General

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Davenport Evans lawyer Tiffany Miller was interviewed for the monthly feature, “Five Questions,” appearing in the April 2019 edition of the Sioux Falls Area Chamber of Commerce Chamber News.

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Are you planning to offer a promotional giveaway or contest? Don’t let your dream promotion result in a compliance nightmare. Davenport Evans attorney Tiffany Miller identifies questions you need answered before your giveaway goes live.

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Davenport Evans lawyers joined volunteers from across the Sioux Empire today filling sandbags for Sioux Falls flood relief. The City of Sioux Falls has organized a sandbag-filling station at Sherman Park, to the north of the Great Plains Zoo, off the corner of 13th Street and Kiwanis Avenue. Residents can obtain 25 empty bags per vehicle free of charge and volunteers may sign up shifts to help fill sand bags through the 211 Helpline Center, from 8 a.m. to 8 p.m. daily. Find more resources here.

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On January 16, the CFPB and the New York Attorney General announced a settlement of claims against Sterling Jewelers, Inc., including brands Kay Jewelers, Goodman, and Jared the Galleria of Jewelry. According to the Complaint, Sterling engaged in unfair and deceptive business practices and violated TILA and Regulation Z in connection with the marketing and sale of credit products at their retail jewelry locations. Davenport Evans lawyer Keith Gauer examines the settlement and provides practical suggestions for banks to consider when originating credit products through third parties at points of sale.

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Davenport, Evans, Hurwitz & Smith, LLP is pleased to announce that Kalen K. Biord has become a partner in the firm. A South Dakota native, Kalen joined Davenport Evans in 2017 after practicing in Wyoming for a number of years.

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What does it mean if an animal is branded in South Dakota? What does branding mean for bankers who lend to livestock producers? Litigation attorney Vince Roche explains.

The lifetime estate exclusion amount (also sometimes called the estate tax exemption amount, the applicable exclusion amount, or the unified credit amount) has been increased for inflation beginning January 1, 2019. See tables here from Davenport Evans lawyers.

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Sometimes a bank wants to get a portion of a possibly troubled credit off its books. Management of the bank is willing to step in, motivated by good intentions, and provide financing to the borrower to help pay down the debt. But when both the bank and its affiliate have a lending relationship with the same borrower and the bank continues to advance funds to the borrower, the bank needs to tread carefully to avoid regulatory traps. Read more from financial services lawyer Charles D. Gullickson.

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Davenport, Evans, Hurwitz & Smith Law Firm, in Sioux Falls, South Dakota, welcomes pheasant hunters to the pheasant hunting capitol of the world! We have compiled South Dakota pheasant hunting resources and news from across the state, in one convenient place.

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Davenport, Evans, Hurwitz & Smith, LLP is pleased to announce the addition of a new attorney, Olivia R. Karns, to the firm.