The Louisiana Board of Tax Appeals issues Capital Construction Fund ruling which provides federal income tax incentives, mostly through tax deferral, to vessel owners and operators.
Louisiana Third Circuit Affirms Authority of Tax Commission to Correct Pipeline Property Tax Assessments
In a unanimous decision, a three-judge panel of the Louisiana Third Circuit Appeal affirmed the authority of the Louisiana Tax Commission to correct property tax assessments of #pipelines when a local assessor uses values that are too high or do not reflect fair market value. Cheryl Kornick represented the taxpayer in this matter.
Louisiana Legislative Session Convenes – Highlighting the Lobbying Election for Nonprofits
With the 2023 Louisiana Legislative Session under way, it is a good time to highlight the lobbying election available to qualifying public charities exempt from federal income tax under section 501(c)(3) of the Internal Revenue Code.
Nonprofit organizations that qualify for federal income tax exemption as public charities under section 501(c)(3) of the Internal Revenue
Update: House Fails to Override Presidential Veto—DOL Final Regulations Permitting Retirement Plan Fiduciaries to Take Into Account ESG Factors Still In Place
In the continuing saga of the (possible) use of Environmental Social and Governance (“ESG”) factors by retirement plan fiduciaries under the Employee Retirement Income Security Act (“ERISA”), on Thursday, March 23, 2023, the House in a 219-200 vote failed to reach the two-thirds majority required to overturn a presidential veto regarding a joint resolution of
Key Takeaways From NLRB General Counsel’s Guidance Memo Regarding McLaren Macomb Decision
We recently reported on the National Labor Relations Board’s McLaren Macomb decision, which held that employers commit an unfair labor practice by merely proffering a severance agreement including broad confidentiality and non-disparagement clauses, regardless of whether the employee actually signs the agreement. The Board’s General Counsel (“GC”) has now issued a Guidance Memorandum explaining her
NLRB Finds Confidentiality and Non-Disparagement Provisions in Severance Agreements Unlawful
The National Labor Relations Board (“NLRB”) ruled this week in the McLaren Macomb case, a decision applicable to both non-unionized and unionized employers, that merely including standard confidentiality and non-disparagement provisions in a severance agreement violates the National Labor Relations Act (the “Act”). The new Biden administration Board found that such provisions “interfere with, restrain
Masks, Large Sums of Money, and a Runaway—Movie Plot or Post-COVID Jury Trials?
The post-pandemic era has brought about some of the largest jury verdicts seen to date. For example, just this month an Iowa jury awarded $97.4 million to a child and his family in a medical malpractice birth injury case. In Washington State, $185 million was awarded to three teachers who were exposed to long-lasting chemicals