Featured Stories

Why Private REITs Are Having A Moment

Investments in private real estate investment trusts are surging, and that trend may strengthen as state regulator... (more story)

3 Takeaways From Budget Law's Opportunity Zone Revamp

The federal opportunity zone program was significantly revamped under the sweeping tax and spending legislation th... (more story)

Strict Construction Rules Could Gut Solar, Wind Credits

The U.S. Treasury Department could severely weaken the availability of the solar and wind energy tax credits that ... (more story)

Federal More

Judge Won't Block Exela Ch. 11 Plan For Claims Dilution Suit

A Texas bankruptcy judge Thursday declined to stop automation technology group Exela from exiting Chapter 11 next week, but said he would condition the over $1 billion debt-for-equity swap plan's effectiveness... (more story)

Construction Co. Owner Arrested In $2.9M Payroll Tax Scheme

A New York City construction company owner was arrested on charges of failing to pay over $2.9 million in employment taxes and falsely claiming that his wife worked as one of his laborers, according to the U.S... (more story)

Rising Star: McDermott's Michael Bruno

Michael Bruno of McDermott Will & Emery LLP was tapped as lead tax counsel by two legendary athletes — Lionel Messi and Stephen Curry — for the rollouts of their respective beverage brands, earning him recogni... (more story)

Bets On Atty's Lien Biz Lost Millions, Investor Tells Jury

A seasoned investor told a Manhattan federal jury Thursday that he heavily backed a tax-lien fund controlled by a lawyer now accused of fraud, ultimately losing $2.9 million in supposedly low-risk bets where s... (more story)

Playing Baseball Makes Me A Better Lawyer

Playing baseball in college, and now Wiffle ball in a local league, has taught me that teamwork, mental endurance and emotional intelligence are not only important to success in the sport, but also to success ... (more story)

9th Circ. Revives Barrett Business Services' Secrets Case

The Ninth Circuit has reinstated Barrett Business Services Inc.'s claims of trade secret theft against two former employees, their wives and a competing company they started.

Fund Manager Drops Case Over NYC Tax ALJ Shortage

A New York fund manager that claimed in federal court that a shortage of administrative law judges in New York City's Tax Appeals Tribunal gave it no avenue for its assessment challenge has dropped the federal case.

State & Local More

Delta Air Owes Property Tax On Intangibles, Ore. Justices Say

Oregon's taxation of the intangible property of Delta Air Lines is constitutional, the state's Supreme Court ruled Thursday, agreeing with the state tax department and reversing a decision by the state tax court.

Businesses Must Not Overlook Local Tax Nexus, Pros Warn

Recent efforts by home-rule cities and other local jurisdictions to broaden their taxing authority and nexus rules may lead to complications for multijurisdictional businesses, practitioners cautioned Thursday.

NJ Attys Warn RICO Case Revival Would 'Chill' Lawyering

The New Jersey State Bar Association told a Garden State appellate court that lawyers across the state will be chilled from zealously advocating for their clients if it revives the state's racketeering indictm... (more story)

NC Urges 4th Circuit Not To Block Vape Regs During Appeal

North Carolina officials are urging the Fourth Circuit to deny a bid by vape interests to block enforcement of a new state vaping regulation while they appeal their case, saying the plaintiffs have already tri... (more story)

NJ Power Broker Blasts AG's Bid To Revive RICO Case

Garden State power broker George E. Norcross III on Wednesday urged a New Jersey appeals court to affirm the dismissal of the state's explosive racketeering indictment, arguing the trial court was right to tos... (more story)

Ohio Banking Brief: All The Notable Legal Updates In Q2

Ohio's financial services sector saw several significant developments in the second quarter of 2025, including a case that confirmed credit unions' setoff rights, another that established contract rights betwe... (more story)

Rising Star: Freshfields' Joe Soltis

Joe Soltis of Freshfields LLP has advised companies on several multibillion-dollar transactions, including Cencora's $4.6 billion acquisition of Retina Consultants of America, earning him a spot among the tax ... (more story)

Oregon Gov. Calls Special Session For Transportation Funds

Oregon lawmakers will convene a special legislative session to address transportation funding needs, the governor said, as they did not approve a package in the regular session.

Katten Welcomes Ex-Gibson Dunn Tax Pro In New York

Katten Muchin Rosenman LLP announced on Tuesday that it has added a former Gibson Dunn & Crutcher LLP of counsel to its transactional tax planning practice, noting her extensive experience in the finance space.

International More

How Cos. In China Can Tailor Compliance Amid FCPA Shifts

The U.S. Department of Justice’s recently updated Foreign Corrupt Practices Act enforcement guidelines create a fluid business environment for companies operating in China that will require a customized compli... (more story)

UK Payroll Co. Dodges £2.1M Penalty In VAT Fraud Case

A payroll company isn't liable for a penalty of £2.1 million ($2.8 million) and can claim a deduction on the £7.1 million in value-added tax that was lost to fraud by a missing trader, a Manchester tribunal ruled.

Trump Says US Has Reached 'Exciting' Trade Deal With Japan

President Donald Trump on Tuesday said the United States has entered into a "massive" trade deal with Japan under which Japan will "open their country to trade, including cars and trucks, rice and certain othe... (more story)

Trump Announces Framework For Indonesia Trade Deal

Indonesian goods entering the U.S. will face a 19% tariff beginning Aug. 1 as U.S. exports will benefit from a series of tariff reductions and removal of certain trade barriers by Indonesia, according to new d... (more story)

Senate Panel Approves Sidley Partner To Be Top Treasury Atty

The Senate Finance Committee approved President Donald Trump's nomination of a Sidley Austin LLP partner to be general counsel of the U.S. Department of the Treasury, sending his nomination to the full Senate ... (more story)

Archer & Greiner Lands Cullen And Dykman Tax Leader In NJ

Archer & Greiner PC has added the former leader of Cullen and Dykman LLP's tax department as a partner, who brings her expertise in mergers and acquisitions and other transactions to the firm. 

Rising Star: Kirkland's Devin Heckman

Devin Heckman of Kirkland & Ellis LLP has advised clients on the tax aspects of several multibillion-dollar acquisitions involving technology and healthcare companies, forging ongoing relationships and earning... (more story)