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The Quintessential Trump-era Politician
In 2020, I wrote an article about collaboration and collaborators. The title was History Will Judge the Complicit, and it started with the story of two famous East Germans, Markus Wolf and Wolfgang Leonhard, who both landed in East Berlin just after the end of the war. Although they came from very similar backgrounds, the former stuck with the regime, eventually becoming its spy boss; the latter, horrified by the brutal reality of Soviet-style communism, escaped. By way of juxtaposition, I also wrote about Lyndsey Graham and Mitt Romney. These two men also made very different decisions when confronted by Donald Trump’s assault on the ideals that they had both grown up believing: A glance at their biographies would not have led many to predict what happened next. On paper, Graham would have seemed, in 2016, like the man with deeper ties to the military, to the rule of law, and to an old-fashioned idea of American patriotism and American responsibility in the world. Romney, by contrast, with his shifts between the center and the right, with his multiple careers in business and politics, would have seemed less deeply attached to those same old-fashioned patriotic ideals. Most of us register soldiers as loyal patriots, and management consultants as self-interested. We assume people from small towns in South Carolina are more likely to resist political pressure than people who have lived in many places. Intuitively, we think that loyalty to a particular place implies loyalty to a set of values. But in this case the clichés were wrong. It was Graham who made excuses for Trump’s abuse of power. It was Graham—a JAG Corps lawyer—who downplayed the evidence that the president had attempted to manipulate foreign courts and blackmail a foreign leader into launching a phony investigation into a political rival. It was Graham who abandoned his own stated support for bipartisanship and instead pushed for a hyperpartisan Senate Judiciary Committee investigation into former Vice President Joe Biden’s son. It was Graham who played golf with Trump, who made excuses for him on television, who supported the president even as he slowly destroyed the American alliances—with Europeans, with the Kurds—that Graham had defended all his life. By contrast, it was Romney who, in February, became the only Republican senator to break ranks with his colleagues, voting to impeach the president. “Corrupting an election to keep oneself in office,” he said, is “perhaps the most abusive and destructive violation of one’s oath of office that I can imagine.” In the wake of Graham’s unexpected death on Saturday, I wrote about him again. He was, in many ways, the quintessential politician of Trump’s Washington, a man who shifted 180 degrees. Graham had been a fervent American patriot, proud reserve officer and military lawyer; he became one of the most important defenders of a president who believes soldiers are “suckers and losers” and shows no respect for law of any kind. As his politics changed, his language grew coarser and his behavior grew worse: He urged Israel to “level the place” in Gaza, and insulted the Danish prime minister in Munich, prompting a colleague, Senator Elissa Slotkin, to issue an apology. Here’s an excerpt from the article, which you can read in The Atlantic (gift link here) Like his close friend John McCain, Graham believed that America should stand at the center of a broad democratic alliance. The few times I met him were in that context, at the Munich Security Conference or at other European-American gatherings, which he once attended with great regularity. He also took seriously the practice of American democracy at home. In a 2014 conversation with The Atlantic, he described himself as a pragmatic politician who eschewed populist slogans. “I know Washington is broken, but what’s broken about it is everybody yelling and nobody trying to fix it,” he said. “I’m trying.” When Donald Trump first appeared in U.S. politics, Graham recognized him immediately for what he was: the spokesman for an alien ideology, one radically different from the idealistic patriotism that Graham had practiced and preached since childhood. Trump privately mocked the military that Graham loved as nothing but “suckers and losers.” He put falsehoods, cynicism, and personal greed at the center of his politics, while expressing disdain for transparency, accountability, and democracy itself. In 2015, Graham described Trump as a “race-baiting, xenophobic, religious bigot” who should “go to hell.” Also as a “nutjob.” When Trump won, Graham understood, as did so many others, that he would have to make some important choices. For a while, he went silent. In the spring of 2016, I saw him at one of those conferences in Europe. He seemed too depressed to speak. But then, like many other Republicans—and, more important, like many other people who have lived under political occupation or experienced radical regime change—he made the decision to abandon his previous ideals, to bury the patriotism that was once so important to him, and to become, instead, a loud, opportunistic collaborator. As I wrote in 2020, it’s very hard to look in to anyone’s heart and to understand their motivations from the outside. But it does seem that Graham had a deep need to be relevant, to be in the game, to be a player, at any cost. And that, rather than any particular achievement, is what he will be remembered for. Continuing to monitor conflicts of interest, ostentatious emoluments, outright corruption and policy changes that will facilitate outright corruption. (Read my original article, Kleptocracy Inc and check out the SNF Agora Institute chart) June 27 Trump diverted funds from more than 900 projects nationwide—including safety upgrades at national parks—to finance beautification projects around Washington, including $700,000 used to fix a White House walkway. June 28 After a years-long Department of Justice investigation into Abbott Laboratories over its management of a baby formula facility where potentially deadly bacteria turned up enough evidence to criminally charge the firm, top department officials instead opted for a financial penalty—illustrating the department’s move away from strict corporate enforcement under