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Third-Party Leases

Gray Reed

Suit Over a Sand Pit Spawns Citizens Participation Act Claim

Gray Reed on

Ark Sand Co., Inc. v. Bradley Demolition & Constr., LLC, et al has the appearance of a Hatfield and McCoy-grade grudge match. As often happens when litigation gets personal, the Texas Citizens Participation Act was invoked....more

Foster Garvey PC

The Seventh Circuit Affirmed the U.S. Tax Court in Exelon Corporation v. Commissioner – Having Expert Tax Advisors on Your Team...

Foster Garvey PC on

In Exelon, the Seventh Circuit held that exchanges by Exelon Corporation (“Taxpayer”) of nuclear power plants for long-term leasehold interests in power plants located in other states were not exchanges qualifying for...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Landfill Lease Agreement: New Jersey Appellate Court Addresses Indemnity Provision

The Superior Court of New Jersey, Appellate Division (“Court”) addressed in a July 26th opinion the Town of Kearny, New Jersey’s claim for contractual indemnification against The New Jersey Sports and Exposition Authority...more

Bradley Arant Boult Cummings LLP

Circuit Court Rules that State-Local Disconformity Cannot Benefit a Local Government

As with many states, Alabama provides an exemption from its sales and use tax if tangible personal property is purchased for the purpose of leasing or renting it to a third party. Alabama Code sections 40-23-1 and 40-23-63(4)...more

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