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(Practical Law Real Estate) On May 9, 2025, New York Governor, Kathy Hochul, signed the State budget bill (Assembly Bill A3009C, Senate Bill S4009, 2025 Sess. Laws, Ch. 59 (N.Y. 2025) (the bill)). Part F of the bill creates a (…)

(Reuters) – Vanguard Group settled a lawsuit accusing the mutual fund giant of saddling investors in its popular target-date funds with inflated tax bills, after a federal judge rejected an earlier settlement. In a filing on Thursday in Philadelphia federal (…)

Paxos Trust reached a $48.5 million settlement to resolve New York charges the virtual currency company failed to police illegal activity related to cryptocurrency exchange Binance, the state’s financial services regulator said on Thursday. Adrienne Harris, New York’s financial services (…)

(Reuters) – Law firm Taft, Stettinius & Hollister said Monday that it plans to combine with Atlanta-based Morris, Manning & Martin, marking what Taft said was its ninth merger in less than two decades and continuing a string of U.S. (…)

(Law 360) The government was not required to give a bigger whistleblower award to a former auditor who helped the Internal Revenue Service recover $180,000 in taxes, the Federal Circuit said Tuesday, affirming a ruling that a lower court lacked authority to (…)

(Law360) Former Binance CEO Changpeng Zhao asked a Delaware bankruptcy judge to dismiss him from a clawback suit filed by the estate of bankrupt crypto exchange FTX seeking to recover $1.76 billion it says FTX illegally transferred before its collapse (…)

(Law360) The derivatives platform owned by Crypto.com asked a Nevada federal judge to permanently block the state’s gambling regulators from taking action over its sports event contracts, which it argues are exclusively overseen by the U.S. Commodity Futures Trading Commission. (…)

(Law360) The Federal Trade Commission filed suit Wednesday against Edwards Lifesciences Corp. over the company’s proposed $945 million purchase of JenaValve Technology Inc., arguing the deal would give Edwards control over both of the only firms with ongoing U.S. clinical (…)

(JD Supra) How many U.S. taxpayers and expatriates may need to file offshore disclosures and FBARs with the IRS? Should those who have not yet filed a disclosure application utilize the VDP (Voluntary Disclosure Program) or a streamlined application through (…)

(Reuters) -Justin Sun’s crypto platform, Tron, has reached a deal with Nasdaq-listed company SRM Entertainment under which it will buy tokens, be renamed Tron Inc and have Sun join the company as an adviser, SRM said on Monday. SRM’s statement (…)