Articles

The CTA Filing Deadline is Approaching. Is Your BOIR Filed Yet?

Ling Kong Ling Kong from  Goulston & Storrs  on 

The clock is ticking—just 49 days remain until the one-year filing deadline for the Corporate Transparency Act! Entities established before January 1, 2024, must submit a beneficial owner information report by December 31, 2024.

Mitigate Risks Of Lender Liability Claims When Reworking Troubled CRE Loans

Charles Jacob Charles Jacob from  Goulston & Storrs  on 

I recently had the opportunity to present during a Strafford CLE webinar on strategies for mitigating the risks of lender liability claims when reworking troubled commercial real estate loans.

Further Updates To The Massachusetts Estate Tax

Kerry Spindler Kerry Spindler from  Goulston & Storrs  on 

Now that we have had a year of working under the new law and with the Massachusetts Department of Revenue—and a clarification from the Legislature—here are some key concepts to know about the Massachusetts estate tax.

What Should You Know When Inheriting Taiwanese Estate with A Will?

Hung Ou Yang Hung Ou Yang from  Brain Trust International Law Firm  on 

For Taiwanese people who are living abroad, they always have a big concern about what national law should be applied for making a valid will to distribute their Taiwanese estate.

Proposed Action Plan for Article 80 Modernization

Matthew Kiefer Matthew Kiefer from  Goulston & Storrs  on 

After an 18-month study process, the Boston Planning Department has released an Action Plan proposing strategies to modernize Boston’s development review process.

Different Sectors, Same Page

George Evans George W. Evans from  Goulston & Storrs  on 

I recently attended the IMN Distressed CRE Forum in New York. It was also striking to note how similarly everyone views the current challenges and opportunities around distressed commercial real estate.

Reminder To Draft Purchase And Sale Agreements With Care

Mariana Korsunsky Mariana Korsunsky from  Goulston & Storrs  on 

After executing a purchase and sale agreement for the entire property, the parties agreed to split the transaction into two staggered sales, reduce the purchase price, and include an earnout provision in connection with potential future development.

Lender Liability Claim Results in Sanctions Against Borrower’s Counsel

Jaclyn Grodin Jaclyn Grodin from  Goulston & Storrs  on 

A creative attempt by a borrower to forestall foreclosure and recover damages against its lender ended badly for the borrower, with the borrower and its counsel being sanctioned.

Navigating Lender Liability Complexities & Minimizing Risk

Douglas Rosner Douglas Rosner from  Goulston & Storrs  on 

As lenders and borrowers try to get creative in working through ongoing distress in the real estate market, especially in certain asset classes, it is crucial for lenders to understand the nuances of lender liability claims.

Commercial Real Estate Note Purchases: Lender’s Loss, Investor’s Gain

Jonathan Stein Jonathan Stein from  Goulston & Storrs  on 

More than two years have passed since the Federal Reserve seismically shifted its fiscal policy and began hiking interest rates.

D.C. FY25 Budget Expands CRE Revitalization Initiatives

Lawrence Ferris Lawrence Ferris from  Goulston & Storrs  on 

The 2025 budget includes the “Central Washington Activation Conversion Program Amendment Act of 2024,” a new property tax freeze to help further commercial real estate initiatives in the City core.

Lions and Turtles and Bearded Dragons, Oh My!

Mariana Korsunsky Mariana Korsunsky from  Goulston & Storrs  on 

In Fleming, the Massachusetts Appeals Court grappled with some scaley zoning issues arising out of personal ownership of 460 reptiles.

"You Are A New Yorker The First Time You Say, '"That Used To Be…'"

Hara Perkins Hara Perkins from  Goulston & Storrs  on 

According to one of my favorite novelists, Colson Whitehead, “No matter how long you have been here, you are a New Yorker the first time you say, 'That used to be Munsey's' or ‘That used to be the Tic Toc Lounge.’” 

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