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14 Sep 2018, 6:00 am
Lee LTCM was the largest hedge fund operating in the United States and its brush with death provided a preview of some of the forces that would contribute to the near collapse of the U.S. financial system in September 2008. [read post]
13 Sep 2018, 10:00 pm
Federal election law prohibits companies from providing free services to lawmakers. [read post]
13 Sep 2018, 5:44 am
On September 10, 2018, the New York Department of Financial Services (“DFS”) authorized Gemini Trust Company and Paxos Trust Company to each offer a price-stable cryptocurrency, also known as a stablecoin, pegged to the U.S. dollar. [read post]
12 Sep 2018, 8:05 am
That said, significant questions remain about how these data aggregation-focused fintechs operate and how they should be regulated. [read post]
10 Sep 2018, 8:10 am
The company has been able to keep the workplace operating without its employees because Newfoundland and Labrador’s labour laws permit employers to hire “replacement workers”, or what the labour movement calls “scabs”. [read post]
8 Sep 2018, 8:02 am
Attorney for the Southern District of New York charged Andrei Tyurin, a Russian citizen, with participating in a campaign to hack U.S. companies. [read post]
7 Sep 2018, 11:56 am
Not true–Sirius had to be dragged kicking and screaming through courts in California, Florida and New York to get to any conclusion at all. [read post]
6 Sep 2018, 10:59 am
For example, it is relatively easy for a company to move its operations or choose to locate its next investment in a lower-tax jurisdiction, but it is more difficult for a worker to move his or her family to get a lower tax bill. [read post]
6 Sep 2018, 10:37 am
Park worked on behalf North Korean military intelligence agency responsible for Pyongyang’s cyber operations, the General Reconnaissance Bureau. [read post]
6 Sep 2018, 7:36 am
In the context of U.S. military doctrine, information warfare and influence operations are most closely related to information operations or military information support operations. [read post]
5 Sep 2018, 6:19 pm
"As Judge David Langham has noted, NJ is one of a few remaining states, that include: Alaska, California, Colorado, Florida, Louisiana, Minnesota, Montana, Nevada,, New Jersey, New York, North Dakota, Ohio, Oregon, Washington, and Wisconsin, where insurance companies/states instead of the Social Security Administration, still are permitted under law, to take a credit. [read post]
5 Sep 2018, 12:44 pm
Wyden instead blamed telecommunication providers for the over-collection, telling the New York Times: “Telecom companies hold vast amounts of private data on Americans. [read post]
5 Sep 2018, 12:40 pm
In Vermont, a bill was signed into law in May 2018 allowing limited liability companies organized for the “purpose of operating a business that utilizes blockchain technology for a material portion of its business activities” to elect to be a blockchain-based limited liability company (“BBLLC”). [read post]
5 Sep 2018, 9:00 am
Decades ago, Sol Wachtler, the former chief judge of New York state, famously observed that a prosecutor could get a grand jury to “indict a ham sandwich. [read post]
5 Sep 2018, 8:51 am
Sheryl Sandberg, the chief operating officer of Facebook, and Jack Dorsey, the CEO of Twitter, are spending the morning in front of the Senate intelligence committee to testify on their companies’ response to election interference, reports the New York Times. [read post]
5 Sep 2018, 3:48 am
A New York appellate court has affirmed a lower court’s decision that a whistleblower properly alleged, in a New York False Claims Act case, that Moody’s captive insurance company was knowingly operated as an improper tax shelter for purposes of calculating New York’s taxes. [read post]
3 Sep 2018, 8:01 pm
Corp. v Zelouf, 47 Misc 3d 346 [Sup Ct, NY County 2014], the court noted that “no New York appellate court has ever held that a DLOM must be applied to a fair value appraisal of a closely held company. [read post]
3 Sep 2018, 5:29 pm
The paradox of efficiency is not that efficiency is bad, but that pursuing greater efficiency in every instance and operation is wasteful. [read post]
3 Sep 2018, 8:40 am
International Trade Administration operates the above described website and its contents, so be sure to check the site often for updates. [read post]
2 Sep 2018, 9:09 am
An example might be that the two equal owners of a company cannot agree on whether to buy out a competitor’s business. [read post]
