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30 Aug 2023, 10:56 am by Adam Schurle and Tori Roessler
If one of the aforementioned entities is part of an ultimate partnership that owns the facility, such entity must own at least a 1% interest in each material item of partnership income, gain, loss deduction and credit and be a managing member at all times throughout the existence of the partnership for the partnership to be eligible for the reserved capacity limitation. [read post]
21 Aug 2023, 1:07 pm by Matthew Ackerman
Unlike Michigan, Minnesota does not cap attorney fees at one-third of the amount by which the ultimate award exceeds the good faith offer. [read post]
Moreover, the term “person of a country of concern” mean any non-U.S. person who is also (1) a citizen or permanent resident of China, (2) a Chinese entity due to incorporation or headquarters, (3) the Chinese government (including its agencies and state-owned entities), (4) or any entity owned individually or in the aggregate, directly or indirectly, 50 percent or more by a person in (1)-(3). [read post]
9 Aug 2023, 9:01 pm by renholding
The Bank Policy Institute noted in response to the Capital Proposal that “private equity, private debt, hedge funds, finance companies and other unregulated firms” would likely gain market share with higher margins.8 These entities also may find opportunities to help banking organizations directly by facilitating transactions that reduce risk (e.g., credit risk transfer trades), acquiring credit exposure through securitizations and commercial paper conduits, and purchasing… [read post]
4 Aug 2023, 4:00 am by Jim Sedor
Instead, roughly $5.3 million went to two shadowy entities: newly formed limited liability companies with no online presence and no record of other federal election work. [read post]
3 Aug 2023, 7:09 pm by thomasgalvani
False Connection: You can argue that the trademark implies a false connection with the protestor or another entity, such as a person, public figure, belief, or national symbol. [read post]
3 Aug 2023, 5:41 am by Hunton Andrews Kurth LLP
  In cases where a civil monetary penalty is warranted, voluntary self-disclosure can reduce the base amount of a civil penalty by as much as 50 percent. [read post]
Although the FSR does not establish any formal complaint mechanism, the Commission welcomes all informal contacts reporting indicia of distortive FS. [read post]
1 Aug 2023, 2:50 pm by Jessica Bayles
  Section 13.3 (Obligation for Study Costs) of the pro forma LGIP allows each transmission provider to propose its own study cost allocation ratio for allocating the shared costs of cluster studies between a per capita basis and pro rata by MW, provided that:  between 10% and 50% of study costs must be allocated on a per capita basis, with the remainder (between 90% and 50%) allocated pro rata by MW. [read post]
These changes are designed to reflect the common understanding that a third country branch cannot fail independently of its wider legal entity. [read post]
As background, a covered business is one that “does business” in California, and either has annual gross revenues of $25 million, annually buys sells or shares personal information of 100,00 consumers or households, or derives 50 percent or more of its annual revenues from selling or sharing consumers’ personal information. [read post]
25 Jul 2023, 9:05 pm by renholding
  This pure financial case does not generally obtain for other elements of ESG. [read post]
19 Jul 2023, 9:05 pm by renholding
Scope 3 Emissions SB 253 would direct CARB to develop standards for GHG emissions reporting by January 1, 2025, with covered entities then required to begin annual reports following these standards in 2026 (for scope 1 and scope 2 GHG emissions) and in 2027 (for scope 3 emissions).[21] Scope 1 emissions are those that come directly from a company’s operations, such as its factories, heating plants, and vehicle fleets. [read post]
18 Jul 2023, 10:43 am by Kyle Hulehan
The tax code does allow start-ups to carry an unused tax credit on their books as an asset until the firm is profitable enough to use it, but that could take years. [read post]
14 Jul 2023, 10:21 am by Zak Gowen
The states said in a brief filed with the court Friday that because the bureau does not rely on direct appropriations from Congress, it can afford to “leave states out in the cold” when regulating banks and other financial entities. [read post]
13 Jul 2023, 5:56 am by David Klein
Even though SB 2105 does not take effect until September 1, 2023, Texas data brokers should familiarize themselves with its requirements. [read post]