News

While not a day goes by without a new cybersecurity attack, the recent news of the Russian criminal gang who is alleged to have stolen over 1 billion user names and passwords as well as 500 million email addresses reinforces the great need for action...

Bermuda is a financial centre that is determined to grow, diversify, and improve upon the range and quality of the financial and professional services that it offers to its international clients. This goal is supported by a strong commitment by...

The New York State Department of Taxation and Finance has addressed one of the major issues in tax administration: defining the difference between “big” and “little” cigars. Tax Bulletin TP-530 (August 28, 2014). First, the Department has defined...

Just before the Labor Day holiday weekend, a client and reader of the blog asked me an even more fundamental question: do we have to provide employees with time off for holidays, whether with or without pay, or pay employees overtime or other...

Counterfeiting is the practice of manufacturing and/or selling goods, usually of inferior quality, under a brand name without the brand owner’s permission. The damage from counterfeiting is extensive and far-reaching and involves serious health and...

Last month, the Missouri Court of Appeals, Western District, held that a public university was not required to turn over copies of certain course materials, including course syllabi, in response to a public records request. The syllabi were the type...

Beth Macy's Factory Man (Little, Brown, 2014) is a great recounting of an untold piece of American business and manufacturing history. It begins in 1902, when John D. Bassett (called "Mr. J.D.") started Bassett Furniture in his front yard, using the...

On August 28, the CFPB announced that it will hold a field hearing on vehicle finance on September 18, 2014 in Indianapolis. Consistent with its past field hearing announcements, the CFPB did not reveal the specific topics to be addressed. The...

On July 11, 2014, the IRS released a Technical Advice Memorandum ("TAM") finding that a tax-exempt hospital's income from the performance of laboratory services for non-patients was not subject to the unrelated business income ("UBI") tax....

On August 22, 2014, the Texas Supreme Court ordered oral argument in In re: Magnum Hunter Resources Corp., a case concerning the discoverability of third-party trade secrets documents in civil cases. When should such documents be produced? And who...

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