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Suspicious Activity – Will You Know It When You See It?

Suspicious Activity – Will You Know It When You See It?

The Federal Bank Secrecy Act is aimed at preventing money laundering and the financing of terrorism or other criminal activity, and suspicious activity reporting is a key component of the BSA framework. A bank’s failure to file suspicious activity reports or its...

Ashley Brost Awarded SDDLA Associate Lawyer Award (Rising Star)

Ashley Brost Awarded SDDLA Associate Lawyer Award (Rising Star)

The 2022 South Dakota Defense Lawyers Association (SDDLA) Awards were held November 3. The SDDLA Associate Lawyer Award (Rising Star) was awarded to Ashley Brost, of Davenport, Evans, Hurwitz & Smith, LLP in Sioux Falls. The SDDLA Associate Lawyer Award (Rising...

A Primer on Permissible Bank Investments

A Primer on Permissible Bank Investments

Banks are creatures of limited powers under both state and federal law and are tightly constrained when it comes to the types of investments they may hold. Those constraints apply to both debt securities a bank may hold for investment, and also equity securities,...

2023 Estate Gift Tax Exclusions

2023 Estate Gift Tax Exclusions

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, 2023. Applicable Exclusion Amount Under the 2010 Tax...

Kingler Admitted to South Dakota Federal Court

Kingler Admitted to South Dakota Federal Court

On October 3, Davenport Evans litigation attorney Kurt Wm. Kingler was admitted to practice in the United States District Court, District of South Dakota. Kingler was sworn in by The Honorable Karen E. Schreier, United States District Judge for the District of South...

Which Local Employment Laws Apply to Remote Work?

Which Local Employment Laws Apply to Remote Work?

We are frequently asked, “Which local laws apply when workers temporarily relocate? Does the answer depend on whether the employer assigned the employee to work in that location or whether the employee is some sort of digital nomad who works remotely from locations...

Davenport Evans Emmy Winners Share Awards Night Picks

Davenport Evans Emmy Winners Share Awards Night Picks

With the 74th Annual Emmy Awards airing tonight on NBC, Davenport Evans thought it might be fun to introduce you to our two Upper Midwest Regional Emmy® Award-winning lawyers, Dillon Kober and Joel Rische. We asked them about their award-winning projects and their...