With the mergers and acquisitions market as hot as it’s ever been, many owners of mid-size companies are considering selling their most valuable asset – the company that they’ve spent years building from scratch. However, there are a few mistakes that I frequently see made by owners selling their companies. #1: Failing to Prepare for the...
Litigation Attorney Dillon Ambrose Appointed to Rank of Captain in the U.S. Navy Reserve
MILWAUKEE – Davis|Kuelthau, s.c. is pleased to announce that Shareholder Dillon Ambrose has been selected for promotion to the rank of Captain in the United States Navy Reserve. Captain (SEL) Ambrose returned to Davis|Kulethau, in October 2021, after serving two years on active duty as the Assistant Staff Judge Advocate for Reserve Component...
A Trending Tool in Making M&A Faster and Less Risky: Reps and Warranty Insurance
A competitive M&A market has continued to support the growing use of Representations and Warranties Insurance (RWI) in mergers and acquisitions by both private equity and the private sector. Studies show the use of RWI in transactions increased from 29% in 2017 to 52% in 2019 and has continued to grow. Why are more and more Corporate...
Wisconsin Supreme Court Rules Against Insurance Coverage for COVID-19 Losses
On June 1, 2022 the Wisconsin Supreme Court unanimously found that the Plaintiffs – a group of bars and restaurants led by named Plaintiff Colectivo Coffee – did not have insurance coverage for the financial losses they suffered from the COVID-19 shutdown. This is the first ruling on COVID coverage by our Supreme Court. Colectivo and the group of...
USPTO Moves to Electronic Trademark Registration Certificates
The United States Patent and Trademark Office (“USPTO”) announced on May 24 that it had accelerated its transition to electronic trademark registration certificates. Going forward, the USPTO joins other countries, including Canada and the EU, in only issuing electronic trademark registration certificates unless otherwise requested. This change...
Intellectual Property and Your Employees – Make Sure You’re Protected
The “Great Resignation.” The “Great Migration.” No matter what you call it, the current employment market is placing incredible stress on businesses, many of which are struggling to find enough employees to simply cover shifts. Pay increases and higher recruiting costs, consequently, continue to rise. On top of these challenges, inflation and...
In the Crosshairs: Guns in Estate Planning
When engaging in the estate planning process, it’s easy to focus exclusively on the big assets such as real estate, retirement assets, investment accounts, and life insurance. It’s equally easy to discount the importance of planning for items of personal property. This is a mistake, because personal items can often times carry value far beyond...
City of Milwaukee Property Tax Notice of Assessment Objection/Appeal Deadline – May 16, 2022.
The City of Milwaukee has sent its 2022 “Notice of Assessed Value – Real Property” to all City of Milwaukee property owners. Almost every year the City revalues properties, which is the case again for 2022 after having performed a maintenance assessment for 2021. The recently released 2022 assessments are effective as of January 1, 2022, and...
Intellectual Property: Understand It to Protect What You Own, Drive Value to Your Business and Positively Impact Your Bottom Line
Intellectual Property (or “IP”) is commonly defined as a group of legal rights that provide protection over things people and businesses create or invent. It might sound straightforward, but there is a lot of confusion over what can actually be protected and what cannot. Who needs to be concerned with IP Protection? We’ve all heard the phrase,...
Small Business Bankruptcy: What Do You Need to Know?
After the last two years, dealing with bankruptcy issues is probably the lowest priority on any business owner’s mind. Perhaps you have been able to survive the unprecedented market trends and uncertainty, and now times look to be stabilizing. Having a basic understanding of what’s been called “Sub 5” or “Subchapter V” can help you navigate any...