Missouri fans of the film franchise "The Crow" may have heard that a breach of contract lawsuit is underway regarding the films. Producer Jeff Most says that he has not received any payments or earning statements in the last four years despite his involvement in the first four films and the television series. Most says that based on his agreement, he is supposed to receive a portion of the gross receipts from the second, third and fourth movies and a portion of merchandising and net profit from the TV show.
Crowdfunding opportunities in commercial real estate
An entrepreneur in Kansas might consider crowdfunding as a way to raise the funds needed to produce a product or develop a small business. However, the opportunity to pursue real estate interests with crowdfunding has begun to open doors for both those who are developing office buildings or similar projects and for those who would like to invest in this sector. Recent action by President Obama has paved the way for opportunities that were once restricted based on the assets and incomes of potential investors.
City plans to use golf course for flood control
There is a controversy over plans to use a golf course in Colorado to control floodwaters during major storms. On April 6, Denver Public Works announced that it would move forward with plans to use the City Park Golf Course to hold and slow floodwaters in the event of major storms. Denver Public Works held almost 90 meetings before reaching the decision.
Reclassification may boost CRE development lending
Missouri commercial real estate developers may soon be able to see increased lending for their proposed projects from MetLife. The insurance giant, which had been designated as a systemically important financial institution, or SIFI, in 2010, could soon lose this classification and gain increased leeway to act as a lender in the process. Although regulators may appeal the decision, a U.S. District Court has ruled that the company is no longer important enough to merit the SIFI status.
