Raij Quoted in Law360

16 September 2013 Law360 News
Partner Irwin Raij was quoted in a September 16, 2013 Law360 article titled, “Fla. Puts New Spin On Public Stadium Financing.” The article discusses a new idea in public stadium financing coming from Orlando, Fla., where a county official is proposing that Orange County, Fla. be a full partner in bringing a proposed Major League Soccer team to town, contributing about $20 million toward the franchise fee and stadium — about a 13 percent stake, using total expected costs — and sharing in revenues. If the team is later sold or recapitalized, the county would get a split of the proceeds. Raij was quoted saying, “Equity owners get capital calls when there are problems. Everyone talks about what big business sports is and how everyone is just rolling in money, but there are huge risks.” Raij also noted that “There are better ways to protect the community interest without taking on equity risk. The end goal is, I think, a good one. You just have to think about how to get there, and that's a local question that requires creativity.”

Related Services


Blockchain: A Tool With a Future in Healthcare
18 July 2019
Health Care Law Today
Do You Know What IMMEX Stands For?
16 July 2019
Dashboard Insights
Does The U.S. Need STRONGER Patents?
16 July 2019
PTAB Trial Insights
California Establishes Fund to Combat Wildfire Threats
15 July 2019
Renewable Energy Outlook
Review of 2020 Medicare Changes for Telehealth
11 December 2019
Member Call
2019 NDI Executive Exchange
14-15 November 2019
Chicago, IL
MAGI’s Clinical Research Conference
29 October 2019
Las Vegas, NV
Association for Corporate Counsel Annual Meeting 2019
27-30 October 2019
Phoenix, AZ