Entrepreneurs in Miami and elsewhere are familiar with making and receiving loans as commonplace tools in the management of their businesses. One need look no further than the growth of Miami’s skyline through debt-financed development to understand how other people’s money can be leveraged to create new wealth for investors.
Retail landlords and tenants are heavily impacted by recent changes in liquor licensing forms generated by the Massachusetts Alcoholic Beverages Control Commission (ABCC) and increased background investigations related to license applications.
There is an increasing trend for the construction of private airport terminals and facilities at AFRICAN AIRPORTS. These constructions vary from the four-floor complex being constructed by Quits Aviation at the Lagos International Airport in NIGERIA to the modest VIP lounge established at the Lubumbashi Airport in the DEMOCRATIC REPUBLIC OF CONGO.
Maryland is primed to expand and incentivize use of the International Green Construction Code. In 2011, Maryland was the first state in the country to authorize use of the IgCC for private and public construction.
Last week I attended an invitation only round table organized by Karen Hedlund, Deputy Administrator for the Federal Railroad Administration. The round table was held in conjunction with the High Speed Rail Conference held at LA Metro’s headquarters in Los Angeles, California.
As usual, the Virginia CLE/Virginia State Bar Construction and Public Contracts Law section’s November CLE program was a huge success. The meeting was held at the Boar’s Head Inn in Charlottesville – where it has been held for the vast majority of its 34 years.
Community associations with unenforced deed restrictions can enforce them – even after 82 years! So says a Morris County Superior Court Judge after a recent trial in a case entitled Unfair Share Lake Arrowhead 2010, Inc. v. Lake Arrowhead Club, Inc.
We have previously written here on CrunchedCredit about Chinese banks lending in the U.S. With recent news that Chinese state-owned developer Greenland Group has agreed to purchase a 70% stake in Brooklyn’s Atlantic Yards development for $725 million, we have seen the first headline grabbing real estate acquisition of U.S. property by a Chinese investor.
Landlords and tenants beware! If you are a landlord and you do not pay enough attention to the tax recharge provisions in your leases, you can end up out of pocket tens or even hundreds of thousands of dollars on the annual tax recharge balance sheet. As we all know, if you do not have a contractual ability to collect, you still have to pay.
American Legion Weighs in On Kingdomware and Asks Federal Circuit to Force VA to Comply with the Law
On September 11, 2013, the American Legion filed an amicus curiae brief, asking the Federal Circuit to reverse the Court of Federal Claims’ November decision in Kingdomware Technologies, Inc. v. The United States. In Kingdomware, the COFC effectively overturned an important line of Government Accountability Office (“GAO”) decisions affecting VOSBs and SDVOSBs.