With the Russian invasion of Ukraine, several topics have taken center stage, among them: economic sanctions, wheat and food shortages, and the exits of famous brands like Starbucks, McDonald’s, and PepsiCo. (What will Red Square do without its Happy Meals?) Yes, Russia “exports” foreign brands; it also “exports” cyber-terrorism and ransomware attacks. (To be …
Unfortunately, it is that time again. You may already be aware that, in order to remain compliant with state law, Texas requires annual tax filings. Each year, Corporations and LLCs must file the Annual Franchise Tax Report and the Franchise Tax Public Information Report. This year, the deadline is May 16, 2022. Helpful (and complimentary!) …
In response to the COVID-19 pandemic, the U.S. government offered COVID-19 Economic Injury Disaster Loans (“EIDL”) through the Small Business Administration (‘SBA”). The SBA stopped accepting new loan applications as of January 1, 2022. Due to program design, the EIDL might cloud title without providing adequate public notice. This means that an EIDL loan could …
Don’t Let Your EIDL Loans Breach Contracts and Cloud Title! Read More »
Internationally-minded companies should have systems in place to ensure compliance with a vast array of foreign and domestic economic sanctions. That said: before Russia’s invasion of Ukraine, the topic of “economic sanctions” was often relegated to overworked supply chain managers (or the dark, dingy offices of…well, lawyers like us). Fast-forward to the present: with apologies …
Ready, set . . . burn? Luxury car aficionados are mourning the loss of nearly 4,000 vehicles that set ablaze in the middle of the ocean. Yes, dear reader, you read that correctly: cars have caught fire on water. (This, incidentally, is proof that the universe has a sense of humor.) On Wednesday, February 16, …
A Fiery Illustration of Why You Must Learn and Use Incoterms Read More »
You, dear Reader, asked us to dig a bit more into our recent blog post, “Why Big Law will continue to get bigger.” You wanted to know why, and how this will affect your bottom line. Big Law is certainly changing. Once known for its power suits, legal pads, and insane office hours, it is …
Dubai is one of seven Emirates of the UAE (the United Arab Emirates). Famous for glittering skyscrapers, dancing fountains, and man-made palm-shaped islands, it is a popular location for both investment and business. And yes, it does have vending machines for gold bullion. And yes, it did build an indoor ski slope in the desert. …
According to The Economist magazine, local law firms are experiencing “…ballooning demand for legal services and falling costs.” Not sure that we are seeing corresponding rate cuts… One reason may be that “[b]ig law is becoming not just bigger but also more concentrated. In 2020, the three biggest earners accounted for nearly 10% of the …
It’s that time of the year again, when we celebrate age-old traditions and cherish those who matter to us the most. It’s also when a 260-pound, 1,751-year-old man breaks into your house and trades presents for consideration (namely, milk and cookies). Santa Claus is the self-appointed judge and jury of whether you have been naughty …
By now, many of you have digested every nail-biting moment of the 2021 United Nations Climate Change Conference in Glasgow, or COP26. There, in Scotland, the IFRS created the ISSB to assist with standard ESG disclosure standards. (There is truly nothing like a global conference to create an indecipherable acronymic word salad.) Sustainability and ESG as …
Sustainability and ESG: What are they and why should you care? Read More »
