Nicholas R. Amato was quoted in a recent Law360 article entitled “Hospitality Legislation And Regulation To Watch In 2017”. Mr. Amato, is a former executive director of the New Jersey Casino Reinvestment Development Authority and a past president of the Casino Association of New Jersey. In the article, Mr. Amato quoted, “a good next step would be changes to allow onlookers to wager on the outcomes of those competitions as well”.
To read the full article please click here.
Nicholas R. Amato is of Counsel in the Firm’s Casino & Gaming Law, Alternate Dispute Resolution Law and Trusts & Estates Law Practice Groups.
Of Counsel Michael Halfacre was quoted in a CreditCards.com article, “Marijuana businesses find card processing still elusive”, which was also featured on Nasdaq.com and Yahoo Finance.
The article offers a snapshot of the Marijuana industry in the US and covers a major obstacle many legitimate marijuana-related businesses are currently facing: elusive credit card transaction processing banks.
While the article touts patience among other key strategies for dealing with this issue, Michael Halfacre offers insight on a potential legislative remedy. Mr. Halfacre discusses the Marijuana Business Access to Banking Act, a bill pending in Congress since April 2015 that could pave the way for the processing of marijuana transactions by banks. “It would prevent the Justice Department from using federal funds to keep states from carrying out their own medical marijuana laws,” says Mr. Halfacre.
For the full analysis on this national emerging issue, please click here.
Partner Rajiv D. Parikh was featured in a recent Politico New Jersey article entitled “State senator wants to crack down on some political fundraisers” regarding potential legislation that would “ban political fundraisers from New Jersey if they don’t follow state election law.” Mr. Parikh offers insight as to why the courts may not find this type of regulation constitutional stating that “…enabling ELEC to ban someone from their chosen profession may be viewed as draconian and violative of individual rights and therefore subject to challenge.”
The entire article and further explanation from Mr. Parikh can be found here.