News & Analysis as of

Inventory

Offit Kurman

Not Maintaining an Up-to-Date Inventory of Art and Collectibles for Estate Planning

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A well-organized inventory is essential for effectively managing and planning the distribution of collectibles, including art. Clients may struggle to track their assets without an inventory, making future distribution and...more

Foley & Lardner LLP

What Every Multinational Company Should Know About … Nearshoring into Mexico: Key Considerations in Weighing the Pros and Cons

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Mexico is a key player in both the United States-Mexico-Canada Agreement (USMCA) and Latin American regions. Nearshoring, the practice of relocating an operating business or supply chain closer to home markets, is a rapidly...more

Husch Blackwell LLP

California Board of Pharmacy Proposes Amended Regulation Governing Pharmacy Business Discontinuations

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On November 15, 2024, the California Board of Pharmacy issued a public notice of its intent to modify Cal. Code Regs. tit. 16 § 1708.2, which governs the discontinuation of pharmacy businesses in California. The regulation...more

Goldberg Segalla

Law Gives California’s Energy Commission Ability to Nudge Oil Refiners to Make Better Inventory Decisions

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California Gov. Gavin Newsom on October 14 signed into law Assembly Bill X2-1, significantly increasing the authority of the California Energy Commission (CEC) to create requirements for the state’s oil refiners to preserve...more

Braumiller Law Group, PLLC

Amendments to the MX Customs General Rules for 2024 and to Annexes 1, 2, 5 and 24 (Reglas Generales de Comercio Exterior para...

On October 14, 2024, the Tax Administration Service (SAT - Servicio de Administración Tributaria) published on the Diario Oficial de la Federacion an amendment to the Foreign Trade General Rules (Customs Rules) for 2024 and...more

Womble Bond Dickinson

Preparing For the Return of Dealer Distress

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Over the last five years, auto and equipment dealers experienced a period of low inventory levels with high margins on the limited inventory they had for sale and lease. Used automotive and equipment wholesale and retail...more

Whiteford

Net Working Capital & Purchase Price Adjustments In M&A Deals

Whiteford on

Net Working Capital (“NWC”) targets and purchase price adjustments are a nearly universal reality in private M&A deals, though often a neglected and misunderstood topic. To greatly simplify, the NWC target is the minimum...more

Ankura

Transforming Merchandise Planning with Ankura

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In the dynamic world of merchandise planning, many companies have long relied on the versatility and user-friendliness of Microsoft Excel. However, as organizations expand, the manual processes and limited data handling...more

Husch Blackwell LLP

Credit Risks Likely to Rise as 2024 Draws to a Close

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A strange confluence of geopolitical events, labor unrest, softening consumer demand, and supply-chain logistical issues could leave lumps of coal in the stockings of lenders this holiday season. The story begins in the Red...more

Winstead PC

Court Affirms Summary Judgment For An Executrix’s Estate Based On Limitations

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In In re Estate of Maun, a brother sued his sister’s estate for her performance as executrix of their mother’s estate since the late 1980s. No. 13-22-00576-CV, 2024 Tex. App. LEXIS 52 (Tex. App.—Corpus Christi January 4,...more

Ankura

Headwinds in the Retail Labor Market: Adapting to the Evolving Workloads of Omnichannel Retailing - Part 2

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Today's Shoppers Are a Moving Target. Are You Prepared To Adapt to the Evolving Workloads of Omnichannel Retailing? Current headwinds in the retail labor market present formidable challenges and hurdles for retailers in...more

Troutman Pepper Locke

Can I Enhance My Prospects for Payment Through a Purchase Money Security Interest? - Creditor’s Rights Toolkit

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A seller of goods may gain priority over other creditors, and enhanced prospects for payment, by taking and perfecting a purchase money security interest (PMSI) in the goods sold to a customer. This article will explain what...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Inventory of United States Greenhouse Gas Emissions and Sinks; US Environmental Protection Agency Releases New Annual Report

