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Three main methods of acquiring business
/in Insight Mergers and Acquisitions /by Nathan HatcherGavel to Gavel appears in The Journal Record. This column was originally published in The Journal Record on October 10, 2019. By Phillips Murrah Attorney Travis E. Harrison Acquiring a business is done through three main methods: merging with the selling company, referred to as the target company; purchasing the assets of the target company; or purchasing […]
Attorney Ashley Schovanec in article on potential Oklahoma civil lawsuit award caps
/in Insight Commercial Litigation /by Nathan HatcherAshley M. Schovanec, Phillips Murrah Litigation Attorney, was quoted in a Journal Record article by Steve Metzer regarding the decision by Chris Kannady, chairman of the Oklahoma House Judiciary Committee, to consider a legislative compromise to a ruling that made caps on certain damages in civil lawsuits unconstitutional. Read Schovanec’s comments below: Ashley M. Schovanec, […]
Buying in to medical practices entails special planning
/in Insight Healthcare Law /by Nathan HatcherIn this article, Oklahoma City Attorney Erica K. Halley answers questions about the basics of investing in a medical practice. What does it mean to buy in to a medical practice? Small health care practices are typically owned by one or more of the health care providers at the practice. Such practices are usually organized […]
Summary of Oklahoma Opioid Decision
/in Insight Healthcare Law /by Dave RheaThe following summary of the Oklahoma opioid decision is also published at Lexology.com. The decision in the non-jury trial, Oklahoma ex rel. Mike Hunter, Attorney General of Oklahoma v. Purdue Pharma L.P. et al was filed on August 26, 2019. The trial, which lasted for thirty-three days, focused on the State’s sole claim against the defendants […]
OG&E and PSO seek to establish new compensation rates for customers’ solar power
/in General, Insight Clean Energy Law, Environmental Law, Governmental Regulatory Law, Public Utilities /by Dave RheaThis guest column was originally published in The Journal Record on Sept. 9, 2019. By Phillips Murrah Attorney C. Eric Davis Homeowners and businesses interested in utilizing rooftop solar panels to produce their own power should take note. Cases were filed Aug. 19 and Sept. 4 at the Oklahoma Corporation Commission that will determine how […]
Partners are not employees
/in Insight Tax Law /by Nathan HatcherGavel to Gavel appears in The Journal Record. This column was originally published in The Journal Record on August 29, 2019. By Phillips Murrah Attorney Jessica N. Cory On June 28, the Internal Revenue Service finalized Treasury regulations relating to the tax treatment of partners (T.D. 9869). These regulations confirm that owners of an entity treated as […]
Child support payments based on several variables
/in Insight Divorce & Legal Separations, Family Law /by Nathan HatcherIn this article, Oklahoma City Attorney Robert K. Campbell answers questions about the basics of arranging and handling Oklahoma child support. Who pays child support in a divorce proceeding? Oklahoma law requires both parents to provide financial support for their children during a divorce. That being said, typically it is one parent paying the other […]
Employers should examine paid parental leave policies
/in Insight /by Nathan HatcherThe notorious absence of any federally mandated paid family leave in the United States was a significant issue during the 2016 presidential election. Recent legislative proposals indicate that the issue will only gain steam through 2020 and beyond. Paid parental leave is not a partisan issue, as demonstrated by legislators on both sides of the […]
How to determine whether to hold or terminate an oil and gas lease
/in Insight Energy and Natural Resources Practice, Oil and Natural Gas Title Examination /by Nathan HatcherWhen a landowner leases property to an energy company, the lease agreement typically contains a held-by-production provision, also known as a habendum clause. In Oklahoma, habendum clauses in oil and gas leases establish that after the primary lease term has ended, the lease shall remain in force as long as the land is capable of […]
Deadline Monday for pharmacies’ annual inventory of controlled dangerous substances
/in Insight /by Nathan HatcherIn this article, Oklahoma City Attorney Martin J. Lopez III discusses requirements pharmacies must abide by when submitting controlled substance inventories and the consequences they may face if they neglect to do so. There seems to be increasing regulation of pharmacies in recent years, and this has been heightened by the responses to the opioid […]
Possible Relief for FMLA Administration Pain Points
/in Insight Labor and Employment /by Nathan HatcherIt’s no secret that employers have found administration of leave under the Family and Medical Leave Act (FMLA) to be a significant pain point. Relief, however, may be on the way. In a spring regulatory agenda notice, the U.S. Department of Labor announced that it is considering making some changes to the FMLA. The Department […]
Federal income tax challenges for medical marijuana businesses in Oklahoma
/in Insight Tax Law /by Nathan HatcherIn this article, Oklahoma City Attorney Jessica N. Cory explores the conflict between federal and state law as it pertains to Oklahoma medical marijuana businesses. What is the primary federal tax issue for Oklahoma medical marijuana businesses? Jessica Cory, attorney with Phillips Murrah law firm answers: The primary tax issue for Oklahoma medical marijuana businesses […]
Who should define the terms of an oil and gas lease?
/in Insight /by Nathan HatcherWhose job is it to determine which expenses can be deducted from royalty payments under the terms of an oil and gas lease? Is it the lessee or the operator? People argue both positions and all parties desire clarity in who bears this burden. Unfortunately, there are many interpretations of the differing forms of deductions […]
#MeToo movement reaches merger transactions
/in Diversity, Insight Mergers and Acquisitions /by Nathan HatcherIn this article, Oklahoma City Attorney Erica K. Halley discusses the “#MeToo” movement and the Weinstein Clause as they relate to requirements in buying and selling companies. What is the #MeToo movement and how did it start? In October 2017, The New York Times published an article detailing decades of sexual misconduct by film producer […]
Oklahoma Supreme Court ruling on noneconomic damages could have profound impact
/in Insight Product Liability Litigation /by Nathan HatcherOn Tuesday, the Oklahoma Supreme Court ruled Oklahoma’s statutory cap on noneconomic damages violates the Oklahoma Constitution because it singles out for different treatment less than the entire class of similarly situated persons who may sue to recover for bodily injury. In plain terms, the court found the statute is a “special law” that limits […]