SEC Expands Companies’ Ability to Issue Securities Pursuant to Compensatory Arrangements, Solicits Public Comment on Further Modernization
On July 18, the SEC announced that it had taken two steps towards allowing companies to more easily pay their employees in stock while still complying with federal securities laws.
On June 28, the SEC announced that it had voted to amend the definition of “smaller reporting company” to expand the number of companies that qualify for certain existing scaled disclosure accommodations.
SEC Adopts Inline XBRL for Submission of Financial Statement Information, Eliminates Website Posting Requirement
On June 28, the SEC announced that it had voted to amend existing requirements for companies to submit financial statement information in machine-readable format using eXtensible Business Reporting Language.
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Minnesota Enacted a New Health Savings Account Exemption and Increased Exemptions Including for the Homestead
Minnesota has expanded the types and value of assets that individuals may protect from creditors.
In the 8th Circuit, income tax debt owed under late filed tax returns could, under certain circumstances, be discharged by individual debtors in their bankruptcy cases.
Payments made to creditors in the 90-days before a bankruptcy filing can be subject to recovery as “preference claims.”
The United States Court of Appeals for the Federal Circuit held today that a Native American tribe may not assert sovereign immunity to bar inter partes review proceedings before the Patent and Trademark Office’s Patent Trial and Appeal Board.
Sacha Baron Cohen just premiered his latest television work, “Who Is America?”
Many public companies are unprepared for the January 1, 2019, deadline for implementation of the new lease accounting standard.