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Chambers USA Lists Holland & Knight Among Nation’s Top Law Firms, Earning Top Spots in Multiple Practice Areas and Markets

More than 100 Holland & Knight attorneys named America’s Leading Lawyers in 2009 Chambers USA Guide.

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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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Articles & White Papers

The Tax Rules Just Changed: Emotions Aside, Does Expatriating Make Financial Sense?
 

Journal of Taxation

August 1, 2008
 
Kevin E. Packman- Miami

Kevin E. Packman is a senior associate with Holland & Knight. His practice focuses on estate and gift tax planning for domestic and international clients as well as on pre-immigration planning for international clients. Mr. Packman's article discusses the Heroes Earnings Assistance and Relief Tax Act of 2008 (the "HEART Legislation") that was signed by President Bush on June 17, 2008. Buried in the Heart Legislation was a provision dealing with expatriation, which imposes an exit tax on persons leaving the US, and a gift or estate tax on US recipients of property from an expatriate. This article discusses the new provisions and contrasts them with the prior legislation.

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