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The divisions in this country are not just political, they also relate to attitudes toward responsibility. In a survey and study that Persuasion Strategies conducted this past month (July, 2019), we asked respondents about their views of individual...

For Broker-Dealers and Investment Advisers: Yes, Digital Assets are Securities, but no, We’re Not Ready to Let You Deal in Them Yet. The SEC and FINRA issued a Joint Staff Statement on Broker-Dealer Custody of Digital Asset Securities on July 8.  On...

The Federal Energy Regulatory Commission (FERC) ordered PJM Interconnection, LLC’s (PJM) on July 25 to suspend its 2019 Base Residual Auction (BRA), which provides for capacity payments to electric generators. FERC found that delaying the auction...

In a “legitimate” Trust, the ownership and control of the Trust assets and income is “separate” from a Settlor’s control and benefit. IRS has been reporting that Trusts are used for abusive tax schemes to hide true ownership of assets and income,...

In Sacramentans for Fair Planning v. City of Sacramento, published on July 18, 2019, the California Court of Appeal rejected challenges to a project based on the principle of zoning uniformity, limiting its application to general law cities and to...

The Tel Aviv District Court handed down a decision a few days ago rejecting the Israel Tax Authority’s (ITA) position on the conveyance of real estate properties to trusts. This decision dramatically changes the taxation of trusts in Israel....

In Mortgagee Letter 2019-11, the U.S. Department of Housing and Urban Development (HUD) announced that it is reducing the maximum loan-to-value ratio and combined maximum loan-to-value ratio on cash-out refinance mortgages from 85% to 80%. The change...

REIT Say-on-Pay Results Slide But Still Fare Better Than Most Industries - While shareholder support and Say-on-Pay results stayed effectively flat for the general industry, self-managed REITs saw an increase in negative voting recommendations from...

The construction industry is starting to engage more widely with new and emerging technology like Building Information Modelling, drones and 3D printing. Various bodies are now working on the multitude of challenges that implementation of such "new...

The vast majority of even the most hard-fought litigations are resolved through an agreement between the parties. Mediation not only plays a significant role in facilitating settlement, it expands the times when it should be considered. Intellectual...

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