More Real Estate Coverage

  • January 03, 2024

    Equinor, BP Scrap Offshore Wind Farm Deal With NY

    Equinor on Wednesday said it's terminating its power contract with New York state for its Empire Wind 2 offshore wind farm, just months after state regulators rejected the energy company's plea to receive additional funding to counter macroeconomic headwinds buffeting U.S. offshore wind development.

  • January 02, 2024

    Cole Schotz Names 6 Attys As Members In 3 US States

    Cole Schotz PC said Tuesday that it has kicked off the new year by tapping six of the law firm's attorneys to become members at its Florida, Maryland and New Jersey offices.

  • January 02, 2024

    Fla. Says Tribe Misreads 'Indian Lands' In Water Permit Suit

    Florida has once again urged a federal judge to hand it a win in a tribe's lawsuit challenging the U.S. Environmental Protection Agency's approval of the state's effort to take over a Clean Water Act permitting program, arguing that the tribe's theory of "Indian lands" is wrong.

  • January 02, 2024

    Pipeline Project Asks Court For Access To Harris County Land

    An energy company constructing a natural gas pipeline through southeast Texas asked a state court Tuesday to appoint several Houston landowners to assess the amount of damages that will be owed through its access to land in Harris County. 

  • January 01, 2024

    Energy Legislation And Regulation To Watch In 2024

    While a looming presidential election means that significant Congressional action on energy policy likely isn't in the cards, there are big-ticket regulatory items that are poised to cross the finish line. Here are several legislative and regulatory moves that energy attorneys will be watching in 2024.

  • December 22, 2023

    Property Plays: Seyfarth, Taurus, Sila Realty

    Seyfarth Shaw guided a $98 million sale of two Arizona office buildings, Taurus Investment Holdings has sold a Florida business park for $42.75 million, and Sila Realty Trust has sold a Texas hospital for $258.4 million.

  • December 22, 2023

    PHH Mortgage Loan Officers Win Collective Cert. In OT Suit

    A group of loan officers has won certification as a class in a collective action that alleges PHH Mortgage Corp. violated labor laws by not calculating and paying overtime pay correctly.

  • December 21, 2023

    Zoning Regs Prohibit Gun Club's 'RV Park,' Wash. Judges Say

    A proposed Spokane-area shooting range can't offer overnight parking for recreational vehicles during sporting events, the Washington Court of Appeals ruled on Thursday, agreeing with a neighboring cemetery that county regulations prohibit RV parks within the rural zone encompassing the site.

  • December 21, 2023

    Investment Tax Credit Regs Could Limit Renewable Gas

    The Inflation Reduction Act contained major tax breaks for the biogas industry, but recent proposed rules for the law's investment tax credit could leave producers of renewable natural gas, a refined form of biogas used as transportation fuel, out in the cold.

  • December 21, 2023

    Montana Camp Operator Seeks Stay In Tribal Lease Dispute

    A Montana campground operator is asking a federal district court for a stay on an order that found in favor of the Blackfeet Indian Nation in a decadelong land lease dispute, saying the ruling will likely cause it to liquidate its assets before an appeal on the issue is resolved.

  • December 21, 2023

    Utica Owes Coverage In Slip-And-Fall Suit, Travelers Says

    Travelers told a New York federal court Thursday that the insurer for a subcontractor owes primary coverage to the primary contractor for an underlying suit claiming a pedestrian slipped on wet concrete outside a Bronx construction site.

  • December 21, 2023

    Keep Mortgage Fraudster In Jail While Appealing, Feds Say

    The federal government urged a New York federal judge to not allow a woman convicted of bank and wire fraud out on bail pending her appeal, arguing her reasoning for bail is unsupported and she shouldn't be allowed to walk free. 

  • December 21, 2023

    Finnish Asset Manager Sells 17 Properties For €100M

    A unit of Finland's eQ Group agreed Thursday to sell 17 healthcare properties to an affiliate of Danish real estate investment company Nrep for roughly €100 million ($110 million) in a deal aimed at improving efficiency for its Helsinki operations.

  • December 21, 2023

    Feds, Osage Nation See Win In Wind Farm 'Mining' Row

    A federal judge in Oklahoma largely granted summary judgment to the U.S. government and Osage Nation in their long-running wind farm dispute with Enel Green Power North America Inc. and two subsidiaries, and ordered the ejectment of 84 wind turbines after the companies failed for years to get a required mineral lease.

