The December § 7520 rate for use with estate planning techniques such as CRTs, CLTs, QPRTs and GRATs is 2.0%, which is unchanged from last month. The December applicable federal rate ("AFR") for use with a sale to a defective grantor trust,...
The laws on whether or not it's legal to shoot trespassers vary greatly depending on what state you're in. Generally speaking, there are certain circumstances where an occupant may be able to legally shoot trespassers.
Today, Division Eight of the Second Appellate District of California issued its decision in Gaines v. Fidelity National Title Insurance Company (Dec. 12, 2013 B244961). The case involved the dismissal of a fraud case in the context of a sale of a...
On Tuesday, December 3rd, the Fifth Circuit Court of Appeals upheld the enforcement of mandatory arbitration provisions that include a class waiver. In D.R. Horton, Inc. v. NLRB, 2013 U.S. App. LEXIS 24073 24073 (5th Cir. Dec. 3, 2013), the Fifth...
We are frequently asked how long an employer should retain employment records. Employers need to keep them as long as they are required, but obviously don’t want to retain and store any records longer than they have to....
The Leahy–Smith America Invents Act (AIA) was passed by Congress and enacted into law on September 16, 2011. Named for its lead sponsors, Sen. Patrick Leahy (D-VT) and Rep. Lamar Smith (R-TX), the Act changed the U.S. patent system from a “first to...
Parole in place (PIP) is an immigration procedure that allows qualifying family members who entered the U.S. without inspection and admission to apply for green cards (adjustment of status) while in the U.S., instead of being required to leave the...
Bankruptcy is a court process, but a highly specialized one. That is why bankruptcy cases do not proceed in the same federal courts that hear typical criminal and civil cases. Instead, bankruptcy has its own court system. Each U.S. federal district...
On November 5, 2013, Foley & Lardner LLP hosted over 240 attendees in Boston at its 9th annual FOLEYTech Summit, titled Envision the Future: Today’s Approach to Tomorrow’s Solutions. The Summit focused on how entrepreneurs, investors, their legal...
For many years, retailers subject to Alabama's sales tax have correctly avoided collecting sales taxes for those Alabama cities and counties where the retailer is not located but where the retailer nevertheless makes deliveries and installations....
