Chambers USA Recognizes Wyche, P.A. as a 2024 Leading Law Firm
GREENVILLE, SC (June 6, 2024) – Chambers USA has recognized Wyche and 15 of its attorneys in the 2024 edition of Chambers USA: America’s Leading Lawyers for Business. Wyche’s Litigation, Corporate/M&A, Real Estate, and Environment practices have been named among the best in South Carolina. The independent research conducted by Chambers and Partners is often…
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South Carolina Introduces Income Tax Credit for Recreational Trail Easements
Effective May 13, 2024, South Carolina has introduced a one-time income tax credit for those who encumber their property with a perpetual recreational trail easement. The new law, codified in South Carolina Code Section 12-6-3810, aims to promote the development of trail systems connecting local and regional points of interest. Key Provisions of the new…
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Real Estate Developers, It’s Time to Get Personal with Your Investors
The reporting requirements of the new Corporate Transparency Act are in effect as of January 1, 2024. The Act presents a new administrative burden for most companies formed or doing business in the United States, and due to the common company structures of real estate developers, it may present a heavy hardship on them. The…
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Tax Credits for Rehabilitation of South Carolina Abandoned Textile Mills: What Expenses Qualify for Determining the Credit?
The textile industry dominated South Carolina manufacturing starting in the post-Civil War area, but largely collapsed in the late 20th century. A result was the abandonment of many former textile mill sites, resulting in blight. In 2008, South Carolina began to incentivize the rehabilitation and development of these sites by passage of the South Carolina…
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Twenty-Nine Wyche Attorneys Named to 2024 Best Lawyers Lists
GREENVILLE, SC – Best Lawyers® has recognized 29 Wyche attorneys for 2024. Five Wyche attorneys were named “Lawyer of the Year” in their respective practice areas. Eric Amstutz is the 2024 Corporate Governance Law “Lawyer of the Year,” Jo Watson Hackl is the 2024 Business Organizations (including LLCs and Partnerships) “Lawyer of the Year,” Wallace…
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A Guide to South Carolina Tax Credits for the Rehabilitation of Abandoned Textile Mill Sites
Introduction After the collapse of South Carolina’s once robust textile industry, the state was littered with closed and abandoned textile mills. In 2004, the South Carolina Textile Communities Revitalization Act (the “Act”) was enacted with the purpose of incentivizing the renovation and rehabilitation of these sites, which were causing community disruption, hindered investment, the lowering…
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Wyche Recognized as 2022 “Best Law Firm”
GREENVILLE, SC – Wyche has been named a 2022 Tier 1 “Best Law Firm” in 15 practice areas by U.S. News – Best Lawyers®. The selection follows a rigorous evaluation process that includes client and lawyer evaluations, peer reviews, and review of additional information. Firms included in the 2022 “Best Law Firms” list are recognized…
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Tax Credits for Rehabilitation of Abandoned Properties in South Carolina Extended
Many developers of property in South Carolina are applauding the recent extension of tax credits available for the rehabilitation of abandoned properties under the South Carolina Abandoned Buildings Revitalization Act (S.C. Code Section 12-67-100, et seq.) to December 31, 2035. The Act was set to expire at the end of 2025. This is also great…
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Chambers USA Recognizes Wyche, P.A. as a Leading Law Firm
GREENVILLE, SC (May 21, 2021) – Chambers USA has recognized Wyche and 12 of its attorneys in the 2021 edition of Chambers USA: America’s Leading Lawyers for Business. The independent research conducted by Chambers and Partners is often referred to as the “gold standard” of lawyer ratings, delivering insight and analysis on the global profession…
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Wyche Names Matthew Couvillion and Josh Lonon Shareholders
Greenville, SC (November 1, 2019) — Wyche is pleased to announce that Matthew Couvillion and Josh Lonon have been named shareholders of the firm. Matthew Couvillion serves as the firm’s Corporate Practice Group leader and focuses his practice on transactional matters, with an emphasis on corporate law, tax, and tax exempt organizations. He has experience…
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