Business

For every type of organization at any stage in its life cycle, Polsinelli Shughart PC Business Law Department attorneys are poised to provide savvy advice and imaginative solutions to your legal problems, as well as protect your business and intellectual property assets.

From entity selection to business succession - from capital formation to tax strategy - whether for profit, nonprofit, or related to a specific industry and its regulations - our business law attorneys have the knowledge and experience in legal issues of critical importance to you. To learn more about our business law services, click on a practice group in the right-hand column.

Notable Experience

  • Representation of start-up medical device developer in negotiation of long-term license and supply agreement with global pharmaceutical company
  • Representation of glass ampule developer in negotiation of manufacturing/packaging agreements with worldwide consumer marketing company
  • Representation of proprietary call center software developer in numerous license agreements with end-users located in United States, Europe and Japan
  • Representation of NYSE-listed HMO in virtually all of its software, hardware and telecommunications licenses and procurements, including electronic and Internet claims processing agreements
  • Representation of systems integrator in negotiation and documentation of license agreement with nationwide insurance membership organization
  • Numerous software license agreements, escrows and related documentation on behalf of diverse group of end-users
  • Representation of major character licensing corporation in connection with a licensing program generating between $80 million to $100 million annually
  • Negotiation, deal structuring and documentation for a joint venture between a life insurance company and marketer of life insurance products
  • Negotiation, deal structuring and documentation for a joint venture between a life insurance company and marketer of life insurance products through financial institutions
  • Negotiation and documentation for a joint venture between a telecommunications provider and an entertainment company offering voice and data communication services
  • Representation of sellers in the $120 million sale of a joint venture between a telecommunications company and an entertainment company that provided telecommunications services to an entertainment park
  • Negotiation and documentation of a $120 million dissolution of a joint venture between an entertainment company and a communications company
  • Negotiation and documentation for a $53 million joint venture between a provider of wireless communications and a provider of air to ground communications
  • Representation of several non-profit entities in the commercialization of real estate properties through the formation of joint venture, for-profit enterprises
  • Representation of food service brokerage company in a transaction combining to regional companies, resulting in a combined entity valued at $30,000,000
  • Negotiation and documentation of a joint venture to build a $17 million, 55,000-square foot rehabilitation hospital in Scottsdale, Arizona
  • $120 million venture capital financing of apparel manufacturer
  • $120 million sale of automobile engine retrofitter as a result of exploration of venture capital financing
  • $50 million financing of finance company
  • $12.5 million convertible debt and warrants investment by a venture capital firm and individuals in a salvage auto parts technology
  • $8 million restructuring of venture capital financing for retirement management company
  • $5 million convertible preferred stock investment by Atlanta-based venture capital fund and other parties in an autobody collision repair franchisor/operator company
  • $4 million subordinated debt and equity investment by an SBIC fund in a restaurant chain
  • $5 million subordinated debt and equity investment by an SBIC fund in a publishing company located in the Northwestern United States
  • $5 million subordinated debt and equity investment by an SBIC fund in Kansas City based professional services company
  • $5 million subordinated debt and equity investment by an SBIC fund in West Coast technology company
  • $3 million financing of an ethanol manufacturer/distributor by merchant bank
  • $3.0 million venture investment in preferred stock in an internet based software as a service (SAAS) company
  • $2.2 million subordinated debt and warrants investment by two SBIC funds in an automotive parts company
  • $2 million equity investment by New York investment banking firm in a real estate investment limited liability company
  • $1.5 million financing of automobile repair shop franchisor
  • $1.5 million preferred stock and warrants investment by two institutional investors in a trenchless pipe supply company
  • $1.3 million series of financings of convertible notes and warrants by a SAAS company offering RFID services
  • $1 million financing of a medical supplies manufacturer with institutional investors
  • $1 million financing of fast food franchises in Australia
  • $1 million debt and equity investment by a Canadian merchant bank in an ethanol production company
  • Represented a medical device manufacturing business with operations in the United States, Great Britain and Canada, in connection with the sale of substantially all of the assets of its medical device manufacturing business to a publicly traded Fortune 20 company, and the successful resolution of a very complex Hart Scott Rodino filing, a transaction valued at over $500 million.
  • Guided a nonprofit 13-hospital healthcare system through one of the largest hospital sale transactions in US history, a transaction that entailed a nonprofit to for-profit sale conversion, Hart Scott Rodino filings, successful litigation against two State Attorneys General who attempted to block the transaction and/or take control of the proceeds, and creation of two nonprofit conversion foundations to receive the proceeds from the sale and continue the mission of the nonprofit healthcare system.
  • Filed and prosecuted patent applications world wide in over 50 countries.
  • Provided clearance opinions for new HIV drugs, including the active, carrier, combination of drugs, and method of making.
  • Management of major client trademark portfolio of over 300 marks, and related domain names.
  • Provided guidance for client websites including domain name, copyright, trademark, artwork, meta links, and security.