the Trump administration. June 29 Defense Secretary Pete Hegseth stacked the Defense Policy Board—which is charged with providing independent national security recommendations to the Office of the Secretary of Defense—with Trump allies, including tech billionaire Marc Andreessen, who has invested in defense contractors like OpenAI and SpaceX, after purging the panel last year. Trump purchased between $1 million and $5 million worth of stock in Axon—which makes about 90% of US tasers—two weeks before ICE solicited bids for a $220 million taser contract. The White House unveiled limited-edition US passports for America’s 250th birthday, featuring a portrait of Trump overlaid on the Declaration of Independence. June 30 Trump made around $1.2 billion from his various crypto companies last year, including more than $500 million from World Liberty Financial and $600 million from sales of his meme coin. Trump is considering issuing 250 pardons to commemorate America’s 250th birthday. These are expected to be largely doled out through the Office of the Pardon Attorney’s informal network of intermediaries. White-collar defense attorneys say they can typically win pardons for clients for $2 million. Last year, Trump administration officials awarded a no-bid contract worth up to $500 million to Clark Construction for the White House ballroom—negotiations in which the president was directly involved. July 1 The Amazon MGM Studios documentary about Melania Trump earned the First Lady more than $10 million. Trump made hundreds of individual stock purchases worth as much as $12.8 million the day before his announcement pausing “Liberation Day” tariffs for 90 days sent the S&P 500 soaring nearly 10%—one of the largest single-day gains ever. Mar-a-Lago and Trump National Doral saw record surges in revenue during Trump’s first year in office, earning $77.5 million and $121.9 million respectively, compared to average annual revenues of $25 million and $75 million during Trump’s first term. Entities across the Persian Gulf paid more than $300 million to Trump’s businesses last year, including $263 million from the sale of half his stake in World Liberty Financial to a firm backed by Sheikh Tahnoon bin Zayed Al Nahyan, a top UAE royal and brother of the country’s president. Kash Patel failed to properly disclose his stock purchase of a Department of Justice contractor, MicroStrategy, worth up to $250,000 last year, despite laws requiring disclosure within 45 days of the trade. July 2 Trump has been directing administration officials to steer more government contracts—so far worth more than $2.4 billion—to Jeff Bezos’s Blue Origin aerospace firm, after Amazon gave $1 million to Trump’s inaugural fund, donated to the White House ballroom project, and reached a $40 million deal to license a Melania Trump documentary. Alongside the billions he made from cryptocurrency last year, Trump earned millions of dollars from real estate licensing fees, including $21 million from organizations in the UAE and $9.2 million in Saudi Arabia, along with smaller sums from merchandise sales, including $4.7 million from Trump Watches and $35,920 from 45 Guitar, a guitar brand endorsed by the president. House Democrats accused consultants tied to the Trump administration of financial fraud, alleging they gave prospective donors to America250—the bipartisan committee created by Congress to celebrate the nation’s semiquincentennial—the banking and routing numbers for Freedom 250, the White House’s fund for events like the UFC cage fight. Democrats also allege that Freedom 250’s CEO traveled to the World Economic Forum in Davos to solicit donations from foreign government officials and business leaders. The Trump administration’s proposed rollback of gun regulations would lift the prohibition on mailing handguns to individuals, a significant win for GrabAGun—the direct-to-consumer firearm retailer on whose board Donald Trump Jr. sits and in which he holds a 1.1% ownership stake. GrabAGun currently must rely on a middleman to transfer firearms to customers. Trump’s financial disclosure revealed that he made more than 21,000 securities trades during his first year back in office, growing his investment account to at least $858 million across stakes in around 1,600 companies, compared to the 13 total trades Joe Biden made during his entire presidency. July 4 Nearly 1 million people who bought the president’s meme coin—Trump Coin—collectively lost $3.8 billion on the token, while he walked away with $636 million. July 6 Shares of Dell closed up 4.4% after Trump recommended people buy the firm’s computers during a speech announcing the launch of Trump investment accounts for children, boosting the more than $1 million worth of shares the president owns in the company. July 9 Federal Reserve Chair Kevin Warsh named crypto investor and Trump ally Marc Andreessen to a task force aimed at modernizing the Federal Reserve, including rethinking its approach to inflation—a key factor keeping interest rates elevated. Palm Beach International Airport has officially changed its name to Trump International Airport—a move that will require Florida to pay royalties to the president’s family for licensing his name. I was there a few months ago, during a trip to Barcelona. The sculptures were a revelation, I’d never seen so many together before. Each one has its own personality. Enjoy the good weather, if you are lucky enough to have it. History Will Judge the Complicit The Quintessential Politician Autocracy Inc Open Letters, from Anne Applebaum is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. Subscribe
Steve Przybilla
Plante Moran Living Forward (PMLF), the senior living development advisory division of commercial real estate firm Plante Moran Realpoint, is pleased to announce that Steve Przybilla has been promoted to partner.
Seahawks’ New Ownership Gets Blunt Devon Witherspoon Take
The Estate of Paul G. Allen announced on July 11 that it has agreed to sell the Seattle Seahawks to the Khosla family. Vinod Khosla, a limited partner with the San Francisco 49ers, is leading the ownership group.Moreover, the transaction will set a new benchmark for NFL franchise sales. ESPN’s Seth Wickersham and Adam Schefter […] The post Seahawks’ New Ownership Gets Blunt Devon Witherspoon Take appeared first on HEAVY.
