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Federal
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July 24, 2026
Trump's Latest Canada Tariffs Could Be More Than Bluster
President Donald Trump's proposed 50% tariffs on select Canadian imports could be a negotiation tactic, but given the ongoing tension between the U.S. and Canada, trade lawyers are bracing for the possibility those measures will be implemented and lead to further escalation.
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July 24, 2026
Forced Labor Tariffs Are Another Illegal Global Regime, Cos. Say
President Donald Trump's latest tariff covering most imports to the U.S. is yet another instance of the president attempting to establish an illegal global tariff regime, a pair of companies told the U.S. Court of International Trade on Friday.
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July 24, 2026
Goldstein Gets 6-Year Sentence, Bond Revoked
Thomas Goldstein, the famed U.S. Supreme Court attorney and founder of SCOTUSblog whose turn into the world of ultra-high-stakes poker ultimately landed him federal tax and mortgage fraud convictions, was sentenced to six years in prison; he was taken into custody and out of court in handcuffs Friday.
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July 24, 2026
Taxation With Representation: Kleinberg Kaplan, Baker Botts
In this week's Taxation With Representation, Brookfield Asset Management acquires Aypa Power from funds managed by Blackstone Energy Transition Partners, Brookfield and Canada Pension Plan Investment Board buy LXP Industrial Trust, and Novagold Resources Inc. and Paulson Advisers LLC agree to give Novagold full ownership of Donlin Gold LLC.
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July 24, 2026
World Cup National Bodies Get IRS Filing Requirement Waived
The Internal Revenue Service will waive a filing requirement for tax-exempt national soccer associations that participated in this year's FIFA World Cup if they lack income connected to the U.S. other than prize money, the agency said Friday.
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July 24, 2026
DOL E-Delivery Push Pleases Mgmt. And Worker Attys Alike
Recently proposed U.S. Department of Labor regulations that would encourage e-delivery of employee health plan documents are winning plaudits from both sides of the benefits bar for potentially streamlining the process and augmenting online transparency. Here are three things to know about the DOL's proposal.
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July 24, 2026
Weekly Internal Revenue Bulletin
The Internal Revenue Service's weekly bulletin, released Thursday, included final rules designating certain charitable remainder annuity trusts as reportable transactions because they involve abusive tax avoidance practices.
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July 23, 2026
TGI Fridays Wins Confirmation Of Liquidating Ch. 11 Plan
The casual dining chain TGI Friday's Inc. on Thursday won approval of its Chapter 11 liquidation plan to offload its remaining assets and eventually distribute them through a trust, after creditors voted overwhelmingly in favor of the plan.
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July 23, 2026
Staffing Co. Pushes For COVID-Era Employee Credit Refund
A staffing and recruiting company asked a Texas federal court for an employee retention tax credit refund of nearly $570,000, which the company said it timely claimed but remains unpaid by the IRS.
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July 23, 2026
US To Impose Widespread Tariffs As Temporary Duties Expire
Tariffs covering most imports into the U.S. at 10% and 12.5% will take effect Friday as President Donald Trump's temporary global duty expires, the Office of the U.S. Trade Representative announced Thursday.
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July 23, 2026
Kate Hudson Activewear Customer Drops Tariff Refund Claim
A customer of Kate Hudson's activewear business Fabletics has dropped her claim for refunds of global tariffs she alleged the actress's company passed on to customers before the U.S. Supreme Court found them illegal.
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July 23, 2026
Senate Finance Committee Clears 4 Trump Treasury Picks
The Senate Finance Committee approved President Donald Trump's picks for four top positions at the U.S. Treasury Department in a series of party-line votes Thursday, sending their nominations to the full Senate.
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July 23, 2026
USTR Sets Large Canadian Tariff Quotas For Sugar Products
The U.S. will allocate a large portion of its fiscal 2027 tariff rate quotas for refined sugar products and certain sugar-containing goods to Canada, according to a notice published Wednesday by the office of the U.S. Trade Representative.
