Insights

Bankruptcy law and environmental law often are in tension with one another. The former seeks to accelerate a debtor’s liabilities into a net present value to determine creditor distributions. The latter encourages parties to manage environmental and decommissioning liabilities over...

Last month, the New York State Department of Financial Services (NYDFS) proclaimed, “In an era of weakened federal government oversight, strong state regulation is essential in order to safeguard our markets, ensure strong consumer protections and hold regulated entities accountable...

On June 18, 2018, the IRS issued proposed Treasury regulations (the 2018 Regulations) that, if finalized, would withdraw certain proposed and temporary Treasury regulations issued in 2016 related to the allocation of partnership liabilities (the 2016 Regulations). In their place,...

The estimable Chairman of the Ways and Means Committee has had it with the annual “extenders” charade. House tax-writers will sort through the list of temporary tax provisions and determine once and for all what deserves to be part of...

Josh, Liam, and Paul discuss the results of several midterm primary elections, including the shocking win of Alexandria Ocasio-Cortez in New York's 14th District Democratic primary over a long term incumbent. Other major topics include: Harley-Davidson and steel tariffs, the...

The United States Supreme Court, in the case of South Dakota v. Wayfair, Inc. , has held that a state may require retailers with no physical presence in the state to collect sales and use taxes on sales to customers...

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...

Almost 12 years after it acceded to the New York Convention, the UAE’s new Federal Arbitration Law came into effect on 16 June 2018. Closely based on the UNCITRAL Model Law, it is widely regarded amongst the international arbitration community...

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...

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...