More Real Estate Coverage

  • September 05, 2024

    NJ To Offer Brownfield Tax Credits For Solar Projects

    New Jersey will bolster its tax credits for its brownfields redevelopment incentive program and grant tax credits to solar energy projects built on closed landfills as part of a bill signed by Gov. Phil Murphy.

  • September 05, 2024

    Winstead Opens Nashville Shop With 5-Attorney Team

    Texas-based Winstead PC has opened up a new office in Nashville, Tennessee, with the addition of five attorneys, including three from Epstein Becker Green.

  • September 04, 2024

    Banks Close $315.7M Deal For Texas Energy Storage Systems

    Deutsche Bank and First Citizens Bank headed up $315.7 million in financing for four Texas battery energy storage systems owned by a UBS Asset Management fund, the financial institutions announced Wednesday.

  • September 04, 2024

    Insurer Must Cover Woman's Fire Claim, Wash. Panel Says

    An insurer must cover a woman's claim for damage to her former home after she was assaulted and set on fire by her ex-husband, a Washington state appeals court ruled, finding that a domestic abuse exception to the policy's intentional loss exclusion applies.

  • September 04, 2024

    Ohio Board Denies Tax Break For Road Leased To School

    A service road that a school leased isn't exempt from property taxes because nearby business owners also used the road for noneducational purposes, the Ohio Board of Tax Appeals ruled Wednesday.

  • September 03, 2024

    5th Circ. Panel Pushes Plaintiff Groups In Oil Terminal Row

    A Fifth Circuit panel seemed wary of a claim by several groups who argued they hadn't forfeited arguments relating to vessel traffic on Texas' Gulf Coast, saying during oral arguments last week that the group's brief didn't include anything about forfeiture.

  • September 03, 2024

    Insurance Intermediary Can't Revive Biz Interference Claims

    Liberty Mutual and two of its adjusters had no obligation to work with an intermediary that helps contractors secure coverage, an Ohio appeals court ruled, rejecting the intermediary's claims that Liberty and the adjusters tortiously interfered with the intermediary's business relationships by refusing to communicate with it.

  • September 03, 2024

    Stearns Weaver Brings On Solo Land Use Ace In Tampa

    Florida's Stearns Weaver Miller Weissler Alhadeff & Sitterson PA announced Tuesday that it added a new shareholder in Tampa to its land development, zoning and environmental group from her own firm, Amy Huber PA.

  • August 30, 2024

    Feds Propose Tribal Oversight Of Utah National Monument

    Nearly 2 million acres of public lands within Utah's Grand Staircase-Escalante National Monument will be managed by a co-stewardship of tribal nations, with a focus on conservation and preservation, according to a proposed plan by the U.S. Bureau of Land Management.

  • August 30, 2024

    Partnership Asks 11th Circ. To Restore $9M Easement Break

    A partnership asked the Eleventh Circuit to reinstate its nearly $9 million deduction for donating a conservation easement in Georgia, saying the U.S. Tax Court erroneously limited the deduction to its cost basis by claiming partners who contributed the property had held it as inventory.

  • August 30, 2024

    NJ's Connell Foley Gets New Real Estate Group Co-Chair

    New Jersey firm Connell Foley LLP announced Friday that it has elevated a veteran real estate and land use partner to co-chair of the practice group, with an eye on growing the team and expanding its reach.

  • August 28, 2024

    Austin Light-Rail Plan Faces Fresh Suit Over Transit Tax Model

    A purported class of Austin, Texas, residents moved to block the financing structure for a transit plan in their latest state court challenge to the city's Project Connect model approved in a 2020 voter referendum.

  • August 28, 2024

    DC Circ. Rejects Challenges To Nuke Waste Storage Site

    A D.C. Circuit panel rejected a slew of challenges to federal regulators' approval of a temporary nuclear waste storage site in New Mexico, ruling that the U.S. Nuclear Regulatory Commission was right to include forward-looking terms about federally owned spent nuclear fuel in the license.

  • August 28, 2024

    Real Estate Atty Leaves Seyfarth For Womble Bond In Houston

    A seasoned real estate attorney with more than 10 years of experience representing stakeholders in leasing and sale transactions has moved his practice this week to Womble Bond Dickinson's Houston office after more than six years with Seyfarth Shaw LLP.

  • August 27, 2024

    Clark Hill Adds Atty In NYC From Schoeman Updike

    Clark Hill PLC said Tuesday that it is bringing a litigator to its New York City office as a member, one with a focus on financial services and business disputes as well as experience ranging from intellectual property to real estate issues.

