More Real Estate Coverage
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February 19, 2025
Ill. Dept. OKs Quantum Computing Building Tax Credit Regs
Illinois individual and corporate taxpayers may claim income tax credits for a portion of wages paid to workers employed in the construction of quantum computing campus facilities, the state Department of Revenue said in adopted regulatory amendments.
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February 19, 2025
Stearns Weaver Brings On Planning, Development Head In Fla.
Stearns Weaver Miller Weissler Alhadeff & Sitterson PA has a new nonattorney director of planning and development services who has racked up more than two decades of experience in both the public and private sectors in Florida.
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February 18, 2025
Colo. Property Owner Sued For Substandard Conditions
A proposed class of Denver tenants has claimed in Colorado state court that property manager Centerspace LP neglected its apartment building to the point that it became uninhabitable over the previous three years.
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February 18, 2025
NY Broadens Tax Break Guidelines For Development Projects
New York state broadened guidelines for determining whether some economic development projects may be eligible for property and sales tax exemptions based on the level of a project's on-site child care services under clarifying legislation signed by Democratic Gov. Kathy Hochul.
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February 18, 2025
Jones Day Leads Sherwin-Williams On $1.15B Brazil Paint Buy
Jones Day is guiding Cleveland-based Sherwin-Williams Co. on a new deal to buy the Brazilian architectural paints business of BASF Group, advised by Linklaters and Machado Meyer, for $1.15 billion in cash.
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February 18, 2025
Cozen O'Connor Adds Father-Daughter Real Estate Duo
Cozen O'Connor is expanding its real estate services in the Philadelphia office by adding a father-daughter duo that includes an attorney with more than two decades of experience who moved his practice after 19 years with Faegre Drinker Biddle & Reath LLP.
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February 18, 2025
Denver Landlord Says Defunct Moye White Owes Nearly $4M
A Denver landlord accused defunct law firm Moye White LLP in Colorado state court of owing almost $4 million after the law firm closed down in 2024.
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February 13, 2025
NY State Says Nothing New In Seneca Nation's Thruway Suit
The state of New York is asking a federal district court to dismiss a challenge by the Seneca Nation over a portion of thruway that runs through its reservation, arguing that nothing could have possibly changed in the 14-year dispute over the validity of a 1954 easement.
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February 13, 2025
DC Judge Says Utah Tribe Can't Restore Reservation Lands
A District of Columbia federal judge refused to hand over ownership of federally managed land in a Utah reservation to a Utah tribe, ruling Thursday that the tribe wasn't entitled to ownership.
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February 12, 2025
Rhodium Says Landlord Tried To 'Destroy' It In $300M Suit
Bankrupt Bitcoin mining company Rhodium Encore has filed a $300 million lawsuit in Texas bankruptcy court accusing competitor Riot Platforms and landlord and power provider Whinstone US Inc. of sabotaging its business and driving it into bankruptcy.
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February 12, 2025
5th Circ. OKs Drop Of Litigation Over Biden-Era GHG Rule
The Fifth Circuit has signed off on the Trump administration's decision to cease litigation over a Biden-era rule that required states to set targets for reducing greenhouse gas emissions tied to federally funded highway projects.
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February 11, 2025
NY Bill Would Direct New Tax Revenue To Property Tax Cuts
New York state would require money derived from new or increased taxes to be used to reduce local property taxes under a bill introduced in the Senate.
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February 11, 2025
Paul Hastings Adds RE Partners From King & Spalding In DC
Two King & Spalding LLP real estate attorneys who have worked together for at least a decade have moved their practices to Paul Hastings LLP's Washington, D.C., shop, telling Law360 Pulse on Monday that they wanted to join the team because of the firm's recent growth.
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February 11, 2025
Bannon Cops To Fraud Scheme In Border Wall Case
Donald Trump's former chief strategist, Steve Bannon, pled guilty Tuesday to a single felony fraud scheme charge in New York state court as part of a deal with Manhattan prosecutors to avoid jail time in his "We Build The Wall" charity fraud case.
