News

What Measure 26 and Amendment A Mean for Employers

What Measure 26 and Amendment A Mean for Employers

On November 3rd, South Dakota voters approved Initiated Measure 26 (IM 26) to legalize medical marijuana and Amendment A to legalize recreational marijuana in South Dakota. Both IM 26 and Amendment A are not set to take effect until July 1, 2021. However, on November...

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What to Know About Monitoring Remote Workers

What to Know About Monitoring Remote Workers

Like other employers, financial institutions have worked to be flexible during the global COVID-19 pandemic by allowing employees to work remotely. With a growing remote workforce, many are enlisting the help of employee monitoring systems to oversee the devices used...

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A South Dakota Series LLC – Could It Be Right For You?

A South Dakota Series LLC – Could It Be Right For You?

The South Dakota Legislature recently passed laws allowing for the formation of “Series LLCs” in South Dakota. In doing so, it joins a number of other states and jurisdictions allowing Series LLCs to be formed, including Alabama, Arkansas, Delaware, the District of...

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Davenport Evans Welcomes Alayna A. Holmstrom

Davenport Evans Welcomes Alayna A. Holmstrom

Davenport, Evans, Hurwitz & Smith, LLP is pleased to announce the addition of a new attorney, Alayna A. Holmstrom, to the firm. A native of Rapid City, South Dakota, Alayna Homstrom joined the firm as an associate attorney in September 2020. She is a graduate of the...

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New Regulations Provide Relief for Usury Headache

New Regulations Provide Relief for Usury Headache

It is a truism in banking that federal regulations are a burden for the industry, and bankers often cite compliance with federal regulations as a significant burden. In a rare exception to that truism, the Office of the Comptroller of the Currency and the Federal...

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Best Lawyers® 2021 Recognizes 17 Davenport Evans Lawyers

Best Lawyers® 2021 Recognizes 17 Davenport Evans Lawyers

Davenport, Evans, Hurwitz & Smith, LLP in Sioux Falls, SD is pleased to announce that 17 Davenport Evans lawyers were listed in Best Lawyers® 2021 for South Dakota, in 24 different practice areas. In addition, Jean H. Bender was named “2021 Lawyer of the Year” for...

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Davenport Evans Welcomes Lori M. Rensink

Davenport Evans Welcomes Lori M. Rensink

Davenport, Evans, Hurwitz & Smith, LLP is pleased to announce the addition of a new attorney, Lori M. Rensink, to the firm. A native of Freeman, South Dakota, Lori Rensink joined the firm as an associate attorney in 2020. She is a graduate of the University of...

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Common Questions on Asset Protection Trusts

Common Questions on Asset Protection Trusts

From time to time the news media covers various issues related to the popularity of South Dakota’s trust laws. Recently there has been some coverage on the use of asset protection trusts in South Dakota. This coverage, combined with the challenging financial...

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OCC Combination Rules and Bank Lending Limits

OCC Combination Rules and Bank Lending Limits

When it comes to fast food dining, the combo meal makes life easy. When it comes to applying combination rules to a bank’s lending limits, though, it’s not quite as simple as a quick drive-thru at your local fast food joint. Bankers are well acquainted with lending...

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Announcing 2020 Davenport Evans Scholarship Recipients

Announcing 2020 Davenport Evans Scholarship Recipients

Over the last 30+ years, Davenport Evans scholarships have benefited over 250 high school seniors through the Sioux Falls Area Community Foundation. The scholarships are designated for use at institutions of higher learning in the state of South Dakota. “The firm...

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Davenport Evans Sponsors Levitt in Your Living Room Series

Davenport Evans Sponsors Levitt in Your Living Room Series

Join Levitt at the Falls and sponsor Davenport, Evans, Hurwitz & Smith for the premier of Levitt in Your Living Room, May 16 at 7 p.m. on Facebook Live! What is Levitt in Your Living Room? It’s a sneak peak, it’s a deep dive, and it’s a musical experience to...

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