Sutherland Asbill & Brennan LLP

Sutherland is a law firm with global reach known for solving challenging business problems and resolving unique legal issues for many of the world's largest companies. Founded in 1924, the firm has grown to approximately 500 lawyers handling matters in every part of the world. Seven major practice areas — corporate, energy and environmental, financial services, intellectual property, litigation, real estate and tax — provide the framework that contains an extensive range of specialty areas, allowing its lawyers to serve a diverse client base that includes a number of Fortune 500 companies.

Deferred Compensation Timing Rules, Rather Than Subchapter L, Govern Insurance Company¿s Deduction for Retiree Medical Benefits
November 10, 2009
In a Technical Advice Memorandum (TAM 200939019 (June 10, 2009)), the Internal Revenue Service concluded that the deduction timing rules of Internal Revenue Code (IRC) § 404(a)(5) trump Subchapter L in governing a deduction for retiree medical expenses.

EPA Publishes Tailoring Rule Requirements for Greenhouse Gases from Stationary Sources
November 10, 2009
This week, the U.S. Environmental Protection Agency (EPA) published in the Federal Register a proposed rule designed to "tailor" the applicability thresholds for stationary source greenhouse gas (GHG) emission sources regulated under the Clean Air Act (CAA). In particular, the proposed...

Federal Banking Regulators Issue Guidance on "Prudent Commercial Real Estate Workouts"
B. Knox Dobbins, Michael G. Kerman, Jason C. Kirkham, Annette L. Tripp, November 10, 2009
On October 30, 2009, the federal authorities charged with oversight of federally insured commercial real estate lenders issued a policy statement on "Prudent Commercial Real Estate Workouts." The revised policy statement had been anticipated since October 14, 2009, when FDIC Chairwoman...