Khosla Family Get Strong Message After Record Seahawks Sale
On July 11, the Estate of Paul G. Allen announced that the Khosla family has agreed to purchase the Seattle Seahawks. Moreover, the group is led by San Francisco 49ers limited partner Vinod Khosla. As for the financial terms of the sale, Seth Wickersham and Adam Schefter of ESPN reported, citing multiple league sources with knowledge of the situation, […] The post Khosla Family Get Strong Message After Record Seahawks Sale appeared first on HEAVY.
Breaking: Seahawks have sale agreement--for an NFL-record $9.6B
The buyer is a group led by Sun Microsystems co-founder Vinod Khosla. The Paugl G. Allen Estate announced the deal, subject to NFL approval.
Seaport Entertainment: Bill Ackman's Hidden Gem
Seaport Entertainment has irreplaceable experiential real estate assets, including NYC’s South Street Seaport and Las Vegas. Read why SEG stock is a strong buy.
Krull Commentary: McConnell, Platner and the politics of entitlement
This column was originally published by TheStatehouseFile.com. By John Krull TheStatehouseFile.com July 10, 2026 The medical mystery surrounding U.S. Sen. Mitch McConnell, R-Kentucky, and the political meltdown of Maine Democratic U.S. Senate candidate Graham Platner together illustrate much of what is wrong with American politics today. Many, many ambitious people in this country see running
Open For Business: Sales include $1.2M Bemus Point restaurant
A popular restaurant in Bemus Point has been sold and is now an Italian restaurant. The Post-Journal and OBSERVER have been analyzing real estate sales in Chautauqua County and recently looked at the transactions from April 27-30. The county does not provide transaction information, but real estate documents are available for review at the clerk’s […]
McConnell, Platner and the politics of entitlement
The medical mystery surrounding U.S. Sen. Mitch McConnell, R-Kentucky, and the political meltdown of Maine Democratic U.S. Senate candidate Graham Platner together illustrate much of what is wrong with American
Lancaster County public sales: July 10, 2026
Intel Auctions conducted a public auction of real estate June 5 for Mervin and Rebecca Ann Kaufman at 339 Churchtown Road, Narvon. The 2.3-acre property sold for $575,000 to Levi
Thai Tycoon Revamps Property Business To Unleash Growth
Panote Sirivadhanabhakdi, son of liquor tycoon Charoen Sirivadhanabhakdi, has been making moves to revamp the family’s real estate portfolio held by Singapore-listed Frasers Property.
Kingston, real estate co. reach Pike Plan canopy settlement
The uptown Kingston project removed more than 40 canopies along Wall and North Front streets.
Douglas Elliman Bets on AI to Reinvent Brokerage Business
Luxury real estate brokerage Douglas Elliman Inc. is betting artificial intelligence can expand its business beyond buying and selling homes.
News | Blackstone reviews £6 billion UK logistics business sale
Indurent launched in 2024 after merger of Industrials REIT and St Modwen
Chasen bankruptcy: Baltimore developer grilled by lawyers on business associates
Former Baltimore real estate mogul Brandon Chasen distanced himself from irregularities that appeared in his business empire’s finances during the lead-up to its collapse.
‘Marie Antoinette would feel very comfortable’: How U.S. airlines built their business around big spenders
Delta, United and American are pouring billions into first-class lounges, caviar service and lie-flat seats as premium cabins become their most profitable real estate—while economy travelers face rising fares and add-on fees.
Molasky Family Gift Names Lee Business School's Department of Economics and Real Estate
UNLV’s first named academic department honors the Molasky family’s decades-long connection to the university; reflects investment in students, faculty, and region's future.
Yana Rusovski Analyzes Fair Housing Compliance Challenges in Heartland Real Estate Business
Spencer Fane attorney Yana Rusovski authored the article What Housing Providers Need to Know About the IDHR Process, recently published by Heartland Real
Sun Life completes $350 million acquisition of Bell Partners
The deal folds a leading US multifamily manager into Sun Life's BGO real estate platform
The 7 Biggest Mistakes People Make In Their Wills, According To Estate Lawyers
These attorneys have seen it all, and they want you to avoid these costly legal and financial problems for your family's sake.
Airlines Are Turning Live Entertainment Into a Loyalty Strategy
Skift discovers how airlines such as British Airways and Cathay Pacific are turning entertainment venues into year-round brand real estate.
Home Swapping: How Does It Work, and Is It Worth Your While?
Before you go live in someone else’s house, and have them live in yours, make sure everyone is covered.
Palantir CEO Alex Karp's properties, homes: See inside
Palantir's Alex Karp has quietly built a nine-figure real estate portfolio. Here are some of the homes and properties he owns in the US.
Lancaster County public sales: July 3, 2026
Martin & Rutt Auctioneers LLC, of New Holland, conducted a public auction of real estate June 23 for Sarah L. Smucker at 107 Ewell Road, East Earl. A four-bedroom house
Negotiations between Cherriots, business leaders paused after months of meetings
Talks between the Salem Area Mass Transit District and representatives from a coalition of six business and real estate groups, and citizens were halted last week, Cherriots said in a press release. The two groups formed a task force to find a compromise after a proposed payroll tax sparked frustration last year. To comment on this story, use the form at the end of the report.
How crypto, real estate and watches added up for Trump last year
The real estate mogul has become the billion-dollar crypto man.
