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Monthly Archives: November 2019
Gammage & Burnham Helps Create Nation’s First Car-Free Community
Gammage & Burnham is proud to be a part of the team helping Culdesac, Inc., and Sunbelt Holdings create a first-of-its kind car-free community in Tempe, Arizona! G&B partner Manjula Vaz helped to bring the project to life by securing entitlements for the development, while G&B transactional lawyer Tim Forsman negotiated complex acquisition and development contracts for the site.
Culdesac, Inc., and Sunbelt Holdings are making history by developing a car-free community located in Tempe, Arizona. The $140 million dollar development is located on Apache Boulevard in Tempe, Arizona, next to a bustling light-rail station.
Posted in News
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Increased Salary Requirement for Overtime Eligibility Starts January 1
As all employers should know, certain employees are exempt from what would otherwise be a requirement to pay workers overtime for hours worked in excess of 40 per week.
To receive such an exemption, workers must perform certain duties usually categorized as executive, administrative, or professional. If the worker meets the duties test, they also must be paid on what is called a “salary basis.” That means they must be paid the same amount every week regardless of the number of hours worked, or their productivity. To be exempt from overtime, the worker must also make at least the target minimum salary set by rule.
Posted in News
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Powerful New Tool for Arizona Commercial Lenders
Arizona commercial lenders have long been able to have a receiver appointed to protect and preserve property pending foreclosure following a default under a commercial loan. New Arizona statutes, ARS §33-2601 et seq., the Uniform Commercial Real Estate Receivership Act, have expanded the benefits available to lenders by getting a receiver appointed over commercial property and the personal property related to or used in connection with that real property.
The new laws provide several important benefits:
- The appointment of a receiver results in an automatic stay prohibiting any actions or proceedings by other creditors to attempt to gain possession or control of receivership property or to enforce earlier-obtained liens or judgments against receivership property.
Posted in Commercial Lending, News
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Gammage & Burnham Honored by U.S. News Best Lawyers®
U.S. News Best Lawyers® announced today that Gammage & Burnham is nationally ranked in seven practice areas and regionally ranked in 18 practice areas. The U.S. News – Best Lawyers® “Best Law Firms” rankings are based on a rigorous evaluation process, and Best Lawyers® is the oldest peer-review publication in the legal profession.
The firm received national rankings for the following practice areas:
- Land Use & Zoning
- Litigation- Real Estate
- Bankruptcy and Creditor/Debtor Rights
- Construction Law
- Health Care Law
- Litigation- Construction
- Securities Regulation
The firm was recognized for its work in the Phoenix metropolitan area in the following practice areas:
- Administrative / Regulatory Law (Tier 1)
- Banking and Finance Law
- Bankruptcy and Creditor/Debtor Rights (Tier 1)
- Business Organizations (Tier 1)
- Commercial Litigation (Tier 1)
- Construction Law (Tier 1)
- Corporate Law
- Corporate Governance Law
- Health Care Law (Tier 1)
- Land Use & Zoning Law (Tier 1)
- Litigation – Bankruptcy
- Litigation – Construction (Tier 1)
- Litigation – Labor & Employment
- Litigation – Land Use & Zoning (Tier 1)
- Litigation – Real Estate (Tier 1)
- Mergers & Acquisitions Law
- Real Estate Law (Tier 1)
- Securities Regulation
Congratulations to all of our brilliant attorneys who have worked to make Gammage & Burnham recognized both nationally and in our community!
Posted in Estate Planning, Employment Law, Public Private Partnerships, Cannabis Law, Government Relations & Administrative Law, Creditor’s Rights & Bankruptcy, Litigation & Alternative Dispute Resolution, Construction Law, Business Organizations & Commercial Transactions, News, Practice Areas, Health Care, Real Estate, Land Use
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