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A New Jersey court recently examined the critical role of reasonable reliance in fraud and negligent misrepresentation claims involving a commercial real estate transaction. The case centered on a buyer's allegations that they were misled about the number of apartment units that could be developed on a property site, raising important questions about when purchasers can legitimately rely on seller representations versus their own due diligence investigations. The court's analysis provides valuable guidance

This is the 37th episode of our series of commercial litigation update podcasts, which is a special edition focusing on force majeure. As well as outlining the legal landscape for force majeure under English law, it gives practical guidance on both drafting force majeure clauses and dealing with force majeure scenarios.

Mobile spectrum licence renewal presents regulators with a critical policy choice: should renewal fees reflect full market value, or can below-market pricing serve as an investment instrument? This white paper models how pre-committed renewal fee structures affect operator investment decisions and social welfare, revealing that optimal fees may strategically deviate from market rates when private returns fall short of social benefits. The analysis further explores how success-dependent fee extraction create