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Category: Media Mentions

Will Super-Voting Stock Get A Tax Lyft?

Forbes mentions the New York State Bar Association’s Tax Section report from 2013. Super-voting stock allows a company’s management or founders to freely control the company and not worry about hostile takeovers or influence exerted by large shareholders that may be focused on quick profits. The use of super-voting stock, or high-vote stock, is by … Continued

Legalize Marijuana, Governor Says

The East Hampton Star (NY) mentions NYSBA and its Committee on Cannabis Law co-chair, Aleece Burgio is quoted. The legalization of recreational use of marijuana for adults is, for the second year in a row, included in Gov. Andrew M. Cuomo’s executive budget. The legislation would establish a regulated adult-use cannabis program that the governor … Continued

MedMen co-founder and CEO Departs * New York State Bar Association recommends cannabis legalization & more (Newsletter)

CannabisWire quoted the Committee on Cannabis Law co-chairs on the committee’s report on legalizing marijuana. The company announced Friday that COO and CTO Ryan Lissack will serve as interim CEO. Bierman will remain on the company’s board. Also, Bierman and his co-founder Andrew Modlin have both surrendered their super voting shares, leaving the company with … Continued

5 Issues On The Minds of Managing Partners

AboveTheLaw reported on the Managing Partners Roundtable during Annual Meeting. “Uneasy lies the head that wears a crown,” in the famous words of Shakespeare. Applied to the world of law firms, it could be translated as follows: “It’s not easy being a managing partner.”