After a mistrial, a conviction and a successful appeal for a new trial, a New York man is behind bars for good. For nearly three decades, a fatal shooting left Atlantic City police puzzled. But in 2002, authorities finally located a suspect — New...
USDA's Rural Energy for America Program (REAP) is providing funding for rural small business owners and farmers to make energy efficiency improvements or to install energy systems and is currently accepting applications for assistance....
Can a foreign person exclude foreign-situs assets in determining insolvency exception to cancellation of indebtedness income? With the worldwide global default rate on corporate debt continuing to rise, a taxpayer’s ability to exclude cancellation...
Latham & Watkins co-hosted a senior level industry summit with ASIFMA in Hong Kong entitled "Maximizing Outcomes in Upcoming Restructurings." Latham & Watkins' partner David Heller shares insights from the summit....
On May 14, the Federal Railroad Administration (“FRA”) posted a reminder that Buy America, a domestic preference law, applies to the Railroad Rehabilitation and Improvement Financing (“RRIF”) program. FRA posted the reminder because many potential...
The Oklahoma Supreme Court has ruled that the Oklahoma income tax capital gains deduction is allowable and does not violate the Commerce Clause of the U.S. Constitution. The denial of the deduction to an out-of-state company had earlier been found...
Incumbent Governor Tom Corbett and Lieutenant Governor Jim Cawley both ran unopposed in the Republican primary. They will represent the GOP on the republican ticket in the fall....
A recurring theme in my recent Daily Journal publications has been the rough doctrinal fit between operation of Civil Code section 1717 and Code of Civil Procedure section 1021 and section 1032. Section 1717 has been interpreted to apply to actions...
It is not exactly a recall – but Johnson and Johnson (J&J) has removed from the market its Laparoscopic Power Morcellation, a medical device used to break uterine fibroids into little pieces using a cylindrical blade with a tube to extract the...
A former executive at a small town Texas bakery known for the big business it did in high-end mail-order fruitcakes has agreed to take a plea in a $16.6 million embezzlement case.