  • Developed strategies for patenting and commercializing new medical devices, including working with health care group on reimbursement strategies for commercialized products.
  • Filed 300-500 applications a year on biotech, chemical, and medical devices.


  • $10 million asset sale of plastics fabricator for recreational water products
  • Representation of management group in $100 million sale of financial services organization pursuant to an auction process
  • $80 million sale of distribution facility in health care products to a Chicago-based private equity firm, pursuant to an auction process
  • $30 million sale of printing and labeling facility to a consortium of private equity funds, pursuant to an auction process
  • Representation of a consortium of beer wholesalers in the purchase of a major beer brand franchise rights for the Missouri/Kansas territories
  • Sale of 51% of technology oriented marketing firm to global conglomerate in auction process for significant eight figure purchase price and earnout
  • Sale of an agricultural chemical company to a strategic purchaser for $20 million, involving an auction process
  • Acquisition of a home health company, valued at more than $45 million
  • Merger of three different hospital systems in Kentucky, worth more than $2.5 billion
  • Represent client in the acquisition of assets of two organizations, with a total value in excess of $100 million
  • $70,000,000 stock sale of a SAAS company in the health care industry to a multi-billion dollar strategic buyer pursuant to an auction process conducted by investment bankers
  • $11 million purchase of assets of a home health care company by a portfolio company of a Chicago-based private equity firm
  • $12.5 million acquisition of two subsidiaries (one domestic and one in Europe) from Applied Materials, Inc. (NasdaqGS: AMAT) and its subsidiary, Semitool, Inc.
  • $20 million leveraged management buyout by semiconductor capital equipment provider
  • Asset acquisition of a Boston-based information security company, including licensed technology from MIT
  • Represented private equity firm in $15 million acquisition of a nationwide storage tank designer and manufacturer
  • Represented former A-B executive in purchase of all of the assets of O'Fallon Brewery, a St. Louis based microbrewery for $700,000
  • Represented owner of a regional ATM company in a $15 million asset and membership interest sale to a private equity firm
  • Represented purchaser in its $250,000 purchase of a rebar manufacturing business’s assets
  • Represented buyer in its acquisition of BSW’s consulting division  
  • Represented franchisee of a national chain in its issuance of membership interests
  • Represented third largest endowment advisory firm in a $56 million sale of its stock to a publicly-listed company
  • Represented private equity firm in its $7.8 million sale of stock in a manufacturing business
  • Advised purchaser in its acquisition of a product line from the world’s largest food ingredient manufacturer
  • Represented company in its $71 million merger with a wholly-owned subsidiary of Monsanto
  • Represented purchaser in an asset purchase of a national franchised fitness club business
  • $30 million sale of assets of a publicly held hospitality company to a publicly held global hospitality and vacation holiday company
  • Assist as local company counsel in $1 billion sale of cosmetics company from the portfolio of a large private equity company to a multi-national beauty company
  • Purchase of trademarks and of assets of a company based in the United Kingdom
  • Purchase of a substantial portion of assets worth $3 million
  • Representation of founder in sale of stock of nuclear power plant instrumentation and control supplier
  • $30 million sale of Assets – 363 sale client in bankruptcy
  • Liquidation and wind-up of a 90-store equipment rental retail chain. Work was commenced in March of 2005 and continued through June of 2010 (total asset sales (sale of the assets of 90 retail locations) exceeded $30,000,000; over $22,000,000 was paid to the prime lender; over $10,000,000 of creditor’s claims were settled)
  • $2 billion negotiation with government of Iceland, including the President and various Ministers, Mayors, and public utilities for concession to develop geothermal power plants and data centers
  • Represented the Kansas-based baseball and softball equipment distributor with national distribution in the sale of its assets and business to a Florida sports equipment distributor
  • Represented the Missouri-based optometry practice in the spinoff and creation of a Kansas based optometry practice
  • Represented the Kansas-based credit card debt collection service company in establishing and opening an international call center located in Santiago, Chile
  • Representation of a renewable energy client in multi-million dollar sale of solar energy projects
  • Representation of a renewable energy client in sale of interest in wind energy project for the purchase price of $12 million
  • Represented Physician Group in multimillion merger with another physician group
  • Represented seller in sale of stock in publishing business for the purchase price of $2.7 million
  • Represented renewable energy client in procurement of $12 million secured loan transaction
  • Represented the Kansas City area-based company in the sale of their business which manufactures and supplies glass-to-metal hermetically sealed enclosures and related products ($5 million)
  • Represented the Dallas, Texas based health care company with the acquisition / roll up of other sleep apnea assets to expand national presence of the business
  • Represented Missouri Professionals Mutual (MPM) in forming a Kansas-domicile stock insurance company. MPM is the largest writer of medical malpractice insurance coverage in the State of Missouri, and is now moving into Kansas through the formation of the new insurance company
  • $100 million sale of a recreational products floor plan portfolio
  • $6 million purchase of assets of co-packaging business, including bank and carry-back financing for same
