July 16, 2024 | New Jersey Law Journal
Banking on Change: How Rescheduling Cannabis Could Impact the Financial Sector"Rescheduling marijuana to Schedule III could reduce some criminal penalties and allow marijuana businesses to take federal tax deductions," write Fox Rothschild's Nikolas S. Komyati and Fruqan Mouzon.
By Nikolas S. Komyati, Fruqan Mouzon, Joanna Scotti and Wendy Xia
8 minute read
December 30, 2022 | The Legal Intelligencer
The 'State' of Cannabis Banking—The Dormant Commerce ClauseAs states continue promulgating more legislation to regulate the rapidly growing industry, which will doubtlessly include more banking regulation, financial institutions should be wary of a lurking dormant commerce clause challenge.
By Nikolas S. Komyati, Patrick J. Medeo, Siena Carnevale and Harrison A. Kaufman
7 minute read
November 22, 2022 | The Legal Intelligencer
The 'State' of Cannabis Banking: Still Waiting on GuidanceFinancial institutions and MRBs alike should be cautious when navigating this checkered landscape, where rapid industry growth and lack of a cohesive, overarching regulatory framework among states makes compliance in multiple markets difficult.
By Nikolas S. Komyati, Patrick J. Medeo and Siena Carnevale
8 minute read
September 15, 2022 | The Legal Intelligencer
Best Buds: Technology and Cannabis—A Possible Way ForwardThis article discusses three current issues within the cannabis industry and provides insights into how emerging technologies can play an integral role in providing a solution to these issues in the future.
By Vivian B. Isaboke and Nikolas S. Komyati
6 minute read
June 20, 2019 | New Jersey Law Journal
Incorporating Social Justice Reform Into Legalization LawsIn the area of social justice reform, legislators attempted to take steps to address the significant impacts for thousands of New Jerseyans who have been arrested and convicted of minor cannabis-related offenses.
By Nikolas S. Komyati and Risa D. Rich
7 minute read
February 10, 2018 | New Jersey Law Journal
Looking to Defraud Creditors? Talk to Your Foreign Subsidiary!A recent Third Circuit opinion held that the transfer of assets by a foreign subsidiary of a debtor was not a fraudulent transfer under the Delaware Uniform Transfer Act.
By Nikolas S. Komyati and Jordan J. Levine
8 minute read
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