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Posts from January 2016.
Posted in Estate Planning

A Baltimore judge recently ruled that Tom Clancy’s widow is not responsible for a multi-million dollar tax bill on the best-selling author’s $83 million estate. The case’s estate tax allocation litigation highlights the critical importance of will drafting and not leaving room for more than one “plausible” interpretation; the Court’s decision hinged on the wording of an otherwise boilerplate provision in Mr. Clancy’s Second Codicil.

Posted in Litigation

In the new Legal Forum Column, BGD attorney April A. Wimberg discussed bankruptcy filings. Read her advice below and don’t miss our monthly Legal Forum Column in Louisville Business First.

Topic
Bankruptcy filings are expected to rise in 2016.  Are there any steps I should take to protect myself and my business?

Advice
After one of the slowest years for corporate bankruptcy filings ...

I recently discussed the (limited) effect sanctions relief will have for U.S. companies in the wake of Iran successfully completing its obligations under the Joint Comprehensive Plan of Action (JCPOA), otherwise known as the Iran nuclear deal. With some speculating that the International Atomic Energy Agency (IAEA) could soon deliver its report affirming Iran’s compliance with ...

Posted in Tax and Finance

The popularity of “Making a Murderer” on Netflix and the first season of the NPR podcast “Serial” has sparked a national conversation about potential wrongful criminal convictions and the ability of the American legal system to deal with the issue and compensate for injustices. Now, those who are found to be wrongfully convicted of a crime will be afforded relief from an ...

Deadlines for businesses regulated by the Kentucky Division for Air Quality to report 2015 compliance with air permit terms, as well as reports summarizing required monitoring conducted July through December 2015, are just around the corner.

Annual Compliance Certifications (ACCs) and Semi-Annual Monitoring Reports for Kentucky businesses holding Clean Air Act Title V ...

Ready for an in-depth look at the state of irrigated agriculture? BGD attorney David T. McGimpsey discusses how irrigated agriculture works and where it is headed with irrigated agriculture expert Daniele Zaccaria, Ph.D., in his latest The Water Values Podcast episode, which you can stream online here (free). Zaccaria has been around irrigated agriculture his entire life and has a ...

The Court of Appeals for the Federal Circuit (CAFC) issued another ruling upholding the constitutionality of the America Invents Act (AIA). The AIA was a sweeping reform of patent law that had been working its way through congress in one form or another for many years before being implemented in 2013.

One of the primary changes brought about by the AIA was changing the former "first to ...

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