More Real Estate Coverage

  • February 02, 2024

    Court's Claims Of Internal Dispute A Myth, Tribe Tells Fed. Circ.

    The Winnemucca Indian Colony is asking the Federal Circuit to overturn a decision that dismissed allegations in a $208 million breach of trust suit against the Bureau of Indian Affairs, saying the Court of Federal Claims wrongly characterized the events that underpinned its litigation as an internal dispute within the tribe.

  • February 02, 2024

    Property Plays: Brennan, PowerHouse Data, Cambridge

    Brennan Investment Group has purchased a portfolio of industrial buildings in Florida and Colorado, PowerHouse Data has picked up 145 acres in Virginia and Cambridge Realty Capital has landed $52.5 million in financing for multifamily properties in Kentucky and Illinois.

  • February 02, 2024

    Green Group Blasts Berkshire Unit's Bid To Flush Water Suit

    An environmentalist group urged a North Carolina federal court to keep alive its Clean Water Act complaint against a Berkshire Hathaway Inc. unit, arguing that it's packed with specifics about how pollution from a development has sullied nearby waterways.

  • February 02, 2024

    Ore. Property Owner Denied Tax Break Over Late Mailing

    An Oregon property owner is not eligible for a 3% discount on property taxes granted to early payers because he did not show that he mailed his payments in a timely manner to meet a statutory deadline, the Oregon Tax Court ruled.

  • February 01, 2024

    Alaska Tribes Seek Canada Recognition To Consult On Mines

    A group of tribal governments in southeast Alaska is asking Canadian regulators to acknowledge its historic presence along the boundary-crossing Unuk River, in order to protect the watershed from open-pit gold and silver mining Skeena Resources Ltd. is proposing in British Columbia.

  • February 01, 2024

    Insurer Settles $1.7M Suit Over School's Tornado Damage

    A Nashville private school agreed to permanently end its $1.7 million unpaid tornado damage suit against Cincinnati Insurance Co. and the school's former agent, according to an order in Tennessee federal court.

  • February 01, 2024

    Remine Shareholder Sues In Del. Over $53.5M MLS Merger

    A shareholder of a real estate services platform acquired by five multiple listing services in 2021 sued the company's founders and directors in Delaware's Court of Chancery, alleging that they structured the $53.5 million sale for their own benefit at the expense of common stockholders.

  • January 31, 2024

    Tenn. Bill Aims To Cap Hikes On Local Hotel Occupancy Taxes

    Tennessee would bar municipalities from raising local taxes on hotel and motel stays above a certain level under a bill filed in the state House of Representatives.

  • January 31, 2024

    Treasury Aims To Finish Credit Monetization Rules In 2024

    The U.S. Department of the Treasury aims to issue final rules this year on two new ways to monetize tax credits tied to clean energy construction projects, known as the direct pay and transferability methods, an official said.

  • January 30, 2024

    Timber Co. Says Seller 'Twisting' Words In Carbon Offset Fight

    A New Hampshire-based timber company has told a North Carolina court that an investment firm specializing in forestland is "twisting" words in an attempt to escape claims that it overvalued the carbon offset of a property by about $1 million.

  • January 30, 2024

    6th Circ. Backs Antero's Win In Oil Royalties Breach Suit

    The Sixth Circuit affirmed on Tuesday a lower court's dismissal of a lessor's contract breach suit accusing Antero Resources of underpaying royalties under an oil-and-gas lease, finding the lessor failed to follow the lease's 90-day presuit notice requirement and "made no attempt to provide any prelawsuit notice at all."

  • January 30, 2024

    Feds, Tesoro Question Landowners' Bid To Join Pipeline Fight

    The U.S. government has told a North Dakota federal judge that tribal landowners' push to join a pipeline fight with Tesoro High Plains Pipeline Co. LLC may be premature, while the company said it threatens to turn its litigation against the government "into a circus."

  • January 29, 2024

    Escrow Agent Not Covered For Fraud Suits, Court Told

    An escrow agent no longer has coverage for four underlying suits accusing it of unlawfully withholding funds or distributing them to third parties who had no valid claim to the money, an insurer told a Florida federal court, saying its theft coverage extension endorsement has been exhausted.

