AI, robo‑advice, and advanced analytics now sit inside the core of how many firms make money, manage risk, and communicate with investors, so regulators expect the same level of discipline and truthfulness around AI that they expect for any other key business process....
I. Introduction The Internal Revenue Code (the “Code”) and accompanying regulations provide no explicit guidance directly addressing disguised sales of partnership interests. While the IRS issued proposed regulations under Treas. Reg. § 1.707-7 in 2004...
Ohio regulates most gym memberships under its Prepaid Entertainment Contracts Act, which creates specific rules on contract content, term limits, cancellation rights and payment practices for Ohio consumers and fitness businesses. Scope and Definitions Ohio’s Prepaid...
Have you ever asked ChatGPT a legal question, a medical “what does this mean,” or even a financial “should I do this?” If so, you may be surprised to learn that OpenAI has recently tightened the rules on these types of requests. The update provides clarity: ChatGPT...
In recent years, meme stocks have captured headlines and ignited debate among investors and legal professionals alike. One of the most dramatic examples unfolded in late October 2025, when Beyond Meat, a well-known producer of plant-based meat alternatives,...
For early-stage founders and investors attempting to structure investment in an early stage (pre-seed) company, the choice between a Simple Agreement for Future Equity (SAFE) and a Convertible Note significantly impacts the capitalization table and future governance....
Overview The Sixth Circuit recently granted mandamus relief, a court order compelling a lower court to fulfill a mandatory legal duty or correct an abuse of discretion, to FirstEnergy, overturning a lower court order that had compelled disclosure of internal...
Small businesses often begin with a single location, a small team and a loyal customer base. But once they’ve proven their concept and achieved consistent revenue, many owners start looking for ways to grow. Expansion, however, isn’t a one-size-fits-all process. The...
This article is Part Three of a multi-part analysis by KJK summarizing the OBBBA’s implications for various taxpayers and industries. The One Big Beautiful Bill Act (OBBBA) introduces sweeping reforms to the federal tax code, many of which have lasting implications...
Forming a new business requires addressing a number of principal issues and logistics, many of which draw on structure, liability, policy, tax, and related considerations. After picking the best entity form, the first threshold matter to address is determining the...