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New Miami Blog Insights and Commentary on the Gateway City's Expanding Global Significance

Monthly Archives: April 2013

Chapter 11 Filings Decrease in South Florida, Nationally

Chapter 11 filings in the Southern District of Florida continue to trend downward.  Since 2010, annual chapter 11 filings have declined by about 25%.  The decline is consistent with the national bankruptcy experience. Variety of factors contributing to decline in filings To some extent, the current low filing rate is attributable to a robust local economy,… Continue Reading

Supreme Court Ruling Limits Extraterritorial Application of Alien Tort Statute

U.S. companies with, or that were seeking to acquire, foreign operations often fretted over the possibility that plaintiffs in the foreign jurisdiction would seek to invoke the Alien Tort Statute (“ATS”), 28 U.S.C. § 1350, and commence actions in the U.S. in an attempt to seek redress for egregious conduct (violations of the “laws of… Continue Reading

Proposed Florida Public-Private Partnerships Law Continues to Move Through Legislature

We recently wrote about the Florida House and Senate bills regarding public-private partnerships that are currently under consideration.  As a brief update, House Bill 85 was approved on Tuesday by the House Appropriations Committee.  It is next scheduled to be considered by the State Affairs Committee, and from there, it could be considered for adoption… Continue Reading

Miami-Dade County Road Impact Fees to Increase 30% on April 22, 2013

Understanding the current fees Miami-Dade County imposes road impact fees on new developments in both unincorporated and incorporated areas of the County, subject to any applicable exemptions or credits, which may reduce or eliminate the fee due. Road impact fees must be paid prior to obtaining a building permit for new construction and are often… Continue Reading

Expatriation Lite: Leaving the U.S. Tax System While Retaining Your Citizenship

As many Miami residents who earn income abroad may be aware, the United States is one of only two countries in the world that taxes its citizens and residents (collectively, “U.S. taxpayers”) on their worldwide income.  Therefore, a U.S. taxpayer that earns only foreign source income will be subject to U.S. federal income tax on… Continue Reading

Federal Aviation Administration to Propose Height Regulations

As development in Miami’s core returns, many developers are concerned with what appears to be a review by the Federal Aviation Administration (FAA) height regulations, which could impose restrictions to the maximum allowable heights.   However, the FAA is not being clear on what exactly its intended revisions to the regulations may be, causing additional angst… Continue Reading

New Federal and State Programs Will Boost Public-Private Partnership Development

President Obama Emphasizes the Value of Public-Private Partnerships Last Friday, President Obama visited Miami and, speaking at the Port of Miami, detailed his proposals for increased public-infrastructure spending through public-private partnerships.  Although the President envisions traditional financing approaches for certain projects, he continues to emphasize the importance of P3s to rebuild our aging infrastructure and… Continue Reading

Miami’s Commercial Real Estate Women Are Driving the Deals

Margaret Nee serves as the 2013 CREW-Miami President and is Vice President of Development at Pointe Group Advisors based in Coconut Grove, Florida. While many studies continue to indicate that parity gaps still exist between men and women in the commercial real estate industry – primarily in terms of salaries and the levels of positions… Continue Reading