Category Archives: Missouri law

Important legal terms: “I grandmawed it! Ain’t I grandfathered?”


By Harry Styron

As the Ozarks becomes suburban, there are many clashes between the old economy and ways of life and the new, expressed in colorful language. A couple of familiar terms are sometimes used in ways that sound funny, especially used as verbs.

Grandfathering
“Grandfathering” as a legal term is not peculiar to the Ozarks and seems to mean here what it means anywhere. It is the concept by which something that has been done in the past is lawful for that reason, regardless of any new laws.

The historical origin of the term is ugly: Read the rest of this entry

Working with troubled real estate developments


Over the next several months, many investors and lenders will be looking at busted projects and trying to make the best of them. I’ve added a Law Article to this site, which I’ll keep updating as I learn new strategies,  called “Working with troubled real estate developments.”

As with all my other writings, this article is primarily based on my experiences in Missouri, though some of this one comes from my time spent in the 1980s, working with troubled real estate in Oklahoma, after the successive crashes of the oil and gas, banking and real estate sectors.

I’d appreciate your comments.