Balch & Bingham Attorneys Discuss Legal Hot Topics with the Birmingham Business Journal
Attorneys in Balch & Bingham’s Birmingham office recently discussed legal hot topics with the Birmingham Business Journal and their insights were published in the April 13, 2018 print edition.
Greg Cook, chair of the firm’s Banking & Financial Services Litigation Practice, spoke on the critical need for businesses to invest in legal time for compliance and contract review due to the complexity of complying with the ever-changing statutes, regulations and contracts. Greg’s practice centers on financial services and commercial litigation, including class action and complex litigation.
Chris Kimble, chair of the firm’s Healthcare Litigation Practice, examined the daunting challenges federal and state governments face in financing healthcare as well as the need for providers to maintain vigilance. He also discussed the possible transition of the model for Medicaid shifting from cost sharing with the states to fixed block grants that leave it to the state to make up the excess. Chris maintains a regional practice throughout the Southeast that is devoted primarily to the litigation of healthcare-related issues.
Alex Flachsbart, attorney in the firm’s Economic Development Incentives Practice, discussed the “Opportunity Zone Funds” that were recently created through the new tax reform legislation. With much of Birmingham qualifying for Opportunity Zone Fund investment, businesses should keep these tax-advantaged investments top of mind. Alex counsels public entities, nonprofits, corporations and developers on how to incentivize and finance project development.