  • August 27, 2024

    4 Firms Build Sixth Street's $250M Industrial REIT Investment

    Sixth Street Partners plans to invest $250 million into Plymouth Industrial REIT through a joint venture and preferred equity deal packaged by four law firms, seeing more opportunities with the real estate investment trust on the horizon, according to an announcement Aug. 27.

  • August 26, 2024

    Green Cement Market May Reach $86B Globally By 2032

    The market for environmentally friendly cement in 2032 is estimated to reach $86.2 billion in value, after it reached $36.1 billion in 2023, according to business research firm Allied Market Research.

  • August 22, 2024

    Ex-Morgan Stanley Representative Concedes SEC Suit

    A former Morgan Stanley representative who was criminally convicted in a $4.8 million Ponzi scheme has conceded in a suit brought by the U.S. Securities and Exchange Commission, saying he agrees with the agency that judgment should be issued against him.

  • August 22, 2024

    RE/MAX Atty Moves To Midwest Real Estate Data As GC

    A veteran in-house real estate attorney has joined Illinois-based Midwest Real Estate Data LLC as its general counsel.

  • August 22, 2024

    Builder Wins $524M Contract For Cybersecurity Agency HQ

    The U.S. General Services Administration announced that it has awarded a construction company with a $524 million contract to build the new Washington, D.C., headquarters for a U.S. Department of Homeland Security agency.

  • August 22, 2024

    Ohio Board Upholds Partial Valuation Of Old Coal Plant

    A decommissioned coal plant had two of its parcels properly valued by an Ohio county, but one additional parcel should have its valuation reduced because the structure built on it added no value, the Ohio Board of Tax Appeals ruled.

  • August 20, 2024

    Ariz. Tribe Wins Pause Of Lithium Project Construction

    An Arizona federal judge has granted the Hualapai Indian Tribe's bid for a temporary restraining order in its lawsuit seeking to halt U.S. government approval of a lithium exploration project that it says threatens the life of a sacred medical spring used for cultural and religious purposes.

  • August 20, 2024

    New Fed Rule Will Help Tribes Sponsor Watershed Projects

    The U.S. Department of Agriculture's Natural Resources Conservation Service said it has decided to amend its regulations for watershed projects, so Native American tribes and tribal groups can better carry out improvements for flood prevention and conservation.

  • August 20, 2024

    Ohio Justices Nix Local Appeal Of Pipeline's $950M Tax Value

    An Ohio county auditor cannot appeal a settlement agreement between the state tax agency and an energy company over the $950 million value of a gas pipeline transmission system, the state's highest court ruled Tuesday, upholding the state Board of Tax Appeals.

  • August 20, 2024

    Affordable Housing Finance Expert Returns To Ballard Spahr

    Ballard Spahr LLP welcomed back to its Washington, D.C., office a transactional attorney specializing in the affordable housing market who returned to the firm after nearly two years at Carlton Fields.

Expert Analysis

  • What Infrastructure Act Means For Transmission Line Projects

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    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.

  • DOI's Vision For Offshore Wind: Obstacles And Opportunities

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    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.

  • Jones Act Compliance Strategies For Offshore Wind Projects

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    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.

  • Biden's Infrastructure Funding Comes With Strings Attached

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    ​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.

  • NIMBYism Is Endangering America's Clean Energy Future

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    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.

  • Science-Based Definition Of US Waters Won't Pass In Court

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    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.

  • What Justices' Groundwater Ruling Means For State Disputes

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    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.

  • BGC-Cantor Suit Highlights Independent Directorship Issue

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    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.

  • How Dealmakers Can Bridge M&A Differences In US, Europe

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    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.

  • Feds May Need Power To Take State Lands For New Grid

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    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.

  • How Canceling The Border Wall Affects Gov't Contractors

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    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.

  • Biden Climate Push Means Fossil Fuel Cos. Must Innovate

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    The Biden administration's strong focus on climate change puts unprecedented pressure on oil, gas and coal companies to strategically embrace new clean and low-emission technologies, predict and minimize environmental impacts, and prioritize innovation in order to sustain long-term viability, say attorneys at Akin Gump.

  • How Environmental Litigation Can Block Renewable Projects

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    While renewable energy projects can reduce greenhouse gas emissions, they are not immune from environmental challenges filed by citizens groups, conservation organizations and even competitors — so project developers must plan their environmental and permitting reviews carefully, say Jonathan Brightbill and Madalyn Brown at Winston & Strawn.

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