IRS and Treasury Publish New Rules Regarding Payments of Synthetic Dividends by Ropes & Gray LLP on 2/6/2012 On January 23, 2012, the IRS and the Treasury Department published temporary and proposed regulations under Section 871(m) of the Internal Revenue Code. The regulations implement the tax and withholding regime applicable...more
Many Happy (Consolidated) Returns or ‘Til “DIT” Do Us Part? Final Treasury Regulations Address Intercompany Items of Gain on... by Sutherland Asbill & Brennan LLP on 3/4/2011 On March 3, 2011, the Internal Revenue Service and Treasury issued final Treasury regulations that amend Treasury Regulation § 1.1502-13 with respect to the treatment of certain intercompany items of gain from transactions...more
Washington Supreme Court Recasts the Economic Loss Rule to Allow Third Party Tort Claims Against Design Professionals by Lane Powell PC - Construction Law on 11/10/2010 A sharply divided Washington Supreme Court has held that an engineering firm owes a "duty of reasonable care encompassing safety risks of physical damage" to a party not in privity with the engineering firm. The decision in...more
Have law blogs failed to live up to their expectations? by Adrian Dayton on 9/27/2010 Do law blogs work? This article interviews dozens of law firms to find out whether or not the law blogs have been worth the investment of time, energy and money. From AmLaw 100 firms like Skadden to smaller firms just...more
Rogers Towers: Lender’s Protection When Foreclosing on Contaminated Property by Rogers Towers on 4/21/2010 Lenders often hold an “indicia of title” on property as a security interest for a loan. If the buyer has defaulted on the loan and contamination exists on the property, the decision to foreclose can be difficult. However,...more