Expert Analysis

Future Of Fed Independence Shaky After Justices' Ruling

The U.S. Supreme Court's recent ruling in Trump v. Cook preserved the Federal Reserve's formal independence but co... (more story)

Mich. Banking Brief: All The Notable Legal Updates In Q2

The second quarter brought several notable financial services law developments to Michigan, including a U.S. Supre... (more story)

A New Regulatory Environment For PE In Calif. Healthcare

The California Office of Health Care Affordability's proposed revisions to its cost and market impact review regul... (more story)

Commercial More

Capital One Customer Renews Claims Over Fintech's Outage

A North Carolina resident accusing Capital One's data processor Fidelity National Information Services of failing to prevent a power outage that prevented her and others from accessing funds has asked a distri... (more story)

Rittenhouse Guides $400M Industrial Outdoor Storage Refi

Alterra IOS, advised by Rittenhouse Law, has closed on a $400 million refinancing from Truist and KeyBank for a portfolio of 99 industrial outdoor storage properties, the company announced Monday.

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These Firms Guided First Half's Top Hospitality M&A Deals

Weil, Mayer Brown and Paul Weiss are among the law firms that landed work on the largest hospitality mergers and acquisitions of the year's first half, a period that saw seven transactions north of $1 billion. 

Government Backs Tax Evader's Higher Sentence At 4th Circ.

A West Virginia federal judge correctly handed down an enhanced sentence to a real estate appraisal business owner convicted of failing to pay employment taxes, federal prosecutors told the Fourth Circuit, urg... (more story)

NC Co.'s $9.8M Indemnity Payment Not Covered, Insurers Say

A building products manufacturer is not entitled to coverage after reimbursing its financial adviser $9.8 million for defense and settlement costs incurred in litigation over a take-private transaction, the co... (more story)

Equipment Co. Sues Pa. Railroad Over Abrupt Access Block

A Pittsburgh industrial equipment company says a short-line railroad adjacent to its property has suddenly stopped a decades-long practice of allowing it to use an access road alongside the tracks, closing off... (more story)

NYC Real Estate Week In Review

Latham and Nixon Peabody are among the law firms that scored work on the top New York City real estate deals that hit public records last week, most of which were residential transactions.

Residential More

2nd Circ. Backs NYC Law Blocking Broker Fees For Tenants

The Second Circuit held Monday that a lower court was correct to refuse to preliminarily block a New York City law prohibiting certain landlord broker fees, ruling that the city has pointed to legitimate gover... (more story)

Regulators Caution On Bank Loans To Unauthorized Workers

Federal regulators on Monday cautioned banks and credit unions about lending to "non-work authorized" individuals, issuing guidance that flags repayment concerns about such borrowers as part of President Donal... (more story)

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Unstable Ex-Pfizer Office Spurs Evacuations In Manhattan

The reported instability of pharmaceutical giant Pfizer's former New York City office headquarters, which is undergoing a conversion into residential units, led to the evacuations of multiple nearby buildings ... (more story)

Billionaire's Row Ruling Could Be Headache For Dealmakers

A recent New York Court of Appeals decision stemming from the takeover of an unfinished Billionaire's Row tower could lead to more scrutiny of commercial real estate investors' actions that were once thought unassailable.

NC Loan Borrowers Seek Cert. In Suit Over Warning Letters

A putative class alleging loan servicer Selene Finance LP sent false and deceptive notices regarding loan defaults has asked a North Carolina federal judge to certify two classes, claiming all the letters Sele... (more story)

Judge Tweaks Pay Deal For National Realty Wind-Down CEO

A New Jersey bankruptcy judge has laid down guidelines for an amended compensation package for the wind-down executive of National Realty Investment Advisers' liquidating trust, including setting out a new def... (more story)

Philly Apartment Co. Sues Chubb For Concrete Spill Coverage

A Chubb unit allegedly wrongfully denied coverage to a Philadelphia apartment building owner hit with claims it violated Pennsylvania real estate law by failing to inform residents about repair plans following... (more story)