  • Engaged to assist a major clothing retailer in establishing its foreign operations. As part of this process, we assisted in obtaining an agreement with the IRS regarding the value of certain property that was transferred to the foreign operations
  • Represented client in a significant purchase, and client is now the proprietary manufacturer of a wide range of plastic products, including the famous Astroturf-branded products
  • Represented the equity group in the acquisition and recapitalization of a company that is a leading producer of heat exchangers, pressure vessels, and columns for the biotechnology, biofuels, grain processing, chemical, petroleum, power and water treatment industries
  • Represented approximately seven parties who previously sold their insurance and securities brokerage businesses to a national public securities firm out of New York in the repurchase of those businesses from that firm. Purchase transactions have involved asset purchases, stock purchases, and stock purchases with Section 338(h)(10) elections
  • Represented a major national transportation engineering and architectural firm, in the sale of two of their offices in the United States, as well as in five additional purchases of engineering and architectural firms, primarily related to the transportation sector business. Each of those purchases and sales have ranged anywhere from several hundred thousand dollars to $8 million in purchase price, and have involved reverse triangular mergers, assets purchases, and stock purchases with Section 338(h)(10) election
  • Represented a closely held national commercial concern in the formation and operation of an investment joint venture with an overseas funding source worth $400 million
  • $4 million (min.) defense of hostile takeover of the Big 12 Conference by the Big 10 Conference and the Southeastern Conference
  • $400 million sale of mutual insurance holding company to private equity firm and demutualization
  • Formation and day-to-day representation of a hospital purchasing organization on behalf of six large tax-exempt hospital/hospital systems across two states
  • Representation of the Special Committee of the Board of Trustees of a University in connection with the investigation of allegations of financial wrongdoing by senior officials at the University. The investigation involved issues with an Internal Revenue Service audit, issues with the State Attorney General and issues with the Federal Election Commission
  • Representation of this $1 billion health care system in connection with all of its legal services, especially all of its merger and acquisition activities
  • Representation of a $9 billion not-for-profit health system in connection with all of its merger and acquisition activity
  • Matter involving the acquisition of assets from an engineering firm ($3 million)
  • Matter involving the sale of the client’s business (approximately $70 million)
  • Matter involving the purchase of a solvents manufacturing company (approximately $6.7 million)
  • Matter involving the sale of 70% of the membership interests in company (approximately $15 million)
  • Closed on integrated transactions involving the combination and commercial and private, equity and debt, financing, refinancing and additional capitalization comprising a $300,000,000 equity and $1,500,000,000 market value portfolio) of 27 existing lifestyle center, retail, office and other commercial real estate investments totaling more than nine million square feet in twelve states into a global joint venture ownership structure, all in a tax free fashion. These transactions included closing on a $75,000,000 recycling subscription line of credit syndicated by an international commercial lender for use in deleveraging its existing commercial real estate portfolio, and financing emerging development opportunities, strategic acquisitions and portfolio expansion. Polsinelli Shughart continues to represent RED and the joint venture in the ongoing implementation, operation and expansion of this portfolio-wide joint venture enterprise (a consolidated commercial real estate portfolio and operating entities with a market value of $1.5 billion and with combined joint venture owners’ equity of $300 million, and a $75 million revolving subscription line of credit placed with an international commercial lender)
  • $1.3 billion matter involving a telecast rights agreement with Fox Sports
  • $100 million matter involving the sale to pharmaceutical company
  • $20 million matter involving venture capital funding and formation of new animal health venture
  • $42 million matter involving a telecast rights agreement with Fox Sports
  • Matter involving the purchase of the wealth planning division of a publicly traded national accounting firm
  • $25 million matter assisting company in making investments in hedge funds
  • Matter involving a change of control transaction
  • $600,000 matter involving our team as Special Intellectual Property and Health Care Regulatory Counsel to and Issuer in an IP and Intellectual Property Counsel
  • $1 million matter involving intellectual property work, including patent prosecution, trademarks, both U.S. and foreign filing, opinion work, intellectual property litigation, class action litigation, patent estate planning, insurance work, reexaminations, and advice on merger and sale deal, and trademark labeling advice
  • $150,000 matter involving corporate and intellectual property work
  • Matter involving asset acquisition. This was the acquisition of a business that provided point of sale equipment and servicing to the credit card industry
  • $24 million matter involving a broadband initiatives financing project. Financing Transaction for a rural broadband project in Southern Missouri funded by the United States Department of Agriculture, industry
  • Matter involving a stock purchase transaction in which Hammond Associates was acquired by Mercer
  • Matter involving a merger transaction in which Divergence, Inc. was acquired by Monsanto Company
  • Matter involving the purchase of a vitamin-related line of business from Danisco USA, Inc. 
