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|The Basics of Profits Interests|
Benjamin D. Panter; McDonald Hopkins LLC;
November 28, 2016, previously published on November 18, 2016Business owners and investors alike often use a profits interest grant (an equity-based incentive award) as a means to incentivize employees and protect the owners/investors’ interests in a company. Many politicians view the use of profits interest as a tax loophole that should be closed....
|Ninth Circuit Abandons Entz-White: Default-Rate Interest Required to Cure and Reinstate Secured Debt Under Chapter 11 Plan|
Bruce Bennett, Monika S. Wiener; Jones Day;
November 25, 2016, previously published on November 2016In 1994, Congress amended the Bankruptcy Code to add section 1123(d), which provides that, if a chapter 11 plan proposes to "cure" a default under a contract, the cure amount must be determined in accordance with the underlying agreement and applicable nonbankruptcy law. Since then, a...
|Human Capital: Start A Mentoring Program!|
Steven J. Krisfalusy, Guest Perspectives; McDonald Hopkins LLC;
November 25, 2016, previously published on November 7, 2016We all well know that mentoring is one of the few methods that consistently produces the best results for people development. Time (centuries) tested.
|What To Consider When Choosing a Law Firm|
Rhoads Sinon LLP;
November 24, 2016, previously published on November 4, 2016At some point or another, most everyone needs to hire a lawyer, whether on an individual or company basis. It’s important to have the matter handled correctly by a professional who provides the highest caliber of legal services with accuracy, integrity and success, particularly if you have a...
Yourself to Attract, Retain and Motivate|
Benjamin D. Panter; McDonald Hopkins LLC;
November 24, 2016, previously published on October 19, 2016In order to succeed in any industry, companies must find ways to attract, retain and motivate their employees. While traditional cash-based incentive plans may work for some companies, equity-based compensation creates very effective and strategic possibilities. For small business owners, however,...
|Federal Court Upholds Volvo’s Auto Dealer Bonus Program|
Scott N. Opincar; McDonald Hopkins LLC;
November 24, 2016, previously published on November 11, 2016Volvo Cars of North America’s auto dealer incentive program did not constitute an improper discriminatory pricing program, according to a ruling by U.S. District Judge George C. Smith of the U.S. District Court for the Southern District of Ohio, Eastern Division on August 25, 2016.
|“Secret” Agent: A Person with Apparent Authority Can Bind Another Even to Unknown Deal|
Anthony L. Leccese; Rudolph Friedmann LLP;
November 24, 2016, previously published on November 16, 2016An agency relationship arises when one person (a “principal”) indicates by written or spoken words or other conduct that another person (an “agent”) has authority to act on the principal’s behalf and the agent consents so to act. Apparent authority is the power held by...
|Brexit: UK Government will Implement General Data Protection Regulation|
Luke Dixon; Greenberg Traurig Maher LLP;
November 24, 2016, previously published on November 10, 2016The UK government has confirmed that the UK will implement the General Data Protection Regulation (GDPR).
|Perfecting Construction Liens for General Contractors|
Meissner Tierney Fisher Nichols S.C.;
November 21, 2016, previously published on November 2016The requirements that a general contractor must follow to properly perfect a construction lien are unforgiving and can be confusing. It is critical that the general contractor understand the applicable notices that they must give to the owner, the contents of such notices and, perhaps most...
|Court of Appeal Victory Preserves Justice|
Christopher Coffin, Tatiana Menshenina; Withers Bergman LLP;
November 21, 2016, previously published on November 15, 2016Our client, Salim Shalabayev, was a witness in contempt proceedings against his brother-in-law, Mr Ablyazov. He was present to give evidence that he beneficially owned a property in North West London (the 'Property') and that it was not the property of Mr Ablyazov, who was the subject of large...