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New Business Planning Opportunities Under the 2017 Tax Act

New Business Planning Opportunities Under the 2017 Tax ActNew Business Planning Opportunities Under the 2017 Tax ActAttention Business Owners: There are New Business Planning Opportunities Under the 2017 Tax Act

The 2017 Tax Cuts and Jobs Act (the “Act”) creates a new income tax deduction for individuals, trusts and estates that own pass-through businesses.

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Wealth Preservation & Transfer Planning Newsletter – Q1 2018

Wealth Preservation & Transfer Planning Newsletter - Q1 2018Welcome to the Coats Rose Wealth Presentation & Transfer Planning Newsletter, a resource for timely legal analysis of issues affecting personal wealth, estates and financial preservation. Our Wealth Preservation and Wealth Transfer Planning attorneys assist clients in planning and protecting their futures through designing trust and estate planning and administration strategies that are responsive to our clients’ needs, whatever their financial status.

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Aderholt Pens Construction Law Journal Article, “Most Circuits View MacEvoy Rule as Harsh,” Published by the State Bar of Texas Construction Law Section

Aderholt Pens Construction Law Journal Article, "Most Circuits View MacEvoy Rule as Harsh," Published by the State Bar of Texas Construction Law SectionCoats Rose of counsel Ben Aderholt authored the article “Most Circuit Courts View MacEvoy Rule as Harsh” published in the current issue of the Construction Law Journal, published by the State Bar of Texas Construction Law Section.

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Kelly Longwell Provides Insight on Disaster Recovery in the Affordable Housing Industry in the Wake of Hurricanes Harvey, Maria and Irma

Kelly Longwell Provides Insight on Disaster Recovery in the Affordable Housing Industry in the Wake of Hurricanes Harvey, Maria and IrmaCoats Rose Director A. Kelton “Kelly” Longwell provided insight on disaster recovery in the affordable housing industry in the wake of Hurricanes Harvey, Maria and Irma at the Novogradac 2017 Credit and Bond Financing for Affordable Housing Conference in New Orleans in October 2017.

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Aderholt Contributes “Construction Law” Summary to Article on The 85th Session Published by the Texas Bar Journal

Aderholt Contributes "Construction Law" Summary to Article on The 85th Session Published by the Texas Bar JournalCoats Rose of counsel Ben Aderholt contributed to the “The 85th Session” article published in the September 2017 issue of the Texas Bar Journal by authoring the section titled, “Construction Law.”  To read the article, click here.

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Love Thy Neighbor: Negotiating Co-Tenancy Provisions in an Evolving Retail Landscape

Stephanie Lucas Harrison presented “Love Thy Neighbor: Negotiating Co-Tenancy Provisions in an Evolving Retail Landscape,” at the 29th Annual Spring Symposia for the American Bar Association Real Property, Trust & Estate Law CLE Programs on April 21, 2017.  The presentation considered how co-tendancy lease provisions are evolving as retail developments are changing.

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The First Thing We Do, Let’s Kill All The Lawyers

The First Thing We Do, Let’s Kill All The LawyersCoats Rose Director, Elizabeth Haecker Ryan, recently contributed to an article regarding how artificial intelligence is significantly impacting the future of the practice of law. Read on to learn how these changes may directly impact your practice.

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Posted in Front, Publications and Alerts

The Economic Loss Doctrine as an Obstacle to Claims of Contractual Strangers

reed-rickRichard L. Reed (and Richard L. Reed, Jr.)

The article was first published in the St. Mary’s Law Journal (Vol, 46:3)

The most basic underlying purpose of the economic loss doctrine (or “economic loss rule”) is to separate the application of tort law and contract law.

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Fair Housing Desegregation Policy: Recent Developments and Proposed Site Selection Safe Harbors

By Scott A. Marks

The U.S. Department of Housing & Urban Development (HUD) recently sharpened an old tool, the Fair Housing Act, to address modern racial concentrations in housing.1 The new discriminatory effects fair housing rule extends, for example, to any practice that has the effect of reinforcing or increasing segregated housing patterns, regardless of whether motivated by intentional discrimination.2 Civil rights groups applaud the policy move as an important step in dismantling segregated housing patterns, but real estate industry groups criticize HUD for overstepping its congressional authority.

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Posted in Publications and Alerts

Consequential Damages –Waiving Them May be of No Consequence

By Rick Reed
Director
Coats Rose, P.C.

Consequential damages are a serious concern. Consequential damages differ from “direct” or “actual” damages that flow naturally and necessarily from a breach of contract. Examples of direct or actual damages include costs to correct defective work or finish a defaulting contractor’s work.

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Posted in Publications and Alerts

A Day Late and Two Million Dollars Short

(How intermediate delay leads to major consequences.)
By Rick Reed

“Time is of the essence.” Is this just ancient, benign legalese? It means being late, even by a day, is considered a material breach of contract.

The Texas Supreme Court shed light a few years ago on just how critical this phrase can be.

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Posted in Publications and Alerts

Following the Money

By: Rick Reed

Effective September 1, 2007, the enforcement of contingent payment clauses in certain construction contracts will now be governed by statute. Such clauses are often found in agreements between general contractors and subcontractors, and make payment to the subcontractor “contingent” on the general contractor’s receipt of payment by the owner.

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Posted in Publications and Alerts

LIMITATION OF LIABILTY, The Ultimate Survival Strategy

By Rick Reed

As the engineer, architect, contractor, subcontractor, supplier, or other service provider involved in a multi-million dollar project, imagine that you have just learned the project has been destroyed, due to a flaw that might be your fault.

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Posted in Publications and Alerts

Walking the High Wire While Juggling

American Bar Association
Forum on the Construction Industry

Walking the High Wire While Juggling: Strategies to Manage Litigation Costs and Meet Client Expectations

Richard L. Reed, Esq.
Director
Coats, Rose, Yale, Ryman & Lee, P.C.

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Posted in Publications and Alerts

The Ulitmate Survival Strategy: The Limitation Of Liability Clause

13th Annual Construction Law Conference
February 17 & 18, 2000
Houston, Texas

Richard L. Reed
Coats|Rose
1020 NE Loop 410
Suite 800
San Antonio, Texas 78209
rreed@coatsrose.com

By Richard L.

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Posted in Publications and Alerts

Rolling The Dice Without Putting It All On The Line

By: Rick Reed

Contractors face enormous liability exposure when bidding to perform construction work and related services in our highly industrialized and litigious society. Today, it seems we don’t even blink an eye when we hear of damage awards in the $10 to $25 million dollar range.

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