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Real Estate
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June 30, 2025
Aspen Hotel Investor Can't Get 2nd Go In $1M Fraud Suit
A Colorado federal judge on Monday dismissed the bulk of claims against a luxury hotel owner accused of stealing more than $1.3 million from a former investment partner, ruling that the claims have already been litigated in New York state court.
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June 30, 2025
Bankruptcy Judge Rejects NYC Landlord's Cash Collateral Bid
A New York federal bankruptcy judge refused to let landlord Pinnacle Group's 82 debtor entities use nearly $30 million in cash collateral intended for creditor Flagstar Bank, ruling that the debtors haven't shown they will meet the "adequate protection" requirements for using the funds.
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June 30, 2025
Conn. Expects Corporate Tax Changes To Raise Almost $350M
Connecticut will make changes to corporate taxes that are projected to raise nearly $350 million over two years — largely from repealing the state's $2.5 million cap on tax increases for some combined unitary taxpayers — under the 2026-27 budget signed Monday by the governor.
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June 30, 2025
Alaskan Tribe Found Immune In Residents' Casino Fight
A federal judge has found that the Native Village of Eklutna is a required party in a lawsuit by Anchorage residents who oppose the construction of a 58,000-square-foot casino, but has simultaneously ruled the tribe can't be joined in the litigation due to its sovereign immunity.
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June 30, 2025
Fla. Court Declines To Ax $70M 'Usurious' High-Rise Loan Suit
A Florida federal bankruptcy judge Monday declined to toss a Chapter 11 adversary lawsuit claim that a lender attempted to take ownership of a prized high-rise lot in downtown Miami through a "usurious" $70 million loan default, allowing parties to reargue their positions after an amended complaint was filed.
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June 30, 2025
Rite Aid Cleared To Sell Thrifty Ice Cream For $19.2M In Ch. 11
National pharmacy chain Rite Aid can sell its ice cream brand Thrifty for $19.2 million, more than doubling the opening price of a Chapter 11 auction, after a New Jersey bankruptcy judge on Monday rejected a losing bidder's request to reopen the auction.
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June 30, 2025
Data Brokers Can't Escape NJ Judicial Privacy Law Actions
Data security company Atlas Data Privacy Corp. has won the go-ahead to proceed with dozens of lawsuits based on the judicial privacy measure Daniel's Law against a group of data brokers in New Jersey federal court.
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June 30, 2025
Hyatt Selling Playa Real Estate Portfolio For $2B
Hyatt Hotels Corp. said Monday it has agreed to sell the real estate portfolio owned by Playa for $2 billion to Tortuga Resorts — a joint venture between an affiliate of private equity firm KSL Capital Partners and resort and hospitality company Rodina.
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June 30, 2025
McCarter & English Says Developer Estate Suit Is A Duplicate
McCarter & English LLP and the estate of a deceased attorney should not have to face a new lawsuit over the alleged mismanagement of a Connecticut retail developer's trust because it seeks to "derail" a pending case that is already teed up for trial, the defendants told a state court.
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June 30, 2025
Real Estate Groups Say NYC Broker Fee Ban Is Raising Rents
Real estate trade groups, landlords and brokers have told a New York federal court to block the enforcement of a New York City law that bans broker fees in certain circumstances, arguing that the local law is raising rents and that it needs to be blocked while they appeal the dismissal of several claims.
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June 30, 2025
Judge Hits Pause On Civil RICO Suit Against NJ Power Broker
A New Jersey judge has entered a consent order pausing a real estate developer's civil racketeering suit against influential South Jersey businessman George Norcross III, holding the parties' dispute in stasis until an appeal over the dismissal of a related criminal indictment can be resolved.
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June 30, 2025
Calif. Panel Chides Attys Who Hid Opponent's Inactive Status
In a precedential ruling, a California appellate panel found a party whose counsel's license was made inactive should have been treated as though the attorney had died or been suspended, overturning a $70,000 fee award levied against a woman who was not informed that her lawyer was inactive.
