Author: Darrow Admin

 |  Share

Florida Business Climate Great for Pickleball, But Risks Are in Play

When discussing the ever-evolving landscape of Florida’s commercial real estate (CRE) market, one trend has begun to stand out — the rise of pickleball. This sport, once a leisurely pastime, has turned into a compelling investment opportunity, transforming the CRE sector and driving significant shifts in property acquisition and development strategies throughout Florida — but…
Read more

How IRS Is Cracking Down on Employee Retention Tax Credit Fraud

The Internal Revenue Service (“IRS”) has recently devoted great attention to detecting, investigating, and prosecuting fraud, particularly as it relates to the Employee Retention Tax Credit (“ERC”) post-COVID. On a webinar broadcast on July 25, 2023, hosted by the IRS’s Office of Fraud Enforcement and National Fraud Counsel, the presenters noted that ERC claims top…
Read more

Prove It or Lose It: New York City Cracks Down on AI Hiring Software

Artificial Intelligence (“AI”) programs have gained notoriety by injecting ease into otherwise burdensome and difficult daily tasks. However, as with most innovative advancements, AI has also drawn concern from skeptics regarding the everyday effects such programs may have. With fast-growing scrutiny around AI’s use and evolvement, New York City has recently taken its own stab…
Read more

The Ripple Effect: SEC’s Battle Vs. Crypto Gains Some Clarity

The U.S. Securities and Exchange Commission (“SEC”) is paying considerable attention to the world of cryptocurrency (“crypto”). According to the SEC website, the SEC has brought more than 50 enforcement actions against crypto companies since the start of 2021.[1] Most recently, on June 6, 2023, the SEC filed a complaint against Coinbase, Inc. and Coinbase…
Read more

Q2 Employment Law Updates: Non-Competes, Religious Accommodation and More

So far, 2023 has been a wild ride for employers, a theme that looks to be continuing into the third quarter of the year. While certain predictions we made during Q1 came true in Q2 (we are looking at you, NLRB), others such as the Supreme Court’s decision in Groff v. DeJoy[1] took us by…
Read more

Should the Bar “Bar” AI? Use in Legal Profession Has Risks and Rewards

ChatGPT, a platform from OpenAI, has been leading the charge for general use Artificial Intelligence (“AI”), with serious implications for businesses. AI is, at its core, “… the overarching description for technologies that use computers and software to create intelligent, humanlike behavior.”[1] While the legal profession can be slow to adopt new technologies, the industry…
Read more

Stick It Where the Sun Don’t Shine: Land Use Challenges Siting Large-Scale Ground-Mounted Solar Projects

Federal and state authorities throughout the country have adopted pro-renewable energy policy goals to promote the growth of alternative energy sources using climate-friendly technologies. With the passage of the Inflation Reduction Act, the federal government has encouraged substantial investment in the expansion of renewable energy resources in the United States. On the state level, different…
Read more

Mezzanine, Bridge Financing Becoming Key Tools in Uncertain Economy

During periods of economic uncertainty and rising interest rates, alternative financing options such as mezzanine and bridge lending have emerged as attractive solutions for businesses. These specialized forms of financing provide flexibility, expedited funding, and risk mitigation strategies that traditional lending institutions may not offer. Mezzanine Lending: A Bridge to Growth Mezzanine lending occupies a…
Read more

The Paperwork Curbing Enthusiasm for College Football Realignment

College athletics — more specifically, college football — has become a media behemoth over the past two decades. Competition has always been fierce on the field, but with millions of dollars in broadcasting revenue in the balance, competition has intensified off the field for many programs as they look for avenues to increase their annual…
Read more

Proposed SEC Rules Aim at Putting Private Funds More in Public View

Whether everyday Americans saving for retirement, college tuition, or their forever homes know it or not, there’s a chance that their money is tied, directly or indirectly, to private funds[1]. Moreover, those Americans probably don’t consider themselves investors in private funds and likely view private fund investors as ultra-high net worth individuals and institutional investors.…
Read more