Rhode Island -- September 17, 2019 -- Pannone Lopes Devereaux & O’Gara LLC (PLDO) announces that Katherine D. Bishop has joined the firm as Associate. Attorney Bishop focuses her practice on providing legal support across the firm’s practice areas, including as a...
PLDO Law Blog
Adam Greshowak
PLDO Attorney Bruce H. Tobey is a Featured Speaker at the Florida Water Environment Association Regional Seminar on “Understanding Collection Systems”
Rhode Island -- September 17, 2019 -- Pannone Lopes Devereaux & O’Gara LLC (PLDO) Of Counsel Bruce H. Tobey, a leading authority on water law and utility infrastructure technologies, is a featured speaker at the Florida Water Environment Association (FWEA)...
Pannone Lopes Devereaux & O’Gara and Citrin Cooperman Release Full Series of Cybersecurity for Business Podcasts in Preparation of National Cybersecurity Awareness Month
Rhode Island -- September 10, 2019 -- Pannone Lopes Devereaux & O'Gara LLC (PLDO) and Citrin Cooperman, a full-service assurance, tax and business advisory firm, announce the release of the final two episodes in their original six-part series of cybersecurity...
THE STRONG PRESUMPTION IN FAVOR OF ARBITRATORS’ AWARDS
The Rhode Island Supreme Court once again adhered to its long-standing precedent that arbitration awards will not be overturned but for exceptional circumstances. In ABC Building Corporation d/b/a Advanced Building Concepts v. Ropolo Family, LLC, the plaintiff-general...
HOW LIFE INSURANCE PROCEEDS COULD AFFECT A COMPANY’S VALUATION FOR ESTATE TAX PURPOSES
A recent case brought to light the impact that a stock-purchase agreement and life insurance proceeds may – or may not - have on the valuation of a closely held company for estate tax purposes. In this case that caused a split between the 8th and 11th Circuits, the...
HASTE MAKES WASTE . . . CASH THE CHECK.
One never knows what corner the grim reaper lies behind. A final illness can often accelerate quickly and deprive a donor of adequate time to complete gifts for tax purposes that he intended to make. In a recent federal court case, the Third Circuit Court of Appeals...
ATTENTION SNOWBIRDS: DO YOU PASS THE DOMICILE TEST?
“A person doesn't know how much he has to be thankful for until he has to pay taxes on it.” This anonymous quote is timely. It is rumored that the Rhode Island Division of Taxation (“the Division”) is reviewing its procedures for determining whether a Rhode Islander...
HOW CLOSELY HELD BUSINESSES CAN PREVENT MANAGEMENT DEADLOCKS
Differences in opinion on how to achieve a stated goal in a closely held business can lead to disputes that block the enterprise from moving forward. Closely held businesses are characterized by a limited number of shareholders and a lack of public trading. The...
WHY ESTATE PLANNING FOR BUSINESSES IS CRITICAL (NOT OPTIONAL)
Owning your own business can be extremely demanding. From your customers to your employees, there’s hardly enough time in the day. While most entrepreneurs are consumed by the day-to-day challenges of running their businesses, they often neglect the critical task of...