Where Trump’s Business Income Came From Last Year
Read more here on the crypto bets and real estate deals that turbocharged the president's personal wealth.
Crypto, real estate, watches: How Trump made over $1 billion last year
The latest disclosure report listing President Trump's financial holdings shows he took in about $1.2 billion last year from crypto holdings, overshadowing a real estate business that first brought him fame.
Luxury realtors are spending thousands on Botox, skincare, and clothes for work
Luxury real-estate agents are spending thousands on skincare, Botox, and designer clothes to project the aspirational lifestyle their clients want.
Florida is ‘on fire’ with corporate relocations, experts say
Blanca Commercial Real Estate CEO Tere Blanca and DaGrosa Capital Partners Chair Joe DaGrosa speak to Fox News Digital about how a California commercial exodus has followed a residential one to the Sunshine State.
CORUS ENTERTAINMENT PROVIDES UPDATES REGARDING CREDIT FACILITY AND SUPPORT AGREEMENT
Corus Entertainment Inc. (TSX: CJR.B) ("Corus" or the "Company") announced today that it has entered into a second amending agreement to the waiver and standstill agreement dated as of February 28, 2026, as amended by a first amending agreement dated as of May 29, 2026 (the "Waiver"), with lenders under the Company's Eighth Amended and Restated Credit Agreement (the "Credit Facility"). This second amending agreement extends the term of the Waiver from June 30, 2026 to September 1, 2026 in light
Chapin is set to get a slate of new restaurants and businesses. Check out where
The town of Chapin noted that several new restaurants and business are slated for a growing corridor.
HILCO GLOBAL ANNOUNCES SALE OF TURNKEY MOVIE & ENTERTAINMENT COMPLEX IN WHEELING TOWN CENTER
/PRNewswire/ -- The Hilco Global Real Estate Practice is pleased to announce the offering of a turnkey 36,880± SF movie and entertainment complex located at...
Revitalized 1930s estate in Mettawa for sale at almost $9 million
The mansion and 11-acre grounds of the estate known as Shagbark have been extensively rehabbed and updated since 2019 as a personal project of the man whose family company revitalized the former Motorola Mobility campus in Libertyville.
Dispatch reporter Emma Wozniak covers real estate development, business
From lawsuits to high-rises to market trends, here's how Emma Wozniak covers real estate and business news in Columbus.
Boniakowski: Electrical supply business buys Princeton commercial buildings for $1.9 million
An electrical supply company has acquired two adjacent buildings in Princeton for a combined $1.9 million, in a set of deals arranged by The Boniakowski Commercial Real Estate Group.
Lancaster County public sales: June 26, 2026
Witman Auctioneers Inc., of Manheim, conducted a public auction of real estate June 11 for the Dorothy McVey estate at 22 Sleepy Hollow Road, Nottingham. A two-bedroom mobile home on
MoCo real estate firm acquires Frederick business park
Minkoff Development Corp., a real estate firm headquartered in Germantown, has acquired Wedgewood North Business Park in Frederick.
How Elifin is reshaping the commercial real estate playbook
Elifin is leveraging a decade's worth of proprietary commercial real estate data as well as artificial intelligence to reshape how properties are marketed, analyzed and sold. The Baton Rouge-based … Already an INSIDER? Sign in. Already an INSIDER? Sign in
Gilbert-backed Cosm gets $100M Sony investment as immersive theater operator expands to Detroit
A Cosm location in downtown Detroit is expected to open in September as part of Dan Gilbert’s Bedrock LLC real estate firm’s Development at Cadillac Square project.
Ryman Hospitality Properties, Inc. Addresses Recent Media Reports Regarding Opry Entertainment Group
NASHVILLE, Tenn., June 24, 2026 (GLOBE NEWSWIRE) -- Ryman Hospitality Properties, Inc. (NYSE: RHP) (the “Company”), a leading lodging and hospitality real estate investment trust that specializes in group-oriented, upscale convention center resorts and entertainment experiences, today addressed recent media reports regarding the Company’s Opry Entertainment Group (“OEG”) business. Colin Reed, Executive Chairman of Ryman Hospitality Properties said, “We are incredibly proud of our OEG business an
The Midlands has a massive new entertainment center with bowling, food and more
The 44,000-square-foot, $13 million new facility brings bowling, an arcade, a full food menu, multiple bars and more to the Midlands.
Business Insider's 2026 Rising Stars of Real Estate nominations are open
Nominations are now open for Business Insider's 2026 Rising Stars of Real Estate list. Tell us about young, talented pioneers in the real estate industry.
Ryan Serhant’s Advice for Building a Business That Lasts
Ahead of his appearance at NAR NXT, the SERHANT. founder and CEO shares lessons on discipline, branding and playing the long game in real estate.
How wellness and longevity trends are reshaping American real estate
Health-obsessed homebuyers are splurging on cold plunges, saunas, and cryotherapy chambers. Real estate's biggest flex isn't just for the uber-rich.
Highland Park business faces eviction after private equity buys their building
A Highland Park small business owner faces eviction after a real estate investment company bought her building last month.
