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1031 exchanges of investment property recent cases

Manatt Phelps & Phillips LLP
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USA
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March 27 2013

Many property owners are aware that one can sell investment property, at a profit, and reinvest the sales proceeds in replacement investment property

CEQA remedies clarified

Manatt Phelps & Phillips LLP
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USA
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November 2 2012

Like death and taxes, litigation under the California Environmental Quality Act (CEQA) is often an inevitable result of developing property in California

The continued wind down of redevelopment: two key opportunities for public-private partnerships

Manatt Phelps & Phillips LLP
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USA
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August 15 2012

As we previously reported, the Redevelopment Dissolution Act (AB x1 26) dissolved all California redevelopment agencies as of February 1, 2012, and provided a complex scheme to wind down the affairs of the dissolved redevelopment agencies

Changes to California mechanics’ lien laws effective July 1 are you ready?

Manatt Phelps & Phillips LLP
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USA
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July 2 2012

On July 1, 2012, pursuant to Senate Bill No. 189, all of California’s laws regarding mechanics’ liens, stop notices and payment bonds were revised, renumbered, supplemented andor replaced

Affordable housing project found to be subject to prevailing wages

Manatt Phelps & Phillips LLP
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USA
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June 20 2012

In a decision filed on June 15, 2012, the Fourth Appellate Court of Appeal determined that an affordable housing project in San Bernardino was subject to the requirement for the payment of prevailing wages under Labor Code Section 1720 notwithstanding the fact that the individual sources of funds for the project would have otherwise fallen within the statutory exception to the prevailing wage requirements

Redevelopment updatebudget trailer bill targets the wind-down of California’s redevelopment agencies

Manatt Phelps & Phillips LLP
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USA
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May 21 2012

Last week the California Department of Finance released the trailer bill language for this year’s Governor’s proposed budget

Family limited partnerships: still a useful estate planning tool

Manatt Phelps & Phillips LLP
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USA
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April 26 2012

In previous newsletters, we have discussed the benefits associated with family limited partnerships (see Planning to Pass the Baton: Family Wealth Transfers, September 2011

City of Los Angeles - planning and zoning update

Manatt Phelps & Phillips LLP
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USA
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April 17 2012

As part of the City of Los Angeles’ comprehensive effort to revise its Planning and Zoning Code, which has not been done since 1946, and to streamline the development process to make it more clear, the City recently approved two significant ordinances

A new case interpreting limited recourse guarantees; this time with a different result

Manatt Phelps & Phillips LLP
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USA
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April 11 2012

Lender made a $44,000,000 loan to Borrower

Redevelopment update: new legislation and designation of successor agencies

Manatt Phelps & Phillips LLP
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USA
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January 18 2012

Despite the launch of two billsone that would delay the effective dissolution date of redevelopment agencies (RDAs) across the state and another that would allow cities to retain affordable housing fundscities are scrambling to meet the February 1 court-ordered deadline to shut down their RDAs

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