More Real Estate Coverage

  • January 29, 2024

    Escrow Agent Not Covered For Fraud Suits, Court Told

    An escrow agent no longer has coverage for four underlying suits accusing it of unlawfully withholding funds or distributing them to third parties who had no valid claim to the money, an insurer told a Florida federal court, saying its theft coverage extension endorsement has been exhausted.

  • January 26, 2024

    Biden Stokes LNG Uncertainty With Export Review Pause

    The Biden administration's pause of its approvals of liquefied natural gas exports to countries that don't have free-trade agreements with the U.S. will delay several projects and have potential customers question whether their supply agreements can ultimately be honored.

  • January 26, 2024

    CBD Co. Asks Judge To Reject Franchisee's $10M Claims

    The owner of the Your CBD Store brand has urged a Georgia federal court to snuff out an arbitration action brought by one of its franchisees seeking as much as $10 million in damages, according to a lawsuit that says an oral agreement between the two cannot be arbitrated.

  • January 26, 2024

    Property Plays: Phipps, Sunroad, EastGroup

    Phipps Houses has landed $98.2 million in financing for a Queens residential project, Sunroad Enterprises has scored $149 million in refinancing for a multifamily portfolio spanning three states and EastGroup Properties has picked up three industrial buildings in Las Vegas for $54.8 million.

  • January 26, 2024

    State Farm Underpaid Miss. Property Losses, Class Suit Says

    A Mississippi homeowner accused State Farm Fire and Casualty in federal court of intentionally underpaying her fire damage claim by using the wrong setting in its pricing software, treating the repairs as new construction and improperly excluding higher labor costs associated with more complicated fixes. 

  • January 26, 2024

    Biden Admin Pauses LNG Reviews Over Climate Concerns

    The Biden administration on Friday said it would pause its approvals of liquefied natural gas exports to countries that don't have free-trade agreements with the U.S., and revise its export policy to greater account for LNG's impacts on climate change and energy prices.

  • January 25, 2024

    Wash. Justices Spare Homeowners From Lakeshore Eviction

    The Washington State Supreme Court on Thursday said a group of homeowners are the legal owners of shoreline where they built boat docks and decks, rejecting a county government's argument that it controlled the lakeshore linked to a county recreational trail under a 19th-century federal railroad right-of-way law.

  • January 25, 2024

    DC Circ. Unsure About Wading Into PR Bay Dredging Fight

    The U.S. Army Corps of Engineers faced off against several environmental groups at the D.C. Circuit Thursday over a dredge project that would widen Puerto Rico's largest port, but the panel seemed more concerned about whether it had the jurisdiction to hear the appeal at all.

  • January 25, 2024

    FERC Won't Halt Work On Texas LNG Export Terminal

    The Federal Energy Regulatory Commission has said it won't pause authorized construction on a liquefied natural gas export terminal on the South Texas Gulf Coast, a decision a dissenting commissioner said perpetuates and magnifies injuries to environmental justice communities and ignores evidence of harm to public health and the environment.

  • January 25, 2024

    States, Industry Back Feds' Land Swap Fight At 9th Circ.

    The states of Idaho and Utah, the U.S. Chamber of Commerce and the National Mining Association have joined the federal government in urging the Ninth Circuit to overturn a lower court ruling in favor of the Shoshone-Bannock Tribes' challenge to a land transfer intended for the expansion of a fertilizer plant.

  • January 25, 2024

    Lender Aided $8M Kuwaiti Royal Rip-Off, Judge Finds

    A Maryland federal judge ordered a lender to pay at least $469,990 after finding the company helped further a Baltimore restaurant owner's scheme that bilked $7.8 million from a member of the Kuwaiti royal family.

  • January 24, 2024

    Investors Urge NY Court To Restore RMBS Fraud Claim

    A group of investors in a residential mortgage-backed securities entity asked a New York state appeals court Wednesday to hold one of the project officers liable for concealing negative information about its prospects.

