Commercial

  • April 08, 2025

    Rhodium Gets OK For $185M Settlement With Landlord

    A Texas bankruptcy judge on Tuesday approved a $185 million asset sale to settle a dispute between Rhodium Encore and its remaining landlord that will allow the bankrupt cryptocurrency miner to wipe out its debt with enough left over to pay shareholders.

  • April 07, 2025

    VA Plans Office Expansions Amid Federal Leasing Pullback

    The U.S. General Services Administration notified Congress of its plans to relocate, expand or consolidate existing U.S. Department of Veterans Affairs medical facility leases to the tune of an extra $205 million annually, even as the federal government sheds leases to cut costs.

  • April 07, 2025

    DOJ Says Partnerships Can't Wipe Out $4M Tax Lien

    Two partnerships cannot use a mortgage sale to foreclose on properties and wipe out the government's $4 million tax lien on a couple's real estate, the U.S. told a Washington federal court.

  • April 07, 2025

    Honigman Hires Ex-Ice Miller Real Estate Atty In Chicago

    Honigman LLP added former Ice Miller LLP partner Michael R. Tirman as a real estate transactions partner in its Chicago office, the firm announced Monday.

  • April 07, 2025

    Ex-TBS GC Chairs CoStar Board In Latham-Advised Refresh

    Latham & Watkins LLP advised CoStar Group on a "refreshment" of the company's board of directors that includes a new role for a former Turner Broadcasting Systems general counsel, according to a Monday announcement that follows pressure from hedge funds D.E. Shaw and Third Point.

  • April 07, 2025

    Denver Builder Says Ex-Employee Stole Info For Competitor

    A full-service general building contractor has accused a former employee and an industry rival in Colorado state court of using stolen confidential business information to make a competitive bid for a 2025 "large scale" Colorado project that's anticipated to create more than $20 million in revenue.

  • April 07, 2025

    In New York, Law Firms Are Staying Put

    Many law firms are opting to stay in their current offices in New York City. Here, Law360 Pulse looks at what is driving their decisions.

  • April 07, 2025

    NYC Real Estate Week In Review

    Proskauer and Mermel Associates are among the law firms that scored work on the largest New York City real estate deals that hit public records last week, with a large Extell Development buy leading the way.

  • April 07, 2025

    Goldberg Segalla Adds Hospitality, Retail Atty In Palm Beach

    Litigation firm Goldberg Segalla LLP said it has added retail and hospitality attorney Jason R. Hepperly to its office in West Palm Beach, Florida.

  • April 07, 2025

    Montana To Appraise Taxable Real Property Every 2 Years

    Montana will reappraise most taxable real property every two years under a bill signed by the governor.

  • April 07, 2025

    CBRE Chief Legal Exec Raked In $3.4M As GC Last Year

    CBRE's newly crowned chief legal and administrative officer Chad Doellinger was paid $3.39 million in 2024, a year in which the executive served as the commercial real estate services firm's general counsel, per a securities filing.

  • April 07, 2025

    Supreme Court Declines Review Of NY Concealed Carry Law

    The U.S. Supreme Court said Monday that it won't review a New York state law requiring "good moral character" as a prerequisite to obtaining a gun permit, passing on an opportunity to resolve what firearm rights advocates called a circuit split on how the high court's decision in Bruen is interpreted.

  • April 04, 2025

    Hilco To Fight $177M GSA Deal Cancellation

    Hilco Development Services said it will fight the General Services Administration's decision to cancel its $177 million sale of a decommissioned federal government building in California to the construction company.

  • April 04, 2025

    Liberty Mutual Must Cover Trafficking Suits, Red Roof Says

    Red Roof Inn is entitled to a defense from Liberty Mutual for 11 underlying suits involving alleged human trafficking at various hotel locations, the company told an Ohio federal court Friday, saying the insurer has reneged on its agreement to provide coverage.

  • April 04, 2025

    Fla. House Bill Would Cut General Sales Tax Rate, Other Rates

    Florida would reduce the state's general sales tax rate and other sales tax rates, including the rates imposed on commercial rent, electricity and sales of new mobile homes, by three-quarters of a percentage point under a bill introduced in the state House of Representatives.

  • April 04, 2025

    Ogletree To Move To Smaller Atlanta Office Next Year

    Ogletree Deakins Nash Smoak & Stewart PC is planning to move to a smaller and more modern office in Atlanta early next year, occupying a floor in the Bank of America Plaza building and leaving its longtime location in two floors at 191 Peachtree Tower, the firm's chief administrative officer told Law360 Pulse on Friday.

  • April 04, 2025

    NY Youth Welfare Org Snags $9M Real Estate Bid In Ch. 11

    Bankrupt youth mental health provider St. Christopher's Inc. is asking a New York bankruptcy court to approve the private sale of a 22.1 acre property for $9 million.

  • April 04, 2025

    Blank Rome Expands Dallas Bench With Solo Real Estate Atty

    Blank Rome LLP has added an attorney in Dallas from a solo practice, further expanding the firm's national real estate group.

  • April 04, 2025

    Foster Garvey Hires Ex-Karr Tuttle Real Estate Atty

    Foster Garvey PC has brought on a former Karr Tuttle Campbell shareholder as a principal for its real estate, land use and environmental team in Seattle, the firm announced.

  • April 04, 2025

    Office Snapshot: Zuckerman Spaeder Finds New Home In DC

    Nearly 50 years after opening its doors in the nation's capital, the Washington, D.C., litigation boutique Zuckerman Spaeder LLP has relocated its longtime office on M Street to a new, more modern building nearby.

