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| 1 | EPA Proposes New Water Requirements for All Construction Activities Hunton & Williams LLP; December 24, 2008, previously published on November 2008 Long-awaited effluent limitations guidelines (ELG) and new source performance standards to control the discharge of pollutants from construction and development (C&D) activities will be published in the November 28 Federal Register. |
| 2 | TARP's Term Asset-Backed Securities Loan Facility: Can Wall Street Help Main Street? Amy M. Baumgardner, Anna T. Pinedo; Morrison & Foerster LLP; December 24, 2008, previously published on November 26, 2008 On November 25, 2008, the Treasury and the Federal Reserve Board announced the creation of the Term Asset- Backed Securities Loan Facility, or TALF. |
| 3 | FDIC Announces National Expansion of Loan Modification Program Gabriel Walvatne; Miles & Stockbridge P.C.; December 23, 2008, previously published on November 2008 The Federal Deposit Insurance Corporation (FDIC) recently announced its plans to extend its Loan Modification Program, which it has labeled "Mod in a Box," to borrowers in distressed mortgages across the country. |
| 4 | Washington Supreme Court Rules State Law Trumps Local Land Use Law in Siting of Alternative Energy Facilities Ian T. Sutton; Miller Nash LLP; December 23, 2008, previously published on November 25, 2008 Late last week, the Washington Supreme Court held that the Energy Facilities Site Locations Act ("EFSLA") governs the siting of wind energy facilities and preempts local land use and zoning laws. |
| 5 | New and Extended Income Tax Benefits for Individual Taxpayers Chapman and Cutler LLP; December 22, 2008, previously published on November 2008 On October 3, 2008, President Bush signed the Emergency Economic Stabilization Act of 2008 (the "2008 Act"). |
| 6 | The Energy Improvement and Extension Act of 2008: Investing in the Green Economy through Renewable Energy Tax Credits, Tax-Exempt Bonds and Green Building Incentives E. Gail Suchman, Alan Z. Yudkowsky, Lauren R. Vollano; Stroock & Stroock & Lavan LLP; December 22, 2008, previously published on November 25, 2008 Throughout the 2008 Presidential campaign, every candidate talked about the importance of investing in clean and renewable energy as a means of moving the country from dependence on foreign oil, reducing greenhouse gas emissions, and creating millions of jobs in the so-called "green... |
| 7 | Supreme Court Invalidates Development Agreement Conditioned Upon CEQA Compliance Harriet A. Steiner, Laura Kennedy; McDonough Holland & Allen PC; December 22, 2008, previously published on November 2008 In an highly anticipated decision, the California Supreme Court invalidated an agreement between the City of West Hollywood and a non-profit housing developer for failing to first comply with the California Environmental Quality Act ("CEQA"). |
| 8 | Real Estate Investment in Russia Thomas J. Coyne, Mario J. Suarez; Thompson Hine LLP; January 6, 2009, previously published on November 18, 2008 Russia ended 2007 with its ninth straight year of growth, averaging 7 percent annually since the financial crisis of 1998. This coincides with a period during which the country has seen surplus budgets, in 2007 amounting to 3 percent of GDP. |
| 9 | Court Upholds City's Analysis of Groundwater Sufficiency Stephen L. Kostka, Geoffrey L. Robinson, Marie A. Cooper; Bingham McCutchen LLP; December 19, 2008, previously published on November 21, 2008 For certain large projects, the Water Code requires water suppliers to prepare a "water supply assessment" to determine whether sufficient water supplies will exist for the project and other planned growth, over a 20-year horizon. |
| 10 | Court of Appeal Issues Decision Affecting Water Supply Assessments Roderick E. Walston; Best Best & Krieger LLP; December 19, 2008, previously published on November 20, 2008 On November 19, 2008, the First Appellate District handed down the first published court decision to rule on the substantive provisions of SB 610 (Water Code ยง 10910 et seq.) since its enactment in 2001. |
