Alison Bauer

Apr 15, 2024 | mondaq.com | Alison Bauer |Yoni Bard

In a March 2024 decision, the U.S. Bankruptcy Appellate Panel for the First Circuit (the "Panel") followed existing case law prohibiting debtors in businesses related to cannabis from availing themselves of federal bankruptcy protections. The Panel, however, declined to follow a bright-line rule categorically denying bankruptcy relief to employees of cannabis businesses.

Apr 10, 2024 | jdsupra.com | Yoni Bard |Alison Bauer

In a March 2024 decision, the U.S. Bankruptcy Appellate Panel for the First Circuit (the “Panel”) followed existing case law prohibiting debtors in businesses related to cannabis from availing themselves of federal bankruptcy protections. The Panel, however, declined to follow a bright-line rule categorically denying bankruptcy relief to employees of cannabis businesses.

Sep 7, 2023 | lexblog.com | Alison Bauer

As previously discussed by Foley Hoag’s attorneys in its Cannabis practice, a rescheduling of cannabis from a Schedule I Controlled Substance to a Schedule III Controlled Substance will provide cannabis businesses with the ability to claim tax deductions and a host of other potential benefits, but it most likely will not open the courthouse doors for federal bankruptcy protection absent participation in other regulatory regimes like DEA registration.

Aug 23, 2023 | mondaq.com | Christopher Mosley |Alison Bauer

Directors and Officers (D&O) policies are intended first and foremost to protect a company's individual directors and officers from significant claims which may be asserted against those individuals in their capacities as directors and officers. That protection encourages and supports talented individuals to bring their skills to the company for the benefit of the company and its stakeholders.

Aug 23, 2023 | jdsupra.com | Alison Bauer |Christopher Mosley

Directors and Officers (D&O) policies are intended first and foremost to protect a company’s individual directors and officers from significant claims which may be asserted against those individuals in their capacities as directors and officers. That protection encourages and supports talented individuals to bring their skills to the company for the benefit of the company and its stakeholders.