Commercial

  • June 12, 2026

    Detroit Tried To Seize Project, Developer Says In Suit

    A development company that sought to revive a 38-acre Detroit hospital campus and transform it into a $148 million commerce and innovation hub has filed a complaint in Michigan bankruptcy court claiming the city of Detroit and the Detroit Land Bank Authority are unlawfully obstructing the project and trying to reclaim the parcel for political reasons.

  • June 12, 2026

    NJ Judge Orders RealPage Parties To Renew Discovery Talks

    A New Jersey federal magistrate judge on Friday adjourned an initial scheduling conference in the state's rent price‑fixing lawsuit against RealPage Inc. and a dozen multifamily landlords, warning the parties that they must show a good-faith effort to narrow their differences.

  • June 12, 2026

    Data Center Tax Fight Spurs Va. House Study Proposal

    Trying to move forward Virginia's budget, which has been snarled for weeks amid an intraparty fight over continuing tax breaks for data centers, state House Democrats proposed what they called a compromise plan Friday that would create a commission to study the centers.

  • June 12, 2026

    US Trustee Seeks Fee Cut For Weil In NYC Landlord Ch. 11

    The U.S. Trustee's Office is asking a New York bankruptcy judge to give Weil Gotshal & Manges LLP a 20% haircut on its fees for the Chapter 11 of a Manhattan landlord, saying the firm tried to lump together too many tasks in its billing entries.

  • June 12, 2026

    Miami Lakes Boutique Credits Client Approach For Success

    The boutique Gastesi Lopez Mestre & Cobiella PLLC in Miami Lakes, Florida, has more than doubled its attorney headcount since launching in 2019 and recently moved into a much larger office.

  • June 12, 2026

    Braemar To Cut Ashford Ties In Shift To Self-Managed REIT

    Luxury hotel owner Braemar Hotels & Resorts said Friday that it will become internally managed by canceling an advisory agreement with another company that shareholders have argued was the source of self-dealing by Braemar's board chairman, who resigned in the shake-up.

  • June 12, 2026

    Families Appeal Loss Against Lockheed Martin To 11th Circ.

    Three families who accused Lockheed Martin of causing their children's birth defects told a Florida federal court Thursday that they are appealing a May jury verdict in favor of the defense giant to the Eleventh Circuit.

  • June 11, 2026

    SEC Says PE Fund Hiding Info In Sealed Monitor Reports

    The U.S. Securities and Exchange Commission asked a Florida federal court on Wednesday to unseal reports by a court-appointed monitor of a private equity firm accused of defrauding investors in a $1 billion fund, arguing that the firm is abusing a sealing order to hide information from investors.

  • June 11, 2026

    Womble Bond Adds Ariz. Real Estate Partner

    Womble Bond Dickinson has hired a former Procopio Cory Hargreaves & Savitch LLP partner as a transactional real estate partner for its Phoenix office, the firm announced.

  • June 11, 2026

    KKR, Partners Back Helix AI Infrastructure Venture With $10B

    Private equity firm KKR, the Kuwait Investment Authority and Texas-based power generation company Vistra said Thursday they've launched a $10 billion company to deliver infrastructure needed for hyperscalers to meet demand for artificial intelligence technology.

  • June 11, 2026

    Panel Tosses NJ Mall's 3rd Bid To Force Parking Garage Build

    A New Jersey appeals court has dismissed a shopping center owner's third attempt to force construction of a parking garage imagined in a 2004 plan instead of a nine-story, mixed-use building developers pitched after Newark adopted policies against new parking lots in the area.

  • June 11, 2026

    Schwartz Sladkus Adds Ex-Moritt Hock Commercial Litigator

    A Moritt Hock & Hamroff LLP attorney with three decades of commercial and real estate litigation experience has moved his practice to Schwartz Sladkus Reich Greenberg Atlas LLP in Boca Raton, Florida, the firm said Thursday.

  • June 11, 2026

    MoFo Guides $190M Mortgage Loans Consolidation, Split Deal

    Manhattan office landlord SL Green Realty Corp. has reached an agreement with United Overseas Bank to consolidate and sever more than $190 million worth of mortgages that are connected to a New York City property in a mortgage deal guided by Morrison Foerster LLP, according to records filed on Thursday with the NYC Department of Finance.

  • June 11, 2026

    3 Firms Guide AI Power Provider ZincFive's $752M SPAC Deal

    ZincFive, a company providing nickel-zinc batteries for data center and artificial intelligence markets, said Thursday it will go public using a special purpose acquisition company merger valuing the enterprise at $752 million, advised by Cooley LLP, Wilson Sonsini Goodrich & Rosati PC and Latham & Watkins LLP.

  • June 10, 2026

    Calif., Santa Clara County Sue To Halt Proposed ICE Facility

    Santa Clara County and the state of California sued the Trump administration in federal court Wednesday to stop it from building and operating an 18,700-square-foot short-term ICE detention holding facility on remote property that's been restricted to agricultural-related use for generations and is home to threatened and endangered species.

  • June 10, 2026

    Calif. Man Accused Of Faking Title Policies In $100M Fraud

    A California man was arrested Wednesday and accused of defrauding a bank of nearly $100 million by manipulating title policies to falsely indicate who held the first-lien position on certain loans and to make collateral pledged to the bank appear more valuable than it actually was.

  • June 10, 2026

    Abbott Wants Ratepayer Protections From Data Center Costs

    Texas Gov. Greg Abbott told the Public Utility Commission of Texas and the Electric Reliability Council of Texas on Wednesday to do what they can to shield the state's ratepayers from the costs of data center expansion projects.

