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Managing Partner Survey: Finally, future is brighter
After two years of increasing pessimism for typically optimistic law firm leaders, the Daily Business Review's annual managing partner survey found that the vast majority of managing partners at firms with South Florida offices are "somewhat" or "quite" optimistic about the future.Capital Sources: FDIC faces challenge in going after banks
Local banking attorneys say federal regulators will face plenty of challenges if they pursue plans to seek civil penalties against the directors and officers of failed banks.Capital Sources: Estate tax scenario has firms, clients wondering
The tentative deal in Washington to set the federal estate tax at 35 percent with the first $5 million exempted in 2011 and 2012 still faces hurdles to becoming a reality. But the agreement between the Obama administration and Republican congressional leaders brings at least a glimmer of long-sought clarity for South Florida's tax and estate planners. Even if the deal goes through, however, they will still be left to cope with an estate tax that has gyrated wildly for the third straight year.'Texas Ratio' provides a heads-up on bank failures
A popular measure of bank risk named after Texas gets plenty of use in Florida, where more than 50 banks insured by the Federal Deposit Insurance Corp. have failed since 2008.Capital Sources: Real estate dependence has Florida banks lagging
Florida banks are lagging behind the rest of the country in recovering from the economic downturn, and some industry observers fear that could mean South Florida could be one of the nation's last to see a recovery.Developer suffers from results of over-expansion
With the loss of Parkland Commons following a $35.2 million foreclosure judgment, veteran developer Monroe Prestige Group has shed five South Florida retail centers in the last two years.Magistrate: Developer Renzo Renzi owes child support, lives lavishly
Renzo Renzi owes thousands in child support, has millions in unpaid debts and even faces possible arrest if he fails to make a state court appearance by late next month. Yet he may still maintain a lavish lifestyle.Trending Stories
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