The United States Environmental Protection Agency (“EPA”) released a new annual report titled: Inventory of U.S. Greenhouse Gas Emissions and Sinks Inventory (“report”) - The Report provides a...more

Braumiller Law Group, PLLC

Hot Topics in International Trade - April 2024 - La importancia de las Claves de Pedimento en el Régimen Aduanero de las IMMEX

En México, un régimen aduanero es el destino o tratamiento que se da a los bienes objeto de control aduanero de conformidad con la naturaleza y propósitos de una operación aduanera. Las empresas con un programa IMMEX pueden...more

Braumiller Law Group, PLLC

Hot Topics in International Trade - April 2024 - The Importance of Pedimento Codes for the IMMEX Customs Regime

In Mexico, a customs regime is the destination or treatment for goods subject to customs control in accordance with the nature and purposes of a customs operation. Companies with an IMMEX program may perform operations under...more

Awatif Mohammad Shoqi Advocates & Legal...

Liquidation of Companies Under UAE Law: A Comprehensive Guide Based on Federal Decree-Law No. 32/2021 on Commercial Companies

The liquidation of a company is a pivotal process governed by legal regulations in the UAE. Understanding the intricacies of liquidation proceedings is essential for stakeholders involved in company dissolution. Federal...more

Foley & Lardner LLP

Introduction: What is Supply Chain Management?

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Share on Twitter Print Share by Email Share Back to top In recent years, viral videos featuring a surprising topic have racked up millions of views on social media. Not videos of a celebrity doing something outrageous, a...more

Troutman Pepper Locke

Colorado Cannabis Company Challenges Recent Revisions to the State’s Marijuana Tracking Regulations

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A Colorado manufacturer of cannabis-infused edible products is suing the Marijuana Enforcement Division (MED) of the Colorado Department of Revenue (CDOR) to challenge the validity of recent revisions to its inventory...more

Ankura

Retail Shrink & Organized Retail Crime - Mitigating Financial Losses and Lowering Safety Risks

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Organized retail crime is an escalating threat that demands a coordinated response from retailers, consumers, and lawmakers. Its tentacles reach far beyond lost profits, jeopardizing community safety, employment...more

Foley & Lardner LLP

Two-Dimensional Barcodes: How 2D Could Change Retail

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When introduced nearly fifty years ago, the Universal Product Code (UPC)—the most visually recognizable of One-Dimensional (1D) barcodes—was a major innovation. 1D barcodes increased checkout speeds, improved accuracy of...more

Mitratech Holdings, Inc

What are DQMs, and why are we talking about them?

Mitratech Holdings, Inc on

SS1/23 brought DQMs and Non-Models into banks’ prevue and set a timeline on model risk management (MRM) compliance for May 2024. Are you ready? The PRA’s recent supervisory statement (SS)1/23 has made some significant...more

J.S. Held

Valuing Out of Sight Inventory Losses

J.S. Held on

Introduction: The Importance of Accurate Inventory Valuation - Inventory valuation is often necessary for the purposes of evaluating and determining damages. Such damages could arise from a multitude of factors such as...more

Troutman Pepper Locke

Tagging Out: The RFID Debate in Cannabis Compliance

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The cannabis industry has witnessed significant growth in recent years, marked by the legalization of medical and/or recreational marijuana in 38 states, Washington D.C., and three territories. Alongside this expansion comes...more

Ankura

Common PCAOB Inspection Findings and Actions Firms Can Take to Improve Audit Quality and Reduce the Risk of Regulatory Enforcement...

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In July 2023, the PCAOB published the spotlight, “Staff Update and Preview of 2022 Inspection Observations.” The article summarized the PCAOB's common findings from its 2022 inspection season. Many of the findings observed in...more

Quarles & Brady LLP

Brace Yourself: DEA’s Final Rule on Quotas Squeezes Inventory Levels and Signals Further Supply Restrictions

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On August 31, 2023, DEA published a final rule (“Final Rule”) regarding its management of controlled substance and List 1 Chemical (“L1 Chemical”) quotas for DEA-registered manufacturers. The Final Rule largely tracks DEA’s...more

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