Loeb & Loeb LLP

Loeb & Loeb LLP is a multi-service national law firm with more than 300 attorneys and offices in Los Angeles, New York, Chicago and Nashville. The firm is recognized as a leading law firm in the areas of securities offerings; mergers and acquisitions; litigation; entertainment and media; finance; real estate; intellectual property; private equity; employment; advertising and promotions and tax and wealth services. The firm represents multi-national, Fortune 100 companies in the firm's core practice areas, and serves as primary outside counsel to a multitude of mid-market clients. The firm also represents high tech start-ups and high net worth individuals and families.

Federal Circuit Rules That an Unconditional Covenant Not To Sue Authorizes Sales for Purposes of Patent Exhaustion
May 7, 2009
On April 8, the U.S. Court of Appeals for the Federal Circuit ruled that sales under an unconditional covenant not to sue are "authorized" for purposes of the patent exhaustion doctrine.

IRS Confirms the Sale of Gift Cards Is Immediately Taxable
April 16, 2009
The Internal Revenue Service recently confirmed its position that income from the sale of gift cards is taxable in the year of receipt for a gift card issuer that uses the accrual method of accounting.

IRS Issues Favorable Guidance for Taxpayers Who Suffered Madoff Related Losses
April 8, 2009
The IRS has issued much anticipated guidance regarding the deductibility of losses incurred by taxpayers who invested with Bernie Madoff.