Insights

For owners of limited liability companies (“LLCs”) and partners in partnerships, life in a tax audit will soon change as a result of legislation that was passed at the end of 2015, specifically, Section 1101 of P.L. 114-74. H.R.1314 – Bipartisan Budget Act of 2015 This new…
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Following an unsuccessful Board of Equalization hearing, commercial real estate owners often call upon me to assist them in litigating their real estate assessment appeals before the State Tax Commission.  Before hiring me, however, some owners, fooled by the informalities of their Board of Equalization…
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Justice Antonin Scalia was best known for his scathing opinions, often in cases split along ideological lines.  Even in dissent, he often played integral roles in landmark appeals at the center of nation’s attention, including Obergefell v. Hodges (gay marriage, dissent), District of Columbia v.…
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I met my wife in high school. On our first date, I took her to an X-rated movie. She loved it. So did the Academy of Motion Picture Arts and Sciences, which awarded it the Oscar for Best Picture. And within twelve months, the rating…
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The Eighth Circuit Court of Appeals recently affirmed a District Court’s summary judgment that a party who does not disclose his employment discrimination claims to a bankruptcy trustee is judicially estopped from pursuing those claims. Jones v. Bob Evans Farms, Inc. Jones began working for…
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On December 31, 2015, St. Louis County Ordinance 26,211, the “Residential Rental Property Licensing Code,” (the “Code”) will become effective. Residential Rental Property Licensing Code The Code requires that the owner apply annually for a license, to be approved by the Director of the Department…
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It appears that rule-making agencies are likely to gut a provision from the Dodd-Frank financial overhaul law that requires securitizing lenders to retain at least 5% of the credit risk in all but the safest real estate secured loans. “Great Recession” The FDIC, FRB, SEC,…
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