By Russell J. Stein and Jay R. Peabody The Tax Cuts and Jobs Act signed into law at the end of 2017 created a tax incentive aimed at increasing economic development in low-income communities. The law generally allows a taxpayer to defer paying taxes and “roll over” a capital gain into a Qualified Opportunity Fund....
Metro South Chamber event, Good Morning Metro South Brunch Edition hosted at the Martin Institute at Stonehill College. Jay Peabody and Russell Stein, of Partridge Snow & Hahn LLP, deliver a presentation on the Opportunity Zones, the most recent lucrative way to invest in emerging real estate markets within the United States. This presentation focuses on...
Governor Gina Raimondo has proposed legislation that would legalize the recreational use of marijuana by adults in Rhode Island. Proposed bills to legalize recreational use of marijuana in the Ocean State have stalled in the past, or have been sent to committees for more study. Governor Raimondo and other legislative leaders have been reluctant to...
By Colin A. Coleman, John E. Ottaviani, or Brian Reilly On January 10, 2019, Massachusetts Governor Charlie Baker signed new legislation to amend Massachusetts’ data breach notification law. The new law, which will be effective as of April 11, 2019, makes a few changes that are particularly relevant to Massachusetts businesses: 1. Emphasis on Immediate Breach Notification. Although...
By Colin A. Coleman, John E. Ottaviani, or Brian Reilly January is a good time for all businesses to review and update their cybersecurity policies and practices. We are only a few days into 2019, and already we are hearing breaking news about new data breaches. The German government suffered a breach involving many prominent politicians and...
By Eugene G. Bernardo II or David M. DiSegna On December 31, 2018, the IRS issued new regulations governing public approval requirements for tax-exempt private activity bonds under 26 U.S.C. § 147(f), which were originally enacted as part of the Tax Equity and Fiscal Responsibility Act of 1982, or TEFRA. The regulations make several significant changes to...
Partridge Snow & Hahn (PS&H) is pleased to announce that the firm has elected three attorneys to Partner: Travis J. McDermott, Alexandra W. Pezzello and Lawrence J. Sheh. McDermott and Pezzello are based in Providence, while Sheh is based in the firm’s Boston office. “These three talented and skilled lawyers will continue our firm’s tradition...
The construction industry experiences some of the highest incidences of litigation. Here are the contractual clauses most often involved in disputes and suggested variations that could help avoid the headaches and costs of litigation. Delay Claims Delay claims arise when one or more parties delay the project schedule. Delay damages are frequently catastrophic. For example,...
Partridge Snow & Hahn is pleased to share that attorneys Alicia J. Samolis and Matthew L. Mitchell had one of the most widely read employment law articles contributed to Law360 in 2018. Their article, “Avoiding The Pitfalls Of Pre-Employment Background Checks,” appeared as an Expert Analysis on March 6. The article examined a class action...
PS&H attorney Elizabeth Manchester was interviewed by Providence Business News for an article that explores what nonprofits need to consider when accepting deferred gifts, and why it is important for institutions to market planned gifts. Elizabeth pointed out that although estate gifts are made with the best intentions, gifts can create unintended complications for the institution. In her...
