-
Archives
- September 2024
- August 2024
- June 2024
- April 2024
- March 2024
- January 2024
- December 2023
- November 2023
- October 2023
- September 2023
- August 2023
- July 2023
- June 2023
- May 2023
- April 2023
- November 2022
- September 2022
- July 2022
- June 2022
- April 2022
- March 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- November 2019
- October 2019
- September 2019
- August 2019
- July 2019
- June 2019
- May 2019
- April 2019
- March 2019
- February 2019
- January 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- August 2016
- July 2016
- June 2016
- May 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- July 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- December 2012
- November 2012
- October 2012
- September 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- November 2010
- October 2010
- September 2010
- May 2010
-
Meta
Author Archives: admin
Changes in Cannabis Banking: What You Need to Know
Posted by Kevin Merritt
Since medical marijuana became legal in Arizona in 2010, operators in the industry have faced significant challenges in cash management and banking. At the time, effectively every financial institution refused to provide any services, since marijuana is still a Schedule 1 prohibited substance under federal law, with stiff penalties for possession, distribution and sale. As the result of that classification, every financial transaction involving the proceeds of the cannabis industry can arguably be considered money laundering under federal law. Times are changing, however…
As the legal landscape across the country has evolved, with 33 states now allowing either medical or recreational use of cannabis, the banking industry is starting to follow suit.
Posted in News, Creditor’s Rights & Bankruptcy, Cannabis Law
Comments Off on Changes in Cannabis Banking: What You Need to Know
Opportunity Zones: New Guidance from the IRS
Posted by Chris Raddatz
The Internal Revenue Service (IRS) released its second batch of guidance late last month regarding “opportunity zones.” Opportunity Zones were created as part of the Tax Cuts and Jobs Act of 2017 to incentivize investment in designated, economically distressed communities. The 169 pages of proposed regulations provide additional guidance to investors, fund managers and others seeking to bring equity capital to operating and real estate businesses within the OZs.
While many investors and fund managers have been active in investing in the OZs, the lack of regulatory guidance has somewhat limited the activity, especially as to operating businesses (versus real estate investment).
Posted in News, Real Estate, Land Use
Comments Off on Opportunity Zones: New Guidance from the IRS
Gammage & Burnham Ranked in Chambers USA 2019
Gammage & Burnham is pleased to announce that Chambers USA 2019: America’s Leading Lawyers for Business has ranked six of the firm’s attorneys and our largest practice group among the best in the U.S.
Chambers and Partners, which produces “Chambers USA,” is a client referral organization that researches and subjectively ranks attorneys and law firm practice groups nationwide. It ranks firms and lawyers who are considered leaders in their profession.
The firm earned rankings in two of its core areas:
Zoning/Land Use (Band 1) and Real Estate (Band 2*).
Posted in News, Real Estate, Land Use, Recognition
Comments Off on Gammage & Burnham Ranked in Chambers USA 2019
DOL Again Proposes New Salary Requirement for Exempt Employees
Posted by Rick Mahrle
The Department of Labor (“DOL”) has proposed a new federal overtime rule that would raise the salary requirement for workers who qualify for the white-collar exemptions. The required salary would be raised from $23,660 to $35,308 per year ($679 a week).
If this feels like déjà vu, there is good reason. In 2016, the DOL approved a rule increasing the salary threshold to $47,476. That rule was blocked by a court in Texas. As a result of the Texas court’s 2016 ruling, the salary requirement remained at $23,660 per year ($455 per week).
Posted in Litigation & Alternative Dispute Resolution, Newsletter + Legal Alerts
Comments Off on DOL Again Proposes New Salary Requirement for Exempt Employees
Gammage & Burnham Attorneys Named 2019 Southwest Super Lawyers
Gammage & Burnham is proud to announce that eight attorneys have been named by Southwest Super Lawyers® magazine as being among the top attorneys in Arizona for 2019. Additionally, two attorneys were named to the 2019 Southwest Rising Stars list.
Super Lawyers®, a Thomson Reuters business, is a rating service that recognizes outstanding lawyers who have gained a high degree of peer recognition and professional achievement. Statewide selections are made annually using a multi-phased process that includes independent peer nominations, peer evaluations, and research. No more than five percent of total lawyers in a state are selected for inclusion in Super Lawyers.
Posted in News, Recognition
Comments Off on Gammage & Burnham Attorneys Named 2019 Southwest Super Lawyers
