News

Attorney Robert T. Smith recently attended the Bank Director “Acquire or Be Acquired” Conference in Scottsdale, Arizona. With a multitude of issues discussed, three issues were the main topic of the conference: Low-cost deposits, IT Costs and succession planning.

Late last year the FDIC, the Federal Reserve and the OCC finalized regulations on High Volatility Commercial Real Estate (HVCRE) first proposed in 2018. The final rule conforms the regulatory definition of HVCRE exposure to the statutory definition implemented under section 214 of the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA) effective May 24, 2018.

By: Robert T. Smith Last Wednesday the U.S. House of Representatives approved the Secure and Fair Enforcement Banking Act (SAFE) by a vote of 321-103, with 91 Republicans voting in favor. SAFE protects banks that serve marijuana businesses operating legally at the state level. Specifically, the legislation would prevent regulators from penalizing banks solely for serving legal operators.

With the rollout of medical marijuana in full swing for Arkansas-based cultivators, dispensaries and patients, businesses vying to provide them with products and services remain in an uncertain position.

If you are an accountant or tax professional, you won’t want to miss this opportunity as the firm’s tax attorneys bring their wealth of knowledge directly to you.

Friday, Eldredge & Clark, LLP will host its annual Tax Update Seminar in Little Rock on Tuesday, Nov. 6 from 8 a.m. to 4:45 p.m. at the UA Little Rock Bowen School of Law. This one-day comprehensive program highlights the most important and up-to-date information on tax law.

Friday Eldredge & Clark, LLP is pleased to welcome four new associates. Lindsey H. Emerson, Sarah Giammo and Caitlin Kennedy join the firm’s headquarters in Little Rock and Andrew Lawson is the newest member of the firm’s office in Rogers.