The Womble Carlyle Economic Development Digest - June 13, 2014

Womble Carlyle Economic Development Summit - June 20, Charleston Register today Womble Carlyle’s Economic Development Digest aggregates news, opportunities and legislation impacting business in the United States. In this week's Economic Development Digest:

National Delaware legislature asked to address corporate fee-shifting bylaws after ATP Tour Decision, wcsr.com (May 30, 2014) Questions regarding the uncertain future of corporate fee-shifting bylaws could soon be answered by the Delaware legislature, as the Corporation Law Section of the Delaware State Bar Association voted to propose legislation intended to limit the scope of a recent state Supreme Court decision holding fee-shifting bylaws permissible under Delaware law. Supreme Court issues landmark rulings in two patent cases, further admonishes Federal Circuit and lowers the bar for patent challenges, wcsr.com (June 3, 2014) In two decisions with immediate and potentially far-reaching consequences, the Supreme Court unanimously overturned two Federal Circuit decisions. These decisions demonstrate the Court’s apparent intent to pull back on the protection offered by patents, and make it easier for alleged infringers to successfully challenge the validity of patents. North Carolina NC film experts worried about incentives bill, MyFox8.com (June 10, 2014) North Carolina film industry supporters are worried about a proposed law for film incentives. Gov.McCrory signs NC fracking gas drilling bill, The Charlotte Observer (June 4, 2014) The Governor of North Carolina signs legislation clearing the way for gas drilling by a method called “fracking” in an effort to spur economic development. Vote on film industry tax credit, commerce privatization on tap today, Triangle Business Journal (June 9, 2014) North Carolina’s bill to privatize economic development functions of the commerce department gets attention this week. South Carolina Unanimous SC Supreme Court: City license tax on all revenue of a single-location business with multistate customers is constitutional, TaxAnalysts.com (June 4, 2014)** The South Carolina Supreme Court held that a town's business license tax is constitutional because it is an excise tax on the privilege of doing business, which has been statutorily authorized by the state legislature, and is not a tax on the receipt of income from interstate commerce. New beer law creates opportunity, Greenville Online (June 9, 2014) South Carolina has a change in state law that keeps it in the running for a $30,000,000 brewery. **Note: a paid subscription is required to access this article. A brief description has been provided. Please contact Womble Carlyle’s Economic Development Team for more information on these developments. Womble Carlyle's Economic Development Team helps clients explore opportunities for locating or expanding operations in the Southeast and Mid-Atlantic U.S. Our Economic Development Team combines a thorough working knowledge of economic development incentives; land use and siting procedures; and regulatory matters at the state, county and local levels, drawing on strong relationships built over many years with key governmental and civic leaders. For more information visit www.wcsr.com/Practices/Economic-Development. If you have any questions about this Economic Development Digest, please e-mail EconDigest@wcsr.com or contact any member of Womble Carlyle's Economic Development Team.   Contacts North Carolina Charlotte Raleigh Research Triangle Park Winston-Salem John Hunter 704.331.4951 JHunter@wcsr.com Don Donadio 919.755.2102 DDonadio@wcsr.com Neill Edwards 919.484.2357 NEdwards@wcsr.com Alfred Adams 336.721.3642 AAdams@wcsr.com Chris Kouri 704.331.4987 CKouri@wcsr.com Nellie Shipley 919.755.2107 NShipley@wcsr.com       South Carolina Charleston Columbia Greenville Morris Ellison 843.720.4614 MEllison@wcsr.com Todd Carroll 803.454.7730 Todd.Carroll@wcsr.com Matt Trent 864.255.5411 MTrent@wcsr.com Foster Gaillard 843.720.4610 FGaillard@wcsr.com Kevin Hall 803.454.7710 Kevin.Hall@wcsr.com   Stephanie Yarbrough 843.720.4621 StYarbrough@wcsr.com         Georgia Atlanta     Guanming Fang 404.888.7388 GFang@wcsr.com