More Real Estate Coverage
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March 25, 2024
BLM Adhered To Law In Granting Oil Lease Sales, Judge Rules
A D.C. federal judge has ruled in favor of the Bureau of Land Management in litigation brought by environmental groups seeking to challenge six oil and gas leases in the western United States, saying the agency did all that it was required to under the National Environmental Policy Act when it approved the lease sales.
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March 25, 2024
Owens Corning Extends $3.9B Masonite Deal Review
Construction materials manufacturer Owens Corning has agreed to give antitrust enforcers more time to review a planned $3.9 billion deal to purchase door-maker Masonite International Corp.
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March 25, 2024
Law360 2024 Real Estate Authority Editorial Board
Law360 is pleased to announce the formation of its 2024 Real Estate Authority Editorial Board, which includes leading industry experts, to provide feedback and shape coverage goals.
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March 25, 2024
Justices Won't Review 11th Circ. $285M Arbitrator Bias Suit
The U.S. Supreme Court on Monday declined to review an Eleventh Circuit decision refusing to vacate $285 million in arbitral awards issued to the operator of the Panama Canal, a case that the petitioners said raised questions about the standard by which courts may nix awards over an arbitrator's "evident partiality."
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March 22, 2024
5th Circ. Lifts SEC Climate Rule Stay After 8th Circ. Lottery Win
The Fifth Circuit on Friday lifted a temporary block on the implementation of the U.S. Securities and Exchange Commission's new emissions reporting requirements, following the selection of the Eighth Circuit as the venue for consolidated proceedings of the various suits about the agency's controversial rules.
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March 21, 2024
8th Circ. Backs Attys' Win In COVID Hotel Eviction Challenge
Two government attorneys did not violate the U.S. Constitution when they gave the green light to a Minnesota police department to forcibly remove a resident from a Super 8 motel in June 2020 amid a COVID-19 era eviction ban, the Eighth Circuit ruled in a precedential opinion Thursday, citing a "dearth of precedent."
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March 20, 2024
Philly Charter School Exec Convicted Of Embezzlement
A nonprofit executive was convicted Wednesday in Pennsylvania federal court on all 18 counts of siphoning funds from a tax-exempt educational and housing organization to live lavishly, while the same jury found a colleague guilty of conspiracy to commit fraud but absolved him of other charges.
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March 20, 2024
Faegre Drinker Adds Former Honigman Construction Pro
Faegre Drinker Biddle & Reath LLP has strengthened its construction and real estate litigation group in Chicago with Raj Patel, previously a partner with Honigman LLP, the firm said Wednesday.
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March 20, 2024
NY High Court Revives Suit Against NYC Property Taxes
A lawsuit challenging the fairness of New York City's property tax system lives on, with New York's highest court finding a group's complaint sufficiently pleads causes of action against the city for violations of New York's Real Property Tax Law and the federal Fair Housing Act.
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March 20, 2024
Intel, Commerce Dept. Forge $8.5B Logic Chip Partnership
A proposed $8.5 billion partnership between the federal government and Intel Corp. could yield thousands of jobs and up to $100 billion in logic chip facility expansion and modernization in four states.
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March 19, 2024
La. Green Groups Urge Petrochemical Plant Permit Probe
A coalition of environmental groups urged Louisiana's Supreme Court to wade into their dispute with the state concerning permits that would allow a plastics manufacturer to construct a major petrochemical facility within the state's "Cancer Alley."
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March 19, 2024
Fishers Angle For Justices' Attention With New Monument Suit
Two fishermen are challenging a 5,000-square-mile offshore national monument in a lawsuit that sets up a fight over the extent of presidential power under the Antiquities Act, an issue that has already drawn the attention of U.S. Supreme Court Chief Justice John Roberts.
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March 18, 2024
Philly Nonprofit Execs Lived Large On Co. Money, Jury Told
Jurors should not believe arguments from two nonprofit executives who are former associates of City Councilman Kenyatta Johnson who said they simply made bookkeeping mistakes and didn't concoct an alleged scheme to spend company money on things like huge bonuses, lavish vacations and bribing a Milwaukee school official, federal prosecutors said Monday.
