News + Insights

Select a Type
article

I’ve Been Sued for a Preference (and don’t feel preferred at all)

March 15, 2012

|
Written By Paul A. Fanning
My business received a demand letter from a bankruptcy trustee for a bankrupt customer asking me to return payments I received for goods and…
article

Taxpayers Have One More Chance To Avoid Trouble: IRS Announces New Offshore Voluntary Disclosure Program

March 2, 2012

On January 9, 2012, the IRS announced a third Offshore Voluntary Disclosure program (“OVD”) for taxpayers with undisclosed foreign assets.  The IRS has collected…
article

Distressed Real Estate Developments and Declarant Rights: Potential Traps for Foreclosing Lenders

March 1, 2012

|
Written By Samuel B. Franck
One of the most complex and challenging categories of OREO assets is distressed real estate developments.  An unsettling number of stalled residential and commercial…
article

Tracing the Comet’s Tail: Metadata is now Discoverable Information in Litigation

February 15, 2012

|
Written By Allen N. Trask, III
Today it seems that all information eventually finds its way into an electronic form of one kind or another.  Thoughts are put into words…
article

Does Your Company’s Website Privacy Policy Pass the Test?

February 1, 2012

During the last year, Facebook®, Twitter®, and Google® each settled disputes with the Federal Trade Commission (“FTC”) relating to website privacy, and Google® has…
Firm News

Fifteen Ward and Smith, P.A. Attorneys Recognized as 2012 “Super Lawyers” or “Rising Stars”

January 25, 2012

Ward and Smith, P.A. is pleased to announce the inclusion of 15 of its attorneys in North Carolina Super Lawyers. The selection process, research,…
article

Your Federal Estate and Gift Tax Exemption – Use it or Lose it?

January 18, 2012

|
Written By Gregory T. Peacock
All individual taxpayers have a window of opportunity for passing their assets to family members or other individuals with less gift tax than ever…