More Real Estate Coverage
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February 21, 2024
Biogas Investment Tax Credit Still Needs Tweaks, IRS Told
While the IRS clarified that the clean energy investment tax credit would cover eligible upgrading equipment integral to biogas properties, the industry could get a boost if final rules allow separate ownership of the equipment, stakeholders told the agency Wednesday.
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February 21, 2024
Green Groups Press FERC To Rescind Tenn. Pipeline Approval
Environmentalists on Tuesday urged the Federal Energy Regulatory Commission to undo its approval of a Tennessee pipeline project that will serve a Tennessee Valley Authority gas-fired power plant that is replacing a coal-fired plant, saying the agency botched its consideration of the project's climate change impacts.
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February 20, 2024
Fond Du Lac Tribe Seeks Sanctions In Mining Land Suit
The Fond du Lac Band of Lake Superior Chippewa Indians has asked a Minnesota federal judge to sanction PolyMet Mining Inc. in the tribe's suit over a land swap for a copper and nickel mine, arguing that the company and its lawyers are obstructing the discovery process.
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February 20, 2024
5th Circ. Seeks Texas Justices' Input On LNG Permit Fight
The Fifth Circuit has yanked its prior ruling that scrapped an emissions permit issued by Texas environmental regulators for a proposed liquefied natural gas terminal, saying it wants the state's Supreme Court to weigh in on how to define the best available pollution control technology under Texas law.
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February 20, 2024
Landlord Bias Can Be Eviction Defense, Colo. Justices Say
The Colorado Supreme Court ruled Tuesday that tenants facing eviction can raise allegations of a landlord's discrimination or retaliation as a defense, directing a trial court to take another look at the case of a woman who accused her landlord of trying to boot her because she refused to have sex with him.
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February 20, 2024
New Yorker Writer Pans Subpoena Over Adams' Ties To Pastor
A writer for The New Yorker said that being forced to testify about an indicted Brooklyn pastor's ties to Mayor Eric Adams would step on journalistic privilege, arguing that Manhattan federal prosecutors could instead rely on other sources.
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February 20, 2024
IRS Issues Fix For Tax Treatment Of Gas Upgrading Equipment
The Internal Revenue Service issued a correction clarifying the tax treatment of certain gas upgrading equipment under proposed rules related to the energy credit.
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February 20, 2024
Justices Won't Review Partnership's $26M Easement Row
The U.S. Supreme Court declined Tuesday to hear a partnership's bid to keep a $26.5 million deduction for a land conservation easement, letting stand a decision that the case was barred by a law that prohibits suits that restrain the collection of taxes.
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February 16, 2024
Florida Loses Wetland Permitting Authority In D.C. Court Case
A D.C. judge has stripped Florida of its federally delegated authority to permit wetlands development, ruling that U.S. environmental regulators failed to analyze the impact of their decision on endangered and threatened species and handing a victory to conservation groups challenging the program.
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February 16, 2024
Gov't Wants More Alaskan Native Reps On Subsistence Board
The U.S. government has plans to strengthen Alaskan Native tribal representation on its Federal Subsistence Board, saying the U.S. Department of the Interior and the U.S. Department of Agriculture have proposed a new rule to add board members with personal experience of subsistence living in rural Alaska.
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February 16, 2024
Feds Tell 1st Circ. Mass. Wind Farm Approval Was Sound
The federal government has said a Massachusetts federal judge properly dumped a challenge lodged by commercial fishing groups seeking to upend federal approvals of the Vineyard Wind project, telling the First Circuit that the record shows federal agencies thoroughly studied the project's potential impacts.
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February 15, 2024
Software Company Seeks $10M Policy Limit For Bad Deal
A software company told a California federal court that its insurer breached its contract by failing to cover $10 million in damages suffered because of misrepresentations made by a property and casualty insurance software company it bought.
