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HTMLValidus Wins Round One: Retrocessions Not Taxable Under 26 USC § 4371(3)
Alexander G. Henlin, Barry Leigh Weissman; Edwards Wildman Palmer LLP;
Legal Alert/Article
February 17, 2014, previously published on February 7, 2014
A federal district court in Washington handed Validus Reinsurance a major win on Wednesday, declaring that the IRS has no authority to assess excise tax on retrocessions. The decision in Validus Reinsurance, Ltd. v. United States of America, No. 13-0109 (D.D.C. Feb. 5, 2014), is available here-...

 

HTMLNew Ways to Get Parental Consent to Collect Data from Children Emerging Under COPPA
Alan L. Friel, Ari Z. Moskowitz; Edwards Wildman Palmer LLP;
Legal Alert/Article
February 17, 2014, previously published on February 13, 2014
The regulations restricting data collection from children under the federal Children’s Online Privacy Protection Act (“COPPA”) were greatly expanded in July 2013, casting a wider net and making life more difficult for publishers of both children’s sites and apps as well as...

 

HTMLA New Era of US-EU Safe Harbor Scrutiny by the FTC? FTC Reaches Consent Agreements with 12 Different Safe Harbor Certified Companies
David L. Anderson, Ari Z. Moskowitz, Mark E. Schreiber; Edwards Wildman Palmer LLP;
Legal Alert/Article
February 6, 2014, previously published on February 3, 2014
Recently announced FTC actions are a signal of renewed focus and enhanced enforcement by the FTC on companies which have pledged to adhere to Safe Harbor obligations. Some see this as a response by the FTC to EU pressures arising from the NSA disclosures and attempts to eliminate or re-align the...