Congratulations to Partner Amy Oakley and all the inspiring honorees of Massachusetts Lawyers Weekly’s 2024 “Top Women of Law”! We celebrate her exceptional achievements in real estate and finance law as well as her impactful mentorship in the legal community. We are proud to have Amy on our team and to join in recognizing the...
PROVIDENCE, RI, November 7, 2024 – Partridge Snow & Hahn (PSH), a full-service business law and litigation firm, announces that it has received top rankings in both the Rhode Island and Boston metropolitan markets of the Best Lawyers® 2025 edition of “Best Law Firms®.” Firms included in the Best Law Firms rankings are recognized for...
PROVIDENCE, RI, November 5, 2024 – Partridge Snow & Hahn (PSH), a full-service business law and litigation firm, has added Kelley O’Donnell as an associate in the firm’s transactional group. O’Donnell focuses her practice on commercial real estate, nonprofit & tax exemption, and corporate finance. She supports the firm’s partners through research, contract drafting and...
By Amy T.M. Oakley and Madeline M. Ursini The IRS recently issued proposed regulations describing rules for eligible taxpayers that may now elect to transfer certain clean energy credits to unrelated third parties under Section 6418 of the Internal Revenue Code (IRC) enacted under the Inflation Reduction Act (IRA). The clean energy tax incentive market...
By Amy Oakley and Madeline Ursini On October 24, 2023, representatives of the Treasury, the Federal Reserve, and the Federal Deposit Insurance Corporation released their final rule with respect to the Community Reinvestment Act (CRA), which is intended to strengthen and modify current regulations (Community Reinvestment Act Final Rule). Per the most recent update, which will...
By Loren F. Sutton and Jay R. Peabody “Your success in life isn’t based on your ability to simply change. It is based on your ability to change faster than your competition, customers and business.” — Mark Sanborn. This past July, Boston Mayor Michelle Wu, following the lead of several other major cities around the...
By Amy Oakley and David DiSegna On June 16, 2023, Governor McKee signed the Rhode Island fiscal year 2024 budget that was passed by the General Assembly. The budget includes a new statewide Low-Income Housing Tax Credit (“LIHTC”) program to foster the availability of affordable housing in Rhode Island that will be administered by the...
By Eugene G. Bernardo II and David M. DiSegna Legislation has been introduced in the United States House and Senate entitled the “No Tax Subsidies for Stadiums Act of 2023,” which would eliminate the tax exemption for bonds used to finance professional sports stadiums. The companion bills were introduced by Senators Lankford (R-OK) and Booker...
By Eugene G. Bernardo II and David M. DiSegna The Financial Data Transparency Act of 2022 (the “Act”), which was included as part of the National Defense Authorization Act, was signed into law on December 23, 2022. The Act requires that various federal regulatory agencies jointly issue proposed rules within eighteen (18) months, which establish...
By Daniel E. Burgoyne On June 20, 2022, Rhode Island Governor Daniel J. McKee signed into law the Rhode Island Commercial Receivership Act (“CRA”), which updates and modernizes Rhode Island receivership practice. Pub. L. 2002, ch. 107 and 108. The CRA is based upon the Uniform Law Commission’s 2015 Commercial Real Estate Receivership Act. The uniform act is...
