On April 15, 2019, the New Jersey Bureau of Securities, within the Division of Consumer Affairs, proposed a new state-level rule requiring all registered financial services professionals to act in …
California Law Requiring Public Companies to Include Women on Board of Directors
Please find below an overview of California Senate Bill 826 (the “Bill”) which requires publicly held domestic and foreign corporation with principal executive offices located in California to include …
Will The Murky Marijuana Banking Picture Finally Get Clearer?
Federal Reserve Chairman Jerome Powell, while testifying before Congress yesterday, Tuesday, February 26, 2019, explicitly acknowledged the uncertainty and tension surrounding the access of a company …
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Client Alert: U.S. Senate and House of Representatives Approve 2018 Farm Bill
The long-awaited resurgence of the Agriculture Improvement Act of 2018, colloquially referred to as the 2018 Farm Bill, became more promising yesterday as its latest iteration received overwhelming …
California’s New Commercial Financing Disclosure Legislation
Introduction On August 31, 2018, the California State Senate passed novel legislation, Senate Bill 1235, which requires new disclosures for certain commercial financing, such as loans, factoring …
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Under new tax law, sales by foreign partners of U.S. partnership interests are once again taxable.
In an August 2017 posting we reported that the U.S. Tax Court had held that, notwithstanding an IRS revenue ruling to the contrary, the sale by a foreign partner of his interest in a U.S. partnership …