By: Bruce B. Deadman The “Blue Wave” many pundits predicted did not result in the flipping of both houses and a total shift in the political control of the Wisconsin and federal governments. Nonetheless, both the Wisconsin and Federal governments have divided control for the first time in many years. What, if anything, does that mean for state...
By: Davis|Kuelthau's Labor and Employment Team The IRS has released adjusted dollar limits for employer-sponsored retirement and welfare plans, as well as for individual retirement vehicles, effective as of January 1, 2019. Most of these limits have been increased for the coming calendar year. In addition, the Social Security Administration...
By: Ann M. Rieger During last year’s holiday season, the 2017 Tax Act provided a gift in the form of increases to the amounts that could be transferred without incuring federal estate, gift or generation skipping taxes. The exempt amount was increased from $5 million to $10 million per person. After applying inflation indices, the exemption...
By: Mark G. Kmiecik On November 15, 2018, the IRS released the 2019 inflation adjustments for several tax provisions in Rev. Proc. 2019-57. The adjustments apply to tax years beginning in 2019 and transactions or events occurring during the 2019 calendar year. With respect to estates and trusts, below are select key provisions and amounts for the...
Chapter 11 of the United States Bankruptcy Code has historically been utilized as the principal option for an insolvent company, seeking to either reorganize its operations, or sell its assets free and clear of liens, with the liens attaching to the proceeds of the sale. However, the Wisconsin statutory alternative, Chapter 128, which is...
By: Abby S. Busler The fall session of the U.S. Supreme Court is in full swing and has commenced a review of timely cases related to labor and employment law. In particular, two cases were granted certiorari and will be decided during this upcoming term. First, the U.S. Supreme Court will hear a case regarding the Age Discrimination in...
By: Ted A. Warpinski As many landowners, developers and builders know, having to obtain a permit to dredge or fill wetlands can cause substantial delays and increased costs. Some relief is now in sight with the recently enacted Wisconsin Act 183, which became fully effective on July 1, 2018. If the exemptions apply, all that is required is a...
By: Todd Farris and Michael Van Someren Sometimes a municipality’s certified survey map approval authority, minimum lot size requirements, or building setback requirements can present an obstacle to an owner’s desire to sell part but not all of his or her property. Whether it is vacant land, a retail shopping center, or a mixed-use project, a...
By: Elizabeth K. Miles Construction contracts often include a clause that identifies a stipulated or “liquidated” damage amount for unexcused delay. These clauses assess a fixed sum for each day of delay, thereby relieving the owner from proving its actual damages caused by delay. Although generally thought to protect the owner, liquidated...
Litigation attorneys, Christopher Meuler and Ted Warpinski, authored a post for the State Bar of Wisconsin’s Construction & Public Contract Law Section Blog. Their blog post, Should We Assume that Assumption Is a Good Idea? State Wetland Permitting and Act 183, discuss the mechanics of assumed jurisdiction and potential benefits and costs in...
