More Real Estate Coverage
-
January 17, 2025
Property Owner Says Nationwide Lowballed On $3.8M Losses
A Georgia property owner accused its insurer, a Nationwide unit, of "grossly underestimating" damages from separate hail and water events, alleging it was offered a combined total of less than $8,000 for losses exceeding $3.8 million, in a case removed to Georgia federal court.
-
January 16, 2025
6th Circ. Won't Revisit Mercedes Fire Coverage Row
The Sixth Circuit declined Thursday to revisit a decision finding the research group for Mercedes-Benz North America could be liable for over $1 million in property damage following a fire its employees set inadvertently at a Michigan property it rented.
-
January 15, 2025
What Real Estate Attys Should Expect From New SEC
Real estate lawyers should anticipate a meaningful shift in policy from the U.S. Securities and Exchange Commission under President-elect Donald Trump's leadership, including a reduced focus on climate risk disclosures, according to speakers at a Practicing Law Institute panel.
-
January 14, 2025
8th Circ. Backs Real Estate Agents' Win In Copyright Case
The Eighth Circuit on Tuesday backed a lower court ruling that let real estate agents off the hook on claims they infringed a home designer's copyrights, agreeing that the inclusion of floor plans in listings of homes he designed were fair use.
-
January 14, 2025
H&E Rentals' Stock Doubles On $4.8B United Rentals Deal
United Rentals Inc. has agreed to purchase fellow equipment rental company H&E Rentals for about $4.8 billion, including approximately $1.4 billion of debt, the companies said Tuesday, with the news leading to a more than 100% increase in H&E's stock price.
-
January 13, 2025
Cost, Safety Priorities For Vedder Price Atty On Miami Board
The collapse of the Champlain Towers in 2021 spurred fundamental changes in Florida's condominium laws. It also spurred Vedder Price PC shareholder Javier A. Lopez to join the Miami Planning, Zoning and Appeals Board, of which he recently became the newest member in hopes of affecting positive changes to the city's development, particularly with safety and affordability.
-
January 13, 2025
Judge Says California Tribe Can't Block Casino Land Decision
A California tribe can't block the Interior Department from taking 65 acres into trust for a fellow state tribe's proposed casino project, a federal district judge said, arguing that it has not satisfied the burden to prove an immediate threat of irreparable harm.
-
January 13, 2025
NJ Groups Sue To Revoke Offshore Wind Farm Approvals
A group of environmental and business organizations are alleging in New Jersey federal court that federal approvals awarded to a Shell-backed developer's offshore wind projects violate a number of environmental statutes, and they are looking to halt the construction of two offshore wind facilities located just under nine miles off the Garden State coast.
-
January 13, 2025
Ore. Tax Court Says No Depreciation On Residences
The owners of a pair of Oregon residences were denied depreciation deductions against their state income taxes because they did not demonstrate that the homes were income-producing properties, the state tax court said.
-
January 13, 2025
Ore. Court OKs Farm Tax Break For Landfill, Corn Maze
Portions of property in a farming operation used for a corn maze and for a landfill that was part of a remediation effort are eligible for a special agricultural property tax assessment, the Oregon Tax Court ruled.
-
January 13, 2025
Ind. Bill Would Restrict Property Tax Referendum Placement
Indiana would limit when school corporations may place referendums authorizing certain property tax levies on a ballot to general elections, under a bill introduced Monday in the state House of Representatives.
-
January 13, 2025
Supreme Court Won't Hear Broker's Fee Bid In Copyright Case
The U.S. Supreme Court declined Monday to hear a Florida real estate broker's bid for attorney fees incurred defending himself from a copyright infringement suit by an aerial photography company, leaving in place a ruling saying he was not a prevailing party once the case was voluntarily dismissed.
-
January 13, 2025
Justices Reject Utah's Effort To Wrest Land From Feds
The U.S. Supreme Court on Monday rejected Utah's claims that the federal government is stifling economic activity in the state by unconstitutionally hoarding and profiting from public lands.
