More Real Estate Coverage
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October 01, 2024
Lewis Brisbois Real Estate Co-Chair Joins Procopio In Calif.
Procopio Cory Hargreaves & Savitch LLP announced that the former managing partner of Lewis Brisbois Bisgaard & Smith LLP's Indian Wells, California, office and real estate co-chair joined the firm's San Diego office as a partner.
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October 01, 2024
Ga. Atty Disbarred For Taking $850K From Investor Clients
The Georgia Supreme Court disbarred an attorney Tuesday for mishandling about $850,000 of his real estate investor clients' money, concluding that such a severe sanction is "consistent with similar cases in which a lawyer abandons clients, violates the rules related to trust accounts and defaults during the disciplinary process."Â
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September 27, 2024
Osage Nation Says DOI Can't Avoid Its $4.9M Funding Suit
The Osage Nation is fighting a bid by the U.S. Department of the Interior to bring the tribe's $4.9 million lawsuit over self-determination to a quick end, telling a D.C. federal judge that he has the jurisdiction to rule on the case.
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September 27, 2024
Ex-Conn. Police Chief Drops Atty Fee Ask After Lawsuit Win
The former police chief in Newington, Connecticut, dropped his demand for attorney fees after defamation claims against him were dropped and a state court judge ordered that, in order to collect, his lawyer may have to testify at an upcoming hearing.
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September 27, 2024
NY's Midtown Bus Terminal Clears Enviro Review Hurdle
The Port Authority of New York and New Jersey and the Federal Transit Administration said on Friday that the agencies have signed the final environmental impact statement for the replacement of Manhattan's Port Authority Bus Terminal, bringing the $10 billion proposed project closer to becoming reality.
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September 26, 2024
Few Investors Say They Factor ESG In Real Estate Strategies
About a quarter of surveyed fund managers and investment professionals said they considered environmental, social and corporate governance standards in real estate investments, a smaller portion than those who factor ESG in private equity strategies, a new study found.
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September 26, 2024
Judge Says DOI Didn't Satisfy Cherokee Accounting Duties
A D.C. federal judge ruled that the U.S. government has not fulfilled its duty to provide the Cherokee Nation with a full accounting of its assets held in federal trust, handing a win to the Oklahoma-based tribe after five years of litigation.
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September 26, 2024
Ohio Justices Nix Woodland Deduction Rate As Arbitrarily Low
The Ohio Supreme Court ordered the state's tax commissioner Thursday to recompute the value of a deduction for clearing woodlands that factors into assessments of agricultural properties, agreeing with a group of landowners who argued the figure was set arbitrarily low.
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September 26, 2024
Calif. Revives Tax Breaks For Manufacture Property
California reinstated a capital investment incentive program that allows local governments to offer partial property tax abatements for qualified manufacturing facilities and expanded the program to include qualifying projects that make lower initial investments under a bill signed by Democratic Gov. Gavin Newsom.
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September 26, 2024
Pa. Justices Reject New Tax Hearing For Charter School
The Pennsylvania Commonwealth Court erred in sending a charter school's retroactive property tax appeal back to a county board, because the charter school had failed to exhaust statutory remedies, the state Supreme Court ruled Thursday.
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September 26, 2024
US Census, Osage Nation Sign Info Sharing Agreement
The U.S. Census Bureau and the Osage Nation signed an agreement to share the federally recognized Oklahoma tribe's aggregated administrative data in an effort to provide a more accurate picture of Indian Country and its needs.
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September 25, 2024
Cherokee Nation Asks Court To Reject Descendant Rehearing
The Cherokee Nation has asked a D.C. federal judge to deny a request by a descendant of persons of African descent, who were once enslaved by the tribe, for a rehearing after the court threw out her bid for $90 million in damages.
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September 25, 2024
Navajo Nation Inks $31M Deal With Bitco For Veteran Housing
The Navajo Nation said it has signed a $31 million contract with tribally owned Bitco Corp. to build 95 homes for Navajo veterans, using funds provided by President Joe Biden's American Rescue Plan Act.
