All Articles
Insurance Coverage & Recovery
Avoiding Damage Done by Damages Experts: Failure to consider the mitigation issue is a grave mistake
Economic damages experts are often confronted with legal theories, which must be carefully applied to their casework within the context of the economic analysis. One example is the Mitigation of Damages Doctrine. The Mitigation of Damages Doctrine is actually quite straightforward. It simply says...
Read MoreBanking | Private Equity
Developing Appropriate Valuation Provisions: Defuse ticking time bombs in shareholder agreements before they explode
Shareholder agreements document the intentions of the parties in connection with, among other things, the price to be paid for an ownership interest in the event of a shareholder’s death, disability, retirement or other triggering event. There are four commonly used methods to value a company...
Read MoreLaw Enforcement
U.S. Taxpayers Are Paying More Than They Realize: A staggering array of federal, state and local taxes rarely enter the public debate
Here’s a note to everyone concerned with the tax issues that are playing a prominent role in the presidential election: U.S. taxpayers are paying more – and completely different – taxes than they realize. Most tax policy discussions dwell on three types of taxes: income tax,...
Read MoreGaming | Hospitality
Are We There Yet?: The road ahead for the hospitality industry and what it means
“Are we there yet?” Let’s face it, we’ve all heard that before on our way to that resort or hotel for our family vacation ― whether we asked it as children or listened as our own kids pleaded for an answer to the same question. But for those of us in the hotel business it...
Read MoreIntellectual Property
Fully Leveraging IP Assets: Recognizing opportunities to create new profit centers or innovative revenue streams.
R&D is woven into the fabric of our economy, yet it receives very little attention from business magazines, let alone the mainstream press. It might seem like an altogether forgotten part of the American industrial machine, but in 2013, R&D expenditures in the U.S. amounted to a staggering...
Read MorePartnership Audit Rules Revised Under 2015 Budget Act
The Bipartisan Budget Act of 2015 raises the federal debt ceiling and lifts mandatory spending caps on defense and domestic programs. It also makes sweeping changes to the rules for auditing partnerships. As a result of this legislation audits of master limited partnerships, investment funds and...
Read MoreAssigning Value Is More Than a Number: Proper valuations for S corporations and limited-liability companies have critical consequences
Determining the proper value of an ownership interest in a business is often a critical component of an attorney’s legal representation in connection with a marital dissolution, a business split-up, estate and gift planning, employee stock ownership plan (ESOP) transactions, mergers and...
Read More