  • Represented the Special Committee of the Board of Directors of AMC Entertainment, Inc. in connection with AMC’s 2004 going-private transaction, which was valued at over $2 billion
  • $350 million sale of a national commercial mortgage lender to the 12th largest banking corporation in the U.S.
  • $250 million sale of a group of radio stations and newspapers (due diligence and documentation)
  • $240 million acquisition of a baking company (Due diligence supervision and documentation)
  • Assisted company in $200 million acquisition of substantial assets from Enron bankruptcy
  • Representation of Canadian based holding company in a $200 million acquisition of domestic life insurance company holding certificates of authority in 49 states, the District of Columbia and Puerto Rico
  • $198 million stock-for-stock merger of publicly held regional information technology company by publicly held nationwide temporary services company
  • $190 million sale of mobile communications insurance program and related business by regional privately held insurance company
  • $140 million purchase of telecommunications company, in auction process
  • $131 million sale of assets of a consumer finance company
  • $130 million sale of credit card receivables of financial credit institution
  • $110 million sale of a salt company
  • $100 million sale of Nationwide software and hardware security firm
  • $100 million acquisition of a hospital facility by non-profit semi governmental entity
  • $90 million stock-for-stock merger of publicly held bank holding company
  • $70 million acquisition of U.S./U.K. assets of Australian information technology company
  • $53 million sale of a seminar company (due diligence and documentation)
  • Represented a specialty contract research organization offering comprehensive services for non-clinical and pre-clinical studies, utilizing state of the art vivarium(s), which services encompass toxicology, pharmacology, metabolism testing and various disease models in support of non-clinical drug development, in excess of $25 million over the next 10 years
  • Represented manufacturing company in connection with the sale of assets for consideration in excess of $40 million
  • Represented engineering and architectural company in growth acquisition process that, over a seven-year period, resulted in acquisitions for purchase prices in excess of $60 million
  • $50 million tender offer for publicly held temporary services company
  • $40 million debt exchange offer for apparel manufacturer
  • Representation of publicly held corporation in a $34 million sale of a telecommunications product line
  • $30 million tender offer for publicly held software development company
  • $26 million sale of the disability insurance division of an insurance company (negotiate, structure and documentation)
  • $24 million exchange offer of stock and notes for publicly held debt securities of a publicly held financial holding company
  • Representation of domestic insurance company holding certificates of authority in 43 states and the District of Columbia in $23 million sale of stock to a Great Britain holding company
  • Representation of the purchaser in a stock acquisition of a national restaurant franchisor, with over 75 franchisees nationwide for a purchase price, including debt restructuring, in excess of $21 million
  • $22 million sale of assets of a vehicle manufacturer
  • $20 million sale of the health insurance division of an insurance company (due diligence and documentation)
  • Representation of European based holding company in a $15.4 Million acquisition of stock of a domestic insurance company with certificates of authority in 32 states
  • $14 million consolidation/merger of preferred provider organization and health maintenance organization
  • $13 million representation of a software company in its sale to a publicly traded competitor
  • $12 million acquisition of major area physicians’ clinic
  • $12 million sale of a quarry business to a public corporation (negotiation, supervision of due diligence and documentation)
  • Negotiated, structured and documented five acquisition transactions for a printing company ranging in size from $3 million to $12 million
  • $11 million sale of a division of a medical device manufacturer to a publicly traded company
  • $10 million acquisition by a nationwide hardware distributor of its largest competitor
  • $10 million purchase of software development company
  • $9 million merger of corrections management company
  • $9 million sale of assets of a large Midwest jewelry chain to a larger national retailer
  • Negotiated and structured the acquisition by a nationally-recognized software security firm of one of its major competitors for a purchase price in excess of $8 million
  • $8 million acquisition of a community bank by a community bank holding company
  • Represented a capital goods manufacturing company in two separate asset sales totaling $8 million and $10.3 million, respectively
  • Representation of the purchaser in a stock acquisition of an international franchisor with over 300 franchisees that included a Rule 506 private placement of equity and mezzanine debt with warrants to various private equity groups and individual investors of approximately $7 million and senior debt of approximately $2 million
  • $7 million acquisition of a national bank by a bank holding company
  • $6 million acquisition of a state bank by a bank holding company
  • $6 million sale of Kansas bank to publicly held bank holding company
  • $5.6 million purchase of weather derivatives company by Japanese insurance company
  • $5.1 million sale of assets by a community bank to a bank holding company
  • $5 million purchase of stock of laboratory company
  • Representation of buyer in a "second-stage" leveraged buyout of advertising firm for $5 million utilizing an Employer Stock Ownership Plan
  • $5 million sale of a telemarketing company (negotiation, structure and documentation)
  • $4.5 million purchase of assets of adult congregate living facility
  • $4 million merger of electric companies
  • $4 million sale of aquarium and aquarium pump manufacturer
  • $4 million merger and refinancing for an alarm system company
  • $4 million merger of limited partnership with and into a limited liability company
  • $3.5 million acquisition of a distribution company by a newly formed corporation
  • $2.69 million acquisition of insurance risk limited liability company by regional privately held insurance company
  • $2.5 million acquisition of two branches and the assets of a community bank by a state bank
  • $2 million sale of the telex division of a communications company (negotiation and documentation)
  • $2 million sale of a nursing home
  • $1.7 million sale of agricultural seed company (negotiation and documentation)
  • $1.5 million sale of assets by a fire sprinkler contractor to its management
  • $1 million acquisition of two truck dealerships
  • $1 million sale of a telex business by a telecommunications company
  • Represented the Special Committee of the Board of Directors of a major restaurant chain in connection with the negotiations of employment agreements with the company’s management team
  • $3 million acquisition of a substantial portion of Tegal Corporation’s assets (Nasdaq: TGAL)
 
  • Successfully closed a transaction involving our client, the purchaser of a franchise system, including over 300 franchisees in three separate business lines with location in the U.S. and Canada. As part of this transaction, we assisted our client with assembling a purchaser group, including two equity funds, completing the transaction using senior and mezzanine debt and equity investments.
