Monthly Archives: November 2012

Commercial Law Presentations to FAST and LEAP (1.11.2012)

We are delighted to have again been invited to present seminars to the Franchise Acceleration Start Up Training (FAST) Programme (National Franchise Centre at Limerick Institute of Technology) and the Limerick Enterprise Acceleration Programme (LEAP) of Limerick Institute of Technology’s Enterprise Ladder. George Kennedy, Solicitor in our Corporate & Commercial Department, presented in September and October 2012 on a number of legal issues in…

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ILN Today Post

A Section-by-Section Analysis of Chapter 23L,

A new Chapter 23L of the Massachusetts General Laws was enacted on August 7, 2012 as part of Chapter 238 of the Acts of 2012, “An Act Relative to Infrastructure Investment, Enhanced Competitiveness and Economic Growth in the Commonwealth” (St. 2012, c. 238, §14). It takes effect 90 days later, on November 5, 2012.

Introduction

Chapter 23L provides Massachusetts municipalities an option to approve “special assessment financing” of public infrastructure to support private development or community projects. Special assessment financing is a proven method of tax-exempt financing used successfully in other states for many years.

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