The Internal Revenue Service has provided guidance clarifying the standards a limited liability company (LLC) must satisfy to receive a determination letter recognizing it as tax-exempt under I.R.C. Section 501(a) and as described in I.R.C. Section 501(c)(3). One...
Then look no further! This brand-new practice note will guide you through the process. We offer a complete look at commercial real estate purchase and sale transactions in Virginia, with tips on how structure your deal and best protect your client. READ NOW »...
Marketing is an essential and continual activity for private funds. Private equity funds rely on effective marketing to source capital; since private equity funds may only recycle a limited amount of investment proceeds, a sponsor needs continually to attract investor...
A board of directors generally owes duties of loyalty and care to a corporation and its stockholders under Delaware law. And in most general matters, the starting point for considering director duties is the business judgment rule, a presumption that in making...
Did you know New York now requires new workplace health and safety protections due to COVID-19? Let Debevoise & Plimpton Counsel, Tricia Bozyk Sherno , be your hero in guiding you through the complex ins and outs of the New York HERO Act. READ NOW »...
Watch this video to learn the many major benefits of federal trademark registration, including nationwide exclusive rights, incontestability, constructive priority, use of the ® symbol, inclusion in the USPTO's database, securing loans, and easier enforcement...
Insuring against the use of a gun to commit acts of violence does not fit neatly into any of the preconceived notions of insurance. Examine policy trends addressing coverage gaps and recent active shooter litigation with this practice note. READ NOW » ...
COVID-19 emergency forbearance and eviction accommodations for consumers largely expired in September 2021. Read this practice note to learn more about the expectations for mortgage servicers and lenders from federal agencies regarding supervision and enforcement...
Are you prepared for the transition of LIBOR? Watch this video to understand the change to LIBOR in credit agreements. This video showcases the background and provides an overview of replacing LIBOR as the benchmark interest rate in loan documents. WATCH NOW...
Thanks to tax breaks, scalability, and significant improvements in technology, wind energy has become a powerful force in the energy landscape. It routinely competes with traditional energy sources in both availability and pricing. Offshore wind farms will continue...
The No Surprises Act, which was included in the Consolidated Appropriations Act, 2021 ( Pub. L. No. 116-260 ), contains protections that hold consumers harmless from the costs related to unanticipated (i.e., surprise) out-of-network medical bills. A common occasion...
Identity theft has become an enormous problem. Practical Guidance has identity theft state law Q&As for all 50 states, plus D.C. These Q&As indicate whether a state has enacted identity theft legislation, describe the conduct that these state laws prohibit...
Learn about piercing the corporate veil, a legal doctrine which provides for holding shareholders, owners, officers, directors, and affiliated entities liable for actions of a corporation, including the standards for piercing the corporate veil and measures that...
Form 10 is a long-form registration statement used to register a class of securities under Section 12 of the Exchange Act. Use this checklist to ensure full compliance with all requirements applying to this form. READ NOW » Related Content Form 10...
If you’re a visual learner, you’re going to love our process map showing you the different phases of discovery. VIEW NOW » Related Content Deadlines in Civil Litigation Chart (Federal) See a chart listing the most common deadlines applicable...