Expert Analysis

'Measure Twice, Cut Once' Also Applies To Builders' Insurance

A New York federal court's recent decision in Ohio Security Insurance v. Southwest Marine and General Insurance, d... (more story)

What CFPB Disparate Impact Proposal Means For Lenders

Should the Consumer Financial Protection Bureau's reasoning for making proposed changes to the Equal Credit Opport... (more story)

What To Watch As NY LLC Transparency Act Is Stuck In Limbo

Just about a month before it's set to take effect, the status of the New York LLC Transparency Act remains murky b... (more story)

Commercial More

Cannon Hill, TriPost Team Up, Eye $1.5B In Office Acquisitions

King & Spalding LLP and Hunton Andrews Kurth LLP provided counsel as New York-based firms Cannon Hill Capital Partners and TriPost Capital Partners entered into a partnership aimed at acquiring up to $1.5 bill... (more story)

Citibank Says Developer Can't Blame It For $45M Wire Scam

Citibank NA has urged a California federal judge to toss a suit by a real estate developer who accidentally wired $45 million in home-purchase funds to a fraudster after receiving spoofed escrow emails.

Casino dealer, shown from neck down, holding a deck of cards and seated before a table arrayed with cards and gambling chips
State Board Advances 3 NYC Casino Plans Left Standing

A New York state panel on Monday endorsed a pair of proposals in Queens and another in the Bronx to win three downstate casino licenses, setting up final approval of the multibillion-dollar projects before the... (more story)

Mineral Rights At Former Mo. Gas Station Ruled Worthless

A convenience store company's interest in mineral rights it retained when it sold a gas station property are correctly valued at $0 and not taxable, the Missouri Court of Appeals ruled, upholding decisions of ... (more story)

Mich. Judge Tosses Crypto Cos' $6.8M Travelers Fire Suit

A Michigan federal judge on Wednesday dismissed a lawsuit from two cryptocurrency mining companies that alleged Travelers Insurance Co. and Northfield Insurance Co. exacerbated their building's fire loss throu... (more story)

Monitor Will Stay In Place In $1B Broad Street Fraud Case

A private equity firm accused by the U.S. Securities and Exchange Commission of defrauding investors in a $1 billion fund lost its bid Wednesday to discharge the court-appointed monitor overseeing its books wh... (more story)

UMB Bank Gets Partial Win In $80M Hard Rock Hotel Dispute

UMB Bank NA has been granted wins on some of its claims in a suit regarding a failed $80 million Hard Rock Hotel development project, with a Kansas federal court ruling that claims it did not properly reimburs... (more story)

Residential More

Cities, Groups Fight Changes To HUD Homeless Housing Grant

The U.S. Department of Housing and Urban Development unlawfully introduced "drastic" changes to grants under a federal program to combat homelessness, a coalition of local governments and homelessness service ... (more story)

Landlord Can't Nix $4M Jury Award Over Mugging, Shooting

A Florida appeals panel on Wednesday affirmed a $4 million judgment in favor of a renter who alleged that his landlord failed to protect him from a mugging in which he was shot four times, finding that the iss... (more story)

Row of stone apartment buildings with fire escapes
NY AG Claims Peak Capital Illegally Deregulated Apartments

A New York City developer wrongfully took advantage of a rent-stabilization exemption for building renovations to profit from illegally deregulating rent-stabilized apartments, New York State and its Division ... (more story)

Okla. Cos. Hit Simon Property Group With Antitrust Suit

A group of Oklahoma-based companies accused retail-focused real estate investment trust Simon Property Group Inc. of waging "an anticompetitive campaign" to take down their competing mixed-use project in Oklahoma City.

K&L Gates Deepens Its CMBS Servicer Attorney Bench

K&L Gates LLP announced Wednesday that it has brought on two experienced real estate finance attorneys whose practices focus on advising commercial mortgage-backed securities servicers.

Judge Halts Suit Over Texas Law Blocking Foreign Land Buys

A Texas federal judge sided with Texas Attorney General Ken Paxton in pausing a lawsuit from three Chinese nationals pending a Fifth Circuit decision in a parallel challenge to a policy preventing citizens of ... (more story)

MVP: Sullivan & Cromwell's Ralston Turbeville

Ralston Turbeville, a partner in Sullivan & Cromwell's real estate practice, guided Tishman Speyer's $3.5 billion refinancing of Rockefeller Center as well as the company's $2.85 billion refinancing of the Spi... (more story)