Posts tagged “TechLaw”

October 14, 2015

Premium Lock Can't find enough cash flow in the stock market? Maybe a "triple-net lease" is your answer

Ward and Smith, P.A.   TechLaw: Are you looking for an investment that produces reasonable cash flows with relatively little active involvement? For many investors, the advantages of investing in real estate associated with a "Triple Net Lease" or "NNN lease" are appealing.

Tags: TechLaw
September 30, 2015

Premium Lock NC Data Centers Act extends tax benefits to multi-tenant facilities

Sentinel Data Centers The new North Carolina Data Centers Act, signed into law Wednesday morning extends the tax benefits available to single owners such as Google, Apple or Amazon to multi-tenant facilities where combined investment reaches $75 million.

Updated September 18, 2015

Premium Lock Atlantic Coast Pipeline could lower energy costs, create jobs

New Duke Energy logo Atlantic Coast Pipeline has formally applied to the Federal Energy Regulatory Commission for permission to build a 564-mile interstate natural gas transmission pipeline. Duke Energy and Piedmont Natural Gas are among the four companies that will build and own the pipeline research says would save energy costs and create jobs.

Updated September 15, 2015

Premium Lock North Carolina in top ten for favorable litigation climate

state litigation climate survey North Carolina in the top ten among states viewed as having a favorable litigation environment, coming in at number 7, according to a survey by the U.S. Chamber Institute for Legal Reform. The state's ranking is up from number 13 previously.,

Tags: TechLaw
Updated September 11, 2015

Premium Lock Ignoring risk management endangers firms, study says

CGMA If you don't have formal risk management processes in place, you're putting your business in danger, according to new CGMA report, "Global State of Enterprise Risk Oversight,'" conducted by the Enterprise Risk Management Iniiative at NC State University. It suggests steps to take.

September 2, 2015

Premium Lock So you have a judgment ... Now what?

Ward and Smith, P.A.   TechLaw: Success in court can often lead to the entry of a monetary judgment in your favor. But the judgment itself is only a piece of paper establishing your right to payment. So, how do you collect?

Tags: TechLaw
August 19, 2015

Premium Lock White collars turning blue? Possible impact on employers of proposed revisions to regulations governing overtime pay for 'white collar' workers

Ward and Smith, P.A.   TechLaw: The Department of Labor has proposed rules to dramatically limit the ability of employers to classify "white collar" employees as exempt from overtime pay requirements.

August 5, 2015

Premium Lock Retention elections: General Assembly creates a new way for voters to elect incumbent justices of NC Supreme Court

Ward and Smith, P.A.   In June, Governor Pat McCrory signed into law new legislation entitled "An Act Allowing Voters to Elect, and Then Retain, Justices of the North Carolina Supreme Court for Election"("Act"). The Act heralds a new day in the election of North Carolina Supreme Court Justices.

Tags: TechLaw
July 24, 2015

Premium Lock Could Twitter stop the next terrorist attack?

Twitter Social media giants including Twitter, Yahoo, Facebook and Google are pushing back against Senate legislation that would require them to alert federal authorities of any terrorist activity, according to industry and government officials.

July 22, 2015

Premium Lock Unpaid Interns: Does the law actually require that they be paid for their work?

Ward and Smith, P.A.   TechLaw: Do you have students and recent graduates eager to learn about your company and industry just to get a leg up for future employment prospects? Did you know that unless you are careful, you may have to pay them even if they are willing to work for free?

Updated July 14, 2015

Premium Lock Amazon accused of antitrust violations; Firefox blocks Flash; Undercover Colors testing; BioDelivery Sciences VP named

Bulldog In today's Bulldog Update of technology news: Amazon accused of antitrust violations; Firefox disables Flash; Undercover Colors testing drug detecting nail polish; BioDelivery Sciences names VP; Liquidia names COO.

July 13, 2015

Premium Lock Silicon Valley firm takes court disputes online

Colin Rule, CEO of Modria Imagine working out a divorce without hiring an attorney or stepping into court or disputing the tax assessment on your home completely online. A Silicon Valley company is starting to make both possibilities a reality

July 8, 2015

Premium Lock Unraveling the mystery of phantom stock

Ward and Smith, P.A.   TechLaw: Before you decide to part ways with equity ownership in your business to get, retain, or motivate key employees, you should consider the options and benefits that a phantom stock plan can provide to both your business and your employees.

Tags: TechLaw
June 24, 2015

Premium Lock Do you hear what I hear? A child's perspective

Ward and Smith, P.A.   TechLaw: When does it matter and how do I get a judge to consider the child's wishes when it comes to determining custody?

Tags: TechLaw
June 10, 2015

Premium Lock The I's Have It: Immunity, indemnification, and insurance for nonprofit directors

Ward and Smith, P.A.   There are many opportunities to serve on the board of a nonprofit corporation, whether a public charity, private foundation, home-owner association, trade association, or church. Before joining a nonprofit board, however, you should consider the liability protections you can expect under the North Carolina Nonprofit Corporation Act, the nonprofit corporation's governing documents and the nonprofit corporation's directors' and officers' liability insurance policy.

Tags: TechLaw
May 27, 2015

Premium Lock Modern estate planning - It's all about that basis

Ward and Smith, P.A.   TechLaw: Avoidance of estate taxes is one consideration in estate planning. Under current law, however, estate tax issues generally affect only the wealthiest 1% of the population, but everyone should be mindful of income tax issues, specifically basis, when making estate planning decisions. Due to changes in the tax laws, estate plans and trusts put in place under prior law may no longer efficiently address these income and tax basis issues.

Tags: TechLaw
May 13, 2015

Premium Lock New commercial lease accounting rules: How they may affect both owners/landlords and lessees

Ward and Smith, P.A.   TechLaw: As two of the accounting world's major governing bodies work to converge their standards on the recognition of revenue of contracts with customers, they are changing the rules on how lessees must address leases on their balance sheets and profit and loss statements. The result may drastically alter how commercial leases are negotiated.

Tags: TechLaw
April 29, 2015

Premium Lock 'I'm from the government and here to help:' The NLRB's new EXPEDITED union 'representation case procedures'

Ward and Smith, P.A.   TechLaw: Union membership in the private sector, nationwide and in states like North Carolina, is hardly flying off the shelf. It now appears that the NLRB is trying to accomplish by administrative fiat what has not been accomplished legislatively (i.e., to make it easier for unions to win "certification" elections).

April 15, 2015

Premium Lock Spousal Guaranties--Clarifying the rules governing personal guaranties from spouses of borrowers

Ward and Smith, P.A.   TechLaw: When lenders make a loan to a closely-held company, they frequently require one or more of the company's principals to personally guarantee repayment of the loan. Can they require that the principal's spouse also guarantee the loan?

Tags: TechLaw
April 14, 2015

Premium Lock This year's fight for the tech industry: Patent trolls

U.S. Patent Office  "Patent trolls" generally refer to businesses that buy up patents, particularly in technical areas like computer chips, cloud computing and wireless routers, with the sole intention of filing lawsuits or demanding licensing fees from tech companies, particularly startups around the time of their public offering.

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