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CLIENT ALERT: Deadline for Filing Your 2009 FBAR is June 30, 2010

CLIENT ALERT: Deadline for Filing Your 2009 FBAR is June 30, 2010 Report of Foreign Bank and Financial Accounts (FBAR) deadline applies also to those participating in the Offshore Voluntary Disclosure program June 30, 2010 is the deadline for filing Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts, to report interests in […]

Special Assets Workout: The Psychology of a Workout

There is so much more to a workout than just drafting legal documents. My partner, Barry Freeman, recently published an outstanding article about the psychology of a workout in the esteemed Daily Journal. He describes the importance of understanding a borrower’s perspective, who is likely to be in denial and frustrated about the problems his […]

Daily Journal: Thoughts on the Psychology of a Workout (2010)

Thoughts on the Psychology of a Workout Reprinted with the permission of Daily Journal Corp. (2010) The psychological interplay between debtor and creditor in a workout of a classified or defaulting loan frequently involves many issues that go beyond the “law” and the language of loan documents. There may well be significantly conflicting emotional pressures […]

Land Use Affordable Housing Mandates Must Comply with State Law

Affordable Housing Mandates Must Comply with State Law Two recent court decisions have materially changed the affordable housing game as it’s been played by local governments throughout California. In Palmer/Sixth Street Properties, L.P. et al. v. City of Los Angeles (a case in which JMBM represented the developer at all the administrative hearings), the California […]

Land Use UPDATE: Hollywood Hotel Receives L.A. City Council Approval

UPDATE: Hollywood Hotel Receives L.A. City Council Approval As reported in our last edition of “Development Rights,” JMBM land use attorney Sheri Bonstelle represented client Jeffrey Records, chairman and CEO of Mid First Bank, in gaining approval from the Los Angeles City Planning Commission for a new luxury boutique hotel in the historic Security Pacific […]