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17 Apr 2024, 12:38 pm by Chris Sutton
In a decision of significance for private schools and other tax-exempt organizations, the United States Court of Appeals for the Fourth Circuit(“Fourth Circuit”) decided recently that merely having 501(c)(3) tax status is not a form of “federal financial assistance” sufficient to subject a tax-exempt school or organization to compliance obligations under Title IX of the Education Amendments of 1972 (Title IX). [read post]
16 Apr 2024, 8:55 pm by Lawrence Solum
Here is the abstract: An assumption that dominates the discourse on race in the United States is that racial subjugation is only harmful to the subjugated. [read post]
15 Apr 2024, 9:01 pm by renholding
One proposal—part of Toomey’s proposed Stablecoin TRUST Act—would have required Federal Reserve Banks to grant master accounts to state-chartered depository institutions acting as issuers of payment stablecoins, a type of cryptocurrency pegged to the U.S. dollar that would be 100% backed by cash or cash equivalents. [read post]
15 Apr 2024, 2:33 pm by Dennis Crouch
These proposed rules come in response to the Supreme Court’s decision in United States v. [read post]
15 Apr 2024, 7:25 am by Unknown
In 2016, the United Nations’ International Maritime Organization announced a new regulation that would cap sulfur content in fuel oil at.5% beginning in 2020. [read post]
15 Apr 2024, 3:00 am by Andrew Lavoott Bluestone
The law is very clear that an agreement to perform unaudited services does not shield an accountant from liability because an accountant must perform all services in accordance with the standard of a reasonable accountant under similar circumstances, which includes reporting fraud that is or should be apparent (see 1136 Tenants’ Corp. v Rothenberg & Co., 36 AD2d 804 [1st Dept 1971], affd 30 NY2d 585 [1972]; see also William Iselin & Co., Inc. v Mann Judd… [read post]
14 Apr 2024, 8:02 pm by Laura
Other countries that have similar legal frameworks to the UK include Australia, New Zealand and Canada, as well as the United States. [read post]
13 Apr 2024, 12:02 pm by Russell Knight
” 750 ILCS 5/503(b)(3)(emphasis mine) There is literally zero case law in the United States about how to specifically divide a carried interest in a divorce action. [read post]