Residential

  • February 05, 2024

    Va. Landlord Accused Of Exploitation Denied Pretrial Release

    A Virginia federal judge refused to release a Hampton-based landlord who is facing trial on allegations of exploiting Black tenants, noting the man previously violated release and will likely face a long sentence if convicted.

  • February 05, 2024

    First National Bank Strikes $13.5M Deal In NC Redlining Case

    The U.S. Department of Justice and North Carolina's attorney general said Monday that they have reached a $13.5 million settlement with First National Bank, a Pennsylvania-based regional lender, to resolve redlining claims tied to two of the Tar Heel State's largest cities.

  • February 05, 2024

    Brokerage Asks Justices To Apply Arbitration To $1.8B Verdict

    HomeServices told the U.S. Supreme Court that the Eighth Circuit wrongly rejected arbitration agreements with certain members of a class that won a $1.8 billion verdict from a Missouri jury in October against the company, Keller Williams and the National Association of Realtors.

  • February 02, 2024

    Insurance Coverage Excluded In Condo Sale, 11th Circ. Told

    An insurance company urged the Eleventh Circuit on Friday to reverse a lower-court decision forcing it to provide coverage in a Florida condominium sale gone wrong, saying it was excluded from defending a claim against a real estate agent accused of converting the transaction's proceeds.

  • February 02, 2024

    How Court Fees Can Keep Poor NYers From Inheriting Homes

    Inheriting property in New York means going through the state surrogate’s court system, where filing fees can run more than $1,000. While state law allows low-income residents to have their fees waived, legal aid attorneys say that courts sometimes refuse to apply it.

  • February 02, 2024

    Mich. Panel Rejects Attempts To Claim Foreclosure Surplus

    A Michigan state appeals court denied attempts to reclaim tens of thousands in surplus money from a county's tax foreclosure sale of two homes, finding that the parties either waited too long or wrongly applied to the court system to recover the excess funds.

  • February 02, 2024

    Matterport Stockholders Claim 'Unlawful' $220M Share Issue

    Two shareholders of 3D model maker Matterport Inc. have sued a raft of the technology company's directors, officers and investors in Delaware's Court of Chancery, asserting breach of fiduciary duty, corporate waste and unjust enrichment.

  • February 02, 2024

    Dem Sens. Float Bill To Prevent Algorithmic Price-Fixing

    A group of Democratic senators introduced a bill Friday that would prevent companies from using software to fix prices through algorithms, saying the issue has already come up in the rental housing market and could soon spread to other sectors.

  • February 02, 2024

    Timeshare Exec Can't Escape Missouri Fraud Suit

    A Missouri federal judge said an executive of a company accused of fraudulently making $90 million in a timeshare exit service scheme can't seek dismissal for a second time because he already had the chance to make his arguments.

  • February 02, 2024

    Suits Prompt Bills In Fla. To Validate Mixed-Use Condos

    Like much of the country, Florida has seen a substantial increase in mixed-use development in the past couple of decades. But with some notable court decisions spurring lawsuits challenging the legal structure of such projects, especially hotel-condominiums, state lawmakers are considering measures to solidify their place in the real estate landscape.

  • 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

    Calif. Judge Awards $4.8M To Tenants In Unlawful Rent Suit

    A California federal judge has awarded $4.8 million in damages to a certified class of Section 8 housing voucher holders who accused multiple property owners of unlawfully charging additional rent and making them get renter's insurance.

  • February 02, 2024

    Insurer Needn't Cover Contractor In Construction Injury Suit

    Evanston Insurance Co. has no duty to defend or indemnify a contractor in an underlying suit filed by a worker who was injured when he fell off a ladder at a construction site, a Washington federal court ruled Friday, saying the policy's residential construction exclusion applies.

  • 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

    9th Circ. Unblocks Seattle Graffiti Law

    The Ninth Circuit on Friday reversed and remanded a lower court's preliminary injunction against a Seattle graffiti law that banned drawing, painting or writing on property without the permission of property owners.

  • February 02, 2024

    Virginia HBCU Lands Historic Investment From Steinbridge

    Virginia Union University, a historically black school, revealed Friday that it is set to receive a roughly $40 million investment from impact investing firm Steinbridge Group, the largest investment in the university's nearly 160-year history.

  • February 02, 2024

    New Claims Emerge Over Mortgage Biz Cyberattacks

    Mortgage lenders LoanDepot Inc. and Planet Home Lending LLC are facing new proposed class claims in federal court over cyberattacks that follow a spree of recent incidents visiting the mortgage-servicing industry.

  • February 02, 2024

    Philly-Area Real Estate Pro Joins McNees Wallace

    Mid-Law firm McNees Wallace & Nurick LLC continued to expand its real estate team with the addition of an attorney with more than two decades of transactional experience to its office in the Philadelphia suburbs.

  • February 02, 2024

    DOE Off The Hook In Paying Idaho County For Nuclear Waste

    An Idaho federal judge dropped a county's suit against the U.S. Department of Energy over spent nuclear fuel storage after the agency argued the county had no standing and brought the claims too late.

  • February 02, 2024

    Md. Bill Seeks Property Tax Credits For Residential Projects

    Maryland would allow local governments to grant property tax credits for certain hotel and residential developments with the requirement that larger developments include affordable housing under legislation introduced in the state House of Delegates.

