under a bill introduced in the state House of Representatives.
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August 19, 2025
Judge Bans Texas Atty He Says Is 'Incapable Of Honesty'
A federal judge has indefinitely suspended attorney J. Shelby Sharpe from practicing law in the Northern District of Texas after he helped supposedly erstwhile clients dodge judgments, saying the attorney is seemingly "incapable of honesty."
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August 19, 2025
CoStar Gets Support For 9th Circ. Antitrust Ruling Redo Bid
A group of antitrust scholars, former government officials and a center-left technology industry coalition asked the Ninth Circuit to allow them to file amicus briefs that back CoStar Group Inc.'s request for a rehearing of a Ninth Circuit ruling that revived rival Commercial Real Estate Exchange Inc.'s antitrust counterclaims.
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August 19, 2025
Data Center Co. Announces $25B Texas Campus Project
Vantage Data Centers has invested more than $25 billion into a 1.4-gigawatt megascale data center campus project in Texas, the company announced Tuesday.
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August 19, 2025
Wisconsin Mall, Tenant Drop All Claims In Rent Dispute
A mall and its tenant told a Georgia federal judge that they have jointly dismissed their claims over an unpaid rent dispute, ending their motions including the mall's bid to have Bradley Arant Boult Cummings LLP disqualified from representing the tenant due to an alleged conflict of interest.
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August 19, 2025
Law Firm Leasing On Pace To Surpass High-Performing 2024
U.S. law firms leased 5.9 million square feet in the first six months of 2025, the most active first half since 2018, according to a report released Tuesday by real estate services company Savills.
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August 19, 2025
Former Microsoft Counsel Joins Eversheds Real Estate Team
Eversheds Sutherland has grown its U.S. real estate practice group with the addition of a former senior corporate counsel at Microsoft, the firm said Tuesday.
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August 19, 2025
Parker Hudson Adds Real Estate Partner In Texas
Parker Hudson Rainer & Dobbs LLP has entered the Texas market with a real estate partner in Austin, Texas, who previously practiced with Smith Robertson Elliott & Douglas LLP, further strengthening the firm's national retail leasing practice.
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August 19, 2025
Seyfarth Adds CRE Loan Pro To NY Office
Seyfarth Shaw LLP added a commercial real estate finance pro to its real estate group from Bryan Cave Leighton Paisner LLP, two months after expanding its offices with a 22-person transactional team from Morris Manning & Martin LLP.
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August 19, 2025
Howard Hughes Spinoff Sells NYC Lot At Discount For $150M
A company that spun off last year from Howard Hughes Holdings has announced it agreed to sell a lot in New York City to real estate development firm Tavros for roughly $150 million, a discount from the price its former parent paid for the property, following years of legal wrangling over its development plans.
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August 19, 2025
MoFo-Led Industrial REIT Receives $1B PE Takeover Offer
Plymouth Industrial REIT Inc., advised by Morrison Foerster LLP, said Tuesday it is reviewing a roughly $1 billion takeover offer from Sixth Street Partners, a private equity firm that has invested in the real estate investment trust since at least last year.
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August 19, 2025
LaSalle Raises $700M For Multifamily, Industrial Debt Strategy
LaSalle Investment Management has secured $700 million for its "open-ended real estate debt strategy" focusing on providing senior floating-rate loans worth $25 million to $75 million for "multifamily and multitenant industrial properties" in the U.S., the company said.
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August 18, 2025
Catching Up With Delaware's Chancery Court
Executives and board members of Cencora Corp. tentatively settled a stockholder derivative suit for $111.25 million, VectoIQ board members reached a $6.3 million deal on stockholder claims over electric carmaker Nikola's prospects, and class attorneys who secured a $50 million derivative suit settlement saw their proposed 25% attorney fee cut by almost half. Here's the latest from the Delaware Chancery Court.
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August 18, 2025
NY Cannabis Regulators Sued Over Proximity Rule Change
New York cannabis dispensaries are suing state regulators claiming they have changed the minimum distance their businesses need to be from a school and ordered them to move or lose their licenses, threatening millions of dollars in investments and the "life savings" of many entrepreneurs.
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August 18, 2025
Insurer, Kennel Settle Coverage Dispute Over Nuisance Claims
A Hanover unit and a dog kennel have resolved a dispute over coverage for an underlying suit alleging that the kennel's expansion interfered with a Golden State community's rights of possession, according to a California federal court filing.
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August 18, 2025
Latham Hires DLA Piper Real Estate Lawyer In Chicago
Latham & Watkins LLP has hired a former DLA Piper real estate partner in Chicago who focuses his practice on helping clients develop data centers and other infrastructure for the digital technology industry, the firm announced Monday.
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August 18, 2025
HSF Kramer Guides $125M CUNY Manhattan Leasehold Buy
The City University of New York has bought a leasehold interest in several commercial condominium units at a student housing property in Midtown Manhattan in a more than $125 million deal guided by Herbert Smith Freehills Kramer LLP, according to official property records.
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August 18, 2025
Members Accuse NC Golf Club Of Pushing $20M Renovation
The board of governors at a private Charlotte golf club is trying to undercut its members by forcing a more than $20 million clubhouse renovation after they voted against it, according to a complaint designated Monday to the North Carolina Business Court.
