More Real Estate Coverage
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October 30, 2024
Ariz. Tribe Will Get Back 3,200 Acres In US Land Exchange
The Yavapai-Apache Nation will receive 3,200 acres of its ancestral homelands in exchange for six parcels of land located within four national forests in Arizona as part of an agreement with the U.S. National Forest Service and Department of Agriculture that has been decades in the making.
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October 30, 2024
Polsinelli Continues Philly Growth With 2nd Oct. Hire
Polsinelli PC grew its recently opened Philadelphia office with the addition of a real estate attorney who returns to private practice after providing in-house counsel for a commercial real estate subsidiary of Blackstone.
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October 29, 2024
NJ Recycler, Insurer Settle Suit Over Millions In Fire Damage
A New Jersey recycling center has agreed to drop its suit over its insurer's alleged refusal to cover millions in losses stemming from an April 2023 fire at its facility, according to court documents.
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October 29, 2024
Bannon Released From Prison As Election, NY Trial Loom
Former President Donald Trump ally Steve Bannon was released from federal prison Tuesday after serving a four-month sentence for contempt of Congress, a week before Election Day and a month and a half ahead of his next criminal trial in New York.
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October 29, 2024
Infrastructure Firm Raises $780M With CBRE's Help
Accelerate Infrastructure, represented by Katten Muchin Rosenman LLP, raised $780 million in total capital including backing from CBRE Investment Management, the real estate infrastructure firm announced Tuesday.
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October 28, 2024
Creditors Get Ponzi Finding In Wash. Bankruptcy Trial
A Washington state bankruptcy judge has found that real estate investment firm iCap Enterprises Inc. had operated as a Ponzi scheme, opening up the door for creditors to bring lawsuits and deduct some part of the losses from their taxes, attorneys for the official committee of iCap's unsecured creditors said Monday.
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October 25, 2024
Polsinelli Real Estate Shareholder Joins Kilpatrick In SF
Kilpatrick Townsend & Stockton LLP announced on Thursday the hiring of a former principal and shareholder at Polsinelli as a counsel in its San Francisco office.
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October 25, 2024
Brother Of 'Office' Star Can't Use Mass. Property For Events
The older brother of "The Office" actor-director John Krasinski has been slapped with an injunction blocking him from hosting public events on a 10-acre campus he owns in Massachusetts that local officials say violates fire safety, health and building codes.
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October 25, 2024
Ore. Church Rightly Denied Property Tax Break, Court Says
An Oregon religious organization was correctly denied a property tax exemption after its lease to another tax-exempt organization ended and it failed to reapply for the break before a statutory deadline, the state's tax court ruled.
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October 24, 2024
La. Biz Development Office Extends Industrial Tax Break Regs
An emergency rule in Louisiana extended the effectiveness of regulations implementing a recently issued gubernatorial executive order that made several adjustments to the state's industrial tax exemption program.
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October 24, 2024
EPA, Air Force Commit To PFAS Plan For Tucson Airport
The U.S. Environmental Protection Agency and the Air Force said they're committing to a framework to address "forever chemical" contamination at the Tucson International Airport Area Superfund Site in southeastern Arizona.
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October 24, 2024
Delaware Justices Deny In-House Atty's Limited Practice Bid
The Delaware Supreme Court has denied a limited practice application filed by an in-house attorney for a real estate closing services company, in part because the business doesn't have an office in the state.
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October 23, 2024
USDA Unveils $1.5B In Conservation, Climate-Smart Projects
The U.S. Department of Agriculture on Wednesday revealed a $1.5 billion investment in 92 partner-driven conservation projects through the agency's Regional Conservation Partnership Program.
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October 23, 2024
Ex-SEC Atty, Fintech GC Joins Stradling's Securities Team
Stradling Yocca Carlson & Rauth PC has added a former fintech general counsel and U.S. Securities and Exchange Commission attorney, reinforcing the firm's offerings for companies facing enforcement investigations or grappling with other compliance issues.
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October 22, 2024
Copper Mining Co. Asks High Court To Toss Sacred Site Suit
A copper mining company that wants to build operations in a tribally sacred part of the Tonto National Forest has asked the U.S. Supreme Court to toss a challenge to a Ninth Circuit ruling that allows for the transfer of nearly 2,500 acres of land.
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October 22, 2024
Tribe, Feds Reach Deal Over National Preserve Site
The federal government, joined by the Pueblo of Jemez, called on the Tenth Circuit to amend its March 2023 ruling granting the tribe title to a portion of the Valles Caldera National Preserve after the parties reached a settlement agreement concerning how the title will be effectuated.
