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The Gimme – Negotiated Procurements

This content has been archived. It may no longer be relevant   For negotiated procurements (under FAR Part 15), a procuring agency is required to provide disappointed offerors a debriefing with key information regarding the award and evaluation of proposals, if the debriefing was requested in writing within three days of the notice of award….

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The Legal Dose: U.S. Cannabis – Companies With Access to Banking

Many plant touching and ancillary businesses in the cannabis industry now utilize banking services from traditional banks. It is unclear how many plant touching and/or ancillary businesses self-report their involvement in the cannabis industry when opening accounts, but those banking establishments willing to provide financial services to cannabis operations charge enhanced premiums for the privilege….

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Law School Admission Test Changing

The required test for admission to most law schools is going electronic. The Law School Admission Council (LSAC) announced recently that in January 2019 the exam will be completely administered via electronic tablet. This change is remarkable given the LSAT’s long history of testing by paper. LSAC contends that test-takers will be able to receive…

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Good Scout

Last Friday, Cole Schnorf was named the Good Scout for 2018. Cole was introduced by his 4 children, each of whom shared personal anecdotes about their Dad.  He is a man of routine, of structure, of discipline, and pretty fun in the outdoors.   He is currently the COO and Director of Development with Manekin, LLC….

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Proving “Lost Profits” Damages | Part 3

So far, I have talked about profits lost as “consequential” and “general” damages. If you are just joining in, take a look at part one and part two here. Lost Profits as “General” Damages Although “lost profits” that are consequential damages are often difficult (if not impossible) to establish, proving lost profits that are “general”…

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Thinking About Hiding Money From The IRS In Offshore Bank Accounts? Don’t Go There!

The US Department of Justice this week announced that a US resident faces three years in prison and fines after pleading guilty to hiding $2.4 million in offshore bank accounts. US citizens and permanent legal residents are required to file a Report of Foreign Bank and Financial Accounts (FBAR) disclosing any account or financial interest…

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Executive Alliance

800 women gathered, yes, I said 800, on Tuesday for the Executive Alliance 25th Annual Women of Excellence dinner at Martin’s West. Beth Comstock, former vice chair and chief marketing officer of General Electric, and author of “Imagine It Forward:  Courage, Creativity, and the Power of Change,” shared the story of her 25- year effort…

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The Weekly Scenario: What Is An Incentive Trust?

Question: What is an incentive trust? Answer: Incentive trusts are in large part what they sound like; namely, trusts that give beneficiaries an incentive to act, or not act, in a particular way. I find that interest in these types of trusts, in general, arise from people who want to ensure the well being of a…

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Read Delete: Bureaucracy Busters

The World Bank has released its annual report ranking the best places to do business. New Zealand remained at the top this year after making it cheaper to set up a company. The U.K. fell on the list after negotiating an exit from the European Union. The rankings were assessed based on the ease and…

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Saturday Side Hustle: Structuring Your Food Business – Part 3

If you’re just joining us, read part one and part two here. Lawyers are conditioned from shortly after the time they begin law school to start thinking in terms of contingencies: i.e., what might happen in the future, and what to do about it if it does. We were all put on the spot and…

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