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Tag Archives: law

LAW ELEVATED — Trends driving real estate development in 2016: millennials, 18-hour cities, investment capital

law

From interest rates to investment returns, numbers remain an important tool for planning and predicting in the real estate world. Three key numbers highlight and explain some important current trends shaping the commercial real estate markets – 80 (as in $80 million), 18 (as in 18 hours) and two (as in two sources of investment capital). For decades, baby boomers ...

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Center for Justice suit claims Ridgeland seeks to cleanse SE Ridgeland of minorities

The Van Mark Apartments in Ridgeland.

By TED CARTER The Mississippi Center for Justice, a public interest law organization, has added a 38-page lawsuit to a stack of suits against the City of Ridgeland over a 2014 zoning ordinance that targets multi-family rental complexes. Joined by multi-state private law firm Venable LLP, the Center filed suit Friday in federal court in Jackson alleging that Ridgeland violated the ...

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Lamar to become third state Supreme Court justice to depart

law

JACKSON — A third justice is leaving the Mississippi Supreme Court, continuing turnover on the nine-member body. Justice Ann H. Lamar of Senatobia says she’ll retire at the end of her current term in December. Unlike two other justices, the 63-year-old will not resign early, meaning Gov. Phil Bryant won’t name a replacement. Voters in the state’s Northern District will ...

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ED WILMESHERR — Life in the post-subprime mortgage era 

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Banks in general, and community banks in particular, have experienced eight years of challenges, beginning with the first days of the great recession in 2007. The years 2007 and 2008 were a time of liquidity crisis and fallout from the housing bubble and the so-called subprime mortgage crisis. Bank regulatory agencies imposed extraordinary scrutiny upon banks, their loan portfolios, their ...

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Tax-deduction extensions a relief for firms

taxes

By BECKY GILLETTE  Small businesses went through most of 2015 without knowing whether business tax provisions would be extended – allowing bonus depreciation which lets businesses deduct up to half the cost of eligible equipment placed in service in 2015, and Section 179 expensing that allows the expense of up to $500,000 of eligible equipment placed in service in 2015. ...

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Fast-growing field of compliance officers can fix problems, prevent fraud

Buying freedom

By LISA MONTI  If you don’t know what a compliance officer does, don’t be too hard on yourself. The job has been around a relatively short time so it isn’t that well known, but its ranks are growing. Roy Snell, CEO of the Society of Corporate Compliance & Ethics, a non-profit professional membership organization, said the corporate compliance officer’s role ...

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Supreme Court justice David Chandler steps down to run foster care system

law

Associate State Supreme Court Justice David Chandler is stepping down from the bench to take over Mississippi’s troubled foster care system. The announcement, effectively immediately, was made Monday by Gov. Phil Bryant. Bryant says Chandler and the Division of Family and Children’s Services will report directly to him, instead of to Department of Human Services Executive Director Rickey Berry. The ...

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Law firm rankings are abundant, but not created equal

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By BECKY GILLETTE If you think football is competitive, try the field of law, where a lot can be at stake in legal actions that can have far-ranging economic impacts. But unlike the end of a football game when a winner is declared, it often isn’t so easy to judge the effectiveness of attorneys. But there certainly is no shortage ...

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Selling your business? check ramifications of tax laws before sale

News

By LISA MONTI Owners thinking about selling their businesses should consider taxes well before the deal is done, say attorneys who specialize in the process. “Generally, the first thing that an owner contemplating the sale of his business would want to do is to meet with his or her competent business and tax adviser to discuss goals and structuring alternatives. Early ...

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Court delays Saltillo bank robbery trial

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ABERDEEN — A 57-year-old Saltillo man will have a couple of more months to prepare for his federal bank robbery trial. The Northeast Mississippi Daily Journal reports Chris Cosner was scheduled to go to trial Nov. 30 in U.S. District Court in Aberdeen for the robbery of First American Bank in Saltillo. This week, the court granted a continuance, delaying ...

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