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Commercial

  • August 08, 2025

    Texas Bill Seeks To Allow Injunctions Against Tax Collectors

    Texas property owners could seek injunctions to prevent local taxing authorities from collecting property taxes if a taxing entity adopts a voter-approved tax increase and takes action that strays from the tax hike's stated purpose, under a bill introduced in the state House of Representatives.

  • August 08, 2025

    South Korea Probes 49 Foreign Luxury Apartment Buyers

    South Korea's National Tax Service said it has launched a tax evasion probe into 49 owners of high-priced apartments who are from foreign countries such as the U.S. and China.

  • August 08, 2025

    Rite Aid Picks Azend As Buyer Of Pharmacy Assets

    Pharmacy chain Rite Aid has told a New Jersey bankruptcy judge it's selected Med One Pharmacy Inc. as the buyer of drugs in its inventory, customer information, leases and other assets, months after the company transferred millions of prescriptions and dozens of stores to CVS and other businesses in Chapter 11.

  • August 08, 2025

    2 Firms Guide $1B Refi For Biotech Co.'s Boston HQ

    The RMR Group obtained a five-year $1 billion mortgage loan to refinance biotech company Vertex Pharmaceuticals Inc.'s Boston headquarters in a deal guided by Dechert LLP and Skadden Arps Slate Meagher & Flom LLP, the alternative asset management company announced Thursday.

  • August 08, 2025

    Latham Steers Silver Lake On $400M Data Center Project Fund

    Private equity firm Silver Lake said Friday that it has launched a $400 million fund to build a portfolio of powered land sites with demand for data centers increasing, in a deal advised by Latham & Watkins LLP.

  • August 07, 2025

    10th Circ. Water Loss Ruling Spotlights Competing Exclusions

    The Tenth Circuit recently affirmed that a water damage exclusion applied to a Kansas office building's $1.75 million repair claim from a broken water pipe, providing insurance experts an unusual case for weighing two seemingly related exclusions against one another.

  • August 07, 2025

    Colo. Investor Claims It Was Cut From $132M Skyscraper Sale

    A real estate investment firm that says it was wrongfully cut out of a $132 million purchase of a downtown Denver skyscraper at the eleventh hour sued the buyer, a private equity firm, in Colorado state court on Wednesday.

  • August 07, 2025

    NY AG, Ski Resort Square Up Over Resort Divestiture

    A New York ski resort operator that bought a competing resort and shut it down must divest that resort to right the antitrust wrong a state judge found it had committed and restore competition to the market, the Empire State is arguing.

  • August 07, 2025

    Colo. Court Backs Landlord's Right To 'Fees On Fees'

    In the first Colorado appellate decision to consider whether a prevailing party may recover attorney fees incurred to enforce a contractual fee-shifting provision, a state appellate panel ruled Thursday that a Denver coffee shop's landlord is entitled to an award of such fees.

  • August 07, 2025

    Texas Senate OKs Lower Voter-Approval Property Tax Rate

    Texas would reduce its voter-approval property tax rate, the maximum rate a local government may adopt without voter approval, for large taxing units under a bill passed by the state Senate.

  • August 07, 2025

    Worker Says Property Firm Fired Her Over Medical Diagnosis

    A property management firm has been sued in Georgia federal court by a former employee who alleged she was discriminated against and eventually fired after being diagnosed with ovarian fibroids requiring a hysterectomy and hernia repair.

  • August 07, 2025

    Tariffs Drive Cost Increases For Law Firm Office Build-Outs

    Higher tariffs are driving higher construction costs for law firm office build-outs and renovation projects, as firms look to improve the quality of the office experience rather than increase its footprint, according to a new report by CBRE.

  • August 07, 2025

    Illinois Co. Fights Texas Insurance Law On Physical Offices

    An Illinois-based company has sued the commissioner of the Texas Department of Insurance over a law that requires the company to have a physical presence in the state in order to keep its title insurance producer license, alleging on Thursday the requirement is unconstitutional.

  • August 07, 2025

    Legal Legend For MLB's Giants Focuses Efforts On Biz Side

    A profile writer for the San Francisco Bar Association once called then-general counsel Jack Bair the "definition of the San Francisco Giants" and the person who "has probably done more for the Giants than just about anyone else."

  • August 07, 2025

    Trump Greenlights Private Equity, Crypto 401(k) Investing

    President Donald Trump signed an executive order Thursday that aims to make it easier for retirement plans to invest in a wider range of assets, including cryptocurrency, private equity and real estate.

  • August 07, 2025

    Fed. Circ. Skeptical Of Realty Co.'s IRS Contract Dispute

    Federal Circuit judges seemed skeptical Thursday of a realty company's claim that the IRS improperly blocked its bid to continue leasing office space to the agency after IRS employees complained about the building, with one judge challenging whether evidence actually showed the agency acted in bad faith.

  • August 07, 2025

    CoStar Asks Full 9th Circ. To Revisit Antitrust Ruling For Rival

    Commercial real estate information company CoStar Group Inc. and a subsidiary are urging the Ninth Circuit to reconsider its ruling reviving antitrust counterclaims lodged by rival Commercial Real Estate Exchange Inc., which CoStar has accused in a suit of stealing property listing data and copyrighted photos.

  • August 07, 2025

    Texas Bill Seeks Two-Thirds Vote To Exceed Max Tax Rate

    Texas would require two-thirds approval from voters to allow local taxing entities to increase property taxes beyond a maximum rate permitted by law without a vote under a bill introduced in the state House of Representatives.

  • August 07, 2025

    Former LVMH Atty Joins Realtors Association's Legal Team

    The National Association of Realtors announced Aug. 7 it has appointed as its vice president of litigation and associate general counsel the former vice president of legal affairs and head of litigation at LVMH Moet Hennessy Louis Vuitton Inc.

