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The Legal Intelligencer

Cannabis and Banks: What Qualifies as Illegal Activity?

Many legal issues arise out of financing cannabis activities, not the least of which is whether a target property for a cannabis venture is mortgaged by a bank. The standard institutional mortgage contains language that allows the mortgagee to “call” the loan if the property is being used to conduct “illegal activity.”
6 minute read

The Legal Intelligencer

Retirement on the Horizon? Time to Dust Off Those Beneficiary Designations

As retirement approaches, a primary concern is most likely whether you have accumulated sufficient assets to provide for the life you envisioned after the end of your active career. For those who are fortunate enough to have a well-funded retirement, a secondary thought is what happens if my assets outlive me.
8 minute read

Daily Business Review

Akerman Hit With Malpractice Claims Over Work for Victor Posner's Estate

A former business associate of the notorious Miami Beach corporate raider is suing Akerman, alleging the law firm gave shoddy advice to her successor as curator of Posner's estate.
5 minute read

The Recorder

Silicon Valley Digital Wealth Management Firm Names Allison Amadia New GC

"My experience helping technology companies grow and stay ahead of the increasingly complex legal and compliance matters as they scale will allow me to add value right from the start," said the new Personal Capital Corp. general counsel.
2 minute read

New York Law Journal

Ropes & Gray Wins $15M Verdict for Investors Who Say Manager Refused to Sell Profitable Firm

Ropes & Gray senior counsel Jerome Katz, who led the legal team representing the investors, said that Glaser used the profits from the companies, especially the relatively higher-value Parts Depot, to cover losses from other acquisitions in his portfolio.
3 minute read

Daily Business Review

Miami Judge Tosses Class Action Against Ex-Ski Resort Owner

Ariel Quiros was accused of running the biggest to date EB-5 fraud to date at Vermont's Jay Peak ski resort.
3 minute read

Daily Business Review

Legal Rights in Sugar Valley: Cuban Software Copyrights

Americans who have traveled to Cuba, have seen a beautiful country with crumbling buildings, unreliable electrical power and hard-to-access internet.
5 minute read

Corporate Counsel

Part of Growing Trend, Anadarko Shareholders Approve Climate Change Resolution

“Shareholders are clearly expressing to companies that they want climate risk in their decision-making,” said one advocate.
3 minute read

Corporate Counsel

SEC Cutting Back on Corporate Enforcement Actions, Report Says

The enforcement decline is part of a downward trend that began in the last half of fiscal year 2017.
3 minute read

Corporate Counsel

India: An Emerging Economic Powerhouse and the Need for In-House Counsel

With sustained economic growth above 7 percent and an exploding start-up culture, the Indian economy is booming. And thanks to the ongoing economic liberalization brought about by the Modi government, it's never been more accessible for foreign companies.
4 minute read

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Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

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