The side letter has been a particularly effective tool in the private fund industry, with funds and investors entering into strategic arrangements to provide more favorable terms than those given to other investors in...more
“Opt-in or opt-out?” That is the question all banks should ask customers regarding overdraft services. If a customer opts-in, the bank allows a transaction that would overdraw an account (subjecting the customer to an...more
The limited liability company, or LLC, has become the go-to business entity form for the combined liability protection and favorable tax treatment, but few are aware of the LLC sub-form that provides additional asset...more
Introduction -
On May 18, 2021, Governor Kevin Stitt signed House Bill 2272 (the “Act”), assigning new protective procedures in the medical marijuana industry in Oklahoma. The Act (1) creates an attestation requirement...more
On September 18, 2020, the Oklahoma Medical Marijuana Authority (OMMA) officially partnered with Metrc, becoming the 14th state, along with the District of Columbia, to utilize the seed-to-sale track-and-trace regulatory...more