Flood Law Blog

The Business Source for Flood Recovery Legal News & Opinion

Thank you for your interest in the Flood Law Blog. As more time passes since the 2016 Flood in South Louisiana, there are fewer and fewer legal issues. For that reason, we are ceasing publication of new posts with this final post. This blog is no longer active and messages are not being monitored, but the archived posts will remain available. We will resume blog posts here should any new developments with the August 2016…
Due to the State of Emergency declared on August 12, 2016 by Governor John Bel Edwards in response to the historic flooding in parts of Louisiana, and the inability of many insurance policy holders to repair their property within normal time frames because of a shortage of building materials, contractors, and construction workers, the Commissioner of Insurance promulgated Emergency Rule 28, which went into effect retroactively on August 12, 2016. Emergency Rule 28 suspended…
Last week, the IRS announced special exceptions for Louisiana residents and businesses affected by the August 2016 floods. According to The Advocate, the IRS will allow those affected “extended deadlines, waived penalties, and quicker request processing” and that “federal disaster assistance is not considered taxable income by [the IRS] or Social Security.” Read the full article here.
Taxpayers may need to be proactive between now and the end of the year if they intend to deduct their 2016 property taxes on their 2016 federal income tax returns. Taxpayers that own real property in a flood-impacted parish and deduct property taxes paid for federal income tax purposes should be aware that the timing of 2016 property tax payments, and the ability to deduct 2016 property taxes paid on their 2016 federal income tax…
The Louisiana Homeland Security and Emergency Assistance and Disaster Act, codified at Louisiana Revised Statutes §§ 29:721-739, confers certain emergency powers upon the governor to ensure that the State will be able to deal adequately with emergencies and disasters. In particular, Section 29:724 (D)(1) permits the governor to “[s]uspend the provisions of any regulatory statute prescribing the procedures for conduct of state business . . . if strict compliance with the provisions of any statute,…
As Florida citizens prepared and then braced for impact with Hurricane Matthew, a storm of tremendous size and strength that loomed off the state’s eastern coastline in early October, President Obama took the anticipatory step of declaring a State of Emergency for the state of Florida. This declaration allowed federal agencies to open an immediate dialogue with state and local government officials about the type and extent of federal relief that could be made available…
McGlinchey Stafford attorneys Rudy Aguilar, Jr. and J-P Perrault were quoted in an article in the Greater Baton Rouge Business Report, “Businesses Impacted by Flooding Have Options for Financing Their Recovery, But They Need to do Some Homework.” Businesses can follow a number of courses of action, from taking on debt to applying for federal loans, to get back on their feet. Aguilar and Perrault discuss additional options, including loan modifications and even how customers…
The Greater Baton Rouge Business report has highlighted the Flood Law Blog as a resource for businesses affected by the catastrophic Louisiana floods. Rudy Aguilar, Managing Member of McGlinchey Stafford, was quoted as saying, “We always strive to provide unprecedented legal services to our clients, and right now countless businesses throughout Louisiana seek to find answers on post-flood legal issues. We hope that this new free resource will help both our clients and the broader…
The Flood Law Blog was featured in two articles in the Baton Rouge and New Orleans edition of The Advocate. In the New Orleans Advocate, an article titled “Law Firms Use Katrina Experience to Help Baton Rouge Area Flood Victims,” McGlinchey Stafford attorneys Brad Axelrod and Jean-Paul Perrault discussed the blog’s roots in the firm’s experience helping clients after Hurricane Katrina in 2005, and how the Flood Law Blog has helped serve as a resource…
Dear Readers, The Flood Law Blog Editorial Team closely monitored Hurricane Matthew and its aftermath. We are thankful that the damage that was expected largely did not occur and that the people on the East Coast are safe. Due to this positive news, the Flood Law Blog Editorial Team has decided not to go forward with launching the Hurricane Law Blog. If you have any questions related to hurricane recovery, you can direct those to…