Real Estate

International Edition

Commentary: Trophy deals help real estate lawyers dream of better days

By Legal Week | September 30, 2009

If there's one practice in desperate need of a boost, it's real estate. With the sector the first to feel the pain of the credit crunch, deals have been painfully thin on the ground for two years now. And news last month that Eversheds was to make more property job cuts was a reminder that many are not expecting a rapid rebound. But those real estate advisers lucky enough to still have a job may be able to start breathing a little more easily as the signs are finally pointing towards some form of recovery in the commercial property sector. In particular, Blackstone Group's joint venture with British Land in the £2.13bn Broadgate Circle estate in London was probably the most visible indication of the kind of trophy deal that has been missing but there have been some other signs.

1 minute read

Bevan Brittan, Shoosmiths miss out as Zurich cuts back adviser roster

By Legal Week | September 23, 2009

Bevan Brittan and Shoosmiths have lost their places on Zurich's non-claims related legal panel after the financial services company completed a review of its legal advisers. Beachcroft and Pinsent Masons retain their spots as the two main firms on the panel, while Tanners has been retained to carry out some real estate work.

1 minute read

MoD review set to cut two firms from coveted UK projects panel

By Legal Week | September 23, 2009

The Ministry of Defence (MoD) has launched a review of its projects panel, with the overhaul set to see two UK law firms trimmed from the eight-strong roster. Law firms have been invited to tender for the coveted panel, which covers the body's public private partnership and private finance initiative (PFI) work, by the end of October. The four-year contracts are to be awarded in January.

1 minute read

A&O sees six departures from firm's Milan office

By Legal Week | September 21, 2009

Allen & Overy (A&O) has lost two teams from its Milan office this month, including the firm's entire Italian employment practice. A&O's Italy head of employment and labour law Piergiovanni Mandruzzato, a senior counsel in the firm's Milan office, has joined Italian boutique Lablaw along with two associates.

1 minute read

DWP invites firms to put themselves forward for new £4m contract

By Legal Week | September 17, 2009

The Department for Work and Pensions (DWP) has invited law firms to express an interest in tendering as the organisation gears up for a review of its legal advisers. Expressions of interest are due by 5 October, with invitations to tender sent out by 14 October and a final decision set to be made by the end of the year.

1 minute read

Barlows continues City real estate growth with hire of Field Fisher partner

By Legal Week | September 16, 2009

Barlow Lyde & Gilbert has bolstered its London real estate practice with the addition of partner Mark Sellers from Field Fisher Waterhouse. Sellers has joined Barlows after more than a decade as a partner with Field Fisher.

1 minute read

Dealmaker: Ciaran Carvalho

By Legal Week | September 15, 2009

Nabarro real estate partner Ciaran Carvalho on sink-or-swim deals and nauseating Christmas parties...

1 minute read

Allen & Overy and BLP take lead roles on Nomura City move

By Legal Week | September 3, 2009

Allen & Overy (A&O) and Berwin Leighton Paisner (BLP) have landed key advisory roles as Japanese banking giant Nomura prepares to move into new premises in the City. The pair have advised on a 20-year lease arrangement, likely to be the largest UK office letting in 2009, which gives Nomura a six-year rent-free period on the newly-constructed Watermark Place building near Cannon Street.

1 minute read

NCTM completes real estate merger as rapid growth continues

By Legal Week | September 2, 2009

Italian firm NCTM has completed its tie-up with real estate boutique DS&P with the arrival of administrative law partner Marco Antonio Monaco. The merger, originally announced in May (12 May), saw DS&P managing partner Riccardo Delli Santi and Valentina Delli Santi both join NCTM as partners along with 25 further fee earners.

1 minute read

Jones Day hires City partner as construction practice head

By Legal Week | September 1, 2009

Jones Day has made its second lateral hire in as many weeks, bringing in a partner from Dundas & Wilson's London office to head its construction practice. Hamish Lal will join the US firm at the beginning of October, bringing with him a practice encompassing both contentious and non-contentious advice covering real estate, utilities, engineering, nuclear and project finance matters. His clients include a number of construction and nuclear energy companies.

1 minute read

Daily Business Review

Developers, Family Discuss Memorial for Collapse Victims

By Associated Press | September 20, 2022

The town of Surfside has already set aside space for a memorial near the collapse site, but family members are hoping to have some kind of memorial on the site itself.

3 minute read

Daily Business Review

Strong Demand and Remote Recruiting Edge Helped Haber Law Grow 25% Since May

By Dan Roe | September 19, 2022

South Florida's real estate and construction booms drove hiring at the now-23-lawyer firm, which lured even more new faces as associates were drawn to the firm's growth and flexible working policies.

4 minute read

Daily Business Review

Pinecrest Sees Increase in Development as Population Grows

By Melea VanOstrand | September 16, 2022

"Our goal is to improve Pinecrest Town Center, adding sleek detailing with a modern look to enhance its place in the upscale suburb of Pinecrest."

2 minute read

The Recorder

DLA Piper Signs 52,000-Square-Foot Lease in Palo Alto, Embracing 'High Performance Flexibility'

By Jessie Yount | September 16, 2022

The new space is less than half the size of its current office, and comes as DLA Piper embraces hybrid work and hoteling.

3 minute read

Law.com

Boston-Based Burns & Levinson Acquires Environmental-Focused Boutique

By Jason Grant | September 16, 2022

The Mackie Shea attorneys have joined Burns & Levinson's environmental and real estate groups, giving the law firm what it says is "one of the largest environmental practices in the region."

4 minute read

Daily Business Review

Jones Day Boosts 2 Practice Groups With Partner Pickups From GrayRobinson, DLA Piper

By Raychel Lean | September 15, 2022

The hires come as Jones Day's Miami office approaches its 10th year, and as the firm aims to strengthen its transactional and litigation capabilities in South Florida and globally.

3 minute read

The Recorder

loanDepot Hires Ex-Bank of America Lawyer as Legal Chief Amid Layoffs, Restructuring

By Phillip Bantz | September 15, 2022

Gregory Smallwood, a former associate GC at Bank of America, joins the mortgage lender as it restructures, cuts thousands of jobs and increases its focus on first-time and diverse homebuyers.

2 minute read

Daily Business Review

5 Minutes to Leave: Commercial Landlords Removing Tenants for Personal Gain in Growing Trend, South Florida Attorney Says

By Melea VanOstrand | September 15, 2022

"They're saying, 'I declare that this building is unsafe, everyone has to leave.' In light of what happened with Surfside, it's a tough thing to argue with," said David Winker, who represents the tenants.

4 minute read

Corporate Counsel

loanDepot Hires Former Bank of America Lawyer as Legal Chief Amid Layoffs, Restructuring

By Phillip Bantz | September 15, 2022

Gregory Smallwood, a former associate GC at Bank of America, joins the mortgage lender as it restructures, cuts thousands of jobs and increases its focus on first-time and diverse homebuyers.

2 minute read

Daily Business Review

Litigation Between Feuding South Beach Hotel Partners Revived With New Miami Claim

By Melea VanOstrand | September 14, 2022

A breach of fiduciary duty lawsuit between two South Beach hotel partners that fell flat in Miami-Dade Circuit Court early this year is back after…

3 minute read