  • December 21, 2023

    How Miami Law Firms Combined To Meet Condo Law Demand

    To help meet a spike in the demand for condominium and construction law expertise in South Florida, Haber Law recently brought on the entire seven-attorney team from boutique Gursky Ragan PA, which specializes in construction and condominium law. Law360 Pulse recently caught up with the founders of the two firms to learn more about the combination and the market for their services in the Sunshine State.

  • December 20, 2023

    9th Circ.'s 1st Hidden Rain Damage Ruling Favors Insurers

    Taking up the matter of hidden water damage for the first time, a Ninth Circuit panel affirmed that former insurers of a Washington condo don't have to cover more than $8.9 million in wind-driven rain damage because the claims came decades too late.

  • December 20, 2023

    Biden Admin Tells 10th Circ. To Uphold Monument Rulings

    The Biden administration is urging the Tenth Circuit to back a pair of lower court rulings finding its two proclamations redesignating large swaths of southern Utah as part of the Bears Ears and Grand Staircase-Escalante national monuments do not exceed presidential limits under federal law.

  • December 20, 2023

    DOJ, CFPB Hit Texas Lender With 1st Predatory Lending Suit

    The U.S. Department of Justice and the Consumer Financial Protection Bureau have brought a precedent-setting predatory lending suit against a Texas real estate developer and lender, alleging that it participated in a "bait and switch land sale scheme" that targeted Spanish-speaking borrowers. 

  • December 20, 2023

    Developer Faces Accessibility Suit Over 3 NYC Properties

    The Fair Housing Justice Center has filed suit against New York City developer Chess Builders LLC and a handful of affiliates and architect partners in federal court, saying fair housing testers reported numerous inaccessible features at three new developments.

  • December 20, 2023

    The Biggest Environmental Regulatory Actions Of 2023

    The Biden administration continued to strengthen environmental regulations during 2023, finalizing rules that imposed new asbestos reporting requirements, banning some uses of hydrofluorocarbons and cracking down on methane emissions, as well as floating a new proposal to control greenhouse gas pollution from power plants — but a signature Clean Water Act action was dealt a devastating blow by the U.S. Supreme Court. Here are some of the top environmental policy developments in 2023.

  • December 19, 2023

    Ga., Park Service Want Out Of Suit Over Island's Feral Horses

    The U.S. Department of the Interior, National Park Service authorities and two Georgia commissioners told a state federal judge Tuesday that a lawsuit claiming they unlawfully allowed malnourished feral horses to run roughshod on Cumberland Island must be thrown out.

  • December 19, 2023

    Sackett Warrants Win For La. Landowner, 5th Circ. Says

    The Fifth Circuit declared "enough is enough" Monday, freeing a Louisiana pine timber plantation from the U.S. Army Corps of Engineers' claim that its property contains Clean Water Act-protected wetlands, citing a recent important U.S. Supreme Court decision.

  • December 19, 2023

    FERC Approved Unneeded La. LNG Pipeline, DC Circ. Told

    The Federal Energy Regulatory Commission unlawfully approved an unneeded project when it gave the go-ahead to a Tellurian subsidiary's $1.4 billion plan to construct 67 miles of gas pipelines in Louisiana to feed a liquefied natural gas export terminal, environmental groups told the D.C. Circuit.

  • December 19, 2023

    Chiesa Shahinian Makes Leadership Moves For RE 'Explosion'

    Chiesa Shahinian and Giantomasi PC has announced a reorganization of its real estate department with the establishment of teams for taxation and for redevelopment, land use and zoning, and the promotion of longtime experts from within the firm to lead them.

  • December 18, 2023

    Contractor Brings $285M Arbitrator Bias Case To High Court

    A contractor enlisted on a multibillion-dollar project to widen the Panama Canal has urged the U.S. Supreme Court to review an Eleventh Circuit decision refusing to vacate $285 million in arbitral awards, arguing the justices must resolve lingering confusion over the vacatur standard for evident partiality.

