Monday, December 20, 2021

Firm attorney Camisha L. Simmons published an article in Law360 titled "Update Deep-Sea Law To Spur US Mining Projects"

The deep seabed is the final vast Earthly frontier of exploration, mining, production and development of rare earth minerals, hydrocarbons, including oil and gas, and other natural resources. Trillions of dollars’ worth of unmined rare earth minerals and other natural resources are on and underneath the deep seabed in the high seas. Mining the seabed for these critical natural resources is crucial to immediate and long-term U.S. economic and energy independence and national security.

Private U.S. investors and exploration and production companies, however, are not highly active in the deep-sea mining industry. Current U.S. deep seabed mining law is just too antiquated and inadequate to provide U.S. investors and exploration and production companies assurance and a well-developed legal framework to mine the deep sea.

The article "Update Deep-Sea Law To Spur US Mining Projects" published in Law360 highlights and analyzes current international and U.S. deep sea mining law, the inadequacies of current U.S. law and suggests paths forward. 

https://www.law360.com/projectfinance/articles/1449646/update-deep-sea-law-to-spur-us-mining-projects

Thursday, May 27, 2021

Attorney Camisha L. Simmons quoted in Bisnow article "Sale-Leasebacks Are Back, Baby" by Kerri Panchuk

Business owners may consider sale-leasebacks to remove debt obligations from their balance sheets in rough economies, in this case particularly if they have been hit hard by the pandemic, said Dallas real estate attorney Camisha Simmons, managing member of Simmons Legal PLLC. 

In the past year, several major retailers in DFW, including Tuesday Morning and Havertys, offloaded commercial real estate in sale-leaseback deals. In both cases, the firms entered into sale-leasebacks after experiencing substantial drops in traffic and sales during the early days of the pandemic. 

"When a company is experiencing a liquidity crisis, or they are having problems with cash flow, they will often try to restructure their balance sheets to monetize whatever assets they may have in order to increase cash to use in operations or increase company profit," she said.   Read more https://www.bisnow.com/dallas-ft-worth/news/deal-sheet/tenants-looking-for-capital-investors-looking-for-plays-fuel-rise-in-sale-leasebacks-109052

Monday, April 26, 2021

Attorney Camisha L. Simmons quoted in Bisnow article "30% Down But Not Out: Law Firms Look To Shrink But Not Eliminate High-End Offices" by Kerri Panchuk

 "If they are going to try to reduce operating expenses, [firms] are going to get creative in terms of saying, 'maybe we don't need all of these people physically in the office space,'" she said. 

While Simmons doesn't see it happening overnight, particularly at the larger firms, she does warn that like it or not, the legal industry is changing the way it operates even if it becomes 100% safe to go back to work.

"What may drive the transition and the evolving of the industry is the use of artificial intelligence, machine learning and the embracing of technology," Simmons said. "The use of AI or artificial intelligence, whether for contract review or something else, may reduce the need for some support staff and some younger attorneys."https://www.bisnow.com/dallas-ft-worth/news/office/dont-expect-law-firms-to-stay-the-same-post-pandemic-theyre-already-contemplating-sf-cuts-108628