IRS Announces Tax Relief for Kentucky Severe Storm Victims
On May 5, 2015 the IRS announced in a news release that victims of the severe storms that occurred beginning April 2, 2015 in certain parts of Kentucky may be able to delay filing...
To License or not to License?
The Sixth Circuit, in Bradford v. LVNV Funding, LLC, 2015 U.S. App. LEXIS 6281 (6th Cir. Tenn. April 13, 2015), recently held that the Tennessee Collection Service Act (“TCSA”) does not apply to any...
Kentucky Enacts A New Project Delivery Method
On the last day of the legislative session, Kentucky amended the KRS 45A.030 and enacted a new “Construction manager-general contractor” project delivery method that was signed into law by Governor Steve Beshear. The Commonwealth...
Are your employees putting your organization at risk for a cyber-attack?
Targeting employees is one of the easiest methods a hacker can use to attack a company. Cyber-security awareness and preparedness are imperative to businesses both large and small. You do not want one of...
Non-Recourse Carveouts– Common Misconceptions
Since the advent of CMBS financing, non-recourse mortgages generally include provisions which limit the non-recourse nature of the obligations of borrowers and guarantors, with the consequence that the obligations of borrowers and guarantors may...
The Impact of the TTAB Decision You Just Received May be Greater than you Thought
For the first time in history, the U.S. Supreme Court held that courts should give preclusive effect to administrative decisions issued by the U.S. Patent and Trademark Office’s Trademark Trial and Appeal Board (“TTAB”)...
Supreme Court Applies “Reasonable” Basis Standard in Clarifying Liability for Statements of Opinion
On March 24, 2015 the Supreme Court released its much-anticipated opinion in Omnicare, Inc. v. Laborers District Council Construction Industry Pension Fund,1 holding that statements of opinion in issuers’ registration statements filed with the...
Supreme Court Applies “Reasonable” Basis Test in Clarifying Liability for Statements of Opinion
On March 24, 2015 the Supreme Court released its much-anticipated opinion in Omnicare, Inc. v. Laborers District Council Construction Industry Pension Fund, holding that statements of opinion in issuers’ registration statements filed with the...