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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
January 17, 2023 | National Law Journal

SCOTUS Debates Future of Money-Laundering Charges Against Halkbank

Williams & Connolly attorney Lisa Blatt, who represented the Turkish state-owned bank, said "50 states, all counties and any city that has prosecution authority would all of a sudden have jurisdiction to prosecute any country and the executive branch couldn't do anything about it."
6 minute read
January 17, 2023 | The American Lawyer

Wilmer Hires Former New York Fed Deputy GC

Yoon Hi Greene joins the firm's financial institutions group after 23 years at the Federal Reserve Bank of New York.
3 minute read
January 12, 2023 | New Jersey Law Journal

U.S. Department of Treasury Adopts Final Rule on Beneficial Ownership Reporting Requirements Under the Corporate Transparency Act

It is important that all reporting companies and their counsel begin to identify the parties about whom a filing must be made and to collect the necessary information on an ongoing basis to timely make required filings under the CTA.
19 minute read
January 03, 2023 | Daily Business Review

Big Law Clients Take $440M LIBERTAD Act Hit That Could Chill Investment in Cuba

The ruling could have a chilling effect on businesses seeking to expand to Cuba, particularly because insurers could legally deny coverage under LIBERTAD Act violations.
4 minute read

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