Residential

  • April 26, 2024

    Calif. County Wants Out Of RV Parking Site Challenge

    San Luis Obispo County urged a California federal court to toss most of the claims filed by a union of homeless people and recreational vehicle residents who accused the county of wrongfully evicting them from a local parking area.

  • April 26, 2024

    Bankrupt NYC Building Owners, Rent-Strikers Settle Claims

    The bankrupt owners of several Manhattan apartment buildings asked a New York federal bankruptcy court to approve the settlement of the claims of rent-striking tenants, the tenants' debt and a related adversary proceeding.

  • April 26, 2024

    'Nuisance' Atty Neighbor Wins Ch. 11 Eviction Stay

    Norman Resnicow, the lawyer and alleged "nuisance neighbor" who lives next to actor Justin Theroux, has won his bid in New York bankruptcy court to hold off his co-op building from evicting him because of his Chapter 11 automatic stay.

  • April 26, 2024

    Ga. Residents Want In On $300M Monkey Farm Fight

    Four Georgia residents have asked a federal judge to let them intervene in a dispute over the construction of a sprawling primate-rearing farm in Bainbridge, alleging the local development authority that approved a $300 million bond deal for the project is colluding with the farm's backers to advance the project.

  • April 26, 2024

    Colo. House OKs Lower Age For Historic Structure Tax Credit

    Colorado would reduce the age requirement for the properties eligible for the state's historic structures tax credit, postpone its sunset and make other changes under legislation approved by the state House on Friday.

  • April 26, 2024

    Weyerhaeuser Is Optimistic About US Housing Market

    Weyerhaeuser remains upbeat about the housing market in 2024 and expects demand for lumber to pick up in the coming months, the lumber real estate investment trust said on its first quarter earnings call Friday.

  • April 26, 2024

    Default Risk At Major SF Complex Drives April CMBS Distress

    Kroll Bond Rating Agency said Friday that special servicing on a $1.3 billion loan for one of San Francisco's biggest apartment complexes accounted for more than a third of new distress among commercial mortgage-backed securities this month.

  • April 26, 2024

    Philly Mayor Creates Property Assessment Task Force

    Philadelphia will designate a task force to study and address inequities in the city's residential property tax assessments, the mayor announced Friday.

  • April 25, 2024

    PI Ordered To Stay Away From Jury That Issued $10B Verdict

    A California judge on Thursday kept in place an order for a private investigator to cease contacting jurors who delivered a $10 billion verdict in March against his client, telling him, "it doesn't sit well with me" that he's "going and bothering jurors" by visiting them at their homes.

  • April 25, 2024

    Real Estate Exec Can't Escape Shareholder's Self-Dealing Suit

    A California federal judge ruled that a derivative shareholder suit accusing the president of a real estate management and investment firm of misusing nearly $35 million of company revenue now passes the so-called Zuckerberg test since the plaintiff sufficiently pled that demand on the company's board members would be futile.

  • April 25, 2024

    JDS Buys $61M Miami Tower For Dolce & Gabbana Project

    An affiliate of JDS Development purchased a Miami office building for $61.2 million, which the developer plans to convert to a Dolce & Gabbana-branded tower with 259 hotel and luxury condominium units, per a Vizzda filing.

  • April 25, 2024

    Wash. Appeals Court Rejects Seattle High-Rise Permit Dispute

    A Washington state appeals court sided with a developer on Thursday in a challenge to its plan for a 17-story apartment building on Seattle's waterfront, concluding that the project's opponents missed their chance to contest the city's decision not to hold the proposal to certain shoreline regulations.

  • April 25, 2024

    Neb. To Require County Tax Roll Corrections Upon Final Order

    Nebraska county clerks or assessors will be required to correct tax rolls and property assessments when an administrative body or court gives a final order, under a bill signed by the governor.

  • April 25, 2024

    Mr. Cooper's $3.6M Convenience Fee Settlement Gets Final OK

    A D.C. federal judge on Thursday gave the final nod to a nearly $3.6 million settlement to resolve class action claims that Mr. Cooper unlawfully charged processing fees to borrowers who made mortgage payments over the phone.

