Co-Op

News & Analysis as of

Co-Op Bank Subject to Enforcement Investigation by the UK PRA and FCA

On January 6, The UK Regulator, the Prudential Regulation Authority (PRA) published a press release confirming its intention to undertake an enforcement investigation into the Co-Op Bank. The UK’s other regulator, the...more

Smoking is not Nuisance Per Se Schuman v. Greenbelt Homes, Inc., 212 Md. App. 451 (2013)

Maryland courts have weighed in on an issue of growing importance in residential communities: smoking. In its recent ruling, the Court of Special Appeals of Maryland upheld the ruling of the Circuit Court for Prince George's...more

Court Rejects Marijuana Retail Sale Defense: Medical Marijuana Program and Compassionate Use Act Ban Sales for Profit

A California appellate court recently held that neither the Compassionate Use Act (CUA) nor the Medical Marijuana Program Act (MMPA) allows the sale of marijuana for profit and provided clarification on how to determine...more

2013 Legislative Changes Affecting Condominiums, Homeowners Associations, Cooperatives And Timeshares

The 2013 Florida Legislature was very busy passing new legislation related to the operation and development of condominiums, homeowners associations, cooperatives and timeshares....more

BB&K Police Bulletin: Medical Marijuana Defense - No Compassionate Use Defense for “Co-Op” Selling Marijuana for Profit

Overview: A California appellate court recently rejected the compassionate use defense invoked by three California growers claiming to operate a medical marijuana collective serving 1,700 members. ...more

High Net Worth Family Tax Report, Vol. 8, No. 2 -- May 2013

President’s fiscal year 2014 budget contains numerous tax provisions - President Barack Obama released his proposed budget for the government’s fiscal year 2014 on April 10, 2013, and, not surprisingly, the budget...more

Healthcare Provisions In The American Taxpayer Relief Act - The Good, The Bad And The Ugly

In late night action on December 31, 2012, the American Taxpayer Relief Act of 2012 (ATRA) was passed by the Senate and finalized days later by Congress and the President with a set of tax and spending policy provisions...more

Health Care Reform Implementation Update - January 14, 2013

The Obama administration gave eight more states conditional approval to operate health insurance exchanges, bringing the total number of fully or partially approved exchanges to 20; HHS approved 106 new accountable care...more

Fiscal Cliff Deal and Healthcare: 3-Point Bulletin

On January 1, President Obama signed the American Taxpayer Relief Act of 2012 into law to prevent the country from going over the proverbial “fiscal cliff.” The fiscal cliff deal prevents the scheduled 26.5% cut in...more

The American Taxpayer Relief Act of 2012: Stealth Impact on Charities

The American Taxpayer Relief Act of 2012 (“TRA”) (H.R. 8) passed by the Senate on January 1, 2013, passed by the House of Representatives early on January 2, 2013 and signed by President Obama, in large part addresses income...more

Renewable Energy Co-Operatives - Open for Business?

The FIT Rules provide that project proponents have a certain amount of time to build their projects to validate their contracts. There are also key milestones that must be met at various points during project development. In...more

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