By Angela Gonzales | Phoenix Business Journal The Goldwater Institute sued the city of Phoenix this week, challenging the use of tax dollars to benefit the developer of a 26-story residential tower being built in downtown Phoenix. Hubbard Street Group and Cresset Real Estate Partners — both based in Chicago — are making their Phoenix debut with the development of this $87 million project …
Rose Law Group Corporate Transactions Chair Shruti Gurudanti weighs in on new tax rule changes for payment apps like Venmo, PayPal
By Jeanne Sahadi | CNN Business If you’re among the millions of people who use payment apps like PayPal, Venmo, Square, and other third-party electronic payment networks, you could be affected by a tax reporting change that goes into effect in January. Payment app providers will have to start reporting to the IRS a user’s business transactions if, in aggregate, they total …
Jordan Rose, founder and president of Rose Law Group, comments on theft of gallery owner’s multimillion-dollar NFT collection
By Shanti Escalante-De Mattei | Art News “I have been hacked. All my apes gone. This just sold please help me,” wrote gallery owner Todd Kramer, of New York’s Ross + Kramer Gallery, in a since-deleted tweet posted on December 30. A phishing scam had drained his Ethereum wallet of 15 NFTs valued at a total of $2.2 million, including four apes from the “Bored …
DAO Aiming to Buy NBA Team Has Quickly Raised $1.7M in Ethereum; Rose Law Group Founder and President Jordan Rose comments on the advantage of DOAs
By Jason Nelson | Decrypt Hot off the news of a DAO quickly forming to bid on a copy of the U.S. Constitution, another is taking a shot at buying an NBA franchise. DAOs, shorthand for “decentralized autonomous organizations,” are leaderless internet groups that are usually, but not always, governed by a cryptocurrency or token. Krause House, named after the …
Zappos founder Tony Hsieh’s friends, family feud over his $500M fortune; George Finn, Rose Law Group transactional and estate planning attorney, weighs in on the importance of a ‘proper estate strategy’
By Katherine Sayre | Wall Street Journal More than a year after former Zappos.com Inc. Chief Executive Tony Hsieh died from injuries sustained in a mysterious fire, his family and friends are feuding over the entrepreneur’s estate including financial claims based on deals scribbled on sticky notes. Mr. Hsieh, known for promoting happiness in the workplace and a fun-loving approach …
Succession: Next Up? Presented by Shruti Gurudanti, Rose Law Group Chair of Corporate Transactions
By Madelaine Braggs | Rose Law Group Reporter Having a worse case scenario plan can make all the difference for a business’ long-term success. That was the featured topic at this week’s ‘World’s Best Connectors‘ round table, presented by Shruti Gurudanti, Corporate Transaction Chair at Rose Law Group. Gurudanti says due to covid, 31.3% of small businesses in Arizona closed down and many …
Supreme Court rules ruling deals major setback to Prop 208, ruling vital provisions are unconstitutional. Sends case back to trial court.
(Disclosure: Rose Law Group represents Ann Siner of My Sister’s Closet and Judge John Buttrick in their litigation efforts against 208.) By Jeremy Duda | AZ Mirror The Arizona Supreme Court refused to block a voter-approved tax hike on the state’s top earners, rejecting a challenge brought by Republican lawmakers and a local business, who argued that the tax violated …
Arizona Supreme Court likely sinks Proposition 208; Rose Law Group partner Logan Elia comments
(Disclosure: Rose Law Group represents Ann Siner of My Sister’s Closet and Judge John Buttrick in their litigation efforts against 208.) By Arjun Rondla | Chamber Business News The Arizona Supreme Court last Thursday issued a ruling that puts the future of Proposition 208 on shaky ground. Narrowly adopted by voters last November, Proposition 208 sought to increase Arizona’s top state income tax rate by more than …
Jordan Rose, founder and president of Rose Law Group, highlights why the Valley should be Samsung’s top choice
Arizona land department again postpones auctions for property eyed by Samsung By Corina Vanek | Phoenix Business Journal For a fourth time, two Arizona State Land Department auctions for land that had been under consideration as a potential site for a new Samsung factory were adjourned after no bidders placed bids. The appraisals on both parcels were set to expire …
Business leaders talk manufacturing future, jobs at Pinal Partnership; Rose Law Group Founder and President Jordan Rose moderates
By Aaron Dorman | Pinal Central (Photo via Pinal Partnership Twitter) GOLD CANYON — According to Arizona Chamber of Commerce CEO Danny Seiden, the only thing hotter than Arizona’s temperature is its economy. This month’s Pinal Partnership breakfast discussion, held at Gold Canyon Golf Resort, focused on bringing manufacturing jobs to the region. While the panelists touted the business-friendly atmosphere …