More Real Estate Coverage
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July 05, 2024
5 Moments That Shaped The Supreme Court's Jan. 6 Decision
When the high court limited the scope of a federal obstruction statute used to charge hundreds of rioters who stormed the Capitol, the justices did not vote along ideological lines. In a year marked by 6-3 splits, what accounts for the departure? Here are some moments from oral arguments that may have swayed the justices.
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July 05, 2024
Neb. Justices Decline To Rule On Property Value Appeal
The Nebraska Supreme Court said Friday it lacks jurisdiction to rule on a county board's appeal challenging decisions by the state's Tax Equalization and Review Commission that lowered valuations for a company's property, finding the board didn't meet a statutory requirement to institute judicial review proceedings.
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July 05, 2024
Judge Rips High-Rise's 'Remarkable' $8.5M Coverage Pursuit
An Illinois federal judge smacked down an $8.5 million coverage bid from the former owners of Chicago's historic Pittsfield building after finding they "boldly and repeatedly" misrepresented the extent of repair costs, instead ordering them to repay Travelers.
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July 05, 2024
The Firms That Won Big At The Supreme Court
This U.S. Supreme Court term featured high-stakes oral arguments on issues including gerrymandering, abortion and federal agency authority, and a hot bench ever more willing to engage in a lengthy back-and-forth with advocates. Here's a look at the law firms that argued the most cases and how they fared.
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July 03, 2024
Wash. Justices Say City RV Camping Ban Is Constitutional
The Washington Supreme Court upheld a city ordinance on Wednesday banning recreational vehicles and trailers from parking on municipal streets for more than four hours, rejecting a man's argument that the law violated his constitutional travel rights by barring him from living indefinitely in his 23-foot trailer on city property.
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July 03, 2024
Enviro Group Claims Navy Bungled SF Superfund Cleanup
The U.S. Navy's efforts to remediate an 866-acre shipyard Superfund site in San Francisco have been flawed from the start, undermined by the Navy, which has gone so far as to obscure the results of its own contamination testing, per an environmental advocacy group's suit.
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July 02, 2024
Alaska Village Hits Army Corps With Gold Mine Permit Suit
The Native Village of Dot Lake is asking an Alaska federal judge to throw out a permit the U.S. Army Corps of Engineers issued for an open pit gold mine Kinross Gold Corp. and Peak Gold LLC are developing near the Yukon border.
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July 01, 2024
Calif. Ballot Measure Seeks Nix Of Tax Hike Threshold Change
California would scrap part of a ballot initiative that would have reduced the threshold needed for local governments to pass special taxes for public infrastructure and affordable housing projects under another ballot measure passed by legislators.
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June 28, 2024
Chevron's End Is Just The Start For Energized Agency Foes
By knocking down a powerful precedent that has towered over administrative law for 40 years, the U.S. Supreme Court's right wing Friday gave a crowning achievement to anti-agency attorneys. But for those attorneys, the achievement is merely a means to an end, and experts expect a litigation blitzkrieg to materialize quickly in the aftermath.
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June 28, 2024
In Chevron Case, Justices Trade One Unknown For Another
The U.S. Supreme Court's decision to overrule a decades-old judicial deference doctrine may cause the "eternal fog of uncertainty" surrounding federal agency actions to dissipate and level the playing field in challenges of government policies, but lawyers warn it raises new questions over what rules courts must follow and how judges will implement them.
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June 28, 2024
Property Plays: Goldman, WaFD, The Alamo
Property Plays is a weekly roundup of the latest loans, leases, sales and projects around the country. Send your tips — all confidential — to realestate@law360.com.
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June 28, 2024
High Court Enters July With 3 Rulings To Go
In a rare move, the U.S. Supreme Court will issue opinions into the beginning of July as the court tries to clear its merits docket of three remaining cases dealing with presidential immunity, whether governments can control social media platforms' content moderation policies and the appropriate deadline to challenge agency action.
