Resources

Hurricane Ida: Recovering Business Losses

In the wake of Hurricane Ida, businesses should look to their insurance policies to find coverage, whether for property damage, business interruption losses, or other covered losses. Fishman Haygood’s team of experienced insurance coverage attorneys successfully litigated many substantial property damage, business interruption, and other claims in the aftermath of Hurricane Katrina and other events.

Excessive Market Losses May Have Been Preventable

Because the overall market has performed well over the past several years, a great deal of investor losses and broker misconduct has gone undetected.  COVID-19 may have brought that misconduct to light.

Gershanik Discusses Securities Law and Opportunity Zones

As more investors eye lucrative investment opportunities in Qualified Opportunity Zones, the SEC and state regulators will be monitoring securities activities associated with the program, according to Fishman Haygood Partner Maureen Gershanik.

CDFI Fund Opens 2019 NMTC Application Round

The Community Development Financial Institutions (CDFI) Fund today announced the opening of the calendar year 2019 allocation round of the federal new markets tax credit (NMTC). Applications are due October 28, 2019.

Opportunity Zones Tax Incentives: Deferral and Development

The Opportunity Zones (“OZ”) tax incentive allows taxpayers to defer until 2026 taxes on capital gains if those profits are reinvested in opportunity funds–which are equity funds that invest in businesses in opportunity zones.

Economic Development Districts = Tax Dollars to Developers

Real Estate Developers in Louisiana can receive tax dollars to enhance projects through Economic Development Districts (EDDs).  EDDS are strictly defined geographic areas that are authorized and created by ordinance of the city or parish where they are located.