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October 18, 2023 | New York Law Journal

'Hyatt Hotels': Are Omissions From Gross Income an Accounting Method?

'Hyatt Hotels v. Commissioner' underscores that even an approach to accounting for income and expenses that has been applied consistently by a taxpayer over many years is not necessarily a "method of accounting" subject to the government's broad power to impose adjustments under Section 481(a).
10 minute read
October 11, 2023 | Texas Lawyer

REVERSED: $3.2M Award Undone Amid Lengthy Dissent Over Stray Cow

The trial court found Victor Ybarra's testimony uncredible; the testimony of an interested witness raises a fact issue, and whether to credit that testimony is a question for the factfinder, Justice Gordon Goodman noted in his dissent.
5 minute read
October 03, 2023 | New York Law Journal

Litigation Department of the Year, Insurance: Simpson Thacher & Bartlett

"A hallmark of our litigation department is our ability to blend our collaborative nature and collective expertise to the benefit of clients."
4 minute read
September 29, 2023 | New York Law Journal

In-House Impact Award: Travelers Legal Services

Our advocacy strategy with legislative bodies and administrative agencies has been successful in protecting the industry—and consumers—from burdensome rulemaking and legislation.
2 minute read
September 28, 2023 | Insurance Coverage Law Center

Pa. Supreme Court Evaluates Punitive Damages Exposure In Insurance Bad Faith Cases

While it is well known that an insured has a clear and convincing standard of proving bad faith in order to recover such damages, it is lesser recognized that an insured does not have to prove outrageous conduct or evil motive to prove entitlement to punitive damages.
6 minute read
September 28, 2023 | The Legal Intelligencer

Pa. Supreme Court Evaluates Constitutional Parameters of a Jury's Punitive Damage Award

While it is well known that an insured has a clear and convincing standard of proving bad faith in order to recover such damages, it is lesser recognized that an insured does not have to prove outrageous conduct or evil motive to prove entitlement to punitive damages.
6 minute read
September 22, 2023 | Texas Lawyer

Bad Day for Plaintiff: $32.5M Houston Verdict on Counterclaims

"What we proved was they quit. The amount of cost to finish the project was more than anything they were due because of defective work," AZA Law partner Shahmeer Halepota said.
4 minute read
September 22, 2023 | Law.com

The Flight to Quality and Workplace Experience

That the pace of change is "accelerating" is surely an understatement. What seemed almost a near certainty a year ago — that law firms would fully and permanently embrace work-from-home — is experiencing a seeming reversal. While many firms have, in fact, embraced hybrid operations, the meaning of hybrid has evolved from "office optional," to an average required 2 days a week, to now many firms coming out with four-day work week mandates — this time, with teeth.
7 minute read
September 19, 2023 | Daily Business Review

Florida Defends Immigration Law

The case centers on part of a broader immigration law that threatens felony charges for people who transport an immigrant who "entered the United States in violation of law and has not been inspected by the federal government since his or her unlawful entry."
4 minute read
September 18, 2023 | Corporate Counsel

Former Molson Coors GC Takes Legal Reins at Hilton

"I am honored to be joining Hilton, a company I have long respected for its history, innovation and award-winning workplace culture," said Anne-Marie D'Angelo, who started Friday as general counsel.
3 minute read

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