  • April 04, 2025

    Multiple Attorneys Have Moved Into New Stinson LA Space

    Multiple lawyers have moved into a new Stinson space in Los Angeles, former Dykema real estate attorneys who've just joined Stinson told Law360 Real Estate Authority.

  • April 03, 2025

    Ex-Judge, Profs Ask Justices To Weigh 9th Circ. Ch. 7 Ruling

    A former bankruptcy judge and five law professors have asked the U.S. Supreme Court to review a Ninth Circuit opinion protecting the state of Montana from a real estate mogul and Montana ski resort founder's bid for damages over an involuntary Chapter 7 the state initiated.

  • April 03, 2025

    Laos Can't Get $5M Award Enforced Against Businessman

    A federal judge on Thursday shut down the government of Laos' bid to enforce some $5 million in arbitral awards against an entrepreneur who was not party to an underlying arbitration stemming from an ill-fated casino venture, saying the actual award debtors are the ones that should be targeted.

  • April 03, 2025

    Fulton Bank Keeps $7.7M Win In Pa. Development Loan Fight

    The Pennsylvania Superior Court has affirmed a $7.7 million judgment in favor of Fulton Bank in legal battle with developers over construction loans used to build a manufactured home community, reasoning the companies' arguments that they were entitled to a jury trial didn't move the needle in their favor.

  • April 03, 2025

    Real Estate Lawyers On The Move

    Blank Rome, Greenberg Traurig and Troutman are among the law firms that have made recent real estate hires.

Expert Analysis

  • Climate Among Many Factors Driving Up RE Insurance Costs

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    A proactive approach to risk management may determine the viability of the U.S. commercial real estate sector as weather crises and other factors drive insurance costs higher, says Ulrick Matsunaga at Crosbie Gliner.

  • Bid Protest Spotlight: Debriefings, Timeliness, Documentation

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    ​James Tucker at MoFo examines three recent decisions from the Federal Circuit, the U.S. Government Accountability Office and the U.S. Court of Federal Claims concerning an agency's decision not to hold post-award discussions, a timeliness trap in certain Federal Supply Schedule procurements and the importance of providing contemporaneous documentation in price-evaluation protests.

  • A Look At Recent Case Law On Expedited Judgment In NY

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    A number of recent New York state court decisions clarify and refine the contours surrounding Civil Practice Law and Rule 3213, providing landlords, lenders and other payees guidance on how to seek accelerated judgment in certain litigation, says Alexander Lycoyannis at Holland & Knight.

  • Dealmaker Lessons From CFIUS' New Enforcement Webpage

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    The Committee on Foreign Investment in the United States’ recently launched webpage, which details the actions — and inactions — that led to enforcement activity, provides important insights for dealmakers about filing requirements, mitigation commitments and the cost of noncompliance, say attorneys at Dechert.

  • Reassessing Lease Provisions To Account For ESG Initiatives

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    As companies seek to build ESG considerations into their businesses, it's crucial to understand how such initiatives can quickly become significant enough to compel reassessment of lease agreement provisions, and how best to modify leases accordingly, say Julian Freeman and Gabe Pitassi at Cox Castle.

  • Avoid Getting Burned By Agencies' Solar Financing Spotlight

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    Recently coordinated reports and advisories from the U.S. Department of the Treasury, the Consumer Financial Protection Bureau and the Federal Trade Commission maximize the spotlight on the consumer solar financing market and highlight pitfalls for lenders to avoid in this burgeoning field, says Mercedes Tunstall at Cadwalader.

  • Co-Tenancy Clause Pointers For Shopping Center Landlords

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    Large retail tenants often require co-tenancy provisions in their leases, entitling them to remedies if a shopping center's occupancy drops in certain ways, but landlords must draft these provisions carefully to avoid giving tenants too much control, says Gary Glick at Cox Castle.

  • Assessing Algorithmic Versus Generative AI Pricing Tools

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    A comparison of traditional algorithmic pricing models and those powered by generative artificial intelligence can help regulators and practitioners weigh the pros and cons of relying on large language models to price products or services, say Maxime Cohen at McGill University, and Tim Spittle and Jimmy Royer at Analysis Group.

  • Navigating A Potpourri Of Possible Transparency Act Pitfalls

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    Despite the Financial Crimes Enforcement Network's continued release of guidance for complying with the Corporate Transparency Act, its interpretation remains in flux, making it important for companies to understand potentially problematic areas of ambiguity in the practical application of the law, say attorneys at Sidley.

  • Keys To Successful Commercial Property Insurance Claims

    Excerpt from Practical Guidance
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    While insurance needs for commercial leasing arrangements are driven by the characteristics of the premises and the nature of the tenants' intended operations, there are several universal best practices landlords and their counsel can follow when making claims after loss or damage.

  • Tips For Handling Single Asset Real Estate Bankruptcy Cases

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    Bankruptcy counsel should consider several strategies when representing either a debtor or lender in single asset real estate debtor Chapter 11 cases, which generally arise when a debtor is forced to file for relief to stop an impending foreclosure sale.

  • Increased Scrutiny Raises Int'l Real Estate Transaction Risks

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    Recently proposed regulations expanding the Committee on Foreign Investment in the United States' oversight, a White House divestment order and state-level legislative efforts signal increasing scrutiny of real estate transactions that may trigger national security concerns, say Luciano Racco and Aleksis Fernández Caballero at Foley Hoag.

  • Portland's Gross Receipts Tax Oversteps City's Authority

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    Recent measures by Portland, Oregon, that expand the voter-approved scope of the Clean Energy Surcharge on certain retail sales eviscerate the common meaning of the word "retail" and exceed the city's chartered authority to levy tax, say Nikki Dobay at Greenberg Traurig and Jeff Newgard at Peak Policy.