Insights

Choate Represents Bank of America in Precedent-Setting Credit Facilities for Rite Aid Corporation

Representing Bank of America in connection with debtor-in-possession financings for Rite Aid Corporation and its subsidiaries, Choate secured final court approval for the largest ever retail and consumer product sector debtor-in-possession financing on December 22, 2023.

U.S. Supreme Court Ends CDC’s Residential Eviction Moratorium

The United States Supreme Court has sided with realtor associations and rental property managers in the battle over the Center for Disease Control’s authority to impose a nationwide eviction moratorium.

Update on Certain Massachusetts COVID-19 Measures Affecting the Real Estate Industry

Effective June 15, 2021, Governor Baker rescinded the COVID-19 state of emergency in Massachusetts. This triggered the expiration of a number of COVID-19 measures affecting the real estate industry.

Choate Elects New Partner in Real Estate Practice

Choate announced the election of Adam Zaiger as its newest income partner, effective May 1, 2021.

Massachusetts Statewide Moratorium on Evictions and Foreclosures During COVID-19 Now Effective

On April 20, 2020, Governor Baker signed into law “An Act providing for a moratorium on evictions and foreclosures during the COVID-19 Emergency.”

Governor Baker Orders All Non-Essential Businesses to Close

Businesses need to fully consider what parts of their businesses are covered under essential services in order to properly apply the order.

Alert: Update on Real Estate Investing and Qualified Opportunity Zones

On April 17, 2019, the Department of Treasury and the IRS released a second set of proposed regulations on Qualified Opportunity Zone investments. The proposed regulations address many of the questions and issues surrounding the Qualified Opportunity Zone program, in some cases supplementing and clarifying a first set of proposed regulations that were issued on October 29, 2018.

Alert: Update on Qualified Opportunity Zone Investing

Our Wealth Management and Real Estate Attorneys provide an update on Qualified Opportunity Zone investing.