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Real Estate
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February 24, 2025
Apple To Invest $500B In US Over 4 Years As Tariffs Mount
Apple said Monday that it would invest $500 billion in the U.S. over the next four years, weeks after President Donald Trump placed a 10% tariff on goods from China, where the company sources components for its products, and threatened tariffs on semiconductors.
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February 24, 2025
Blackstone Paying $5.65B For US Marina Servicing Giant
Blackstone has agreed to acquire Dallas-based Safe Harbor Marinas, the largest marina and superyacht servicing business in the U.S., from Sun Communities Inc. for $5.65 billion, the companies said Monday.
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February 24, 2025
Penn National Settles NC Hurricanes Coverage Suit
Penn National Mutual Casualty Insurance Co. settled a property owner's insurance payout suit filed in North Carolina federal court just before the suit headed to trial.
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February 24, 2025
Mass. City Says Ex-Team Owners Reneged On Stadium Fees
The city of Brockton, Massachusetts, claims in a lawsuit filed in state court that the former owners of a minor league baseball team owe the economically struggling community more than $68,000 for the use of a city-owned stadium for games and a concert last year.
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February 24, 2025
4 Firms Advise On Apollo's $1.5B Bridge Investment Buy
Apollo Global Management said Monday it has agreed to buy Bridge Investment Group Holdings Inc., a Salt Lake City, Utah-based real estate investment manager, in a $1.5 billion deal steered by four law firms, as Apollo looks to expand its real estate equity and credit offerings.
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February 24, 2025
Justices Turn Away Challenge To Philly Gun Shop Ban
The U.S. Supreme Court said Monday it won't take up a Philadelphia gun range's challenge to a city rule banning gun shops in residential neighborhoods, after a Pennsylvania appellate court said in 2024 that the Second Amendment didn't cover zoning rules restricting where firearms could be sold.
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February 21, 2025
Quinn Emanuel-Backed Clients Join Eaton Fire Litigation Fray
Southern California Edison on Friday was hit with yet another lawsuit over the destructive Eaton Fire, this time by an Altadena family represented by Quinn Emanuel Urquhart & Sullivan LLP, the largest firm yet to get involved in the litigation.
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February 21, 2025
Real Estate Recap: 'Park Ave' Effect, Federal Leases, Atty Hires
Catch up on this past week's key developments by state from Law360 Real Estate Authority — including a fourth-quarter "Park Avenue Phenomenon" seen by top brokerages, industry reaction to the potential federal lease slimdown, and a senior analyst's projection for family office investment in commercial real estate.
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February 21, 2025
Judge Trims $40M Green Energy Co. Investor Suit
A Tennessee federal judge won't toss a proposed class action claiming that a Chicago green energy outfit and its executives used false promises of extravagant returns to lure investors, but ruled two defendants can escape some of the suit's claims.
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February 21, 2025
Appeals Court Says No Contract Dooms Ranch Sale Challenge
A Texas appeals court found no grounds to revive most of the rejected claims a land brokerage lodged against the owners of a 1,200-acre ranch and their real estate and escrow agents after its attempt to buy the property fell through.
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February 21, 2025
City Housing Agency Supervisor To Face Some Claims In Bias Suit
A North Carolina federal judge on Friday trimmed portions of a workplace retaliation and discrimination suit by a former Charlotte public housing authority coordinator, concluding that most of her punitive damage claims are barred by official immunity but that she can still pursue her ex-supervisor as an individual.
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February 21, 2025
Green, Tribal Orgs Ask To Defend Biden DOI's Coal Decision
Tribal and conservation groups have asked a federal court to let them join Wyoming and Montana's suit against the U.S. Department of the Interior over the Biden administration's 2024 decision ending new coal leasing on public lands in the Powder River Basin.
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February 21, 2025
Mich. Panel Admits To Frustrating Flip-Flop In Slip & Fall Suit
A Michigan appellate panel expressed some empathy to a trial court's anticipated frustration as the panel reversed the lower court's decision to free a condominium association from a slip-and-fall suit after issuing an opposite ruling a few years ago, noting the panel is navigating drastically changing premises liability law in the state.
