Residential

  • August 28, 2024

    Colo. House OKs Additional Property Tax Rate Cuts

    The Colorado House approved a legislative package Wednesday aimed at limiting property tax increases by lowering assessment rates and capping local revenue growth, sending the measures to the state Senate.

  • August 28, 2024

    BofA Hit With Suit Alleging 'Exploitative' Trust Insurance Costs

    A trust beneficiary accused Bank of America in Georgia federal court of charging a trust it manages "unnecessarily expensive" insurance coverage for a residential property, arguing the bank breached its duties both as a trustee and a fiduciary.

  • August 28, 2024

    Ohio Justices To Weigh School Board Tax Appeal Rights

    The Ohio Supreme Court agreed Wednesday to hear a school board's claims that a law that limited the rights of school boards to appeal certain property valuation decisions to a state tax board offered them a path to appeal to county courts instead.

  • August 28, 2024

    Beycome Alters Home-Sale Landscape With AI, Other Tech

    Years before recent litigation produced a $418 million settlement and revisions to the National Association of Realtors' broker rules, property technology company Beycome was already laying an alternative path to traditional real estate agent commission models to help sellers and buyers reclaim money and control in the transaction process.

  • August 28, 2024

    Fried Frank Guides $793M Refinance On High Line Condo

    Michael Barker, a real estate partner at Fried Frank Harris Shriver Jacobson, worked on a $793 million refinancing for a once-troubled luxury condominium in West Chelsea, Manhattan, according to recent mortgage filings.

  • August 28, 2024

    Petersen Health Care Delays Hearing On Ch. 11 Exec Bonuses

    Bankrupt nursing home operator Petersen Health Care told a Delaware judge Wednesday that it wanted more time to work towards a resolution with creditors and the U.S. Trustee's Office on its proposed executive incentive bonuses.

  • August 28, 2024

    NFL Concussion Litigation Funder's Case Heading For Trial

    A New Jersey federal judge has advanced a case for trial in which a litigation funder accuses a solo practitioner in the NFL concussion case of unfairly shielding assets by buying and transferring himself a house through his firm.

  • August 28, 2024

    Treasury To Require Reports On All-Cash Real Estate Deals

    Anyone who transfers real estate to a legal entity in an all-cash transaction, including attorneys, will be required starting Dec. 1, 2025, to inform the U.S. Treasury Department about that entity's beneficial owners and their identification numbers under a final rule issued Wednesday. 

  • August 28, 2024

    Riemer Braunstein Guides $105M NYC Tower Financing Deal

    Rockrose Development Corp. entity 27-34 Jackson LLC has borrowed a combined $105 million in mortgage loans from Wells Fargo for a Queens, New York, residential development project, in a mortgage loan transaction led by Riemer Braunstein LLP, according to official property records.

  • August 27, 2024

    Wells Fargo Says 'Good Faith' Efforts Ax Investors' Bias Suit

    Wells Fargo & Co. urged a California federal judge Tuesday to toss a derivative lawsuit filed by a putative class of shareholders claiming the bank's board of directors failed to address its discriminatory lending and hiring practices, saying there's evidence of "good-faith" efforts to monitor compliance in those areas.

  • August 27, 2024

    2nd Circ. Urged To Reject Preemption Defense In BofA Row

    The Second Circuit should join fellow federal courts in finding that a New York statute requiring all banks to pay at least 2% interest on mortgage-escrow accounts isn't preempted, a former Bank of America mortgage customer has told the appeals court following the U.S. Supreme Court's remand of the matter.

  • August 27, 2024

    Colo. House Advances Further Cuts To Property Tax Rates

    The Colorado House advanced legislation Tuesday to limit property tax growth, a move supporters hope will also stave off a pair of ballot initiatives that critics say would devastate schools and other local services.

  • August 27, 2024

    Madison Ave. Condo Owners File New Ch. 11

    The corporate owner of a luxury Manhattan condominium complex has filed for Chapter 11 in a New York bankruptcy court in what it says is an attempt to resolve the disputed bankruptcy filing of the partnership that owns the corporation.

