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Gruenberg of the Federal Deposit Insurance Corporation (“FDIC”) released the FDIC’s priorities for 2022, which included “[a]ddressing the financial risks that climate change poses to banking organizations and the financial system. [read post]
An AMT liability generally arises where the tentative minimum tax exceeds the sum of the corporation’s regular tax liability plus the corporation’s base erosion and anti-abuse tax (“BEAT”) imposed under Section 59A. [read post]
12 Aug 2022, 4:00 am by Jim Sedor
DaVita Helped Craft New Bill to Fix ‘Loophole’ Left by Supreme Court Ruling, Documents Show Yahoo News – Megan Wilson (Politico) | Published: 8/9/2022 Roughly two months after dialysis company DaVita lost a Supreme Court case involving insurance coverage for its services, Congress introduced bipartisan legislation that would be a boon for dialysis providers. [read post]
11 Aug 2022, 9:01 pm by Timothy D. Lytton
The Centers for Disease Control and Prevention estimates that contaminated food sickens 48 million people each year in the United States, causing l28,000 hospitalizations and 3,000 deaths annually. [read post]
11 Aug 2022, 9:04 am by Dan Harris
They set up limited liability companies in U.S. states that allow for their ownership to remain secret and then they use these LLCs to order products from China. [read post]
4 Aug 2022, 6:15 am by Swor & Gatto
In the case of accidents involving deer or other wild animals, there is no specific owner, so the driver who hit the animal will likely have to go through their own insurance company to make a claim. [read post]
Companies with securities listed on EU regulated markets (except micro-enterprises): Companies whose securities (including debt securities with denominations lower than €100,000 or equivalent or depositary receipts) are admitted to trading on a regulated market of any Member State, with the exception of micro-enterprises. [read post]
3 Aug 2022, 3:00 am by Chip Merlin
Steve is from Texas, but I actively practice law in Colorado, and Colorado is a different appraisal world than anywhere else in the United States. [read post]
28 Jul 2022, 2:50 pm by Kevin LaCroix
The complaint alleges further that the defendants waited until after the public shareholder redemption deadline had passed to “surprise investors with the fact that ELM was simply a dealer flipping Chinese electric vehicles, not a United States manufacturer. [read post]
26 Jul 2022, 9:01 pm by William A. Birdthistle
The Division’s focus on fees can take many forms, and—as I have noted before—our authorities under the Investment Company Act encompass not merely the form and content of disclosure, but also helping to ensure that advisers comply with their fiduciary obligations. [read post]
26 Jul 2022, 2:53 pm by Kevin LaCroix
Frank HülsbergBurkhard FassbachIn this guest post, Frank Hülsberg and Burkhard Fassbach take a look at a recent Reuters special report about the use of cyber hacking and other espionage techniques in litigation and consider the D&O liability and insurance implications. [read post]
24 Jul 2022, 7:48 pm by Kevin LaCroix
  In early March 2020, two securities class action lawsuits were filed in the United States against Cronos and certain of its officers. [read post]
24 Jul 2022, 2:52 am by Cari Rincker
Usually the lessor will fully insure the equipment against casualty, theft or other loss, damage from natural causes, or against personal liability. [read post]
21 Jul 2022, 8:21 am by Angelina Cameron
That’s because the United States applies citizenship-based taxation, meaning that US expats have to file their taxes yearly to the IRS, regardless of where they live. [read post]
20 Jul 2022, 7:39 am by The Murray Law Firm
Under certain State law, the owner and management company of an apartment complex have a duty to protect residents and to keep the premises safe. [read post]
18 Jul 2022, 2:46 pm by Kevin LaCroix
Regular readers of this blog know my view that the  rise of collective investor actions outside the United States is one of the most important developments in the world of directors’ and officers’ liability in recent years. [read post]