Publication - 02/28/2012

Congress Gives the Green Light to Incentive Auctions

Telecommunications Alert

On February 17, both the House and the Senate passed the Middle Class Tax Relief and Job Creation Act of 2012. Among other things, the Act provides for the extension of the payroll tax holiday and unemployment benefits and prevents cuts in Medicare physician payment rates. To help offset the cost of the Act, the legislation includes significant spectrum provisions centered around preparations and details of a future auction of spectrum currently held by broadcast television licensees to other users, likely including commercial wireless carriers. This process is ultimately expected to raise billions of dollars for the Treasury, while also helping to fund the creation of a nationwide public safety broadband network for emergency first responders, another subject of the Act.

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Budget Act Creates New Partnership Tax Audit Regime

Client Alert
Jonathan D. Grossberg, Stephen D. D. Hamilton, David Shechtman

On November 2, President Obama signed into law the Bipartisan Budget Act of 2015 (the “Budget Act”). The Budget Act repeals and replaces the rules under the Tax Equity and Fiscal Responsibility Act of 1982 (“TEFRA”) that currently govern partnership tax audits.

U.S. Department of Education Issues New Guidance on Incentive Compensation Regulations

Client Alert
John R. Przypyszny, Jonathan D. Tarnow

On Friday, November 27, 2015, the U.S. Department of Education (the “Department”) will issue guidance in the Federal Register regarding its October 29, 2010 changes to the incentive compensation regulations at 34 C.F.R. § 668.14(b)(22) that took legal effect July 1, 2011.

Preventing Diabetes Through Proven-Effective Programs and Bipartisan Policy

Morning Consult
Ilisa Halpern Paul

District Policy Group President Ilisa Halpern Paul’s recent Morning Consult column, “Preventing Diabetes Through Proven-Effective Programs and Bipartisan Policy” discusses the diabetes epidemic and the proposed Medicare Diabetes Prevention Act (MDPA), endorsed by the American Diabetes Association. The MDPA is a bipartisan measure that Ilisa suggests could greatly improve the health outcomes and reduce the incidence of diabetes among our nation’s seniors. Currently ...

Casino Not Liable to Return Proceeds of Fraudulent Transfers

The Legal Intelligencer
Joseph N. Argentina, Jr., Andrew C. Kassner

Andy Kassner and Joe Argentina published an article discussing the recent Seventh Circuit Court of Appeals review of whether a bankruptcy trustee can recover funds from a casino where the debtor gambled with funds obtained by fraudulent transfers from a debtor.

U.S. International Trade Commission Makes Final Injury Determination On Supercalendered Paper From Canada

Client Alert
Richard P. Ferrin, Douglas J. Heffner

On November 18, 2015, the U.S. International Trade Commission (ITC) voted affirmative in connection with its final injury investigation on supercalendered paper from Canada.