More Real Estate Coverage
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October 16, 2024
Feds, Md. Tell 4th Circ. Beltway Lane Expansion Is Fully Vetted
Federal and Maryland state transportation officials have told the Fourth Circuit that they thoroughly vetted air pollution, traffic congestion and other environmental concerns before approving an estimated $4 billion highway expansion project outside Washington, D.C., arguing that environmental groups have no grounds to sue to block the project.
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October 16, 2024
Ex-NJ Atty Cops To $1.8M Theft From Dozens Of Clients
A disbarred Garden State real estate lawyer who plundered more than $1.8 million from 60 clients has entered a guilty plea in New Jersey state court to a charge of second-degree financial facilitation of criminal activity, according to a statement Wednesday from the Monmouth County prosecutor's office.
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October 16, 2024
Polsinelli Expands Real Estate Team With Ex-Seyfarth Partner
Polsinelli PC is continuing to add real estate talent to its ranks, announcing Tuesday that it has hired a partner from Seyfarth Shaw LLP to work out of its New York and Miami offices.
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October 15, 2024
The 2024 Law360 Pulse Social Impact Leaders
Check out our Social Impact Leaders ranking, analysis and interactive graphics to see which firms stand out for their engagement with social responsibility and commitment to pro bono service.
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October 15, 2024
Law Firms Diverge As Anti-ESG Pushback Continues
A continuing onslaught of legislation and litigation opposing corporate environmental, social and governance actions has created a fork in the road for law firms, with some choosing to scale back efforts and others pushing ahead with their internal ESG and diversity, equity and inclusion goals.
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October 11, 2024
Feds Designate 3rd-Largest Marine Sanctuary Off Calif. Coast
The Biden administration on Friday said the National Oceanic and Atmospheric Administration is designating more than 4,500 square miles of ocean off California's central coast as the Chumash Heritage National Marine Sanctuary.
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October 10, 2024
Wyo. Justices Find State Land Leased To Truck Stop Taxable
The state of Wyoming owes tax on property it leased out as a truck stop because that operation doesn't constitute a use for a government purpose that would allow an exemption, the state Supreme Court said.
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October 09, 2024
Mo. Clinics Fail To Meet Charity Requirement For Exemption
Health clinics in four Missouri counties are not eligible for charitable exemptions from property tax despite being part of a nonprofit organization, the state's tax commission ruled.
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October 09, 2024
Mass. Gov. Nominates Land Court Counsel To Judgeship
Massachusetts Gov. Maura Healey has nominated a longtime Land Court staff attorney and administrator to a seat on the court, according to an announcement Wednesday.
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October 08, 2024
Minn. County And Feds Must Meet In Person Over Land Fight
A Minnesota federal judge has ordered counsel for a county and two townships to meet in person with U.S. Department of the Interior representatives for settlement talks involving claims the DOI wrongly acquired about 3,239 acres of land into trust for an Ojibwe tribe.
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October 08, 2024
DC Judge Won't Rethink Striking Down USDA Wetland Rule
A Washington, D.C., federal judge on Tuesday refused to reconsider her decision to vacate a U.S. Department of Agriculture rule designed to stop the development of wetlands on farmland and struck down those regulations.
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October 08, 2024
Ex-FDNY Safety Chief Cops To Taking Bribes For Inspections
A Staten Island firefighter who headed the New York City Fire Department's office tasked with fire prevention told a Manhattan federal judge on Tuesday he took thousands of dollars in exchange for speedier safety checks, pleading guilty to bribery conspiracy.
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October 07, 2024
Split DC Circ. Says FERC Can Require Power Plant Upgrade
Federal energy regulators were right to require NextEra Energy to upgrade its New Hampshire nuclear power plant's circuit breaker to accommodate a new transmission line being developed by Avangrid Inc., a split D.C. Circuit panel has ruled.
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October 07, 2024
IRS Finalizes Conservation Easement Reporting Rules
The IRS released final regulations Monday that impose additional reporting requirements under the threat of penalty for partnerships that abuse a conservation easement tax deduction after the agency suffered major losses in court battles that invalidated the original 2017 rules for violating administrative law.
