As seen in the New England Real Estate Journal , June 17 – 23, 2016 edition. For those who negotiate construction contracts, we know some terms are much harder to negotiate than others (e.g., indemnity clauses, no damage for delay, warranties, assignment rights, etc.). Invariably, however, one of the toughest terms is the liquidated damage clause. In...
As seen in Providence Business News, June 17, 2016. Crossing your fingers and hoping you are not hit with a cyber attack is not the best line of defense for any business. Recent government enforcement actions, particularly in the financial-services industry, make it clear that hackers are not the only eyes scanning your security protocols and safeguards....
As seen in the New England Real Estate Journal , June 17 – 23, 2016 edition. For those who negotiate construction contracts, we know some terms are much harder to negotiate than others (e.g., indemnity clauses, no damage for delay, warranties, assignment rights, etc.). Invariably, however, one of the toughest terms is the liquidated damage clause. In...
Client AlertsProtecting Your Intellectual Property Rights When Buying or Selling a Business
June 10, 2016
As seen in the Providence Business News on June 10, 2016. Every business owns valuable intellectual property (IP) which should be protected. Unfortunately, the day-to-day rigors of running a successful business typically push IP protection to the bottom of the to-do list. If you are selling or buying a company, IP protection issues quickly become part of...
Client AlertsCorporate & BusinessIntellectual PropertyProtecting Your Intellectual Property Rights When Buying or Selling a Business
June 10, 2016
As seen in the Providence Business News on June 10, 2016. Every business owns valuable intellectual property (IP) which should be protected. Unfortunately, the day-to-day rigors of running a successful business typically push IP protection to the bottom of the to-do list. If you are selling or buying a company, IP protection issues quickly become part of...
As it appeared on May 26, 2016 on the ABA website, Section of Litigation Commercial & Business Practice Points. One question faced by creditors of a consumer debtor in bankruptcy is how to reach what is often their most valuable asset, their home. The Bankruptcy Code and state laws provide exemptions for property—or for up...
As it appeared on May 26, 2016 on the ABA website, Section of Litigation Commercial & Business Practice Points. One question faced by creditors of a consumer debtor in bankruptcy is how to reach what is often their most valuable asset, their home. The Bankruptcy Code and state laws provide exemptions for property—or for up...
Dawn broke a cheery red, vanquishing the shadows on Mohegan bluffs. Bull rakers were out in a placid Greenwich Cove. Yellow school buses, noisy with the exuberance of third graders, wound their way through the streets of Cumberland. RISD and Johnson & Wales students explored new food ideas. The commute on Route 95 slowed at...
Client AlertsEmployment & LaborDepartment of Labor Issues Final Changes to the Overtime Law
May 19, 2016
By Alicia J. Samolis and Michael A. Gamboli After announcing preliminary proposed rulings in June of 2015, and then receiving over 270,000 comments, the Department announced its Final Rule and final revisions to the Act on May 18, 2016 . Most importantly: The revisions go into effect on December 1, 2016. The minimum salary needed...
Client AlertsDo Go Chasing Waterfalls
May 11, 2016
C corporation taxpayers have their work cut out for them. New rules provide a fifty-two page guide on how to compute Rhode Island apportionment (or the slice of total income Rhode Island is able to tax), and require familiarity with several different “waterfall” methodologies. Apportionment is now entirely based on sales, and the rules have significantly changed...