Real Estate Partner Sara Neva Receives Another Top Accolade, Named 40 Under 40 Leader by San Diego Business Journal
Procopio Real Estate Partner Sara Neva has been named to the 2026 40 Under 40 Leaders list by the San Diego Business Journal, the third time she's earned Real Estate Partner Sara Neva has earned her most recent recognition, named to the San Diego Business Journal list for 2026.
Bob on Business: Rosedale retail? Texas Wesleyan names real estate firm to market spaces
Also, private equity gets wasted; acquisitions; Texas twister real estate deals; real estate group uses the force; and deals in Alliance.
Americans are paying thousands to flee states over politics — but experts say using specialized agencies is not worth it
Looking for help moving to another state for political reasons? There’s a real estate agency for that.
Tampa medical building tied to philanthropist, investor Patel sold
In the week's top commercial real estate news, a grocery store property sold in Venice, a former beach hotel sold in Clearwater, and a prominent CRE broker makes a move in Fort Myers.
Juneteenth festival draws visitors to Peterboro
The Peterboro Juneteenth Freedom Folk Festival featured music, exhibits and local history while raising funds for the Gerrit Smith Estate.
The power of delegates: How Indiana Republicans pick statewide nominees
Every two years, Indiana Republicans gather for their state convention to nominate candidates for statewide office. In midterm election years, delegates choose the party’s nominees for secretary of state, treasurer
Real Estate Is Still a People Business
Unless you’ve been avoiding the internet for the past few years, you’ve probably noticed that artificial intelligence is everywhere. From customer service chatbots to content creation and personal assistants, AI is reshaping how people work, communicate, and access information. Real estate is no exception. Buyers, sellers, and real estate professionals are incorporating AI into their […]
Loss of another Seattle-area billionaire? Valve’s Gabe Newell is reported buyer of Florida estate
The Wall Street Journal reported this week that the video game developer is the buyer of a waterfront estate north of Miami.
Spring House Brewing Co. puts business and real estate portfolio on market for $5.2M
Spring House Brewing Co., a pioneer in the Lancaster County craft beer industry, has placed its real estate and business portfolio on the market for a combined $5.2 million.
Inspired Entertainment (INSE) Uses Paddy Power Renewal to Reinforce Its Retail Betting Base
Inspired Entertainment, Inc. (NASDAQ:INSE) is one of the best e-gaming and sports betting stocks to buy now. The company strengthened its betting-shop exposure on May 6, when it extended its long-term agreement with Paddy Power to remain the exclusive provider of gaming terminals and content across Paddy Power’s UK retail estate. The agreement matters because […]
Dr. Picklestein’s wild ride: living a dual life of chemistry professor and K-12 science celebrity
Eggs, rubber chickens, liquid nitrogen, boiling water, canning wax, plastic bottles and a very old...
Here’s Why Baron Real Estate Fund is Constructive on Caesars Entertainment (CZR)
Baron Capital, an investment management company, released its Q4 2025 letter for its “Baron Real Estate Fund”. A copy of the letter is available to download here. Baron Real Estate Fund was recognized as the Best Real Estate Fund Over Three Years at the 2026 LSEG Lipper Funds Awards, reflecting the three-year performance ending December 31, […]
Should You Buy Seaport Entertainment Group (SEG)?
Seaport Entertainment Group Inc. (NYSE:SEG) is one of the 6 Cheap Stocks to Buy According to Bill Ackman. Seaport Entertainment Group Inc. (NYSE:SEG) is a real estate firm focused on the entertainment sector. The shares are up by 18.8% over the past year and by 23% year-to-date. The firm has been busy in 2026 consolidating […]
Peterboro festival to mark Juneteenth celebration
The Peterboro Freedom Folk Festival on June 20 will feature live music, exhibits and food vendors at the Gerrit Smith Estate.
Retiree saved $16K, sold condo without a real estate agent
A retiree sold her condo using an AI platform, challenging traditional real estate norms. She's never liked paying commission fees.
Garbe to partner with Boston's Berkeley Investments
Garbe, a German real estate investor and developer, is partnering with Boston-based Berkeley Investments for its entrance into the US market.
Sarasota business park land sold to investor planning apartments
In the week's top commercial real estate news, a 100,000-square-foot industrial site leased in Tampa, 1,000 homes will be built in Lakewood Ranch, and a grocer-anchored center sells in Seffner.
Former adult entertainment spot in Worcester could become daycare center
Club Tiger Child Care in line to open after $2.7 million real estate deal.
