Client Update
From Cubicles to Condos: Considerations for Office-to-Residential Conversions
As remote work reshapes the commercial real estate market and demand for office space declines, owners and developers are increasingly pursuing office-to-residential conversions as a way to unlock value in underperforming properties. With office vacancy rates at historic highs and demand for urban housing continuing to grow, these conversions have emerged as a strategic response…
Read MoreAI Executive Order Opens Door to Federal-State Legal Battles
On December 11, 2025, President Donald Trump issued an executive order, Ensuring a National Policy Framework for Artificial Intelligence (the “Order”), seeking to establish a national policy framework for artificial intelligence (AI), with the stated objective of promoting U.S. leadership and global dominance in AI while preempting conflicting state laws and minimizing regulatory burdens. This…
Read MoreTop 2025 Employment Law Changes Employers Must Know for 2026
Similar to many changes in administration, the 2025 labor and employment landscape was defined by fragmentation followed by realignment. Federal agency authority faced significant constitutional challenges, while states and cities accelerated their own legislation on pay transparency, paid leave, and hiring practices. This year-end update provides insight into the most consequential developments for employers, focusing…
Read MoreNavigating Complex Asset Valuation in High-Net-Worth Divorces
In high-net-worth (“HNW”), what you own is rarely the real battle, it’s what those assets are truly worth. HNW divorces bring unique financial and legal challenges that go far beyond traditional marital estate division. When a couple’s wealth is tied up in closely held businesses, private equity funds, trusts, real estate portfolios, or sophisticated executive…
Read MoreSecurity That Travels: Cross Border Perfection in Aviation Finance
Cross-border aviation finance presents a unique set of legal and practical challenges. As explored in our previous article, the mobility of aircraft, engines, and related assets means that financiers and lessors must navigate a complex web of international treaties and local laws to protect their interests. Relying solely on international registration systems, such as the…
Read MoreBonus Depreciation in M&A: Timing, Structure, and Tax Impact
The One Big Beautiful Bill Act (the “Act”) includes significant amendments to bonus depreciation under Section 168(k). The Act permanently reinstated “bonus” depreciation at 100% of the cost of eligible property, and refines eligibility criteria and timing rules that trigger when property is acquired and placed in service. With accountants in mind, this article explains…
Read MoreGrounded by Complexity: The Challenges of Cross-Border Aviation Collateral
When airframes, engines, and other aircraft parts cross borders, the value and protection of collateral can shift just as quickly. For cross-border financiers and lessors, the assumption that their interests are fully secured can be upended by the complex interplay of international treaties and local laws. The result is a landscape where a security interest…
Read MoreTitle Piracy on the Rise in the Sea of Real Estate Ownership
As if buying real estate is not stressful enough, prospective buyers might not have heard of a new danger: title pirates. These are criminals who file phony documents claiming to own property that actually belongs to someone else. So how do title pirates operate? Imagine a picturesque and smooth sea; Captain Blackbeard of the title piracy crime syndicate…
Read MoreCIPA Litigation Persists For Online Businesses While Reform Bill Sits Idle
The past year has seen sweeping developments in personal jurisdiction doctrine as applied to online privacy litigation, particularly in California. In April 2025, the Ninth Circuit’s en banc decision in Briskin v. Shopify, Inc.[1] recalibrated the specific-jurisdiction analysis for nationwide e-commerce platforms accused of harvesting and monetizing consumer data, expressly rejecting any requirement of “differential…
Read MoreFlorida Ruling Raises Bar for Condo Terminations and Buyouts
On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21, a 1960s-era Miami waterfront condominium tower. The ruling (Case No. SC2025-1169) effectively…
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