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Tyler K. Gilliam

45 Haynsworth Sinkler Boyd Attorneys Named 2022 “Legal Elite”

August 03, 2022

Haynsworth Sinkler Boyd is pleased to announce that 45 of our attorneys have been named 2022 “Legal Elite” by Greenville Business Magazine, Columbia Business Monthly and Charleston Business Magazine.

82 Haynsworth Sinkler Boyd Attorneys Recognized by Best Lawyers

August 19, 2021

Haynsworth Sinkler Boyd is proud to announce that Best Lawyers®, a legal peer-review guide, has selected 82 attorneys for inclusion in The 2022 Best Lawyers in America©, including five attorneys as “Lawyer of the Year” and eleven attorneys as “Ones to Watch.”

Guide to NIL in South Carolina for Athletes and Businesses

July 08, 2021

If you follow college sports (and if you live in South Carolina, you probably do) you will have heard that the NCAA recently issued guidance that permits college athletes to profit from licensing their name, image, and likeness (“NIL”). This means that college athletes can now monetize their fame by licensing their name, image, reputation, face, etc., without forfeiting their eligibility. The State of South Carolina also recently passed legislation known as Intercollegiate Athletes’ Compensation for Name, Image or Likeness, S.C. Code §§ 59-158-10 to -80 (“SC NIL”), and amended certain other legislation to permit collegiate athletes to receive compensation for their name, image or likeness. Per the NCAA’s guidance, NCAA member-schools and athletes in South Carolina must follow South Carolina’s NIL laws.

Tax Deadline Updates for Opportunity Zone Investments

April 14, 2020

On April 09, 2020, the Department of Treasury and the IRS announced Notice 2020-23, which extends key tax deadlines related to Section 1031 Like-Kind Exchanges and Opportunity Zones.

COVID-19 – Does Your Business Interruption Insurance Apply?

March 20, 2020

To counteract the spread of COVID-19, on March 17, South Carolina governor Henry McMaster issued orders suspending dine-in service at all South Carolina bars and restaurants and prohibiting public gatherings over fifty people. 

Final Opportunity Zone Regulations: What Investors Need to Know

February 13, 2020

On December 19, 2019 the IRS published its final regulations on Opportunity Zones. Here are some noteworthy items in the final regulations:

Big Changes in the Area of Conservation Easements Following Recent Tax Court Opinion

December 31, 2018

In Pine Mountain Preserve the Tax Court determined in a full-court opinion that the section 170 “perpetuity” requirement was not satisfied where an easement permits landowners to move the location of future structures within the conservation area. Pine Mountain Preserve, LLLP v. Commissioner of Internal Revenue, 151 T.C. 14 (2018).

Tyler Gilliam Graduates from Leadership Discovery

December 20, 2018

Tyler Gilliam, an associate at Haynsworth Sinkler Boyd, recently graduated from Charleston Metro Chamber of Commerce’s Leadership Discovery.

Can a Member of a South Carolina Limited Liability Company be an Employee of that Company?

September 18, 2018

In Morin v. Innegrity, LLC, the South Carolina Court of Appeals permitted a member of an LLC that was performing services for the LLC to recover unpaid wages under the South Carolina Payment of Wages Act (SCPWA or the Act). Though the parties did not raise the issue, the case presented an interesting question about whether the protections of the Act extend to service members of an LLC.  (Note that in the ensuing discussion “LLC” is used interchangeably with “partnership” and “member” with “partner.”) 

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