Over the past years, multiple states have enacted and amended laws against unfair competition. However, the push to widen the scope of banning restrictive covenants and non-compete agreements raises concerns among employers, especially in protecting important company assets and trade secrets.
In the face of a global pandemic, bankruptcy mechanisms have become increasingly relevant. With the spike of COVID-19-related business bankruptcy filings, post-confirmation liquidation and litigation trusts have been utilized more frequently. However, the role of these methods in the resolution of Chapter 11 bankruptcy cases also highlights the need for an in-depth understanding
The Biden administration has drafted several tax proposals as part of its “Build Back Better” plan and among the most notable policy priorities include an increased tax responsibility for larger corporations. To alleviate this anticipated additional tax burden, leveraging their research and development (R&D) tax credits should be considered. However, the recently released tax proposals do not include any R&D-related changes or development details, posing an open question on the new administration’s plan for R&D investments.
