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February 23, 2023 | National Law Journal

Freshfields, Allen & Overy Among Firms Owed $4M Following Collapse of Russian Bank VTB

Several prominent law firms are owed large sums of money following the administration of the U.K. arm of the Russian state-owned bank.
3 minute read
February 22, 2023 | Law.com

The Talent War Is Over (For Some, at Least): The Morning Minute

The news and analysis you need to start your day.
4 minute read
February 21, 2023 | National Law Journal

Potential Major Shifts in Regulation of US Outbound Investments Keep Law Firms and Their Clients Guessing

A forthcoming executive order is expected to define new guidelines for investments in countries viewed as strategic competitors. The devil of these new regulatory measures will be in the details.
4 minute read
February 14, 2023 | National Law Journal

Tax Attorney David Foster's Move to Kirkland Marks Reaction to Better-Resourced IRS

"Even those of us who engage in controversies with the agency for a living prefer a well-resourced IRS to provide adequate services to taxpayers," said new Kirkland & Ellis hire David Foster.
3 minute read
February 12, 2023 | New Jersey Law Journal

New Jersey Tax Inequity Remains Unfixed

We agree with Sen. Shirley Turner: "The fact that our state treats certain retirement plans differently for tax purposes is not only confusing, it is unfair for educators and not-for-profit employees who are heavily impacted by this disparity."
4 minute read
February 07, 2023 | Supreme Court Brief

Supreme Court Brief: Big Law Joins Student Loan Relief Fight | Plus: Domestic Violence and Guns

Latham & Watkins, Troutman Pepper, Skadden and Dechert are among the major law firms that have authored amicus briefs for the test of executive authority in granting loan relief.
9 minute read
January 23, 2023 | New York Law Journal

Can There Be Law Without People?

In his Blockchain Law column, Robert Schwinger takes a deep dive into the issue of legal responsibility when dealing with "smart contracts." He concludes: "Smart contracts are not simply a feature of nature that one might encounter as one might a volcano or a raging river. Humans create them, and humans make choices about interacting with them."
20 minute read
January 23, 2023 | National Law Journal

Crowell Picks Up OFAC Chief Counsel Amid 'Explosion' of International Trade Regulation

Jason Prince has transitioned back to private practice at Crowell & Moring, ahead of an anticipated increase in cross-border investigations and enforcement actions in sanctions and export control.
3 minute read
January 18, 2023 | Daily Business Review

Weak US Retail Sales, Factory Data Heighten Recession Concerns

The retail sales report can be difficult to draw concrete conclusions from since the data aren't adjusted for inflation and mostly only capture spending on goods.
4 minute read
January 18, 2023 | Supreme Court Brief

Halkbank's Immunity Up for Debate | Tuesday Orders List | Is SCOTUS Majority 'Off the Rails'?

Lisa Blatt of Williams & Connolly argued the the Department of Justice had gone too far in trying to hold the nation of Turkey, via Halkbank, responsible for the alleged crimes.
7 minute read

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