Recently, the Maine Supreme Judicial Court affirmed an arbitrator’s award of $1.5 million to Xpress Natural Gas, LLC. The court upheld the
Maine will soon be getting a new nondepository trust company, Atlantic Trust, LLC. On March 18, 2016, the Maine Bureau of Financial Institutions
The Maine Superior Court held that the transfer of a motor vehicle from a majority owner of an LLC to the LLC was exempt from use tax. Me. Rev. Stat
In two decisions issued on the same day, the Maine Supreme Judicial Court has reached contrary conclusions on the taxability of aircraft purchased outside the state but used in Maine on more than a de minimis basis in the year following purchase.
On February 16th, the U.S. District Court for Maine dismissed most of a putative class action lawsuit stemming from allegedly improper home foreclosures.
In the first of what may become a new wave of consumer financial services class actions, several homeowners have sued GMAC Mortgage, LLC, for submitting allegedly false certifications of ownership and affidavits in connection with motions for summary judgment in residential foreclosure actions filed in Maine.
Today's Federal Register carries an announcement that Ocean Renewable Power Company, LLC has filed a Notice of Intent to file an application for an original license for a hydrokinetic pilot project proposed for state waters offshore Eastport, Maine.
In an effort to attract its first captive insurance company, Maine has enacted legislation to modernize its captive insurance laws originally adopted in 1997.