News

Ohio Man Awaits Sentencing For Involvement In Multi-Million Dollar Ponzi Scheme

By EsqSocial Corporation 19/05/14

The sociologist Edwin Sutherland originally coined the phrase white-collar crime while attempting to understand and classify criminals of high status and respectability. Today, white-collar crime generally refers to fraud and theft in the business...

IRS Proposes Guidance on Real Property Definition for REIT Purposes

By EsqSocial Corporation 19/05/14

Proposed regulations establish analytical framework for determining whether assets qualify as real property for purposes of the REIT rules. On May 14, 2014, the Internal Revenue Service (IRS) published in the Federal Register proposed regulations...

US criminally charges Chinese military officials with cyberspying

By EsqSocial Corporation 19/05/14

Updated: Attorney General Eric Holder has announced an indictment accusing five Chinese military officials of directing a conspiracy to hack into U.S. companies.

Gambling (Licensing & Advertising) Act 2014 gets Royal Assent

By EsqSocial Corporation 19/05/14

The Gambling (Licensing & Advertising) Bill received Royal Assent on 14 May 2014. The final version of the Gambling (Licensing & Advertising) Act 2014 (the “Act”) is available here (see full article). The Gambling Commission has published a further...

Court Declares Parties Are Over-Litigating the Case and Orders Parties to Reduce Disputed Jury Instructions or Face Reduced Trial Time Based on Reasonableness of Proposed Disputed Instructions

By EsqSocial Corporation 19/05/14

In this patent infringement action, the district court concluded that the parties were over-litigating the case and matters were only getting worse as trial got closer. "The Court's previously stated concern that the parties are over-litigating this...

Is More Always Better? Are Multiple Forms of General Security Agreement Necessary in Every Cross-Border Financing?

By EsqSocial Corporation 19/05/14

U.S. and Canadian Forms of General Security Agreement. It is not uncommon in cross-border financing transactions to have multiple U.S. and Canadian entities as borrowers or guarantors. In these transactions, there are often two forms of general...

50 for 50: Five Decades of the Most Important Discrimination Law Developments - Number 6: In 1967, Congress Prohibits Age Discrimination

By EsqSocial Corporation 19/05/14

The 1964 enactment of Title VII was a watershed moment in workplace civil rights, but the new law was selective in its protections. Workers were protected from discrimination based on race, sex and religion, for example, but not age. Congress...

IRS Regulation Of Tax Return Preparers Is Dead (For Now)

By EsqSocial Corporation 19/05/14

In 2011, the IRS sought to regulate tax return preparers, and issued regulations that required “registered tax return preparers” to pass a competency test, a tax compliance check, and a suitability check. They would also have to complete 15 hours of...

Inventors Take Note: Supreme Court to Decide How Ambiguous is Too Ambiguous for Patents

By EsqSocial Corporation 19/05/14

In a case argued in April, Nautilus v. Biosig Instruments, the U.S. Supreme Court is being asked to decide the question “how ambiguous can a patent claim be before it is invalid?” Regardless of the Court’s decision, the case highlights the need for...

FBAR Filing Deadline Approaching

By EsqSocial Corporation 19/05/14

Reports Due by the End of June - Every U.S. person that had a financial interest in, or signature or other authority over, a foreign financial account during 2013 must electronically file with the U.S. Treasury Department a Financial Crimes...

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