  • Representation of a 50 percent owner of a fast casual dining franchise, with over 30 franchisees in the split-up of the business, ensuring that our client retained perpetual rights to the franchise system and an exclusive territory.
  • Reviewed and analyzed strategy for prospective franchisees considering the purchase of such franchises as Pizza Hut, Ruby Tuesday, Burger King, McDonald’s, UPS Store, Lock Tight Self Storage, Nemos Seafood, Howard Johnson Hotels and Jiffy Lube. This participation includes all facets normal and present in the purchase of a business, including organization of the appropriate purchasing entity, due diligence concerning the purchase, assistance on completion of financing for the purchase, negotiation of the documents with the franchisor and closing of the purchase.
  • Conducted mediation on behalf of our franchisor client to settle termination and break-up issues with franchisee who owned rights to three franchise territories
  • Successfully closed a transaction involving our client, a large beverage distributor, in the purchase of certain beverage distribution rights in neighboring states
  • Represented a national auto body repair franchisor in its organization, all federal and state franchise filings and continual updates of disclosure documentation

News

April 11, 2012
April 2, 2012
February 13, 2012
February 9, 2012
February 6, 2012
January 31, 2012
January 30, 2012
January 26, 2012
January 20, 2012
January 19, 2012
January 18, 2012
January 10, 2012
January 5, 2012
January 4, 2012
December 23, 2011
December 16, 2011
December 7, 2011
December 2, 2011
November 29, 2011
November 21, 2011
November 21, 2011
November 7, 2011
October 27, 2011
October 18, 2011
September 27, 2011
September 20, 2011
September 15, 2011
August 30, 2011
August 16, 2011
August 11, 2011
August 5, 2011
July 29, 2011
July 22, 2011
May 31, 2011
May 31, 2011
May 6, 2011
May 2, 2011
March 31, 2011
March 28, 2011
March 18, 2011
March 1, 2011
February 25, 2011
January 28, 2011
January 26, 2011
January 25, 2011
January 24, 2011
January 18, 2011
January 10, 2011
December 15, 2010
December 8, 2010
December 8, 2010
December 7, 2010
November 5, 2010
November 3, 2010
October 13, 2010
October 10, 2010
September 29, 2010
September 21, 2010
August 17, 2010
August 3, 2010
Aug 2, 2010
July 28, 2010
July 20, 2010
July 14, 2010
June 30, 2010
June 30, 2010
June 22, 2010
June 8, 2010
June 8, 2010
June 7, 2010
May 27, 2010
May 24, 2010
May 19, 2010
May 11, 2010
April 30, 2010
The Kansas City Business Journal interviews Doug Anning about the Patient Protection and Affordable Care Act that requires nonprofit hospitals to conduct a community health needs assessment at least every three years.
April 14, 2010
April 7, 2010
March 29, 2010
March 16, 2010
March 9, 2010
February 19, 2010
February 10, 2010
January 28, 2010
January 26, 2010
January 7, 2010
September 28, 2009
Attorney Scot Boulton Receives President's Award from The Missouri Bar Foundation

Newsletters & E-Alerts

Spring 2012
This newsletter is prepared as a source of general information concerning recent insurance business and regulatory law developments. If you would like more information, please contact a member of our Insurance Business and Regulatory Law group.
April 20, 2012
On April 12, 2012, Governor Brewer signed H.B. 2199 creating the Arizona Environmental Privilege Law. The commentary on the law’s impact ranges from accolades that it will encourage Arizona companies to discover and correct environmental problems to dire warnings that the law will allow companies to keep violations of environmental laws secret. In fact, the law may not be as significant as some would have you believe.
April 11, 2012
A report to Congress by the Centers for Medicare and Medicaid Services indicates many providers are taking advantage of the Stark Law Self-Referral Disclosure Protocol (SRDP) as a viable path to resolve outstanding liabilities and to mitigate potential penalties under the Stark Law.  However, it also highlights that resolution under the SRDP can be a slow process. 
