More Real Estate Coverage
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March 04, 2024
5th Circ. Says $100M Royalties Row Belongs In Fed. Court
The Fifth Circuit has vacated a Texas federal court's remand of a $100 million suit in which a proposed class of mostly Texas property owners is accusing Devon Energy Production Co. of underpaying oil and gas royalties, ruling that the Class Action Fairness Act's "local controversy" exception does not apply.
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March 04, 2024
Sullivan & Cromwell-Led United Rentals Paying $1.1B For Yak
Sullivan & Cromwell LLP is representing equipment rental giant United Rentals in a new agreement to buy the Yak roadway matting business from Morgan Lewis-guided Platinum Equity for $1.1 billion, United said in a statement Monday.
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March 01, 2024
Wash. Judge Doubts Public Was Shut Out Of Shelter Plan
A Washington state appellate judge on Friday asked opponents of a plan to turn a hotel near Seattle into a shelter for homeless people why a pair of community meetings weren't enough to meet King County's obligation to listen to public feedback.
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March 01, 2024
Enviro Group Loses Challenge To NJ Wind Farm Plan
A New Jersey federal judge has tossed a challenge by a Garden State advocacy group and its founder to two offshore wind projects, including Orsted A/S' now-scrapped plan, ruling that the group failed to show how it is actually injured.
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March 01, 2024
Conn. AG Tells Lawmakers To Ban MV Realty's 'Scam Deals'
Connecticut's attorney general urged state lawmakers to protect vulnerable homeowners by passing legislation banning a business model used by MV Realty to rack up thousands in junk fees on people who sign their 40-year exclusive listing agreements.
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February 29, 2024
Veil Shouldn't Be Pierced To Decode Contracts, Panel Says
The doctrine of piercing the corporate veil shouldn't be used to interpret disputed contract terms, a split Colorado appellate panel ruled Thursday, reversing a trial court's award of more than $600,000 in a real estate fight between two longtime friends.
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February 29, 2024
STB, CSX Tell Justices To Reject Norfolk Southern Appeal
Norfolk Southern Railway Co. has taken its contentious battle to have itself declared immune to a rival's antitrust suit to the U.S. Supreme Court, but the competitor that's suing it and the regulator who declared it not exempt are both asking the justices to leave well enough alone.
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February 29, 2024
Munck Wilson Adds IP Lawyer From Wood Smith
A former Wood Smith Henning & Berman LLP attorney has made the move to Munck Wilson Mandala LLP in Los Angeles, bringing with her a history of working on intellectual property litigation and other commercial matters.
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February 28, 2024
Fla. Judge OKs $43.5M Deutsche Bank Deal In Ch. 15 Case
A Florida bankruptcy judge on Wednesday approved a $43.5 million settlement between Deutsche Bank AG and liquidators for a group of Caribbean-based companies to resolve claims against the bank for its alleged role in a real estate Ponzi scheme targeting rich South Americans.
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February 28, 2024
NY Judge In Trump Case Receives Suspicious White Powder
A suspicious white powder spilled out of an envelope addressed to the judge who ruled against Donald Trump in his New York civil fraud case, prompting emergency personnel to flood the courthouse at 60 Centre St. in Manhattan on Wednesday.
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February 27, 2024
Mohawk Nation Rejects 1796 Land Agreement, Court Told
The Mohawk Nation says it has numerous outstanding issues regarding a proposed settlement with the state of New York over 2,000 acres of land stemming from a 1796 treaty, arguing that its concerns have yet to be addressed or considered relevant by the court or its present counsel as negotiations continue.
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February 27, 2024
CARES Act Not For Violent Tenants, Court Says, Creating Split
A Washington appellate panel said Monday that the CARES Act eviction notice only applies to tenants who are late on rent, not when landlords want to quickly oust violent tenants, in an opinion that differs from a recent ruling from another state appellate panel.
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February 27, 2024
PacifiCorp Faces $50M Ask In Latest Wildfire Trial
Nine Oregonians and a summer camp for the disabled went to trial Tuesday in state court against PacifiCorp, asking a Portland jury to award at least $50 million after a cluster of 2020 wildfires left them with "nowhere to go, but nowhere to return to."