Expert Analysis

  • Sackett Ruling, 'Waters' Rule Fix Won't Dry Up Wetlands Suits

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    In the wake of the U.S. Supreme Court's recent ruling in Sackett v. U.S. Environmental Protection Agency narrowing the scope of Clean Water Act protections, the Biden administration is amending its rule defining "waters of the United States" — but the revised rule will inevitably face further court challenges, continuing the WOTUS legal saga indefinitely, say attorneys at Milbank.

  • The Supreme Court Is At War With Itself On Extraterritoriality

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    The U.S. Supreme Court recently issued two conflicting pronouncements about the presumption against extraterritoriality without acknowledging the tensions between these decisions, which leaves lower courts, practitioners and potential defendants in the dark, says Jonah Knobler at Patterson Belknap.

  • Level Up Lawyers' Business Development With Gamification

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    With employee engagement at a 10-year low in the U.S., there are several gamification techniques marketing and business development teams at law firms can use to make generating new clients and matters more appealing to lawyers, says Heather McCullough at Society 54.

  • C-PACE Laws Offer Boost For Sustainable Development

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    As more emphasis is placed on energy-efficient infrastructure and sustainability projects, state laws establishing property assessed clean energy financing — known as C-PACE in the commercial context — have become increasingly relevant to project developers' capital stacks, say attorneys at Frost Brown.

  • RICO Ruling Makes US More Attractive Foreign Creditor Forum

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    The U.S. Supreme Court's decision in Yegiazaryan v. Smagin, allowing a foreign plaintiff to use the Racketeer Influenced and Corrupt Organizations Act to enforce a foreign arbitral award, will make judgment creditors more likely to seek out U.S. courts to remedy efforts to frustrate the enforcement of international arbitration awards, say attorneys at Paul Hastings.

  • IRS Guidance Powers Up Energy Tax Credit Transfers

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    Recent IRS guidance on the monetization of energy tax credits provides sufficient clarity for parties to start negotiating transfer agreements, but it is unclear when the registration process required for credits to change hands will be up and running, say attorneys at Shearman.

  • LA's High-Value Real Estate Transfer Tax Should Be Scrapped

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    Los Angeles’ recently implemented high-value property transfer tax has chilled the real estate market, is failing to meet revenue expectations and raises significant constitutional concerns, making it a flawed piece of legislation that should be invalidated, says attorney Paul Weinberg.

  • Sackett's US Waters Redefinition Is A Boon For Developers

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    The U.S. Supreme Court's recent landmark ruling in Sackett v. U.S. Environmental Protection Agency should reduce real estate project delays, development costs and potential legal exposures — but developers must remain mindful of how new federal and state regulations governing wetlands could affect their plans, say attorneys at Morris Manning.

  • SEC Form PF Amendments Show Private Fund Adviser Focus

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    The U.S. Securities and Exchange Commission recently adopted amendments to Form PF that will establish new event-reporting requirements for private equity and large hedge fund advisers, reflecting the SEC's increased attention on the private markets also seen in its stated examination priorities and latest rule proposals, say attorneys at King & Spalding.

  • What Tax-Exempt Orgs. Need From Energy Credit Guidance

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    Guidance clarifying the Inflation Reduction Act’s credit regime, expected from the U.S. Department of the Treasury this summer, should help tax-exempt organizations determine the benefits of clean energy projects and integrate alternative energy investments into their activities, say attorneys at Morgan Lewis.

  • As Sackett Trims Feds' Wetlands Role, States May Step Up

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    The U.S. Supreme Court's recent decision in Sackett v. U.S. Environmental Protection Agency extinguishes federal authority over many currently regulated wetlands — meaning that federal permits will no longer be required to discharge pollutants in affected areas, but also that state regulators may take a more active role, say attorneys at Kelley Drye.

  • How Fla. Tort Reform Will Shift Construction Defect Suits

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    Recent modifications to Florida's private statutory action rules for building code violations and to the statute of limitations and repose for defect claims significantly clarify ambiguity that had existed under previous rules, and both claimants and defendants should consider new legal arguments that may become possible, say Ryan Soohoo and George Truitt at Cole Scott.

  • The Nuts And Bolts Of IRS Domestic Content Tax Credit

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    Recent IRS guidance provides specifics on how renewable energy projects can qualify for bonus tax credits by meeting U.S. domestic content rules, but also creates a qualification framework that will be complicated for project developers to navigate, say Scott Cockerham and Wolfram Pohl at Orrick.

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