Employee stock ownership plans (ESOPs) can be a wonderful tool. They allow employees to share in the employer’s stock growth, put employer stock in (presumably) friendly hands, permit tax-advantaged payback of an ESOP loan and ESOP distributions, and allow...
Landlords may agree to reduce the required security deposit amounts over the course of the lease for non-defaulting creditworthy tenants. To allow for this reduction, burndown provisions are included in commercial leases. Check out this security deposit clause...
Noticed a slowdown in M&A activity this year? You are not alone! According to Market Standards, public M&A filings in the first half of 2023 for transactions valued at $10M or more are down a whopping 47% for the same time period in 2022. This begs the...
What are the current conditions for union organizing in America? What is the recent legal environment regarding union organizing? And has there been a perfect storm for union organizing at this time? For answers, watch the first video in Practical Guidance’s...
The investment landscape surrounding AI is experiencing remarkable growth with the increasing prevalence of this transformative technology. Given the dynamic, revolutionary nature of AI, AI-related investments present unique cost-benefit and risk considerations...
Learn about the significant pushback against Environmental, Social, and Governance (ESG) policies following ESG’s rise in recent years, both internationally and in the United States. Read now » Related Content ESG: The New Corporate Conscience...
Advise clients on how to comply with the federal Information Blocking Rule, 45 C.F.R. pt. 171. Do not assume your (or your client’s) healthcare organization’s electronic medical records (EMR) vendor will sufficiently address all of the rule’s...
Federal banking agencies recently issued proposed changes to regulatory capital requirements for banks and bank holding companies. The proposal seeks to implement stronger capital and liquidity requirements to align more fully with risks and to implement the changes...
Check out this new video discussing the initial considerations that lenders and their counsel should take into account before entering into a cross-border lending transaction. Cross-border lending refers to any financing that spans international jurisdictions and...
The SECURE 2.0 Act of 2022 (Division T of Pub. L. No. 117-328 ), or SECURE 2.0, includes provisions that take effect in 2024 and 2025. For example, 401(k) and 403(b) plans have been permitted to include salary deferral catch-up contributions for more than 20 years...
As promised, the Federal Trade Commission (FTC) has taken action against privacy violations involving children’s data, most recently including its allegations and hefty fines against Amazon Alexa and Microsoft. Stay on top of enforcement actions and their...
Watch this video on franchising and learn about important terms and points of consideration when drafting a franchise agreement. Watch now » Related Content Franchise Agreement (Unit Franchise) Use this template agreement to grant a license to operate...
The American Arbitration Association (AAA) is the most used forum for the arbitration of construction disputes. Learn about procedures for and rules governing AAA arbitration of a construction dispute and find out how AAA arbitrations are conducted using video...
The growing impact of climate change upon the businesses and finances of public companies is increasing the need for public companies to specifically address climate change in their periodic disclosures and offering documents. Read this practice note for a look...
Three of the most important words in a lawyer's lexicon are "book of business." And contrary to a common belief, there is no set personality type for a rainmaker. Even if you’d rather avoid the golf course, it is still possible to build a large...