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July 23, 2026
Biz Group Urges OECD To Clarify Transfer Pricing Updates
The Organization for Economic Cooperation and Development should clarify aspects of its guidelines for pricing intragroup services across borders, according to the National Foreign Trade Council, which said clearer guidance could reduce inconsistent applications among tax authorities.
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July 22, 2026
Ga. Partnership Defends $53.9M Deduction In Easement Case
A Georgia partnership told the U.S. Tax Court that the IRS erred in denying its $53.9 million deduction for 243 acres donated to a conservation group in 2021, citing an exploration report that said the land contained at least 53 million tons of granite.
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July 22, 2026
House Panel OKs Limits, Reporting For Tax-Exempt Orgs
The House Ways and Means Committee passed several bills Wednesday that would impose limits and reporting requirements on tax-exempt organizations, including legislation to require those organizations to report the amount of donations they receive from foreign nationals.
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July 22, 2026
Keep Liberty Global's Loss In $2.4B Tax Row, 10th Circ. Told
The Tenth Circuit shouldn't allow telecommunications giant Liberty Global to rehash its defense of "economically meaningless" transactions that formed a tax avoidance strategy producing a $2.4 billion deduction correctly rejected by the IRS, the government said Wednesday.
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July 22, 2026
Coffee Co. Says Acquired Biz's Founder Hid Tax Designation
The founder of a Colorado coffee equipment provider induced a California coffee equipment manufacturer and its president to acquire the company by hiding its true tax designation on a loan application, the companies and the president allege in a complaint in Colorado state court.
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July 22, 2026
Feds Ask Wash. Judge To Back Canadian's $700K FBAR Fines
A Canadian man living in the United States should remain on the hook for more than $700,000 in penalties for failing to report foreign bank accounts, the U.S. government told a Washington federal court, arguing he willfully disregarded disclosure requirements.
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July 22, 2026
Bipartisan Bill Would Tax And Regulate Hemp THC Products
Members of Congress on Wednesday unveiled a bipartisan bill to legalize, regulate and tax the manufacture and sale of hemp-derived cannabinoid products, while a federal ban on virtually all consumable hemp products is still due to take effect in less than four months.
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July 22, 2026
Dem. Lawmakers Aim To Curb Retirement Account Tax Abuse
Congress would impose limits on taxpayers with tax-preferred retirement account balances that exceed $10 million, under legislation announced by the top Democratic tax writers in the Senate and House on Wednesday.
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July 22, 2026
Ga. Partnership Disputes Denial Of $6M Easement Deduction
The Internal Revenue Service improperly denied a Georgia partnership a $6 million charitable contribution deduction it claimed for the donation of a conservation easement, the partnership told the U.S. Tax Court, disputing the agency's assertion of an income tax underpayment and penalties.
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July 22, 2026
Senate Dems Seek Probe Of Possible IRS Audit Interference
Senate Democrats called for an investigation into whether officials in President Donald Trump's administration are violating federal laws that bar political influence over federal tax audits, citing news media reports that a top Treasury Department tax official was pushed out after flagging potential violations.
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July 22, 2026
Trump's Expiring Global Tariff Is Valid, US Tells Fed. Circ.
President Donald Trump's temporary global tariff is lawfully authorized under a statute allowing the executive branch to address serious balance-of-payment deficits, a term that can easily be construed to include the economic conditions referenced in the implementing order, the government told the Federal Circuit.
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July 22, 2026
DOL Asset Manager Exemption Proposal Sent To White House
The U.S. Department of Labor's employee benefits subagency transmitted a proposal affecting a popular exemption to strict prohibitions on many types of transactions involving federally regulated benefit plans to a White House office for review, teeing up the regulation for release.
Expert Analysis
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Considerations When Invoking The Common-Interest Privilege
To successfully leverage the common-interest doctrine in a multiparty transaction or complex litigation, practitioners should be able to demonstrate that the parties intended for it to apply, that an underlying privilege like attorney-client has attached, and guard against disclosures that could waive privilege and defeat its purpose, say attorneys at DLA Piper.
