Commercial
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January 20, 2026
Profs Urge Justices To Affirm Cuban Property Seizure Ruling
Professors with expertise in sovereign immunity law have urged the U.S. Supreme Court to affirm a D.C. Circuit decision that a federal act letting U.S. victims of Cuban property seizures seek damages does not automatically void the immunity of state entities targeted in such cases.
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January 20, 2026
American Bridge Owes $57M In Seattle Convention Center Suit
American Bridge Co. has been hit with a $57 million judgment in Washington state court after a judge last month found the steel subcontractor on the hook for delays to a Seattle convention center project in a legal battle with a Clark Construction joint venture that served as the general contractor.
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January 20, 2026
Law360 Names Firms Of The Year
Eight law firms have earned spots as Law360's Firms of the Year, with 48 Practice Group of the Year awards among them, achieving milestones such as high-profile litigation wins at the U.S. Supreme Court and 11-figure merger deals.
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January 20, 2026
Morgan Stanley Buys Bay Area Manufacturing Campus For $110M
Morgan Stanley has paid $110 million to acquire a 290,000-square-foot advanced manufacturing campus in the San Francisco Bay Area, the Wall Street giant announced Tuesday.
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January 20, 2026
Moritt Hock Guides $102M Va. Shopping Center Buy
An affiliate connected to retail-focused real estate investment firm Yale Realty Services Corp. bought a 408,851 square foot shopping center in Virginia Beach, Virginia, for $102 million in a deal guided by Moritt Hock & Hamroff, Yale Realty announced Tuesday.
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January 20, 2026
Hilco Closes $47M Recap Loan For Tenn. Mixed-Use Project
Hilco Global, a subsidiary of financial services company Orix, provided a $47.5 million recapitalization loan for a riverfront mixed-use project covering more than 100 acres in Chattanooga, Tennessee, the company announced Tuesday.
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January 20, 2026
Fla. Hotel Says Insurer Mishandled Hurricane Irma Claim
A Miami Beach hotel operator told a Florida federal court that it is entitled to recover damages and attorney fees associated with what it alleged was its insurer's failure to properly investigate, adjust and pay its claim for Hurricane Irma damage.
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January 20, 2026
Preservation Group Seeks Expert Visit Of WH Ballroom Site
The National Trust for Historic Preservation on Tuesday asked a D.C. federal judge to allow one of its architectural experts to inspect work underway at the former East Wing of the White House, a section demolished by the Trump administration in October to make way for a new ballroom.
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January 20, 2026
Crow Holdings Plans Data Center Campus In Dallas
Texas real estate firm Crow Holdings is partnering with developer CleanArc Data Centers to build a 245-megawatt data center campus in Central Dallas, with the goal of attracting hyperscaler and artificial intelligence tenants, according to a Tuesday announcement.
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January 20, 2026
Saks Hits Ch. 11, Appeal Of Boy Scouts Bankruptcy Plan Nixed
The parent of Saks Fifth Avenue filed for Chapter 11 in Texas with $3.4 billion in debt tied to its Neiman Marcus deal, the U.S. Supreme Court declined to hear an appeal in the Boy Scouts of America's bankruptcy case, and the European Commission approved hedge fund Elliott Investment's $5.89 billion bid for control of Citgo's parent. This is the week in bankruptcy.
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January 20, 2026
Pa. Bankruptcy Court Opens Door For Prospect Hospital Sale
A Pennsylvania bankruptcy judge agreed Tuesday to lift the litigation stay in the Chapter 9 case of the city of Chester to allow a last-minute deal to save a Prospect Medical-owned hospital facing permanent closure thanks to the bankruptcy of its parent company.
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January 20, 2026
Real Estate Attorneys Screwup Playbook
Real estate attorneys even at the highest echelons of the legal profession make mistakes, and how those mistakes are resolved can vary as much as how they arise.
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January 20, 2026
Alaska Says Imminent Harm Missing In Arctic Drilling Suit
The state of Alaska has told a federal judge that environmental groups sued too early over a move last year by President Donald Trump to revive the prospect of Arctic oil and gas leasing in offshore areas that prior administrations deemed off-limits.
