IRS Seeks to Regulate Partnership Basis Adjustments
September 01, 2024
The proposed regulations would disallow basis adjustments in many non-abusive scenarios where those basis adjustments are necessary to achieve tax results that correspond to economic reality.
Is Supreme Court the Next Step In Deciding ISP Copyright Infringement Liability?
September 01, 2024
A new appeal landed at the U.S. Supreme Court with potentially billions of dollars at stake for the music, movie and Internet industries. The question presented is whether internet service providers such as Cox Communications, AT&T and Comcast should be held liable for the copyright infringement committed by their users.
Co-ops and Condominiums
September 01, 2024
Obligation to Construct Interior of Condominium Did Not Touch and Concern the Land, and Therefore Did Not Bind Successor
Managing Agent Did Not Owe Fiduciary Duty to Unit Owner; Condo Board Protected By Business Judgment Rule
No Preliminary Injunction In Acton to Abate a Noise Nuisance
Fresh Filings
September 01, 2024
Notable recent court filings in entertainment law.
PA Court: Vacant Lot Valueless Without Zoning Variance
September 01, 2024
The Pennsylvania Commonwealth Court affirmed a decision by the city of Philadelphia's Zoning Board of Adjustment (ZBA) that a real estate developer's evidence established an unnecessary hardship because it proved that the property, a vacant lot that needed costly environmental remediation, was practically valueless without the granting of a variance under the Philadelphia Zoning Code.
Phase 2 of PA's Insurance Data Security Law Is Coming — Record of Compliance Required
September 01, 2024
In 2023, Pennsylvania joined the growing number of states enacting the National Association of Insurance Commissioners' (NAIC) Model Law on Insurance Data Security. On Dec. 11, 2024 (just four months away), the second phase of the law goes into effect, which requires licensees to undertake detailed risk assessments, design and implement comprehensive and written cybersecurity programs, and, for some organizations, publicly certify compliance with the law.
The Eight Things Journalists Love and Why They Matter
September 01, 2024
Knowing how to present your article idea, pitch or press release to a journalist is the key to transforming your news into a headline. Whether you're aiming for coverage in print, online or on TV, understanding what journalists are looking for can dramatically increase your chances of getting media coverage.