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June 27, 2024
Ill. Extends R&D Tax Credit, Adds Quantum Computing Credits
Illinois extended its research and development tax credit, expanded eligibility for a program that provides tax breaks to electric vehicle manufacturers and created tax credits for quantum computer component parts manufacturers under a bill signed by Gov. J.B. Pritzker.
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June 27, 2024
NY Historic Building Rehab Tax Credits Apply Per Structure
New York's $5 million tax-credit cap for rehabilitation projects of historic properties is applied on a per-structure basis even if multiple structures are included on a single application, the state Department of Taxation and Finance said in a declaratory ruling.
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June 27, 2024
Alaskan Land Trust Fight Remanded Over Misplaced Authority
An Alaska federal judge has vacated and remanded a decision from the U.S. Department of the Interior to take a 787-square-foot piece of land in downtown Juneau into trust for an Alaskan tribal government, saying the agency relied on an aboriginal title factor already established in a law designed to settle the state's land claims.
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June 26, 2024
Insurers Look To Tech Solutions To Reduce Water Damage
Two insurers have announced new emphasis on property technology solutions in recent days as a strategy for reducing the risk from water damage, a major source of claims for property owners and operators that leads to billions of dollars in payouts each year.
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June 25, 2024
Feds Transfer Nearly 12,000 Acres To Minnesota Tribe
A Native American tribe in northern Minnesota has added nearly 12,000 acres of forest land to its reservation following an agreement signed by the U.S. Forest Service.
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June 25, 2024
Ariz. Lawmakers Say State Has No Interest In Monument Fight
The Arizona State Legislature says Gov. Katie Hobbs and Attorney General Kris Mayes can't show that they have an interest in lawsuits against President Joe Biden's proclamation designating an Indigenous site in the Grand Canyon region a national monument and they shouldn't be allowed to intervene in the litigation.
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June 25, 2024
Military Families, Army Housing Managers Reach Settlement
A putative class of service members and their families, and a military housing landlord and the property managers urged a Virginia federal court on Tuesday to approve the global settlement of the putative class's claims alleging that the landlord and the property managers neglected the conditions of their military housing in a U.S. Army base in Fairfax, Virginia.
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June 24, 2024
EPA Says Army Corps Doesn't Belong In Pebble Mine Dispute
The U.S. Environmental Protection Agency is urging an Alaska federal judge to refuse a mining company's bid to amend a lawsuit in order to reverse an Army Corps of Engineers decision denying the controversial Pebble Mine project a permit.
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June 24, 2024
Ill. Landowners Challenge FERC Moves On $7B Power Line
Illinois residents, farmers and landowners launched a fresh challenge to the $7 billion Grain Belt Express high-voltage power line, telling the D.C. Circuit that when the Federal Energy Regulatory Commission approved an amended negotiated rate authority, it ignored clean energy giant Invenergy's unsanctioned purchase of the project in 2020.
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June 24, 2024
La. To Provide Sales Tax Rebates For Data Center Purchases
Louisiana will provide state and local sales and use tax rebates for taxes paid on the lease or purchase of eligible data center equipment and the development, acquisition or repair of qualified data centers under a bill signed by the governor.
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June 24, 2024
IRS Finalizes Limits To Partnership Conservation Easements
The Internal Revenue Service finalized rules Monday that curb the conservation easement tax deduction claimed by certain partnerships, with some changes to last year's proposed version, such as limiting the opportunity for entities to adjust their tax returns to avoid the new restrictions.
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June 21, 2024
Fed Circ. Revives Gov't Defenses In Land Underpayment Case
The Federal Circuit on Friday revived a dispute alleging that the U.S. Forest Service underpaid for a property, saying the U.S. Court of Federal Claims wrongly rejected the agency's arguments that the seller shouldn't have relied on a disputed appraisal when selling.
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June 21, 2024
Property Plays: The Mark Hotel, Oak Row, Bain Capital
Property Plays is a weekly roundup of the latest loans, leases, sales and projects around the country. Send your tips — all confidential — to realestate@law360.com.
