Worldwide: Corporate/Commercial Law

The Treasury Department and IRS have proposed new regulations that would eliminate a burdensome information-return filing requirement for trusts whose only charitable contribution deductions flow through from partnerships or S corporations. The proposed rule addresses practitioner complaints about an obscure filing obligation that applies to trustees who may not even realize they are subject to it, while serving little enforcement purpose for the IRS.

Milbank LLP attorneys examine the implications of New York's pied-à-terre tax for common estate planning structures and situations, analyzing the basic mechanics of the surcharge and discussing key ambiguities in the statute. The article explores potential pitfalls that practitioners should consider when advising clients on property ownership and estate planning in New York.

Washington State's Trust and Estate Dispute Resolution Act (TEDRA) grants courts broad discretion to shift attorneys' fees in trust and estate litigation, potentially exposing fiduciaries to personal liability when their conduct breaches fiduciary duties or unnecessarily prolongs disputes. Understanding the circumstances under which courts may order personal fee awards is essential for trustees, personal representatives, and beneficiaries navigating these complex disputes.

O-1 vizesi başvurusunda güçlü bir dosya hazırlamak, yalnızca ödülleri ve başarıları listelemekten çok daha fazlasını gerektirir. Doğru sınıflandırmayı belirlemek, kanıtları etkili sunmak ve mesleki geçmişi sistematik şekilde değerlendirmek, olağanüstü yetenek veya başarının ortaya konulmasında kritik öneme sahiptir.

La visa O-1 ofrece una vía flexible para profesionales con habilidades extraordinarias, pero construir un caso sólido requiere más que reunir premios y logros. ¿Cómo puede un solicitante organizar estratégicamente la evidencia, demostrar impacto real y estructurar una petición que cumpla con los estándares legales de USCIS? Esta guía detalla los pasos críticos para fundadores, investigadores, ejecutivos y artistas que buscan trabajar en Estados Unidos.

When investors poured millions into an aircraft venture only to discover their brokers had diverted funds and concealed critical information, the path to recovery proved far more complex than simply proving fraud. This case reveals how commercial fraud often emerges not from elaborate schemes but from legitimate ventures under pressure, and why identifying all parties with potential liability—including seemingly innocent intermediaries—can mean the difference between a worthless judgment and act

Four major policy developments in 2026 have reshaped the landscape of employee benefits and executive compensation, involving significant regulatory changes from the Department of Labor's Employee Benefits Security Administration and the Securities and Exchange Commission. These changes affect 401(k) plan fiduciaries, enforcement priorities, disclosure requirements, and the treatment of Trump accounts under ERISA.

Executive employment agreements require careful attention to interconnected provisions that affect compensation, severance, tax treatment, and post-employment obligations. Understanding how bonus structures...

The Delaware Court of Chancery issued its first interpretation of the 2025 amendments to Section 144 of the DGCL in a derivative lawsuit challenging director compensation decisions at Fidelity National Financial. The decision establishes how courts will apply the amended statute's safe-harbor provisions for conflicted transactions and its presumption of director independence, while confirming that director self-compensation remains subject to heightened judicial scrutiny.

A recent California lawsuit alleges that AI-based employee selection tools discriminated against workers on protected leave and those with disabilities during a reduction in force. The case highlights critical legal risks for employers deploying AI in high-stakes employment decisions, particularly around how AI systems handle productivity metrics for employees who are absent or working under accommodations.

In C.S. v. Brick Recycling Co., the New Jersey Appellate Division vacated a trial court decision requiring the disclosure of documents relating to an attorney-led workplace investigation into sexual harassment. In doing so, the court provided important guidance on the discoverability of documents relating to such investigations.

The D.C. Circuit's landmark decision in United States v. Navarro establishes that only the president or an authorized designee may invoke executive privilege in response to congressional subpoenas, fundamentally reshaping the obligations of current and former government officials. This comprehensive analysis examines the constitutional foundations of congressional investigative power, enforcement mechanisms ranging from criminal contempt to civil litigation, and the critical defenses available to subpoena r