With the new Biden administration now in place, the Department of Labor (DOL) has withdrawn a Trump era measure on guidance documents. Following a recent Executive Order, the DOL issued.
On January 22, 2021, Bleeping Computer reported about yet another data dump by the hacker group Shiny Hunters, this time for a clothing retailer. Shiny Hunters is known for exfiltrating.
On January 28,
HB 170 and its Senate counterpart,
SB 98, were prefiled with the Alabama Legislature and designated as three separate acts: (i) The Alabama Taxpayer Stimulus Freedom Act of 2021, (ii) The Alabama Business Tax Competitiveness Act, and (iii) The Alabama Electing Pass-Through Entity Tax Act.
The landmark legislation would exempt from Alabama income tax a variety of federal CARES Act/Consolidated Appropriations Act tax benefits, grants, loans and subsidies, while implementing other business tax reform measures, and allowing certain pass-through entities to elect to be taxed at the entity level as a means to address the federal $10,000 annual “SALT Cap.” Here is a summary of each part of the proposed legislation:
Ladd Hirsch Joins Bradley s Litigation Practice Group In Dallas
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DALLAS, Feb. 2, 2021 /PRNewswire/ Bradley Arant Boult Cummings LLP is pleased to announce that Ladd Hirsch has joined the firm s Dallas office as a partner in the Litigation Practice Group. I have known and respected Ladd throughout his career, he is an outstanding lawyer, and I am pleased to become his partner and add his talents in our strong and growing Dallas office, said Dallas Office Managing Partner Richard A. Sayles. Bradley Chairman of the Board and Managing Partner Jonathan M. Skeeters added, Ladd is widely recognized as a leading lawyer for Business Divorce matters focused on disputes between majority owners and minority investors related to substantial private Texas businesses. The addition of Ladd offers us the opportunity to further expand the expertise we can provide our clients across the state and beyond.
The U.S. Court of Appeals for the Federal Circuit, in
BGT Holdings LLC v. United States, recently held that the government does not have the discretion to deny a contractor’s request for equitable adjustment (REA) under Federal Acquisition Regulation (FAR) 52.245-1 (Government Property) where the conditions specified in that clause are present and the contractor is able to show financial loss. As discussed below, the Federal Circuit’s decision in this regard is a welcome development for government contractors because the court’s basic reasoning extends to all FAR clauses that direct that the government “shall” or “must” consider or make an equitable adjustment if the conditions set forth in the applicable FAR clause are present.