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June 30, 2025
RI Allows Local Tax Amnesty Programs For Every 3 Years
Rhode Island authorized municipalities to establish local tax amnesty programs every three years to give people and businesses a chance to resolve outstanding property tax liabilities without accruing interest under legislation signed by the governor.
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June 30, 2025
Seyfarth Lands 22 Transactional Attys From Morris Manning
Seyfarth Shaw LLP announced Monday that it has added a 22-lawyer transactional team from Morris Manning & Martin LLP, including 11 partners in the real estate, corporate and employee benefits groups, while the latter firm indicated it's in talks to expand its ranks.
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June 30, 2025
High Court Won't Review Landlords' COVID Eviction Ban Suit
A split U.S. Supreme Court on Monday declined to review a petition filed by billionaire developer and landlord Geoffrey Palmer that sought to recover $100 million by claiming harm from an eviction moratorium Los Angeles imposed after the outbreak of COVID-19.
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June 30, 2025
Justices Won't Review Taxing Of Power Plant On Tribal Land
The U.S. Supreme Court declined on Monday to hear a power company's claims that federal law protects a power plant it owns on tribal land in Arizona from property taxes.
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June 27, 2025
Real Estate Recap: Compass, Tariffs, Opportunity Zones 2.0
Catch up on this past week's key developments by state from ¼«ËÙÈü³µ Real Estate Authority — including attorney insights into the Compass v. Zillow lawsuit, tariff disruption and a potential update to the opportunity zone program.
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June 27, 2025
Ga. Panel Says Court's Tech Glitch Shouldn't Kill Appeal
The Georgia Court of Appeals on Friday revived a tenant's appeal of an eviction action, saying the trial court wrongly dismissed the matter when it failed to explain why evidence of a delay caused by the court's electronic filing system did not save the appeal.
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June 27, 2025
Greystar, Landlords Push To Toss DOJ's RealPage Suit
Greystar Management Services LLC and several other landlords urged a North Carolina federal court to toss a rent price-fixing suit lodged by the federal government and multiple states, arguing in part that they have failed to provide specifics for their antitrust claims.
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June 27, 2025
Groups Sue To Protect Everglades From 'Alligator Alcatraz'
Environmental groups sued Homeland Security Secretary Kristi Noem and Florida officials Friday in Miami federal court in a bid to halt the construction of a migrant detention center known as "Alligator Alcatraz" in the Everglades, alleging it wasn't properly vetted for how it will impact the protected wetlands.
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June 27, 2025
RE Developer Cops Plea, Settles SEC's $3M Fraud Suit
A New Hampshire-based real estate developer has agreed to plead guilty and settle parallel U.S. Securities and Exchange Commission claims that she defrauded investors out of more than $3 million through a series of real estate investment projects between 2018 and 2024.
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June 27, 2025
Compass Wants 'Zillow Ban' Halted For Antitrust Case
Compass asked a New York federal court Friday to stop Zillow from enforcing a new policy the real estate brokerage claims is designed to block competition, saying the threat of Zillow's rules is already causing harm and confusion.
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June 27, 2025
Philly District Inks DPA With Feds Over Asbestos In Schools
The School District of Philadelphia has agreed to federal oversight of its asbestos remediation efforts in its facilities after a five-year investigation revealed that it had fallen behind in dealing with airborne toxins from classrooms, the U.S. Attorney's Office for the Eastern District of Pennsylvania said Friday.
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June 27, 2025
Insurer Asks Court To Sort Out Paying Of $4.1M Settlement
An insurer asked a California federal court to decide who should receive a $4.1 million settlement of a homeowner's fire claims, saying it could not determine who was entitled to the payment because of a number of lien notices filed as the settlement was finalized.
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June 27, 2025
4 Firms Guide Blackstone's $2B CRE Loans Deal
Blackstone and Atlantic Union Bank's holding company have closed Blackstone's acquisition of $2 billion worth of performing commercial real estate loans from the holding company in a deal guided by Hunton Andrews Kurth LLP, Gibson Dunn & Crutcher LLP, Ropes & Gray LLP and Benesch Friedlander Coplan & Aronoff LLP, the companies jointly announced.
