Mendi A. Sossamon

Potomac Law is pleased to announce that Viva Hammer will moderate a panel titled “Global Tax Consensus: Can it Last?” on April 9, 7:00 to 8:30 PM (EST). The three global tax leaders debating the future of tax consensus are: Ms. Hammer previously served on the Joint Committee on Taxation at the U.S. Congress and…

On March 18, the IRS Tax-Exempt and Government Entities Division (“TE/GE”) updated the Compliance Program and Priorities portion of its website. TE/GE added two new “Compliance Strategies,” issues that have been internally approved to identify, prioritize, and allocate resources, primarily through examinations. Of interest here is one under the heading “Exempt Organizations: Tax-Exempt Hospitals.” The…

Potomac Law is pleased to announce the addition of Partners T. Ted Motheral, Greg Watkins and Ayden Ergun, and Associate Bryan Fisher. The Cleveland-based team is led by Motheral, a national leader in the financial advisory services/wealth management industry. The team provides corporate and transactional legal services, including mergers and acquisitions, private and debt equity…

We are pleased to announce that Brooke M. Rotstein has joined the Chicago office as a Partner in the firm’s Litigation practice group, specializing in commercial and insurance coverage litigation. She has extensive experience in the storage, transportation, and warehousing industries in addition to the camp and youth program sector.   Ms. Rotstein has 20 years…

Two New Programs Reward Clean Energy Investments with Cash Refunds and Payments For the first time ever, qualifying tax-exempt taxpayers can now claim refundable energy tax credits (as cash payments), while other taxpayers can transfer energy tax credits to third parties for cash. The Inflation Reduction Act of 2022 (IRA) enacted two new sets of…

Over the past 3-4 months, we have been alerted to multiple email scams which have been sent to several of our clients. Some of the scams deceptively suggest that they are being sent by the US Patent & Trademark Office (“USPTO”) or other “official” trademark agency and include a customized invoice listing the recipient’s corporate…

Summary: The Corporate Transparency Act (the “CTA”) was enacted to prevent bad actors from taking advantage of the U.S. financial system. It plans to achieve this goal by requiring millions of entities that were formed by filings with a Secretary of State or similar office (and foreign entities that apply to qualify to do business…

Business Optimization Group: Key InsightsIR Global Annual Conference in Amsterdam We were delighted with the high turnout for our Business Optimization session at the IR Global Annual conference in Amsterdam and the very positive feedback from attendees. We wanted to continue the conversation by sharing key insights from the session. Within breakout tables, the group…

We are pleased to announce that William “Skip” Fisher has joined the Seattle office as a Partner in the firm’s Intellectual Property, Litigation, and Technology and IP Transactions practices. Mr. Fisher focuses on strategic counselling, high-stakes litigation, and complex licensing in all areas of intellectual property, with a particular emphasis on patents and trade secrets…

On the 50th anniversary of Title IX and the day before the Supreme Court overturned Roe v. Wade, the U.S. Department of Education issued long-anticipated proposed Title IX regulations. The proposed regulations were published in the Federal Register and are now open for public comment until September 12, 2022. A fact sheet and summary of major provisions are available on…

Mendi Sossamon is a Partner with 22 years in-house and law firm experience whose practice focuses on complex corporate transactions and general counsel services. With specialized expertise counseling businesses that monetize intellectual property, Ms. Sossamon structures and negotiates licensing, research, development, promotion, supply, distribution and service agreements, strategic alliances and joint ventures. Often, she serves…