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February 10, 2025
Texas Property Owner Seeks Over $1M In Storm Coverage
A Nationwide unit unlawfully failed to cover hail and wind damage to a Texas property, its owner alleged in federal court, accusing the insurer of fraud and violating state insurance statutes over unfair settlement practices and prompt claim payment and seeking over $1 million in damages.
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February 10, 2025
Calif. Tribe Says DOI Gives It No Protection In Casino Row
The Federated Indians of Graton Rancheria told a California federal judge that the U.S. Department of the Interior filed an incomplete status report about how it will monitor another tribe's project plans for the construction of a casino, saying the report fails to protect FIGR.
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February 10, 2025
Latest Ore. Fire Verdict Brings PacifiCorp Damages To $270M
An Oregon jury held that PacifiCorp must pay $49.5 million to eight victims of the state's 2020 Labor Day wildfires, bringing the total damages verdicts in the class action to $270 million so far as more bellwether trials loom throughout 2025.
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February 10, 2025
Ill. House Bill Seeks Study Of Eliminating Property Tax System
Illinois would direct its Department of Revenue and the governor's Office and Management and Budget to determine the possibility of eliminating the state's property tax system and replacing the revenue with income tax receipts under a bill introduced in the state House of Representatives.
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February 10, 2025
BCLP Received Improper OK To Challenge Ga. Fee Ruling
A Georgia state appeals court said Monday that it improperly gave Bryan Cave Leighton Paisner LLP the green light to appeal a trial court ruling ordering the firm to return more than $125,000 in connection to a dispute between an Atlanta attorney and an airport travel spa operator.
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February 10, 2025
Ill. Bill Seeks Income Tax Break For Child Care Property Tax
Illinois would create an individual and corporate income tax deduction for property taxes paid by privately owned child care centers under a bill introduced in the state House of Representatives.
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February 07, 2025
Judge Sides With Ga. Railroad In Eminent Domain Battle
A Georgia state court judge sided Thursday with a railroad company in an eminent domain fight with residents opposing the construction of a rail spur through their property, upholding a Georgia Public Service Commission ruling that gave the green light to the condemnation.
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February 07, 2025
Trump Admin Freezing EV Charging Station Funds
The Federal Highway Administration told state transportation department directors it is freezing a $5 billion initiative aimed at helping states deploy electric vehicle charging stations — a move the Sierra Club called both "illegal and terrible."
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February 06, 2025
Wash. Tribe Can't Open 50-Year-Old Fishing Rights Dispute
The Sauk-Suiattle Indian Tribe cannot open a new subproceeding in a 50-year-old case about tribal fishing rights, a Washington federal judge has ruled, finding that the tribe's request is "dead on arrival."
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February 06, 2025
Chaitman Offers $900,000 To Settle Mal Claim In RE Case
Chaitman LLP and its principal, Helen Davis Chaitman, have offered $900,000 to settle a malpractice lawsuit stemming from real estate litigation, according to a filing in New Jersey Superior Court.
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February 06, 2025
Ala. Tribe Fights Bid To Renew Burial Grounds Row
The Poarch Band of Creek Indians is asking a federal district court to deny a bid by the Muscogee (Creek) Nation to renew a complaint in a dispute over an Alabama burial site, arguing the new claims should have been added to the original lawsuit more than a decade ago.
Expert Analysis
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Biden's Infrastructure Funding Comes With Strings Attached
The bipartisan infrastructure funding bill enacted last November creates new jobs and business opportunities, but its changes to domestic preferences and Made in America enforcement also give rise to new compliance hazards for unwary manufacturers and government contractors, say Jeffrey Belkin and Grecia Rivas at Alston & Bird.
