In recent years, state and local governments have become more proactive in pursuing additional revenue through stricter application of their tax laws. Additionally, revenue authorities have also significantly widened their search for new revenues. These have made taxpayers grapple with problems and lawsuits at the audit and novel roles.
Effectively Manage KYC Compliance: Keep Up with the Times by Getting Back to Basics
jordan2021-08-19T10:22:48-04:00Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations have evidently evolved with the onset of the pandemic. With several authorities reconsidering their existing laws in response to the increasing criminal activities and emerging risks, the AML/KYC regulatory landscape and its already intricate compliance environment have become more active and complex than ever.
What’s New for the Telephone Consumer Protection Act (TCPA): Addressing Risks to Ensure Compliance
John Patrick2021-08-04T22:00:43-04:00The Telephone Consumer Protection Act (TCPA) landscape continues to evolve because of recent regulatory revamps. Recently, the Federal Communications Commission (FCC) released a Report and Order to update several TCPA exemptions. The Report and Order codifies existing exemptions for calls to wireless numbers and revises certain TCPA exemptions for calls made to residential telephone lines.
What’s In and What’s Out for the Antitrust Landscape: Hot Buttons Under the Biden Administration
jordan2021-08-30T01:13:16-04:00The antitrust law landscape is expected to be significantly altered under the new administration, particularly in light of the changes in the business landscape due to COVID-19. Among the key factors that companies must be aware of include changes to the focus of the Department of Justice (DOJ) and the Federal Trade Commission’s (FTC) approach in combating consolidation and monopoly power, most notably in the area of high tech antitrust.
Trade Secret Misappropriation: What You Should Know and Do
Ahmed Zidan2022-12-05T22:48:44-05:00The year 2020 has seen an upsurge in the number of disputes and investigations concerning trade secret misappropriation, and this is expected to continue in 2021. Currently, a significant number of Federal Bureau of Investigation (FBI) investigations revolve around "Chinese technology theft," which are done either by using insiders or any cyber means. Further complicating the trade secret protection landscape is the new risks posed by the recent shift of companies to remote work.
Intellectual Property Issues in Government Contracts: What You Should Know and Do
John Patrick2022-12-06T00:05:32-05:00Over the past years, the government contracts landscape has been an avenue for a myriad of intellectual property (IP) issues and disputes. Due to the increasing pressure during contract performance and contract awarding, contractors grapple when negotiating IP rights putting them at risk.
A Comprehensive Guide in Handling Medical Malpractice Claim: What You Should Know
jasper.alamares2022-12-06T00:22:24-05:00While healthcare professionals grapple to save lives in the midst of the pandemic, medical malpractice lawsuits have also evidently increased. According to experts, the growing number of malpractice cases implies the pressure that hospitals are facing due to the current health crisis. The year 2020 has significantly reshaped the medical negligence arena and more changes are expected to come this 2021 and beyond.
Data Governance and Your Business: Demystifying the Hows and Whys
John Patrick2022-12-06T00:46:07-05:00Data governance is a crucial tool to ensure proper management and protection of data assets within an organization. It establishes precise methods to standardize business procedures, creates clear internal rules for changing processes, helps ensure risk management and optimization, and supports compliance with privacy and security regulations.
Trends and Updates in UCC Secured Transactions: Tips and Tactics Explored
Ahmed Zidan2022-12-06T01:02:02-05:00Through the years, the Uniform Commercial Code (UCC) Article 9 has been a significant help for borrowers and creditors through its governing guidelines on secured transactions. These guidelines regulate the security interests of creditors, who are given the chance to repossess a borrower’s secured property as a collateral to the outstanding debt. However, securing collateral has become a challenge in this evolving regulatory paradigm.
Trends and Developments in Private Funds Regulation: What You Must Know and Do
Ahmed Zidan2022-12-06T01:39:50-05:00In recent years, the private fund industry has experienced massive growth which has significantly outnumbered public equities. More notably, private equity funds continue to foster and diversify into credit, leasing, real estate, and infrastructure investments among others making private equity firms enter the year with expectations of increased transaction volumes. However, as the industry maintains its upward trend, several complexities begin to emerge such as increased litigation risks and regulatory scrutiny.
Litigating Fiduciary Duty Claims: Winning Strategies Explored
Ahmed Zidan2022-12-06T02:24:28-05:00Breach of fiduciary duty lawsuits have been continuously penetrating the business litigation landscape. With claims ranging from theft and self-dealing to usurpation of corporate opportunity, cases can involve partners, shareholders, or creditors.
Litigation Finance on the Rise: Demystifying Trends, Opportunities, and Best Practices
John Patrick2022-12-06T02:40:04-05:00Litigation finance continues to rise and become a substantial financing tool for everyone today. Because law firms and corporate clients greatly suffered from liquidity constraints and unstable balance sheets brought by the pandemic, they have begun looking for alternative ways to finance legal disputes by engaging with litigation funders. Notably, the increased access to litigation finance has offered considerable advantages and has been widely recognized by bar associations and courts.
How to Deal with Mental Health and Substance Use Issues: Practical Tips and Strategies Lawyers Need to Consider
TKG2021-06-24T01:41:40-04:00Mental well-being is crucial in the legal profession. However, a recently conducted study showed that a huge number of lawyers suffer from depression, anxiety disorder, and problematic drinking. Mental health and substance use issues also occur at a higher rate in the legal industry which is commonly linked to chronic stress and burnout brought by heavy workloads, client issues, and toxic working environment.
Antidumping and Countervailing Duties: Ensuring Compliance While Mitigating Risks
TKG2021-12-23T03:46:41-05:00The enforcement and compliance landscapes for antidumping and countervailing duties continue to heighten as the number of cases and petitions filed against foreign importers continues to grow. Key issues include the U.S. Customs and Border Protection’s (CBP) increased number of requests for information and notice of actions to foreign importers, the potential expansion of Enforce and Protect Act (EAPA) authority to deter AD/CVD evasion as well as other foreign trade concerns.
SEC’s Heightened Enforcement: Exploring Practical Compliance Tips and Strategies
TKG2021-12-23T03:48:10-05:00The securities law landscape continues to evolve as new regulatory developments emerge. Recently, under the direction of its new Chair, the Securities and Exchange Commission’s (SEC) has been messaging the priorities of its enforcement program, including renewed focus across the agency related to climate change disclosures, cybersecurity, and financial innovation.