  • January 26, 2024

    Biden Stokes LNG Uncertainty With Export Review Pause

    The Biden administration's pause of its approvals of liquefied natural gas exports to countries that don't have free-trade agreements with the U.S. will delay several projects and have potential customers question whether their supply agreements can ultimately be honored.

  • January 26, 2024

    CBD Co. Asks Judge To Reject Franchisee's $10M Claims

    The owner of the Your CBD Store brand has urged a Georgia federal court to snuff out an arbitration action brought by one of its franchisees seeking as much as $10 million in damages, according to a lawsuit that says an oral agreement between the two cannot be arbitrated.

  • January 26, 2024

    Property Plays: Phipps, Sunroad, EastGroup

    Phipps Houses has landed $98.2 million in financing for a Queens residential project, Sunroad Enterprises has scored $149 million in refinancing for a multifamily portfolio spanning three states and EastGroup Properties has picked up three industrial buildings in Las Vegas for $54.8 million.

  • January 26, 2024

    State Farm Underpaid Miss. Property Losses, Class Suit Says

    A Mississippi homeowner accused State Farm Fire and Casualty in federal court of intentionally underpaying her fire damage claim by using the wrong setting in its pricing software, treating the repairs as new construction and improperly excluding higher labor costs associated with more complicated fixes. 

  • January 26, 2024

    Biden Admin Pauses LNG Reviews Over Climate Concerns

    The Biden administration on Friday said it would pause its approvals of liquefied natural gas exports to countries that don't have free-trade agreements with the U.S., and revise its export policy to greater account for LNG's impacts on climate change and energy prices.

  • January 25, 2024

    Wash. Justices Spare Homeowners From Lakeshore Eviction

    The Washington State Supreme Court on Thursday said a group of homeowners are the legal owners of shoreline where they built boat docks and decks, rejecting a county government's argument that it controlled the lakeshore linked to a county recreational trail under a 19th-century federal railroad right-of-way law.

  • January 25, 2024

    DC Circ. Unsure About Wading Into PR Bay Dredging Fight

    The U.S. Army Corps of Engineers faced off against several environmental groups at the D.C. Circuit Thursday over a dredge project that would widen Puerto Rico's largest port, but the panel seemed more concerned about whether it had the jurisdiction to hear the appeal at all.

  • January 25, 2024

    FERC Won't Halt Work On Texas LNG Export Terminal

    The Federal Energy Regulatory Commission has said it won't pause authorized construction on a liquefied natural gas export terminal on the South Texas Gulf Coast, a decision a dissenting commissioner said perpetuates and magnifies injuries to environmental justice communities and ignores evidence of harm to public health and the environment.

  • January 25, 2024

    States, Industry Back Feds' Land Swap Fight At 9th Circ.

    The states of Idaho and Utah, the U.S. Chamber of Commerce and the National Mining Association have joined the federal government in urging the Ninth Circuit to overturn a lower court ruling in favor of the Shoshone-Bannock Tribes' challenge to a land transfer intended for the expansion of a fertilizer plant.

  • January 25, 2024

    Lender Aided $8M Kuwaiti Royal Rip-Off, Judge Finds

    A Maryland federal judge ordered a lender to pay at least $469,990 after finding the company helped further a Baltimore restaurant owner's scheme that bilked $7.8 million from a member of the Kuwaiti royal family.

  • January 24, 2024

    Investors Urge NY Court To Restore RMBS Fraud Claim

    A group of investors in a residential mortgage-backed securities entity asked a New York state appeals court Wednesday to hold one of the project officers liable for concealing negative information about its prospects.

  • January 24, 2024

    Bid To Swap Chevron For An Old Standby Raises Doubts

    Last week, the U.S. Supreme Court debated whether a World War II-era doctrine encouraging courts to strongly consider agency statutory interpretations could replace the court's controversial so-called Chevron doctrine that requires judges to defer to those interpretations if a statute is ambiguous.