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October 04, 2024
Real Estate Execs Accused Of NYC Deed Theft Scheme
Three real estate executives have been arrested in connection with a purported $500,000 deed theft scheme that preyed upon a vulnerable home owner in the Bronx, according to the Office of the New York State Attorney General.
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October 04, 2024
NY State Gives 1,000 Acres Back To Onondaga Nation
New York's Onondaga Nation has regained 1,000 acres of its ancestral lands in the Tully Valley, making the title transfer one of the largest of its kind by any state, after tribe members have said for decades that the land was unlawfully taken by the federal government in the 18th century.
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October 03, 2024
Brookfield Sued Over LA Subway Terminal Building Damage
The owner of the subterranean floors of Los Angeles' old Subway Terminal Building has filed suit against Brookfield Properties Multifamily LLC and the affiliated owner of aboveground luxury units, arguing the pair must pay for water damage in the basement.
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October 03, 2024
12 Lawyers Who Are The Future Of The Supreme Court Bar
One attorney hasn't lost a single U.S. Supreme Court case she's argued, or even a single justice's vote. One attorney is perhaps "the preeminent SCOTUS advocate." And one may soon become U.S. solicitor general, despite acknowledging there are "judges out there who don't like me." All three are among a dozen lawyers in the vanguard of the Supreme Court bar's next generation, poised to follow in the footsteps of the bar's current icons.
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October 03, 2024
Sens. Question If Payouts Taint Execs' Push For US Steel Deal
Two U.S. senators wrote to U.S. Steel's president and CEO on Wednesday seeking guarantees that a $72 million "golden parachute" deal wasn't driving the executive's willingness to support a $14.1 billion merger with Japanese steelmaker Nippon Steel.
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October 01, 2024
Rocket Cos. Investors Lose Cert Bid In Post-Goldman Ruling
A Michigan federal judge has declined to grant class status to Rocket Cos. investors suing over the company's post-pandemic loan portfolio, saying that optimistic statements about the firm's future were too generic to be relied upon in light of a recent U.S. Supreme Court ruling in Goldman Sachs' favor that dealt with a similar issue.
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October 01, 2024
Mich. Appeals Court Denies Tax Break For Church Retreat
The Michigan Court of Appeals affirmed a state tax tribunal decision that said a church's ministry retreat house that offered recreational activities wasn't exempt from property taxes.
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October 01, 2024
Lewis Brisbois Real Estate Co-Chair Joins Procopio In Calif.
Procopio Cory Hargreaves & Savitch LLP announced that the former managing partner of Lewis Brisbois Bisgaard & Smith LLP's Indian Wells, California, office and real estate co-chair joined the firm's San Diego office as a partner.
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October 01, 2024
Ga. Atty Disbarred For Taking $850K From Investor Clients
The Georgia Supreme Court disbarred an attorney Tuesday for mishandling about $850,000 of his real estate investor clients' money, concluding that such a severe sanction is "consistent with similar cases in which a lawyer abandons clients, violates the rules related to trust accounts and defaults during the disciplinary process."
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September 27, 2024
Osage Nation Says DOI Can't Avoid Its $4.9M Funding Suit
The Osage Nation is fighting a bid by the U.S. Department of the Interior to bring the tribe's $4.9 million lawsuit over self-determination to a quick end, telling a D.C. federal judge that he has the jurisdiction to rule on the case.
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September 27, 2024
Ex-Conn. Police Chief Drops Atty Fee Ask After Lawsuit Win
The former police chief in Newington, Connecticut, dropped his demand for attorney fees after defamation claims against him were dropped and a state court judge ordered that, in order to collect, his lawyer may have to testify at an upcoming hearing.
Expert Analysis
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High Court's Return To Wetlands Debate May Bring Clarity
The U.S. Supreme Court's recent decision to revisit the reach of the Clean Water Act, in its forthcoming consideration of Sackett v. U.S. Environmental Protection Agency, may help lift the clouds of uncertainty that have plagued jurisdictional wetlands determinations for decades, says Bryan Moore at Balch & Bingham.
