Federal Communications Commission (FCC) Commissioner Nathan Simington announced yesterday that he will resign his seat at the FCC on Friday, June 6, and Democratic Commissioner Geoffrey Starks announced that he also will leave…
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/ Administrative Law, Communications & Media Law, Elections & Politics
On May 28, 2025, the US Tax Court ruled that investment manager limited partners in Soroban Capital Partners were active limited partners and, as such, were ineligible for the limited partner exception to self-employment taxes…
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/ Business Organizations, Taxation
On May 30, 2025, the Consumer Financial Protection Bureau (CFPB) took the rare step of asking the US District Court for the Eastern District of Kentucky to vacate the CFPB’s own final rule implementing Section 1033 of the…
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/ Administrative Law, Consumer Protection, Finance & Banking
California’s recent amendments to its Automatic Renewal Law (ARL), imposing new compliance obligations on businesses offering subscription-based services to California consumers, become effective on July 1, 2025. These…
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/ Administrative Law, Commercial Law & Contracts, Consumer Protection
Many of our startup clients are founded by foreign-born entrepreneurs who launched their companies while on a visa in the US. A recent study found that more than half of unicorns in the US were founded by immigrants. If you are…
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/ Business Organizations, Immigration Law, International Law & Trade
On May 22, 2025, the US House of Representatives passed the “One Big Beautiful Bill Act” (OBBBA), which includes a temporary suspension of the amortization requirement for domestic research and experimentation (R&E)…
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/ Taxation
Earlier this year, the English High Court considered an application for strike out of a representative action in the ongoing dispute between Getty and Stability AI. The case is at the intersection of intellectual property (IP)…
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/ Civil Procedure, Intellectual Property, Science, Computers, & Technology
As noted in this Reuters article, a recent PwC and The Conference Board survey found that..…
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/ Business Organizations
Over the past few years, we have been deeply engaged in – and have closely observed – the rapid growth of Chinese biotech companies. Despite a challenging market environment, these companies have continued to make remarkable…
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/ Business Organizations, Finance & Banking, International Law & Trade
When an executive learns that she is being investigated for fraud, her first reaction often is: “But I didn’t intend for anyone to lose money!” This entirely understandable response may well be true (and lead the executive to…
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/ Commercial Law & Contracts, Criminal Law, Government Contracting
Following an announcement by President Donald Trump on May 13, 2025, that he would order the cessation of US sanctions against Syria, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued General…
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/ Finance & Banking, International Law & Trade
The Federal Communications Commission (FCC) has released a notice of proposed rulemaking on control of FCC-regulated businesses by “foreign adversaries.” If the FCC adopts these rules, nearly every entity that is subject to FCC…
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/ Administrative Law, Communications & Media Law, International Law & Trade
On May 22, the House of Representatives passed proposed tax legislation titled, “The One, Big, Beautiful Bill” (TOBBB), which will now be debated in the Senate. Among other proposals, if enacted into law, TOBBB would make three…
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/ Taxation
As we await word as to who the next Corp Fin Director is, I thought it might be useful to investigate where these folks typically hail from. Below is an analysis of this list of Corp Fin Directors that I created long ago on…
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/ Administrative Law, Securities Law
President Donald Trump has repeatedly threatened to strip the tax-exempt status from colleges and universities. Most recently, on May 2, Trump announced in a social media post, “We are going to be taking away Harvard’s Tax…
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/ Constitutional Law, Education Law, Taxation