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News
Dueling State Approaches to Taxing Related Businesses: Explained
2+ day, 21+ hour ago (75+ words) Bloomberg Law News A recent Massachusetts decision called into question the dominant method for determining how to apportion a unitary group’s taxable income in combined filing states. The approach Massachusetts follows tends to bring in more money for states, and…...
Paul Weiss Houston Bet Features a $700,000 Office Buildout
3+ week, 4+ day ago (98+ words) Bloomberg Law News Paul Weiss plans to spend $700,000 to renovate the Wall Street law firm’s new Houston office, public records show. The firm is building out its 2,178-square-foot space in downtown Houston’s 811 Main tower, according to a project registration filed…...
NYC, Housing Group Continue Property Tax Suit Settlement Talks
2+ week, 5+ day ago (89+ words) Bloomberg Law News New York City and the consortium of landowners, tenants, and others who sued to revamp its property tax code failed to come to an agreement Monday over how to end the years-long litigation, after a nearly two-hour…...
NYC Excavation Contractor Says US Agency Hid Project Problems
4+ day, 12+ hour ago (82+ words) Bloomberg Law News A company that performed a $233 million dredging and excavation project in New York City says the US Army Corps of Engineers owes it additional costs for differing site conditions the agency failed to disclose. Michels Construction Inc....
Guo Wengui Bankruptcy Trustee, US Reach Deal to Split Assets
3+ week, 3+ day ago (116+ words) Bloomberg Law News The bankruptcy estate of convicted fraudster Guo Wengui reached a deal with the US to avoid legal battles over more than $800 million worth of assets recovered or seized from the exiled Chinese real estate tycoon. Chapter 11 trustee…...