Posted in Construction, Public-Private Partnerships There are currently a lot of construction hats at Miami-area transportation facilities. The Miami International Airport has recently opened its newly constructed North Terminal and new MIA Mover people mover system, and construction is underway of the Miami Intermodal Center, a massive ground transportation hub connecting the airport to Metrorail, Metrobus, rental cars, etc. Not… Continue Reading
A recent article in the Daily Business Review by CREW-Miami (Commercial Real Estate Women) president Maria Juncadella highlights the strides that women have made in the commercial real estate industry, a sector that was traditionally dominated by men. For instance, Maria points out that women are entering commercial real estate at a faster pace than they were five years ago… Continue Reading
Downtown Miami is well served by high end hotels like the Four Seasons, the Conrad and the JW Marriott. What the downtown area currently lacks are medium-tier urban-concept hotels which can provide the amenities business travelers need without the high prices of a five-star hotel. Enter two new exciting projects to fill the void for… Continue Reading
Posted in Litigation & Arbitration On September 19, 2012, the Third District Court of Appeals decided that a first party plaintiff could not prosecute a claim against a third party defendant in Brady v. P3 Group (LLC) and Hypower, Inc. The Facts In Brady, a non-lawyer Charles Brady used his step-father’s law clients to perpetuate a fraud by making misrepresentations… Continue Reading
Already a well-established center for commerce and finance involving Latin America, South Florida’s profile as an international arbitration center for commercial disputes involving Latin America has been on a spectacular uptrend. While the range and extent of advantages to conducting international arbitrations in South Florida involving companies from around the globe are vast, the following… Continue Reading
The City of Miami is pushing for job creation and economic development through the establishment of an EB-5 immigrant investor regional center. The EB-5 program, initially created in 1990 by Congress, allows for foreign investors to invest and subsequently obtain an EB-5 visa. The visa grants 2 year resident status to qualifying investors and their… Continue Reading
Study Indicates Economic downturn more detrimental than 9/11 The economic downturn– which peaked on September 15, 2008 with the bankruptcy filing by Lehman Brothers– touched every corner of our world in unique and significant ways, including South Florida’s hospitality and tourism industry. Remarkably, studies are now revealing that the effect of Lehman’s collapse on South… Continue Reading
On Thursday, the Federal Reserve Bank of Atlanta reported on the comeback of the construction crane in downtown Miami, touting it as a harbinger of good things to come in the South Florida condominium market. As reported in the Atlanta Fed’s EconSouth, during the peak of the South Florida construction boom, more than 140 cranes… Continue Reading
Posted in Foreign Investment & Tax, Trade Income Tax Treaty Only Third Signed with Latin American Jurisdiction Since the U.S.-Chile Free Trade Agreement came into force in 2004, bilateral trade between these two countries has more than doubled. In fact, according to the Chilean Foreign Investment Committee, the United States is Chile’s second largest goods trading partner overall, and the largest foreign investor in… Continue Reading
Posted in Finance & Investment Each year, tens of billions of dollars in remittances are sent abroad by immigrants in the United States. Money transfers to Mexico alone, for example, were an estimated $24 billion in 2011, according to the World Bank. Beginning in January 2013, the Consumer Financial Protection Bureau, as directed by the Dodd-Frank Act, will implement new… Continue Reading
