Insights

On June 12, 2018, after a six-week trial, U.S. District Court Judge Richard Leon denied the U.S. Department of Justice’s request to block AT&T Inc.’s $85 billion acquisition of Time Warner Inc., one of the most high-profile merger challenges in...

We're debuting a new format to The Lobby Shop this week, now featuring your three regular co-hosts Josh Zive, Liam Donovan, and Paul Nathanson. We'll cover the latest DC news from three angles: diving into legislation and policy, understanding their...

Last week, the United States Supreme Court reigned in plaintiffs’ ability to file new class action suits outside the statute of limitations. The Court decided in China Agritech that, following denial of class certification, a putative class member may not...

The Tax Cuts and Jobs Act (the TCJA) modifies the holding period necessary for gains attributable to applicable partnership interests, commonly known as carried interests, to qualify as long-term capital gains, subject to federal income tax at a rate of...

Six months after the passage of the Tax Cuts and Jobs Act (TCJA or “the Act”), tax practitioners still are analyzing the effects of the Act’s new provisions across all sectors of the economy. This includes the financial sector, which...

-- New Holding Period Rules for Carried Interests and the Impact on Upstream Oil and Gas -- Potential Pitfalls Under the TCJA: New and (Un)Improved Rules for CFCs Impacting Finance

Josh and Liam reunite in The Lobby Shop for a look at what Liam has been up to for the last few weeks. We cover the cancellation of Congress's August recess by Senate Majority Leader McConnell, the outlook of the...

The UK Supreme Court opinion in Rock Advertising Limited v MWB Business Exchange Centres Limited [2018] UKSC 24 marks a step change in English law’s treatment of ‘No Oral Modification’ (“ NOM ”) clauses. The Court opined that English law...

Josh Zive is joined in The Lobby Shop by Caitlin Andrews and John Lee, whose hard work on behalf of childhood cancer groups resulted in the passage of the STAR Act, legislation that will advance pediatric cancer research. We explore...

As is well known, on December 22, 2017, President Trump signed the Tax Cuts and Jobs Act (the “Final Bill”) into law. During the course of this massive legislative effort, various provisions affecting tax-exempt organizations were proposed. While receiving less...

As we have noted in past reports, tax reform is impacting the media industry in a number of important ways. When making investment decisions, potential investors will look to the overall health of the industry. The entertainment and media sector...

As Congress grapples with a jam-packed legislative calendar and a fraught campaign season looms, most of the near-term movement on the tax front continues to come from the executive branch. The months following the December enactment of the Tax Cuts...

This is the sixth installment of Bracewell Tax Report articles describing the new rules applicable to partnership audits under the Internal Revenue Code and the related proposed and final Treasury regulations. Each installment focuses on certain aspects of these rules...

The recent English High Court decision in Atlas Power Ltd -v- National Transmission and Despatch Co Ltd [2018] EWHC 1052 concerns a number of power purchase agreements entered into by Pakistani independent power producers and the national grid company of...

This is not an email about what the General Data Protection Regulation (GDPR) is. We assume you've received dozens of those recently (including from us) . As those emails promised, GDPR Day 1 finally came. And it began with a...