  • January 24, 2024

    Bid To Swap Chevron For An Old Standby Raises Doubts

    Last week, the U.S. Supreme Court debated whether a World War II-era doctrine encouraging courts to strongly consider agency statutory interpretations could replace the court's controversial so-called Chevron doctrine that requires judges to defer to those interpretations if a statute is ambiguous.

  • January 24, 2024

    Iowa Senate Bill Seeks Tax Break For Moveable Structures

    Iowa would prohibit moveable structures that aren't connected to gas, electricity or other utilities and meet other requirements from being assessed and taxed as real property under a bill introduced in the state Senate.

  • January 24, 2024

    Mohawk Council Wants To Withdraw From 1796 Land Dispute

    The Mohawk Nation Council of Chiefs says a recent decision to withdraw from a land settlement agreement with the state of New York over a decadeslong lawsuit involving more than 2,000 acres of illegally purchased land was not easy but was made in the interest of protecting the territorial integrity of the Mohawk Nation.

  • January 23, 2024

    PacifiCorp Owes At Least $62M To 9 Homeowners Hit By Fires

    PacifiCorp must pay at least $62 million in compensatory damages to nine people who fled their homes in a Labor Day 2020 fire outbreak, a Portland, Oregon, jury found Tuesday, with parties confirming the amount could be much higher with the expected addition of punitive damages.

  • January 23, 2024

    ​​​​​​​Ch. 11 Preference Claims Can Be Sold, 5th Circ. Says

    The Fifth Circuit ruled Tuesday that interest in Chapter 11 preference actions, which seek to claw back payments a debtor made to creditors prior to bankruptcy, can be sold as "property of the estate," weighing in on the issue for the first time.

  • January 23, 2024

    Court Will Rethink Tribes' Claims In Railroad Dispute

    An Idaho federal judge has reinstated two Quiet Title Act claims the Shoshone-Bannock Tribes of the Fort Hall Reservation lodged against the federal government in a dispute over land once used by a railway, agreeing that a Supreme Court ruling requires the reversal of a prior order dismissing the claims.

  • January 22, 2024

    PacifiCorp Should Pay $45M To 9 Wildfire Victims, Jury Hears

    Nine people who fled their homes during a Labor Day 2020 wildfire outbreak each deserve at least $5 million from the owner of Pacific Power, their lawyers told a Portland, Oregon, jury in closing arguments Monday, while the company said reasonable numbers would be much lower.

  • January 22, 2024

    Iowa County's CO2 Pipeline Rules Are Preempted, Judge Told

    The developer of a proposed interstate carbon dioxide pipeline has told a federal judge that rules restricting its project passed last week in Palo Alto County, Iowa, are preempted by federal law, as the company pointed to a ruling last month blocking two other local ordinances.

  • January 22, 2024

    World Cup Workers' Abuse Claims Are Misdirected, US Co. Says

    Filipino laborers who claimed they were subjected to abusive work and living conditions while helping build facilities for the 2022 FIFA World Cup in Qatar aimed their ire in the wrong direction, a U.S. construction company told a Colorado federal judge in a bid to dismiss the suit.

  • January 22, 2024

    Feds Defend Ability To Take Land Into Trust For Alaska Tribes

    The U.S. government is urging an Alaska federal judge to reject the state of Alaska's arguments that the Interior Department's decision to take a 787-square-foot piece of land in downtown Juneau in trust for the Central Council of Tlingit and Haida Indian Tribes oversteps its authority or threatens state jurisdiction.

  • January 22, 2024

    Holland & Knight Brings On Greenspoon Public Finance Pros

    A pair of former Greenspoon Marder LLP public finance attorneys who both have about four decades of experience in their practice area have jumped to Holland & Knight LLP, the firm announced Monday.

  • January 19, 2024

    Law360 Names Firms Of The Year

    Eight law firms have earned spots as Law360's Firms of the Year, with 55 Practice Group of the Year awards among them, steering some of the largest deals of 2023 and securing high-profile litigation wins, including at the U.S. Supreme Court.

  • January 19, 2024

    Law360 Names Practice Groups Of The Year

    Law360 would like to congratulate the winners of its Practice Groups of the Year awards for 2023, which honor the attorney teams behind litigation wins and major deals that resonated throughout the legal industry this past year.

