Rhode Island – March 12, 2020 – Pannone Lopes Devereaux & O’Gara LLC (PLDO) announced today the launch of an online multimedia learning center, Inside Business - Powered Up for Success, dedicated to assisting entrepreneurs, startups and business owners to grow,...
PLDO Law Blog
Press Releases
PLDO Partner Benjamin L. Rackliffe to be a Featured Speaker at Providence Business News “2020 Business of Cannabis Summit”
Rhode Island – February 10, 2020 – Pannone Lopes Devereaux & O’Gara LLC (PLDO) Partner Benjamin L. Rackliffe, a leading authority and advisor to cannabis industry business owners and investors, will be a featured speaker at the “2020 Business of Cannabis Summit,”...
Pannone Lopes Devereaux & O’Gara Estate & Trust Attorneys Join Bryant University’s Florida Alumni for Featured Panel on “Essentials of Estate Planning”
Boca Raton, Florida – January 20, 2020 – Pannone Lopes Devereaux & O’Gara LLC (PLDO) Estate & Trust attorneys have been invited to join Bryant University’s Florida Alumni on Thursday, January 30, 2020 to present a panel discussion on “Essentials of Estate...
PLDO Partners Brian J. Lamoureux and Matthew C. Reeber to be Featured Speakers at an NBI Seminar on “Human Resource Law: The Ultimate Guide”
Rhode Island – January 15, 2020 – Pannone Lopes Devereaux & O’Gara LLC (PLDO) Partners Brian J. Lamoureux and Matthew C. Reeber will be featured speakers at a National Business Institute (NBI) two-day seminar on “Human Resource Law: The Ultimate Guide,” which is...
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...
