The United States Supreme Court recently resolved a circuit split in City of Chicago, Illinois v. Fulton, __ U.S. __, 141 S. Ct. 585 (2021) and determined that a creditor does not violate the automatic stay under section 362(a)(3) of the bankruptcy code if ...Read More
With a view towards closing a deal, legal due diligence occurs when a business attorney collects and analyzes information from a legal perspective and then makes recommendations regarding any action that should be taken.
This typically occurs during the period between signing the transaction (e.g. ...Read More
Section 1031 Like Kind Exchanges are named for Section 1031 of the Internal Revenue Code. Section 1031 states: “No gain or loss shall be recognized on the exchange of property held for productive use in a trade or business or for investment if such ...Read More
Minnesota’s Riparian Protection and Water Quality Practices law, the so-called buffer law, was enacted in June 2015. Affecting an estimated 110,000 acres of land, much of it farmland, the law represents one of the most sweeping environmental regulations directly affecting Minnesota’s farmers.
The law requires ...Read More
Commercial real estate investments have long been attractive to investors in Minnesota and around the country. Historically, only a very limited subset of the population was actually able to invest in commercial real estate because of the large buy-ins required to do so.
In 2012, ...Read More
Minnesotans who either are thinking about selling commercial real estate or investing in it might be interested in learning about Morgan Stanley's prediction for U.S. prices in 2016. According to the company, it believes that commercial real estate prices will stay flat, experiencing no ...Read More