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NIMBYism Is Endangering America's Clean Energy Future
The U.S. has made remarkable strides in recent years toward a cleaner, more sustainable energy future — but further progress is threatened by a not-in-my-backyard cancel culture that seeks to thwart every type of major energy development, says Albert Wynn at Greenberg Traurig.
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Science-Based Definition Of US Waters Won't Pass In Court
The U.S. Environmental Protection Agency and the U.S. Army Corps of Engineers recently proposed a science-backed definition of "waters of the United States" for the Clean Water Act, but the U.S. Supreme Court is unlikely to be persuaded that science trumps a constitutional or statutory limit on the EPA's and the Corps' authority, says Jeffrey Porter at Mintz Levin.
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What Justices' Groundwater Ruling Means For State Disputes
The U.S. Supreme Court's recent decision in Mississippi v. Tennessee aids future negotiations over interstate groundwater resources, both by explicitly informing states what the default rule is, and by implicitly giving states authority to trade off water rights across a broader spectrum of water resources, says Robin Craig at USC Gould School of Law.
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BGC-Cantor Suit Highlights Independent Directorship Issue
The Delaware Chancery Court recently sent breach of fiduciary duties claims to trial in the disputed merger between BGC and a unit of Cantor Fitzgerald, highlighting both the legal benefits of seeking out directors that meet the court's criteria of independence from the controller, and the significant, negative impacts when they are not, say attorneys at Fried Frank.
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How Dealmakers Can Bridge M&A Differences In US, Europe
As business continues to heat up globally, differing practices and norms in mergers and acquisitions can lead to misunderstandings between U.S. and European dealmakers, but a comparison of documentation structures and processes can help avert these complications, say Piotr Korzynski and Piotr Jaskiewicz at Baker McKenzie.
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Feds May Need Power To Take State Lands For New Grid
The Biden administration's plan to move the U.S. electricity sector to renewable energy will require extensive new high-voltage transmission infrastructure, but since states have the ability to block construction of power lines, Congress will need to give federal regulators eminent domain authority over state-owned lands to get the job done, say attorneys at V&E.
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How Canceling The Border Wall Affects Gov't Contractors
President Joe Biden's cancellation of the border wall project has left some federal contractors in the lurch, but including protective flow-down termination clauses in their contracts can guard against subcontractor liability and ensure recovery, says Adrien Pickard at Shapiro Lifschitz.
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Biden Climate Push Means Fossil Fuel Cos. Must Innovate
The Biden administration's strong focus on climate change puts unprecedented pressure on oil, gas and coal companies to strategically embrace new clean and low-emission technologies, predict and minimize environmental impacts, and prioritize innovation in order to sustain long-term viability, say attorneys at Akin Gump.
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How Environmental Litigation Can Block Renewable Projects
While renewable energy projects can reduce greenhouse gas emissions, they are not immune from environmental challenges filed by citizens groups, conservation organizations and even competitors — so project developers must plan their environmental and permitting reviews carefully, say Jonathan Brightbill and Madalyn Brown at Winston & Strawn.
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Gulf Coast Offshore Wind: Opportunities And Challenges
A recent announcement from the U.S. Department of the Interior signals opportunities for clean energy developers on the Gulf of Mexico outer continental shelf, but offshore wind projects in the region will still face many environmental and technical hurdles, say attorneys at Shearman.
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Court Challenges, New Regs May Slow Infrastructure Plans
The U.S. Senate's passage of the bipartisan infrastructure bill heralds possible opportunities for companies in construction, finance and related sectors — but pending litigation and anticipated revisions to National Environmental Policy Act regulations might further complicate the already convoluted federal approval process for individual projects, say Carla Consoli and James Voyles at Lewis Roca.
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Clear Documentation Helps Avoid Power Project Disputes
Claim trends show that a major driver of international arbitration disputes over the building and commissioning of power generation projects is lack of clarity around the scope of work to be performed by different parties — so defining and documenting all participants' responsibilities from the start can help head off conflicts, say engineers at Exponent.