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“Dram Shop” Risk on the Rise in SC

The restaurant and bar industry is booming across the nation and South Carolina as the economy continues to improve.  But our next guest says that this increase in business also brings with it an industry-wide increase in the risk of violating what is known as “dram shop law”, which allows victims of drunk driving accidents to hold bars, restaurants, and other alcohol retailers accountable for the death, injury, or damages caused by an intoxicated customer.

Mike Switzer interviews David Lail, an attorney with Yarborough Applegate in Charleston, SC.

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After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.