April 2011 BoltNagi PC Newsletter: Lisa Michelle Komives Profile

LISA MICHELLE KÖMIVES
Litigation Associate

Lisa is part of our litigation department and has been with the firm-and back on island-for just over a year. She returned to St. Thomas from Miami where she attended the University of Miami School of Law, graduating with honors.  While she was in law school, Lisa was on the Dean's List, a law review editor, and a member of the Moot Court Board.   After four and half years of practicing in Miami, Lisa decided to return to St. Thomas, where she grew up, to be closer to her parents.

After Lisa graduated from law school, she began practicing law in Miami with a boutique litigation firm handling cases in both state and federal court which primarily involved employment discrimination, insurance coverage, misuse of intellectual property, premises liability and breach of commercial contracts and leases.  Lisa then moved to a large national firm and continued to work on insurance coverage and breach of contract cases, including class actions, and also began to handle some real property and securities litigation.

 

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Tech Park Can Offer Investors Savings and Simplicity

The USVI attracts many businesses to its shores by offering generous tax incentives to qualifying companies that are approved by the Economic Development Commission (“EDC”). However, fewer people seem to be aware that those same benefits—90% reduction in income tax liability; 100% exemption on real property taxes, gross receipts taxes, and excise taxes, and a reduction in customs duties—are available to technology-based businesses through partnership with the University of the Virgin Islands Research and Technology Park the (“Technology Park” or “Park.”)

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Seller Financing: A Comeback Story?

 

With the continuing tight credit markets and potential buyers still having difficulty obtaining financing, sellers of property in the Virgin Islands may consider providing financing to the buyer. This is typically achieved with either an installment sales contract or a traditional note and mortgage.

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