Expert Analysis
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Conservatorship Act Is Pa.'s Best Property Restoration Tool
Compared to other options, Pennsylvania's Abandoned and Blighted Property Conservatorship Act offers the best approach for renovating problematic properties because it encourages rehabilitation without demanding public expenditure, say Gaetano Piccirilli and Monica Platt at Klehr Harrison.
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Reforms That Could Fix FERC's Pipeline Certificate Reviews
If the Federal Energy Regulatory Commission can't respond in timelier way to landowners' and environmentalists' challenges to pipeline certificates and related eminent domain actions, Congress or the courts may soon step in to resolve the problem, say attorneys at Steptoe & Johnson.
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Bat Species Status Ruling Leaves Cos. Hanging
A D.C. federal court's recent overturning of the U.S. Fish and Wildlife Service's decision to list the northern long-eared bat as threatened rather than endangered creates regulatory uncertainty for those developing, constructing or operating projects within the species' range, say Brooke Wahlberg and Rebecca Barho of Nossaman.
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Ruling On FERC's Tolling Orders Could Slow Pipelines
If the D.C. Circuit reins in the Federal Energy Regulatory Commission’s use of tolling orders — which delay court challenges to FERC directives — landowners might be gratified, but interstate pipeline construction projects could face added delays, says Richard Drom of Eckert Seamans.
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Pa. Fracking Decision Leaves Trespass Question Open
In Briggs v. Southwestern Energy Production Co., the Pennsylvania Supreme Court has affirmed that fracked oil and gas belongs to whomever extracts it from the ground — but left open the potential for trespass actions when there is proof of physical invasion of the adjoining property, say attorneys with Saul Ewing.
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Getting State Approvals For Energy Storage Siting
Many state laws are still ambiguous about regulatory oversight of energy storage facility siting, so energy storage developers should consider proactively engaging with state regulators to determine whether they will assert jurisdiction, says Andy Flavin of Troutman Sanders.
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Trump's NEPA Reform Is No 'Nixon In China' Moment
There is broad consensus across the political spectrum that the National Environmental Policy Act needs common-sense procedural reforms, but President Donald Trump's proposal to update NEPA is merely a smorgasbord of changes favored by his supporters, say Seth Jaffe and Aaron Lang of Foley Hoag.
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Unpacking The Final Opportunity Zone Regulations: Part 2
In the conclusion of his two-part article on the U.S. Department of the Treasury's final regulations for the opportunity zone tax regime, Tucker Thoni at GrayRobinson highlights taxpayer-friendly changes, including safe harbors and clarification of rules for tangible business property.
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Trump's NEPA Reform Is Crucial For Energy Development
The White House Council on Environmental Quality’s recently proposed reform to the National Environmental Policy Act will further American energy progress in 2020 and beyond, and should be finalized as soon as practicable, say Paul Afonso and Ben Norris of the American Petroleum Institute.
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Unpacking The Final Opportunity Zone Regulations: Part 1
In his two-part article on the U.S. Department of the Treasury's final regulations for the opportunity zone tax regime, Tucker Thoni at GrayRobinson highlights important differences between the proposed and final regulations that should increase taxpayer confidence in the investment program.
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FERC Guidance Aims To Foster Hydropower At Mines, Dams
Recent guidance from the Federal Energy Regulatory Commission will streamline development of hydroelectric projects at nonpowered dams and abandoned mines — where new environmental impacts will be minimal and much of the construction and regulatory work is already done, say Daniel Skees and Robert Goldfin of Morgan Lewis.
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Prepare For Greater IRS Scrutiny On Conservation Easements
The IRS recently announced stepped-up enforcement on abusive syndicated conservation easement transactions, but proactive taxpayers may avoid penalties by filing qualified amended returns or administrative adjustment requests before the IRS comes knocking, say attorneys at Greenberg Traurig.
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Wash. Ruling Offers Key Safeguards For Additional Insureds
In T-Mobile USA Inc. v. Selective Insurance Company of America, the Supreme Court of Washington recently strengthened the protections for so-called additional insureds relying upon inaccurate certificates of insurance — a win for both policyholders and entities named as additional insureds on others' policies, say Catherine Doyle and Brian Scarbrough at Jenner & Block.