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The Law Firm Merger Diaries: Making The Case To Combine
When making the decision to merge, law firm leaders must factor in strategic alignment, cultural compatibility and leadership commitment in order to build a compelling case for combining firms to achieve shared goals and long-term success, says Kevin McLaughlin at UB Greensfelder.
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What To Watch As NY LLC Transparency Act Is Stuck In Limbo
Just about a month before it's set to take effect, the status of the New York LLC Transparency Act remains murky because of a pending amendment and the lack of recent regulatory attention in New York, but business owners should at least prepare for the possibility of having to comply, says Jonathan Wilson at Buchalter.
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Despite Deputy AG Remarks, DOJ Can't Sideline DC Bar
Deputy Attorney General Todd Blanche’s recent suggestion that the D.C. Bar would be prevented from reviewing misconduct complaints about U.S. Department of Justice attorneys runs contrary to federal statutes, local rules and decades of case law, and sends the troubling message that federal prosecutors are subject to different rules, say attorneys at HWG.
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8th Circ. Decision Shipwrecks IRS On Shoals Of Loper Bright
The Eighth Circuit’s recent decision invalidating transfer pricing regulations in 3M Co. v. Commissioner may be the most significant tax case implementing Loper Bright's rejection of agency deference as a judicial tool in statutory construction, says Edward Froelich at McDermott.
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Rule Amendments Pave Path For A Privilege Claim 'Offensive'
Litigators should consider leveraging forthcoming amendments to the Federal Rules of Civil Procedure, which will require early negotiations of privilege-related discovery claims, by taking an offensive posture toward privilege logs at the outset of discovery, says David Ben-Meir at Ben-Meir Law.
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Litigation Funding Could Create Ethics Issues For Attorneys
A litigation investor’s recent complaint claiming a New York mass torts lawyer effectively ran a Ponzi scheme illustrates how litigation funding arrangements can subject attorneys to legal ethics dilemmas and potential liability, so engagement letters must have very clear terms, says Matthew Feinberg at Goldberg Segalla.
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SEC's Dual Share Class Approval Signals New Era For ETFs
The U.S. Securities and Exchange Commission's recent approval of the dual share class structure marks a landmark moment for the U.S. fund industry, opening the door for asset managers to benefit from combining mutual fund and exchange-traded fund share classes under a single portfolio, say Ilan Guedj at Bates White and Brian Henderson at George Washington University.
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E-Discovery Quarterly: Recent Rulings On Dynamic Databases
Several recent federal court decisions illustrate how parties continue to grapple with the discovery of data in dynamic databases, so counsel involved in these disputes must consider how structured data should be produced consistent with the requirements of the Federal Rules of Civil Procedure, say attorneys at Sidley.
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What To Do If A Retirement Plan Participant Is Deported
Given recent immigration policy changes in the U.S., many businesses are experiencing employee deportations, but retirement plan administrators should still pay and report benefits to avoid violating the plan, the Employee Retirement Income Security Act or tax reporting requirements, says Teri King at Smith Gambrell.
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Defeating Estoppel-Based Claims In Legal Malpractice Actions
State supreme court cases from recent years have addressed whether positions taken by attorneys in an underlying lawsuit can be used against them in a subsequent legal malpractice action, providing a foundation to defeat ex-clients’ estoppel claims, says Christopher Blazejewski at Sherin and Lodgen.
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The Biz Court Digest: How It Works In Massachusetts
Since its founding in 2000, the Massachusetts Business Litigation Session's expertise, procedural flexibility and litigant-friendly case management practices have contributed to the development of a robust body of commercial jurisprudence, say James Donnelly at Mirick O’Connell, Felicia Ellsworth at WilmerHale and Lisa Wood at Foley Hoag.
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Why Appellees Should Write Their Answering Brief First
Though counterintuitive, appellees should consider writing their answering briefs before they’ve ever seen their opponent’s opening brief, as this practice confers numerous benefits related to argument structure, time pressures and workflow, says Joshua Sohn at the U.S. Department of Justice.