April 24, 2020 interim final rule from the SBA extends much needed Paycheck Protection Program loan relief to eligible legal gaming operations, including small tribal casinos. On April 24, 2020, the U.S. Department of the [...]
Author: Sacks Tierney
Small Business CARES Act
March 12, 2020
COVID-19
The “Keeping American Workers Paid and Employed Act” is a $349 billion relief program for small businesses. PART 1- SMALL BUSINESS PROVISIONS OF THE CARES ACT On March 27, 2020, the President signed the Coronavirus Aid, [...]
Commercial Leasing to an Arizona Cannabis Business
January 14, 2020
Real Estate Law
As with most commercial leases, cannabis businesses have industry-specific peculiarities to which landlords and tenants should give due consideration. This article specifically addresses issues that commercial landlords and [...]
Short-term rentals – generally defined as rentals for a period of less than 30 days – have become a source of discord in many communities. In many cases, homeowners who are not renting out their homes on a [...]
Federal Court Rules that Walmart Firing Violated the Arizona Medical Marijuana Act
May 9, 2019
Employment Law
A terminated employee’s successful lawsuit underscores the importance of employers exercising caution when making employment decisions on medical marijuana cardholders. In 2013, an Arizona Walmart employee, Carol [...]
New LLC Act Creates Urgency in Operating Agreement Review
August 18, 2018
General
For most multi-member LLCs, the new law’s impact is significant and its consequences potentially harmful. Arizona law governing limited liability companies has been replaced by the new Arizona Limited Liability Company Act, [...]
For most multi-member LLCs, the new law’s impact is significant and its consequences potentially harmful. Arizona law governing limited liability companies has been replaced by the new Arizona Limited Liability Company Act, [...]
New Arizona Supreme Court Opinion Significantly Impacts Contracts Providing for the Recovery of Attorneys’ Fees
April 14, 2017
Litigation and Appeals
The Court held that statutory language must be applied in determining who the prevailing party is in certain cases involving contractual fee provisions. It is very common for the parties to a written contract to include a [...]
A federal court has ruled against sexual orientation discrimination in three Midwestern states, and other jurisdictions may follow that court’s lead. On April 4, the U.S. Seventh Circuit Court of Appeals became the first [...]
Participants in construction loan transactions should be prepared for new title underwriting guidelines. If you are engaged in real estate development or construction, or in related financing transactions, you are probably [...]