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Murphy, Hesse, Toomey & Lehane, LLP Attorney Appointed to Serve as Member of the Real Estate Committee of the Diocese of Fall River

 

 

On December 10, 2018, Bishop Edgar M. da Cunha, who was appointed Bishop by Pope Francis in 2014, sent out a letter of invitation to his parishioners of the Diocese of Fall River. The letter detailed the five new Diocesan planning commissions that would launch in February 2019: the Catholic Social Services Commission, Youth and Young Adult Commission, Diocesan/Chancery Governance Commission (with two subcommittees, Communications and Human Resources), Finance Committee, and the Property and Real Estate Committee. On March 8, 2021, Attorney Peter McNulty from Murphy, Hesse, Toomey & Lehane, LLP received a letter from Bishop da Cunha, officially appointing him to serve as a member of the Real Estate Committee of the Diocese of Fall River for a term of one year.

 

Mr. McNulty graduated from Suffolk University Law School. During his time in school, Mr. McNulty worked at the Massachusetts Catholic Conference as a non-profit lobbyist. Mr. McNulty received his B.A. in Political Science from Boston College and graduated from Dedham High School.

 

Formerly corporate counsel at a large Massachusetts Community Bank, Mr. McNulty’s practice is primarily focused on corporate and financial transactional work. Mr. McNulty handles the full spectrum of corporate and real estate matters and has assisted clients with entity formation, real estate transactions, mergers, acquisitions and investments, as well as commercial and residential acquisitions and dispositions. Additionally, Mr. McNulty represents and advises various financial institutions on a wide range of topics, including corporate governance, compliance, construction and secured lending, work outs and modifications, bankruptcy and foreclosure, and general litigation.

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On August 12, 2022, Governor Charlie Baker signed S. 3096, “An act relative to equity in the cannabis industry,” (“Act”) into law. The Act reforms Massachusetts’s existing marijuana laws, particularly with respect to host community agreements (“HCAs”), community impact fees (“CIFs”), and social consumption sites (e.g. marijuana cafes). The Act empowers the Cannabis Control Commission (“Commission”), the state regulatory agency, to exert greater control over HCAs and their CIFs. Municipalities levy CIFs on cannabis businesses to account for the costs they impose on the municipality as a result of their operations. Additionally, the Act allows municipalities to permit on-premises social consumption of marijuana at designated sites. Other notable provisions of the Act include the new Social Equity Trust Fund (“Trust Fund”), changes to the tax law regarding cannabis businesses, and various provisions concerning those persons and communities most impacted by the prior illegality of marijuana usage and sale. Governor Baker vetoed only one section of the final bill: the provision calling on the state to conduct a study of medical marijuana usage in schools.

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