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February 27, 2024
Wash. Judge Asks If COVID 'Fire Sale' Should Impact Tax Plan
A Seattle city attorney asked a Washington state appeals court on Tuesday to let the city keep a $160 million special property tax in place to fund waterfront improvements, as one judge questioned during oral arguments whether diminished property values post-pandemic should make the city recalculate the tax.
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February 27, 2024
States, Businesses Aim To Kill Feds' Revised Water Rule
States and business groups have asked a North Dakota federal judge to force the U.S. Environmental Protection Agency to revise regulations intended to define the scope of the federal government's authority under the Clean Water Act.
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February 27, 2024
Conn. Mortgage Biz Rips 'Maximalist' CFPB Licensing Stance
Shuttered East Hartford mortgage company 1st Alliance Lending LLC and its co-owners have argued a Connecticut federal court should throw out the U.S. Consumer Financial Protection Bureau's claims that they deceived borrowers by letting unlicensed consultants create and manage their loans, asserting that the agency's "maximalist position" goes beyond the law.
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February 27, 2024
Energy Co. Asks 8th Circ. To Revive Lease Termination Suit
A Denver-based energy company has told the Eighth Circuit that a North Dakota federal judge was wrong to dismiss its lease termination suit and hold that it had not exhausted its administrative remedies when its appeal of the Bureau of Indian Affairs decision had dragged on for nine-plus years.
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February 26, 2024
Feds, Fla. Oppose Sharing Power In Clean Water Act Program
The federal government and Florida are now fighting over how much power each should get after a D.C. federal judge struck down the U.S. Environmental Protection Agency's decision to approve the Sunshine State's bid to assume authority over a key Clean Water Act permitting program.
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February 26, 2024
Pastor And Ally Of NYC Mayor Was A Con Man, Jury Hears
A well-known Brooklyn pastor with close ties to New York City Mayor Eric Adams is a con man, a Manhattan federal prosecutor told jurors Monday, one who lied to lenders, stole from an elderly parishioner and claimed his connections to City Hall could result in millions of dollars in profits from a real estate deal.
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February 26, 2024
Del. Justices Deny Second Chance For Texas Land Co. Suit
Two investors in one of Texas' largest land holding companies lost a bid Monday for Delaware Supreme Court revival of a suit challenging a six-fold increase in company shares, upholding a Court of Chancery finding in December.
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February 26, 2024
Trump Calls Biz Bans 'Punitive' In $465M Civil Fraud Appeal
Donald Trump, his adult sons, his companies and former officers moved to appeal the $464.6 million civil fraud judgment handed down by a New York state judge earlier this month, accusing the judge of overstepping his authority and issuing "punitive" relief.
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February 23, 2024
Wildlife, Paddling Groups Want To Join Clean Water Act Fight
The National Wildlife Federation and American Whitewater are asking a Louisiana federal judge to let them join litigation over an updated Clean Water Act rule that expanded states' and tribes' ability to block projects such as pipelines and dams over water quality concerns, to ensure their interests are considered.
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February 23, 2024
Tribal Biz Atty Must Meet Calif. DA Over Greenhouse Wreckage
A California federal judge has ordered the lawyer for a business owned by a tribal conglomerate to attend a hearing with San Bernardino County's district attorney, saying the lawyer must explain why he forced the DA to file a unilateral status report about the destruction of illegal cannabis greenhouses.
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February 23, 2024
1st Circ. Told Wind Farm's Approval Should've Been A Breeze
A wind farm developer has asked the First Circuit to reject fishing groups' challenge to the U.S. Department of the Interior's approval of a proposed project off the coast of Martha's Vineyard, saying the effort to sink the plan can't survive because the agency did things by the book.
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February 22, 2024
Wildlife Group Sinks USDA Agricultural Wetlands Rule
A D.C. federal judge on Thursday ruled that the U.S. Department of Agriculture inappropriately altered its program designed to stop the development of wetlands on farmland and struck down those regulations.
Expert Analysis
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California Is Filling The Gaps In The Clean Water Act
As the Trump administration takes steps to shrink the scope of federal Clean Water Act jurisdiction, California has issued regulations establishing stricter oversight of discharges to waters in the state. Members of the regulated community must understand the state's expansive new definitions of "waters" and "wetlands," says Joshua Bloom of Environmental General Counsel.