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August 18, 2025
Progressive Must Cover $6M Title Insurer Judgment, Mall Says
Progressive must cover a more than $6 million judgment against a title insurance agency that Progressive insured, the owner of a New Jersey shopping center told a Pennsylvania state court, arguing that Progressive-appointed counsel rejected prior settlement opportunities in bad faith.
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August 18, 2025
5 Firms Guide Soho House $2.7B Take-Private Deal With MCR
Soho House & Co. Inc. announced Monday that it has inked a take-private deal with hotel operator MCR that values the company at $2.7 billion.
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August 18, 2025
McCarter & English Fights Family's Bid For $4.6M Set-Aside
Family members of a deceased Connecticut shopping mall developer are not entitled to a $4.6 million damages placeholder in an asset mismanagement lawsuit against McCarter & English LLP, the law firm and an attorney's estate are arguing in opposing the demand in state court.
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August 18, 2025
Texas Special Session To Include Cutting Property Taxes
Texas Republican Gov. Greg Abbott called for a special legislative session to address 19 orders of business, including reducing property tax burdens.
Expert Analysis
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Rethinking 'No Comment' For Clients Facing Public Crises
“No comment” is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.
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Corp. Transparency Act's Future Under Treasury's Bessent
The Corporate Transparency Act’s ultimate fate faced uncertain terms at the end of 2024, but new U.S. Department of the Treasury Secretary Scott Bessent's statements and actions so far demonstrate that he does not intend to ignore the law, though he may attempt to make modifications, say attorneys at Taylor English.
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Nippon Order Tests Gov't Control Over Foreign Investments
The U.S. government is primarily interested in restraining foreign transactions involving countries of concern, but former President Joe Biden’s January order blocking the merger of Nippon Steel and U.S. Steel shows that all foreign direct investments are under the federal government’s microscope, say attorneys at Blank Rome.
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A Look At A Possible Corporate Transparency Act Exemption
Attorneys at Kirkland offer a deep dive into the application of the Corporate Transparency Act's reporting requirements specifically to U.S.-domiciled co-issuers in typical collateralized loan obligation transactions, and consider whether such issuers may be able to assert an exemption from the CTA's reporting requirements.
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As EPA Backs Down, Expect Enviros To Step Up Citizen Suits
As President Donald Trump's U.S. Environmental Protection Agency draws down federal enforcement efforts, environmental groups will step into the void and file citizen suits — so companies should focus on compliance efforts, stay savvy about emerging analytical and monitoring methods, and maintain good relations with neighbors, say attorneys at Beveridge & Diamond.
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Emphasize Social Spaces During RE Project Public Review
As Boston continues to work through revisions to its public review process for real estate projects, developers attempting to balance impact mitigation and community improvements may benefit from emphasizing the ways in which development plans can facilitate open social exchange, says David Linhart at Goulston & Storrs.
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What Contractors Can Do To Address Material Cost Increases
In light of the Trump administration's plans to increase tariffs on Mexico, Canada and China, construction industry players should proactively employ legal strategies to mitigate the impacts that price increases and uncertainty may have on projects, says Brenda Radmacher at Seyfarth Shaw.
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Reg Waiver Eases Calif. Rebuilding, But Proceed With Care
California Gov. Gavin Newsom's executive order suspending some environmental review and permitting requirements for the reconstruction of homes and businesses damaged by recent wildfires may streamline rebuilding efforts, but will require careful navigation of the evolving regulatory landscape, says Gregory Berlin at Alston & Bird.
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Insurance Considerations For LA Wildfire Recovery
Businesses and homeowners affected by the destructive Southern California wildfires must act swiftly and strategically to navigate the complexities of the insurance recovery process, including by identifying all applicable policies, documenting damage thoroughly and keeping abreast of relevant state law, say attorneys at Morgan Lewis.
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LA Wildfires' Effect On Calif. Insurer Of Last Resort
Attorneys at Willkie discuss the background of California's insurer of last resort — known as the Fair Access to Insurance Requirements Plan — and examine the process of assessing member insurers and relevant recent property insurance market developments in light of the destruction from the ongoing Los Angeles wildfires.
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Public Corruption Enforcement In 2024 Has Clues For 2025
If 2024 activity is any indication, the U.S. Supreme Court will likely continue to rein in expansive prosecutorial theories of fraud in the year to come, but it’s harder to predict what the new administration will mean for public corruption prosecutions in 2025, says Cathy Fleming at Offit Kurman.
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Small Biz Caught In Corporate Transparency Act Crossfire
Despite compliance being put on hold due to a nationwide preliminary injunction, small businesses have been caught in the middle of the legal battle over the Corporate Transparency Act — and confusion over the law's requirements could result in major penalties, say attorneys at Snell & Wilmer.
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What's Ahead As Transparency Act Comes To A Crossroads
Synthesizing the contrasting federal district and appellate court rulings on the Corporate Transparency Act’s validity reveals several main areas of debate that will likely remain at issue as challenges to the law continue winding through the courts, say attorneys at Farella Braun.