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News Briefs
Franchisor Tax Nexus Case Reaches Iowa Supreme Court
In a case with potentially significant implications for taxation of franchisors, the Iowa Supreme Court heard oral arguments on May 20 in KFC Corporation v. Iowa Department of Revenue. “A victory by the state would represent an extension of [Geoffrey v. South Carolina Tax Commission, 313 S.C. 15 (1993), and other similar] cases because KFC Corp. involves licensing agreements between unrelated parties,” said Bruce Ackerman, of counsel, Faegre & Benson LLP (Minneapolis), who is not involved in the litigation. “The KFC case could result in a landmark decision for states attempting to impose income tax on out-of-state franchisors and other similarly situated taxpayers. This would be the first contemporary case to reach a state supreme court and directly address the franchisor-franchisee relationship.”
Law Firms are Reducing Redundant Real Estate by Bringing Support Services Back to the Office
A trend analysis of the benefits and challenges of bringing back administrative, word processing and billing services to law offices.
New York's Latest Cybersecurity Commitment
On Aug. 9, 2023, Gov. Kathy Hochul introduced New York's inaugural comprehensive cybersecurity strategy. In sum, the plan aims to update government networks, bolster county-level digital defenses, and regulate critical infrastructure.
Bit Parts
Summary Judgment Denied Defendant in Declaratory Action by Producer of To Kill a Mockingbird Broadway Play Seeking Amateur Theatrical Rights
Risks of “Baseball Arbitration” in Resolving Real Estate Disputes
“Baseball arbitration” refers to the process used in Major League Baseball in which if an eligible player's representative and the club ownership cannot reach a compensation agreement through negotiation, each party enters a final submission and during a formal hearing each side — player and management — presents its case and then the designated panel of arbitrators chooses one of the salary bids with no other result being allowed. This method has become increasingly popular even beyond the sport of baseball.
Disconnect Between In-House and Outside Counsel
'Disconnect Between In-House and Outside Counsel is a continuation of the discussion of client expectations and the disconnect that often occurs. And although the outside attorneys should be pursuing how inside-counsel actually think, inside counsel should make an effort to impart this information without waiting to be asked.