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February 21, 2025
Energy Co. Says Osage Shouldn't Rush To Destroy Wind Farm
Enel Green Power North America is urging a federal district court to stay a $4.2 million judgment and order requiring it to remove 84 wind turbines from the Osage Nation's reservation while it appeals to the Tenth Circuit, arguing that the appellate court could find their destruction was unnecessary.
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February 21, 2025
Md. Senate OKs Tax Break For Service Station Conversions
Certain retail service stations in Maryland converted to other uses would be eligible for local property tax breaks under legislation approved by the state Senate and sent to the House.
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February 21, 2025
Polsinelli Adds Veteran Real Estate Atty To Boston Office
Polsinelli PC has hired a veteran real estate transactions attorney with more than two decades of experience as a shareholder for the real estate team in its Boston office, which makes her the firm's seventh real estate shareholder hire in the past 12 months.
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February 21, 2025
Taxation With Representation: Kirkland, V&E, Cravath, Dechert
In this week's Taxation With Representation, Diamondback Energy buys Midland Basin assets from another oil and natural gas company, GTCR closes its second strategic growth fund, Light & Wonder Inc. buys Grover Gaming's assets, and Barings acquires Artemis Real Estate Partners.
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February 21, 2025
Adams Judge Won't Toss Case, Taps Paul Clement For Review
The federal judge in charge of the corruption case against New York City Mayor Eric Adams declined Friday to toss the charges at the request of President Donald Trump's Justice Department, instead appointing litigator Paul Clement to assist in a "careful" decision.
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February 20, 2025
Tribes Fail To Win Reversal Of Ore. Casino Project Decision
A D.C. federal judge has denied a bid by three tribes to reverse an Interior Department decision approving a land trust application for another tribe in what is Oregon's first off-reservation casino, ruling that they've failed to show how the project would harm them.
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February 20, 2025
Insurer Can't Quickly Exit Broker Premium Theft Row
A Louisiana federal court rejected most arguments made by an insurer seeking to avoid professional liability coverage of a broker whose former employee stole policy premiums and failed to secure insurance for clients, leaving the company to cover around $1 million in Hurricane Laura damage.
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February 20, 2025
Feds Say DC Judge Can't Bar 'Hypothetical' Spending Freezes
A Justice Department attorney argued before a D.C. federal judge Thursday that there is no basis to continue blocking the Trump administration from implementing a blanket suspension on federal spending, saying the court cannot bar "hypothetical" future freezes.
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February 20, 2025
Chicago Lawmakers Give Final OK For $7B Mixed-Use Project
Chicago lawmakers reportedly gave the final green light for a $7 billion mixed-use development project headed by the DLA Piper-guided owners of the city's United Center stadium.
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February 20, 2025
Wash. Justices Say CARES Act Doesn't Shield Violent Renters
The Washington Supreme Court on Thursday said landlords did not have to give 30 days' notice under the federal Coronavirus Aid, Relief and Economic Security Act before evicting violent tenants, settling a question that had split two lower appellate panels.
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February 20, 2025
Court Asks Trump's DOJ To Opine On Texas Tribal Land Fight
A Texas federal judge has ordered the U.S. government to say whether it still wants to intervene in a land dispute between the Ysleta Del Sur Pueblo tribe and the city of El Paso now that Donald Trump is president.
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February 20, 2025
NY Expands Local Power To Give Storm Damage Tax Breaks
New York state expanded municipalities' authority to provide property tax breaks to owners of property damaged by severe storms and other natural disasters by allowing that relief to be granted for small business' property as part of a bill signed by Gov. Kathy Hochul.
Expert Analysis
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Foreclosing Lenders Still Floating In Murky Legal Waters In NY
The New York foreclosure landscape remains in disarray after the state's highest court last month declined to weigh in on whether legal changes from 2022 that severely curtailed lenders' ability to bring successive foreclosure cases were retroactive, says Brian Rich at Barclay Damon.
