More Real Estate Coverage
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March 13, 2024
Cozen O'Connor's Lobbying Arm Adds Land Use Expert In NY
The former chair of New York City's Landmarks Preservation Commission and the Board of Standards and Appeals has joined Cozen O'Connor Public Strategies, an affiliate of the international law firm Cozen O'Connor, as a senior principal.
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March 13, 2024
EB-5 Suit Says Hotel Project Tricked Non-English Speakers
A real estate investment company is facing a proposed class action in California federal court alleging it took advantage of immigrant investors' limited English by fraudulently making them agree that the company and an Embassy Suites project could keep their investments indefinitely.
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March 12, 2024
Committee Approves Bill Aimed At Blocking New Mining Rule
The House Committee on Natural Resources voted Tuesday to approve a bill aimed at blocking a proposed rule amendment by the Biden administration that would tighten the permitting process for mining projects deemed critical by the federal government despite concerns from Democrats over impacts to the environment and Native American sacred sites.
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March 12, 2024
Judge Questions If Citibank Can Avoid Escrow Theft Burden
A Washington appellate judge questioned Tuesday if Citibank and a loan servicer could escape liability after a rogue escrow agent stole nearly $1 million from a real estate company's refinancing deals, suggesting during oral arguments that the bank gets loan payments as successor lender and should bear some burden.
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March 12, 2024
La. Property Owners, Insurers Settle $5M Hurricane Ida Fight
Lloyd's of London and other insurers and underwriters have agreed to settle claims by a group of New Orleans-area property owners who allege the insurers wrongly denied more than $5.1 million in claims from Hurricane Ida damage after the insurers demanded the dispute be resolved in arbitration.
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March 11, 2024
Corps Says Groups Can't Show Dredging Permit Was Flawed
The U.S. Army Corps of Engineers and an Enbridge Inc. unit told the Fifth Circuit that several groups challenging a permit issued for dredging and construction for the expansion of a major oil terminal on Texas's Gulf Coast may want a different outcome but can't show any permitting decisions were flawed.
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March 08, 2024
NY AG And Judge In Trump Case Receive Death Threats
New York Attorney General Letitia James and the judge who oversaw her civil fraud case against former President Donald Trump each received death threats inside powder-laced envelopes that triggered a massive security response late last month, according to police and court officials.
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March 08, 2024
SEC's Scaled-Back Climate Regs Still Pose Major RE Burdens
Public real estate companies won't have to track the emissions of tenants under a dialed-down climate rule adopted by the U.S. Securities and Exchange Commission, yet new regulations still create a significant volume of disclosure requirements.
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March 07, 2024
$285M Panama Canal Case Must Be Reviewed, Justices Told
A contractor enlisted on a multibillion-dollar project to widen the Panama Canal is urging the U.S. Supreme Court not to ignore an "open conflict" among lower courts over the vacatur standard for evident partiality, as the justices get ready to issue a certiorari decision that will likely come later this month.
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March 07, 2024
Feds Designate 1.1M Acres Of Habitat For Imperiled Fla. Bat
In a move conservation groups characterized as much welcomed and long delayed, the U.S. Fish and Wildlife Service has designated about 1.1 million acres in southern and central Florida as critical habitat for the endangered Florida bonneted bat.
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March 07, 2024
Caribbean Resort Developer Says Partner Undermined Project
An Aspen, Colorado, developer of a Caribbean golf resort has accused one of his partners in Colorado state court of violating a non-compete provision by working on similar projects that were located too close to the luxury development.
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March 06, 2024
Federal Lawmakers Want To Protect 172 Acres For Calif. Tribe
Legislation introduced by two U.S. senators would place 172 acres into trust for a California tribe in an effort to bring its members back to its reservation where they can develop a permanent home.
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March 06, 2024
PacifiCorp Must Pay $42.4M To Oregon Fire Victims, Jury Says
A Portland jury said Tuesday that electric power company PacifiCorp must pay $42.4 million to compensate another 10 victims of devastating Labor Day fires that burned in Oregon in 2020, with thousands more class members awaiting potential trials.
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March 06, 2024
Colo. Panel OKs Conservation Easement Tax Credit Extension
Colorado would extend its conservation easement income tax credit program through 2032 and increase the statewide caps on the credit under legislation approved by a Senate committee.
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March 06, 2024
Wash. Court Says Landlord Must Face Tenant's Bias Defense
A Washington appeals court has ruled that a lower court failed to address a woman's disability discrimination defense during a hearing in her landlord's eviction suit and told the lower court to consider her defense on remand.
