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International Restructuring Newswire
Welcome to the Q2 2024 edition of the Norton Rose Fulbright International Restructuring Newswire.
For crypto enthusiasts, one of the burgeoning technology’s great appeals is its international reach. For litigants, though, one of its great hurdles may be that same international reach. The U.S. Court of Appeals for the Second Circuit’s recent non-precedential summary order in Barron v. Helbiz, 2021 WL 4519887 (2d Cir. Oct. 4, 2021), grapples with this point and addresses some of the challenges that can be made on extraterritoriality grounds to applying U.S. federal and state law in the cryptocurrency context. How far is too far when it comes to litigating crypto in the United States?
Robert A. Schwinger explores recent developments in this edition of his New York Law Journal Blockchain Law column.
Download the full New York Law Journal article, "Out to sea? Extraterritoriality challenges in US crypto litigation."
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Welcome to the Q2 2024 edition of the Norton Rose Fulbright International Restructuring Newswire.
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The Canadian Federal Budget 2024 proposes to broaden the scope of certain powers allowing CRA to request information from taxpayers, and sets out new consequences for non-compliant taxpayers.
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The alternative minimum tax is an additional income tax imposed under the Income Tax Act on individuals and certain trusts who would otherwise be able to reduce their ordinary Canadian federal income tax through the use of certain deductions, exemptions or credits.
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