A historic change in New York competition law is potentially on the horizon: entering into non-compete agreements may become unlawful.…
Fifth Circuit Enjoins U.S. DOL’s “80/20/30” Rule for Tip Credit Wages
On April 28, 2023, the U.S. Court of Appeals for the Fifth Circuit reversed a decision by the Western District…
Client Alert – The Made in America Tax Plan – April 1, 2021
On March 31, President Biden announced “The Made In American Tax Plan” (the “Biden Tax Plan”) to fix the corporate…
Client Alert: Carried Interest Regulations Finalized – January 25, 2021
Section 1061 of the Internal Revenue Code generally recharacterizes long-term capital gains attributable to certain carried interests (“applicable partnership interests”…
Client Alert: Beware of Payment Instructions over Email – January 11, 2021
We have been seeing a growing trend of a criminal cyber-fraud scheme affecting large and small businesses, individuals and banks,…
Client Alert: New York Sales Tax Guidance Clarifies Treatment of Digital Marketing Services – January 8, 2021
In 2020, amidst the pandemic, New York‘s Department of Taxation and Finance issued three advisory opinions that addressed sales tax…
Client Alert: SEC Proposes Limited Broker Registration Exemption for Two Classes of “Finders”
On October 7, 2020, the Securities and Exchange Commission voted to propose a new limited, conditional exemption from the broker…
Client Alert: SEC Expands Definition of Accredited Investor
On August 26, 2020, the Securities and Exchange Commission (“SEC”) updated the definitions of “accredited investor” and of “qualified institutional…
Client Alert: Proposed Regulations On Carried Interests Would Impact Many Fund Managers – August 6, 2020
The IRS issued proposed regulations on July 31, 2020 to provide guidance that would impact many investment fund and hedge…
Client Alert: Essential State Planning Documents July 15, 2020
Lately we have been getting calls from existing clients and new clients asking if their estate planning documents need to…