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March 05, 2024
Court Has No Cause To Deny Casino Land Request, Tribe Says
A Michigan tribe urged the D.C. Circuit to reverse a lower court's ruling blocking it from acquiring land for two casino developments, arguing there's no dispute it bought the land to generate gaming revenue and that the Supreme Court and Congress have recognized its endeavor.
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March 05, 2024
Utah Sues Feds To Reopen 195 Road Miles In San Rafael Desert
Utah is suing the U.S. government in a bid to toss a Bureau of Land Management decision to close 195 miles of roads in a San Rafael Desert area known as the Red Rock Wilderness, arguing that the closures don't align with an earlier BLM plan.
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March 05, 2024
DC Circ. Leery Of Challenges To Nuke Waste Storage Site
A D.C. Circuit panel on Tuesday didn't appear convinced by challenges to the U.S. Nuclear Regulatory Commission's approval of a temporary nuclear waste storage site in New Mexico.
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March 05, 2024
8th Circ. Affirms Ax Of Tribe's Drilling Approval Challenge
The Eighth Circuit upheld the U.S. Department of the Interior's approval of eight drilling applications on Tuesday, rejecting the Mandan, Hidatsa and Arikara Nation's argument the drilling sites violated a tribal "setback" regulation barring drilling within 1,000 feet of Lake Sakakawea.
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March 04, 2024
What To Know About 9th Circ. Ruling On Tribe's Sacred Site
A split Ninth Circuit ruling that a sacred tribal site in Arizona's Tonto National Forest can be transferred to a copper mining company is certain to be appealed to the U.S. Supreme Court by the San Carlos Apache Tribe, which contends that the decision effectively bulldozes a long-held worship site and ultimately denies the tribe's freedom of religious expression, despite the panel's skepticism of that claim.
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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.
Expert Analysis
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The Legal Consequences Of High PFAS Background Levels
As federal and state regulations around per- and polyfluoroalkyl substances proliferate, emerging scientific literature is showing that PFAS exist in many environments at background levels that exceed regulatory limits — and the potential legal implications are profound, say Grant Gilezan and Paul Stewart at Dykema and Dylan Eberle at Geosyntec Consultants.
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Building On Successful Judicial Assignment Reform In Texas
Prompt action by the Judicial Conference could curtail judge shopping and improve the efficiency and procedural fairness of the federal courts by implementing random districtwide assignment of cases, which has recently proven successful in Texas patent litigation, says Dabney Carr at Troutman Pepper.
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IRS Green Energy Tax Credit Notice Provides Needed Clarity
Recent IRS guidance clarifying how the government will determine energy community locations for purposes of bonus clean energy tax credits should help resolve risk allocation disagreements among financing parties and parties to merger and acquisition transactions, say Casey August and Paul Gordon at Morgan Lewis.
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How State Laws Are Taking On Clean Energy Project Protests
By enacting legislation that streamlines siting and permitting for large-scale renewable energy infrastructure projects, states like Illinois, New York and California are keeping approval processes out of the reach of "not in my backyard" opponents and increasing the probability of meeting ambitious climate goals, says Bo Mahr at Husch Blackwell.
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Practical Skills Young Attorneys Must Master To Be Happier
For young lawyers, finding happiness on the job — with its competitive nature and high expectations for billable hours — is complicated, but three skills can help them gain confidence, reduce stress and demonstrate their professional value in ways they never imagined, says career counselor Susan Smith Blakely.
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Evaluating The Legal Standing Of Natural Elements
Wednesday's observance of World Water Day invites questions about anthropocentric or ecocentric approaches to the rights of natural elements as thinking shifts about the legal standing of such resources, say Susan Lutzker at Lutzker & Lutzker and Thomas Wallentin at Kunz Wallentin.
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ABA Opinion Should Help Clarify Which Ethics Rules Apply
A recent American Bar Association opinion provides key guidance on interpreting ABA Model Rule 8.5's notoriously complex choice-of-law analysis — and should help lawyers authorized to practice in multiple jurisdictions determine which jurisdiction's ethics rules govern their conduct, say attorneys at HWG.
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How Crypto-Friendly Bank Failures Will Change Tech Industry
The recent failures of Silicon Valley Bank, Signature Bank and Silvergate Capital are likely to result in significant shifts in how the global tech industry and its financial partners address legal, compliance, regulatory and business risks, says Erin Bryan at Dorsey & Whitney.
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4 Ways To Reboot Your Firm's Stalled Diversity Program
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.
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What To Expect From A Litigation Finance Industry Recession
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.
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Insureds Must Prep For Drought-Related Service Interruptions
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.
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How To Select The Right Arbitrator For A Construction Dispute
Excerpt from Practical Guidance
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.
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Liquefied Natural Gas Outlook: Industry Under Pressure
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.