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Electricity Market Competition Helps Consumers And Climate
Lawmakers looking to combat climate change and increase consumer choice should encourage and expand competitive electricity supply markets, to free customers from inefficient and often corrupt vertically integrated monopoly utilities, says Todd Snitchler at the Electric Power Supply Association.
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What Infrastructure Act Means For Transmission Line Projects
The Infrastructure Investment and Jobs Act gives the Federal Energy Regulatory Commission authority to supersede state siting decisions for electric transmission projects, but environmental review requirements make a sudden acceleration of transmission line construction unlikely, say attorneys at Winston & Strawn.
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DOI's Vision For Offshore Wind: Obstacles And Opportunities
The U.S. Department of Interior's recent announcement of its intent to open the U.S. coastline to large-scale offshore wind projects is promising, but wind developers must be ready to confront distinct technical and regulatory challenges in each coastal region, say attorneys at Holland & Knight.
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Jones Act Compliance Strategies For Offshore Wind Projects
Offshore wind developers can use a number of strategies to get projects done while meeting the challenges of complying with Jones Act requirements for the use of vessels built, owned and operated by U.S. persons, say Jonathan Wilconis and Carl Valenstein at Morgan Lewis.
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Biden's Infrastructure Funding Comes With Strings Attached
The bipartisan infrastructure funding bill enacted last November creates new jobs and business opportunities, but its changes to domestic preferences and Made in America enforcement also give rise to new compliance hazards for unwary manufacturers and government contractors, say Jeffrey Belkin and Grecia Rivas at Alston & Bird.
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NIMBYism Is Endangering America's Clean Energy Future
The U.S. has made remarkable strides in recent years toward a cleaner, more sustainable energy future — but further progress is threatened by a not-in-my-backyard cancel culture that seeks to thwart every type of major energy development, says Albert Wynn at Greenberg Traurig.
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Science-Based Definition Of US Waters Won't Pass In Court
The U.S. Environmental Protection Agency and the U.S. Army Corps of Engineers recently proposed a science-backed definition of "waters of the United States" for the Clean Water Act, but the U.S. Supreme Court is unlikely to be persuaded that science trumps a constitutional or statutory limit on the EPA's and the Corps' authority, says Jeffrey Porter at Mintz Levin.
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What Justices' Groundwater Ruling Means For State Disputes
The U.S. Supreme Court's recent decision in Mississippi v. Tennessee aids future negotiations over interstate groundwater resources, both by explicitly informing states what the default rule is, and by implicitly giving states authority to trade off water rights across a broader spectrum of water resources, says Robin Craig at USC Gould School of Law.
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BGC-Cantor Suit Highlights Independent Directorship Issue
The Delaware Chancery Court recently sent breach of fiduciary duties claims to trial in the disputed merger between BGC and a unit of Cantor Fitzgerald, highlighting both the legal benefits of seeking out directors that meet the court's criteria of independence from the controller, and the significant, negative impacts when they are not, say attorneys at Fried Frank.
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How Dealmakers Can Bridge M&A Differences In US, Europe
As business continues to heat up globally, differing practices and norms in mergers and acquisitions can lead to misunderstandings between U.S. and European dealmakers, but a comparison of documentation structures and processes can help avert these complications, say Piotr Korzynski and Piotr Jaskiewicz at Baker McKenzie.
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Feds May Need Power To Take State Lands For New Grid
The Biden administration's plan to move the U.S. electricity sector to renewable energy will require extensive new high-voltage transmission infrastructure, but since states have the ability to block construction of power lines, Congress will need to give federal regulators eminent domain authority over state-owned lands to get the job done, say attorneys at V&E.
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How Canceling The Border Wall Affects Gov't Contractors
President Joe Biden's cancellation of the border wall project has left some federal contractors in the lurch, but including protective flow-down termination clauses in their contracts can guard against subcontractor liability and ensure recovery, says Adrien Pickard at Shapiro Lifschitz.