View Recent Blog Posts in Commercial and Industrial Real Estate

  • Landlord and Tenant Rights and Obligations in Light of Louisiana Flooding By Elisabeth Q. Prescott The recent flooding of the Baton Rouge and surrounding communities has ravaged property, devastated lives, and impacted businesses.  Much of the legal discussion surrounding the flooding in Louisiana will inevitably involve the ins and outs of flood insurance and FEMA assistance.  However, there are other legal implications of the floods that [...] Continue Reading... ....
  • Louisiana Appeals Court Acknowledges Preemption of State Law Over Parish Zoning Ordinances in Fracking Fight By Tod J. Everage Since the announcement by Helis Oil & Gas that it intended to introduce hydraulic fracturing (“fracking”) to St. Tammany Parish, the local response has been vitriolic to stay the least – from public protests and interstate billboards to lawsuits. In fact, according to DNR officials, the large public hearing on Helis’ [...] Continue Reading... ....
  • Low Energy Prices, Low Interest Rates, Rise in Federal Estate Tax Make Estate Freeze Transactions Attractive By Kyle C. McInnis The recent downturn in energy prices has given consumers a welcomed break at the gasoline pump. The people producing the energy, however, from landowners, to oil companies, to oil field service providers, have felt the full negative effects of the steep price decline. Those producers are seeing price pressure at every [...] Continue Reading... ....
  • What Do Drones, the U.S. Open, September 11, and the National Association of Realtors Have in Common? By Elisabeth Q. Prescott This year’s U.S. Open has brought its fair share of excitement on the court.  The sport’s beloved Serena Williams, who was just two matches away from being only the fourth female to complete a calendar grand slam, was eliminated by an unranked Italian player, and an potential showdown between tennis’ rock stars Novak Djokovic [...] Continue Reading... ....
  • Louisiana Business Corporation Act (LBCA) Replaces Louisiana Business Corporation Law By Matthew C. Meiners Effective January 1, 2015, the Louisiana Business Corporation Law was replaced in its entirety by the new Louisiana Business Corporation Act (LBCA).  Here are some of the highlights of the changes effected by the LBCA: New Remedy for Oppressed Shareholders – Buyout. If a corporation engages in oppression of a shareholder, [...] Continue Reading... ....
  • Is it Time for Your Business to Have a Check-Up? By Sonny Chastain We have become accustomed to having regular check-ups with our doctors. The doctor will analyze our current physical condition, including heart rate, blood pressure, cholesterol level, lung condition or otherwise. The doctor may order a treadmill test or a screening for a particular function. The doctor will also compare current test results [...] Continue Reading... ....
  • Act 281: Louisiana’s Overhaul of the Civil Code Articles on Security, Pledge and Recordation By Allison Lewis Reeves On the recommendation of the Louisiana Law Institute, the Louisiana Legislature passed Act 281 (the “Act”). The Act concerns amendments to the Louisiana Civil Code relative to security, pledge and recordation. Civil Code art. 3133 et seq. concerning pledge have been deleted in their entirety and replaced with general articles on [...] Continue Reading... ....
  • Five Tips for Attorney-Volunteers Helping Non-Profits, Churches, and Synagogues in the Purchase or Sale of Real Estate By Allison L. Reeves We’ve all been there. You sit on the Board of a local non-profit organization as the token lawyer. Or, you volunteered to assist with your house of worship’s finance committee because you have some practice experience with banks. Inevitably the scenario comes up: “You’re a lawyer. Will you help us buy [...] Continue Reading... ....
  • Final Targeted Populations Rule Released By Angela W. Adolph The American Jobs Creation Act of 2004 amended the New Markets Tax Credit program (“NMTC”) to provide that certain targeted populations may be treated as low-income communities. The Internal Revenue Service provided some guidance on the topic in Notice 2006-60 and in proposed regulations that were issued in 2008. Following a [...] Continue Reading... ....
  • Louisiana Approved for SSBCI Funding By Angela W. Adolph Last week, the United States Department of the Treasury announced the approval of applications from Louisiana and a handful of other states for State Small Business Credit Initiative (“SSBCI”) funding. The SSBCI is an important component of the Small Business Jobs Act (“the Act”) that was signed into law last fall. [...] Continue Reading... ....