Law Firm Alliance

News, Insights & Events

Many of the attorneys in the Law Firm Alliance author articles and thought leadership pieces on important topics and trends covering a wide variety of practices.  

While these articles are correct on matters of law when they are produced, verdicts, rulings, legislation and other actions may affect the applicability of some of the information. Please consult your legal advisor before making decisions on the information you read here.

Articles

European Privacy Regulation Will Impact U.S. Health Care Organizations

May 2018
Health Care
Tracy E. Miller, Robert W. Patterson, Lisa A. Christensen
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Will Your Business be in Compliance with the General Data Protection Regulation (GDPR)?

May 2018
Business and Cybersecurity
Sara C. Temes and Lisa A. Christensen
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What Could Go Wrong?

April 24, 2018
The Importance of Business Succession Planning
Merrill Jones & Zach Lamb, Ward and Smith Business Alert

Most business owners expect that their company will continue to operate after they stop working. However, successfully transitioning control of a business rarely occurs without thoughtful planning. Consideration must be given to the needs of the business as well as the personal needs of the business owner and the business owner’s family. Typically, a business owner must utilize a team of advisors such as attorneys, accountants, and financial advisors to develop and implement a plan that achieves the owner's desired goals.


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Look Before You Sign … the Pitfalls of Personal Guaranties

April 24, 2018
Thomas Wolff, Ward and Smith Creditors' Rights Alert

Limited liability protections afforded by various corporate, limited liability, or limited partnership laws normally insulate business owners from personal liability for their business's debts. However, lenders routinely require a small business owner to sign a personal guaranty as a condition for a commercial loan to the business entity, essentially circumventing the statutory protection against personal liability.


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Focus on Military Readiness Means More Construction Work on Military Bases

April 24, 2018
Are Contractors Ready to Compete and Perform?
Jamie Norment, Ward and Smith Construction Alert

Readiness is not as exciting as futuristic weapons systems or as dramatic as battle. Instead, readiness focuses on the military's more mundane, but essential, ability to train, house troops, repair equipment, and plan for mobilization. Readiness undergirds the core ability of the military to defend the United States. We are seeing a new emphasis on readiness.


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USDOL Releases New FLSA Guidance for Higher Education Institutions

April 2018
Labor and Employment Law
Bond, Schoeneck & King, PLLC
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U.S. Supreme Court Rejects Narrow Construction of FLSA Exemptions

April 2018
Labor and Employment Law
Subhash Viswanathan, Stephanie Fedorka
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Can I Secure a Loan with Bitcoin? Part I

April 5, 2018
Lance P. Martin, Ward and Smith Creditors' Rights

If virtual currencies continue to grow in popularity, it's only a matter of time before borrowers offer to pledge virtual currency as collateral for loans. This article does not advise lenders on whether they should secure loans with virtual currency, but instead it focuses on whether a lender can use the familiar tools of Article 9 of the Uniform Commercial Code ("UCC") to create and perfect a security interest in bitcoin.


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Can I Secure A Loan with Bitcoin? Part II

April 5, 2018
Lance P. Martin, Ward and Smith Creditors' Rights

Because bitcoin is likely a general intangible under Article 9, lenders cannot be certain that bitcoin is not encumbered with other security interests before being pledged by the holder. And the nature of bitcoin means it is nearly impossible for a lender to exercise “control” over bitcoin for default and repossession purposes.


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