Commercial
-
July 31, 2025
Top Property Insurance Decisions So Far In 2025
A U.K. decision over coverage for Russian-seized aircraft and a Second Circuit ruling in favor of international insurers seeking to arbitrate hurricane damage claims are among some of the biggest decisions in the property insurance space so far in 2025.
-
July 31, 2025
Calif. Resort Developer Gets 2 More Weeks Of Ch. 11 Funding
An insolvent company that developed a resort and other properties in California told a Delaware bankruptcy judge on Thursday that it had cobbled together two more weeks of Chapter 11 financing, avoiding for now a dismissal or conversion of its case to a Chapter 7 liquidation.
-
July 31, 2025
CGL Cases To Watch In The Second Half Of 2025
Federal and state courts continue to weigh litigation involving public nuisance, long-tail environmental and sexual abuse claims. Here, 极速赛车 breaks down some of the blockbuster commercial general liability insurance cases to follow in the second half of the year.
-
July 31, 2025
Casino Developer Must Stay In Involuntary Ch. 7, Judge Finds
A Delaware bankruptcy judge has refused to throw out or convert the involuntary Chapter 7 proceedings launched against the onetime hopeful developer of a casino in Mississippi, concluding the creditors that forced it into bankruptcy did not act in bad faith.
-
July 31, 2025
Gambling REIT VICI Unbothered By Las Vegas Slump
VICI Properties Inc., a real estate investment trust focused on gambling and experiential real estate, touted investments in casino developments and its Canadian casino performance as Las Vegas sees a tourism decline, in its second-quarter earnings call with analysts.
-
July 31, 2025
Wyndham Can't Escape Hotel Workers' Labor Trafficking Suit
Wyndham Hotels & Resorts Inc. can't get out of a lawsuit alleging that two hotels, in West Virginia and western Pennsylvania, forced homeless or desperate people into servitude in exchange for shelter, though a federal judge has trimmed several claims against the company and one hotel's owners.
-
July 31, 2025
Latham & Watkins Signs New Manhattan Office Lease
Latham & Watkins LLP expanded its presence in midtown Manhattan by signing a 12-year lease for 12,000 square feet on two whole floors in RXR's building at 1285 Avenue of the Americas, RXR announced Thursday.
-
July 31, 2025
La. Board Allows Oil Co.'s Late Appraisal In Assessment Fight
A Phillips 66 oil refinery can submit an appraisal of its property ordered before its assessment challenge was filed even though the company didn't receive the appraisal until after the deadline for evidence, the Louisiana Board of Tax Appeals ruled, reversing the state Tax Commission.
-
July 31, 2025
Co. Pitches $33B Data Center Hub In Ariz. Opportunity Zone
One of the largest private landowners in Arizona on Thursday pitched a $33 billion project to build the biggest data center industrial park in the state on a 3,300-acre site in a federal opportunity zone.
-
July 30, 2025
NY Woman Cops To $30M Scam That Used Trump Event As Bait
A New York woman pled guilty Wednesday to conspiring to defraud investors out of more than $30 million in a real estate fraud and illicit campaign finance scheme, which included using illegal foreign political donations to access a fundraiser for President Donald Trump to woo investors.
-
July 30, 2025
How Law Firms Are Winning The Succession Game
Law firms take great care to ensure their longevity. To develop leaders, they carefully identify, mentor and groom the next generation. While top firms can outspend them, some firms are finding alternatives to acquire and retain partners. In a bid to win the loyalty of key clients, firms are increasingly involving them in their lateral hiring processes.
-
July 30, 2025
2nd Circ. Backs Live Well Founder's Bond Fraud Convictions
The Second Circuit affirmed convictions for Live Well's founder for inducing lenders to extend credit by jacking up bond valuations to increase its debt and borrow against it, ruling Wednesday jurors had enough evidence to determine he misrepresented the value of collateral to secure loans and did so with fraudulent intent.
-
July 30, 2025
Maturing Proptech Sector Navigates Uncertain Times
The volatility in the global economy this year has generated uncertainty within just about every industry, with no exception for property technology. Nonetheless, this subsector of the tech industry finds itself on relatively solid footing and with an overall positive outlook, according to professionals closely tracking its development.
