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Tag Archives: law

Arthur J. Gallagher & Co. acquires Marchetti, Robertson & Brickell Insurance and Bonding Agency, Inc.

Arthur J. Gallagher & Co. today announced the acquisition of Marchetti, Robertson & Brickell Insurance and Bonding Agency, Inc., with offices in Ridgeland and Kansas City, Missouri. Terms of the transaction were not disclosed. Founded in 1953, Marchetti, Robertson & Brickell is a retail property/casualty broker, and employee benefits consultant/broker, serving clients throughout the United States, with a focus on the construction, bonding, transportation and forest product ...

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LAW ELEVATED — Benefit plan records retention: How long is enough?

Ask any benefits professional and he or she will likely tell you the question most frequently asked by benefit plan sponsors is: “How long do I have to keep these old plan documents?” The answer to that question depends whether the benefit plan is subject to federal law (the Employee Retirement Income Security Act or “ERISA”).  Most benefit plans sponsored ...

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Man pleads guilty to rigging bids at foreclosure auctions

Prosecutors say a businessman accused of conspiring to rig bids at public foreclosure auctions in Mississippi has become the sixth real estate investor to plead guilty in the investigation. The Sun Herald cites a U.S. Department of Justice statement as saying that Ivan Spinner pleaded guilty Monday in U.S. District Court to one charge of price fixing. Prosecutors say that from April ...

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Guilty pleas in illegal shipping of hazardous waste

Three people have pleaded guilty in federal court to illegally transporting 9 million pounds of hazardous waste from Mississippi to Missouri without acquiring the proper permits. Raymond Williams, 71, of Atlanta, the president and CEO of U.S. Technology Corp., based in Canton, Ohio, pleaded guilty Tuesday to conspiring to transport hazardous waste. The company also pleaded guilty. Daryl Duncan, 37, ...

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Artificial intelligence a game changer for the practice of law

By BECKY GILLETTE Artificial intelligence (AI) is being adopted by law firms for many different functions that can help lawyers do a better job at a lower cost, said William Painter, chief innovation officer and shareholder with Baker Donelson’s Jackson office. “These important tools allow us to be more efficient in what we do and give us additional insights into ...

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LAW ELEVATED — Blue Cross policy dispute battle revisited

In terms of governmental policy disputes, the 2013 battle between a private hospital chain, Health Management Associates, and Blue Cross & Blue Shield of Mississippi, was epic in proportions. What began as a contract dispute between two major corporations quickly escalated, eventually involving the governor, the commissioner of insurance, the attorney general, the Legislature, and a federal district court. The ...

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Court says son can sue psychiatrist over father’s suicide

The Mississippi Court of Appeals says the son of a man who killed himself can sue a psychiatrist and the psychiatrist’s employer. The court ruled 5-4 Wednesday that Graham Irby can sue Dr. Sudhakar Madakasira and Psycamore LLC over claims that Madakasira’s intentional acts created an “irresistible impulse” to suicide in his father. Part of one of Jackson’s richest families, ...

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Former Viking Range Corp. repays $2.5 million to state for failure to comply with MDA loan

On Thursday, the Mississippi Office of the State Auditor  released a report detailing the relationship of the former Viking Range Corp. with the Mississippi Development Authority. After failing to produce and maintain 250 additional jobs for five years at the Greenwood facility, the company has repaid in excess of $2.5 Million to the state. In July 2005, the MDA completed a ...

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LAW ELEVATED — Opportunity Funds — The new tax bill’s incentive to spur investments into certain community development projects

The 2017 Tax Cuts and Jobs Act, enacted Dec. 22, 2017 (the “Act”), offers new tax incentives aimed at benefiting low-income communities (“LICs”) (as defined under the new markets tax credit (“NMTC”) regulations) through the creation of Qualified Opportunity Zones (“Opportunity Zones”).  Congress believes the Opportunity Zone legislation will encourage investments that will be used to start businesses, develop abandoned ...

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