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New York Law Journal

Marital Dissolution Planning After the Tax Cuts and Jobs Act

Tax Tips columnist Sidney Kess writes: The Tax Cuts and Jobs Act of 2017 (TCJA) made important changes in the tax rules for alimony. These changes have a ripple effect throughout the tax law, impacting a number of other provisions. Here are the basic rules for alimony and their impact on other tax provisions in light of TCJA.
7 minute read

The Recorder

9th Circuit OKs Government's Hiring of Law Firms on Contingency

The appellate court on Thursday found that a defendant's due process rights weren't violated when a district attorney in California hired three outside law firms on a contingency basis to pursue a civil lawsuit.
5 minute read

New York Law Journal

Ex-Siemens Executive Pleads Guilty to Role in $100 Million Argentine Bribe Scheme

Eberhard Reichert, a German citizen, pleaded guilty to one count of conspiring to violate the Foreign Corrupt Practices Act before U.S. District Judge Denise Cote.
3 minute read

New York Law Journal

Medical Marijuana Business Banking Remains Difficult, Lawyers Say

The banking industry is a major hurdle for the medical marijuana business in New York and other states, lawyers say. Big banks are reluctant to get involved because of the uncertainty around federal anti-money laundering and other statutes aimed at discouraging moving illegal cash around.
4 minute read

International Edition

Fed Smacks China Bank, Demands Lengthy List of Money Laundering Reforms

Industrial and Commercial Bank of China is drawing serious scrutiny in the U.S. from the Fed.
3 minute read

Corporate Counsel

Fed Smacks China Bank, Demands Lengthy List of Money Laundering Reforms

Industrial and Commercial Bank of China is drawing serious scrutiny in the U.S. from the Fed.
3 minute read

Corporate Counsel

SEC Issues Cybersecurity Guidance to Public Companies

A majority of large public companies currently use risk factor disclosures to highlight cybersecurity risks. In the Commission's view, this approach may be insufficient.
8 minute read

Corporate Counsel

Work Product Protection for Legal Finance

Over the past three years, the law has even more strongly reinforced the protection under the work product doctrine of documents created in connection with litigation finance, or produced to litigation finance providers over the course of diligence and investment.
6 minute read

Delaware Business Court Insider

Delaware Public Policy Does Not Preclude D&O Insurance Coverage for Fraud

In Arch Insurance v. Murdock, a D&O insurance coverage dispute, the Superior Court's complex commercial litigation division reasoned broadly to hold that, absent a contrary choice of law clause, Delaware law applies to Delaware corporations' D&O insurance policies, and that Delaware public policy does not prohibit insuring losses from insureds' breaching the fiduciary duty of loyalty through fraudulent conduct.
6 minute read

Daily Business Review

South Florida, California Firms Merge to Create National Practice

The merger creates Ghidotti|Berger, with 14 attorneys practicing in federal and state courts in Arizona, California, Florida, Texas, Nevada and Washington.
1 minute read

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