April 9, 2012
The Colorado State Legislature has been very active on renewable energy issues over the last few weeks.  Three bills have been making steady progress through the House and Senate in Denver, each of which could have a noticeable effect on the state's renewable industries.
April 5, 2012
In only a few weeks' time, Congress made several important changes to the federal securities laws to aid small businesses.
April 4, 2012
The U.S. Supreme Court issued a unanimous decision effectively broadening the circumstances under which parties may go to court to seek review from final agency actions.
March 30, 2012
The Interior Department's U.S. Fish and Wildlife Service released guidelines designed to help wind energy project developers avoid and minimize impacts of land-based wind projects on wildlife and their habitats.
March 20, 2012
The new Stark & Anti-Kickback Toolkit is now available from the American Bar Association Health Law Section.  Polsinelli Shughart Health Care Shareholder Joan Killgore is a member of the Editorial Board that undertook the project to help fill a void in available research tools.
March 9, 2012
The House of Representatives passed new securities reform legislation, including an exemption that would enable some crowdfunding.
March 6, 2012
Crowd dynamics, crowd innovation, crowd creativity, crowdsourcing…crowdfunding. All represent the collective power realized when individuals act together. While some of these terms recall longstanding models of behavior, the power of the crowd is creating a new revolution supporting entrepreneurs who seek financing for their business ventures.
February 28, 2012
The Centers for Medicare & Medicaid Services released a memo that explains the new training requirements for skilled nursing facilities imposed by the Patient Protection and Affordable Care Act of 2010.
Feburary 27, 2012
The Centers for Medicare and Medicaid Services placed on display a proposed rule for Stage 2 of the Electronic Health Record Incentive Program.
February 27, 2012
Illinois Governor Pat Quinn is calling for a restructuring of Medicaid in Illinois and proposed cuts during the state's 2013 fiscal year totaling $2.7 billion.
February 23, 2012
This complimentary hour-long webinar will discuss the changing reimbursement paradigm as well as some of the ways providers can affiliate with physicians to improve reimbursement.
February 14, 2012
The Centers for Medicare and Medicaid Services (CMS) issued an advance copy of proposed regulations concerning providers' obligations to report and return identified Medicare and Medicaid overpayments, pursuant to section 6402 of the Patient Protection and Affordable Care Act (PPACA).
January 31, 2012
Health care providers continue to face high leveles of scrutiny from CMS, a variety of auditors and recovery contractors, and state and federal law enforcement.  Polsinelli Shughart Shareholders Jeffrey Fitzgerald and Daniel Reinberg will present a free webinar February 21, 2012, on "Fraud and Abuse:  A Year in Review."
January 27, 2012
Top performers in the health care deal community from across the nation will gather to share the latest strategies, trends and approaches to creative deal making.  This conference is the venue in the Southwest for peer to peer networking among healthcare company executives and the providers of capital and advisors who support their deal making.

Our Dallas shareholder Jon Henderson is the founding chair of the event, now in its fifth year.
January 20, 2012
Today (January 20, 2012), the U.S. Department of Health and Human Services (HHS) Secretary Kathleen Sebelius announced it is declining to broaden an exemption for mandatory contraceptive coverage required for non-grandfathered group health plans as part of the Patient Protection and Affordable Care Act (PPACA), but with a limited extension for qualifying religious organizations to delay implementation for another year— until August 1, 2013 — to allow more time for those employers to comply with the new law.
January 20, 2012
Wind developers in areas used by bald or golden eagles may now be able to get some insight into conservation measures and commitments likely necessary to obtain a "take permit" under the Bald and Golden Eagle Protection Act.
January 17, 2012
The IRS reopened the offshore voluntary disclosure program for taxpayers with unreported foreign accounts and/or unreported foreign income.  Taxpayers participating in the program may avoid criminal prosecution and resolve all outstanding offshore tax issues on a much more favorable basis than that afforded by the IRS on audit.
January 13, 2012
Section 6102 of the Patient Protection and Affordable Care Act of 2010, as amended by the Healthcare Reconciliation Act 2010 (the Healthcare Reform Law), created a mandatory requirement for skilled nursing facilities to establish a compliance and ethics program as a condition of participation in the Medicare, Medicaid and CHIP programs by the end of 2012.
December 23, 2011
The House and Senate passed legislation by unanimous consent that defers for two months a scheduled 27.4 percent cut in Medicare physician payments.
December 19, 2011
The Internal Revenue Service (IRS) has released a draft version of the 2011 Form 990, Schedule H, Hospitals and its instructions.
December 16, 2011
As year-end approaches, employers should review their employee benefits plans to make sure they have been updated for any changes in the law or for any changes that have been implemented this year.
December 6, 2011
Join us in Denver January 10 for the 2012 Health Care Regulatory Update.  Hear Polsinelli Shughart presenters speak on significant legal and regulatory changes that are important to health care facilities.