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September 25, 2024
Pa. Panel Says Misspellings Don't Sink Service Of Tax Notice
The misspelling of a landowner's name on a notice of an impending tax sale did not prevent the owner from understanding their property would be auctioned off to cover unpaid taxes, a Pennsylvania appellate court ruled Wednesday.
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September 25, 2024
Transco Backers Urge DC Circ. To Revisit Pipeline Ruling
Natural gas and pipeline entities are firing back at a D.C. Circuit ruling that scrapped Federal Energy Regulatory Commission approvals for a five-state pipeline expansion project being pursued by the Transcontinental Gas Pipe Line Co., with one rival company saying the court's flawed decision sent "shockwaves through the industry."
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September 25, 2024
US Steel Clears One Hurdle In $14B Nippon Steel Deal
An arbitration board has sided with U.S. Steel amid its union's challenge to a planned $14.9 billion acquisition by Nippon Steel, clearing one hurdle while Nippon continues fighting on another front for approval from the Committee on Foreign Investment in the U.S. Â
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September 25, 2024
Fed. Claims Court Won't Toss Abandoned Border Fence Suit
The U.S. Court of Federal Claims refused to throw out a suit filed by California property owners who claimed that the federal government owed them compensation after it abandoned a U.S.-Mexico border fence project on the owners' leased properties, leaving behind construction debris and causing environmental damage.
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September 25, 2024
NJ Bill Would Hike Threshold For Tax On Property Transfers
New Jersey would raise the threshold for the imposition of a controlling interest transfer tax or an additional fee on transfers of various kinds of real property under a bill introduced in the state Assembly.
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September 24, 2024
DC Circ. Says Arb. Board Must Handle Rail Union Grievance
Amtrak lost its appeal to a ruling that ordered an arbitration board to consider whether the rail company must use union labor on a newly acquired building, with the D.C. Circuit upholding a Washington, D.C., federal judge's decision Tuesday.
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September 24, 2024
Interior Dept. Awarding $24 Million For Ecosystem Projects
The U.S. Department of the Interior on Monday said it's awarding about $24 million to boost 50 ecosystem restoration projects across 34 states and territories.
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September 23, 2024
PDVSA Can't Escape Oklahoma Co.'s Expropriation Suit
A D.C. federal judge has ruled that Venezuela's state-owned oil company must face an Oklahoma-based petroleum contract drilling company's lawsuit after its drilling rigs in the country were seized at gunpoint more than a decade ago, saying the drilling company had shown its assets were illegally expropriated.
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September 23, 2024
NY Extends Industrial Property Tax Break Application Deadline
New York state extended by four years to 2029 the deadline to apply for property tax abatements for eligible industrial and commercial buildings in New York City as part of a bill signed by Democratic Gov. Kathy Hochul.
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September 23, 2024
Ex-Conn. Police Chief Demands Atty Fees After Winning Suit
The former chief of police in Newington, Connecticut, is demanding attorney fees after a state court judge dismissed him from a defamation lawsuit brought by the onetime town attorney and other ex-officials, which arose from ethics complaints that the plaintiffs say were full of lies.
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September 20, 2024
Cities Score Wins Over FCC Even In 9th Circ. Permitting Loss
Even though the Ninth Circuit in a recent decision largely upheld a Federal Communications Commission policy that reined in municipal governments' power to impose zoning restrictions on wireless network siting, the court's ruling wasn't all bad news for city officials.
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September 20, 2024
Senate Panel Advances Jamul Indian Village Land Transfer Act
A U.S. Senate panel has moved forward efforts to win passage of the Jamul Indian Village Land Transfer Act, which would place approximately 172 acres of specified lands in San Diego into trust for the benefit of the California tribe.
Expert Analysis
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Tips For Energy Developers Seeking To Lease Tribal Lands
The Biden administration's commitment to renewable energy creates opportunities to lease tribal lands under the Helping Expedite and Advance Responsible Tribal Home Ownership Act, but renewable energy developers should carefully consider sovereign immunity questions and other unique issues associated with tribes, say attorneys at Perkins Coie.