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February 15, 2024
New York Says Thruway Doesn't Cut Through Cayuga Land
New York state officials are asking a federal district court to dismiss litigation by the Cayuga Nation that seeks a cut of the tolls collected on the New York State Thruway, arguing that the tribe can't prove it had possession of the land over which the highway was being built.
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February 14, 2024
Navajo Say Hopi Tribe Bid To Join Land Trust Suit Is Untimely
The Navajo Nation has said the Hopi Tribe's attempt to intervene in its lawsuit against the U.S. government over a land trust and casino road easement dispute is untimely, coming after nearly four years of litigation.
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February 14, 2024
Mass. Court Doubts Northeastern Vowed To Keep Land Public
Massachusetts Appeals Court justices appeared Wednesday to question a claim by the town of Nahant and a group of residents that Northeastern University had implicitly dedicated oceanfront land it acquired in the 1960s as a wildlife preserve and park by allowing public access for decades.
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February 13, 2024
Calif. Clean Energy Storage Secures $350M From Blackstone
Arevon Energy Inc. said Tuesday that it closed on financing for a California renewable energy storage facility, including $350 million from a Blackstone unit in the form of preferred equity, with guidance from three law firms.
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February 13, 2024
DC Circ. Again Nixes Challenge To FERC Pipeline Powers
The D.C. Circuit has reinstated its prior judgment affirming a lower court's dismissal of Virginia landowners' constitutional challenge to the Federal Energy Regulatory Commission's approval of the Mountain Valley Pipeline, nearly a year after the U.S. Supreme Court remanded the case.
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February 12, 2024
Utah Defends Standing In Monument Cases Before 10th Circ.
The state of Utah has doubled down in urging the Tenth Circuit to reverse a Utah federal judge's decision dismissing the state's challenge of the Biden administration's redesignation of large swaths of land as part of two national monuments, saying its case should have readily survived the motions to dismiss that led to its downfall.
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February 12, 2024
Tree Removal Mixup Merits Coverage, Homebuilder Tells Court
A homebuilder's insurer must defend it in litigation over the accidental removal of 66 trees in an adjacent lot, the homebuilder told a Texas federal court, arguing the tree removal was accidental and thus an occurrence under its commercial general liability policy.
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February 09, 2024
State Farm Defends Pricing Setting Insured Says Shorted Her
State Farm Fire and Casualty Co. renewed its bid to toss a Mississippi homeowner's proposed class action over allegations it intentionally underpaid fire damage claims, arguing it was correct to use a "new construction" setting in its pricing software that led to lower recoverable labor costs.
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February 09, 2024
Property Plays: MCR, Black Spruce, Willow Bridge
MCR has landed $333 million in refinancing for a multistate hotel portfolio, Black Spruce Management has scored $146 million in financing for a Manhattan multifamily property, and Willow Bridge Property has landed $175 million in financing for three multifamily properties.
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February 09, 2024
DOI Accused Of Delaying Coal Mine Enviromental Review
Signal Peak Energy has slapped the U.S. Department of the Interior with a complaint in D.C. federal court accusing the agency of unlawfully delaying an environmental impact statement needed for the approval of its expansion of the Bull Mountains coal mine in Montana.
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February 09, 2024
Iowa House Bill Would Cancel Growth Assessment Limitation
Iowa would eliminate a limitation used in the calculation of assessments for agricultural and residential properties under a bill introduced in the state House of Representatives.
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February 09, 2024
Owens Corning To Buy Door-Maker Masonite In $3.9B Deal
Ohio-based construction materials manufacturer Owens Corning said Friday it has inked a $3.9 billion agreement to buy Tampa, Florida-based door-maker Masonite International Corp., just weeks after the latter company's earlier effort to buy PGT Innovations Inc. fell through.
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February 08, 2024
Jackson Walker Adds Real Estate Pro In Austin From Winstead
Jackson Walker LLP has strengthened its land use practice group in Austin, Texas, with the addition of a senior counsel who came aboard from Winstead PC.
