On July 22, 2020 Leaflink, a B2B cannabis marketplace, closed a $250 million senior secured credit facility with an undisclosed private lender. In the press release, Leaflink described the deal as “one of the largest debt financing deals completed in cannabis to date and…an important milestone for the industry.” When most people think of cannabis industry financing for retailers or operators, rather than debt financing, they think of sale-leasebacks with a cannabis real estate investment…
It is common for private company co-owners to have disagreements while they operate their business, but they typically work through these disputes themselves. In those rare instances where conflicts escalate and legal action is required, business partners have two options—filing a lawsuit or participating in an arbitration proceeding. Arbitration is available, however, only if the parties agreed in advance to arbitrate their disputes. Therefore, before business partners enter into a buy-sell contact or join other…
CLAREMONT, CALIFORNIA – August 24, 2020 – Manufacturing and Supply Chain Expert, Lisa Anderson, MBA, CSCP, CLTD, president of LMA Consulting Group Inc., tells companies to recognize workforce talents and take time to partner with the right suppliers. LMA Consulting Group works with manufacturers and distributors on strategy and end-to-end supply chain transformation to maximize the customer experience and enable profitable, scalable, dramatic business growth. “Stabilizing the supply chain has been critical these last few…
Over the past couple of months, we have written on decisions by various European insurers to pay policyholders for their COVID-19 related losses. That positive trend is now moving across continents.…
Introduction. In this tragic case involving interesting legal issues, a ranch hand was killed when he was trampled by cattle while working for a ranch. The ranch hand’s surviving parents and children sued the ranch for wrongful death and survival claims. The ranch was a nonsubscriber under the Texas Workers Compensation Act. However, the trial court tossed the family’s case on summary judgment under an obscure statute known as the Texas Farm Animal Activity Act.…
If you’re an individual and you want to sign up for my new online course Drafting Clearer Contracts: Masterclass, you go to the course home page, here. But if you’re a company, law firm, or government agency, you contact me directly. That’s what two companies did, and soon I’ll start a series of Masterclass for […]
The post My First Corporate Clients for “Drafting Clearer Contracts: Masterclass” appeared first on Adams on Contract Drafting.…
This year has been probably the worst on record since a long time ago. Then again, I wonder if every year ends up being a personal hell for someone somewhere. If you think about it, maybe this is just life.
It feels like nothing has progressed this year. Probably not just for me – for everyone. I feel very stuck in the muck and unable to get out of the swamp. Torts and Contracts are…
Much of the discussion to date regarding price gouging laws has rightly focused on the two core elements of a price gouging lawsuit: what constitutes a violation and what are the defenses? And while these defenses are valid, most would prefer to never have to spend the time and expense getting a case dismissed in the first place – raising the question of whether a declaratory judgment may be the right solution.…
The chaos that has ensued from the regrading of A-Levels in the UK highlights far-reaching impacts of automated decision-making and why its use is restricted under the GDPR.
The law
Decisions which are based solely on automated processing which “produces legal effects concerning [the data subject] or similarly significantly affects [the data subject]” are prohibited under Article 22 of the GDPR.
There are some limited exceptions – (i) if the decision-making is necessary for the…