  • August 27, 2024

    Citadel's Griffin Unveils Plans For Bayfront HQ Tower In Miami

    Billionaire Ken Griffin has revealed his highly anticipated plans to develop a waterfront supertall tower in Miami's Brickell Financial District to house the future headquarters of his hedge fund Citadel LLC, which he moved to the city in 2022.

  • August 27, 2024

    New Jersey Laws Attorneys Need To Know In 2024

    New Jersey Gov. Phil Murphy has signed contentious new bills into law recently that attorneys and business owners are adjusting to, including updates to the state's Open Public Records Act that make "fee shifting" more difficult, and a new wage requirement for temporary workers.

  • August 26, 2024

    LA To Pay $38.2M In FCA Suit Alleging Inaccessible Housing

    The city of Los Angeles will pay $38.2 million to settle allegations it knowingly failed, for over a decade, to ensure federally funded affordable multifamily housing properties were accessible to people with disabilities, the U.S. Department of Justice announced Monday.

  • August 26, 2024

    Businessmen Say Feds' Ky. Tower Seizure Suit Can't Proceed

    Two Miami businessmen have objected to a federal magistrate judge's recommendation opposing their attempt to toss litigation by the U.S. government as it looks to seize about $9.1 million from the sale of a Kentucky office tower, saying the United States can't prove its case.

  • August 26, 2024

    Zillow Investors Gain Class Cert. In Suit Over Home-Flipping

    A Washington federal judge has certified a proposed class of investors suing Zillow, alleging they were misled about the performance of the real estate marketplace's home-flipping program, and has appointed two firms as lead and local counsel.

  • August 26, 2024

    Tetra Tech Accuses Atty Of Mistreating Witness In FCA Row

    Tetra Tech EC Inc. claimed that an attorney representing a developer accusing it of fraud had mistreated a witness during a deposition hearing, pressing a California federal court to order the release of recordings capturing the alleged misconduct.

  • August 26, 2024

    Attorneys Break Down DOJ's RealPage Antitrust Suit

    The U.S. Department of Justice's lawsuit alleging RealPage, a commercial real estate services company favored by institutional landlords, helped manipulate the rental market contains several positive developments for landlords named in price-fixing suits brought by tenants.

  • August 26, 2024

    Fla. Court Sets Contempt Hearing On Alleged Condo Demolition

    A Florida state court has scheduled a Sept. 12 evidentiary hearing after a group of Miami condominium unit owners sought to hold a developer in civil contempt for allegedly flouting a stay order by still trying to demolish the condo.

  • August 26, 2024

    11th Circ. Won't Revive JPMorgan Chase Whistleblower Suit

    The Eleventh Circuit on Monday refused to revive a whistleblower suit against JPMorgan Chase Bank NA for allegedly forging mortgage loan documents and submitting false reimbursement claims to Fannie Mae and Freddie Mac, finding the allegations had already been publicized prior to the lawsuit.

  • August 26, 2024

    9th Circ. Won't Renew Seattle Homeowners' Insurance Row

    A group of Seattle homeowners cannot force Security National Insurance Co. to help cover a nearly $617,000 default judgment in an underlying construction defect dispute against its insured, the Ninth Circuit ruled, finding exclusions barring coverage for new construction applicable.

  • August 26, 2024

    Fox Rothschild Lands Condo Team From Armstrong Teasdale

    A team of 10 real estate attorneys from Armstrong Teasdale LLP have jumped to Fox Rothschild LLP, where they'll form the core of a new practice, the firm said Monday.

  • August 26, 2024

    At Bradley Arant, Ex-Healthcare GC Heeds 'No Surprises' Rule

    A former general counsel at home health provider Aveanna Healthcare has returned to private practice as a partner in the healthcare and real estate practices at Bradley Arant Boult Cummings LLP, and is vowing not to surprise his in-house clients with surprise legal bills — now that he's on the other side of the business.