  • February 02, 2024

    Buyer Of T. Boone Pickens' Ranch Fights For Name Rights

    The new owner of T. Boone Pickens' sprawling Mesa Vista Ranch in the Texas Panhandle alleged a neighboring property owner abused the ranch trademark to advertise a land sale, according to a lawsuit filed in Texas federal court.

  • February 02, 2024

    Tenn. Bills Seek Local Programs To Change Property Values

    Tennessee would allow counties to create programs in which property owners could have their properties classified as zoning-exempt, which would allow the properties to be valued based on their current use instead of their current market value, under bills introduced in the state General Assembly.

  • February 02, 2024

    Md. Bill Would Allow Tax Hikes On Vacant Property

    Local governments in Maryland that levy property taxes could set special rates for improved residential properties that are vacant or unfit for habitation under legislation introduced in the state House of Delegates.

  • February 02, 2024

    Calif. Drywall Co. Again Short On Wages And OT, Court Told

    A California drywall company continues to underpay its workers and to prevent them from recording their overtime despite having faced several U.S. Department of Labor investigations on those issues, the state's attorney general has said in state court.

  • February 02, 2024

    Taxation With Representation: Simpson, Wachtell Lipton

    In this week's Taxation With Representation, Rise Growth Partners receives a $250 million investment, a group of investors led by Carlyle Group co-founder David Rubenstein acquires a controlling stake in MLB's Baltimore Orioles, The Cigna Group sells multiple Medicare businesses to Health Care Service Corp., and WillScot Mobile buys McGrath RentCorp.

Expert Analysis

  • 5 Ways Firms Can Rethink Office Design In A Hybrid World

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    As workplaces across the country adapt to flexible work, law firms must prioritize individuality, amenities and technology in office design, says Kristin Cerutti at Nelson Worldwide.

  • In The CFPB Playbook: Abuse Policy, PACE, Payment Apps

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    From defining "abusive" conduct to implementing green energy financing to policing payment apps, the Consumer Financial Protection Bureau was busy last quarter. Akerman's Nora Rigby discusses all this and more in the first installment of bureau activity recaps by former CFPB personnel.

  • How To Avoid Flopping When Flipping Fla. Real Estate

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    As land prices rise, Florida real estate developers are increasingly contracting to flip property to other purchasers for a profit, and they should carefully consider the unique risks and issues associated with the different forms that the process can take, says Gary Kaleita at Lowndes.

  • Ghosting In BigLaw: How To Come Back From Lack Of Feedback

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    Junior associates can feel powerless when senior colleagues cut off contact instead of providing useful feedback, but young attorneys can get back on track by focusing on practical professional development and reexamining their career priorities, says Rachel Patterson at Orrick.

  • States Must Fight Predatory Real Estate Listing Agreements

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    As momentum against long-term real estate listing agreements continues to grow, states should take action to render existing agreements unenforceable and discourage future unfair and deceptive trade practices in real estate, says Elizabeth Blosser at the American Land Title Association.

  • Steps To Success For Senior Associates

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    Adriana Paris at Rissman Barrett discusses the increased responsibilities and opportunities that becoming a senior associate brings and what attorneys in this role should prioritize to flourish in this stressful but rewarding next level in their careers.

  • Legal Profession Must Do More For Lawyers With Disabilities

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    At the start of Disability Pride month, Rosalyn Richter at Arnold & Porter looks at why lawyers with disabilities are significantly underrepresented in private practice, asserting that law firms and other employers must do more to conquer the implicit bias that deters attorneys from seeking accommodations.

  • Ohio Tax Talk: Building On Federal Affordable Housing Credit

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    Ohio's soon-to-be-implemented low-income housing tax credit could significantly affect the state's affordable housing landscape and influence tax-credit deal financing for these projects, though Senate changes may have dampened the new credit's immense potential, say Raghav Agnihotri and Rachael Chamberlain at Frost Brown.

  • Appellate Funding Disclosure: No Mandate Is Right Choice

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    The Advisory Committee on Appellate Rules' recent decision, forgoing a mandatory disclosure rule for litigation funding in federal appeals, is prudent, as third-party funding is only involved in a minuscule number of federal cases, and courts have ample authority to obtain funding information if necessary, says Stewart Ackerly at Statera Capital.

  • 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.

  • How Attys Can Avoid Exposing Their Firms To Cyberattacks

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    Attorneys are the weakest link in their firms' cyberdefenses because hackers often exploit the gap between individuals’ work and personal cybersecurity habits, but there are some steps lawyers can take to reduce the risks they create for their employers, say Mark Hurley and Carmine Cicalese at Digital Privacy & Protection.

  • Foreign Investment In Real Estate Is Getting More Complicated

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    Increasing federal scrutiny and a proliferation of new state laws targeting foreign investment in real estate may complicate or prevent transactions even by U.S. companies or funds that have shareholders or limited partners from China and other countries of concern, say attorneys at Akin.

  • Virginia 'Rocket Docket' Slowdown Is Likely A Blip

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    After being the fastest or second-fastest federal civil trial court for 14 straight years, the Eastern District of Virginia has slid to 18th place, but the rocket docket’s statistical tumble doesn't mean the district no longer maintains a speedy civil docket, says Robert Tata at Hunton.