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Two Common Threshold Issues in LLC Ownership Disputes: Choice of Law and Subject Matter Jurisdiction

Ownership disputes often arise from a common scenario: a few friends start an LLC together. The friends each take an ownership interest in the LLC and decide to organize their LLC under Delaware law. Over time, the business grows, but the friendship crumbles. The friends disagree about the direction of the business, resulting in a dispute over control of the company. Despite the friends’ best efforts to resolve the dispute amicably, litigation seems likely.

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EPA Places Environmental Justice Front and Center

Schiff Hardin Energy & Environmental Law Adviser

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Estate Tax and the Build Back Better Act: Threats and Opportunities Before Year End

On September 13, the House Ways and Means Committee, led by Chairman Richard E. Neal (D-MA), released its plan to pay for the $3.5 trillion Build Back Better Act (the “Act”).

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CBD Regulation: Not Much Progress in 2021

The FDA’s position that the Food, Drug, and Cosmetic Act (FDCA) prohibits CBD from being sold in interstate commerce as a dietary supplement or food ingredient makes national companies hesitant to sell products containing CBD or do business with the CBD industry.

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Attorney-Client Privilege in Ownership Disputes: Three Ways Companies Can Shield Privileged Communications From Their Directors

Directors owe fiduciary duties to the company. To make informed decisions and satisfy those fiduciary duties, directors generally have broad access to the company’s books and records.

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Cannabis Legalization in Key States: Connecticut Becomes Fifth State in 2021 to Legalize Recreational Marijuana

Following its neighboring states, Connecticut legalized recreational cannabis after Governor Ned Lamont signed the Responsible and Equitable Regulation of Adult-Use Cannabis Act (RERACA) on June 22.

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Theranos Founder Elizabeth Holmes’s Trial Tests Attorney-Client Privilege

Elizabeth Holmes, founder and ex-CEO of now-defunct blood testing start-up Theranos, is once again making headlines, this time for her upcoming criminal trial and related court proceedings.