Business Restructuring Review Vol. 25 No. 3 May-June 2026
In This Issue Texas Bankruptcy Court Adopts Barnet Rule Requiring Foreign Debtor to Have U.S. Assets to Be Eligible for Chapter 15 Relief In In re Siu-Fung Ceramics Holdings Limited, No. 24-33299, 2026 WL 382424 (Bankr. S.D. Tex. Feb. 10, 2026), the court denied petitions for chapter 15 recognition of Hong Kong bankruptcy and liquidation proceedings commenced on behalf of an individual debtor and a group of companies that he owned or controlled. According to the court: (i) the corporate debtors' Hong Kong liquidation proceeding was not eligible for chapter 15 recognition because the attorney retainer upon which such relief was based was not funded until nine months after the chapter 15 petition date; and (ii) the individual debtor's Hong Kong bankruptcy case could not be recognized because the debtor's "center of main interests" on the chapter 15 petition date was not in Hong Kong, and he did not even maintain an "establishment" there. [read more …] Southern District of Texas Clarifies Post-Purdue Course for Consensual Third-Party Releases and Gatekeeping Provisions In In re Container Store Group, Inc., 676 B.R. 356 (S.D. Tex. 2026), appeal filed, No. 26-20166 (5th Cir. Apr. 14, 2026), cross appeal filed, No. 26-20166 (5th Cir. Apr. 24, 2026), the U.S. District Court for the Southern District of Texas addressed consensual third-party releases and gatekeeping provisions in the aftermath of the U.S. Supreme Court's ruling in Harrington v. Purdue Pharma L.P., 603 U.S. 204 (2024). Consistent with existing Fifth Circuit precedent, the court confirmed that, in appropriate circumstances, consent for third-party releases may be obtained through a creditor's failure to opt out of granting that consent. But, the court ruled, consent through an opt-out mechanism essentially can never be inferred for creditor classes that stand to receive no recovery under a chapter 11 plan and that are deemed to reject the plan by operation of applicable bankruptcy law. Instead, those classes must affirmatively opt in to any release. The court also narrowed and remanded the bankruptcy court's acceptance of a broad gatekeeping provision, ruling that such provisions must correspond to the restrictions established by Fifth Circuit precedent. [read more …] Delaware Bankruptcy Court: Initial Transferee Need Not Be Defendant in Fraudulent Transfer Avoidance and Recovery Litigation The Bankruptcy Code gives a bankruptcy trustee the power to avoid asset transfers that are either made with the intent to defraud creditors or that are "constructively" fraudulent because an insolvent debtor did not receive adequate value in exchange. The Bankruptcy Code also permits recovery of an avoided transfer from not only the initial recipient, but also from subsequent transferees. Courts disagree over whether a transfer must actually be avoided before the trustee can seek recovery from a subsequent transferee and whether the initial transferee must also be a defendant in the recovery litigation against a subsequent transferee. The U.S. Bankruptcy Court for the District of Delaware weighed in on this debate in Phillips v. SS Associates LLC (In re ONH AFC CS Investors, LLC), No. 23-10931 (CTG), 2026 WL 312892 (Bankr. D. Del. Feb. 4, 2026). The court adopted the majority view, ruling that the initial transferee need not be a defendant in avoidance and recovery litigation against a subsequent transferee, but that the trustee must establish the elements necessary to avoid the initial transfer as part of the recovery litigation. [read more …] New York Bankruptcy Court Weighs In on Adequate Assurance of Future Performance under Assigned Leases and Chapter 11 Plan Exculpation Provisions In order to assume and assign an executory contract or unexpired lease, a bankruptcy trustee must cure most defaults under the agreement and provide "adequate assurance" of the assignee's future performance. However, the Bankruptcy Code provides no guidance as to the meaning of "adequate assurance" other than with respect to shopping center leases. In In re Broadway Realty I Co. LLC, No. 25-11050, 2026 WL 147505 (Bankr. S.D.N.Y. Jan. 19, 2026), the U.S. Bankruptcy Court for the Southern District of New York examined this issue in connection with a proposed assignment of thousands of residential leases as part of a free-and-clear sale of debtors' properties. The court held that "adequate assurance" does not mean a guarantee of the assignee's future performance, but merely demonstration that the assignee has the ability to satisfy the underlying obligations. The bankruptcy court also ruled that an exculpation provision in the debtors' chapter 11 plan exonerating non-estate fiduciaries from liability for actions taken in connection with the chapter 11 case was unobjectionable, provided it was limited in scope to postpetition conduct and actions taken in connection with implementation of the plan after its effective date. [read more …] Newsworthy Corinne Ball (New York) (Hall of Fame), Bruce Bennett (Los Angeles), Carl E. Black (Cleveland), Jeffrey B. Ellman (Atlanta), Brad B. Erens (Chicago), Gregory M. Gordon (Dallas), Heather Lennox (Cleveland/New York), Joshua M. Mester (Los Angeles), and Kevyn D. Orr (Washington) were included in the 2026 edition of Lawdragon 500 Leading Bankruptcy and Restructuring Lawyers. The Daily Business Review selected Isel M. Perez (Miami) as an "On the Rise" winner for the Florida Legal Awards. The Florida Legal Awards annually recognize those who have made significant contributions to the legal industry in Florida. Dan T. Moss (Washington/New York) was inducted as a Fellow in the 37th Class of the American College of Bankruptcy at its Annual Meeting in March 2026 in San Antonio, Texas. Christine Borries (Munich) was ranked in the practice area Restructuring/Insolvency in the 2026 edition of Chambers Germany. The 2027 edition of The Best Lawyers in Singapore™ recognized Sushma Jobanputra (Singapore) in the practice area