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January 20, 2026
Heitman Clinches $2B Real Estate Fund
Real estate investment management firm Heitman LLC on Tuesday announced that it wrapped its largest closed-end fundraise to date after securing $2 billion of investor commitments.
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January 20, 2026
Supreme Court Turns Away Jewish Texts Expropriation Suit
The U.S. Supreme Court declined Tuesday to take up a petition challenging a D.C. Circuit ruling concluding that federal courts do not have jurisdiction over a Jewish group's decades-old allegations that Russia is illegally holding on to its long-lost sacred texts.
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January 16, 2026
Law360 Names Practice Groups Of The Year
Law360 would like to congratulate the winners of its Practice Groups of the Year awards for 2025, which honor the attorney teams behind litigation wins and significant transaction work that resonated throughout the legal industry this past year.
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January 16, 2026
Immigrant Visa Pause Could Test Limits Of Executive Power
The Trump administration's indefinite pause on immigrant visas for applicants from 75 countries may test the outer bounds of executive control over visa issuance and prompt court battles in a rarely litigated area of immigration law.
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January 16, 2026
Cannabis Cos. Say Mich. Township Blocked Retail Permits
Two Michigan cannabis companies allege in a new federal lawsuit Friday that a Michigan township prevented them from opening their doors after the locality's voters approved a ballot measure to ban pot stores.
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January 16, 2026
Minn. Tax Court Wrong To Cut Hilton Value, State Justices Told
The valuation of a Hilton hotel and convention center in Minneapolis was wrongly slashed by the state's tax court, including by $70 million in one year, a county told the Minnesota Supreme Court.
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January 16, 2026
Tampa REIT Pays $43M For Expanded Oklahoma Rehab Site
Tampa, Florida-based real estate investment trust Sila Realty Trust said Friday it has acquired a recently expanded inpatient rehabilitation facility in Oklahoma City, Oklahoma, for $43.1 million.
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January 16, 2026
New Real Estate Association President On Tariffs, Financing
President Donald Trump's tariffs have created myriad risk allocation questions for real estate parties and, by extension, their attorneys, the American College of Real Estate Lawyers' newest president told Law360 in a recent interview.
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January 16, 2026
9th Circ. Upholds County Fines For Illegal Short-Term Rentals
The Ninth Circuit on Friday refused to stop a Nevada county from enforcing ordinances that don't allow unlicensed short-term rentals to operate, ruling that the lower court rightfully sided against a local company by determining that the related county fines weren't unconstitutionally excessive.
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January 16, 2026
2 Firms Advise REIT's $386M SoHo Retail Buy
Empire State Realty Trust has purchased two office properties in SoHo, Manhattan, from children's publisher and media group Scholastic for $386 million.
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January 16, 2026
Paramount Signs 1st Lease At New Manhattan Studio
Realty Trust, Hudson Pacific Properties Inc. and Blackstone Real Estate announced that the joint venture partners behind a Manhattan studio still under construction have signed the property's first lease with Paramount Television Studios.
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January 16, 2026
ICG Sells Austrian HQ Back To Former Owner For $160M
Alternative asset manager ICG said Friday that it has sold the Austrian headquarters of manufacturer Innio Group back to the company for $160 million.
Rescheduling Won't Ease Headaches For Cannabis Landlords
Smoking pot may soon become less legally perilous under federal law, but the risks of owning a marijuana farm or dispensary appear likely to remain, attorneys and experts say.
Tracking The Data Center Bonanza Happening Around The US
Work is underway around the country on billion-dollar data center projects that kicked off in 2025, as developers aim to build capacity and infrastructure to meet booming demand for artificial intelligence technology.
A Blockbuster Year For Data Centers
Booming demand drove an explosive year for growth in the data center sector in 2025, with deals getting larger, more multifaceted and more complex for legal teams to pull off.
