News & Analysis as of

Business Ownership State and Local Government

DarrowEverett LLP

Foreign Entity Qualification Requirements: New York, Florida, and Massachusetts

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For many founders, business formation in Delaware is preferrable regardless of where the business plans to operate. There are many reasons for that, including preferable corporate taxes, business friendly laws and...more

McDermott Will & Emery

Maine Updates Ownership Disclosure Requirements

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On August 9, 2024, the new Public Law 2023, ch. 633 (L.D. 2069) from Maine’s Bureau of Alcoholic Beverages and Lottery Operations (BABLO) formally went into effect, bringing an end to the previous burdensome “entire...more

Foley Hoag LLP - Cannabis and the Law

New York Promulgates Interim Guidance on Changes of Ownership and License Amendments

The New York Office of Cannabis Management (“OCM”) has promulgated interim guidance identifying how it will address changes of ownership and other license amendments. While many have criticized the OCM for delays in...more

Bradley Arant Boult Cummings LLP

Driving Between the Lines: As a Private Company Majority Owner, What Are the Rules for Dealing with Minority Business Partners

The one who has the gold often makes all the rules, but the majority owner of a private company who has minority partners in the business does not have complete freedom, because majority owners owe duties that apply to their...more

Sullivan & Worcester

Massachusetts And Maine Receive Hurricane Related Tax Relief

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The Internal Revenue Service delivered an unexpected surprise to taxpayers in Massachusetts and Maine this week by postponing to February 15, 2024 the deadline for various individual and business tax returns and tax payments...more

Vicente LLP

Revised New York Adult-Use Cannabis Regulations: What You Need to Know

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On May 11, 2023, New York’s Cannabis Control Board voted to approve the revised adult-use cannabis regulations. Upon publication in the New York State Register, these draft regulations are subject to another 45-day public...more

Cozen O'Connor

Broad Street Brief: Commonwealth Court Sides With DA Krasner on Impeachment; Former Councilmember Gym Hires Campaign Manager

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Commonwealth Court Sides With Philadelphia DA Krasner Regarding Impeachment; Next Steps Remain Unclear- Pennsylvania’s Commonwealth Court concluded last Friday that none of the seven articles of impeachment filed by state...more

Burns & Levinson LLP

Spotlight Series: Drew Richards, Director, New England Cannabis Industry Leader at Marcum LLP

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The CannaBusiness Advisory Spotlight Series features expert perspectives from Burns & Levinson clients and contacts who are blazing new trails in the cannabis market....more

Burns & Levinson LLP

Navigating True Parties of Interest Restrictions in New York’s Adult Use Cultivation and Processing Market

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The long-anticipated New York cannabis market is finally coming into shape. The New York State Office of Cannabis Management (“OCM”) has issued more than 250 Adult Use Conditional Cultivator Licenses and 25 Adult Use...more

Bass, Berry & Sims PLC

First Circuit Decision Could Disrupt Business Ownership in Cannabis Industry

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The First Circuit Court of Appeals recently released a published opinion that held that the Dormant Commerce Clause of the United States Constitution applies to cannabis laws and regulatory regimes. The cases are Northeast...more

Bradley Arant Boult Cummings LLP

The Minority Shareholder’s Arrows Are Still Sharp in the Quiver: Claims Available to Oppressed Minority Shareholders under Texas...

The seven-year anniversary of the Texas Supreme Court’s decision in Ritchie v. Rupee has come and gone, and the court’s holding from 2014 remains the law: Minority shareholders in Texas private companies do not have a cause...more

Shutts & Bowen LLP

Florida Businesses Subject to Mandatory New Hire and Contractor Reporting as of Oct. 1, 2021

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On June 16, 2021, Governor DeSantis signed legislation amending Fla. Stat. 409.2576, imposing revised reporting requirements of new hires, re-hires and independent contractors for businesses across the State of Florida....more

