In his Real Estate Securities column, Peter Fass discusses the IRS’s proposed regulations which provide guidance on the interest deduction limitation rules under §163(j).
Asbestos personal injury claims often are brought many years after the harmful exposure, so it is not surprising that plaintiffs sometimes seek to prove the source of the asbestos through testimony from past cases. CPLR 3117(a)(3) allows use of prior deposition testimony under stated circumstances. In his New York Practice columns, Thomas F. Gleason discusses a recent appeal decided by a divided Third Department in which the majority and dissenters address nuances in such permitted use.
The New York Office of Attorney General is battling one of the largest global cryptocurrency exchanges and one of the most prominent “stablecoin” issuers in a proceeding that may test the limits of the OAG’s expansive authority to prosecute securities and commodities fraud under the Martin Act.
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