-
January 13, 2025
Justices Won't Hear Farm's Bid To Retake Denver Airport Land
The U.S. Supreme Court on Monday declined to hear a Colorado farm company's petition arguing Denver can't hold onto land originally seized for the Denver International Airport now that the city plans to build a private commercial complex on the property.
-
January 10, 2025
DeSantis Vows More Money, Control Over Everglades Projects
Florida Republican Gov. Ron DeSantis pledged to recommend $805 million of the state budget for continuing efforts in Everglades restoration and promised to take more control over water management, saying he hopes to work with the incoming Trump administration to expedite projects in order to reduce time and taxpayer expense.
-
January 10, 2025
Webuild Says $54M Argentina Award Must Be Enforced
Webuild wants a D.C. federal court to enforce a more than $54 million arbitral award it won more than a decade ago in a dispute with Argentina over a water and sewage service concession, saying the court has already rejected the country's one available defense.
-
January 09, 2025
Zillow Brings 'Goldman' Debate Over Class Cert. To 9th Circ.
Zillow Group Inc. is asking the Ninth Circuit to issue its first ruling on the correct application of a U.S. Supreme Court's Goldman decision to investor class certification bids, saying a lower court was wrong to certify a class of shareholders who alleged that the company misled them about the robustness of its now defunct home-flipping business.
-
January 09, 2025
Wash. Justices Won't Review $160M Seattle Property Tax Win
Seattle can keep $160 million in property taxes for waterfront improvements, after Washington's Supreme Court declined to review a lower appellate court's ruling rejecting property owners' bid to recalculate the tax to reflect the hit property values had taken from COVID-19.
-
January 09, 2025
Airlines Say 9th Circ. Should Mull Seattle Airport Pollution Suit
Delta Air Lines and Alaska Airlines have told a Washington federal court that the Ninth Circuit should immediately consider the jurisdictional and preemption issues raised in a proposed class action from property owners and residents over alleged flight-path pollution near Seattle-Tacoma International Airport.
-
January 09, 2025
Md. House Bill Seeks Special Tax On Commercial Property
Maryland would authorize local governments to establish a subclass of commercial and industrial property and impose a special tax on such property to fund transportation improvements and local education budgets as part of a bill introduced in the state House of Delegates.
-
January 09, 2025
Ind. Senate Bill Would End Annual Assessment Adjustments
Indiana would eliminate annual adjustments to the assessed value of some real property to reflect changing values under legislation introduced in the state Senate.
-
January 09, 2025
Indiana House Bill Would Abolish Property Taxes
Indiana would disallow the assessment of tangible property beginning in 2026 and end the imposition of property taxes beginning in 2027 under a bill introduced Thursday in the state House of Representatives.
-
January 09, 2025
Parker Hudson Expands In Atlanta With Real Estate Atty
Parker Hudson Rainer & Dobbs LLP has brought on a former Hartman Simons & Wood LLP partner in Atlanta, strengthening its national real estate practice with an attorney who's guided Home Depot on retail and warehousing real estate matters, the firm announced Thursday.
-
January 09, 2025
Ariz. Bill Seeks Tax Credits For Land Taken For Border Wall
Arizona property owners would be entitled to income tax credits equal to the fair market value of land that is used by the federal government for construction of a border wall under a bill prefiled in the state House of Representatives.
-
January 08, 2025
DOI's Arctic Refuge Oil Lease Sale Yields No Bidders
The U.S. Department of the Interior reported Wednesday that it has received no bids from companies to drill for oil and gas in Alaska's Arctic National Wildlife Refuge.
Expert Analysis
-
How Justices' EPA Ruling Thwarts The Will Of The People
By reversing a long-standing presumption in favor of executive branch interpretations of ambiguous statutes, the U.S. Supreme Court's recent ruling limiting the U.S. Environmental Protection Agency's powers to fight climate change blocks the will of the popular majority that elects the president, exacerbating our political system's dysfunction, says Jonathan Martel at Arnold & Porter.
