PLDO Law Blog

Month: November 2016

New Guidelines for Private Management Contracts

In a move that should help facilitate public-private partnerships ("P3s"), the Internal Revenue Service has issued new 'safe harbor' guidelines for private management contracts involving bond-financed municipal assets. Revenue Procedure 2016-44, issued August 22,...

CONSIDERATIONS FOR NEGOTIATING COMMERCIAL LEASES

While some of the provisions contained in commercial lease agreements may be considered commonplace or “boilerplate” language, there are certain issues that require specific attention, depending upon your position in such transactions as the landlord/lessor or the...

PLANNING FOR THE MORTALITY OF A CLOSELY-HELD BUSINESS

When launching a new business venture, it is likely (and more fun) to focus on strategic planning, growth and implementation. However, it is vital in the early stages to give serious consideration to an exit strategy and business succession plan. Business structures...