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Documents on Business Law, Real Estate
 

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HTMLRight of First Refusal or Right to Match - Your Advantage
Padly Associates P.A.;
Legal Alert/Article
June 11, 2013
Too often when drafting an agreement, people lose track of what can go wrong. The initial thoughts are "we go into business and if it does not work out, then we dissolve it and each go our separate ways." This approach fails to take into consideration the potential other factors that can...

 

Adobe PDFBusiness and Legal Implications for Environmental Consulting Firms Lessons Learned from the Stratus/Chevron Ecuador Debacle
Paul S. Bailin, James W. Bergenn, Andrew N. Davis, Paul D. Sanson; Shipman & Goodwin LLP;
Legal Alert/Article
June 10, 2013, previously published on June 5, 2013
Recent developments in a case that has made headlines globally have shaken the environmental consulting world and those who utilize their services. In Maria Aguinda y Otros v. Chevron Corp., an environmental contamination suit was brought against Chevron in Lago Agrio, Ecuador by a group of...

 

HTMLGetting Full Value For Your Business: Make Sure Your Lease Can't Get in the Way
John D. Brunt; Blaney McMurtry LLP;
Legal Alert/Article
June 5, 2013, previously published on June 3, 2013
You own a business. You operate from rented premises. You work hard, take the risks, take the lumps, and have a successful enterprise. One day, for whatever reason, you may want to sell. Are you going to realize full value?

 

HTMLCan Our Association Do That? FCA Adopts New Rule for Farm Credit Subsidiaries
Patrick F. Brown, David Gossett; Nexsen Pruet, LLC;
Legal Alert/Article
June 5, 2013, previously published on May 29, 2013
The Farm Credit Administration has adopted a new final rule governing the ownership and use of unincorporated business entities (UBEs) by Farm Credit System institutions. It applies to investments by System institutions in limited partnerships, limited liability partnerships, limited liability...

 

HTMLCFPB Cracks Down on Sham Affiliated Business Arrangements Under Section 8 of RESPA
David N. Anthony, Maryia Y. Jones, John C. Lynch; Troutman Sanders LLP;
Legal Alert/Article
May 27, 2013, previously published on May 23, 2013
On May 17, 2013, the Consumer Financial Protection Bureau (CFPB) barred a Texas homebuilding company and its affiliate (Respondents) from engaging in real estate settlement business, including mortgage origination, for five years. Respondents were also ordered to disgorge all kickbacks that...

 

HTMLThe New Limited Liability Company Law in California: Will the LLC Structure Still Work for You?
Jennifer Bojorquez, Krystle Gomez, Matthew C. So; Troutman Sanders LLP;
Legal Alert/Article
May 24, 2013, previously published on May 22, 2013
In January 2014, the existing limited liability company act in California (the Beverly-Killea Limited Liability Company Act) will be repealed and superseded by the California Revised Uniform Limited Liability Company Act, popularly known as RULLCA. RULLCA was signed into law by Governor Jerry Brown...

 

Adobe PDFAttorneys' Fees Provisions: Not a Blank Check to Overreach
Anne E. Kane; Schnader Harrison Segal & Lewis LLP;
Legal Alert/Article
May 18, 2013, previously published on May 2013
In the American legal system, attorneys’ fees and costs are not recoverable as damages unless expressly authorized by statute. Legal fees are simply a cost of doing business unless the parties to a contract agree otherwise.

 

HTMLAvoid Making Unnecessary Property Protection Advances On New York City Properties
Keith Brandofino; Kilpatrick Townsend & Stockton LLP;
Legal Alert/Article
April 19, 2013, previously published on April 17, 2013
One way lenders can limit their losses is to ensure that its collateral has a water meter, thereby avoiding advances for overstated water/sewer charges. Below is the reason why.

 

HTMLFederal Agencies Issue New Appraisal Rules
Paul M. Phillips; Adams and Reese LLP;
Legal Alert/Article
April 16, 2013, previously published on April 11, 2013
On January 18, 2013, the FDIC, the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, the Federal Housing Finance Agency, and the Consumer Financial Protection Bureau ("CFPB"), issued the Higher Priced Mortgage Loan Appraisal Rule ("HPML...

 

HTMLCFPB Issues Small Entity Compliance Guide for Ability-to-Repay Rule
David N. Anthony, Scott Kelly, Michael E. Lacy, Alan D. Wingfield; Troutman Sanders LLP;
Legal Alert/Article
April 15, 2013, previously published on April 11, 2013
On April 10, 2013, the Consumer Financial Protection Bureau (CFPB) issued a Small Entity Compliance Guide (the “Guide”) for its Ability-to-Repay/Qualified Mortgage final rule (the “ATR/QM Rule”) that is slated to go into effect on January 10, 2014. According to the CFPB, its...

 


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