Reeling Costs: BM1 Hooks $16.5 Million from AK Seafood

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Today’s Key Takeaways:  AFN tables resolution to support Ballot Measure 1 over concern for increased economic burden in Alaska’s small Native village corporations.  Pacific Seafood Processors Association opposes Ballot Measure 1, estimating a $16.5 million dollar increase in labor costs. The Pacific Seafood Processors Association (PSPA) stands with other business sectors in Alaska in opposition to Ballot Measure 1. Ballot … read more

Heads Up: BM1’s Legal Lens on AK Businesses!

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Todays’ Key Takeaways: The Wage and Hour section of Labor Standards anticipates 20-25 inquiries against Alaska employers each week if Ballot Measure 1 passes. The state anticipates extensive audits of employer policies and accrual rates if Ballot Measure 1 passes. The state will seek resolution of complaints through civil court. From the Fiscal Note Developed by the Alaska Department of … read more

Alaska Stands Firm: Safeguarding Resource Rights

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Today’s Key Takeaways:  Media trust hits historic low. Don’t sweat the polls.  Alaska asks judge to dismiss lawsuit to stop AKLNG. Nova proceeds to feasibility for Estelle gold project. NEWS OF THE DAY: OIL: Oil, Gas Investors Should Not Sweat the PollsAndreas Exarheas, Rigzone, October 16, 2024 Oil and gas investors shouldn’t sweat the polls, Morningstar stated in a new … read more