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Law & Accounting

Technology not decreasing roles of notaries

By LYNN LOFTON Traditionally a notary public can be found in banks and law offices to certify the signing of paper documents. But are these services still needed in today’s paperless world? Yes, according to the Secretary of State’s office, the commissioning office for notaries in Mississippi. As technology becomes more and more prevalent, the role of the notary public ...

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Jurors convict Hattiesburg pastor in federal theft case

A Hattiesburg pastor was convicted Monday on three counts of conspiracy and theft in a federal case involving money skimmed from a federal housing program. Jurors returned guilty verdicts against the Rev. Kenneth Fairley after six hours of deliberation and a trial that stretched over parts of seven days. Fairley is a longtime political ally of Hattiesburg Mayor Johnny DuPree, ...

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Judge orders Hinds County district attorney cases unsealed

A judge has unsealed the court documents from a number of cases involving Hinds County District Attorney Robert Shuler Smith. Judge Larry Roberts granted motions by The Clarion-Ledger to unseal the records in six court cases and Hinds County Circuit Judge Jeff Weill’s administrative file. Some records related to the dispute are in Weill’s file. Lawyers for Attorney General Jim ...

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Analysis: Secrecy plagues court cases involving Hinds DA

The American justice system requires trials to be open to the public. But, so far, secrecy shrouds the legal maneuvering that could lead to a criminal trial where the defendant is the top prosecutor in Mississippi’s largest county. Citizens can’t understand the full story of the problems because at least five cases regarding Hinds County District Attorney Robert Shuler Smith ...

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LAW ELEVATED — The Autonomous Vehicle (AV) Revolution

The race is on for the commercialization of Autonomous (driverless) Vehicles (AV’s) – Google hopes to get there by 2020. You have probably noticed the almost daily news stories and television segments about AV technology. The reality is that the technology is here (subject only to being fine-tuned), but the regulatory scheme is causing some delays. In other words, our ...

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ON LAW — 7 steps to maintain corporate formalities

Is your business ready to go to the next level? Are you considering filing for incorporation? To do so, you must first file Articles of Incorporation with the Mississippi Secretary of State, which can be done on its website at sos.ms.gov. After the Articles of Incorporation are filed and the corporation is formed, an organizational meeting is held, bylaws are ...

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Shearer joins CPA firm

J. Robert (Bob) Shearer, CPA, has joined Smith Shellnut Wilson, LLC as vice president with responsibilities in the firm’s financial institution channel. Shearer recently retired as a partner from BKD, LLP where he had served as the industry leader for BKD’s financial institutions practice in Mississippi. Shearer was a founding partner of Shearer Taylor & Co. P.A., which merged with ...

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DAVID WEBB — Recently proposed regulations target small family businesses with increase in estate tax

The Obama Administration issued proposed regulations aimed at eliminating the availability of certain valuation discounts for many small closely held family businesses. The proposed regulations are promulgated pursuant to authority granted to the Internal Revenue Service under Internal Revenue Code, Section 2704, which was enacted over twenty-five years ago. The provisions, if they become final, can result in owners of ...

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Klein is ABA president

Linda Klein, senior managing shareholder in the Atlanta office of Baker Donelson, has became president of the American Bar Association. She will serve a one-year term ending in August 2017. Klein will focus on improving access to justice and providing legal assistance for our nation’s veterans. She will also emphasize two civic initiatives: one that mobilizes ABA resources to promote ...

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