In a survey of cases in federal, state and bankruptcy courts, commercial tenants seeking to delay or excuse the payment of rent because of pandemic-related downturns in business sometimes looked to the equitable doctrines of frustration of purpose and impossibility for relief.
Key Points - - Proposed taxes on mezzanine and preferred equity financing, and a tax on high-value second homes in New York City (commonly known as a “pied-à-terre” tax), were not included among the revenue-raising measures adopted by the New York State lawmakers in the final budget bill adopted
Key Takeaways - The South African Development Community meets today to discuss options to address violence in Mozambique. Rising COVID-19 cases in India, Thailand and South Korea are casting a shadow in Asia’s quick economic rebound from the pandemic.
COVID-19 vaccines are becoming increasingly available across the United States, and businesses across the country are preparing to return to the office.
The American Rescue Plan Act of 2021 (ARPA) provides a 100% federal subsidy of COBRA premiums from April 1, 2021, through September 30, 2021, for certain COBRA participants known as Assistance Eligible Individuals (AEIs).
Final Committee Deadline - Today marks the final committee deadline—the day when all omnibus finance bills must pass out of committee and advance to the House Ways and Means Committee or the Senate Finance Committee.
With the current administration and composition of Congress, the short answer is “yes.” Senator Bernie Sanders introduced proposed tax reform legislation on March 25th, which would make major changes to the current estate and gift tax rules....
Among many challenges brought about by COVID-19, changing community needs have illuminated growing underutilization and vacancy among commercial buildings.
Saudi Arabia has adopted a new law governing public private partnerships (PPPs) (the Privatisation Law), which will enter into force 120 days after its publication in the Official Gazette. ... By: Dentons
