BSquare Bulletin and Inside Indiana Business report that the Bloomington planning commission has shelved for the time being a proposal to amortize billboards in Bloomington. The decision to postpone a decision was due to concern over the financial cost of having to pay just compensation. Lamar’s attorney presented a Briefing […]
By Marnie Cody, Hamlin | Cody Law Group When it comes to leasing land for a billboard, it’s crucial to understand that the fate of your billboard may be tied to the lease terms. Specifically, if you allow a lease to expire without removing your billboard, it could potentially become […]
It’s one of the drawbacks of being a public company. You get sued on ever surprise announcement of bad news. The class action legal firms are circling Clear Channel Outdoor after last week’s surprise announcement of a $26 million SEC fine that shaved 3% off the stock. See release below… […]
On September 25, 2023 the Indiana Supreme court ruled in favor of Reagan Outdoor Advertising in a sign rebuild dispute with Noblesville, Indiana. Here are the facts of the case. Reagan owned a non-conforming billboard in Noblesville. The Noblesville ordinance required non-conforming billboards to be kept in good repair and […]
Chris Cowlbeck, Becky Smith, and the entire crew at IBO have once again scheduled a fun and informative Fall Conference at the Hyatt Regency Hotel in Indianapolis for October 3 through 6. It all starts with a golf tournament at Hillcrest Country Club on Tuesday, followed by great sessions […]
Billboard attorney Michael Galasso of Robbins, Kelly, Patterson & Tucker tells Billboard Insider that amortization conflicts with Ohio state law: I read with interest the Billboard Insider article on Bloomington’s amortization ordinance and reader comments regarding the application of Indiana’s just compensation statute. I would also point out that, in […]
Roswell, GA – September 21, 2023: Link Media Outdoor (Link), is pleased to announce that it has named Kerry Yoakum to the position of General Counsel. Kerry is a 15-year veteran of the outdoor advertising industry. Prior to joining Link, Kerry served as Senior Vice President of Government Affairs for […]
We received some reader comments on our Amortization in Bloomington Indiana post. An east coast out of home exec says you should enlist clients to help fight amortization I always use the term “slow motion confiscation” and the metaphor, imagine you own a ten story building and suddenly a town […]
The city of Bloomington, Indiana planning commission is entertaining a proposal to amortize up to 47 billboards by 2031. When the proposal was discussed at a planning meeting and one of the planning commissioners asked why no billboard companies were present the Bloomington city attorney said none of the billboard […]
Los Angeles has issued a Department of City Planning Staff Recommendation report which contains a proposed digital sign ordinance which will be considered by the City Planning Commission on September 14, 2023. Some of the key items. The Los Angeles Metropolitan Transit Authority (“Metro”) is proposing to put up 86 […]
