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National Law Journal

Winston & Strawn Attorneys Back Digital Asset Association in Civil Crypto Fight

"If it's one anonymous person transacting with another anonymous person on the secondary market, years after the issuance of the token, what contract are we even talking about?" argued attorney George Mastoris.
5 minute read

Texas Lawyer

Haynes and Boone Strengthens East Coast Presence With 5-Partner Finance Group

A team of five finance lawyers from Moore & Van Allen joined Haynes and Boone in Charlotte, an office the firm opened in 2019 to serve the firm's banking clients.
3 minute read

Daily Report Online

Letter From Kemp's Chief Lawyer Questions Proposal on Buckhead

"Have proponents of Senate Bills 113 and 114 considered what greater impacts this precedent may have on municipal bond ratings, underwriting considerations, the further de-annexation and incorporation of cities, and the possible widespread default that could occur?" David Dove, the governor's executive counsel, wrote in the letter.
4 minute read

National Law Journal

In Jackson's First Majority Opinion, SCOTUS Curbs Delaware's Collection of Unclaimed Property

Interpreting the Federal Disposition Act, the unanimous court said the statute did not provide a basis for Delaware to escheat unclaimed checks purchased in other states, just because MoneyGram is incorporated there.
3 minute read

Law.com

First Circuit: Attorney's 'False Oaths' Warrants Denial of Chapter 7 Discharge

"We agree with the bankruptcy court that Kupperstein's 'belated and illogical justifications only served to enhance the appearance of fraud,'" Rhode Island District Judge Mary S. McElroy wrote for the panel, sitting by designation.
4 minute read

Texas Lawyer

Stanford Ponzi: Receiver Reaches $1.6B in Settlements With Five Banks

Baker Botts partner Kevin Sadler said, "This is an extraordinary result for the victims of the Stanford fraud."
3 minute read

New York Law Journal

Add'l Info in Pre-Foreclosure Notice OK –Kessler Doctrine Reversed

On Feb. 14, the Court of Appeals rendered an important decision in 'Bank of America, N.A. v. Kessler,' reversing the lower courts on the subject of pre-foreclosure notices.
5 minute read

New York Law Journal

SEC Adopts New Executive Compensation Clawback Rules

A discussion of the final clawback rules published by the SEC on Nov. 28, 2022, in response to the requirement under the Dodd-Frank Wall Street Reform and Consumer Protection Act to increase transparency and disclosure in financial reporting.
7 minute read

Daily Business Review

Senate Committee Targets Credit-Card Companies on Gun Sales

The Republican-controlled Senate Banking and Insurance Committee voted to approve a bill that would target yet-to-be-enacted plans by some credit-card companies to create a separate "merchant category code" for sales at firearm businesses.
3 minute read

New York Law Journal

IRS Issues Guidance on Developers' Common Improvements

In their Real Estate Financing column, Ezra Dyckman and Charles Nelson discuss the recently issued Revenue Procedure 2023-9, in which the IRS provides an optional safe harbor method for developers to account for certain common improvement costs of real estate projects.
5 minute read

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