New FinCEN Rule Is 'Game Changer' For Real Estate Investors
The Financial Crimes Enforcement Network's stopgap rule removing beneficial ownership reporting requirements for U.S. companies significantly lightens the regulatory burden for investors, especially those in the real estate sector, attorneys told Law360 Real Estate Authority.
Morrison Cohen Chair Talks Amtrak Union Station Takeover
Y. David Scharf of Morrison Cohen LLP, who represented the lenders in a recent settlement with Amtrak after a yearslong dispute over control of Washington Union Station, spoke with Law360 Real Estate Authority about crafting a strategy for the case, how transaction work supports litigation work, and vice versa, as well as the $505 million deal that left all parties "equally unhappy."
Miami Realtors Urge Creativity In Help For Condo Owners
With talk of a Florida condo crisis garnering national headlines and commanding significant attention during the state legislature's annual session, leaders at the Miami Association of Realtors said they hope lawmakers will take a creative approach and look to initiatives Miami-Dade County has pursued to help owners navigate these rough waters.
New FinCEN Rule Is 'Game Changer' For Real Estate Investors
The Financial Crimes Enforcement Network's stopgap rule removing beneficial ownership reporting requirements for U.S. companies significantly lightens the regulatory burden for investors, especially those in the real estate sector, attorneys told Law360 Real Estate Authority.
Morrison Cohen Chair Talks Amtrak Union Station Takeover
Y. David Scharf of Morrison Cohen LLP, who represented the lenders in a recent settlement with Amtrak after a yearslong dispute over control of Washington Union Station, spoke with Law360 Real Estate Authority about crafting a strategy for the case, how transaction work supports litigation work, and vice versa, as well as the $505 million deal that left all parties "equally unhappy."
Miami Realtors Urge Creativity In Help For Condo Owners
With talk of a Florida condo crisis garnering national headlines and commanding significant attention during the state legislature's annual session, leaders at the Miami Association of Realtors said they hope lawmakers will take a creative approach and look to initiatives Miami-Dade County has pursued to help owners navigate these rough waters.
Expert Analysis
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Attorneys at Seyfarth examine three recent decisions in which the Civilian Board of Contract Appeals and the Armed... (more story)
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Commercial More
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Two unidentified minors have filed separate suits in federal court alleging the owners and operators of two Atlanta area hotels knew the minors were being sex trafficked but did nothing to stop it.
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A New York ski resort operator told a state court on Friday that it's appealing the state's victory in its antitrust suit, which alleged that the operator purposefully closed a local competitor after acquiring it.
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The Ninth Circuit is backing a Hawaii county's jury trial victory over a nonprofit's Religious Land Use and Institutionalized Persons Act lawsuit, ruling on Friday that the lower court rightfully sided with th... (more story)
The president of an Illinois-based masonry contractor awarded a $58 million federal contract to renovate Philadelphia's historic 30th Street Station has been charged with conspiring to bribe an Amtrak official... (more story)
Residential More
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A Georgia federal judge on Friday rejected a bid by the plaintiffs who brought a series of landmark fee inflation claims against the National Association of Realtors and major brokerages to intervene in a simi... (more story)
A unanimous decision this month by New York's highest court scrambled landlord attorneys' strategy in pending rent overcharge cases, but also handed their clients a win on whether rent concessions expose landl... (more story)
Federal banking regulators said Friday that they plan to roll back Biden-era rules intended to increase bank lending in underserved areas, a pivot that comes after they had previously defended the rules amid a... (more story)
Quarles & Brady LLP announced Thursday that the firm added a partner to its real estate practice group, who joins Quarles & Brady from an in-house role at a residential real estate capital provider.
The U.S. is the third-worst country when it comes to fighting money laundering in real estate because of a lack of regulations, according to a report ranking the national markets of 24 countries.
A group that includes New York state lawmakers and New York City lawmakers alleged in state court that the approval of NYC Mayor Eric Adams' City of Yes for Housing Opportunity zoning reform plan violated stat... (more story)