  • August 07, 2025

    NC Biz Court Bulletin: Divorce Dust-Ups And Judicial Rebukes

    Litigation in the North Carolina Business Court is heating up this summer with new complaints centered on fears a former state politician's divorce proceedings will impede his companies' operations and accusations that a climate technology company has failed to pay out a former engineer's ownership interest.

  • August 07, 2025

    Ohio Property Sale Too Old To Sway Valuation, Board Says

    The sale of a commercial property was not close enough in time to its tax valuation date to be relied on as evidence of its value, an Ohio board said, upholding a local assessment.

  • August 06, 2025

    Under Pressure, Higher Ed Leans On Real Estate

    As institutions of higher education contend with declining enrollment and federal funding cuts, some are finding creative ways to monetize their real estate, which comes with important legal considerations, according to attorneys.

  • August 06, 2025

    Calif. CRE Players Say Tariff Uncertainty Delaying Projects

    Half of the real estate professionals polled in a survey on the California commercial real estate market said they are delaying or canceling development projects thanks to increased construction costs and global trade tensions tied to tariff uncertainty.

  • August 06, 2025

    Big CRE Brokers Report Stubborn Optimism In Q2 Results

    With most of commercial real estate's major brokers posting leasing gains and capital markets closings, executives said recently in announcing second-quarter earnings that they expect activity to continue as clients grow jaded to drama from recent trade disputes.

  • August 06, 2025

    NYC Council Approves Manhattan Mixed-Use Rezoning Plan

    A rezoning plan that aims to build more than 9,500 homes in midtown Manhattan was approved Wednesday by the New York City Council's Committee on Land Use and a related subcommittee.

Expert Analysis

  • Ch. 11 Free-And-Clear Sale Ruling Takes Pragmatic Approach

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    A recent ruling from a New York bankruptcy court in which the debtors were allowed to sell interests free and clear regardless of a lienholder's objection signals a practical approach and a recalibration of the balance between debtor flexibility and creditor protections, say attorneys at Eversheds Sutherland.

  • What's At Stake As 9th Circ. Eyes Cultural Resource Damages

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    In Pakootas v. Teck Cominco, the Ninth Circuit is faced with the long-unresolved question of whether cultural resource damages are recoverable as part of natural resource damages under the Superfund law — and the answer will have enormous implications for companies, natural resource trustees and Native American tribes, says Sarah Bell at Farella Braun.

  • 5 Insurance Types For Mitigating Tariff-Related Trade Losses

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    The potential for significant trade-related losses as a result of increased tariffs may cause companies to consider which of their insurance policies, including marine, builders risk, trade credit, and directors and officers, could provide coverage to alleviate the financial impact, say attorneys at Pillsbury.

  • Avoiding Pitfalls Around New Calif. Commercial Lease Law

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    A California law that became effective this year requires commercial landlords to extend certain protections previously afforded to residential tenancies, and a few key provisions of the law especially warrant reexamination of leasing and operational processes, say attorneys at Holland & Knight.

  • Measuring And Mitigating Harm From Discriminatory Taxes

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    In response to new tariffs and other recent "America First Trade Policy" pronouncements, corporations should assess and take steps to minimize their potential exposure to discriminatory and reciprocal tax measures that are likely to come, say economists at Charles River Associates.

  • Addressing Tariff Price Escalation In Construction Contracts

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    As construction projects across the U.S. face uncertainty surrounding material price increases driven by government-imposed tariffs, owners and developers should draft strong contracts to protect themselves from tariff-related cost overruns and delays, say attorneys at Akerman.

  • How The CRE Industry Is Adapting To Tariff Uncertainty

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    Amid uncertainty about pending tariffs and their potential ripple effects, including higher material costs, supply chain delays and tighter margins, commercial real estate industry players are focusing on strategic planning and risk mitigation, says Daniel Diaz Leyva at Day Pitney.

  • Reconciling 2 Smoke Coverage Cases From California

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    As highlighted by a California Department of Insurance bulletin clarifying the effect of two recent decisions on insurance coverage, the February state appellate ruling denying coverage for property damage from smoke, ash and soot should be viewed as an outlier, say attorneys at Reed Smith.

  • Contractor Remedies Amid Overhaul Of Federal Spending

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    Now that the period for federal agencies to review their spending has ended, companies holding procurement contracts or grants should evaluate whether their agreements align with administration policies and get a plan ready to implement if their contracts or grants are modified or terminated, say attorneys at DLA Piper.

  • Contract Disputes Recap: Terminations Galore

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    Attorneys at Seyfarth examine three recent decisions in which the Civilian Board of Contract Appeals and the Armed Services Board of Contract Appeals provide valuable insights into contract terminations, modifications and the jurisdictional requirements for claims.

  • Making The Opportunity Zones Program Great At Last

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    As the opportunity zone program approaches its expiration, the Republican-led government could take specific steps to extend and improve the program, address its structural flaws, encourage broader participation and enable it to live up to its promised outcomes, say attorneys at Pillsbury.

  • Investor Essentials For Buying Federally Owned Property

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    Investors and developers can take advantage of the Trump administration's plan to sell government-owned real estate by becoming familiar with the process and eligible to bid, and should prepare to move quickly once the U.S. General Services Administration posts the list of properties for sale, say attorneys at Holland & Knight.

  • How 2025 Is Shaping The Future Of Bank Mergers So Far

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    Whether the long-anticipated great wave of consolidation in the U.S. banking industry will finally arrive in 2025 remains to be seen, but the conditions for bank mergers are more favorable now than they have been in years, say attorneys at Skadden.