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Now In Congress: Budget, Nominations, Mueller Report
As both chambers of Congress grapple with difficult decisions on appropriations bills, there is partisan rancor over President Donald Trump's budget proposal, the report of special counsel Robert Mueller, and rule changes for debate over presidential nominations, says Layth Elhassani of Covington & Burling.
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How Rebuilding America's Infrastructure Is Going So Far
Despite piecemeal legislative efforts, little has been done in two years to further President Donald Trump’s promise to rebuild America's crumbling infrastructure — but a federal infrastructure bill may be on the horizon, say attorneys at Jones Day.
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Rules For Mass. Discrimination Claims Could Get Revamped
While most of the proposed procedural changes at the Massachusetts Commission Against Discrimination appear to be designed for the convenience and efficient operation of the commission, a few may leave some complainants at a disadvantage, say Brian MacDonough and Jaclyn McNeely of Sherin and Lodgen.
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What EU Investment Screening Will Mean For Dealmakers
Last week, the European Council approved a regulation to screen foreign direct investment into European Union member states on national security grounds. Dealmakers considering near-term transactions with a nexus to the EU will need to evaluate how the new regulations may impact deal timelines, disclosures, certainty and costs, say attorneys with Kirkland & Ellis LLP.
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Constitutional Force-Pooling Arguments Face Uphill Battle
Opponents of oil and gas development in Colorado have brought constitutional challenges to the state's process for force-pooling mineral rights in federal court. But their Fifth and Fourteenth Amendment arguments were recently rejected by a federal court in Ohio in a separate case, say Ivan London and Zachary Fitzgerald of Bryan Cave Leighton Paisner LLP.
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Contractors Should Prepare For Border Wall Reallocation
The funding provisions of President Donald Trump's national emergency declaration for the border wall could affect hundreds of military construction projects, contractors and subcontractors. Smart contractors should act now to protect their interests, says Lucas Hanback of Rogers Joseph O’Donnell PC.
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Now In Congress: State Of The Union, Border Wall, Syria
Amid concern that the impasse over a southern border wall might lead to another government shutdown, President Donald Trump's first State of the Union address since the Republican Party lost control of the House of Representatives in the midterm elections offered a blend of bridge-building and confrontation, says Layth Elhassani of Covington & Burling LLP.
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Can A Driller Trespass While Fracking On Its Own Lease?
In Briggs v. Southwestern Energy Company, the Pennsylvania Supreme Court will review whether a driller can be held liable in trespass for hydraulically fracturing a well located entirely on its own lease site. The decision could spur a wave of litigation in the nation's largest shale gas producing region, says Donald Jackson of McGinnis Lochridge.
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Constitutional Challenges To Pipeline Takings Face Obstacles
In a petition to the U.S. Supreme Court, the plaintiffs in Berkley v. Mountain Valley Pipeline claim the Natural Gas Act does not preclude district court review of constitutional objections to the law. However, their arguments are at odds with Supreme Court precedent, says Clay Massey of Alston & Bird LLP.
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2 Circuits Clear Up NGA Questions For Pipeline Cos.
Recent decisions from the Sixth and Eleventh Circuits address several common procedural issues in a manner favorable to pipeline companies seeking immediate possession in Natural Gas Act condemnations, says Arthur Schmalz of Hunton Andrews Kurth LLP.
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Receiverships May Be Particularly Useful For New Industries
Now more than ever, receiverships can help troubled enterprises when bankruptcy is not an option. In addition to Ponzi schemes and securities and real estate fraud, receiverships are increasingly used in cryptocurrency matters and cases of EB-5 immigrant investor program fraud, say Ira Bodenstein of Fox Rothschild LLP and Brian Soper of BMS.
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High Court's Frog Opinion Reaches Beyond ESA
The U.S. Supreme Court’s recent decision in Weyerhaeuser Co. v. U.S. Fish and Wildlife Service focused on interpreting the Endangered Species Act. However, a second aspect of the opinion will likely reach beyond the more obvious consequences, says Keith Bradley of Squire Patton Boggs LLP.