“Digital assets, including cryptocurrencies, have seen explosive growth in recent years, surpassing a $3 trillion market cap last November and up from $14 billion just five years prior. Surveys suggest that around 16 percent of adult Americans — approximately 40 million people — have invested in, traded, or used cryptocurrencies.” — White House Fact Sheet.
Nonconsensual third-party releases in bankruptcy are the hot topic of debate recently. Even though there is no provision of the Bankruptcy Code that expressly authorizes these releases, no Code provision prohibits them, either.
Hello, Commercial and Regulatory Law Committee members! As you might have noticed, our committee’s leadership has changed quite a bit, so we thought we would take a moment to introduce ourselves.
On October 27, 2021, at 12:00 noon EDT, the Commercial and Regulatory Law Committee hosted a webinar, “CFPB Mortgage Servicing Regulations and Their Effects on Bankruptcy: An Update.” The panelists discussed the background and scope of the latest mortgage-servicing regulations promulgated by the Consumer Financial Protection Bureau (CFPB), and how they impact your day-to-day ba
“One pill makes you larger
And one pill makes you small….”
— “White Rabbit” by Jefferson Airplane
For the Winter Leadership Conference, the topic of our committee’s panel, “Anatomy of a Pharmaceutical Bankruptcy Case,” was a collaboration of the Financial Advisors/Investment Bankers and the Commercial and Regulatory Law Committees. Moderator Jeff Garfinkle led panelists Hon.
From taxation to securities, the ownership and sale of Bitcoin and other cryptocurrency is subject to a complex patchwork of federal laws. Tax, securities, commodities and anti-money laundering regulations may apply to those who engage in cryptocurrency transactions as a consumer, business enterprise or investor.
Most restructuring lawyers see “tax” and immediately run for help from specialists down the hallway or maybe at other firms. That’s the right thing to do, and we tax lawyers appreciate the job security.
Interim managers are take-charge types with strong inclinations toward quickly assessing situations and developing and rapidly implementing solutions. Almost by definition, they are thrown into troubled companies and challenged to “turn things around” in short order. Often, this can mean taking tough measures, such as reducing staff through planned layoffs.
In 2016, 763 higher education institutions closed, the highest number since 2012. While primarily for-profit schools closed, independent not-for-profit (NFP) schools closed as well.
Ascribing reasons for the schools’ closures risks conclusion bias, but there are some macro trends to note:
Hosted by the Ethics and Professional Compensation and Commercial and Regulatory Law Committees Social media and privacy are areas of opportunity — and concern. Today’s law practice requires that care be taken in both areas. This panel will explore the impact of privacy and social media issues on security, ethics and compensation.
Labor Issues in 363 Sales: Things You Need to Know
Hospitality and the Tax Man: Historical Hospitality Tax Issues in Distress
Hemorrhaging Hospitals: Labor Issues in the Healthcare Insolvency E.R.
Tax-Sharing Agreements in Bankruptcy that Have Been the Subject of Recent Appeals Courts Decisions
The purpose of this call was to seek thoughts, suggestions, and assistance in setting and achieving new goals and objectives for the Committee. For example, they discussed ideas and topics for future newsletters, webinars, and educational sessions at ABI’s Winter Leadership Conference and Annual Spring Meeting. Additionally, the Committee discussed ideas for networking events and special projects for the Committee. Participating in future calls is a great way to get more involved!
Nutter McClennen & Fish, LLP
Texas Office of Attorney General
Sottile & Barile LLC
Dentons Bingham Greenebaum
Membership Relations Director
Barron & Newburger, P.C.
Markowitz, Ringel, Trusty + Hartog, P.A.
Special Projects Leader
Kramer Levin Naftalis & Frankel LLP
New York, NY