In 2021, the London Interbank Offered Rate – the benchmark reference rate that underpinned hundreds of trillions of dollars of finance contracts for three decades – will no longer be used. Patricia Lane and Louis Wahl IV discuss the cessation of what has been called “the world’s most important number,” and offer recommendations for addressing its cessation in credit agreements, securities, and other finance contracts.
The Tax Cuts and Jobs Act of 2017 contained a powerful new tax incentive, albeit one of limited duration, intended to funnel capital to distressed communities. Michael Lokensgard discusses the details of investing realized capital gains into Qualified Opportunity Zones – census tracts that meet the U.S. Treasury Department’s definition of “low income.”
When companies manufacture products in foreign markets, they need to adapt to the ever-changing global trade environment. Ngosong Fonkem’s recent data analysis of country-of-origin determination cases by the U.S. Custom and Border Protection reveals key factors for companies seeking to make the most of trade preference programs.
Feb. 1, 2011, marked a change in Wisconsin products liability law, including for the liability of a seller or distributor in a products liability case. Michael Gill and Craig Steger discuss the tactics and considerations for both plaintiffs and defendants when handling products liability claims against sellers and distributors in Wisconsin.
Obtaining a credit card or consumer loan as a married individual in Wisconsin actually requires compliance with multiple and complex areas of law. MaiVue Xiong discusses the framework lenders need to comply with obtaining and reporting credit, and the potential ramifications married consumers should know in Wisconsin.
In Severson v. Heartland Woodcraft, the Seventh Circuit Court of Appeals held that an employee needing an extended leave of two or more months for treatment of a disability is not protected by the Americans with Disabilities Act. The author summarizes the parties' arguments and the three-judge panel's decision.
When drafting a contract to sell or purchase a business, attorneys often use the form “WB-17 Offer to Purchase – Business Without Real Estate” from the Wisconsin Department of Regulation and Licensing. J. William Boucher discusses important addendums to suit the needs of buyers or sellers when using the form.
Signs, social media, elections, and wedding cakes: all can convey facts or opinions and all have played a role in seminal U.S. Supreme Court First Amendment pronouncements in the 21st century.
Whistleblowers play a vital role in calling attention to bad behavior and trying to prevent its recurrence. The author, himself a whistleblower, explains their motivations and risks and costs of their behavior and beliefs, and provides tips for how best to represent whistleblowers.
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.