-
July 30, 2025
U.S. Co. Defends $1B Suit Over Nixed LNG Facility In Canada
A U.S. company making a $1 billion claim against Canada over a stymied liquefied natural gas facility in Qu茅bec is urging an international tribunal not to toss the case on jurisdictional grounds, saying the country's objections are without merit.
-
July 30, 2025
US Office Vacancy Rates Still Climbing, Colliers Says
Vacancy rates across the U.S. office market are still rising, reaching a record-high of 18.4% nationwide in the second quarter of 2025, even as new construction levels hit 10-year lows, per a report from Colliers.
-
July 30, 2025
NYC Mayor Revives Bally's $4B Bronx Casino Bid
New York City Mayor Eric Adams vetoed a New York City Council vote that shot down gambling company Bally's Corp.'s bid to build a $4 billion resort and casino in the Bronx, saying Wednesday that a casino in the city "would bring good-paying union jobs and an economic boost to the surrounding community."
-
July 30, 2025
Calif. Tribe Says 70-Acre Casino Land Fight Must Continue
The Federated Indians of Graton Rancheria are fighting a bid by a fellow California tribe to pause their challenge to the U.S. Department of the Interior's decision to take 70 acres into trust for a casino project while a sovereign immunity order is appealed to the Ninth Circuit.
-
July 30, 2025
Truist Triggered Employee Exodus, Not Ex-Execs, Court Told
Three former executives who helmed the real estate finance arm of Truist Financial Corp. and their new employer are seeking a pretrial win in the bank's poaching case, telling a North Carolina state court judge they aren't to blame for Truist's alleged bad business decisions.
-
July 30, 2025
Buddhist Group's Suit Against Everglades Project Advances
A Florida Buddhist center's suit against an Army Corps of Engineers project in the Everglades will continue after a district court judge determined the center plausibly argued that the potential impacts of the project's construction didn't become clear until at least 2022.
-
July 30, 2025
Wiggin And Dana Adds Real Estate Partner From Polsinelli
Law firm Wiggin and Dana LLP said Vasiliki Yiannoulis-Riva has joined as partner from Polsinelli PC in its real estate, environmental, construction and facilities department.
-
July 30, 2025
Family In Row With McCarter & English Wants $4.6M Set-Aside
A deceased Connecticut shopping mall developer's family members want McCarter & English LLP and the estate of Laurence Rubinow, a lawyer with connections to the firm, to set aside $4.6 million in case they prevail in a lawsuit alleging mismanagement of the developer's estate and trust.
-
July 30, 2025
Rising Star: Jones Day's Garrett Gibson
Garrett Gibson of Jones Day has notched several wins in notable construction cases, including a high-stakes dispute between a major contractor for the oil and gas sector and a petrochemical manufacturer in Texas, earning him a spot among construction law practitioners under age 40 honored by 极速赛车 as Rising Stars.
-
July 30, 2025
Rising Star: Gibson Dunn's Eric Meer
Eric Meer of Gibson Dunn & Crutcher LLP guided RXR Realty through major recapitalizations and loan modifications on New York City office properties amid a tight rate environment as the Manhattan office market continued to take a beating, earning him a spot among the real estate practitioners under age 40 honored by 极速赛车 as Rising Stars.
-
July 30, 2025
Terreno Unloads Fla. Industrial Portfolio For $82.3M
Industrial real estate firm Terreno Realty Corp. said it has sold a portfolio of industrial properties in Doral, Florida, for $82.3 million.
-
July 30, 2025
Cherry Hill Mortgage Adds New GC from NorthMark
Real estate investment trust Cherry Hill Mortgage Investment Corp. announced that it has appointed a new general counsel who joins the company following a five-year stint at investment firm NorthMark Strategies.
Expert Analysis
-
What SDNY Judge Can And Can't Do In Adams Case
The federal judge in the Southern District of New York overseeing the criminal case against New York City Mayor Eric Adams deferred making a decision on the government's motion to dismiss the indictment, and while he does have limited authority to deny the motion, that would ultimately be a futile gesture, says Ethan Greenberg at Anderson Kill.