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March 15, 2024
U. Of Wash. Opposes Question Cert. In COVID Coverage Suit
The University of Washington's board of regents urged a state court to reject a Liberty Mutual unit's motion to certify COVID-19 coverage questions to a state appeals court, pointing to the Washington Supreme Court's previous rejection of such a move in a separate case that similarly involved pleadings-stage coverage claims.
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March 13, 2024
EPA Designates First Navajo Nation Superfund Site
The U.S. Environmental Protection Agency is adding the Lukachukai Mountains Mining District in northeastern Arizona to its National Priorities List, with the district's uranium mining waste piles marking the first designated Superfund site on the Navajo Nation.
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March 13, 2024
Subpoenas Can't Skirt USPTO Discovery Rules, 4th Circ. Says
In a precedential ruling, the Fourth Circuit said Wednesday that companies can't use the subpoena power of the courts to go beyond the limits of discovery that the U.S. Patent and Trademark Office puts on deposing employees in foreign countries.
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March 13, 2024
NC City Asks State Justices To Review Homebuilders' $5M Win
The North Carolina city of Greensboro urged the state's high court to review the $5.25 million judgment won by D.R. Horton Inc. and True Homes LLC in the homebuilders' class action accusing the city of charging illegal preservice water fees.
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March 13, 2024
Tower Taxes To Partly Fund $10B Midtown NYC Bus Terminal
Tax revenue from up to three private towers would help pay for a $10 billion replacement of the aging Port Authority Bus Terminal in Midtown Manhattan, under a deal approved by New York Gov. Kathy Hochul, New York City Mayor Eric Adams and the Port Authority of New York and New Jersey.
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March 13, 2024
House Passes Bill To Streamline Federal Office Usage
The U.S. House of Representatives has voted in favor of a bill that would require federal agencies to track occupancy of office space and trim or consolidate underutilized space, months after a government watchdog report uncovered notably low occupancy rates at agency headquarters.
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March 13, 2024
Cozen O'Connor's Lobbying Arm Adds Land Use Expert In NY
The former chair of New York City's Landmarks Preservation Commission and the Board of Standards and Appeals has joined Cozen O'Connor Public Strategies, an affiliate of the international law firm Cozen O'Connor, as a senior principal.
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March 13, 2024
EB-5 Suit Says Hotel Project Tricked Non-English Speakers
A real estate investment company is facing a proposed class action in California federal court alleging it took advantage of immigrant investors' limited English by fraudulently making them agree that the company and an Embassy Suites project could keep their investments indefinitely.
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March 12, 2024
Committee Approves Bill Aimed At Blocking New Mining Rule
The House Committee on Natural Resources voted Tuesday to approve a bill aimed at blocking a proposed rule amendment by the Biden administration that would tighten the permitting process for mining projects deemed critical by the federal government despite concerns from Democrats over impacts to the environment and Native American sacred sites.
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March 12, 2024
Judge Questions If Citibank Can Avoid Escrow Theft Burden
A Washington appellate judge questioned Tuesday if Citibank and a loan servicer could escape liability after a rogue escrow agent stole nearly $1 million from a real estate company's refinancing deals, suggesting during oral arguments that the bank gets loan payments as successor lender and should bear some burden.
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March 12, 2024
La. Property Owners, Insurers Settle $5M Hurricane Ida Fight
Lloyd's of London and other insurers and underwriters have agreed to settle claims by a group of New Orleans-area property owners who allege the insurers wrongly denied more than $5.1 million in claims from Hurricane Ida damage after the insurers demanded the dispute be resolved in arbitration.
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March 11, 2024
Corps Says Groups Can't Show Dredging Permit Was Flawed
The U.S. Army Corps of Engineers and an Enbridge Inc. unit told the Fifth Circuit that several groups challenging a permit issued for dredging and construction for the expansion of a major oil terminal on Texas's Gulf Coast may want a different outcome but can't show any permitting decisions were flawed.
Expert Analysis
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5 Key Issues In Acquiring Transportation Infrastructure Assets
There is a growing trend of governmental agencies contracting and leasing viable operating transportation infrastructure assets. Such opportunities for the private sector may exist in connection with any contemplated upgrade, extension or other modification of an asset that a governmental entity needs to finance, say José Morán and Juan Gonzalez of Baker McKenzie.
