Happy National Library Week from our library team to yours! This year’s theme, “Find Your Joy,” focuses on the innumerable ways readers can cultivate joy through their utilization of libraries, inspiring all users to discover what sparks their individual joy.
The Circular 230 Deskbook serves as an essential resource for any tax professional practicing before the IRS. This practice guide is designed to help practitioners comply with complicated 230 amendments with ease, avoiding costly penalties and sanctions.
Chapter 3, Reporting and List Maintenance Requirements, covers the district court holding that section 6011 delegates discretion to the treasury under the phrase “as determined under regulations”
Chapter 4, Circular 230, explains how the decision in Loving has resulted in the IRS withdrawing proposed regulations which would have required specific minimum qualification requirements for preparers
Derivatives Deskbook: Close-Out Netting, Risk Mitigation, Litigation (Second Edition) serves as the definitive guide to navigating OTC derivative contracts. Offering actionable insights and practice-tested legal forms, this comprehensive practice guide provides readers with clarity on key terminology, a deeper understanding of the roles of major global regulators, and best practices for legal risk management in derivatives. It also provides an extensive analysis of close-out netting combined with rare litigation cases from foreign jurisdictions.
Highlights of this release include:
An expanded section titled “Credit Default Swaps” explaining how “naked” CDSs have generated intense controversy and are generally no longer allowed by global regulators (Section 1:2.5)
A revised section expanding upon cross-default in relation to default under specified transactions (Section 2:2.6)
A new section examining the 2022 Amendments to the UCC, including the newly introduced Article 12 governing the establishment and maintenance of a security interest in digital assets (Section 3:9)
A new section covering collateral transfers made through distributed ledger technology (DLT) (Section 3:10)
PLI PLUS offers unlimited electronic access to more than 4,500 downloadable, searchable, and editable legal forms ready for use in your practice. In an effort to highlight this unique content type, we’ve selected one form per month and made it available for anyone to download for free – no subscription required.
Private Equity Funds: Formation and Operation (Second Edition) provides an overview of various fund types, including PIPEs, SPACs, mezzanine funds, and credit opportunity funds, while guiding the reader through the functionality of private equity funds and their regulation. This eighth release expands upon the groundwork laid out in previous editions to continue providing readers with a comprehensive discussion of issues associated with the formation and operation of private equity funds.
Highlights include:
Chapter 1, Introduction to Private Equity Funds, examines recent changes to the field of private equity, including the effects of geopolitical unrest, the development of cryptocurrency, and the integration of artificial intelligence into private equity (Section 1:1.11 and 1:4.10)
Chapter 14, ERISA, includes an updated discussion of the 25% Test, which outlines limitations on ownership by benefit plan investors (Section 14:2.1)
Chapter 15, Anti-Money Laundering, provides updated coverage of the Final AML Rule and an updated examination of the Outbound Investment Security Program (Section 15:2.2, 15:2.3, and 15:2.6)
Chapter 17, Fund Finance, updated coverage of the “Net Asset Value” or “NAV” facilities (Section 17:3)