Patrick Casey

Attorney

Patrick represents clients in complicated real estate and corporate negotiations ranging from sales, acquisitions, private mergers, debt restructuring and strategic planning. Most transactions involve negotiating with multiple parties; conducting due diligence investigations and addressing issues arising from such investigation; restructuring transactions based upon changing circumstances; and coming up with innovative solutions to difficult problems.

As a licensed attorney and certified public accountant, Patrick’s knowledge of both the legal and tax implications of client business operations allows him to advise clients as to various options for how to conduct a transaction. Patrick also advises clients on the Williamson Act, agricultural leases, easements, Section 1031 tax-deferred exchanges and intellectual property licenses.

Patrick started his career as a staff accountant in the audit department of Ernst and Whinney in Los Angeles. After graduating from Loyola Law School in 1993, he worked for KPMG Peat Marwick on expatriate tax issues. He moved to Monterey County in 1994 and joined L+G in 2000. He has continually represented clients in various corporate and real estate matters.

Patrick is a member of the Business Law Section of the State Bar of California and the Monterey County Bar Association. He is a graduate of Leadership Salinas Valley and Monterey County AgKnowledge. He has served on the Board of Directors of the Monterey County Barristers Association; the Salinas Valley YMCA (including chairing the Board from 2009 – 2010); the Central Coast YMCA; and the Grower Shipper Association Foundation. He currently serves on the Advisory Council for Peace of Mind Dog Rescue. Patrick has taught paralegal courses in contract law and corporate law at the University of California, Santa Cruz.

In his free time, Patrick enjoys backpacking, cycling and surfing. In the summer of 2017, Patrick completed a solo hike of the 221 mile John Muir Trail in the Sierra Nevada mountains.

Education

  • JD, Loyola Law School, Los Angeles, 1993
  • BA, cum laude, Albion College, 1988

Practice Areas

  • Forming and Dissolving Business Entities
  • Raising Capital and Lender Transactions
  • Buy-Sell Agreements and Shareholder Negotiations
  • Real Estate Purchases, Sales and Leases
  • Business and Stock Sales
  • Easement and Water Sharing Agreements
  • Due Diligence Investigations – Real Estate and Corporate
  • Real Property Tax Issues
  • 1031 Tax Deferred Exchanges
  • General Business and Real Estate Contracts

Bar & Court Admissions

  • California, 1993
  • Northern District of California
  • U.S. 9th Circuit Court of Appeals

Articles and Publications

Patrick has published numerous articles on a variety of business and real estate topics, including:

  • “Real Estate Lease Option Agreements” – Salinas Valley Business Journal (October 2017)
  • “Real Estate Lease” – Salinas Valley Business Journal (September 2017)
  • “Due Diligence Procedures” – Salinas Valley Business Journal (July 2017)
  • “Dissociating from an LLC” – Salinas Valley Business Journal (May 2017)
  • “Business Succession Planning” – Salinas Valley Business Journal (April 2017)
  • “Options to Raise Capital for Businesses” – Salinas Valley Business Journal (February 2017)
  • “Loan Transactions” – Salinas Valley Business Journal (October 2016)
  • “Settlement Agreement” – Salinas Valley Business Journal (August 2016)
  • “Title and Ownership of Real Estate” – Salinas Valley Business Journal (July 2016)
  • “Option Agreements for Real Estate” – Salinas Valley Business Journal (May 2016)
  • “Nondisclosure Agreements” – Salinas Valley Business Journal (April 2016)
  • “Letters of Intent” – Salinas Valley Business Journal (March 2016)
  • “Importance of Written Operating Agreements” – Salinas Valley Business Journal (February 2016)
  • “Public Disclosure of Well Reports” – Salinas Valley Business Journal (October 2015)
  • “Fictitious Business Name Statements” – Salinas Valley Business Journal (August 2015)
  • “Conflicts of Interest for Board of Directors” – Salinas Valley Business Journal (July 2015)
  • “Negotiating Loan Covenants” – Salinas Valley Business Journal (May 2015)
  • “Complying with Written Contracts” – Salinas Valley Business Journal (February 2015)
  • “Security Interests in Farm Products” – Salinas Valley Business Journal (December 2014)
  • “Business Buy Sell Agreements” – Salinas Valley Business Journal (October 2014)
  • “Selling Corporate Business and Assets” – Salinas Valley Business Journal (September 2014)
  • “Raising Money Through a Private Offering” – Salinas Valley Business Journal (August 2014)
  • “Covenants Not to Compete” – Salinas Valley Business Journal (July 2014)
  • “Interfering with Easement Rights” – Salinas Valley Business Journal (May 2014)
  • “Joint Ownership of Property” – Salinas Valley Business Journal (April 2014)
  • “Summary of California Usury Law” – Salinas Valley Business Journal (March 2014)
  • “Importance of Understanding a Personal Guaranty” – Salinas Valley Business Journal (February 2014)
  • “Recent Legislation on Real Estate Disclosures” – Salinas Valley Business Journal (December 2013)
  • “Landlord Obligation to Tenant Upon Notice of Default” – Salinas Valley Business Journal (October 2013)
  • “New Law on Renting Condominiums” – Salinas Valley Business Journal (September 2013)
  • “Peace of Mind Dog Rescue Helps Older Dogs Find Permanent Homes” – Coastal Grower Magazine (Summer 2013)
  • “Changes to California’s LLC Laws” – Salinas Valley Business Journal (August 2013)
  • “Developer Cannot Extinguish a Recorded Easement” – Salinas Valley Business Journal (July 2013)
  • “Post Foreclosure Liability for Waste of Property” – Salinas Valley Business Journal (May 2013)
  • “Co-Lessee Liability for Renewal Option” – Salinas Valley Business Journal (April 2013)
  • “Identifying Properties in a 1031 Exchange” – Salinas Valley Business Journal (March 2013)
  • “What Does ‘Best Efforts’ Mean in a Contract?” – Salinas Valley Business Journal (February 2013)
  • “Limitation on Lease Options to Renew” – Hollister Pinnacle (December 2012)
  • “Homeowner Liability on Second Deeds of Trust after Foreclosure” – Salinas Valley Business Journal (December 2012)
  • “Home Equity Sales Contracts” – Salinas Valley Business Journal (October 2012)
  • “Foreclosure Protection Against Lenders With Two Deeds of Trust” – Salinas Valley Business Journal (September 2012)
  • “Judgments Against Trustees and Not Trusts” – Salinas Valley Business Journal (August 2012)
  • “Calculating a Landlord’s Lost Rent Claim” – Salinas Valley Business Journal (July 2012)
  • “Landlord is Not Liable for a Trivial Defect” – Hollister Pinnacle (May 2012)
  • “Procedures for Time Delays in Construction Contracts” – Salinas Valley Business Journal (April 2012)
  • “Adverse Possession” – Salinas Valley Business Journal (March 2012)
  • “Cancelling a Real Estate Purchase Agreement” – Hollister Pinnacle (February 2012)
  • “Preliminary Reports in Real Estate Transactions” – Hollister Pinnacle (September 2011)
  • “Partition of Property and Tenants In Common Agreement” – Coastal Grower Magazine (Fall 2011)
  • “Enforceability of Amendments to CCRs” – Hollister Pinnacle (June 2011)
  • “Selling Broker Must Disclose Short Sale to Buyer” – Hollister Pinnacle (February 2011)
  • “Post-Foreclosure Liability for Mortgage Debt” – Hollister Pinnacle (November 2010)
  • “Protections for Tenants in Foreclosure” – Hollister Pinnacle (September 2010)
  • “Responsible Corporate Officer Doctrine” – Salinas Valley Business Journal (September 2010)
  • “Options for Delinquent Loans and Avoiding Loan Fraud” – Hollister Pinnacle (August 2010)
  • “Alternatives for a Delinquent Loan” – Salinas Valley Business Journal (August 2010)
  • “Becoming a Director of a Non-Profit Organization” – Hollister Pinnacle (June 2010)
  • “Liability of Maintaining Common Facilities” – Hollister Pinnacle (April 2010)
  • “Unlicensed Contractors Not Entitled to Payment” – Hollister Pinnacle (January 2010)
  • “Senate Bill 94 on Loan Consultants” – Hollister Pinnacle (November 2009)
  • “Offers In Compromise” – Hollister Pinnacle (October 2009)
  • “Partial Business Disclosures by You and Your Attorney” – Coastal Grower Magazine (Spring 2005)
  • “Factors to Consider in Deciding Whether to Incorporate in California or Delaware” – Coastal Grower Magazine (Spring 2003)
  • “Records are the Key to Payment Under PACA” – Coastal Grower Magazine (Spring 2002)
  • “Shifting the Risk of Loss of Product in Cold Storage Warehouses” – Coastal Grower Magazine (Fall 2001 – co-authored with Jeff Gilles)

Civic Involvement

  • Salinas Community YMCA
  • Leadership Salinas Valley
  • Central Coast YMCA
  • Grower Shipper Association Foundation – Board of Directors
  • Peace of Mind Dog Rescue
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