Pillsbury Winthrop Shaw Pittman LLP (LexBlog Russia)
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The G2G Year-End Roundup (2022)
by Pillsbury’s Construction & Real Estate Law Team Our year-end roundup highlights the top-read Gravel2Gavel posts from 2022. Our authors addressed the legal implications for a variety of hot topics and market disruptions, providing deep industry insights that spanned Metaverse real estate investments, economic sanctions in Russia, and cybersecurity for smart buildings. Continue Reading ›
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Real Estate & Construction News Round-Up (11/16/22) – Backlog Shifts, Green Battery Storage, and Russia-Ukraine Updates
by Pillsbury’s Construction & Real Estate Law Team This week’s round-up explores backlog shifts in the nonresidential construction sector, updates from the ongoing war between Russia and Ukraine, lithium-ion battery storage issues in New York City, and more. Continue Reading ›
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Weathering Economic Turbulence: Assignment of Insurance Claims for Losses Under Russian Sanctions
The Russia/Ukraine conflict has led to a monumental decoupling of Russia from the global economy, with dire consequences for many industries—including the aircraft leasing industry. Western governments’ still-evolving sanctions regime has inspired retaliatory decrees by the Russian Federation, which collectively have engendered significant financial losses for companies doing business with...
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Real Estate & Construction News Round-Up (09/28/22) – Virtual Property, ESG Reporting, and Economic Sanctions
by Pillsbury’s Construction & Real Estate Law Team This week’s round-up features virtual land marketplaces, proposed sanctions from the European Commission against Russia, ESG reporting and transparency in the real estate industry, and more. Continue Reading ›
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Forced to Flee: Insuring Against Political Risks
IKEA’s Billy bookcase—so popular that one is reportedly sold every 10 seconds—recently got even cheaper, at least for Russians. IKEA is holding a fire sale as the company closes its stores and exits the Russian market. The Swedish furnituremaker’s exit from Russia is just the latest in a string of actions by over 1,000 companies—including...
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No Way Home: Coverage Implications of Russia’s Seizure of Foreign-Owned Aircraft
Ten billion dollars. Russian airlines lease an estimated $10 billion worth of foreign-owned aircraft. Most of these aircraft are leased from companies based outside Russia—often in Ireland, a global aircraft-leasing hub and European Union member. Continue Reading ›
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Real Estate & Construction News Round-Up 03/23/22
by Pillsbury’s Construction & Real Estate Law Team New home construction projects experience the fastest growth rate since 2006, President Biden signs the Consolidated Appropriations Act of 2022 into law, big U.S. hotel chains place developments in Russia on hold, and more. Continue Reading ›
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Real Estate & Construction News Round-Up 03/23/22
by Pillsbury’s Construction & Real Estate Law Team New home construction projects experience the fastest growth rate since 2006, President Biden signs the Consolidated Appropriations Act of 2022 into law, big U.S. hotel chains place developments in Russia on hold, and more. Continue Reading ›
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Real Estate & Construction News Round-Up 03/16/22
by Pillsbury’s Construction & Real Estate Law Team The popular term “PropTech” is projected to disappear as real estate digitization continues, the impact of the Russia-Ukraine conflict on the U.S. housing market is analyzed, China’s home prices continue to fall, and more. Continue Reading ›
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Commercial Real Estate Brokerages in an Uncertain Russian Market
by Cait Horner and Adam J. Weaver Several commercial real estate firms have joined the growing list of companies temporarily suspending – or outright terminating – property and facility management operations in Russia amid economic sanctions and mounting international pressure. CBRE is the latest to make such a move, discontinuing its Russian leasing, investment and...
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Commercial Real Estate Brokerages in an Uncertain Russian Market
by Cait Horner and Adam J. Weaver Several commercial real estate firms have joined the growing list of companies temporarily suspending – or outright terminating – property and facility management operations in Russia amid economic sanctions and mounting international pressure. CBRE is the latest to make such a move, discontinuing its Russian leasing, investment and...
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News of Note for the Internet-Minded (3/11/22) – AI Tools, NFT Trading and Ransomware Misdeeds
Is Russia’s invasion of Ukraine altering the landscape of the internet? Can AI help historians decipher ancient texts? How did two siblings allegedly use a digital token to defraud investors? Explore this and more in today’s News of Note. Continue Reading →
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Real Estate & Construction News Round-Up 03/02/22
by Pillsbury’s Construction & Real Estate Law Team Economic sanctions placed on Russia cause a shift in the U.S. real estate market, investments in virtual real estate continue to grow as market equilibrium returns, climate change concerns have made a notable impact on regional real estate interest, and more. Continue Reading ›