-
High Court's New EPA Ruling And Its Long-Term Implications
The U.S. Supreme Court's decision in West Virginia v. U.S. Environmental Protection Agency will change the legal landscape in a number of ways — including constraining future climate regulations that may be advanced by the Biden administration and states, while providing litigants a powerful new administrative law precedent to challenge all kinds of agency rules, say attorneys at Beveridge & Diamond.
-
Capturing Carbon In California: Opportunities And Challenges
California is well situated to play a leading role in carbon capture and sequestration, but there remain barriers to widespread CCS deployment — including policy and regulatory hurdles, and the concerns of potentially affected communities, say Brian Israel and Samuel Pickerill at Arnold & Porter.
-
EPA Ruling Signals Arrival Of 'Major Questions Doctrine'
While the specific subject of the U.S. Supreme Court's decision in West Virginia v. U.S. Environmental Protection Agency was how the EPA may regulate greenhouse gas emissions under the Clean Air Act, the ruling's lasting legacy will be the elevation of the so-called major questions doctrine, which could constrain federal regulatory authority in many areas, says Allison Wood at McGuireWoods.
-
New P3 Authority Means Opportunities For Colo. Agencies
A recently passed Colorado law expanding public-private partnerships changes state-level project finance and infrastructure dramatically, allowing virtually all state agencies to avail themselves of P3 benefits including cost and schedule savings, sharing of risk, and access to innovation and private sector efficiency, say Gregory Johnson and Peter Gould at Squire Patton.
-
Texas Infrastructure Act And Renewables Projects: 1 Year In
A year into implementation of Texas' Lone Star Infrastructure Protection Act, Jennifer Pier at Husch Blackwell discusses how renewable energy project developers, owners and investors planning projects in Texas can incorporate LIPA-related provisions into transaction and financing documents.
-
How Cos. Can Track Infrastructure Act Projects — And Funds
As federal funds from the Infrastructure Investment and Jobs Act begin to flow to thousands of infrastructure projects across the nation, savvy contractors can determine which types of funded projects are likely to offer the best opportunities, and then follow the flow of federal money into those projects, says Nena Lenz at Fredrikson & Byron.
-
Cos. Should Comment Now On New Offshore Wind Areas
The Bureau of Ocean Energy Management's recent calls for information regarding potential wind energy areas along the Central Atlantic and Oregon coasts give developers an important opportunity to participate in creating a defensible environmental review process that will enable project development, says Andrew Glenn at Husch Blackwell.
-
How FERC Proposal Will Guide Clean Grid Development
The Federal Energy Regulatory Commission's major new proposal on regional electric transmission planning and cost allocation appears likely to substantially reshape how the transmission system is built out to accommodate the clean energy future, say attorneys at Day Pitney.
-
What To Expect From Biden Admin.'s NEPA Updates
The Council on Environmental Quality's recent National Environmental Policy Act updates will be critically important to federal agencies seeking to implement the Biden administration's renewable energy policies, but their practical impact may be limited, say attorneys at K&L Gates.
-
Adapting To New Hybrid Energy Project Contracts
As growing complexity and risk make contractors reluctant to sign lump-sum turnkey engineering, procurement and construction contracts for big energy projects, parties must give careful thought to how new procurement structures can encourage timely and efficient execution of the work, say Daniel Garton and David Strickland at White & Case.
-
What FERC Flip-Flop Says About Politics And Energy Projects
The Federal Energy Regulatory Commission's about-face on its policies for considering the environmental impacts of natural gas infrastructure shows that the agency is not immune to political pressure — so energy sector investors should stay mindful of broader politics when planning projects, say Martha Kammoun and Rachael Marsh at Bracewell.
-
Gov't On Solid Ground In Moving Against Offshore Wind Suit
The federal government's motion to dismiss Save Long Beach Island v. U.S. Department of the Interior, a lawsuit in a D.C. federal court over the designation of portions of the New York Bight as offshore wind energy areas, is backed by strong precedent — and the government could assert additional viable grounds to dismiss the plaintiff's claims, says Stacey Bosshardt at Perkins Coie.