Expert Analysis

  • Glassblowing Makes Me A Better Lawyer

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    I never expected that glassblowing would strongly influence my work as an attorney, but it has taught me the importance of building a solid foundation for your work, learning from others and committing to a lifetime of practice, says Margaret House at Kalijarvi Chuzi.

  • How NY Co-Ops Can Minimize Sale Rejections Based On Price

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    New York co-op sales are regularly rejected for being below undisclosed price minimums, and co-op boards should address this problem by sharing information more transparently and allowing some flexibility for below-market sales, say Pierre Debbas and Seth Feldman at Romer Debbas.

  • Money, Money, Money: Limiting White Collar Wealth Evidence

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    As courts increasingly recognize that allowing unfettered evidence of wealth could prejudice a jury against a defendant, white collar defense counsel should consider several avenues for excluding visual evidence of a lavish lifestyle at trial, says Jonathan Porter at Husch Blackwell.

  • High Court's BofA Ruling Leaves State Preemption Questions

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    A recent U.S. Supreme Court decision in Cantero v. Bank of America sheds light on whether certain state banking regulations apply to federally chartered banks, but a circuit split could still force the Supreme Court to take a more direct position, says Brett Garver at Moritt Hock.

  • How A Bumblebee Got Under Calif. Wildlife Regulator's Bonnet

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    A California bumblebee's listing as an endangered species could lead to a regulatory quagmire as California Department of Fish and Wildlife permits now routinely include survey requirements for the bee, but the regulator has yet to determine what the species needs for conservation, says David Smith at Manatt.

  • The Clock Is Ticking For Fla. Construction Defect Claims

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    Ahead of the fast-approaching July 1 deadline for filing construction defect claims in Florida, Sean Ravenel at Foran Glennon discusses how the state's new statute of repose has changed the timeline, and highlights several related issues that property owners should be aware of.

  • Wiretap Use In Cartel Probes Likely To Remain An Exception

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    Although the U.S. Department of Justice's Antitrust Division has recently signaled interest in wiretaps, the use of this technology to capture evidence of antitrust conspiracies and pursue monopolization as a criminal matter has been rare historically, and is likely to remain so, say Carsten Reichel and Will Conway at DLA Piper.

  • Playing Chess Makes Me A Better Lawyer

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    There are many ways that chess skills translate directly into lawyer skills, but for me, the bigger career lessons go beyond the direct parallels — playing chess has shown me the value of seeing gradual improvement in and focusing deep concentration on a nonwork endeavor, says attorney Steven Fink.

  • Debate Over CFPB Definition Of Credit Is Just Beginning

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    The Consumer Financial Protection Bureau has recently worked to expand the meaning of credit, so anyone operating on the edges of the credit markets, or even those who assumed they were safely outside the scope of this regulatory perimeter, should pay close attention as legal challenges to broad interpretations of the definition unfold, says John Coleman at Orrick.

  • A Closer Look At Feds' Proposed Banker Compensation Rule

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    A recently proposed rule to limit financial institutions' ability to award incentive-based compensation for risk-taking may progress through the rulemaking process slowly due to the sheer number of regulators collaborating on the rule and the number of issues under consideration, say attorneys at Troutman Pepper.

  • The FTC And DOJ Should Backtrack On RealPage

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    The antitrust agencies ought to reverse course on their enforcement actions against RealPage, which are based on a faulty legal premise, risk further property shortages and threaten the use of algorithms that are central to the U.S. economy, says Thomas Stratmann at George Mason University.

  • Fishing Makes Me A Better Lawyer

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    Atop the list of ways fishing makes me a better lawyer is the relief it offers from the chronic stress of a demanding caseload, but it has also improved my listening skills and patience, and has served as an exceptional setting for building earnest relationships, says Steven DeGeorge​​​​​​​ at Robinson Bradshaw.

  • Circuit Judge Writes An Opinion, AI Helps: What Now?

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    Last week's Eleventh Circuit opinion in Snell v. United Specialty Insurance, notable for a concurrence outlining the use of artificial intelligence to evaluate a term's common meaning, is hopefully the first step toward developing a coherent basis for the judiciary's generative AI use, says David Zaslowsky at Baker McKenzie.