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Davenport Evans Announces New Partner Mike Snyder
Davenport, Evans, Hurwitz & Smith, LLP is pleased to announce that Michael L. Snyder has become a partner in the firm. Mike Snyder is a litigation attorney at Davenport Evans. Mike’s practice consists primarily of commercial and complex litigation, workers’...
Join the Jan. 7 Chamber Zoom on OSHA Emergency Temporary Standard
On Friday, January 7, from 11-11:45 a.m., the Greater Sioux Falls Chamber of Commerce is hosting a Zoom meeting exclusively for Chamber and Sioux Falls Development Foundation members. Davenport Evans Lawyers Jean Bender and Brooke Schmidt will provide a timely update...
Bank Holding Company Compliance Issues for Community Banking Organizations
Most South Dakota-based community banking organizations include a bank holding company (BHC), perhaps resulting from when the organization made its first acquisition and needed outside financing to get the deal done. Regardless of why the organization chose to create...
The Emergency Temporary Standard that Impacts Many South Dakota Employers
UPDATE: On January 13, 2022, the United States Supreme Court stayed OSHA’s Vaccination or Testing ETS. At this time, covered employers do not need to comply with the ETS’s requirements. The case will now be litigated on the merits before the Sixth Circuit Court of...
OCC Issues Guidance on Payment System Regulation
In October 2021, the OCC released new guidance concerning payment systems. This guidance incorporated new regulations promulgated in December 2020, imposing specific notice requirements on national banks and federal savings associations entering new or modified...
Holiday Service at The Banquet 2021
Davenport Evans lawyers and staff continued the firm’s annual holiday tradition of volunteering at The Banquet, a feeding ministry, in December. Led by former Banquet Board Chair and Davenport Evans lawyer Eric Schulte, the group of volunteers served at The Banquet’s...
2022 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, 2022. Applicable Exclusion Amount Under the 2010 Tax...
Why Your Bank Must Have a Marijuana Banking Policy
Legalized marijuana is here to stay – in what form and with how much risk is yet to be determined. To assess and control that risk, South Dakota bankers should become familiar with the various new state and local laws and have a clear understanding of the Federal laws...
Podcast – Pandora Papers and South Dakota Trusts: The Rest of the Story
Understanding the impact and vital importance of true and accurate information regarding the recent release of the Pandora Papers, Bridgeford Trust Company – in an effort to tell the rest of the story and clarify the facts – organized and produced this very timely and...
President Biden’s Latest Plan to Vaccinate the Unvaccinated
On September 9, 2021, President Biden announced his six prong COVID-19 initiative to boost vaccinations across the United States. Most notably for employers, the plan affects private employers who have 100 or more employees, as well as government contractors....