Windstream Holdings, Inc. recently announced plans to spin off its copper, fiber and other fixed real estate assets into an independent publicly traded real estate investment trust (REIT). Windstream received a private letter...more
Stock Market Commentary -
Global equity markets gained higher ground in the second quarter with volatility falling to levels not seen since 2007. The S&P 500 delivered a 5.2% return for the quarter and has now...more
The IRS has opened the door a crack for real estate investment trusts (REITs) to be the lessors of wind projects.
To qualify as a REIT, a corporation must satisfy a series of complicated tests that require the...more
On March 31, 2014, New York State Governor Andrew Cuomo signed into law the 2014-2015 New York State Budget (Budget), which results in the most significant overhaul of New York’s franchise tax in decades. The Budget brings...more
In March 2014, the Financial Industry Regulatory Authority (FINRA) fined a broker-dealer $950,000 for supervisory deficiencies related to its failure to adequately supervise the sale of “alternative investments.” These...more
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