Rhode Island's Public Finance Management Board (PFMB), the agency tasked with overseeing public debt in the State, approved amendments to its rules and regulations in response to recent statutory changes that will impact future borrowing by state agencies and local...
PLDO Law Blog
Firm News
Are you Covered by a “Sufficiently Specific” Indemnity Clause?
In a recent Rhode Island Superior Court case, the court once again addressed the question of whether a contractual indemnity clause was "sufficiently specific" to be enforceable. The case arose out of a situation wherein a nursing home had contracted for a landscaping...
RI Superior Court Reverses Zoning Board Decision that Licensed Growing of Medical Marijuana Violated Local Zoning Ordinances
The Rhode Island Superior Court recently reversed a South Kingstown Zoning Board decision after the Board erroneously found that a licensed medical marijuana grow operation constituted "agricultural products manufacturing" and was not allowed in the Town's commercial...
Proposed 2704 Regulations May Have Substantial Impact on Estate Planning
Proposed 2704 Regulations, as they are now drafted, would make vast and substantial changes to the valuation of interests in many family-controlled entities, such as a Family Limited Partnership (FLP) or Limited Liability Company (LLC), for purposes of estate, gift,...
IS 2021 THE YEAR FOR RHODE ISLAND? SMOKE SIGNALS POINT TO CANNABIS ADULT USE LICENSING
In 2017, the State of Rhode Island expanded its medical marijuana program by creating a licensing process for the cultivation and manufacturing of cannabis and cannabis products for sale at the State’s three sanctioned compassion centers. By all accounts – industry...
A “NATURAL DISASTER” – THE PANDEMIC’S IMPACT ON CONTRACTS
Early in the COVID-19 pandemic, we wrote about the legal concept of “force majeure” clauses found in some business contracts. A force majeure clause excuses a party from performing its obligations under a contract based upon some unforeseen and serious event such as a...
IMPORTANCE OF CORPORATE GOVERNANCE DURING THE PANDEMIC
It is widely recognized that the system of corporate governance is a key approach to preserving and protecting an enterprise and its stakeholders by checks and balances among the board and officers of a corporation. Strong governance policies make it possible to...
IS 2021 THE YEAR FOR RHODE ISLAND? SMOKE SIGNALS POINT TO CANNABIS ADULT USE LICENSING
In 2017, the State of Rhode Island expanded its medical marijuana program by creating a licensing process for the cultivation and manufacturing of cannabis and cannabis products for sale at the State’s three sanctioned compassion centers. By all accounts – industry...
Cyber Security in a COVID-19 World
A recently published article by the Harvard Law School Forum provides valuable insight to the multiple challenges being faced due to the pandemic. Although businesses have readily discussed the actions to be taken in the event of a pandemic, the scope of challenges...