Expert Analysis

  • How To Deal With Difficult Clients, Practically And Ethically

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    Meredith Stoma at Lewis Brisbois discusses common obstacles for counsel working with difficult clients and provides guidance on ethically managing or terminating these challenging relationships — as, for example, counsel for Ye have recently done.

  • What Maine Offshore Wind Road Map Will Mean For Industry

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    Maine's offshore wind road map, expected to be released in early 2023, should offer valuable insights for the industry and other stakeholders into the opportunities and challenges that may arise as wind development advances in the Gulf of Maine, says Joshua Rosen at Foley Hoag.

  • Federal Courts Should Adopt Supreme Court's Amicus Stance

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    The federal courts of appeals should adopt the U.S. Supreme Court's new approach to amicus curiae briefs, which allows the friend-of-the-court submissions to be filed without consent from the court or the parties, says Lawrence Ebner at Atlantic Legal Foundation.

  • 3 Pricing Trends In Law Firm Use Of Litigation Funding

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    As BigLaw firms increasingly include litigation funding as a financing option for clients, internal pricing groups are taking the lead on standardizing and centralizing firm processes, and aggregating risk budgets, says Brendan Dyer at Woodsford Group.

  • Safeguarding Attorneys' Greatest Asset: Our Mental Health

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    Attorneys who understand that mental fitness is their most valuable characteristic should prioritize mental health care accordingly, including with certain activities they may not realize qualify as self-care, says Wendy Robbins at Holland & Knight.

  • IRS Starts Clock On Energy Projects' Labor Rule Exemption

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    A U.S. Department of the Treasury notice published this week started the 60-day clock for clean energy projects seeking to be grandfathered from having to meet new labor requirements to qualify for enhanced tax credits, and uncertainty about how the provisions will apply should be incentive for some investors to begin construction soon, say attorneys at Eversheds Sutherland.

  • Law Schools Are Right To Steer Clear Of US News Rankings

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    By opting out of participating in the U.S. News & World Report annual rankings, law schools abandon a profoundly flawed system and free up their resources to adapt to the tsunami of changes overtaking the profession, says Nicholas Allard at Jacksonville University College of Law.

  • Litigation Funders Seek Transparency In Disclosure Debate

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    Litigation funders want to correct the record on calls for funding disclosure in the name of transparency, as this purported justification obscures the disclosure's adverse effects — prejudicing plaintiffs' cases and discouraging the assertion of meritorious legal claims, say Dai Wai Chin Feman and William Weisman at Parabellum Capital.

  • 5 Principles For Better Professional Development Programs

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    The pandemic and ensuing "great resignation" have resulted in a more transient legal work force, but law firms can use effective professional development programs to bridge a cultural gap with new associates and stem associate attrition, says Matthew Woods at Robins Kaplan.

  • My Favorite Law Prof: How I Learned To Practice With Passion

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    First Circuit Judge Gustavo Gelpí recalls how Suffolk University Law School's Joseph Glannon taught the importance of the law as both a tool and a profession, and that those who wish to practice law successfully must do so with love, enthusiasm and passion.

  • ESA Listing Change Shows Conservation Partnership Benefits

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    The U.S. Fish and Wildlife Service's recent decision to narrow the range of the gopher tortoise’s Endangered Species Act status demonstrates that public-private voluntary conservation partnerships can help leverage landowners' knowledge of their working lands to the benefit of species, the ecosystem and the landowners, say attorneys at Crowell & Moring.

  • State-Led Programs Can Speed Up Brownfield Development

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    Too often, publicly funded brownfields programs are not optimized to achieve redevelopment in the near term, but policymakers can address this problem by directing additional resources toward state-level brownfields programs that offer thoughtfully designed tax incentives and liability protection, says Gerald Pouncey at Morris Manning.

  • Questions To Ask Before Making A Lateral Move As Partner

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    Law firm partners considering lateral moves should diligently interview prospects — going beyond standard questions about compensation to inquire about culture, associate retention and other areas that can provide a more comprehensive view, says Lauren Wu at VOYLegal.

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