Commercial
-
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.
-
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.
-
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.
-
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.
-
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."
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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
-
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.
-
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.
-
Timeline Considerations For Boston's New RE Review Process
Boston's newly reimagined large real estate project review process, featuring early community engagement, holds impacts for project timelines that land use counsel must account for when guiding developers through approvals, says David Linhart at Goulston & Storrs.
-
The Story Of 2024's Biggest Bank Regs, And Their Fate In 2025
U.S. federal bank regulators were very active in 2024 with initiatives ranging from antitrust and capital to proposals regarding controlling shareholders and incentive-based compensation, but many regulations face an uncertain future under the new administration, say attorneys at Latham.
-
2024 IPO Market Trends, And What To Expect Next Year
The initial public offering market returned to historically typical levels on a deal count basis in 2024 but continued to lag based on proceeds raised due to a larger number of smaller IPOs this year, and signs point to continued ongoing momentum in the next year, say attorneys at Paul Hastings.
-
Adapting Force Majeure To A Predictably Unpredictable World
As the climate and political landscapes get more complicated, force majeure provisions will likely be triggered increasingly often, demanding an evolving understanding of when events and their impacts are truly unforeseeable, say attorneys at Nossaman.
-
Impact Of Corporate Transparency Act Ambiguity On Banks
Even though banks generally needn't file beneficial ownership information reports, financial institutions must continue to monitor the status of the Corporate Transparency Act and understand its requirements in case the nationwide injunction that was issued against the CTA earlier this month is overturned, say attorneys at Armstrong Teasdale.
-
Green Projects Face States' Foreign Land Ownership Limits
As states impose restrictions and disclosure requirements around foreign investment in agricultural land — in some cases piggybacking on existing federal rules — renewable energy developers and investors must pay close attention to how the rules vary, says Daniel Fanning at Husch Blackwell.
-
How Landlords Can Navigate Cannabis-Related Leases
As the cannabis industry continues to rapidly grow, landlords should consider a variety of lease terms and operational details that may help mitigate uncertainty involving federal laws, zoning restrictions and tax implications, says Kyla Baker at Holland & Knight.
-
Lights, Camera, Real Estate: Preparing For Film Facility M&A
As the entertainment industry struggles to recover from multiple strikes and a decline in production, certain aspects of selling or acquiring production facilities may become important to consider, as these assets are valued very differently from typical commercial real estate properties, say attorneys at Olshan Frome.
-
Corporate Liability Issues To Watch In High Court TM Case
The U.S. Supreme Court will hear arguments in a trademark dispute between Dewberry Group and Dewberry Engineers next week, presenting an opportunity for the court to drastically alter the fundamental approach to piercing the corporate veil, or adopt a more limited approach and preserve existing norms, say attorneys at Bracewell.
-
Plugging Gov't Leaks Is Challenging, But Not A Pipe Dream
As shown by ongoing legal battles involving New York City Mayor Eric Adams and Sean “Diddy” Combs, it’s challenging for defendants to obtain relief when they believe the government leaked sensitive information to the media, but defense counsel can take certain steps to mitigate the harm, says Kenneth Notter at MoloLamken.
-
A Legal Perspective On NYC's Retail Real Estate Evolution
As New York City's retail market begins to show signs of resilience after the challenges of recent years, landlords must be cognizant of legal implications from shifting trends toward shorter-term leases and pop-up stores, says Andrea Gendel at Pryor Cashman.