The phrase, “piercing the corporate veil,” relates to a circumstance in which a claimant is attempting to hold individuals (shareholders or members) liable for the debts and/or obligations of the entity. This issue is also confronted in a parent-subsidiary structure...
Business succession planning should be part of the overall business development strategy of any enterprise. Leaving it until it is too late may have negative consequences to the future of the business. Important considerations and options for successfully transferring...
Cannabis industry watchers can expect that the tale of New England Treatment Access (NETA) - one of Massachusetts’ first registered marijuana dispensaries and a predominant player in the Commonwealth’s burgeoning recreational marketplace – leading to its sale to a...
Feeling the pressure from other New England states that have already implemented recreational marijuana programs or have signaled they will do so shortly, Rhode Island Governor Gina Raimondo announced that her administration will be introducing legislation this...
The rapid rise of Artificial Intelligence (AI) in the workplace is outpacing our ability to keep up with it. For example, companies are struggling whether and how to allow employees to use ChatGPT at work given the numerous privacy and security risks posed by this new...
While Florida Governor Ron DeSantis has made clear his opposition to legalizing recreational cannabis use in Florida, trends certainly seem like they are going in that direction. For example, in April, the state doubled the number of licenses available to cultivators...
As part of the 2023 legislative session, the Rhode Island General Assembly passed numerous laws, all with varying degrees of impact on zoning and land use issues. One such bill changes the standard by which municipal zoning boards judge applications for a dimensional...
IRS Commissioner Werfel has continued the theme from the Dirty Dozen list published in early 2023 to promulgate regulations regarding monetized installment sales. This particular brand of transaction has been marketed to high income individuals with the promise of a...
A recent article published by Harvard Business Review outlines the importance of distinguishing between merit compensation and inheritance.1 In most family businesses, the second generation inherit positions and compensation, which is usually a formula for disaster....
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Work with our experienced team of lawyers. Call 866-353-3310 or email us today to
schedule a consultation.
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