Calfee Corporate and Finance practice group Co-Chair Brent Pietrafese answers important questions about M&A transactions, including F-Reorgs, how to avoid post-closing disputes, and ESOP-owned acquisition targets.
Firm Chair and veteran Corporate and Finance Partner Doug Neary discusses some of the biggest and most typical problems seen in executing M&A deals as well as recent innovations in M&A transactions for companies and private equity firm clients.
Firm Vice Chair and Corporate and Finance Partner Jennifer Vergilii discusses the top strategic deal considerations and unique challenges involved in cross-border transactions and explains how Calfee's membership with Lex Mundi, the world's leading network of independent law firms, enables Calfee to seamlessly serve clients in any jurisdiction across the U.S. and globally.
Are you a California employer? Or are you a multi-state employer operating with some employees in California? Effective July 1, 2024, new Section 6401.9 of the California Labor Code requires nearly all California employers to implement a Workplace Violence Prevention Plan and corresponding training program. With very limited exceptions, California employers must adopt and effectuate a WVPP.
On the latest episode of Calfee NOW, Michael W. Bowen, Partner with the firm's Government Relations and Legislation practice, and Michael G. VanBuren, Partner with the firm's Health Care Regulation practice, spoke with Steve Millard, President and CEO of the Greater Akron Chamber.
The Tax Cuts and Jobs Act (TCJA) of 2017 doubled the 2018 basic exclusion amount from $5.6 million per person to $11.18 million per person. In 2023, an individual’s basic exclusion amount is $12.92 million and $25.84 million collectively for a married couple. This high basic exclusion amount means that many individuals will not need to pay an estate tax at death if they die in 2023.
However, on January 1, 2026, the basic exclusion amount is legislatively scheduled to be reduced to $5 million per person adjusted for inflation to an estimated $7 million per person or $14 million collectively for a married couple. This is almost $6 million less per person than today.
Now is the time for individuals with a net worth of $7 million or more and married couples with a net worth of $14 million or more to minimize their estate tax exposure.
As a business owner considering a sale, there is a laundry list of things that might keep you up at night, and confidentiality is likely at or near the top of that list. A business has many different critical parties who may be concerned about the fact that the ownership is pursuing a sale, including employees, customers, and suppliers. At what point do you make them aware that a transaction is taking place?
Exploring a deal with a potential buyer will also inevitably require the Seller to share the Company’s sensitive/confidential information. What happens when a deal falls through (which, unfortunately, is not an unusual occurrence for a variety of reasons) and the potential buyer is now in possession of the Company’s confidential information? These concerns can have a major impact on the viability of a deal and on the go-forward success of the Company.
On June 14, the U.S. Department of Treasury and the Internal Revenue Service released proposed regulations that seek to provide guidance for taxpayers looking to make use of Section 48D Advanced Manufacturing Investment Credit (CHIPS ITC) benefits.
On the latest episode of Calfee NOW, Raymond Tarasuck, Senior Counsel with the firm's Government Relations and Legislation practice, and Michael Bowen, Associate Attorney with the firm's Government Relations and Legislation practice group, spoke with Ohio State Representative Sean Brennan.
Earlier this spring, the Department of Treasury published proposed rules with respect to the advanced manufacturing investment credit established under the CHIPS and Science Act. While these are just proposed rules surrounding the potential tax credit and are not yet set in stone, companies and manufacturers may already have questions about whether they stand to benefit.
Calfee Connections blogs, vlogs, and other educational content are intended to inform and educate readers about legal developments and are not intended as legal advice for any specific individual or specific situation. Please consult with your attorney regarding any legal questions you may have. With regard to all content including case studies or descriptions, past outcomes do not predict future results. The opinions expressed may not necessarily reflect the viewpoints of all attorneys and professionals of Calfee, Halter & Griswold LLP or its subsidiary, Calfee Strategic Solutions, LLC.
Non-legal business services are provided by Calfee Strategic Solutions, LLC, a wholly owned subsidiary of Calfee, Halter & Griswold. Calfee Strategic Solutions is not a law firm and does not provide legal services to clients. Although many of the professionals in Calfee’s Government Relations and Legislation group and Investment Management group are attorneys, the non-licensed professionals in this group are not authorized to engage in the practice of law. Accordingly, our non-licensed professionals’ advice should not be regarded as legal advice, and their services should not be considered the practice of law.
Updates related to all government assistance/incentive programs are provided with the most current information made available to Calfee at the time of publication. Clarifications and further guidance may be disseminated by government authorities on an ongoing basis. All information should be reaffirmed prior to the submission of any application and/or program participation.
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Recent Posts
- Calfee's Brent Pietrafese Answers Important M&A Questions About F-Reorgs, Avoiding Post-Closing Disputes, and ESOP-Owned Acquisition Targets
- Calfee's Doug Neary Discusses Some of the Biggest and Most Typical Problems Seen in Executing M&A Deals as well as Recent Innovations in M&A for Companies and Private Equity Firm Clients
- Calfee's Jennifer Vergilii Discusses the Strategic Deal Considerations and Unique Challenges Involved in Cross-Border M&A Transactions
- Employers Operating With Employees in California Are Now Required To Implement a Workplace Violence Prevention Plan and Training Program
- Calfee NOW: Steve Millard, President & CEO, Greater Akron Chamber
- Planning Before the Fall: Estate Planning Strategies To Consider Before December 31, 2025 (Or Sooner?)
- Keeping Things Confidential: How To Protect Sensitive Information in an M&A Deal – The Middle Market Deal Corner
- Proposed Regulations Provide Guidelines for CHIPS ITC
- Calfee NOW: Ohio State Representative Sean Brennan
- Tax Credits Under the CHIPS and Science Act: Proposed Rules Rollout
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