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HTMLPublic Act 12-182: Completing The Improvements To Our Performance Bond Law
Timothy S. Hollister, Christopher J. Smith; Shipman & Goodwin LLP;
Legal Alert/Article
June 23, 2012, previously published on June 19, 2012
We’re reporting on the recently enacted Public Act 12-182. The Act completes improvements to Connecticut’s performance bond law concerning site plans and subdivisions, started by the General Assembly with Public Act 11-79. Public Act 11-79 generated a great deal of confusion. Public...

 

Adobe PDFOur Amended Performance Bond Law: Sensible Changes, But More Needed
Timothy S. Hollister, Christopher J. Smith; Shipman & Goodwin LLP;
Legal Alert/Article
September 22, 2011, previously published on September 21, 2011
Public Act 11-79, effective October 1, 2011, makes several significant changes in how developers and builders post performance bonds with municipalities to ensure the proper and timely construction of infrastructure and key amenities in site plan approvals, and public improvements (roads,...

 

HTMLMulti-Family Rental Housing: Opportunities and Challenges
Timothy S. Hollister, Kent S. Nevins; Shipman & Goodwin LLP;
Legal Alert/Article
August 2, 2011, previously published on July 28, 2011
As real estate professionals who have worked through previous economic downturns know, difficulties in single-family and ownership markets lead to increases in households that are in transition or unwilling or unable to buy a home for the first time or as a trade-up. When this part of the...