Perhaps no greater transformative change has occurred in workplace communications than with the advent and use of social media. The burden falls to employers to stay informed and up-to-date on current trends regarding social media issues for their businesses and their...
PLDO Law Blog
Month: February 2014
Water Utility Best Practices Guide to Better Manage Claims and Avoid Legal Issues
It's nearly impossible to control the damages to the environment and water systems that can be caused by natural disasters like Hurricane Katrina, Tropical Storm Sandy or the flooding that occurred in the State of Colorado last year. Infrastructure failures may also...
Preparing to Package Companies for Outside Investors
Every day, business owners work to keep their competitive edge in the marketplace. Some companies develop marketing campaigns to influence consumers' behavior to buy their product or service, while others look to their R&D staff for new inventions or cutting-edge...
LAST MINUTE CHANGE TO RI ADULT USE CANNABIS LEGISLATION BENEFITS LICENSED CULTIVATORS
Rhode Island appears to be on a definitive track towards legalization of cannabis and establishing a framework for its adult use industry. More than 15 years after establishing its medical marijuana program and, following years of on-and-off momentum, the Rhode Island...
THE TREES CAN STAY (FOR NOW) – A LESSON ON WRIT OF MANDAMUS
In a recently published opinion, the Rhode Island Supreme Court addressed when it is and is not appropriate for the court to grant the issuance of a writ of mandamus. A writ of mandamus is used to compel the performance of an act by a public officer. In the case...
DIRECTED TRUSTS PROVIDE FLEXIBILITY FOR THE CLOSELY-HELD BUSINESS OWNER
In July 2021, Florida adopted the new Florida Uniform Directed Trust Act (“FUDTA”). Modern directed trusts are one of the best vehicles to provide intergenerational wealth preservation and flexibility. Historically, all the functions of a trustee have been handled by...
NUTS & BOLTS OF A ROLL-UP STRATEGY IN BUSINESS ACQUISITIONS
In a roll-up strategy, the buyer—usually a private equity fund—identifies a highly fragmented industry, which is a situation where multiple companies compete, and there is no single or small group of companies that dominates that specific industry. Subsequently, the...
THE SAFE BANKING ACT: WILL 2022 OPEN THE DOOR FOR CANNABIS BUSINESSES TO ACCESS COMMERCIAL BANKING?
Lawful cannabis businesses in the United States have historically and predominately relied on private funding to establish and prop up their operations until they can sustain themselves as revenue-driven enterprises. This is because cannabis remains illegal under...