Braving Tempestuous Times: Hell-or-High-Water Obligations Maintain Their Viability Despite Leasing Scams and a Troubled Economy
February 24, 2010
Part One of this Article discussed the impact of some of the recent NorVergence cases on the viability of hell-or-high-water obligations for third-party financing of lease obligations. This second installment discusses the effect of several other cases on the financing of hell-or-high-water lease obligations and accounts receivable obligations in a decade marked by credit crisis and financial fraud, and provides some practical strategies to assure wary funding sources that hell-or-high-water obligations will remain a viable route for navigating treacherous economic seas.
Taxpayer Suffers SILO (Pre-tax) Loss in Wells Fargo
February 24, 2010
In <i>Wells Fargo & Company v. United States</i>, a court considered for the first time SILOs involving domestic municipal transit agency lessees. While one would have thought that the domestic and federally approved nature of the transactions would have some influence on the decision, they did not.
Going Out on Your Own?
February 24, 2010
The economic turmoil of the past two years has had a dramatic impact on those of us who chose a career in the private practice of law. For many attorneys, these conditions have created an ideal time to strike out on their own and fulfill a dream of becoming a solo practitioner. For others, substantial layoffs at large firms and hiring freezes throughout the legal profession have teamed up to leave them with no other choice but to make a go of hanging out their own shingle.
Microsoft Word 2007 'Track Changes' and 'Compare'
February 24, 2010
With Word 2007, firms now have a viable option to lower their desktop software costs by foregoing the investment in outside the application document comparison products. Word 2007 now provides many features that were either poorly designed or absent in previous versions.
Costly Tenant Leasing Mistakes Can Be Avoided
February 24, 2010
The first part of this article addressed the power of leverage and competition when entering the leasing market. The conclusion herein discusses construction costs and turnkey solutions.
Market Value for Property Tax Purposes in a Recessionary Market
February 24, 2010
A market value analysis for property tax purposes differs significantly from a market value analysis for other business purposes, such as financing or acquisitions. When deciding whether to file a property tax appeal and pursue the negotiation of a settlement and/or trial of your appeal, it is essential to understand this crucial difference in valuation methodology.
The Enigmatic Posse List
January 29, 2010
About eight years ago, Washington, DC, bankruptcy lawyer Greg Bufithis semi-retired and began participating in large document review projects. After a few, he realized that there was no centralized source for temporary attorneys to learn about these opportunities. Ever the entrepreneur, he created one.