New rules effective after Dec. 31, 2017, not only will affect clients, but also potentially the entity in which the law firm itself conducts business. Existing partnership instruments likely will need to be modified. Here’s what you need to know.
Several states have legalized the recreational or medical use of marijuana and their treasuries are seeing the benefits. Wisconsin is not one of them, yet. Federal law still criminalizes use of marijuana. Lawyers representing marijuana-related businesses must navigate conflicting state and federal laws to help their clients operate legally and reach full commercial potential.
Individuals who contemplate misappropriating or stealing intellectual property, take heed: the Defend Trade Secrets Act of 2016 significantly increases the potential costs and penalties of stealing trade secrets. Read how Wisconsin lawyers can use the Act to protect clients who own or use trade secrets.
Lawyers who practice “arts law” represent individuals and entertainment-industry businesses but also any business that uses visual images – and other types of creative works – on its products or as part of its marketing or advertising. This article identifies the key considerations for individuals who create art and businesses that buy, commission, or use visual images.
Craft beer is booming, but the industry remains highly regulated. From obtaining a license to open a brew pub to protecting trademarks, lawyers can assist clients navigating complex federal, state, and local laws, says Jeff Glazer.
Our state hosts more than 120 breweries. In this highly regulated industry, lawyers ensure that the brewery’s owners can legally mill, mash, boil, ferment, cap, chill, label, and sell the beer. This article looks at the web of laws regulating breweries and and untangles major legal issues confronting startup breweries in Wisconsin.
For players in the ever-expanding food and beverage market, health-related labels, the rise of craft breweries, and new food-safety laws require the assistance of savvy counsel. This article looks at food and beverage laws, giving a glimpse into the challenges and opportunities that face this dynamic industry.
Wisconsin’s bioscience industry is booming, creating opportunity, not just for the scientists that conduct bench research, but for lawyers, too. Read how lawyers serving the biotech arena are making an impact, what they’re doing, and how they got to where they are. There are many entry points to the field, and you don’t have to be a scientist to participate.
Laws protecting and rewarding employees or other individuals who report companies’ internal problems present risks of legal, financial, and business reputational costs and damage too large for all entities, even the smallest, to ignore. This article offers suggestions for managing risk based on the hard lessons learned by companies exposed to enforcement action.
The Internet marketplaces has changed the retail landscape, and many believe the time has come to update the sales tax treatment of e-commerce transactions crossing state lines. This article presents an overview of sales and use taxation, the current tax treatment of e-commerce transactions across state lines, and potential legislation and judicial action related to e-commerce retailers.
Defending a corporation and its board in shareholder litigation can be the equivalent of playing one football game on two (or more) different fields. Exclusive-venue provisions help corporations reduce the costs of lawsuits by restricting the number of forums. While such provisions have largely been a Delaware phenomenon, they also may benefit companies incorporated in Wisconsin.
Aug. 5, 2015 – Develop your practice with the Business School for Lawyers, and learn about the operations, financial management, marketing, and human resources concepts you need for successfully managing a law practice from a business perspective.
The business judgment rule – that directors are not liable for an honest mistake of business judgment – is both a rule of substantive law and often the source of procedural burdens that shareholders challenging a board of directors’ decision must overcome. The Wisconsin Supreme Court recently reinforced the doctrine, making clear that shareholder-plaintiffs must be ready from the moment they file to present plausible evidence of their right to relief.
April 1, 2015 – A legislative proposal dramatically reforms Wisconsin’s restrictive covenant statute and would impact the drafting, negotiation, and enforcement of restrictive covenants by Wisconsin attorneys in several important ways. Milwaukee labor and employment litigation attorney Daniel Finerty explains the legislation and its potential impact.
Both Congress and the Wisconsin Legislature have passed tax legislation giving incentives for investing in business enterprises and rewarding investors for those investments. Sometimes affirmative action is required; sometimes qualification is automatic. Find the details in Organizing a Wisconsin Business Corporation: Articles, Bylaws, and Other Forms, recently revised.
The former family owners of a dude ranch in Mauston, northwest of Wisconsin Dells, must pay the unpaid tax and tax avoidance penalties for selling the ranch through a sham transaction, a three-judge panel for the U.S. Court of Appeals for the Seventh Circuit has ruled.