December 6, 2011
The U.S. Department of Health and Human Services (HHS) Office of the Inspector General (OIG) issued its FY 2012 Work Plan recently, which outlines the new and ongoing reviews and activities that the OIG plans to pursue with respect to HHS programs and operations.
December 2, 2011
The Health Care Innovation Challenge is a funding opportunity for compelling new models of delivery and payment that hold the promise of better health, better health care and lower costs for Medicare, Medicaid and the Children's Health Insurance Program.
November 29, 2011
From the Polsinelli Shughart Renewable Energy group, this special edition of Renewable News is being published in connection with the Solarpraxis Conference -- PV Power Plants, November 30 - December 1. For more infomation, please contact Energy Chair Frank A. Caro at 913.234.7409, ; or Energy Vice Chair Alan Claus Anderson at 913.234.7464, .
November 14, 201
The U.S. Supreme Court announced today it will hear a legal challenge to the Patient Protection and Affordable Care Act (PPACA), President Obama's health reform legislation Congress enacted in March 2010.
November 4, 2011
Click on the link for a high-level summary of the Final Rules related to Section 3022 of the Patient Protection and Affordable Care Act and the "shared savings" program.  In addition you may access a recording of a webinar presented by Polsinelli Shughart Health Care attorneys on the Final Rule.
October 19, 2011
October 3, 2011
From the Polsinelli Shughart Energy group, this special edition of Renewable News is being published in connection with the Kansas Energy Conference 2011. For more infomation, please contact Energy Chair Frank A. Caro at 913.234.7409, ; or Energy Vice Chair Alan Claus Anderson at 913.234.7464, .
September 28, 2011
This newsletter is prepared as a source of general information concerning recent insurance business and regulatory law developments.  If you would like more information, please contact a member of our Insurance Business and Regulatory Law group.
September 23, 2011
The new Centers for Medicare and Medicaid Services (CMS) 2012 Final Rule for the Inpatient Prospective Payment System includes several adjustments to payment rates as well as changes to existing regulations.
September 2, 2011
Health Reform + Related Health Policy News for September 2, 2011.
August 17, 2011
The Law of Tax-Exempt Organizations is scheduled for October 20-21 in Las Vegas, NV.  The conference will feature a comprehensive review of many issues facing tax-exempt organizations, including charitable giving, joing venture planning, fundraising, governance, executive compensation, unrelated business income rules and planning to avoid private inurement and private benefit.
August 5, 2011
The federal agency that administers construction projects has begun routine verification of contractors' and subcontractors' implementation of the required federal Contractor Code of Business Ethics and Conduct program.  Polsinelli Shughart's Government Contracting group provides guidance and affordable compliance solutions to clients doing business with the government.
July 29, 2011
The IRS has issued guidance on the community health needs assessment (CHNA) requirements imposed on tax-exempt hospital organizations. 
Summer 2011
E.P.I. Center is a newsletter for the Historically Black Colleges and Universities (HBCUs) and Minority-Serving Institutions (MSIs) community. Questions may be directed to Polsinelli Shughart Shareholder Anita Estell, 202.626.8326, or aestell@polsinelli.com
July 15, 2011
With the effective date fast approaching for the part of the Dodd-Frank law reallocating the regulatory responsibility for investment advisers between the Securities and Exchange Commission (SEC) and the states, the SEC has finally provided definitive dates and deadlines that must be observed by mid-sized investment advisers in transitioning from SEC registration to state registration.
July 14, 2011
The Centers for Medicare and Medicaid (CMS) released its final rule making changes to Medicare Conditions of Participation for hospitals and critical access hospitals to create a new process for the credentialing and privileging of telemedicine practitioners. 
July 14, 2011
Wind and solar developers in the state of Kansas are subject to a number of new requirements, the most notable of which relate to the sale, lease or easement of property related to solar or wind energy projects.
July 6, 2011
The Department of Health and Human Services has released a notice of proposed rulemaking (NPRM) to implement the statutory requirement under the Health Information Technology for Economic and Clinical Health Act. HHS is seeking comments from the public through August 1, 2011, which will be considered by HHS prior to finalizing the new requirements.
June 22, 2011
The Department of Health and Human Services has released a notice of proposed rulemaking (NPRM) to implement the statutory requirement under the Health Information Technology for Economic and Clinical Health Act. HHS is seeking comments from the public through August 1, 2011, which will be considered by HHS prior to finalizing the new requirements.
May 19, 2011
"The Law of Tax-Exempt Organizations" has just been published in its tenth edition.  The easy-to-use reference -- written in plain English -- is a guide to helping nonprofit executives understand the law issues at hand and make informed decisions. 
May 13, 2011
The Federal Register published the Final Rule regarding the implementation of the hospital value-based purchasing (VBP) program after the Centers for Medicare & Medicaid Services released the Final Rule in April 2011.  Hospitals must act now if they wish to have the greatest chance at reimbursement under the VBP program.
