Further extension of alternative arrangements for the conduct of general meetings beyond 30 June 2021

Authors: Tan Min-Li, Ge Xiaomeng and Timothy Tan. On 6 April 2021, the Ministry of Law (“MinLaw”) announced that it will be extending the duration of the legislation that enables entities to hold meetings via electronic means (“Virtual Meetings”) beyond 30 June 2021. This article discusses the extension in relation to the COVID-19 (Temporary Measures) (Alternative Arrangements for Meetings […]

Min-Li TanPartner, CNPLaw LLP

Material Participation Standard is the Key to Unlocking LLC Tax Losses

Many privately held businesses have incurred losses during the COVID-19 pandemic. Unfortunately, the federal income tax passive activity loss (PAL) rules can limit an owner’s ability to currently deduct tax losses thrown off by passive activities. Here’s an overview of how the PAL rules apply to members (owners) of limited liability companies (LLCs). Focus on LLCs […]

William H. ShawnCo-Managing Partner, ShawnCoulson

Tips From the 2020 AAML/BV Virtual Divorce Conference

Family law attorneys, valuation professionals, and industry experts connected virtually this fall to share advice during the Virtual Divorce Conference brought to you by the American Academy of Matrimonial Lawyers (AAML) and Business Valuation Resources (BVR). Here are the key takeaways from the many great sessions with top thought leaders in the profession. Beware of […]

Craig Stephanson, CVAManaging Direction, Valuation Services, Inc.

Non-fungible tokens and their legal implications

Authors: Quek Li Fei and Sean Tan. What are Non-fungible tokens? Non-fungible tokens (“NFTs”) are unique digital tokens backed by blockchain technology, the same distributed ledger technology supporting well known cryptocurrencies such as Ethereum and Bitcoin. Despite having been around for a while, NFTs have become quite the rage recently largely due to the popularity of cryptocurrency as […]

Lisa ThengManaging Partner, CNPLaw LLP

Real estate held in tenancy by the entirety cannot be foreclosed to satisfy debt of one spouse

Upon entry of judgment, a judgment creditor may wish to attach a judgment lien against real property owned by the judgment debtor. However, whether the judgment creditor is able to enforce its judgment lien and foreclose on the real estate may depend on how title to the property is held. Pursuant to Illinois law, any […]

David J. TecsonPrincipal, Chuhak & Tecson, P.C.

5 Main Elements of Talent Management

Building strong staff is critical to the success of every business. You’ll need a complete workforce plan to maintain happy and committed staff who will keep your business running smoothly. The Human Resources (HR) plan must focus on five primary areas: Talent acquisition–recruiting, negotiating, and onboarding new employees Talent retention–maintaining staff once hired Performance management–evaluating […]

Michael ScherzerFounder, WorkAnswers

Offit Kurman Opens Law Office in Spartanburg, South Carolina With Leading Family Law Practitioner Ben Stevens

Firm continues to grow in the Southeast United States BETHESDA, Md. – May 18, 2021 – Offit Kurman announced today that it will open an office in Spartanburg, South Carolina, marking the opening of the firm’s second office in South Carolina. The Stevens Firm Family Law Center, and its founder Ben Stevens, bring their deep […]

Howard K. KurmanPrincipal, Offit│Kurman

Our Time to RISE, a Business for Good book

As organisations adapt to the complexities of globalisation, a growing strain on natural resources and the environment, the influx of new technologies, use of social media and increased transparency, with a societal approach to business and ethical behaviour is more important than ever.  Through our Business for Good initiative, we encourage business leaders to ‘think […]

Stéphane BellangerPartner, CBM Audit & Conseil