By Ezra Dyckman and Charles S. Nelson | August 27, 2024
On June 17, 2024, the IRS released Notice 2024-54, which states that the IRS and the Treasury Department intend to issue proposed regulations relating to partnership basis adjustments resulting from transactions between related parties. The proposed regulations would introduce massive additional complexity to an area of the tax law that is already complicated.
By Maria Dinzeo | August 26, 2024
Liberian native Rhoda Weeks-Brown said she had lived her dream "of working for an organization with a mission that could change the world for the better."
By Lisa Shuchman | August 26, 2024
The Netherlands' privacy watchdog says the ride-hailing giant sent European drivers' personal data to its San Francisco headquarters without putting in place a proper legal transfer mechanism.
By Linda A. Thompson | August 26, 2024
The €290 million fine is the sixth-largest privacy fine given to a company to date.
New York Law Journal | Analysis
By Karen Hoffman Lent and Kenneth Schwartz | August 26, 2024
"While many of the DOJ's recent cartel prosecutions have faltered, the July verdict in 'Evans Concrete' could signal a shift in the DOJ's fortunes," write Karen Hoffman Lent and Kenneth Schwartz.
By F. Paul Greene | August 26, 2024
Paul Greene, partner at Harter Secrest & Emery, discusses the risks inherent in website tracking, including use of tracking pixels, cookies, and other tracking tools, viewed against the backdrop of recent regulatory developments, including the new NYAG guidance.
By Charles Toutant | August 22, 2024
Jason Mills of Morgan Lewis anticipates that proposed rules to protect workers from the heat will generate strong opposition and legal challenges to them might end up before the U.S. Supreme Court.
National Law Journal | Analysis
By Maydeen Merino | August 21, 2024
"Our economy is so concentrated, competition has lessened, consumers are frustrated," said Phil Weiser. "The AGs are responding."
By Brian Lee | August 21, 2024
U.S. District Judge Louis L. Stanton upheld a jury verdict that had found that Quincy Bioscience, the maker of Prevagen, a dietary supplement claiming to improve memory loss, had the capacity or tendency to deceive under New York law.
New York Law Journal | Analysis
By Marc A. Lieberstein, David T. Azrin and Thomas M. Pitegoff | August 21, 2024
"New York businesses, and those who would like to do business in New York, should not have to conduct themselves under the cloud and uncertainty of New York's NYFSA," write Marc A. Lieberstein, David T. Azrin and Thomas M. Pitegoff.
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