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HTMLMore Ammunition in Defending Against Preference Claims
Jayson B. Ruff; McDonald Hopkins LLC;
Legal Alert/Article
November 11, 2014, previously published on October 30, 2014
11 U.S.C. § 547 gives a bankruptcy trustee or debtor in possession strong powers in avoiding transfers made by the bankrupt debtor within the 90-day period prior to the debtor's bankruptcy filing. I am sure there are many creditors who have had the unpleasant experience of receiving a letter...

 

HTMLWaiting to Analyze Your Data Vulnerabilities? Do So at Your Own Risk
Richard H. Blake; McDonald Hopkins LLC;
Legal Alert/Article
November 11, 2014, previously published on October 28, 2014
Still debating whether to conduct a serious analysis of your company’s data security vulnerabilities? Well, consider this...

 

HTMLStates Attempt to Combat Cigarette Trafficking Spurred by High Tax Rates
David M. Kall, Susan Millradt McGlone; McDonald Hopkins LLC;
Legal Alert/Article
November 11, 2014, previously published on November 6, 2014
In our Oct. 23, 2014 Multistate Tax Update, we wrote about Minnesota’s plans to increase its cigarette tax in 2015, and the potential rise in cigarette smuggling. Minnesota is not the only state struggling to combat the ill effects of this black market. Earlier this year, Bloomberg.com...

 

HTMLOhio: The Tax Foundation Rates Ohio's Business Taxes as “Business Unfriendly”
David M. Kall, Susan Millradt McGlone; McDonald Hopkins LLC;
Legal Alert/Article
November 11, 2014, previously published on November 6, 2014
As we recounted recently, Gov. Kasich signed House Bill 483 (HB 483) over the summer, authorizing tax cuts and new tax relief for low and middle income Ohioans, among other things. It did so by cutting small business taxes in half and accelerating the 10 percent personal income tax reduction...

 

HTMLThe Department of Energy Invests in Coal Gasification Research
Kathleen Jayne Sanz; McDonald Hopkins LLC;
Legal Alert/Article
November 11, 2014, previously published on November 10, 2014
The Department of Energy has invested approximately $16 million in each of four next-generation gasification systems that also reduce greenhouse gas emissions. Gasification plants of this nature have the potential to improve power generation efficiency over conventional coal-fired plants. The...

 

HTMLMichigan: Professional Gambler Allowed to Deduct Her Gambling Losses
David M. Kall, Susan Millradt McGlone; McDonald Hopkins LLC;
Legal Alert/Article
November 11, 2014, previously published on October 30, 2014
In 2012, national gross gaming revenues reached $37 billion, the second-highest annual total behind only 2007 (just before the recession hit), according to the 2013 State of the States report by the American Gaming Institute (AGA report). Companies returned $8.6 billion in taxes to state and local...

 

HTMLOhio Statewide Election Results Anticlimactic, Speculation Begins
Rebecca M. Kuhns, Aaron M. Ockerman, Todd A. Snitchler; McDonald Hopkins LLC;
Legal Alert/Article
November 11, 2014, previously published on November 5, 2014
In what amounted to an anticlimactic night, all of the Ohio statewide offices remained in Republican hands by wide margins of victory. In the Governor’s race, which seemingly had been decided after the campaign of Ed FitzGerald imploded in August, the only thing in question was the final...

 

HTMLElections and Energy: The Next Two Years Look to be a "Cold War"
Michael W. Wise; McDonald Hopkins LLC;
Legal Alert/Article
November 11, 2014, previously published on November 7, 2014
For Obama, there have been two convincing presidential victories; for the Democratic Party, electoral ruin at every other level. On Tuesday (assuming the most likely final outcome), the largest Democratic Senate losses since 1980. The ranks of moderate Democrats ¿ including Mark Pryor, Mark...

 

Adobe PDFThe IRS Announces New Retirement Plan Limitations for 2015
Antoinette M. Pilzner, Dale R. Vlasek, John M. Wirtshafter; McDonald Hopkins LLC;
Legal Alert/Article
November 11, 2014, previously published on October 23, 2014
On October 23, 2014, the IRS announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for the Tax Year 2015. Many of the limitations have changed from the limits that are in place for 2014.

 

HTMLTexas Follows Ohio Lead Requiring Seismic Information for Injection Well Applications
Theodore J. Esborn; McDonald Hopkins LLC;
Legal Alert/Article
November 11, 2014, previously published on October 31, 2014
On October 28, 2014, the Texas Railroad Commission adopted new rules requiring oil and gas companies to include seismic data for areas where they are proposing to drill fracking waste disposal injection wells. The data required must include a printed copy or screen shot of the seismic data for the...

 


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