  • April 25, 2024

    Phoenix-Area Build-To-Rent Project Sells For $57M

    Privately held Christopher Todd Capital said Thursday that it has bought a recently completed build-to-rent community near Phoenix for $57 million from an affiliate of Canadian developer WestStone Group.

  • April 25, 2024

    Peer Street Says It Has Votes To Confirm Ch. 11 Plan

    Bankrupt crowd-funded real estate investment platform Peer Street Inc. asked a Delaware bankruptcy judge to confirm its proposed Chapter 11 plan and disclosure statement, saying its creditors have voted overwhelmingly to support the plan ahead of its confirmation hearing scheduled for Friday.

  • April 25, 2024

    Gibson Dunn, Simpson Thacher Guide $1.6B Campus Deal

    KKR on Thursday announced the purchase of a portfolio of 19 student housing properties from Blackstone Real Estate Income Trust, in a $1.64 billion deal advised by Gibson Dunn & Crutcher LLP and Simpson Thacher & Bartlett LLP.

  • April 25, 2024

    Mobile Home Co. Pays $85K For Misclassifying Workers

    A mobile home transportation company in Texas paid nearly $85,000 in back wages for misclassifying 32 workers, the U.S. Department of Labor announced.

  • April 25, 2024

    EEOC Says Co. Piled Tasks On Black Worker, Then Fired Him

    A real estate company gave a Black manager more than twice as much work as his white colleague, paid him less and then fired him because he was "lazy," the U.S. Equal Employment Opportunity Commission said in a suit filed in Georgia federal court.

  • April 24, 2024

    Wash. Property Manager Sued Over Lease Cancellation Fees

    A proposed class of tenants accused a Seattle property management company and a Washington debt collection agency in state court of using lease cancellation practices that violate state law.

  • April 24, 2024

    Mass. Golf Course Manager Gets 13 Months For Tax Fraud

    A Massachusetts golf course manager was sentenced to 13 months in prison after pleading guilty to tax charges, following prosecutors' accusations that he manipulated contracts with a home developer to deflate their value.

  • April 24, 2024

    Court Pauses Order To Sell Office Park In $16M Tax Battle

    A New Jersey federal court paused its order allowing the U.S. government to sell a family trust's office park to satisfy a trustee's $16.2 million tax debt Wednesday, giving the family time to appeal a decision approving the sale to the U.S. Supreme Court.

  • April 24, 2024

    Condo Group Says Insurer Is Blowing Off Wind, Hail Damage

    Greater New York Mutual Insurance Co. has moved to federal court an Ohio non-profit condominium community's state court lawsuit accusing it of lowballing the group's wind and hail damage costs and then refusing to engage in their agreed-upon appraisal process.

  • April 24, 2024

    Title Co. Sues Conn. Atty Over Botched Mortgage Payoff

    First American Title Insurance Co. has sued a Connecticut attorney in state court for allegedly mishandling a $340,000 Bridgeport residential property sale, claiming the lawyer, who represented the seller, failed to transmit around $163,000 to cover an existing mortgage and left the insurer stuck footing the bill.

  • April 24, 2024

    Equity Tallies Illegal Late Fees Owed Tenants In Ruling

    Equity Residential executives during an earnings call Wednesday said the landlord is still weighing the implications of a California federal judge's decision in early April voiding its fees for late rent after finding Equity only sought to drum up revenue with the charge in violation of state law.

Expert Analysis

  • Federal Judge's Amici Invitation Is A Good Idea, With Caveats

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    An Arkansas federal judge’s recent order — inviting amicus briefs in every civil case before him — has merit, but its implementation may raise practical questions about the role of junior attorneys, economic considerations and other issues, says Lawrence Ebner at the Atlantic Legal Foundation.

