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21 Mar 2024, 1:01 pm
Under this exception, partners or members of partnerships and limited liability companies taxed as partnerships often assert that they qualify for the Limited Partner Exception. [read post]
20 Mar 2024, 8:24 pm
So while current cases against OpenAI continue to wrestle with how to effectively plead a complaint,[9] or to sort out facts,[10] and notwithstanding the strength of fair use arguments as a defense to the use of copyright works in training large language models,[11] the ability of generative AI companies to sustain investment levels throughout a long and accelerating innovation cycle will likely depend on - or at least materially benefit from – reducing current levels of… [read post]
19 Mar 2024, 6:08 pm
It signaled what appeared to be the ending of a long arc of development with the abandonment of the project to produce a Norms on the Responsibilities of Transnational Corporations and Other Business Enterprises with Regard to Human Rights (the “Norms”).[1] It was also the year that saw the announcement of the appointment of John Ruggie as Special Representative of the Secretary-General on the issue of Human Rights and Transnational Corporations and Other Business Enterprise… [read post]
18 Mar 2024, 6:00 am
The LTA amends New York’s Limited Liability Company Law 17 and its Executive Law. 18 Section 1 of the LTA adds definitions to the New York Limited Liability Company Law for the terms “beneficial owner,” “initial report,” “reporting company,” and “exempt company. [read post]
18 Mar 2024, 6:00 am
Importantly, HIPAA does not cover many entities and types of data involved in the healthcare system, including health apps, fitness trackers, university student health clinics, or most pharmaceutical companies. [read post]
18 Mar 2024, 4:32 am
In June 2022, Manhattan Commercial Division Justice Andrew Borrok granted Tao’s pre-answer motion to dismiss the complaint (read here), holding that under Delaware LLC Act Section 18-101[9] (“A member or manager of a limited liability company or an assignee of a limited liability company interest is bound by the limited liability company agreement whether or not the member or manager or assignee executes the… [read post]
14 Mar 2024, 10:07 am
An IARC IIA classification could thus represent a posterior probability of 1% in favor of carcinogenicity (and 99% probable not a carcinogen). [read post]
14 Mar 2024, 6:56 am
Further, as a limited-edition art object, the handbag holds value beyond its material components. [read post]
14 Mar 2024, 6:31 am
It is vital for these truck crash victims to be aware not only of these rising risks but of their right to independently investigate the event to find out (1) the extent of legal liability among various parties; and (2) the types of damages available to them. [read post]
8 Mar 2024, 1:18 pm
The Final Direct Payment Rules clarify that an entity that installs energy equipment does not “furnish electricity” for purposes of qualifying as an eligible entity under Section 6417. [read post]
6 Mar 2024, 9:01 pm
Perhaps the Commission does not believe that there are limitations. [read post]
4 Mar 2024, 5:56 pm
The CTA regulates “reporting company[ies],” defined as “corporation[s],limited liability company[ies], or other similar entit[ies]” that are either “(i) createdby the filing of a document with a secretary of state or a similar office under the lawof a State or Indian Tribe, or (ii) formed under the law of a foreign country andregistered to do business in the United States. [read post]
4 Mar 2024, 7:03 am
Such limits may encourage artists to create more sustainable designs. [read post]
3 Mar 2024, 9:01 pm
”[10] The Court also rejected the notion that judicial review of the conversion discriminates against Nevada entities, noting that it would apply the same framework to review a conversion of a Delaware corporation into a Delaware limited liability company. [read post]
The Cost Corner: Government Contracts Cost and Pricing – Compensation for Personal Services (Part I)
29 Feb 2024, 2:29 pm
The Compensation Cost Principle establishes: (1) six general criteria, including reasonableness, for determining the allowability of compensation costs and (2) additional limitations on the allowability of more than a dozen elements of compensation. [read post]
29 Feb 2024, 12:02 pm
§ 215.2(d)(1). [read post]
23 Feb 2024, 10:28 am
” These devices would restrict vehicles to no more than 10 miles per hour above the speed limit. [read post]
21 Feb 2024, 9:05 pm
” The evidence is that amortization does not contribute directly to “value-relevance”[8] for it does not directly affect share prices. [read post]
19 Feb 2024, 9:01 pm
Artificial intelligence (AI)[1] was the biggest technology news of 2023. [read post]
15 Feb 2024, 9:08 pm
The relief has been in place in some form since 1 July 2013. [read post]