Expert Analysis

  • 4 Ways To Reboot Your Firm's Stalled Diversity Program

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    Law firms that have failed to see real progress despite years of diversity initiatives can move forward by committing to tackle four often-taboo obstacles that hinder diversity, equity and inclusion efforts, says Steph Maher at Jaffe.

  • What To Expect From A Litigation Finance Industry Recession

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    There's little data on how litigation finance would fare in a recession, but a look at stakeholders' incentives suggests corporate demand for litigation finance would increase in a recessionary environment, while the number of funders could shrink, says Matthew Oxman at LexShares.

  • Insureds Must Prep For Drought-Related Service Interruptions

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    Amid the ongoing U.S. water crisis, corporate policyholders must prepare for the emerging risk of service interruption property damage and time element loss, including through careful examination of their current and renewal property policies, says Micah Skidmore at Haynes Boone.

  • How To Select The Right Arbitrator For A Construction Dispute

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    In construction disputes, selecting an arbitrator is a critical decision with many nuances to consider, as different types of potential panelists all come with their own experiences, views and possible biases, says Edward Gentilcore at Blank Rome.

  • Liquefied Natural Gas Outlook: Industry Under Pressure

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    While last year saw a remarkable turnaround in the liquefied natural gas market, with strong demand for U.S. LNG projects, the industry must now confront problems including increased credit and construction costs, and the possibility of fewer LNG conversions due to higher prices, say Monica Hwang and Silvia Smith at O'Melveny.

  • Bid Protest Spotlight: Lessons For Joint Ventures

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    In this month's bid protest roundup, Alissandra McCann at MoFo examines recent decisions from the U.S. Government Accountability Office and the U.S. Court of Federal Claims of particular significance to joint ventures, concerning past performance evaluation and misrepresentation, and registration in the System for Award Management.

  • Justices Leave Questions Open On Dual-Purpose Atty Advice

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    The U.S. Supreme Court's recent dismissal of In re: Grand Jury on grounds that certiorari was improvidently granted leaves unresolved a circuit split over the proper test for deciding when attorney-client privilege protects a lawyer's advice that has multiple purposes, say Susan Combs and Richard Kiely at Holland & Hart.

  • India's Budget Proposals May Ease Entry For Certain Sectors

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    India’s recently released budget includes proposals to facilitate doing business in Gujarat International Finance Tec-City and moderate thousands of compliance requirements, opening up new opportunities for foreign businesses in the digital infrastructure, manufacturing and renewable energy sectors, say Mukesh Butani and Seema Kejriwal at BMR Legal.

  • Steps Lawyers Can Take Following Involuntary Terminations

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    Though lawyers can struggle to recover from involuntary terminations, it's critical that they be able to step back, review any feedback given and look for opportunities for growth, say Jessica Hernandez at JLH Coaching & Consulting and Albert Tawil at Lateral Hub.

  • High Court Ax Of Atty-Client Privilege Case Deepens Split

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    The U.S. Supreme Court's recent dismissal of In re: Grand Jury as improvidently granted maintains a three-way circuit split on the application of attorney-client privilege to multipurpose communications, although the justices have at least shown a desire to address it, say Trey Bourn and Thomas DiStanislao at Butler Snow.

  • 3 Job Satisfaction Questions For Partners Considering Moves

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    The post-pandemic rise in legal turnover may cause partners to ask themselves what they really want from their workplace, how they plan to grow their practice and when it's time to make a move, says Patrick Moya at Quaero Group.

  • 4 Exercises To Quickly Build Trust On Legal Teams

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    High-performance legal teams can intentionally build trust through a rigorous approach, including open-ended conversations and personality assessments, to help attorneys bond fast, even if they are new to the firm or group, says Ben Sachs at the University of Virginia School of Law.

  • Key Considerations For Appointing A Real Estate Receiver

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    With commercial real estate loan distress expected to grow dramatically in the coming months, lenders should make sure to understand best practices for seeking appointment of a receiver over a defaulted property, say Dave Wald at Wald Realty Advisors and Mark Silverman at Locke Lord.

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