Category: Business

Electric vehicle maker Waev Inc. on Wednesday sued the US Department of the Treasury and the IRS for creating a final rule that excluded the company’s low-speed GEM line of electric cars from the Inflation Reduction Act’s EV tax credit program.

Washington’s Supreme Court has agreed to review whether the CARES Act eviction notice only applies to tenants who are late on rent, and not to violent tenants targeted by landlords for quick removal.

Distressed investors are targeting US commercial real estate deals as a result of plummeting office values due to the pandemic. Private equity firms have earmarked 64% of funds for this sector.

The city of Manawa continues to clean up after a massive flood and what was once a pond is now almost dried up, leaving many homeowners around it concerned about their property values.

A&E Television Networks LLC is entitled to a New York City unincorporated business tax deduction for expenses that are also deductible under federal law, a city judge ruled.

A Georgia shopping center owner involved in coverage disputes with its insurer after suffering an $18.8 million theft and vandalism loss asked a Georgia federal court to dismiss or stay its insurer’s case until its own prior Texas state loss coverage action against the carrier is decided.

Drafting and enforcing unambiguous parking and storage unit license agreements are essential tasks for co-op and condo boards in New York City, with recent cases highlighting how prudent terms can minimize potential headaches, says Matthew Eiben at Rosenberg & Estis.

Cook County residents face the largest property tax increase in 30 years, spurring local leaders to encourage appeals.

A Colorado federal judge partially dismissed and remanded a suit filed by a nonprofit representing vacation rental owners who claim that a resort town’s laws governing short-term rental licenses are overly restrictive.

Transaction Volume Dropped Nearly 40% From Year-Earlier Levels