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Bradley has been publishing an ongoing survey of state-level bid protest processes and procedures (see, e.g., our post on “Bid Protests in New York”). For the next state in this ongoing...
For the next state in Bradley's ongoing series, we focus on the bid protest procedures in the State of Alabama, including administrative protests, requests for proposals for goods and services and public works projects, and what protests must contain.
Number and value of de-SPAC transactions have increased sharply. De-SPAC transactions are an alternative method of going public that may be faster and less costly than a traditional IPO. The typical de-SPAC transaction involves a publicly traded acquisition company merging.
Wednesday, August 4, 2021 On July 28, 2021, the IRS secured two victories in court. The first win allows the IRS to impose an additional 35% penalty on an individual as the sole owner and beneficiary of a foreign trust and the second court victory paves the way for the IRS to issue John Doe summonses in connection with its investigation of taxpayers who used an offshore service provider in Panama. A. The Second Circuit held that the IRS can impose a $3,221,183 penalty on an individual in his capacity as both the sole owner and beneficiary of a foreign trust The Second Circuit vacate...
To print this article, all you need is to be registered or login on Mondaq.com. The California Secretary of State suspends or forfeits an entity for failure to file the required Statement of Information, and in the case of a domestic corporation that is an association formed to manage a common interest development, the required Statement by Common Interest Development Association. In addition, the Secretary of State may suspend domestic or foreign corporation for the failure of the corporation to reimburse the Victims of Corporate Fraud Compensation Fund for a pa...