Tag: Arkansas
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Arkansas Estate Plans for Young Professionals
Contrary to what you might believe, estate planning is not reserved for the old and rich. Over the course of the next few estate planning posts, I’ll try to prove my point, that an estate plan is appropriate for everyone, regardless of your station in life. Today, I’ll discuss the category that I fall within:…
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What Do Prostitution and the Failure to Pay Rent Have In Common?
C. Michael Daily is a business law attorney with the long-established law firm of Daily & Woods, P.L.L.C. and is licensed to practice business law and real estate law in Arkansas, Oklahoma, North Dakota and Wyoming. C. Michael Daily can be contacted by telephone at 479-242-3953, by email at [email protected], or by regular post at 58 South 6th Street, Fort…
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Daily & Woods, PLLC: Arkansas Pipeline Eminent Domain Lawyers
You receive a telephone call from a pipeline production company and the representative on the phone informs you that they want to bury a pipeline across land that will carry crude oil from one state, say Western Tennessee, across Arkansas, and then into Oklahoma. As an Arkansas landowner, what should you do? Nothing is more…
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Arkansas Business Owners: Franchise Taxes are Due May 2, 2016
In Arkansas, for-profit corporations must pay a franchise tax to keep its corporate charter. Essentially, a franchise tax is a “privilege tax” imposed on corporations and other business entities, including limited liability companies and other non-exempt companies, that transact business in Arkansas. Ark. Code Ann. 26-54-101, et seq. An example of a non-exempt company would be a non-profit…
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Make Plans to Attend the 55th Annual Natural Resources Law Institute in Hot Springs, Arkansas
I could not be more proud of the work our committee has accomplished in planning the 2016 Natural Resources Law Institute, which once again will be held in Hot Springs, Arkansas at the Embassy Suites hotel, and the Hot Springs Convention Center. The Marketable Title Standards committee meeting and Natural Resource Law Section meeting will…
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Starting a Small Business in Fayetteville, Arkansas
The City of Fayetteville, Arkansas is very small business friendly, even being named as one of the best cities to state a small business by CNN. To assist aspiring business owners, Fayetteville’s city government has published a guide for navigating through zoning and building codes, state and local taxes, insurance, and other matters. If you…
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Arkansas Mineral Interpleader Lawsuits Explained
Have you ever been named as a defendant in a mineral royalty interpleader lawsuit? Ever heard of such a thing? In Arkansas, and especially in those counties in the Fayetteville Shale, oil, gas, and mineral royalty interpleader lawsuits are actually quite common. Interpleaders are usually initiated by an operator when there is a title ownership…
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Thomas Daily to Speak at 2015 Fundamentals of Oil, Gas, and Mineral Law Conference in Houston, Texas
Thomas Daily has practiced oil and gas law in Arkansas for nearly 45 years, all with the law firm of Daily & Woods, PLLC. Mr. Daily is a frequent speaker at continuing legal education seminars in Arkansas and other parts of the country on the subject of oil, gas, and mineral law, and in a few weeks, Mr.…
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United States Only One of Four Countries that Produces Shale Gas and Tight Oil
With our firm centrally located in Western Arkansas, it’s been enjoyable being able to represent producers in Arkansas and Oklahoma as they have produced natural resources from the Fayetteville Shale and the Woodford Shale. Shale gas and tight oil production has assisted the United States in becoming energy independent over the past few years and…