Posts Tagged United States

Say “Hola”, “Bon Jour”, and “Ni Hao” to our new real estate investors

We all love living in Florida. The white sandy beaches, diverse culture, active lifestyle and idyllic climate make it the perfect destination to live, work and play. But we’re not the only ones who have found our slice of paradise. The United States, and especially Florida, have seen a boom in real estate sales from foreign investors. This past year, 23% of all real estate sales were from foreigners, according to the National Association of Realtors. The majority of our new neighbors originate from Canada, Europe, South America and China. For Canadian buyers, Miami is among the top 5 markets

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Lawyers should avoid complicity in clients’ questionable practices

In September 2011, US Bankruptcy Judge Michael G. Williamson, in the Middle District of Florida, entered judgment in an action entitled Martinez v. Hutton (Case No. 8.08-MP-00002-MGW), holding a law firm liable as the initial transferee, for the return of fraudulently transferred funds which had passed through the firm’s trust account.In September 2011, US Bankruptcy Judge Michael G. Williamson, in the Middle District of Florida, entered judgment in an action entitled Martinez v. Hutton (Case No. 8.08-MP-00002-MGW), holding a law firm liable as the initial transferee, for the return of fraudulently transferred funds which had passed through the firm’s trust account.

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Corporate Bankruptcies Stick Tax Payers With the Bill

In September Digital Domain Media Group, Inc., the movie production company created by James Cameron filed Chapter 11 Bankruptcy, closing the doors of their Port St. Lucie production studio and laying off 300 Florida employees. Chapter 11 Bankruptcy allows businesses to reorganize under the United States’ Bankruptcy Code.In September Digital Domain Media Group, Inc., the movie production company created by James Cameron filed Chapter 11 Bankruptcy, closing the doors of their Port St. Lucie production studio and laying off 300 Florida employees. Chapter 11 Bankruptcy allows businesses to reorganize under the United States’ Bankruptcy Code.

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