In a significant development for nonresident investors and private equity structures, the California Office of Tax Appeals (OTA) held that gain attributable to IRC section 751(a) “hot assets,” such as unrealized receivables and inventory items, remain part of the sale
DOL announced it will suspend PERM processing for certain employers amid heightened scrutiny of PERM and H-1B compliance and enforcement.
Oregon’s proposed Financial Assets Tax would impose a 1% to 1.2% tax on certain taxpayers with a net worth exceeding $30 million.
A dispute between the city of Baltimore and Dave Inc. (Dave) raises questions about the scope of local consumer-protection authority and its relationship to Maryland’s statewide consumer-lending framework. Dave has moved to dismiss Baltimore’s lawsuit concerning the company’s “ExtraCash” advances,
The Federal Trade Commission has settled with a payment processor and four affiliated entities over allegations that the companies knowingly enabled deceptive merchants, including foreign tech-support operations, to access the U.S. card-payment system. Beyond the $4.85 million monetary judgment, the
The Federal Trade Commission has settled with a payment processor and four affiliated entities over allegations that the companies knowingly enabled deceptive merchants, including foreign tech-support operations, to access the U.S. card-payment system. Beyond the $4.85 million monetary judgment, the
The Fifteenth Court of Appeals affirmed the denial of injunctive relief in a trade secret dispute between autonomous trucking companies CreateAI and Bot Auto.
CFTC proposes a regulatory framework for retail crypto asset trading, addressing leverage, exchanges, intermediaries, custody, clearing, and settlement.
The SEC proposed amendments to performance fee and interval fund rules aimed at expanding retail investor access to private market strategies.
Recent federal court decisions examine when employment claims involving security clearance determinations may proceed without requiring courts to reassess government security judgments.
