Lexology

Costco Charged $19.4M for Unauthorized Use of TIFFANY Trademark

USA - August 21 2017 A federal court in New York recently ruled that Costco Wholesale Corp. (“Costco”) owes Tiffany & Co. approximately $19.4 million dollars for selling…

Co-Executors’ Choice of Appraiser Upheld

USA - August 18 2017 In Heisinger v. Cleary, 150 A.3d 1136 (2016), the Supreme Court of Connecticut upheld the Co-Executors’ engagement of Management Professional Planning…

Beneficiary's Trust Interest Properly Taken for Beneficiary's Debts Under Modified Trust

USA - August 14 2017 In the Matter of Frei Irrevocable Trust dated October 29, 1996, 390 P.3d 646, is a 2017 decision by the Supreme Court of Nevada holding that a…

Eleventh Circuit Ruling Furthers Appellate Split on Title VII’s Protection for Sexual Orientation

USA - July 17 2017 On July 6, 2017, the Eleventh Circuit Court of Appeals became the latest circuit to weigh in on whether Title VII of the Civil Rights Act of 1964…

Kentucky Court of Appeals Renders Significant Decision in Probate Case

USA - July 14 2017 On June 9, 2017, the Kentucky Court of Appeals in Wolfe v. Young rendered a significant decision in a probate case by reversing a district court…

Options Beyond the Obvious: Royalty Financing for Start-Ups

USA - July 13 2017 Most business financing is either debt or equity. A third option is "royalty financing" or “revenue-based financing” where the debtor obtains a loan…

SCOTUS: Citizenship Cannot be Revoked for Immaterial Lies

USA - July 13 2017 On June 22, 2017, the United States Supreme Court held in Maslenjak v. United States that naturalized U.S. citizens cannot have their citizenship…

U.S. DOL Reinstates Wage and Hour Division Opinion Letter Process

USA - July 6 2017 The United States Department of Labor (DOL) recently reinstated the Wage and Hour Division opinion letter process, which ended about seven years ago…

IRS Grants Limited Portability Election Relief

USA - June 16 2017 In response to a flood of IRS Private Letter Ruling requests to extend the time for making the gift and estate tax exemption portability election for…

Independent Contractors and Joint Employment: Has Anything Really Changed?

USA - June 13 2017 On June 7, 2017, the Department of Labor (DOL) issued the following press release that withdrew previously issued “informal guidance” regarding…