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HTMLVirtual Currency - New York State Extends Comment Deadline on BitLicense Proposal
Michael A. Berlin, Carl A. Fornaris, William B. Mack, Jamey L. Tesler; Greenberg Traurig, LLP;
Legal Alert/Article
September 15, 2014, previously published on September 9, 2014
On August 21, 2014, the New York State Department of Financial Services (DFS) agreed to double the length of the open-comment period for its proposed virtual currency regulatory framework, extending the period another 45 days, to October, 21, 2014.


HTMLThe 2014 Voluntary Disclosure Program: Important Changes for the Still Non-Compliant Taxpayer with Foreign Accounts
Seth J. Entin, G. Michelle Ferreira, Courtney A. Hopley; Greenberg Traurig, LLP;
Legal Alert/Article
July 8, 2014, previously published on June 20, 2014
On June 18, 2014, the Commissioner of the Internal Revenue Service (IRS), John Koskinen, announced significant changes to the IRS’s offshore voluntary disclosure program (referred to as the “2014 OVDP”). The changes to the program are described in this Alert. The changes are...


HTMLThe Departments of Labor and Health & Human Services Seek to Enhance Care Benefits Under COBRA
Michael R. Einig, Magan P. Ray; Greenberg Traurig, LLP;
Legal Alert/Article
June 13, 2014, previously published on May 19, 2014
On May 2, 2014, the Employee Benefits Security Administration of the Department of Labor (DOL) released proposed regulations, which contain changes to the existing Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) notice requirements. These changes are intended to incorporate...


HTMLFederal Appeals Court Holds SEC Conflict Minerals Rules Violate Free Speech
Barbara A. Jones, Ira N. Rosner, Elliot H. Scherker; Greenberg Traurig, LLP;
Legal Alert/Article
April 21, 2014, previously published on April 15, 2014
On April 14, 2014, a three-judge panel of the U.S. Court of Appeals for the District of Columbia, in an opinion authored by Senior Circuit Judge Randolph, held in National Association of Manufacturers, et al. v. Securities and Exchange Commission, et al. (Case No. 13-5252), that portions of the...


Adobe PDFU.S. Supreme Court Clarifies Limits of Bankruptcy Judge's Equitable Authority Under Section 105(A)
Mark D. Bloom, Michael H. Moody; Greenberg Traurig, LLP;
Legal Alert/Article
March 14, 2014, previously published on March 2014
On March 4, 2014, a unanimous United States Supreme Court decided Law v. Siegel and clarified that exercising statutory or inherent powers, a bankruptcy court may not contravene specific statutory authority. Lawwill likely have broad implications for business bankruptcy cases even though it...


HTMLState of Play-Is 2014 the Year of Internet Gaming?
Greenberg Traurig LLP;
Legal Alert/Article
February 17, 2014, previously published on February 10, 2014
Confounding the expectation of most observers, after the December 23, 2011 reversal by the Department of Justice (the DOJ) of its long-standing interpretation of the Federal Wire Act’s (18 U.S.C. § 1084) application to non-sports betting on the Internet, Internet gaming did not...


HTMLSection 162(m): Actions that Should be Taken by March 31, 2014, and/or in this Year's Proxy to Avoid the $1,000,000 Deduction Limitation
Greenberg Traurig LLP;
Legal Alert/Article
February 5, 2014, previously published on January 30, 2014
This GT Alert serves to remind our publicly held clients of things that need to be done early this year to minimize or avoid the application of the deduction limitations imposed by Section 162(m) of the Internal Revenue Code of 1986, as amended. The Alert also provides an overview of the basic...


Adobe PDFEnergy Reform Approved by the Mexican Congress
Greenberg Traurig LLP;
Legal Alert/Article
December 20, 2013, previously published on December 12, 2013
This GT Alert describes the most important aspects of the Energy Reform approved on December 12, 2013 by the Mexican Congress amending Articles 25, 27 and 28 of the Mexican Constitution (the "2013 Energy Reform").


HTMLSecond Circuit Adds Eligibility Requirement for Chapter 15 Cases
Mark D. Bloom, Paul J. Keenan, G. Ray Warner; Greenberg Traurig, LLP;
Legal Alert/Article
December 19, 2013, previously published on December 17, 2013
A recent decision of the Second Circuit Court of Appeals has added an additional eligibility requirement for the filing of Chapter 15 cases. In Drawbridge Special Opportunities Fund LP v. Barnet (In re Barnet), --- F.3d ---, 2013 WL 6482499 (2d Cir. 12/11/2013), the Court applied the section 109...


HTMLAnother U.S. Court of Appeals Decision Protects U.S. Creditors from the Effects of Foreign Bankruptcy Law
Paul J. Keenan, Ari Newman; Greenberg Traurig, LLP;
Legal Alert/Article
December 13, 2013, previously published on December 12, 2013
One of the effects of commercial globalization is that the bankruptcy filing of a debtor with transnational business relationships will sometimes result in a clash between the substantive bankruptcy laws of different countries. A frequent question is whether the bankruptcy laws of a foreign country...


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