Publications
On October 10, the Federal Trade Commission (“FTC”) announced its final rules with respect to Premerger Notification under the Hart-Scott-Rodino Antitrust Improvement Act of 1976 (as amended) (“HSR”). The final rules formalize what will be the largest change to premerger notification requirements since at least 2000. The final rules follow from the draft rules that […]
Wiggin and Dana’s Appellate Practice Group is excited to announce the transition of the Supreme Court Update to a new blog platform. The blog combines over 20 years of Supreme Court cases and decisions into one dynamic resource, delivering the latest Supreme Court news and appellate law insights. Jonathan Freiman, Chair of Wiggin and Dana’s Appellate Practice […]
Greetings, Court Fans! It’s the First Monday in October, the traditional start of a new Supreme Court term. Coinciding with the start of OT24, we’re heralding a new way of delivering our summaries of the Court’s decisions: Welcome to the Supreme Court Update blog, which will combine our usual decision summaries with other news and […]
On October 3, 2024, Partners Robert Hoff and Paul Tuchmann authored the article titled, “Revisiting The Crime-Fraud Exception After Key Trump Cases” for Law360. In light of recent high-profile matters, Rob and Paul cover elements of the crime-fraud exception, how it played a role in the Congressional investigation of the January 6, 2021 Capital riot, and […]
On October 4, the Summer 2024 issue of the Franchise Law Journal, Volume 43 Number 3, was published, where Litigation Partner John Doroghazi is Editor-in-Chief. The Franchise Law Journal is published by the American Bar Association Forum of Franchising. This edition covers Arbitration Waviers in the Wake of Morgan v. Sundance, authored by Wiggin and Dana Associates Rachel Canna and Jared […]
What is a Family Office? A family office is a private wealth management entity that may provide a variety of services to a wealthy family, such as investment management, financial planning, estate planning, and philanthropy. Family offices can be set up as a standalone entity or as a division of a larger company. The beauty […]
As the owner of a franchise, you may be focused on the day-to-day operations and management of the business. You might have plans for the longer-term, for growing the business in the years ahead. But what if you are no longer around? Who will operate it? And who will inherit it? Would you prefer that […]
Each year, Wiggin and Dana LLP and LeadingAge Connecticut collaborate to produce a comprehensive summary of new Connecticut laws affecting providers of services for the elderly. The 2024 Legislative Summary reports on a number of new legislative requirements affecting nursing homes, assisted living communities, residential care homes, home health care and hospice, homemaker companion agencies, […]
In a previous Wiggin and Dana advisory, we highlighted a new “decanting” statute in Connecticut. As described in that advisory, effective January 1, 2025, Connecticut will specifically authorize “decanting” the assets of an otherwise irrevocable trust into a new trust with improved terms. The statute outlines precisely what kinds of trusts can and cannot be decanted, […]
Navigating the emotional and logistical complexities of administering a loved one’s estate after their death can be difficult. The additional burden of having to decide what to do with all of their stuff (also known as tangible property) highlights the critical role of effective estate planning. The clarity and directives provided by a well-structured estate […]
On August 20, 2024, a federal court in Dallas ruled that the FTC exceeded its authority in promulgating a sweeping rule banning non-competition covenants nationwide thereby putting the rule on ice. The court determined that Congress did not grant the FTC authority to issue substantive rules concerning unfair methods of competition, as the non-compete rule […]
In early April, the Michigan Court of Appeals issued an opinion in the case of In re E. Earl Lyden Trust, which highlights the importance of a comprehensive review of the estate plan during the pendency of a divorce. Background of Case Denice and Earl Lyden were married, and Earl had a son, Hunter, from […]
On August 14, 2024, the Federal Trade Commission’s (“Commission”) new Trade Regulation Rule on the Use of Consumer Reviews and Testimonials (the “Rule”) was finalized and went into effect. The Rule prohibits specified unfair or deceptive acts or practices involving consumer reviews or testimonials. Violations of the Rule can result in a business being assessed […]
On August 19, 2024, Counsel Anjali Dalal and Associate Gautam Rao authored the New York Law Journal article titled, “Public Corruption Prosecutions: Constitutional Issues to Watch.” Anjali and Gautam discuss United States v. Benjamin and McCormick v. United States and explain how these public corruption prosecutions could test the U.S. Supreme Court’s recent trends: first, the […]
One of the challenges facing owners of closely held businesses is how to preserve their business legacy in the event of their death. The federal estate tax, which applies to estates exceeding $13.61 million in 2024, can pose a significant financial burden on the heirs of business owners, especially if the estate (i.e., the taxpayer) […]