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Biden Infrastructure Plan Will Be Challenging To Implement
President Joe Biden's $2 trillion American Jobs Plan proposes incentives for environmental remediation of legacy sites, and creation of more resilient and greener energy infrastructure — but fully implementing it would take many years, and require close coordination between the White House, Congress and federal agencies, says Robert Middleton at Schiff Hardin.
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Water Rule Reinstatement Shows Specific Objections Are Key
The Tenth Circuit's recent lifting of an injunction against the federal Navigable Waters Protection Rule in Colorado offers lessons for litigants seeking relief against an agency rule — including the importance of avoiding general allusions of harm that lack specificity or imminence, say attorneys at Gibson Dunn.
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Oil And Gas Contract Drafting Lessons From Texas Ruling
The recent Texas Supreme Court opinion in BlueStone Natural Resources II v. Randle makes it clear that when drafting oil and gas leases, parties should explicitly state contract terms — and avoid creating contradictory terms through amendments or addenda, say Kenneth Held and Brent Hanson at Skadden.
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The UK Needs Safe Harbors For Libor's Wind-Down
A synthetic Libor could come to the aid of tough legacy contracts when Libor ceases to exist later this year, but the U.K. should legislate safe harbors to mitigate transaction risk during the transition, say former Federal Reserve Bank of New York general counsel Thomas Baxter and former London Commercial Court Judge Sir William Blair.
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CBP's Jones Act Ruling Provides Certainty For Offshore Wind
U.S. Customs and Border Protection's recent ruling confirming that the Jones Act applies to wind energy projects on the outer continental shelf provides useful clarity for offshore wind energy developers, operators and other stakeholders planning future operations, say attorneys at Holman Fenwick.
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Surveying Global Tax Updates For Sovereign Wealth Investors
As the market transitions to a post-pandemic phase, sovereign wealth fund and other foreign institutional investors must evaluate how recent U.S., EU and U.K. tax changes may affect their private fund investments, say attorneys at Morgan Lewis.
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Offshore Wind Push Is Good News For NYC Building Owners
With a surge of federal and state support for offshore wind power in New York state, the projects now in development should greatly benefit New York City building owners seeking to comply with the city's Climate Mobilization Act, says Raymond Pomeroy at Stroock.
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Biden's Climate Agenda Means Oil, Gas Cos. Must Innovate
President Joe Biden's climate agenda, including changes to leasing of public lands, tax deductions and other policies, may impose significant hurdles on the oil and gas sector, but companies that take an innovative, multifaceted approach can rise to this challenge, say attorneys at Akin Gump.
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3 Key Environmental Takeaways From Biden's First 30 Days
President Joe Biden has heavily prioritized environmental policy during his first month in office, with three key themes emerging that will immediately change enforcement practices and affect regulated industries, say attorneys at Gibson Dunn.
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The State Of Asylum Law After Trump — And What's Next
Kevin Gregg at Kurzban Kurzban discusses the impact of asylum decisions issued during the Trump administration's final year, the uncertainty underlying President Joe Biden’s tranche of immigration-related executive orders and reasons for cautious optimism within the immigration community.
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What Energy Sector Should Expect From Biden's Tax Policies
The energy sector may find new investment opportunities or the need to adjust holdings, depending on whether company goals align with the Biden administration's potential rollback of Trump-era tax reforms, and push for clean energy, reduced carbon emissions and increased domestic manufacturing, says Gregory Matlock at Mayer Brown.
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Unresolved Issues In Calexico Inverse Condemnation Ruling
A California federal court's recent decision in Calexico Auto Dismantlers v. City of Calexico, dismissing a business's inverse condemnation suit as untimely, does not properly address questions surrounding eminent domain notice and the statute of limitations, say Debra Garfinkle and Brad Kuhn at Nossaman.