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Grant Money Doesn't Come Free: How to Keep Your Company Out of Trouble When Using Federal Funds
The American Recovery and Reinvestment Act has already begun to pump billions of dollars into federal grant programs that run the gamut from education to the environment to infrastructure improvement. This unprecedented influx of capital has attracted both long-standing recipients of federal grants ' such as state and local government, colleges and universities, and non-profit organizations ' as well as many newcomers to the federal grant process, including private, for-profit companies.
For example, the Recovery Act appropriates literally billions of dollars for the development of green technologies, including $2 billion for advanced battery projects, $6.7 billion for energy efficiency programs, and $93 million for wind energy projects with an emphasis on research and development. Many of these funds are available on a competitive basis to for-profit companies as well as those long-standing recipients noted above. And that's just the funding available from the Department of Energy. Many other federal agencies also received billions of dollars in Recovery Act funds that will, in turn, be spent through federal grant awards. For instance, the Department of Defense has allocated $300 million for near-term energy-efficiency research and demonstration projects. Additionally, some of the funding allocated to the National Science Foundation will undoubtedly be available for clean-energy research and development (potential applicants can locate programs of interest on a federal Web site, www.grants.gov).
The Article 8 Opt In
The Article 8 opt-in election adds an additional layer of complexity to the already labyrinthine rules governing perfection of security interests under the UCC. A lender that is unaware of the nuances created by the opt in (may find its security interest vulnerable to being primed by another party that has taken steps to perfect in a superior manner under the circumstances.
Major Differences In UK, U.S. Copyright Laws
This article highlights how copyright law in the United Kingdom differs from U.S. copyright law, and points out differences that may be crucial to entertainment and media businesses familiar with U.S law that are interested in operating in the United Kingdom or under UK law. The article also briefly addresses contrasts in UK and U.S. trademark law.
Beach Boys Songs Written Decades Ago Triggered Current Quarrel With Lawyers
There's current litigation in the ongoing Beach Boys litigation saga. A lawsuit filed in 2019 against Nevada residents Mike Love and his wife Jacquelyne in the U.S. District Court for the District of Nevada that alleges inaccurate payment by the Loves under the retainer agreement and seeks $84.5 million in damages.
Strategy vs. Tactics: Two Sides of a Difficult Coin
With each successive large-scale cyber attack, it is slowly becoming clear that ransomware attacks are targeting the critical infrastructure of the most powerful country on the planet. Understanding the strategy, and tactics of our opponents, as well as the strategy and the tactics we implement as a response are vital to victory.
Transfer Tax Implications on Real Property Leases
The real property transfer tax does not apply to all leases, and understanding the tax rules of the applicable jurisdiction can allow parties to plan ahead to avoid unnecessary tax liability.