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September 09, 2024 | National Law Journal

Coast Guard Under Fire for Alleged Culture of Sexual Misconduct

"I know that there are many, many more survivors out there who experienced sexual assault at the Coast Guard Academy and my hope is that with the publicity ... other survivors will feel empowered to come forward and reach out to us," said Christine Dunn of Sanford Heisler Sharp, one of the complainants' attorneys. "I believe that if there are enough people standing together making noise, it's very hard to ignore."
5 minute read
September 09, 2024 | Corporate Counsel

Discover CLO Hope Mehlman Slows Down Exit in Exchange for Millions

Discover agreed to let Mehlman, who joined Discover in January 2023, keep her entire $3.4 million signing bonus and to pay her as much as $1 million more to stay aboard until Nov. 29.
6 minute read
September 09, 2024 | New York Law Journal

Determining Ownership in Multiple-Grantor Trusts

Given the tax policy justifications for the grantor trust rules and based on analogous case precedent, we discuss the rationale for using the specific property approach for sequestered, traceable assets and the fractional approach for commingled assets.
8 minute read
September 09, 2024 | New York Law Journal

Trustee Compliance With the Corporate Transparency Act

Under the Corporate Transparency Act (CTA), every "reporting company" must file a "beneficial ownership interest report" (a BOI report) by Jan. 1, 2025 (or, if formed during 2024, within 90 days of formation). In general, every domestic entity and every foreign entity registered to do business in the United States is a reporting company, unless the entity qualifies for exemption.
9 minute read
September 09, 2024 | New York Law Journal

The Great Wealth Transfer: Estate Planning for the Most Significant Wealth Transfer in US History

This "wealth transfer wave" also comes at a time when the current historically high federal estate tax exemption is set to expire very shortly.
8 minute read
Law Journal Press | Digital Book New Jersey Estate Litigation 2014 Authors: Michael R. Griffinger, Paul F. Cullum III View this Book

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September 09, 2024 | New York Law Journal

New York's Latest Legislative Session: What Passed, What Didn't, What's Next

The second year of the 2023-2024 legislative session began on Jan. 3, 2024, and ended on June 6, 2024. Here are some of the most significant developments of the 2023-2024 session.
15 minute read
September 09, 2024 | New York Law Journal

In Terrorem Clauses in Wills: Formidable or Trivial?

No-contest clauses can be beneficial, but also albatrosses. The existence of a clause itself cannot prevent all challenges or always result in forfeiture when a challenge is asserted.
8 minute read
September 09, 2024 | The American Lawyer

Google Lawyer Heads to Freshfields' Antitrust Practice

Kevin Yingling was director of competition at Google, where he worked for about 15 years.
3 minute read
September 09, 2024 | New York Law Journal

Estate Planning Considerations for Israeli-Americans With Minor Children and Extended Family Overseas

Though none of us is guaranteed tomorrow, the estate planning attorney can offer comfort to such Israeli-American families by explaining the options to name guardians and leave assets in trust for the care of minor children.
8 minute read
September 09, 2024 | Litigation Daily

Litigation Leaders: Casey Laffey of Reed Smith on Being 'More Prepared Than the Other Side'

"We are focused on continuing to grow in hot-button areas like tech and data class actions, insolvency, managed care, and cross-border disputes."
12 minute read

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