Expert Analysis
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What Changed For Healthcare Transaction Law In 2025
Though much of the legislation introduced last year to expand state scrutiny of healthcare transactions did not pass, investors should pay close attention to the overarching trends, which are likely to continue in this year's legislative sessions, say attorneys at Ropes & Gray.
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How Developers Can Harness New Texas Zoning Framework
A Texas law introducing a new zoning framework has the potential to unlock meaningful multifamily development opportunities, but developers and their project teams should follow four steps to help identify how affected cities are interpreting and implementing the new law, says Angela Hunt at Munsch Hardt.
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What To Know About NY's Drastic 3rd-Party Practice Changes
Last month, New York Gov. Kathy Hochul signed a law establishing new time limits for the commencement of third-party actions, which will have dramatic effects on insurance defense practice, particularly cases involving construction site accidents or claims of premises liability, says Shawn Schatzle at Lewis Brisbois.
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Expect A New Normal In Commercial Real Estate This Year
Even amid office vacancies and a wave of loan maturities, the commercial real estate market isn't as volatile as one might expect heading into 2026, but market stress is still uniquely intersecting with broader business challenges, creating new opportunities for corporate counsel and other practitioners beyond real estate, says Mark Bell at Stinson.
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For Data Centers, Both Hyperscale And Edge Are Key In 2026
Recent trends in development of data centers highlight the importance of proactive attention to the zoning, permitting, interconnection and contractual issues associated with both hyperscale and edge facilities, in order to position projects for responsible growth in 2026 and protect their long-term value amid rapid technological and regulatory change, say attorneys at Sidley.
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5 Lender Strategies When A Commercial Borrower Defaults
With an estimated $2 trillion in commercial real estate loans set to mature by 2027, now is an opportune time for lenders to review practices on both the front and back ends, and understand the full range of options available in the event of a default, says Keith Mundrick at Amundsen Davis.
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How Workforce, Tech Will Affect 2026 Construction Landscape
As the construction industry's center of gravity shifts from traditional commercial work to infrastructure, energy, industrial and data-hosting facilities, the effects of evolving technology and persistent labor shortages are reshaping real estate dealmaking, immigration policy debates and government contracting risk, say attorneys at Cozen O'Connor.
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Receivership Law May Streamline Real Estate Sales In Illinois
The Illinois Receivership Act, which goes into effect Jan. 1, provides much-needed clarity on the issue of receivers' sales of commercial real estate and will make the process easier for parties including receivers, special servicers and commercial real estate lenders, say attorneys at Troutman.
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How Choice Of Law Won The Day In NC Biz Court COVID Case
The North Carolina Business Court recently ruled for policyholders in Tanger Properties v. ACE American Insurance, a business interruption lawsuit arising from the pandemic-related closure of Tanger outlet centers, underscoring the significant role that choice of law plays in insurance coverage disputes, say attorneys at Hunton.
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The Hidden Pitfalls Of Letters Of Credit In Lease Negotiations
Amid a surge in commercial office leasing driven by artificial intelligence firms, it's crucial for landlords to be aware of the potential downside of accepting letters of credit — in particular, for amounts of security that are less than the statutory bankruptcy claim cap, say attorneys at Allen Matkins.
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California Vapor Intrusion Policy Should Focus On Site Risks
As California environmental regulators consider whether to change the attenuation factor used in screenings for vapor intrusion, the most prudent path forward is to keep the current value for screening purposes, while using site-specific, risk-based numbers for cleanup and closure targets, says Thierry Montoya at Frost Brown.
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What To Watch As NY LLC Transparency Act Is Stuck In Limbo
Just about a month before it's set to take effect, the status of the New York LLC Transparency Act remains murky because of a pending amendment and the lack of recent regulatory attention in New York, but business owners should at least prepare for the possibility of having to comply, says Jonathan Wilson at Buchalter.
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Power Market Reforms Push Data Center Lease Rates Higher
Rising demand, constrained supply and ongoing reforms, amid a rush for reliable, near-term computing capacity, are putting pressure on data center leasing renewal rates in large markets such as the Electric Reliability Council of Texas and PJM Interconnection Inc., say attorneys at Weil.