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Cybersecurity is Relentless! | Gray Reed - Vimarsana News

Cybersecurity is Relentless! | Gray Reed

Last week I had the privilege of attending the Construction Financial Management Association Dallas/Ft Worth Chapter’s monthly membership education luncheon as a prospective member. The...

Broad Form Indemnities in Construction Contracts (UPDATED) | Gray Reed - Vimarsana News

Broad Form Indemnities in Construction Contracts (UPDATED) | Gray Reed

Broad form indemnities are common in Texas construction contracts, even though indemnifying someone for their own negligence is a tough pill to swallow. 

Federal Income Taxation of Intellectual Property Development and Cost Recovery | Gray Reed - Vimarsana News

Federal Income Taxation of Intellectual Property Development and Cost Recovery | Gray Reed

Intellectual property (“IP”) development can cost millions of dollars so cost recovery timing can be financially material. General tax principles typically require that expenses...

Louisiana Regulatory Taking Claim Defeated | Gray Reed - Vimarsana News

Louisiana Regulatory Taking Claim Defeated | Gray Reed

Itching to sue the government for taking your property? Treme v. St. John the Baptist Parish Council is a reminder that you must have a property interest subject to being taken in order...

Tax Court Decision on Family Business Affecting Income Tax, Estate Tax | Gray Reed - Vimarsana News

Tax Court Decision on Family Business Affecting Income Tax, Estate Tax | Gray Reed

In a recent Tax Court decision, the court reviewed the activities of the Huffman family as it pertained to corporate dealings involving the family aviation business (Infinity Aerospace...