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Religious Institutions: Update - November 5, 2009

This update examines the prohibition of religious institutions from engaging in activities that result in inurement of a church's or faith-based organization's income or assets to insiders. A case review includes discussion of an Arkansas case in which an issuance of tax-exempt bonds to a university associated with the Churches of Christ were found not to violate the state constitution, and a Wisconsin Supreme Court case in which it was held that both federal and state free exercise clauses prohibit employment discrimination claims against employees whose positions are "important and closely linked to the religious mission of a religious organization."

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Real Estate: Alert - November 4, 2009

The Interstate Land Sales Full Disclosure Act (ILSA) is not a talisman that transforms a condo purchaser’s “buyer’s remorse” into a legally cognizable defense to a breach of contract claim, or so goes the clear implication of the Eleventh Circuit’s recent unanimous opinion, Stein v. Paradigm Mirasol, LLC. In broad context, the Court's decision is best understood as its attempt to inject some common sense into the two-year completion exemption. The ruling must be welcome news to condo developers because it is likely to dampen – at least temporarily – the recent proliferation of lawsuits from unhappy residential condo purchasers seeking to reverse or escape deals that have proven to be bad financial investments.

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Press Releases

Illinois DCEO General Counsel David D. Streicker Rejoins Holland & Knight's Chicago Office
 
May 19, 2008
 
David D. Streicker- Chicago

CHICAGO – David D. Streicker has rejoined the Chicago office of Holland & Knight as a senior counsel in the firm's Real Estate Section. Streicker returns to Holland & Knight after serving as the General Counsel and Ethics Officer for the Illinois Department of Commerce and Economic Opportunity, the state's primary economic development agency focused on business expansion and the development of Illinois’ energy resources.

"We're very pleased that David has rejoined Holland & Knight," said Steve Elrod, chair of the firm's national Land Use Team. "His extensive experience crosses multiple practice areas and offers our clients another valuable resource to assist them in a variety of energy, environment and land use matters. His experience at the Illinois DCEO will be invaluable to our national clients seeking economic opportunities and entitlements in the state of Illinois"

Streicker is a member of Holland & Knight’s Energy Team, and the national Land Use and Government Practice Team. His practice is primarily focused on complex project finance and development, with a particular emphasis on energy, brownfields and corporate site selection. He advises clients on issues including public sector financial participation, tax credits, government entitlements, public/private partnerships, environmental and natural resources regulation, land use and property rights issues, and Illinois legislative matters, among others. In addition to his project development expertise, Streicker also is an experienced litigator, having tried numerous matters in both state and federal courts, along with administrative hearings, binding arbitrations and mediations.

Streicker is a member of the Global Task Force on Carbon Sequestration at Columbia University's Earth Institute and has been a featured speaker and panelist at numerous conferences on energy-related development.

Contact: Kristin Ricca (813) 769-4335

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