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California Is Filling The Gaps In The Clean Water Act
As the Trump administration takes steps to shrink the scope of federal Clean Water Act jurisdiction, California has issued regulations establishing stricter oversight of discharges to waters in the state. Members of the regulated community must understand the state's expansive new definitions of "waters" and "wetlands," says Joshua Bloom of Environmental General Counsel.
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Now In Congress: Budget, Nominations, Mueller Report
As both chambers of Congress grapple with difficult decisions on appropriations bills, there is partisan rancor over President Donald Trump's budget proposal, the report of special counsel Robert Mueller, and rule changes for debate over presidential nominations, says Layth Elhassani of Covington & Burling.
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How Rebuilding America's Infrastructure Is Going So Far
Despite piecemeal legislative efforts, little has been done in two years to further President Donald Trump’s promise to rebuild America's crumbling infrastructure — but a federal infrastructure bill may be on the horizon, say attorneys at Jones Day.
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Rules For Mass. Discrimination Claims Could Get Revamped
While most of the proposed procedural changes at the Massachusetts Commission Against Discrimination appear to be designed for the convenience and efficient operation of the commission, a few may leave some complainants at a disadvantage, say Brian MacDonough and Jaclyn McNeely of Sherin and Lodgen.
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What EU Investment Screening Will Mean For Dealmakers
Last week, the European Council approved a regulation to screen foreign direct investment into European Union member states on national security grounds. Dealmakers considering near-term transactions with a nexus to the EU will need to evaluate how the new regulations may impact deal timelines, disclosures, certainty and costs, say attorneys with Kirkland & Ellis LLP.
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Constitutional Force-Pooling Arguments Face Uphill Battle
Opponents of oil and gas development in Colorado have brought constitutional challenges to the state's process for force-pooling mineral rights in federal court. But their Fifth and Fourteenth Amendment arguments were recently rejected by a federal court in Ohio in a separate case, say Ivan London and Zachary Fitzgerald of Bryan Cave Leighton Paisner LLP.
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Contractors Should Prepare For Border Wall Reallocation
The funding provisions of President Donald Trump's national emergency declaration for the border wall could affect hundreds of military construction projects, contractors and subcontractors. Smart contractors should act now to protect their interests, says Lucas Hanback of Rogers Joseph O’Donnell PC.
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Now In Congress: State Of The Union, Border Wall, Syria
Amid concern that the impasse over a southern border wall might lead to another government shutdown, President Donald Trump's first State of the Union address since the Republican Party lost control of the House of Representatives in the midterm elections offered a blend of bridge-building and confrontation, says Layth Elhassani of Covington & Burling LLP.
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Can A Driller Trespass While Fracking On Its Own Lease?
In Briggs v. Southwestern Energy Company, the Pennsylvania Supreme Court will review whether a driller can be held liable in trespass for hydraulically fracturing a well located entirely on its own lease site. The decision could spur a wave of litigation in the nation's largest shale gas producing region, says Donald Jackson of McGinnis Lochridge.
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Constitutional Challenges To Pipeline Takings Face Obstacles
In a petition to the U.S. Supreme Court, the plaintiffs in Berkley v. Mountain Valley Pipeline claim the Natural Gas Act does not preclude district court review of constitutional objections to the law. However, their arguments are at odds with Supreme Court precedent, says Clay Massey of Alston & Bird LLP.
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2 Circuits Clear Up NGA Questions For Pipeline Cos.
Recent decisions from the Sixth and Eleventh Circuits address several common procedural issues in a manner favorable to pipeline companies seeking immediate possession in Natural Gas Act condemnations, says Arthur Schmalz of Hunton Andrews Kurth LLP.
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Receiverships May Be Particularly Useful For New Industries
Now more than ever, receiverships can help troubled enterprises when bankruptcy is not an option. In addition to Ponzi schemes and securities and real estate fraud, receiverships are increasingly used in cryptocurrency matters and cases of EB-5 immigrant investor program fraud, say Ira Bodenstein of Fox Rothschild LLP and Brian Soper of BMS.