-
Rethinking 'No Comment' For Clients Facing Public Crises
鈥淣o comment鈥 is no longer a cost-free or even a viable public communications strategy for companies in crisis, and counsel must tailor their guidance based on a variety of competing factors to help clients emerge successfully, says Robert Bowers at Moore & Van Allen.
-
Corp. Transparency Act's Future Under Treasury's Bessent
The Corporate Transparency Act鈥檚 ultimate fate faced uncertain terms at the end of 2024, but new U.S. Department of the Treasury Secretary Scott Bessent's statements and actions so far demonstrate that he does not intend to ignore the law, though he may attempt to make modifications, say attorneys at Taylor English.
-
Nippon Order Tests Gov't Control Over Foreign Investments
The U.S. government is primarily interested in restraining foreign transactions involving countries of concern, but former President Joe Biden鈥檚 January order blocking the merger of Nippon Steel and U.S. Steel shows that all foreign direct investments are under the federal government鈥檚 microscope, say attorneys at Blank Rome.
-
A Look At A Possible Corporate Transparency Act Exemption
Attorneys at Kirkland offer a deep dive into the application of the Corporate Transparency Act's reporting requirements specifically to U.S.-domiciled co-issuers in typical collateralized loan obligation transactions, and consider whether such issuers may be able to assert an exemption from the CTA's reporting requirements.
-
As EPA Backs Down, Expect Enviros To Step Up Citizen Suits
As President Donald Trump's U.S. Environmental Protection Agency draws down federal enforcement efforts, environmental groups will step into the void and file citizen suits 鈥 so companies should focus on compliance efforts, stay savvy about emerging analytical and monitoring methods, and maintain good relations with neighbors, say attorneys at Beveridge & Diamond.
-
Emphasize Social Spaces During RE Project Public Review
As Boston continues to work through revisions to its public review process for real estate projects, developers attempting to balance impact mitigation and community improvements may benefit from emphasizing the ways in which development plans can facilitate open social exchange, says David Linhart at Goulston & Storrs.
-
What Contractors Can Do To Address Material Cost Increases
In light of the Trump administration's plans to increase tariffs on Mexico, Canada and China, construction industry players should proactively employ legal strategies to mitigate the impacts that price increases and uncertainty may have on projects, says Brenda Radmacher at Seyfarth Shaw.
-
Reg Waiver Eases Calif. Rebuilding, But Proceed With Care
California Gov. Gavin Newsom's executive order suspending some environmental review and permitting requirements for the reconstruction of homes and businesses damaged by recent wildfires may streamline rebuilding efforts, but will require careful navigation of the evolving regulatory landscape, says Gregory Berlin at Alston & Bird.
-
Insurance Considerations For LA Wildfire Recovery
Businesses and homeowners affected by the destructive Southern California wildfires must act swiftly and strategically to navigate the complexities of the insurance recovery process, including by identifying all applicable policies, documenting damage thoroughly and keeping abreast of relevant state law, say attorneys at Morgan Lewis.
-
LA Wildfires' Effect On Calif. Insurer Of Last Resort
Attorneys at Willkie discuss the background of California's insurer of last resort 鈥 known as the Fair Access to Insurance Requirements Plan 鈥 and examine the process of assessing member insurers and relevant recent property insurance market developments in light of the destruction from the ongoing Los Angeles wildfires.
-
Public Corruption Enforcement In 2024 Has Clues For 2025
If 2024 activity is any indication, the U.S. Supreme Court will likely continue to rein in expansive prosecutorial theories of fraud in the year to come, but it鈥檚 harder to predict what the new administration will mean for public corruption prosecutions in 2025, says Cathy Fleming at Offit Kurman.
-
Small Biz Caught In Corporate Transparency Act Crossfire
Despite compliance being put on hold due to a nationwide preliminary injunction, small businesses have been caught in the middle of the legal battle over the Corporate Transparency Act 鈥 and confusion over the law's requirements could result in major penalties, say attorneys at Snell & Wilmer.