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October 22, 2024
The 2024 Prestige Leaders
Check out our Prestige Leaders ranking, analysis and interactive graphics to see which firms stand out for their financial performance, attractiveness to attorneys and law students, ability to secure accolades and positive legal news media representation.
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October 22, 2024
How Law Firms Get And Keep Elite Status
For decades, a handful of New York-based law firms thoroughly dominated the national consciousness when it came to power, profitability and prestige. But in today's legal market, increased movement of partners and clients from one firm to the next has begun to shake things up and create opportunities for go-getters to ascend the ranks.
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October 21, 2024
Public Can Access Road Used By Thoreau, Mass. Court Says
The public is still entitled to access portions of an 18th century road in the town of Concord once used by Henry David Thoreau and Ralph Waldo Emerson, a Massachusetts intermediate appellate court determined on Monday.
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October 21, 2024
Haynes Boone, ArentFox Schiff Advise $1B Paving Co. Deal
Haynes and Boone LLP represented Alabama road builder Construction Partners Inc. in its nearly $1 billion acquisition of Austin, Texas-based Lone Star Paving, which relied on advice from ArentFox Schiff LLP in the transaction.
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October 18, 2024
Law360 MVP Awards Go To Top Attys From 74 Firms
The attorneys chosen as Law360's 2024 MVPs have distinguished themselves from their peers by securing hard-earned successes in high-stakes litigation, complex global matters and record-breaking deals.
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October 18, 2024
Timeshare Co. Preyed On Fla. Servicemember, High Court Told
A Florida U.S. Army soldier and his wife petitioned the U.S. Supreme Court on Friday to review their case against Bluegreen Vacations Unlimited Inc., disputing that his contract isn't legal under the Military Lending Act because the company used predatory tactics to sell him a timeshare.
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October 18, 2024
Fed. Circ. Says HUD Owes No More For Canceled Contracts
The Federal Circuit on Friday refused to grant a U.S. Department of Housing and Urban Development contractor costs and damages for the cancelation of contracts to sell foreclosed properties, saying HUD owed no more than the contractual minimums already paid.
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October 18, 2024
NFL Stadiums May Lose $11B To Climate Change By 2050
Three NFL stadiums could suffer up to an estimated $11 billion in losses by 2050 due to climate change, according to a recent report from a climate risk data analytics company.
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October 17, 2024
Rocket Investors Eye New Cert. Bid After Post-Goldman Denial
A pension fund has asked a Michigan federal judge for another chance at class certification in a suit alleging Rocket Cos. hid its knowledge of a drop in its mortgage business, saying the new class would be "substantially narrowed" after certification was previously denied in light of a recent U.S. Supreme Court decision.
Expert Analysis
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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4 Takeaways From Pa. Draft Environmental Justice Policy
The Pennsylvania Department of Environmental Protection's proposed revisions to its environmental justice policy, seeking to give minority and low-income communities more opportunities to participate in environmental permitting decisions, shed light on the department's shifting priorities and would add considerations for applicants, say attorneys at Saul Ewing.
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Fighting Legal Challenges To Renewable Projects With NEPA
Recent lawsuits in federal court challenging offshore wind energy development highlight how the National Environmental Policy Act — a statute of choice for ambitious energy projects — offers renewable energy developers an opportunity to create informed and defensible agency action that can fend off objections from project opponents, says Andrew Glenn at Husch Blackwell.
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Carbon Cost Injunction Signals Hurdles For Biden Plans
A Louisiana federal court's unusually expansive injunction preventing the Biden administration from using its social cost of carbon estimates in future regulatory guidance may be a sign that the president's environmental agenda will face more aggressive court challenges going forward, say attorneys at WilmerHale.
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How US Trade Obligations Apply To Biden's Infrastructure Law
The Infrastructure Investment and Jobs Act could require some state agencies that receive federal funding for infrastructure to consider for the first time whether U.S. international treaty obligations prevent the application of Buy America preferences for certain government purchases, subjecting them to new liability risks, say attorneys at Akin Gump.
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NY, NJ Lease Auctions Highlight US Push For Offshore Wind
The Bureau of Ocean Energy Management's upcoming auction of new lease areas for wind farms off the coasts of New York and New Jersey demonstrate the Biden administration's desire to foster the U.S. offshore wind industry — and interested parties should track the agency's plans for other coastal areas, says attorneys at K&L Gates.
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Infrastructure Law Is Not All Good News For Construction Cos.
The recently enacted Infrastructure Investment and Jobs Act will help strengthen the construction industry and create jobs, but heightened material costs, conflicts between state and federal law, and environmental concerns must be considered by entities wishing to take advantage of the increased development, say Gary Strong and Madison Calkins at Gfeller Laurie.