Expert Analysis
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Scope And Nature Of Judicial Relief Will Affect Loper's Impact
The practical result of post-Loper Bright rulings against regulatory actions will depend on the relief courts grant — and there has been controversy in these types of cases over whether the ruling is applied just to the parties or nationwide, and whether the action can be left in place while it's corrected, says Steven Gordon at Holland & Knight.
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Series
Adventure Photography Makes Me A Better Lawyer
Photographing nature everywhere from Siberia to Cuba and Iceland to Rwanda provides me with a constant reminder to refresh, refocus and rethink the legal issues that my clients face, says Richard Birmingham at Davis Wright.
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5 Ways To Create Effective Mock Assignments For Associates
In order to effectively develop associates’ critical thinking skills, firms should design mock assignments that contain a few key ingredients, from messy fact patterns to actionable feedback, says Abdi Shayesteh at AltaClaro.
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Opinion
Legal Personhood Can Give Natural Entities Their Day In Court
Granting legal personhood to natural entities like the River Thames, or vulnerable species like the Pacific bearded seal and Arctic ringed seal, could protect them from ecological threats and the vagaries of politics, and help us transform our relationship with nature, says Sachin Nandha at the International Centre for Sustainability.
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Takeaways From DOJ Fraud Section's 2024 Year In Review
Attorneys at Paul Weiss highlight notable developments in the U.S. Department of Justice Fraud Section’s recently released annual report, and discuss what the second Trump administration could mean for enforcement in the year to come.
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The 7th Circ.'s Top 10 Civil Opinions Of 2024
Attorneys at Jenner & Block examine the most significant decisions issued by the Seventh Circuit in 2024, and explain how they may affect issues related to mass arbitration, consumer fraud, class certification and more.
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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.
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Mentorship Resolutions For The New Year
Attorneys tend to focus on personal achievements or career milestones when they set yearly goals, but one important area often gets overlooked in this process — mentoring relationships, which are some of the most effective tools for professional growth, say Kelly Galligan at Rutan & Tucker and Andra Greene at Phillips ADR.
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LA Wildfires' Effect On Calif. Insurer Of Last Resort
Attorneys at Willkie discuss the background of California's insurer of last resort — known as the Fair Access to Insurance Requirements Plan — 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.
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Key Trends In PFAS Regulation And Litigation For 2025
The critical policy milestones for per- and polyfluoroalkyl substances expected in 2025 will not only shape the trajectory of PFAS regulation, but also set key precedents for environmental accountability, potentially reshaping the corporate approach to these "forever chemicals" for decades to come, say attorneys at MG+M.
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Algorithm Price-Fixing Ruling May Lower Antitrust Claims Bar
A Washington federal court's refusal to dismiss Duffy v. Yardi Systems, an antitrust case over rent prices allegedly inflated by revenue management software, creates an apparent split in the lower courts over how to assess such claims, say attorneys at Morgan Lewis.
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California's New Homeowner Law Could Hamper Foreclosures
While A.B. 2424, which took effect this month in California, gives homeowners in default additional protections, it also provides loopholes that can be used to delay foreclosure auctions, and the cost of these delays will likely be passed on to the borrower, says Stephen Britt at Severson & Werson.
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Series
Coaching Little League Makes Me A Better Lawyer
While coaching poorly played Little League Baseball early in the morning doesn't sound like a good time, I love it — and the experience has taught me valuable lessons about imperfection, compassion and acceptance that have helped me grow as a person and as a lawyer, says Alex Barnett at DiCello Levitt.
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5 Litigation Funding Trends To Note In 2025
Lawyers and their clients must be prepared to navigate an evolving litigation funding market in 2025, made more complicated by a new administration and the increasing overall cost of litigation, says Jeffery Lula at GLS Capital.
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Rethinking Litigation Risk And What It Really Means To Win
Attorneys have a tendency to overestimate litigation risk before summary judgment and underestimate risk after it, but an eight-stage litigation framework can clarify risk at different points and help litigators reassess what true success looks like in any particular case, says Joshua Libling at Arcadia Finance.