Tesla, Inc. (“Tesla”) and Elon Musk suffered another setback in their continuing efforts to overcome a legal challenge to a 2018 performance-based stock option grant (the “Grant”) that, at today’s stock price, would be worth over $100 billion to Musk. Brian Cromer takes a look at the case in this Stites & Harbison Client Alert.

The United States Patent and Trademark Office (the “PTO”) will update its trademark fee schedule effective January 18, 2025. Alex MacKay takes at look at the changes in this Stites & Harbison Client Alert.

The American Bar Association (ABA) Health Law Section has ranked Stites & Harbison, PLLC in its 12th Annual Regional Top 10 Law Firm Recognition List. The firm ranked 5th on the South Top 10 list for 2024. Stites & Harbison has been honored 11 consecutive times on the South list.

As Kentucky prepares for the 2025 legislative session, Stites & Harbison will be watching to see whether the General Assembly expands data center tax incentives beyond House Bill 8 (“HB 8”) which was passed by the Kentucky General Assembly in 2024. Among other provisions, HB 8 creates sales and use tax exemptions on data center equipment for eligible entities engaged in providing qualified data center infrastructure.