  • June 10, 2026

    Fla. Panel Says Policy Breach Verdict Didn't Bar Bad Faith Suit

    A Florida appellate panel on Wednesday revived a restaurant owner's claims that its insurer acted in bad faith in not resolving a claim over losses from a roof collapse before the contract dispute went to trial, finding the extra-contractual damages the company sought had not yet been litigated.

  • June 10, 2026

    SpaceX Rocket Base Ruining Wildlife Habitat, Green Groups Say

    Environmental advocacy organizations told a D.C. federal district court Wednesday that Space Exploration Technologies Corp.'s use of formerly protected land near the Texas coast would endanger vulnerable wildlife, saying SpaceX's occasional rocket explosions spew debris directly into protected habitat.

  • June 10, 2026

    NY Bar Assoc. Building Gets OK For July Ch. 11 Confirmation

    The 2-year-old bankruptcy case of the historic former New York County Lawyers Association Building in lower Manhattan can move toward a July 7 final confirmation hearing, a federal bankruptcy judge has ruled.

  • June 10, 2026

    Snell & Wilmer Adds Ex-Banker To Seattle Finance Team

    A former commercial banker has joined Snell & Wilmer LLP as a partner in the firm's commercial finance practice group, where she will focus on real estate-secured financing and loan workouts.

  • June 10, 2026

    Florida Appeals Court Revives Asset Probe Of Law Firm

    A Florida appeals court said Wednesday that real estate investment firm Sasha Investments LLC should not have been blocked from seeking discovery from a law firm to collect on a $2.1 million default judgment.

  • June 10, 2026

    Law Firms Fuel Demand For Prime Office Space, Report Says

    Law firm office leasing has started 2026 strong, with firms expanding their footprints and accelerating investments in artificial intelligence as other industries continue to reassess their workplace needs, according to a new report from commercial real estate brokerage Cushman & Wakefield.

  • June 10, 2026

    Perkins Coie Atty Talks Tax Law 'Tension' In Data Center REITs

    A real estate investment trust can be an attractive business model for data centers, but complying with federal REIT rules is tricky for properties with digital infrastructure, given their unique needs, according to a Perkins Coie LLP partner.

  • June 10, 2026

    Gibson Dunn Leads Data Center Power Provider's $600M IPO

    Houston, Texas-based ERock, which supplies natural gas power systems to data centers, began trading Wednesday after raising $600 million at the midpoint of its range with Gibson Dunn & Crutcher LLP and Davis Polk & Wardwell LLP advising.

Expert Analysis

  • 2 NY Cases May Clarify Foreclosure Law Retroactivity

    Author Photo

    Two pending cases may soon provide the long-awaited resolution to the question of whether retroactive application of the New York Foreclosure Abuse Prevention Act violates the state Constitution, providing a guide for New York courts inundated with motions in foreclosure and quiet title actions, says Fernando Rivera Maissonet at Hinshaw & Culbertson.

  • A Look At Florida's New Protected Series LLC Legislation

    Author Photo

    A new law in Florida enhances the flexibility of using limited liability companies as the entities of choice for most privately held businesses, moving Florida into a small group of states with reliable uniform protected series legislation for series LLCs, says Louis Conti at Holland & Knight.

  • How Trump's Trade Policies Are Shaping Foreign Investment

    Author Photo

    Five months into the Trump administration, investors are beginning to see the concrete effects of the president’s America First Investment Policy as it presents new opportunities for clearing transactions more quickly, while sustaining risk aversion related to Chinese trade and potentially creating different political risks, say attorneys at Covington.

  • Bill Leaves Renewable Cos. In Dark On Farmland Reporting

    Author Photo

    A U.S. Senate bill to update disclosure requirements for foreign control of U.S. farmland does not provide much-needed guidance on how to report renewable energy development on agricultural property, leaving significant compliance risks for project developers, say attorneys at Hodgson Russ.

  • Observations On 5 Years Of Non-Notified CFIUS Inquiries

    Author Photo

    Since 2020, the Committee on Foreign Investment in the United States has identified and investigated covered cross-border transactions not formally notified to CFIUS, and a look at data from 50 non-notified matters during that time reveals the general dynamics of this enforcement function, say attorneys at Cooley.

  • How States Are Taking The Lead On Data Center Regulation

    Author Photo

    While support for data center growth is a declared priority for the current administration, federal data center policy has been slow to develop — so states continue to lead in attracting and regulating data center growth, say attorneys at Steptoe.

  • Texas Bill Could Still Boost Property Rights In Gov't Disputes

    Author Photo

    The passage of a bill in Texas that would provide litigants with access to a greater swath of judicial remedies in immunity disputes with government entities and officials would be an invaluable boon for property rights, says Nathan Vrazel at Munsch Hardt.

  • Indemnity Lessons From Mass. Construction Defect Ruling

    Author Photo

    The Massachusetts high court's decision in Trustees of Boston University v. CHA, holding that a bespoke contractual indemnity provision means that a construction defect claim is not subject to Massachusetts' statute of repose, should spur design and construction professionals to negotiate limited provisions, says Christopher Sweeney at Conn Kavanaugh.

  • 4 Strategies For De-Escalating Hospitality Industry Disputes

    Author Photo

    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.

  • SEC Signals Opening For Private Fund Investment Reform

    Author Photo

    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.

  • Unicoin Case Reveals SEC's Evolving Enforcement Posture

    Author Photo

    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.

  • Opportunity Zone Revamp Could Improve The Program

    Author Photo

    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.

  • Review Risk Is Increasing For Foreign Real Estate Developers

    Author Photo

    Federal and state government efforts have been expanding oversight of foreign investment in U.S. real estate, necessitating careful assessment of risk and of the benefits of notifying the Committee on Foreign Investment in the United States, say attorneys at Troutman.