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Series
Being A Navy Reservist Makes Me A Better Lawyer
Serving this country in uniform has not only been one of the greatest honors of my life, but it has also provided me with opportunities to broaden my legal acumen and interpersonal skills in ways that have indelibly contributed to my civilian practice, says Phillip Smith at Weinberg Wheeler.
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Conservation Easement Cases Weave Web Of Uncertainty
Much of the IRS and Justice Department’s recent success in prosecuting syndicated conservation easement cases can be attributed to the government’s focus on the so-called PropCo ratio, which could indicate treacherous waters ahead for participants and their advisers, even under the incoming Trump administration, say attorneys at Polsinelli.
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So You Want To Move Your Law Practice To Canada, Eh?
Google searches for how to move to Canada have surged in the wake of the U.S. presidential election, and if you’re an attorney considering a move to the Great White North, you’ll need to understand how the practice of law differs across the border, says David Postel at Henein Hutchison.
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Philly's Algorithmic Rent Ban Furthers Antitrust Policy Trends
A Philadelphia bill banning the use of algorithmic software to set rent prices and manage occupancy rates is indicative of growing scrutiny of this technology, and reflects broader policy trends of adapting traditional antitrust principles to respond to new technology, say attorneys at Ballard Spahr.
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Notable Q3 Updates In Insurance Class Actions
Total loss valuation cases and labor depreciation cases dominated the past quarter of insurance class actions, with courts continuing to reject challenges to condition adjustments in the former, and a pro-insured trend persisting in the latter, say attorneys at BakerHostetler.
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Promoting Diversity In The Selection Of ADR Neutrals
Excerpt from Practical Guidance
Choosing neutrals from diverse backgrounds is an important step in promoting inclusion in the legal profession, and it can enhance the legitimacy and public perception of alternative dispute resolution proceedings, say attorneys at Lowenstein Sandler.
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Series
Playing Ultimate Makes Us Better Lawyers
In addition to being fun, ultimate Frisbee has improved our legal careers by emphasizing the importance of professionalism, teamwork, perseverance, enthusiasm and vulnerability, say Arunabha Bhoumik and Adam Bernstein at Regeneron.
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How Property Insurance Coverage Shrank After The Pandemic
Insurers litigating property claims are leveraging rulings that provided relief in the COVID-19 context to reverse the former majority rule on physical loss or damage in all contexts, say attorneys at Reed Smith.
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NYC Hotel Licensing Law's Costs May Outweigh Its Benefits
A hotel licensing bill recently approved by New York's City Council could lead to the loss of many nonunionized hotels that cannot afford to comply, says Stuart Saft at Holland & Knight.
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E-Discovery Quarterly: Recent Rulings On Metadata
Several recent rulings reflect the competing considerations that arise when parties dispute the form of production for electronically stored information, underscoring that counsel must carefully consider how to produce and request reasonably usable data, say attorneys at Sidley.
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Why Secured Lenders Must Mind The Gap In UCC Searches
If not adequately addressed, the Uniform Commercial Code filing indexing gap can interfere with a lender's expected lien priority, but taking appropriate preclosing actions and properly timing searches can eliminate this risk, says Robert Wonneberger at Barclay Damon.
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Striking A Balance Between AI Use And Attorney Well-Being
As the legal industry increasingly adopts generative artificial intelligence tools to boost efficiency, leaders must note the hidden costs of increased productivity, and work to protect attorneys’ well-being while unlocking AI’s full potential, says Ed Sohn at Factor.
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Empathy In Mediation Offers A Soft Landing For Disputes
Experiencing a crash-landing on a recent flight underscored to me how much difference empathy makes in times of crisis or stress, including during mediation, says Eydith Kaufman at Alternative Resolution Centers.
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Series
Being An Artist Makes Me A Better Lawyer
My work as an artist has highlighted how using creativity and precision together — qualities that are equally essential in both art and law — not only improves outcomes, but also leads to more innovative and thoughtful work, says Sarah La Pearl at Segal McCambridge.