More Real Estate Coverage
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January 05, 2024
Neb. Bill Aims To Expand Tax Break For Nonprofits' Purchases
Nebraska would expand a sales and use tax exemption for purchases by nonprofit organizations under a bill introduced in the state's unicameral Legislature.
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January 05, 2024
Del. House Bill Seeks Lodging Tax On Short-Term Rentals
Delaware would apply the state's 8% lodging tax for hotel and motel stays to short-term rentals under a bill introduced in the state House of Representatives.
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January 05, 2024
Salt Lake City, Lumen Agree To End Removal Fee Row
Salt Lake City has settled its dispute with Lumen Technologies more than two years after suing the telecom provider for $400,000, saying it had refused to pay up for the cost of moving the company's communications infrastructure from public rights-of-way during a city construction project.
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January 05, 2024
NY LLC Transparency Law Set To Lose Public Access Element
A recently signed New York law that allows the public and law enforcement to look behind the veil of limited liability companies is likely to be gutted of one of its main functions when it goes into effect in a year.
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January 05, 2024
Brookfield Buys ATC's India Telecom Portfolio For $2.5B
A Brookfield Asset Management affiliate will become India's biggest operator of telecommunications towers after agreeing to pay $2.5 billion to acquire the Indian operations of American Tower Corp.
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January 03, 2024
Seneca Nation Suit Over NY Thruway Headed For Mediation
A federal district court judge has agreed to extend the deadlines for motions in a long-running challenge by the Seneca Nation to New York over a portion of the state's thruway that runs through the federally recognized tribe's reservation land after the parties said they have agreed to pursue mediation.
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January 03, 2024
Canadian Property Co. Can't Claim Mining Loss, Court Says
A Canadian real estate company cannot claim tax losses from its predecessor, an insolvent mining company that new investors transformed into a tax shelter while disguising their control, the Tax Court of Canada said.
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January 03, 2024
NC Landowner Says Delay Voided Verizon Cell Tower Lease
A North Carolina landowner asked a federal judge to end a cell tower equipment lease with Verizon Wireless, claiming the three and a half years it took for the company to start work at the site was a delay that voided the deal.
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January 03, 2024
Shubin & Bass Co-Founder Launches Miami Boutique
The co-founder of Miami litigation boutique Shubin & Bass PA is leaving the firm after 30 years to hang his own shingle.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
Expert Analysis
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Cases Show Real-World Laws Likely Apply In Metaverse
Although much has been written about the so-called unprecedented legal issues raised by the metaverse, recent federal cases demonstrate that companies can expect metaverse activities to be policed and enforced much like they would be in the physical world, say attorneys at Crowell & Moring.
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Permitting Reform: Electric Transmission Implications
While Sen. Joe Manchin recently withdrew his energy infrastructure permitting reform proposal, it is likely that it will remain high on the congressional agenda — especially given its potential to transform authorizations and reviews for electric transmission projects, say attorneys at Steptoe & Johnson.
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Justices' Clean Water Act Queries Hint At Search For Balance
While some predict that the U.S. Supreme Court's conservative majority will use Sackett v. U.S. Environmental Protection Agency to strike a blow against the Clean Water Act, the justices' scrutiny of simplistic industry assertions during oral argument offers hope that they may render a more nuanced verdict, says Sambhav Sankar at Earthjustice.
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San Diego Arena Provides Case Study Of Surplus Land Act
A San Diego municipal sports arena property, which recently obtained approval from the California Department of Housing and Community Development, provides a valuable lesson regarding compliance with Surplus Land Act requirements, and the delays that can otherwise ensue, says Elinor Eizdi at Nossaman.
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EPA Guidance Signals Greater Enviro Justice Focus In Permits
A list of frequently asked questions recently released by the U.S. Environmental Protection Agency emphasizes environmental justice and civil rights considerations in permitting for a wide range of commercial activities across many industries, and is likely to reverberate loudly in environmental permitting for years to come, say attorneys at King & Spalding.
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Unpacking The Inflation Reduction Act's Energy Tax Credits
Provisions in the recently enacted Inflation Reduction Act that affect how taxpayers can monetize clean energy tax credits will change how clean energy projects are financed, but taxpayers that may not be allowed multiple credits need to determine which type of credit will be the most advantageous, say attorneys at BakerHostetler.
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How COVID Has Changed Project Development And Finance
Two and a half years into the pandemic, some COVID-19-specific provisions are now common in the project development and finance markets, while others are still undergoing negotiation, say Nate Galer and Katy McNeil at Mayer Brown.
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Hydrogen Sector Needs More Regulatory Certainty
While recent policy developments have raised hopes about hydrogen as a clean energy technology, unlocking hydrogen's full potential will require more clarity about how its large-scale production, transport and use will be regulated on a long-term basis, say attorneys at Troutman Pepper.
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Dropped FCPA Case Holds Key Reminder For Defense Attys
The U.S. Department of Justice’s recent decision, based on newly discovered evidence, to drop Foreign Corrupt Practices Act charges against two defendants involved in a Haitian port development project underscores the need for defense counsel to hold the DOJ to its own policies and precedents in all types of criminal cases, say attorneys at Miller & Chevalier.
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How Inflation Reduction Act Will Lift Offshore Wind Projects
The Inflation Reduction Act should promote the development of offshore wind energy in multiple ways — including by improving the planning and permitting process for transmission infrastructure, expanding potential lease areas and making beneficial changes to the tax credits available for renewable energy developers, say attorneys at Day Pitney.
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ABA Is Defending Profession's Values From Monied Influences
A recent Law360 guest article suggested that the American Bar Association ignored new opportunities for the legal industry by opposing nonlawyer ownership of law practices, but any advantages would be outweighed by the constraints nonlawyer owners could place on the independence that lawyers require to act in the best interest of their clients, says Stephen Younger at Foley Hoag.
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CORRECTED: New Tax Credits For Renewables Should Offer Investors Relief
The Inflation Reduction Act's changes to tax credits for renewable energy projects should finally liberate tax equity investors from the restraints of the complex and onerous federal anti-abuse regime, says Kay Hobart at Parker Poe. Correction: Because of an editing error, a previous version of this article incorrectly characterized tax enforcement regimes in North Carolina and other states. This error has been corrected.
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Inflation Reduction Act A Boon To Hydrogen, Carbon Capture
The Inflation Reduction Act's tax credits and direct payments, extension of existing renewable electricity subsidies, and other benefits will accelerate hydrogen and carbon capture projects across the U.S. — and will likely draw capital into the country that would otherwise have gone to projects elsewhere, say attorneys at Shearman.