CFTC Issues Clarifications on FX Swaps and ETF Eligible Collateral

The CFTC clarified that foreign exchange (FX) spot transactions, involving currency delivery within two business days, are not swaps subject to CFTC swaps rules. The CFTC also specified that certain US Treasury... Read more »

Moveable Sculptures Eligible for Copyright Protection: 9th Circuit

In Tangle, Inc. v. Aritzia, Inc., the US Court of Appeals for the Ninth Circuit reversed the US District Court for the Northern District of California’s dismissal of Tangle’s copyright infringement claim,... Read more »

Individual Songs in Compilation Not Eligible for Separate Copyright Statutory Damages Awards: Fifth Circuit

In UMG Recordings, Inc. v. Grande Communications Networks, LLC, the US Court of Appeals for the Fifth Circuit held that under Section 504(c)(1) of the Copyright Act (17 U.S.C. § 504(c)(1)), a... Read more »
Low-Income Communities Eligible for An Investment Tax Credit

Low-Income Communities Eligible for An Investment Tax Credit

Related Practices & Jurisdictions Thursday, August 31, 2023 The Internal Revenue Service (IRS) and Department of the Treasury earlier this month released final regulations (the “Low-Income Community Bonus Credit Rules”) relating to... Read more »
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