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Securities & Financial News to Note : Bulletin - February 6, 2012

This bulletin is published every other week on Monday and is disseminated via electronic mail. It features brief summaries of current legal developments in the SEC/corporate, accounting/tax, banking, litigation, as well as other business and financial service areas when appropriate.

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Construction: Alert - January 30, 2012

For almost 50 years, lessors have had the ability to limit their liability for liens that arose from improvements to the leasehold made by a lessee. However, in the most recent legislative session, the Florida Legislature enacted revisions to Florida Statute ยง 713.10 that provide a potential pitfall for lessors by inserting a provision that may allow a contractor to lien the lessor's interest even where there is a recorded document advising of the limitation of liens.

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Press Releases

Holland & Knight Expands South Florida Securities and M&A Practice With the Addition of Three New Partners
 
January 8, 2007
 
Laurie L. Green- Ft Lauderdale

MIAMI – Holland & Knight LLP announced today that the firm has significantly expanded its Securities and M&A practices in South Florida with the addition of a group of three partners, Kara L. MacCullough, Laurie Green and Esther L. Moreno. All were formerly shareholders at Akerman Senterfitt, where MacCullough chaired that firm's Securities practice group.

"These three new partners, with their established reputations in Florida and their significant experience representing public companies, are important additions to our domestic and international capital markets and mergers and acquisition practices," said Miami-based partner Steven Sonberg, chair of the firm's 380-lawyer Business Law Section. "This group, together with three Miami lateral hires into our South Florida business practice late last year, reflects our emphasis on investing in the Florida markets that we serve through high quality lateral recruiting."

MacCullough and Moreno focus their practice in the areas of securities, mergers and acquisitions and international corporate transactions. During the past three years, they have represented public companies in connection with equity and debt offerings and debt tender offers in excess of $3.5 billion. MacCullough and Moreno also represent public companies in connection with mergers and acquisitions, including recently serving as lead counsel for SBA Communications Corporation's $1.1 billion acquisition of AAT Communications Corp.

Green brings unique experience and perspective having worked in the Division of Corporation Finance at the Securities and Exchange Commission for 11 years prior to entering private practice. She last served the SEC as Special Counsel in the Office of Mergers and Acquisitions. "Laurie will play a prominent role among the firm's securities lawyers," said Bob Grammig, head of the firm's Public Companies and Securities practice group. "At Holland & Knight she will now be able to leverage her reputation and unique experience on a national platform."

These partner additions follow another successful year for Holland & Knight's corporate transactions practice. During 2006, the firm signed or closed more than $12 billion in transactions. MacCullough, Green and Moreno will add to this success as they have served as lead counsel on a number of high profile transactions.

"We are very excited about the opportunity to join Holland & Knight's dynamic public companies practice," said MacCullough. "Their presence in Florida and their national platform offer significant opportunities for us to expand our practices and provide exceptional service to our clients."

Holland & Knight has more than 380 lawyers in its national business practice, making it one of the largest groups in the country.

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