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|Tribe’s Gamble That Casino Land Transfer Approval Not Subject to CEQA Pays Off|
Whitney Hodges, John E. Ponder; Sheppard, Mullin, Richter & Hampton LLP;
October 16, 2014, previously published on October 2, 2014In a recent Third District Court of Appeal published opinion, the court in Picayune Rancheria of Chukchansi Indians v. Edmund G. Brown, Jr. (3rd. Dist. 2014) strictly interpreted the California Environmental Quality Act’s definition of “public agency,” holding that it only applies...
|Luxembourg-France Tax Treaty: Amendment Signed on September 5, 2014|
October 16, 2014, previously published on October 2014On September 5, 2014, French Minister of Finance Michel Sapin and Luxembourgian Minister of Finance Pierre Gramegna signed an amendment to the France-Luxembourg Tax Treaty (1958) (the "Tax Treaty"), as amended by the 1970 exchange of letters and by the 1970, 2006, and 2009 protocols.
|Implications of the SEC Investor Advisory Committee’s Take on the “Accredited Investor” Definition|
Sutherland Asbill Brennan LLP;
October 16, 2014, previously published on October 10, 2014Yesterday, the SEC’s Investor Advisory Committee (IAC), an advisory panel established by the SEC in 2009 to represent investor interests, approved a recommendation to change the definition of “accredited investor” in Reg. D under the Securities Act. While the IAC’s...
|SDLT and Property Investment Funds|
October 16, 2014, previously published on October 2014The UK government has announced that it will be looking at whether any changes are needed to current stamp duty land tax ("SDLT") rules to cater for two specific forms of collective investment scheme designed for investors in the UK market.
|New Changes to Pennsylvania Mechanics' Lien Law Take Effect|
Jason A. Copley, Daniel E. Fierstein; Cohen Seglias Pallas Greenhall & Furman PC;
October 14, 2014, previously published on September 24, 2014On July 9, 2014, Pennsylvania Governor Tom Corbett signed a bill (S.B. 145) into law that amends the Pennsylvania Mechanics’ Lien Law of 1963 (the “Lien Law”). The new law took effect on September 8, 2014 and affects subcontractor lien rights on residential construction projects...
|Lenders Beware: the Nevada Supreme Court Holds That Foreclosures of Homeowners’ Association Liens May Extinguish First Priority Deeds of Trust|
Bob L. Olson; Snell & Wilmer L.L.P.;
October 13, 2014, previously published on September 26, 2014Nevada has adopted the Uniform Common Interest Ownership Act of 1982 (the “Act”) which governs homeowners’ associations (“HOA”).
|Missing Data Protocols Under AB1103 Energy Use Disclosure Rule And Other Important Facts You Need To Know|
Lydia Lake, Pamela L. Westhoff; Sheppard, Mullin, Richter & Hampton LLP;
October 10, 2014, previously published on October 2, 2014Many commercial property owners have approached us with questions about missing data protocols, how to properly comply with AB 1103 (and the consequences of non-compliance) and what buildings are affected. Here is what you need to know.
|Creditors Beware: Married Couples Claiming Homestead Protection on Two Residences May Avoid a Forced Sale|
Karl Gruss, Edward Lee Kelly; Rogers Towers, P.A.;
October 8, 2014, previously published on September 30, 2014Florida’s homestead exemption protects a married couple’s primary residence from forced sale to satisfy a judgment lien, but what happens when spouses retain two properties as their individual primary residences, claiming homestead protection on each? The answer comes down to whether...
|What Exactly Is A Subordination, Non-Disturbance and Attornment Agreement, and Why Do I Need One?|
David L. Allen; Jaburg & Wilk, P.C.;
October 8, 2014While most commercial leases contain a requirement that the tenant will execute a “Subordination, Non-Disturbance and Attornment Agreement,” commonly referred to a an “SNDA,” a majority of tenants who have signed such leases, and most likely several of the real estate agents...
|Unruly Horse Renders Stable Owner Immune from Liability for its Unruly Dog|
Stephen D. Richman; Kohrman Jackson & Krantz PLL;
October 8, 2014, previously published on October 6, 2014Prior to the twentieth century, the old adage- “every dog gets one free bite” was in effect in most jurisdictions. In other words, a dog owner was only held liable for his dog's biting someone if the owner had reason to know the dog would bite.