Commercial

  • June 20, 2025

    2nd Circ. Backs Chubb's Win In $49M Sandy Coverage Fight

    The Second Circuit on Friday cemented a Chubb unit's win in a decade-long dispute over a chocolatier's bid for an additional $49 million in coverage for Superstorm Sandy losses, affirming a decision denying the chocolatier's requests to set aside a jury verdict or hold a new trial.

  • June 20, 2025

    JLL Lines Up $92M Loan For Mass. Robotics Campus

    JLL Capital Markets arranged a five-year, $92 million loan for a fully leased 393,911 square foot Wilmington, Massachusetts, campus that has research and development, robotics, semiconductor and e-commerce tenants, JLL announced.

  • June 20, 2025

    Paul Weiss-Advised QXO Bids $5B For Alston & Bird-Led GMS

    Connecticut-based QXO Inc. has proposed to acquire building materials distributor GMS Inc. in an all-cash deal valued at approximately $5 billion, with Paul Weiss Rifkind Wharton & Garrison LLP backing QXO on the unsolicited bid. 

  • June 20, 2025

    FERC Pauses Regulations To 'Speed Up' Natural Gas Projects

    The Federal Energy Regulatory Commission recently made moves including the enactment of a one-year waiver on a construction authorization policy in order to "speed up" natural gas infrastructure projects in the U.S., the agency has announced.

  • June 20, 2025

    Shumaker Brings Back Real Estate Ace In Tampa

    A real estate attorney who previously worked for Shumaker Loop & Kendrick LLP is returning to work in its Tampa, Florida, office as a real estate partner, the firm announced.

  • June 18, 2025

    Attorneys Say Look Before Leaping Back Into Senior Housing

    Attorneys advising on senior housing deals are seeing more interest from investors and developers, due to demographic trends and the post-pandemic recovery, but emphasize the unique legal considerations of a sector that straddles healthcare and real estate.

  • June 18, 2025

    How To Be A Savvy Legal Adviser When Building Data Centers

    All eyes are on force majeure and limitation of liability provisions in contracts for building data centers, but a few other legal considerations also bear great significance in the outcome of a successful project.

  • June 18, 2025

    Ore. Lawmakers Approve $800M Portland MLB Stadium Bill

    Oregon lawmakers have advanced a plan to attract a Major League Baseball team with $800 million in state spending on a new arena at a waterfront site in Portland, a development effort advised by attorneys from firms that include Sidley Austin LLP and Holland & Knight LLP.

  • June 18, 2025

    Pittsburgh, State Should Pay For Demolished Bridge, Co. Says

    A Pennsylvania property owner has accused Pittsburgh and the state's Department of Transportation of effectively taking its property by demolishing a railroad-highway bridge that provided access to a parking lot, an auto parts distribution center and other land, arguing the company is owed damages.

  • June 18, 2025

    Phillips Lytle Forms Land Use, Permitting, Zoning Group

    Phillips Lytle LLP has created a team of 11 attorneys who will focus on land use, obtaining permits and zoning matters, the firm announced Tuesday.

  • June 18, 2025

    MLB's Rays Discussing Sale To Fla. Real Estate Developer

    The Tampa Bay Rays confirmed on Wednesday the Major League Baseball franchise is in "exclusive discussions" to be sold to a group led by real estate developer Patrick O. Zalupski, three months after the team pulled out of an agreement to build a new stadium in St. Petersburg.

  • June 18, 2025

    NY Tribe Looks To Block Long Island Town Code Enforcement

    A Long Island tribe is asking a New York federal court to block the Town of Southampton from imposing its municipal codes on 84 acres of their lands, saying its officials are attempting to prevent them from using the site for economic gain.

  • June 18, 2025

    Mushroom Farm Faces $6M Tax Liens Tied To Fraud Case

    A defunct Pennsylvania mushroom farm failed to pay the outstanding balance in a payroll tax fraud case that sent its owner to jail last year and owes more than $6 million worth of tax liens, the U.S. Department of Justice told a federal court.