Expert Analysis
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10 Environmental And Energy Issues To Watch In 2023
After a year of transformative changes in the environmental and energy space, 2023 promises more big developments — including greenwashing litigation, finalized environmental, social and governance regulations, further scrutiny of per- and polyfluoroalkyl substances, and an ongoing focus on environmental justice, say attorneys at ArentFox.
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What Will Keep Legal Talent Professionals Up At Night In 2023
Hybrid work environments, high demand for lateral hires and a potential slowdown of the economy defined 2022 in the always-busy marketplace for legal talent, and as BigLaw looks at the year ahead, there are five major sources of concern for the teams charged with securing and retaining that talent, say advisers at Baretz+Brunelle.
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The Most-Read Legal Industry Law360 Guest Articles Of 2022
A range of legal industry topics drew readers' attention in Law360's Expert Analysis section this year, from the "great resignation" to potential expansion of attorney-client privilege.
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The Future Of Legal Ops: AI Has Important Role To Play
Though the debut of OpenAI's ChatGPT has prompted some fears about negative impact on lawyers, artificial intelligence technology can be a powerful tool for legal operations professionals if used effectively to augment their work, say Justin Ben-Asher and Gwendolyn Renigar at Steptoe, and Elizabeth Matthews at TotalEnergies.
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4 Proactive Strategies For 'Rocket Docket' Discovery In SDNY
With more than half of Southern District of New York judges now allowing four or fewer months for fact discovery, civil litigators in this aspiring "rocket docket" jurisdiction should prioritize case management methods that make the most of this compressed timeline, say Jaclyn Grodin and Nicholas Cutaia at Goulston & Storrs.
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Increasing Law Firm Polarization Will Degrade Rule Of Law
As evidenced in recent instances of law firms separating from attorneys who represented certain industries or espoused certain views, firms and the legal practice itself have grown troublingly polarized and intolerant of dissent, says Rebecca Roiphe at New York Law School.
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How To Deal With Difficult Clients, Practically And Ethically
Meredith Stoma at Lewis Brisbois discusses common obstacles for counsel working with difficult clients and provides guidance on ethically managing or terminating these challenging relationships — as, for example, counsel for Ye have recently done.
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What Maine Offshore Wind Road Map Will Mean For Industry
Maine's offshore wind road map, expected to be released in early 2023, should offer valuable insights for the industry and other stakeholders into the opportunities and challenges that may arise as wind development advances in the Gulf of Maine, says Joshua Rosen at Foley Hoag.
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Federal Courts Should Adopt Supreme Court's Amicus Stance
The federal courts of appeals should adopt the U.S. Supreme Court's new approach to amicus curiae briefs, which allows the friend-of-the-court submissions to be filed without consent from the court or the parties, says Lawrence Ebner at Atlantic Legal Foundation.
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3 Pricing Trends In Law Firm Use Of Litigation Funding
As BigLaw firms increasingly include litigation funding as a financing option for clients, internal pricing groups are taking the lead on standardizing and centralizing firm processes, and aggregating risk budgets, says Brendan Dyer at Woodsford Group.
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Safeguarding Attorneys' Greatest Asset: Our Mental Health
Attorneys who understand that mental fitness is their most valuable characteristic should prioritize mental health care accordingly, including with certain activities they may not realize qualify as self-care, says Wendy Robbins at Holland & Knight.
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IRS Starts Clock On Energy Projects' Labor Rule Exemption
A U.S. Department of the Treasury notice published this week started the 60-day clock for clean energy projects seeking to be grandfathered from having to meet new labor requirements to qualify for enhanced tax credits, and uncertainty about how the provisions will apply should be incentive for some investors to begin construction soon, say attorneys at Eversheds Sutherland.
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Law Schools Are Right To Steer Clear Of US News Rankings
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By opting out of participating in the U.S. News & World Report annual rankings, law schools abandon a profoundly flawed system and free up their resources to adapt to the tsunami of changes overtaking the profession, says Nicholas Allard at Jacksonville University College of Law.