Finance
Formulating a Fix: Past, Present, and Future State and Federal Efforts to Rectify the Abuses of Form Contracts
June 13, 2020
by Chad K. Hermes† View/Download PDF Version Table of Contents Part I: The Standard Form Contract Part II: Legislative Action to Limit Oppressive Terms in Form Contracts A. Federal Action to Limit Oppressive Terms B. State Action to Limit Oppressive Terms Part III: Further Efforts Legislatures Should Make to Limit Oppressive Terms A. Principles-Based Enforcement…
Continue ReadingTurning Gaming Dollars into Non-Gaming Revenue: Hedging for the Seventh Generation
May 27, 2016
by Shane Plumer
There are four levels of diversification that tribes engage in: level one consists of amenities to gaming facilities; level two consists of tourist-reliant non-gaming businesses; level three involves on-reservation businesses that export products off the reservation; and the most sophisticated level involves acquiring off-reservation businesses in order to access more diverse markets. Historically, tribal economic development has been hindered by lack of access to capital markets, limitations placed on federal funding, federal Indian policy that requires creation of jobs on the reservation, information asymmetry and conservative investment strategies that are holdovers from how federal agencies invested tribal funds. This article provides a roadmap for cutting-edge tribal economic development that focuses on off-reservation investment by mobilizing investment banks and private equity in order to diversify tribal investment portfolios.
Opportunity Zones: Gambling with Our General Welfare
January 5, 2021
Economic inequality is at a breaking point. “Opportunity Zones” operate currently to expand specific welfare rather than general welfare. Reforms may be imminent, but OZs reveal how private-public partnerships often prioritize the interests of only a few.
Continue ReadingWho’s Benefiting from Attorney General Settlement Agreements?
June 3, 2021
Anna Berglund* Lately, when we read about state Attorneys General (AGs) in the news, we hear about them suing battleground states to try to overturn election results[1] or suing the Trump administration 138 times—almost double the number of times the Obama and Bush administrations were sued—over various policies.[2] Although state AGs are increasingly ramping…
Continue ReadingCrypto and the Climate Crisis
March 8, 2023
Cryptocurrency mining has done more than shake up financial industries – it has had an enormous impact on climate change as well. In this blog, JLI Note & Comment Editor Mallory Harrington breaks down how cryptocurrencies impact the environment and potential solutions to these problems.
Continue ReadingThe Texas Two Step: Double Standards of Bankruptcy Code Abuse
April 12, 2024
By: Jacqueline Brant* The Texas Two Step: Double Standards of Bankruptcy Code Abuse For decades, there has been a stigma attached to individuals seeking to discharge their debt through filing bankruptcy. The purpose of bankruptcy is to “give a ‘fresh start’ to honest but unfortunate debtors by providing them with an opportunity to reorganize…
Continue ReadingDirect File Is a Step in the Right Direction that Still Leaves Out Some Taxpayers
October 11, 2024
By: Spencer Culbertson, Volume 43 Staff Member View/Download PDF Version: Direct File Is a Step in the Right Direction (Culbertson) In May 2024, the Internal Revenue Service (IRS) announced that it would make Direct File a permanent option for taxpayers to e-file their income tax returns following the success of the 2024 Direct File…
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