  • June 18, 2025

    Wash. Panel Sides With Insurer In Café Fire Damage Suit

    A couple's commercial property insurer has no duty to cover damage from a kitchen fire at their café, a Washington state appeals court affirmed, finding the couple lacked certain protective safeguards that were required as part of their fire suppression system.

  • June 18, 2025

    Dentons Global Hospitality Leader Sees Underwriting Caution

    As President Donald Trump's trade war continues, lenders are increasingly exercising caution in underwriting deals for hotels, particularly in areas that depend on a steady influx of international travel, Dentons' global hospitality leader told Law360 in a recent interview.

  • June 18, 2025

    Butler Snow Hires Real Estate Attorney Sharpe In Charleston

    Law firm Butler Snow LLP said it has hired real estate attorney Mark S. Sharpe to its Charleston, South Carolina, office.

  • June 18, 2025

    Calif. Eyes Urban Infill Housing, Sidestepping CEQA Overhaul

    California state lawmakers faced with an ongoing housing crisis have backed a measure to boost new urban projects, even while avoiding other confrontations over a long-cited obstacle to housing construction.

  • June 18, 2025

    Vornado's NYU Lease Drives Manhattan Office Leasing Spike

    Manhattan office leasing activity spiked in May, driven partially by a large Vornado lease with New York University that brought year-to-date activity 37% higher than the same period in 2024, according to a report from CBRE.

  • June 17, 2025

    SilverRock's $60M Ch. 11 Stalking Horse Bid Gets Green Light

    Acknowledging property owner and creditor valuation objections and unsettled claims, a Delaware bankruptcy judge on Tuesday approved a $60 million stalking horse offer intended to jumpstart bidding for a 134-acre tract southeast of Los Angeles that was once part of a resort development plan.

  • June 17, 2025

    Cannabis REIT Reckless To Claim Due Diligence, 3rd Circ. Told

    Investors in a cannabis-focused real estate investment trust urged the Third Circuit on Tuesday to revive their proposed class action alleging it violated securities laws by ignoring information about a tenant, saying it was reckless to have claimed it conducted due diligence when it knew it did not.

  • June 17, 2025

    Pa. Landlord Says Kohl's Can't Skirt Lease, Shield Profits

    The owner of a Pottstown, Pennsylvania, mall has accused Kohl's of attempting to unilaterally terminate its lease and duck payment obligations while liquidating merchandise to which the landlord was entitled, according to a lawsuit filed in federal court.

  • June 17, 2025

    Florida Lawmakers Approve Ending Business Rent Tax

    Florida would eliminate its business rent tax and require a study on whether the state could eliminate or reduce residential property taxes under budget-related legislation the state Legislature approved.

  • June 17, 2025

    Tax Court Slashes Conservation Easement Value By $11M

    The U.S. Tax Court on Tuesday lopped off nearly $11 million of the claimed value of a property donated as a conservation easement, saying the land's best use case would be for low-density residential housing, timber and recreation, not a vacation resort.

  • June 17, 2025

    Insurer Can't Force Another To Cover Worker Injury Suit

    An insurer cannot force another to defend a property owner in an underlying worker injury lawsuit through the doctrine of equitable estoppel after both insurers ultimately agreed the policy in question isn't triggered, a New York federal court ruled, finding the policy unambiguous.

  • June 17, 2025

    Kayne Anderson Closes $1.7B Opportunistic RE Debt Fund

    A Kayne Anderson opportunistic real estate debt fund closed with $1.69 billion raised, surpassing its $1.5 billion fundraising goal, the alternative investment firm's real estate division announced Tuesday.

Expert Analysis

  • LA Wildfires' Effect On Calif. Insurer Of Last Resort

    Author Photo

    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.

  • Public Corruption Enforcement In 2024 Has Clues For 2025

    Author Photo

    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.

  • Small Biz Caught In Corporate Transparency Act Crossfire

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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

    Author Photo

    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.