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HTMLPay me! The Tricky Business of Payment Allocation from Oil and Gas Royalties
Christopher William Capcara; McDonald Hopkins LLC;
Legal Alert/Article
May 23, 2016, previously published on March 8, 2016
Four and a half years ago, in August of 2011, you signed a five-year, paid-up oil and gas lease with Developer Co. covering your 100-acre farm. Late in 2015, you sold off the south half of your farm to two different people, Ann and Brian, in equal portions. Just last week, you received word from...

 

HTMLConnecticut: Lawmakers Drop Plan to Tax Yale's Endowment
McDonald Hopkins LLC;
Legal Alert/Article
May 20, 2016, previously published on April 14, 2016
In our March 31 Multistate Tax Update, we addressed a Connecticut legislation that would have taxed the endowment funds of independent institutions of higher education when the aggregate sum is $10 billion or more at the end of the taxable year. Yale, with its $25.6 billion fund, was the only...

 

HTMLMichigan: Treasury Department Used Wrong Definition in Determining Whether a Unified Business Group Existed
McDonald Hopkins LLC;
Legal Alert/Article
May 20, 2016, previously published on April 14, 2016
In the case LaBelle Management, Inc. v. Michigan Department of Treasury, decided March 31, 2016, the Michigan Court of Appeals reversed a trial court’s conclusion that three companies made up a unified business group in accordance with the federal income tax definition of constructive...

 

HTMLOhio: Gov. Kasich “Always Looking to Cut Taxes”
McDonald Hopkins LLC;
Legal Alert/Article
May 20, 2016, previously published on April 14, 2016
When Gov. John Kasich gave his sixth state of the state speech last week, the Columbus Dispatch noticed that he offered a hopeful message, but few new ideas. The governor pointed out in his speech that “just five short years ago,” Ohio faced an $8 billion deficit, and that “our...

 

HTMLPennsylvania: Philadelphia Attempts to Exclude Tax Inversion Companies from City Contracts
McDonald Hopkins LLC;
Legal Alert/Article
May 20, 2016, previously published on April 14, 2016
Philadelphia City Council president Darrell L. Clarke has introduced an ordinance that would bar the city of Philadelphia from “entering into contracts with companies that hide overseas to avoid paying U.S. taxes.” More specifically, as a prerequisite to the execution of any city...

 

HTMLHillary Clinton on Fracking
Michael W. Wise; McDonald Hopkins LLC;
Legal Alert/Article
May 16, 2016, previously published on March 9, 2016
This past Sunday night the two Democratic candidates debated in Flint, Michigan. For I believe the first time this election cycle, the two candidates were asked directly about fracking. As you may know, I have written a series of articles touting the benefits of fracking and how it has led to...

 

HTMLMandatory Sick Leave Is About To Become A Reality for Federal Contractors
James J. Boutrous; McDonald Hopkins LLC;
Legal Alert/Article
May 16, 2016, previously published on March 10, 2016
We have been monitoring the progress of Executive Order 13706, which requires certain federal contractors to provide qualifying employees with at least seven days of paid sick leave per year. Well, on February 25, 2016, the U.S. Department of Labor proposed new rules to implement this Order. These...

 

HTMLNew FLSA Regs Are On the Move... And Employers Should Be Too?
Miriam L. Rosen; McDonald Hopkins LLC;
Legal Alert/Article
May 16, 2016, previously published on March 17, 2016
Welcome back to the journey of the new FLSA “White Collar” regulations. To return to our story:

 

HTMLFourth DCA Issues Two Arbitration Opinions
Christopher B. Hopkins; McDonald Hopkins LLC;
Legal Alert/Article
May 16, 2016, previously published on April 22, 2016
The Fourth District Court of Appeal rendered two arbitration opinions on February 3, 2016:

 

HTMLShale Energy Continues Steady Growth in Ohio
Beth I. Gillin; McDonald Hopkins LLC;
Legal Alert/Article
May 16, 2016, previously published on March 7, 2016
Good news for the shale industry in Ohio.

 


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