Natural Disasters And Wildfires Reshape CRE Dealmaking
Natural disasters are already reshaping all aspects of commercial real estate dealmaking, attorneys say, and their importance is expected to grow considerably as a result of the ongoing Los Angeles wildfires.
What Real Estate Attys Should Expect From New SEC
Real estate lawyers should anticipate a meaningful shift in policy from the U.S. Securities and Exchange Commission under President-elect Donald Trump's leadership, including a reduced focus on climate risk disclosures, according to speakers at a Practicing Law Institute panel.
Ackman Retracts Sullivan Dig In $1.5B Howard Hughes Offer
Pershing Square Holdings founder Bill Ackman has leaked a $1.5 billion proposal on social media that calls for merging his hedge fund and real estate developer Howard Hughes Holdings, and appeared to blame Sullivan & Cromwell LLP in a post for the informal release before he walked back that comment.
Commercial More
Real estate attorneys said President Donald Trump's return to work order for federal employees will not have much immediate impact on the office sector as the larger question of the size of the federal workforce looms.
A Louisiana federal judge lifted a stay and vacated an order to arbitrate a $7 million Hurricane Ida damage claim against domestic surplus insurers, ruling that a recent decision from Louisiana's top court rep... (more story)
Property Plays is a weekly roundup of the latest loans, leases, sales and projects around the country. Send your tips — all confidential — to realestate@law360.com.
A Colorado state appeals court affirmed a trial court's decision to dissolve a partnership that owned a ranch in the state, ruling for the first time that a test for determining when judicial dissolution is ne... (more story)
A medical cannabis-focused real estate investment trust lied to its shareholders about the profitability of its leasing operations and declining rents, a new suit has alleged in Maryland federal court.
The defendants who won a landmark 2023 U.S. Supreme Court ruling that narrowed certain types of corruption prosecutions have asked the justices to intervene in their case again, claiming the Second Circuit had... (more story)
Fried Frank and Skadden are among the law firms that landed work on the largest New York City real estate deals that hit public records last week, with a $355 million Manhattan deal leading the way.
Residential More
The U.S. Navy and a Tetra Tech unit have reached two settlements amounting to $97 million, resolving claims the subsidiary billed the Navy for radiation remediation services at a former Navy shipyard in San Fr... (more story)
A Los Angeles County judge ordered Southern California Edison Co. on Tuesday to produce data from its distribution circuits in the Altadena, California, neighborhood to a victim of the Eaton Fire, the first st... (more story)
Eric Scott Turner, President-elect Donald Trump's pick to lead the U.S. Department of Housing and Urban Development, said he would bring the agency's largely remote workforce back to the office and boost a pop... (more story)
Realogy and classes of individuals who allegedly received harassing phone calls from real estate agents in violation of federal telemarketing restrictions urged a California federal court to preliminarily bles... (more story)
California Attorney General Rob Bonta has sent more than 200 warning letters to Southern California landlords and hotels accused of price gouging as fires ravaged communities in the Los Angeles area, according... (more story)
Law360 would like to congratulate the winners of its Practice Groups of the Year awards for 2024, which honor the attorney teams behind litigation wins and significant transaction work that resonated throughou... (more story)
Eight law firms have earned spots as Law360's Firms of the Year, with 54 Practice Group of the Year awards among them, steering some of the largest deals of 2024 and securing high-profile litigation wins, incl... (more story)