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19 Jul 2022, 9:01 pm
One notable crypto-exchange platform, Genesis Trading, announced that it too had suffered losses due to 3AC’s bankruptcy, but managed to mitigate its losses with its parent company, Digital Currency Group, assuming certain liabilities related to 3AC.[16] On July 13, 2022, Celsius Network, a crypto lending platform, also filed for Chapter 11 bankruptcy protection in New York.[17] Other crypto exchanges have announced they have hired restructuring advisors and are… [read post]
19 Jul 2022, 4:50 pm
The move toward responsible cryptocurrency mining aligns with a New York law, Senate Bill S6486D, enacted in June, which placed a moratorium on cryptocurrency mining operations that utilize a proof-of-work authentication method, which includes two popular cryptocurrencies, Bitcoin and Ethereum. [read post]
19 Jul 2022, 2:59 pm
The authors of this guest post are: Doug Greene, BakerHostetler, Leader, Securities and Governance Litigation Team; Genevieve York-Erwin, BakerHostetler, Partner; Mike Tomasulo, Baldwin Risk Partners, Managing Partner, Management Liability National Practice Leader: Emily Baxter, BakerHostetler, Associate; and Alex Karambelas, BakerHostetler, Associate. [read post]
19 Jul 2022, 5:54 am
The company has achieved initial successful court decisions such that the parties can now proceed to discovery. [read post]
18 Jul 2022, 9:00 am
When injured as a result of someone else’s wrongdoing, a New York City personal injury attorney can help investigate your claim, gather evidence, negotiate with insurance companies, and, if necessary, represent you in court. [read post]
18 Jul 2022, 6:12 am
Baltimore-based Klein Enterprises, a vertically integrated investor, developer and operator of diversified real estate holdings, was part of a collection of three companies that acquired 16 shopping centers from a deal involving 35 grocery-anchored properties. [read post]
18 Jul 2022, 4:33 am
This will likely impact the future operational effectiveness of the group and will reduce its values as a prop to the regular Russian forces, the update adds. [read post]
17 Jul 2022, 10:38 pm
Lawsuits in New York courts between real estate co-owners merely involving claims of financial misconduct are a dime a dozen, and aren’t normally prime fodder for this blog. [read post]
17 Jul 2022, 5:54 pm
They asked seven cryptomining companies for data on their operations, and the group’s findings, issued Friday, are based on the companies’ responses. [read post]
15 Jul 2022, 4:00 am
‘Operation Higher Court’: Inside the religious right’s efforts to wine and dine Supreme Court justices Yahoo News – Peter Canellos and Josh Gerstein (Politico) | Published: 7/8/2022 Rob Schenck, an evangelical minister who once headed the group Faith and Action, said he arranged for couples to fly to Washington to visit with and entertain Supreme Court Justices Clarence Thomas, Samuel Alito, and the late Antonin Scalia. [read post]
14 Jul 2022, 8:14 am
” “One of the most prominent was WeWork co-founder Adam Neumann, who hired New York’s Seiden Law Group after learning from Reuters that he and other company executives’ email accounts were targeted by the Indian hackers starting in August 2017, according to four people familiar with the matter. [read post]
14 Jul 2022, 7:01 am
ByteDance also entered discussions to sell TikTok’s American operations to Oracle and Walmart. [read post]
14 Jul 2022, 6:49 am
Among those: A 65-year-old actress died less than two weeks after a hit-and-run with an electric scooter in New York City while she crossed the street on foot. [read post]
14 Jul 2022, 4:41 am
Luke Broadwater reports for the New York Times. [read post]
13 Jul 2022, 5:46 pm
That same AI also produces more accurate results in the hands of a radiologist than it does when operating solo. [read post]
13 Jul 2022, 1:31 pm
Recent Developments In 2021, Colorado began requiring companies to list a job’s compensation in any job postings (C.R.S. [read post]
13 Jul 2022, 6:34 am
To the extent the consequences have a negative impact on current company operations of financial performance, and to the extent the companies’ share prices decline as result, the companies may well get hit with securities lawsuits – even though we are now well over two years past the initial COVID-19 outbreak. [read post]
13 Jul 2022, 4:44 am
Katie Benner reports for the New York Times. [read post]
13 Jul 2022, 1:55 am
In fact, 25 states have lower top marginal individual income tax rates now than they did in 2012.[1] As of 2023, when Iowa’s top rate drops to 6 percent (with further reductions to 3.9 percent),[2] Minnesota and Wisconsin will be left with the highest top marginal individual income tax rates of all the non-coastal states stretching from California to New York.[3] Adding to the urgency of reform, the COVID-19 pandemic quickly accelerated a trend toward more flexible workplace… [read post]
12 Jul 2022, 11:44 am
The story began when the Treasury Inspector General for Tax Administration released a report finding that some low-level IRS employees (not tax lawyers) had screened applications for a category of tax-exempt organizations (so-called 501(c)(4)'s) by using terms with political valence like "tea party patriots" to flag certain groups for more exacting scrutiny.This was in fact a completely sensible thing to do, because Internal Revenue Code section 501(c)(4) stipulates that an… [read post]
