The Legal Intelligencer | Commentary
By Francis J. Lawall and Kate A. Mahoney | May 10, 2018
A designation of “insider” status can impact a wide range of issues within a bankruptcy proceeding and sometimes change the outcome of the case. For example, the preference clawback period is deemed extended to one year for any payments or other transfers made by a debtor to an insider
The Legal Intelligencer | Commentary
By Steven Schain | May 3, 2018
In a policy notice effective April 3, the U.S. Small Business Administration (SBA) updated its standard operating procedures (SOP) to prohibit providing loans to both marijuana- and hemp- related businesses and businesses deriving any gross revenue from sales to marijuana related businesses (MRBs) including those providing lighting, hydroponic equipment or testing services (SBA policy notice).
The Legal Intelligencer | Commentary
By Peter Murphy and Daniel Clearfield | April 25, 2018
On March 22, the Pennsylvania Department of Health (the department) announced it will begin accepting applications for medical marijuana dispensary and grower/processor permits as early as April. During this second round, the department will issue 13 additional permits to grow and process medical marijuana, and 23 dispensary permits. Completed applications must be postmarked no later than May 17.
The Legal Intelligencer | Commentary
By Donna Doblick and Joshua Newborn | April 10, 2018
An inter-family squabble in the Virgin Islands has produced U.S. Supreme Court precedent that affects jurisdictional deadlines in thousands of cases across the country.
The Legal Intelligencer | Commentary
By Timothy J. Horstmann and Penny Pollick | April 5, 2018
When Congress passed the Tax Cuts and Jobs Act (TCJA) late last year, a much-heralded provision of TCJA was the reduction in the federal corporate income tax rate, from 35 percent to 21 percent.
The Legal Intelligencer | Commentary
By Fritz Wetzel | April 4, 2018
Bitcoin, Ethereum and Litecoin have become household terms. Bitcoin's unprecedented run to $20,000 (and back down again), along with similarly impressive gains by other cryptocurrency, has created a horde of so called crypto-millionaires.
The Legal Intelligencer | Commentary
By Rudolph J. Di Massa, Jr. and Drew S. McGehrin | April 2, 2018
In Anderson v. Credit One Bank, Case No. 16-2496 (2d Cir., March 7), the U.S. Court of Appeals for the Second Circuit affirmed decisions of both the District and Bankruptcy Courts for the Southern District of New York in addressing the enforceability of arbitration clauses in bankruptcy proceedings.
The Legal Intelligencer | Commentary
By Richard A. Catalina Jr. | March 29, 2018
Decentralized data structure management technology (DDSM), such as blockchain and distributed ledger technology, is grabbing ever-increasing attention as a result of its potential to revolutionize the way we conduct business, run our governments and go about daily life.
The Legal Intelligencer | Commentary
By Craig R. Tractenberg | March 26, 2018
It is a win-win when the franchisor suggests or require that a franchisee have a succession plan.
The Legal Intelligencer | Commentary
By Francis J. Lawall and Kate A. Mahoney | March 19, 2018
Fraudulent conveyance litigation arising from failed leveraged buyout transactions is frequently pursued in bankruptcy proceedings as the sole source of recovery for creditors.
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