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Law & Accounting

BRIDGFORTH RUTLEDGE — Which is better? One entity ownership vs. multiple entity ownership

I have clients who own multiple properties (or multiple businesses), and they are sometimes not sure whether they should own each property/business in the same entity (such as a limited liability company or corporation) or form different entities to own each property/business separately. They are also not sure whether they should individually own the entity that owns the asset or ...

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Analysis: As prison closes, state still reckons with debt

If you’ve got to keep paying for something, you might as well use it. That, more than anything, might be the logic behind the announcement from Mississippi Corrections Commissioner Marshall Fisher last week that the state prison system intends to seek new uses for the recently closed Walnut Grove Correctional Facility. Fisher said last week saying the department is considering ...

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NEW DIGS, NEW IDEAS — Baker Donelson offers non-traditional features for employees

By LISA MONTI Visitors to Baker Donelson’s new law offices won’t see corner offices, standard office furniture or a plain coffee pot on the kitchenette counter. Those and other fixtures have been replaced by non-traditional, new features like sit-stand desks and coffee bars. The firm’s lawyers and staff moved into three of the five floors of the new One Eastover ...

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MAULDIN — A day late and a dollar short: Mississippi Supreme Court underscores boorish side of ‘Gentleman’s Deal’

I’ve lived in my current home for about two years. It’s on the corner of a well-trafficked intersection, and we have a shed in the backyard. A few weeks back, I went to work and left the door to the shed unlocked – intentionally – despite the fact I’m generally aware that if you want to ensure your property is ...

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State says it will seek other uses for just-closed prison

Mississippi’s prison system says it will seek some other use for the just-closed Walnut Grove Correctional Facility. The facility had been run by private companies — most recently Utah-based Management and Training Corp. — but is owned by a public authority. Bond documents issued in July show the state still owes almost $94 million that was borrowed to build and ...

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Analysis: US phases out private prisons, Mississippi shuts 1

Mississippi jumped enthusiastically into using private prisons in the mid-1990s, when the Department of Corrections was under a longstanding federal court order to ease crowding and improve conditions in penitentiaries. The state went on a prison building spree and legislative leaders agreed with private-prison lobbyists, who pointed to government’s unimpressive record of prison management and said corporations might do more ...

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Here’s Mississippi’s best lawyers of 2017

2017 Edition of Best Lawyers is the oldest peer-review publication in the legal profession. Best Lawyers has published it list for over three decades as a source of legal referrals. Lawyers on the Best Lawyers in America list are divided by geographic region and practice areas. They are reviewed by their peers on the basis of professional expertise, and undergo an ...

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BLAKE ADAMS — Practice pitfalls: Minor mistakes in Medicare enrollment can lead to major consequences for health-care providers

For the vast majority of health-care providers in Mississippi, Medicare reimbursement is an essential component of any practitioner’s or institution’s revenue stream. But let’s face it — no one likes dealing with Medicare enrollment forms. The byzantine paperwork and forms required to participate in the Medicare program (each identified by a jumble of letters and numbers such as the CMS-855A, ...

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KYLE WILLIAMS — Operating commercial drones in Mississippi, what you need to know

The use of Unmanned Aircraft Systems (“UAS”), commonly known as drones, has become more prevalent for both recreation and business-related purposes. Nationally, many businesses, from Fortune 100 companies to small businesses, are using drones to provide a competitive advantage over their peers.  The first authorized use of drones for commercial purposes was by the oil industry, for its operations in ...

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