October 18, 2016Seminar

Legal Business Series Library

Past Events

Has the Commercial Real Estate Market Peaked? Top Trends Investors Need to Track for 2017
October 18, 2016
Presented by: Nancy L. Haggerty

Our featured presenter for this program is John Chang, who serves as the First Vice President of Research Services for Marcus & Millichap. Mr. Chang is responsible for the production of the firm’s vast array of commercial real estate research publications, tools, and services. He is a frequent speaker around the country at conferences, corporate events, webcasts, and client engagements. For this program, Mr. Chang will share insights into major economic trends and how they will influence the performance of commercial real estate investments in 2017. Topics will include national and local trends in multifamily, retail/office, and industrial sectors.

The program will also include a preview of significant real estate issues likely to be taken up by the state legislature in the upcoming session presented by State Representative, Scott Allen, Vice-Chair of the Assembly Committee on Housing and Real Estate. Michael Best Partner Nancy Leary Haggerty will follow Representative Allen with a discussion on possible changes to Wisconsin's Tax Incremental Financing Law.

A View from the Trenches: Keys to Avoiding Litigation and Managing Risk on Construction Projects
July 14, 2016
Presented by: Ted A. Wisnefski and Michelle Wagner Ebben

Conflict is inevitable, but combat is optional. Attorneys Ted A. Wisnefski and Michelle Wagner Ebben of Michael Best's Construction and Infrastructure Group will provide owners, contractors, subcontractors and construction professionals with practical tips and advice to reduce the potential for protracted and costly litigation when negotiating, drafting and performing construction contracts. With years of experience representing clients in the construction industry and successfully resolving a broad spectrum of construction disputes, Ted and Michelle will provide you with a map of where the landmines are often buried. 

Click here to view the presentation recording.

Hidden Liabilities in Non-Recourse Loans
May 19, 2016
Presented by: Brent A. Stork and Timothy G. Schally

In this two-part presentation, Attorney Brent A. Stork will first provide an overview of the types of “nonrecourse” or “limited recourse” carve-outs typically included in commercial loan documents, and how lenders, borrowers and guarantors can negotiate these carve-outs in order to avoid unexpected liability, while at the same time achieving the lender’s business objectives.

Next, Attorney Timothy G. Schally will discuss a recent IRS Chief Counsel Memorandum that has created significant concern in the real estate industry. This Memorandum questions whether debt that is otherwise "nonrecourse" is treated as "recourse" solely because of a highly contingent guarantee by a partner. Tim will discuss the Memorandum, its potential ramifications and ways to address it.

Click here to view the presentation recording.

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