Sam Kavalier 
In last week’s post, we talked about the Connelly case before the U.S. Supreme Court, which involved a fight between an estate and the IRS about whether money from a Key Person Insurance policy (that a company takes out on the lives of its shareholders) should count toward the company’s fair-market valuation for the purposes … Read more
The U.S. Supreme Court issued a plethora of impactful decisions in its last term. One that might have flown under the radar had to do with estate taxes. Though topic of taxes does not normally make for engaging content, this just might be an exception. If you are a business owner (or are related to … Read more
This blog has made it a whole 2 months since the last post about Minnesota’s Adult-Use Cannabis Law, and now it is time to get back into it! On July 31st, Office of Cannabis Management [OCM] put out its first draft of the proposed rules related to adult-use cannabis. In its announcement, OCM made clear … Read more
As promised in an earlier blog post about Bulleit, bottle shapes, and blurring (“dilution” was the word I mostly used last time, but I was really eager for that alliteration), I am back with an updated blog post. As a recap to the earlier post, the case involves Diageo, the company that owns Bulleit Frontier … Read more
Of course the news cycle wouldn’t allow me wrap up on Minnesota’s Adult Use Cannabis Law series at four posts (see the links for Parts 1, 2, 3, and 4)! It needed a fifth part, where I discuss the bill that was signed into law a few weeks ago. On May 24th, Governor Tim Walz … Read more
This post is the fourth and final (for now) part in a multi-part series on Minnesota’s Adult Use Cannabis Law. Feel free to check out Parts 1-3 here, here, and here. The last post talked about medical cannabis. This next post will focus on the implications of recent news coverage (like this one from the … Read more
This post is the third part in a multi-part series on Minnesota’s Adult Use Cannabis Law. Feel free to check out Part 1 and Part 2. The last post talked about adult use cannabis businesses and what various licenses will be available. This next post will focus on adjacent products and industries impacted by the … Read more
This post is the second part in a multi-part series on Minnesota’s Adult Use Cannabis Law. Feel free to check out Part 1. The last post provided an overview of Minnesota law related to possession, use, self-growing, and gifting, which is the extent of adult-use cannabis Minnesota law allows for pre-2025. This blog post discusses … Read more
With a certain holiday going on this past weekend: 04/20, some readers, particularly ones in or near Minnesota, might be wondering where things stand with Minnesota’s recreational cannabis law (the law refers to it as “adult use cannabis”). This post, and the next several that follow it, will address where things currently stand, where things … Read more
I truly thought my hiatus from Corporate Transparency Act blog posts was going to run longer than this. However, recent events compelled the original three-part series (see those original parts here, here, and here) to grow into four parts. So, what’s all the hubbub? On March 1, 2024, the U.S. District Court for the Northern … Read more