Insolvency & Reorganization. The restructuring transaction involving Eissmann Automotive North America, Inc. received the "2025 Turnaround of the Year (Large Company)" at the Turnaround Management Association (Detroit) Annual Awards Reception. T. Daniel Reynolds (Cleveland) and Nick Buchta (Cleveland) represented subsidiaries of Eissmann Group Automotive in connection with the parent company's German insolvency proceedings. Roger Dobson (Sydney) is among 40 Jones Day lawyers recognized by The Best Lawyers in Australia 2027 for his contributions in Banking and Finance Law; Distressed Investing & Debt Trading; Insolvency and Reorganization Law; Litigation. An article written by Corinne Ball (New York) titled "Ard Finance—A Global Enterprise Combining an LME With a Foreign Insolvency Proceeding and Chapter 15" was published in the April 21, 2026, edition of the New York Law Journal. An article written by Alex Sapp (New York) titled "Recent Developments in Section 510—Subordination" was published in the 2025 edition of the Norton Annual Survey on Bankruptcy Law. An article written by Brad B. Erens (Chicago) titled "New York Bankruptcy Court Approves Insider DIP Litigation Financing" was published on April 6, 2026, by Lexis Practical Guidance. An article written by Corinne Ball (New York), Dan T. Moss (Washington/New York), David S. Torborg (Washington), and Isel M. Perez (Miami) titled "New York District Court Affirms Narrow Scope of 'Public Policy Exception' in Chapter 15 Cases" was published on April 6, 2026, by Lexis Practical Guidance. An article written by Jeffrey B. Ellman (Atlanta) titled "Statutory Cap on Lease Rejection Damage Claims in Bankruptcy Applies to Solvent Debtors" was published on April 6, 2026, by Lexis Practical Guidance. An article written by Trisha L. Mowbray (Real Estate; Chicago) and Ryan Sims (Washington) titled "Chapter 11 Plan that Abridged Non-Debtor Lessee's Rights to Remain in Possession After Rejection Unconfirmable as Having Been Proposed in Bad Faith" was published on April 6, 2026, by Lexis Practical Guidance. Lawyer Spotlight: Ben Rosenblum Ben Rosenblum, a partner in the New York Office, represents debtors, creditors, and other parties in out-of-court restructurings and court-supervised proceedings, including chapter 11 cases, municipal bankruptcies, international insolvency matters, and stockbroker liquidations. His experience spans industries such as manufacturing, shipping, mining, aviation, energy, real estate, and telecommunications. Ben's notable debtor representations include Peabody Energy, the City of Detroit, Chrysler LLC, Spansion Japan, and Dana Corporation. Significant creditor representations include General Maritime Corporation, Calpine Corporation, American Home Mortgage, and Murray Energy. He currently represents creditors in Puerto Rico's restructuring. He also has extensive experience advising financial institutions on bankruptcy law as applied to derivatives.
What new business is being planned beside Lexington High School? What we know
The new business would be along a busy Lexington highway that includes the high school, a major grocery store, restaurants and more.
Zillow co-founder Rich Barton leaves Seattle for Las Vegas
Barton, who started the real estate giant in Seattle 20 years ago, announced on X last Friday that he was officially a Las Vegas resident.
Why is Boston's Rob Griffin so influential?
The quietly-powerful real estate broker at the center of a bombshell lawsuit is one of the most influential figures on Boston's real estate world.
First Business Bank Funds $25MM Asset-Based Credit Facility for Nut Processing Company Refinancing
First Business Bank’s asset-based lending team closed a $25 million asset-based credit facility, consisting of a revolving line of credit and real estate term
Moran named Chicago's chief technology officer
Kevin Moran, a City Hall veteran, has been promoted to chief technology officer.Mr. Moran replaces John Tolva, a former IBMer who left City Hall last fall and joined engineering and consulting firm PositivEnergy Practice.Mr. Moran has worked for the city's Department of Innovation and Technology for six years, most recently as director of IT. He previously worked for General Growth Properties, a Chicago-based real estate investment firm.
Why Oscar Health (OSCR) Is Up 10.3% After Leadership Shift And Analyst Upgrade
Oscar Health, Inc. recently amended and restated its employment agreement with co-founder Mario Schlosser as he moved from President of Technology and Chief Technology Officer to Co-Founder & Advisor to the CEO, effective June 1, 2026, while he continues to support the company’s artificial intelligence and digital health agenda and remains on the Board. At the same time, a major Wall Street firm upgraded its view on Oscar Health after Q1 2026 results exceeded expectations and reinforced...
Nicholas M Ryan
Industry: Real EstateAge: 70 (Crain's estimate)Undergrad: Rose Hulman Institute of TechnologyProfessional/civic: National Multifamily Housing Council; Institute for Community
Boston’s international business boom equals more demand for housing
For real estate professionals, international business shows up in relocation traffic, rental demand and luxury purchases tied to expansion.
Lancaster County public sales: June 5, 2026
Martin & Rutt Auctioneers LLC, of New Holland, conducted a public auction of real estate May 26 for Austin and Jenna Sauder at 235 N. King St., Denver. A brick
Google is letting social media stars customize their search result page
With enough followers, you can control important Google real estate.
Dey Mansion: See 18th-century mansion where George Washington stayed
George Washington stayed in many homes during the Revolution. One estate, the Dey mansion in New Jersey, still stands today. Take a look inside.
Anthropic shares accepted for Brooklyn home's $5.99M price: photos
A Brooklyn home seller is seeking Anthropic shares or bitcoin for a $5.99M property, reflecting AI equity's rise in real estate transactions.