  • Fox Ex-Producer Case Is A Lesson In Joint Representation

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    A former Fox News producer's allegations that the network's lawyers pressured her to give misleading testimony in Fox's defamation battle with Dominion Voting Systems should remind lawyers representing a nonparty witness that the rules of joint representation apply, says Jared Marx at HWG.

  • As The Metaverse Expands, Bankruptcy Questions Arise

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    Restructuring and bankruptcy happen in the metaverse, too — and the uncertain and evolving rules of digital ownership could have surprising effects on who gets paid, with increasing tension between platforms and users, say Kizzy Jarashow and James Lathrop at Goodwin.

  • Stanford Law Protest Highlights Rise Of Incivility In Discourse

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    The recent Stanford Law School incident, where students disrupted a speech by U.S. Circuit Judge Kyle Duncan, should be a reminder to teach law students how to be effective advocates without endangering physical and mental health, says Nancy Rapoport at the University of Nevada.

  • Dispute Prevention Strategies To Halt Strife Before It Starts

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    With geopolitical turbulence presenting increased risks of business disputes amid court backlogs and ballooning costs, companies should consider building mechanisms for dispute prevention into newly established partnerships to constructively resolve conflicts before they do costly damage, say Ellen Waldman and Allen Waxman at the International Institute for Conflict Prevention and Resolution.

  • Key Takeaways In Ex-NY Lt. Gov.'s Tossed Bribery Charges

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    In dismissing bribery charges against former New York Lt. Gov. Brian Benjamin, a Manhattan federal court stringently defined an explicit quid pro quo — the latest in a string of federal rulings that have narrowed the use of federal public corruption laws to pursue state-level officials, say attorneys at Arnold & Porter.

  • High Court Bankruptcy Ruling Is A Warning To Joint Obligors

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    The U.S. Supreme Court’s recent ruling in Bartenwerfer v. Buckley opens the door to increased litigation surrounding the dischargeability of joint debts, and although it highlights the heightened risks to debtors posed as members of a partnership, its reach may exceed beyond liability for a partner's fraud, say Andrew Buxbaum and Deborah Kovsky-Apap at Troutman Pepper.

  • Practical Skills Young Attorneys Must Master To Be Happier

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    For young lawyers, finding happiness on the job — with its competitive nature and high expectations for billable hours — is complicated, but three skills can help them gain confidence, reduce stress and demonstrate their professional value in ways they never imagined, says career counselor Susan Smith Blakely.

  • Establishing A Record Of Good Faith In Mediation

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    Viacom v. U.S. Specialty Insurance, and other recent cases, highlight the developing criteria for determining good faith participation in mediation, as well as several practical tips to establish such a record, says Richard Mason at MasonADR.

  • Honchariw Case May Greatly Affect Default Loans In Calif.

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    Because a California state appeals court held in Honchariw v. FJM that default interest is unlawful when a lender assesses it against the full outstanding principal balance on a partially matured loan, lenders should prepare for borrowers to increasingly rely on the case when challenging default interest, say attorneys at Duane Morris.

  • 5 Takeaways From Recent CFPB, FTC Equal Credit Push

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    The Consumer Financial Protection Bureau and Federal Trade Commission overlap in regulating a wide range of banks and nonbanks, and the recent concerted effort from both agencies to address discrimination in financial services should remind organizations to reexamine their anti-discrimination and Equal Credit Opportunity Act compliance, say attorneys at Wiley.

  • ABA Opinion Should Help Clarify Which Ethics Rules Apply

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    A recent American Bar Association opinion provides key guidance on interpreting ABA Model Rule 8.5's notoriously complex choice-of-law analysis — and should help lawyers authorized to practice in multiple jurisdictions determine which jurisdiction's ethics rules govern their conduct, say attorneys at HWG.

  • Where Illinois And Federal Law Differ On Community Finance

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    As state regulators finalize the implementing regulations in the Illinois Community Reinvestment Act, attorneys at Vedder Price break down the law's material provisions, compare them to those in the federal counterpart and outline what banks in the state can expect.