303-776-9900Colorado real estate practitioners have seen the addition of oil and gas notification provisions in the real estate approved forms for the purchase and sale of real property. In bold face type, the buyer is warned that the surface estate may be owned separately from the underlying mineral estate and that the purchase of the […]
News and Insights
TCJA – take it away! Highlights and lowlights of the new tax act. The recently enacted Tax Cuts and Jobs Act (TCJA) is a sweeping tax package. Here’s a look at some of the more important elements of the new law that have an impact on individuals. Unless otherwise noted, the changes are effective for […]
“Use it or lose it” is often colloquially used to describe the prior appropriation doctrine for water rights in Colorado. Nowhere is that phrase more accurate than when it comes to the decennial abandonment list. CRS § 37-92-401(1)(a) requires the Division Engineer to maintain a tabulation of water rights and priorities in their Water Division, […]
Since the passage of the 2007 Farm Bill, buyers and sellers of certain water rights have enjoyed the ability to use tax deferred exchanges under Section 1031 of the Internal Revenue Code. Recent changes to the tax code, however, deleted any reference to mutual ditch or irrigation company stock from the definintion of qualifying “like […]
For most attorneys, their law school training readied them to counsel clients, draft legal documents, and litigate disputes; it may not have prepared them as well for the practical reality of running a business. At some point in our careers, however, most of us have to come to grips with the nuts and bolts of […]
The allegations of abuse have been staggering. The numbers of abused victims are astounding. Are these problems limited to the film and television industries? Ask any working woman, and the answer to that question is no. Although this is the 21st Century, sexual harassment is still prevalent in many of our work places. The statistics […]
This photo, which I think is a marketing promo of a happy tax payer and his 1031 Exchange Accommodator, lists three types of property that might lose 1031 exchange protection under the tax bill making its way through the Senate and House chambers this week. As noted in Retail Real Estate Law, the recent Senate-House […]
Frank Lumpkin Jr. loved Georgia football. As the story goes, one Saturday (over 50 years ago) Mr. Lumpkin walked through downtown Columbus, Georgia with his infant son. He came upon an Auburn fan and the two ultimately came to blows, with Lumpkin clutching his son’s bassinet in his left hand while he swung at the […]
As a litigator, it’s not often that I see a judge begin a District Court order by quoting Shakespeare; but reading the introduction in the Court’s Order in Sinclar v. Larson gave me the sneaking suspicion that this judge was about to make an example out of someone. This is not my case (thankfully), nevertheless, […]
