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Agriculture
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The Environmental Protection Agency (EPA) asked the District of Columbia District Court on Tuesday to dismiss two counts of a four-count complaint against its registration of the Dicamba herbicide; specifically, Count 2, purporting that the Endangered Species Act (ESA) buffer zones required in the registration violate the Administrative Procedure Act, and Count 4 relating to the EPA’s determination that Dicamba use would have “no effect” on endangered species or their habitats.
In its filing, the EPA argued that Count 2 regarding ESA Buffers should be dismissed because the plaintiffs, the American Soybean Association and Plains Cotton Growers Inc., did not follow the proper procedures to file a complaint under the ESA by neglecting to provide 60-day notice. The defendant explained that the plaintiffs “mistakenly believe that certain 57 – to 310-foot buffer zones, measured from the edge of agricultural fields inward, which EPA incl
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On the heels of CFPB Acting Director Dave Uejio’s recently released statement to agency staff members, the Bureau again signaled that it is making progress toward issuing a Notice of Proposed Rulemaking (NPRM) enacting Section 1071 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Dodd-Frank Act). Specifically, in late February, the CFPB filed its fourth status report in the United States District Court for the Northern District of California as part of a legal settlement. This latest status report indicates that the Bureau is moving closer towards issuing to enact these important regulations.
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At the urging of the Alabama Society of CPAs and other groups, the Alabama Department of Revenue (ADOR) recently issued preliminary guidance on (a) how the new pass-through entity (PTE) tax election interacts with the corporate estimated tax rules, and (b) what happens if a taxpayer paid Alabama income tax on its federal “GILTI” income or on the deemed income resulting from a state or local government or IDA donating land, issuing a site prep grant, etc. to a new or expanding industry. The latter is now taxable under IRC section 118(b)(2) as a result of the Tax Cuts and Jobs Act of 2017 (TCJA). As previously reported, these issues arise as a result of the enactment of Alabama Act 2021-1, passed by the legislature unanimously and with lightning speed and signed into law by Gov. Kay Ivey on February 12, and a retroactive effective date for certain sections.
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You just heard that a customer has filed for bankruptcy what do you do now? One of the first steps is to determine whether you should file a proof of claim.
How will I be alerted about the bankruptcy?
When a bankruptcy case is filed, the debtor is required to list all of his creditors in the petition. Subsequently, the clerk of the bankruptcy court will send out a notice to all listed creditors that the debtor has filed bankruptcy (this is normally known as an “Official Form 309”). Additional important information is included on the notice of bankruptcy, including the date and time of the Section 341 meeting of creditors, the deadline to file an objection to the debtor’s discharge or dischargeability of a particular debt, and the deadline to file a proof of claim.