What happened? Effective July 23, 2024, all U.S. banks, insurers, SEC broker/dealers, securities or commodities broker/dealers, investment bankers, investment companies, currency exchanges and certain other entities designated as “financial institutions” must report to the U.S. Department of Treasury, Office of Foreign Assets Control (OFAC), no later than August 2, 2024 or within 10 days of detection, […]
On July 10, 2024, the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) issued critical new guidance (“the Guidance”) aimed at enhancing due diligence to prevent the diversion of Common High Priority List (“CHPL”) items to Russia. [1] A list of the CHPL items can be found on the BIS website. [2] Most […]
On July 15, 2024, Partner Paul Tuchmann authored the article titled, “‘Fraud in the Inducement’: Is It ‘Right To Control’ by Another Name, Or Is It Wire Fraud?” for the New York Law Journal. In the article, Paul discusses the Supreme Court’s decision to hear an appeal of the Third Circuit’s decision in Kousisis v. […]
In a previous Wiggin and Dana LLP advisory, we addressed what constitutes a “foreign trust” under the Internal Revenue Code (IRC).[1] We now explore the tax consequences of a foreign trust, as well as the differences between a foreign grantor trust and a foreign non-grantor trust. There are many benefits of having an individual who […]
Greetings, Court Fans! Like the Court, itself, we’ll close out OT23 with Trump v. United States (No. 23-939), a highly consequential (and arguably consequentialist) decision on presidential immunity from criminal prosecution. As you all know by now, the Supreme Court, in a 6-3 decision authored by the Chief Justice (with important concurring opinions by Justice […]
Greetings, Court Fans! The Nine closed out OT23 with their so-called “clean-up conference” last Tuesday, issuing multiple GVRs in cases controlled by recent opinions and granting cert in five new cases for OT24. We’ll attend to some clean-up of our own with this penultimate Update of the term, covering three decisions that were somewhat obscured […]
Greetings, Court Fans! We’re back with the nightcap of today’s doubleheader, consisting of summaries of Moody v. NetChoice (No. 22-277), an important First Amendment case that turned into an important case on facial constitutional challenges; City of Grants Pass, Oregon v. Johnson (No. 23-175), in which the Court concluded that many western cities’ “camping bans” […]
Greetings, Court Fans! Last fall, if you asked commentators what OT23 was going to be about, chances are they would have said “the administrative state.” But things took a bit of a turn when circumstances in the lower courts conspired to fill out the Court’s docket with high-profile (and practically unavoidable) cases on Trump, abortion, […]
Greetings, Court Fans! In Murthy v. Missouri (No. 23-411) and Moyle v. United States (No. 23-726), Justice Barrett cemented her new role as the leader of a Coalition of the Unwilling (to adjudicate on the merits), joined by Justices Sotomayor and Kagan (and sometimes Jackson) on the left and the Chief and Justice Kavanaugh on […]
Greetings, Court Fans! This morning, the Court issued the final three decisions of OT23: In Trump v. United States (No. 23-939), a 6-3 Court held that a former President enjoys absolute immunity from criminal prosecution for actions within his conclusive and preclusive constitutional authority and has at least presumptive immunity for all official acts. That […]
In a recent precedential en banc opinion, the Court of Appeals for the Federal Circuit (CAFC) overruled the existing framework for analyzing obviousness in design patents. See, LKQ Corporation, Keystone Automotive Industries, Inc. v. GM Global Technology Operations LLC, No. 2021-2348 (Fed. Cir., May 21, 2024). The CAFC reasoned that the current framework for evaluating […]
Greetings, Court Fans! Today, on what we now know is the penultimate day of the term, the Court issued three opinions, all of which are both big and split 6-3 on (mostly) ideological lines: In Loper Bright Enterprises v. Raimondo (No. 22-451), decided along with Relentless, Inc. v. Department of Commerce (No. 22-1219), the Court […]
August 1, 2024 (Update): The following client alert was published in Westlaw Today. To read the publication, click here. Our previous client alert on May 22, 2024, discussed the passage of Public Act No. 24-76, which was signed by Governor Lamont on May 11, 2024. This second advisory addresses the three other public acts that […]
On June 26, 2024, Partner David Hall and Associate Christopher Bailes authored the article titled, “DOJ’s Indictments of Congressional Members Signals Evolving Strategy to Fight Public Corruption” for the Legal Intelligencer. David and Christopher discuss the Department of Justice’s decision to charge two sitting members of Congress with violations of the Foreign Agents Registration Act […]
Greetings, Court Fans! The Court issued four significant decisions this morning: Harrington v. Purdue Pharma L.P. (No. 23-124), holding (5-4, with an interesting “horseshoe” alignment) that the Bankruptcy Code does not authorize nonconsensual releases of claims against nondebtors, thereby scuttling a bankruptcy plan that would have released claims against the Sackler family in exchange for […]