April 25, 2011
The proposed rule implementing the Medicare Accountable Care Organization (ACO) Program (also referred to as the Shared Services Program) raises many questions and concerns among healthcare stakeholders. 
March 28, 2011
This newsletter is prepared as a source of general information concerning recent insurance business and regulatory law developments.  If you would like more information, please contact a member of our Insurance Business and Regulatory Law group.
February 25, 2011
Polsinelli Shughart PC attorneys acted as legal advisors in Monsanto's acquisition of Divergence, Inc., a privately held St. Louis-based biotechnology research and development company.
February 14, 2011
A new initiative from the FDA's Center for Devices and Radiological Health is attempting to lay a foundation for a number of actions which will "encourage innovation, streamline regulatory and scientific device evaluation and expedite the delivery of novel, important, safe and effective innovative medical devices to patients."
January 28, 2011
CyDex Pharmaceuticals, Inc. announced that its stockholders have voted to approve an Agreement and Plan of Merger between CyDex and Ligand Pharmaceuticals Incorporated (NASDAQ: LGND).  Polsinelli Shughart's Life Sciences group acted as legal advisor to CyDex in the successful exit transaction.
January 20, 2011
Recently passed federal legislation postponed the expiring Bush tax cuts.  For businesses and individuals, this new legislation provides new tax incentives and retroactive tax benefit extenders.
January 19, 2011
January 19, 2011
The Centers for Medicare & Medicaid Services issued a proposed rule regarding Medicare's Value Based Purchasing (VBP) Program to reward hospitals for providing high quality, safe patient care.  Hospitals must act now if they wish to have the greatest chance at reimbursement under the VBP Program.
December 14, 2010
Join a distinguished panel of Polsinelli Shughart speakers as they provide a comprehensive look at the most crucial issues affecting tax-exempt entities during the two-day Advanced Nonprofit Law Institute, February 24-25 in Miami, FL.
December 1, 2010
The Centers for Medicare and Medicaid Services released the final rule on hospital visitation that allows patients to designate their own visitors during a hospital stay.  The rule, which will apply to any hospital that participates in Medicare or Medicaid, will go into effect January 16, 2011. 
November 30, 2010
The Department of Labor has released final rules on what disclosures are required to be made by qualified plan fiduciaries who offer participant-directed investments under a defined contribution plan.
November 19, 2010
Revisiting executive compensation arrangements for Code Section 409A before the end of 2010 and identifying any potential documentation errors will allow you to avoid some significant IRS penalties.
November 15, 2010
The Tax and Business Planning group provides these e-Alerts periodically to keep our clients, taxpayers and businesses updated on recently adopted legislation and key changes in tax laws. 
November 3, 2010
The Environmental Protection Agency (EPA) recently issued a draft guidance document describing methods for health care faculties to legally manage and dispose of unused pharmaceuticals and avoid violating federal or state laws. 
November 1, 2010
On November 1, 2010, the Treasury Department began announcing the recipients of awards under the Qualifying Therapeutic Discovery Project Tax Credit program, which authorized up to $1 billion in tax credits or grants to biopharmaceutical companies with 250 or fewer employees. A number of Polsinelli Shughart clients were successful in receiving grants. 
October 5, 2010
October 5, 2010
August 19, 2010
"The Law of Tax-Exempt Organizations" is scheduled for Thursday, September 30 - Friday, October 1 in Las Vegas.  The conference will feature attorneys from Polsinelli Shughart's Nonprofit Organizations group speaking on a wide variety of issues facing tax-exempt organizations.  Click on the link for topic details and registration information.
June 28, 2010
The U.S. Supreme Court issued its decision in Bilski v. Kappos and eliminated some of the uncertainty that had been caused by the Federal Circuit's bright-line machine-or-transformation test for patentable subject matter of method patents.  As a result, there will be continuing patent protection for computer software, computer-based business methods and medical diagnostics.
May 24, 2010
The Treasury Department has issued Notice 2010-45, which established the Qualifying Therapeutic Discovery Project Tax Credit Program pursuant to the provisions of the Affordable Care Act of 2010.  The Notice establishes the rules, definitions, forms and procedures for applying for the $1 billion of tax credits or grants (for taxpayers that are in a loss position) for up to 50 percent of "Qualified Investments" made or expected to be made during the 2009 and 2010 tax years in Qualified Therapeutic Discovery Projects (each, a "Project").
February 25, 2010
As part of the Health Information Technology for Economic and Clinical Health Act, the Office of the National Coordinator for Health Information Technology (ONCHIT) released on December 30, 2009, an Interim Final Rule (IFR) that was published in the Federal Register on January 13.  That IFR detailed the initial set of standards, implementation specifications and certifications criteria that must be achieved in order to demonstrate the first stage of the "meaningful use" of electronic health record (EHR) technology and, by doing so, establish eligibility for various incentive programs.

Events