News

IRS Issues Significant Convertible Virtual Currency Ruling – Bitcoin Community Abuzz

By EsqSocial Corporation 28/03/14

The IRS has issued its first major ruling on the U.S. federal tax implications of transactions in, or transactions that use, Bitcoin and other convertible virtual currencies. The ruling stresses that it relates to convertible virtual currencies....

[LinkedIn] Retiring Products & Services Tab, But It’s OK

By EsqSocial Corporation 28/03/14

I have to admit, I was initially bummed when LinkedIn announced they will be retiring the Products and Services tab from Company Pages. Our company page has almost become a mini product website. We’ll still be able to edit the information that lives...

P.S. v. Ontario: Ontario Court of Appeal Clarifies When Intervention Should be Granted in Constitutional Cases

By EsqSocial Corporation 28/03/14

Constitutional cases usually have implications that go beyond the immediate dispute between the parties. Appeals in such cases thus frequently attract the interest of interveners. But when can an intervener truly add a new perspective? And when...

ESMA Updates Q&A on EMIR Implementation

By EsqSocial Corporation 28/03/14

On March 20, ESMA published an updated version of its questions and answers document (Q&A) on the implementation of EMIR (the Regulation on over-the-counter (OTC) derivatives, central counterparties (CCPs) and trade repositories (TRs)) (Regulation...

Elliot Kaye Nominated as New Chairman of the CPSC

By EsqSocial Corporation 28/03/14

The long awaited announcement of a new CPSC Chairman is finally here. After more than a year of speculation and intrigue, the search ended right where it started today when President Obama announced that Elliot Kaye is his nominee to become the next...

Luxembourg AIFMD Transposition – Where Are We Now?

By EsqSocial Corporation 28/03/14

As previously reported in Dechert's Fourth Quarter 2013 Financial Services Quarterly Report and DechertOnPoint, Luxembourg Law Transposing the AIFMD Passed by Luxembourg Parliament, Luxembourg’s transposition of the AIFMD into Luxembourg law by the...

Crowdfunding and Other New Prospectus Exemptions Proposed by the Ontario Securities Commission

By EsqSocial Corporation 28/03/14

On March 20, 2014, the Ontario Securities Commission (OSC) published for public comment four new prospectus exemptions intended to facilitate capital raising while maintaining investor protection. The proposed exemptions are......

Regional Director to Northwestern Football Players: Go Forth and Vote!

By EsqSocial Corporation 28/03/14

In a move that has surprised many, but not all, NLRB-watchers and collegiate football fans, Chicago-area NLRB Regional Director Peter Sung Ohr has determined that Northwestern University football players who receive grant-in-aid are employees of the...

Smart Phone Technology and Exports

By EsqSocial Corporation 28/03/14

Export controls and the International Traffic in Arms Regulations (ITAR) have hit the big leagues. Even NPR’s Martin Kaste is covering it! I think such coverage is great because outside of the University research communities not everyone has gotten...

How Will The Courts Interpret This?

By EsqSocial Corporation 28/03/14

I recently commented on the awkwardness of Subdivisions (a) and (b) Corporations Code Section 17703.04 that seemingly are intended to establish that the members of an LLC aren’t liable qua members for the obligations of the LLC. The statute also...

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