McDermott Will & Emery

Illinois Enacts Pass-Through Entity Tax to Help Partners and S Corporation Shareholders Avoid the $10,000 SALT Cap

Illinois enacted a pass-through entity tax (PTE Tax) that may be elected by partnerships and S corporations to permit a federal deduction of state income taxes that otherwise are limited to $10,000 per year from 2018 to 2025...more

Shutts & Bowen LLP

Gov. DeSantis Signs COVID-19 Lawsuit Protection Bill

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In our latest client alert, West Palm Beach partner Matthew Chait discusses SB 72, which was signed into law by Gov. Ron DeSantis signed on March 29, 2021. The new law is expected to be a bulwark against certain COVID-19...more

Amundsen Davis LLC

PREVAILING WAGE REMINDER: Local, State And Federal Prevailing Wage Obligations Vary Greatly

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Contractors, developers, architects, owners, project managers and even public bodies often ask the same obvious question when dealing with any type of prevailing wage ordinance or law, “what are my obligations?” While...more

Perkins Coie

Time to Face the Country’s Strictest Facial Recognition Law

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Portland, Oregon’s Facial Recognition Ordinance Goes Into Effect January 1, 2021 Companies that do business in Portland, Oregon may need to add one more item to their holiday to-do list: disable face recognition...more

Bradley Arant Boult Cummings LLP

States Enact Statutes that Protect Landlords from COVID-19 Premises Liability Claims

A minority of states have enacted statutes and taken other action to protect business owners from claims by persons who allegedly were infected by COVID-19 on their premises. The purpose of this article is to compare these...more

Hahn Loeser & Parks LLP

Ohio Governor DeWine Signs Law Providing Civil Immunity To Employers Facing COVID-19 Related Lawsuits

On September 14, 2020, Governor DeWine signed House Bill 606 into law which provides civil immunity to employers facing COVID-19 related lawsuits. HB 606 provides, in part: SECTION 2. (A) No civil action for damages for...more

Jackson Lewis P.C.

Ohio Halts COVID-19 Litigation, Providing Civil Immunity For Healthcare, Businesses, And Others

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Ohio Governor Mike DeWine has signed a bill granting civil immunity from certain COVID-19-related civil actions for healthcare providers, businesses, schools, individuals, and other entities. Under House Bill 606,...more

Shutts & Bowen LLP

Avoiding Potential Liability Exposure as Businesses Reopen

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After two months of stay-at-home orders and shutdowns due to the COVID-19 pandemic, businesses and policymakers have gradually begun to reopen the economy in phased increments. However, as the pandemic continues, businesses...more

Fenwick & West LLP

Important Updates to Employer Guidance Amid Pandemic

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The last few weeks have seen a flurry of COVID-19-related employment developments across the country and, in particular, California. The state has moved into Stage 2 of its four-stage framework for reopening, which ushered in...more

Holland & Knight LLP

California Agencies Issue Guidance for Dine-In Restaurants and Similar Establishments

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Since the implementation of California's statewide stay-at-home order, many have wondered what the long-term future of restaurant operations will look like. As a part of the state's Stage 2 reopening efforts, on May 12, 2020,...more

Dickinson Wright

Nevada State and Local Governments Make Licensing and Permit Accommodations to Help Businesses Amid the COVID-19 Crisis

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Like many other states in response to the widespread transmission of COVID-19, Nevada has banned business operations for non-essential businesses and enacted limitations on operations for those businesses considered...more

Nossaman LLP

Eminent Domain: Is it Possible to Recover Attorneys’ Fees if you Settle?

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In California, we have an admittedly odd way of determining whether the property or business owner in an eminent domain case is entitled to recover attorneys’ fees. (Note that I’m specifically talking about an owner’s...more

Foster Garvey PC

Oregon’s New Corporate Activity Tax

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We are taking a break from our multi-post coverage of Opportunity Zones to address a recent, significant piece of Oregon tax legislation. On May 16, 2019, Governor Kate Brown signed into law legislation imposing a new...more

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