Civil Law

Modern slavery reporting series: Part 3 – what can Australian businesses learn?

In Part 2 of our series, we set out our insights on what differentiates the few organisations who are noticeably leading the pack in their disclosure obligations under the Modern Slavery Act 2018 (Cth) (Act) – how they are going above and beyond the minimum requirements of the Act to understand their supply chains and the modern slavery risks within and taking measured steps to identify and mitigate these risks.

Key stakeholders such as investors, employees, customers and suppliers increasingly … Read the rest

Supreme Court

Reductions on deductions and state courts on out-of-state businesses

Reductions on deductions and state courts on out-of-state businesses

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This week we highlight cert petitions that ask the Supreme Court to consider, among other things, whether a 2017 law’s cap of $ 10,000 for the deduction for state and local taxes on federal income returns violates the Constitution by coercing states’ tax policies, and whether state courts can exercise jurisdiction over out-of-state businesses on the basis of their registration as foreign corporations.

The 2017 cap on the federal tax deduction for state and local taxes

New York v. … Read the rest

Civil Law

Cross-Post from Restructuring GlobalView Blog – Supply Chain Risk and Increasing Costs: How Are UK Businesses Building Resilience?

This is a Cross-Post from the Restructuring GlobalView Blog.  Please contact Simon Garbett with any questions. 

Partner Simon Garbett discusses the impact on the supply chain following the lifting of the coronavirus restrictions in the UK.  To learn how UK businesses are addressing the supply chain issues, read the full article here.

LexBlog… Read the rest