San Francisco's wild housing market: AI boom sends home prices soaring
Overnight AI fortunes, multimillion-dollar bidding wars, and looming IPOs are rocking San Francisco real estate and sending home prices soaring.
School for the Digital Future pioneers new Sport Impact Certificate
Sports and academics may seem like opposite ends of the university, but the School for...
The Bounce-Back: How Entertainment Tenants Are Rewriting Retail Real Estate
According to JLL's report, foot traffic across 20 tracked entertainment concepts has fully recovered from the pandemic and now stands roughly 12% above 2019 levels.
National Healthcare Properties Provides Business Updates
Growing SHOP Acquisition PipelineAddition to the Russell 2000 and 3000 IndexesPresentation at Nareit’s REITweek 2026 Investor Conference NEW YORK, June 01, 2026 (GLOBE NEWSWIRE) -- National Healthcare Properties, Inc. (Nasdaq: NHP) (the “Company”), a self-managed real estate investment trust focused on acquiring, owning and investing in a diversified portfolio of healthcare real estate, with an emphasis on providing senior housing to serve a growing elderly population in the United States, today
Firm Leases 22-Story Class A Building - Los Angeles Business Journal
The Swig Co. and Intercontinental Real Estate Corp. have announced the signing of more than 22,000 square feet of leases at 6300 Wilshire in Miracle Mile
Better Business Bureau warns of growing home listing scams
The Better Business Bureau is warning homebuyers about a growing scam where fraudsters steal real estate photos and repost them at low prices.
A Look Back: How the art of auctioneering has evolved from estate sales to online marketplaces
Discover the story behind the legendary 'Auction of the Century' in 1971, as auctioneer William A. Smith made his mark in the world of high-end antiques.
Lancaster County public sales: May 29, 2026
Kline, Kreider & Good Auctioneers, of Brownstown, conducted a public auction of real estate May 5 for Jerry H. and Carla J. Hurst at 330 S. Reamstown Road, Ephrata. A
Drive-thru coffee, cryotherapy, pilates: Experts share retail trends after Las Vegas event
Dozens of Louisiana real estate expert joined more than 20,000 investors and brokers at the ICSC convention in Las Vegas last week. The lack of new shopping center space and demand from coffee drive-thru chains were the main takeaways.
The doctor will see you now — in a dazzling new office in South Florida
Medical space for higher-end healthcare services is driving a mini-boom in the South Florida real estate market.
ATG Entertainment Expands to 19K SF at GFP’s 630 Ninth Avenue
GFP Real Estate has signed three new deals at its 630 Ninth Avenue office building totaling 24,815 square feet.
Attend The H Street Business Public Safety Round Tabel & Community Walk Today
Join the Metropolitan Police Dept. (MPD) for a public safety discussion with businesses, real estate oewners and management, community organizations and stakeholders to share ideas on improving H Street and enhancing public safety. Hosted by First District Commander Colin Hall and sponsored by H Street Main Street. The Round Table begins at 1 p.m. at […]
'Poor' health of Biscayne Bay threatens Miami 'economic powerhouse'
Miami's Biscayne Bay remains “vulnerable and under stress due to continuous pollution” threatening tourism, entertainment, boating and real estate.
Business
The Seattle Times business section covers Seattle, the Eastside including Bellevue, Snohomish County, the Puget Sound region and Pacific Northwest. Coverage includes Amazon; Boeing and aerospace; Microsoft and technology; Starbucks, Nordstrom and retail; the state and U.S. economy, commercial and residential real estate; personal finances; and stock markets. Columnist Jonathan Talton is featured.
"The Wii U Was On Life Support" - Reggie Restates The NES & SNES Classic's True Purpose
Holiday magic
My HOA Neighbor Is Breaking the Rules. What Can I Do?
There are contracts between property owners, and also between owners and the community.
Man accused of firing pellet gun at real estate business 5 times causes $40K+ in damages, SAPD says
Investigators arrested a San Antonio man they believe is responsible for shooting a pellet gun at a Northwest Side real estate firm on five different occasions.
Attorney Kyle Chamberlin Launches New Business, Real Estate Law Firm
South Bend business and real estate attorney Kyle Chamberlin has founded a new firm, Chamberlin Legal . A graduate of Mishawaka High School and the University of Notre Dame, Chamberlin brings 15 …
How To Take Your Real Estate Business To The Next Level
Learn how to scale your real estate business by applying the right strategies and technology to help you and your team grow.
Lancaster County public sales: May 22, 2026
Martin & Rutt Auctioneers LLC, of New Holland, conducted a public auction of real estate May 12 for Keith B. Roberts at 807 Pleasure Road, Lancaster. A one-bedroom cottage and
SBA To Double To $10 Million Maximum Loans For Some Small Businesses
The change, taking effect on July 4th, will benefit businesses that need expensive equipment or real estate.
How Sen. Jay Morris mixed Meta's mega-deal with his own real estate business
While Morris used his political position to advance the massive Meta data center project and the Entergy deal to power the facility, he and his business partners were buying and selling the land around it over the past 15 months.
Yasam Ayavefe Expands Active Investment Strategy Across Hospitality, Real Estate, Technology, and Energy Sectors
Dubai, United Arab Emirates, May 21, 2026 -- Yasam Ayavefe is advancing a cross-sector investment strategy focused on operational discipline, lo...