www.fgks.org   »   [go: up one dir, main page]

Expert Analysis

NY Ruling Sheds Light On UCC 'Commercial Reasonableness'

A recent New York state court decision in WC Braker Portfolio v. ATX Braker suggests that mezzanine lenders conduc... (more story)

How In-House Counsel Can Better Manage Litigation Exposure

In anticipation of economic downturn and increased litigation volume, the true struggle for an in-house team is al... (more story)

Practical E-Discovery Lessons From The Alex Jones Case

The accidental disclosure of mobile phone data during the Alex Jones defamation damages trial underlines the impor... (more story)

Commercial More

Bears Brief Arlington Heights On Proposal To Leave Chicago

The Chicago Bears on Thursday detailed a proposal to move from Soldier Field in downtown Chicago after more than a half-century and build a $5 billion stadium and mixed-use complex in the Northwest suburb of A... (more story)

LAX Subcontractor Seeks Insurer Defense In Arbitration, Court

A construction subcontractor urged a California federal court to direct an AXA Insurance unit to defend it in underlying arbitration and state court actions over its work at Los Angeles International Airport, ... (more story)

The planned Waterline tower in Austin, Texas, is expected to be the city’s tallest at over 1,000 feet with room for apartments, businesses and a hotel. Developers behind the project recently secured $675 million in financing from Blackstone Mortgage Trust. (Rendering by Atchain)
Blackstone Mortgage Lends $675M For Tallest Tower In Texas

A $675 million loan by Blackstone Mortgage Trust will enable the tallest building in Texas, a 74-story mix of apartments, commercial space and a hotel, to soon rise in downtown Austin.

Enviros To Sue FWS To Save Fla. Beetle From $100M Project

Three conservation groups will sue the U.S. Fish and Wildlife Service for violating the Endangered Species Act by not protecting the Miami tiger beetle from a planned $100 million real estate development, acco... (more story)

Ch. 11 Cheat Sheet: Cineworld Group

Cineworld Group PLC, the world's second-largest movie theater chain, filed for Chapter 11 protection in a Texas bankruptcy court Wednesday saying it was seeking a debt-for-equity swap after the COVID-19 pandem... (more story)

NFIP Reforms Take On Urgency As Program Deadline Nears

Reforming the National Flood Insurance Program to better serve marginalized communities and ensure long-term support for homeowners should be a top priority for lawmakers ahead of a coming deadline to reauthor... (more story)

McGuireWoods Advises Citi Unit, UBS On $98M NYC Loan

McGuireWoods LLP represented Citi Real Estate Funding Inc. and UBS AG on a $98 million loan to an entity affiliated with real estate agency Meyer Equities for a property with existing debt in Manhattan, accord... (more story)

Residential More

Fla. Firm Can't Escape Debt Collection Suit, 11th Circ. Says

A Miami law firm and two of its attorneys saw their victory over a condo resident's debt collection suit vacated, as the Eleventh Circuit found the suit properly alleged harm in the firm's attempts to collect ... (more story)

Real Estate Rumors: Evergrande, Greenbridge, Goldman

One of Evergrande's lenders is reportedly seizing its Hong Kong headquarters, Greenbridge Investment Partners is said to have leased out 12,000 square feet at a historic Pasadena property and Goldman Sachs has... (more story)

The Minneapolis Park and Recreation Board adopted a plan to halve the 18-hole Hiawatha Golf Course in a split vote Wednesday. (Photo by David Joles/Star Tribune via Getty Images)
Minneapolis Board Votes To Halve Historic Golf Course

The Minneapolis Park and Recreation Board, in a split vote Wednesday night, adopted a plan to halve the 18-hole Hiawatha Golf Course — which detractors say undercuts the links' historical significance — after ... (more story)

Wells Fargo Sues Lender Over $1.2M Mortgage Losses

Wells Fargo Bank NA is suing Nationwide Mortgage Bankers Inc. in Minnesota federal court for roughly $1.2 million, claiming the company violated a loan purchase agreement when it sold Wells Fargo three mortgag... (more story)

Feds Fight Groups' Bid to Halt Pa. Highway Project

The Federal Highway Administration and Pennsylvania Department of Transportation have asked a federal judge to deny the NAACP's and an environmental group's bid to temporarily halt a highway project in northwe... (more story)

Ex-Nomura Trader Tells 2nd Circ. Lying Isn't A Crime

A Connecticut federal jury wrongly conflated lying with lawbreaking when it convicted former Nomura Securities trader Michael Gramins of scheming to trick residential mortgage-backed bond buyers, his counsel t... (more story)

NAR Asks Ill. Judge To Toss Antitrust Suit Again

The National Association of Realtors told an Illinois federal court on Wednesday that it should dismiss a class action claiming its practices stifle competition, since the plaintiffs are repeating arguments th... (more story)