Wealth and Law is a project of attorney Brent Nelson and guests who share their knowledge in an educational, collaborative, and innovative format, with the goal of improving access to important information for professionals and individuals. Brent Nelson is an established and respected thought leader and estate planning and tax partner at Rimon. Explore the…

New developments in AI regulations are very much in the spotlight at the start of 2025. Not only did the provisions of the EU IA Act come into force on 2 February 2025, but France has also fulfilled its commitments made at the Seoul Summit by opening its national institute for AI security and co-chairing…

Effective January 1, 2025, California employers can no longer require employees to use accrued vacation or PTO before receiving state-funded Paid Family Leave (PFL) benefits. This update, made through an amendment to Section 3303.1 of the Unemployment Insurance Code (UIC), reflects a small but meaningful shift in how PFL benefits are administered. Many HR teams and…

A magician’s fake thumb hides an object. The audience believes it’s vanished, but it’s still there, waiting. A voluntary dismissal works the same way—for a while. The lawsuit disappears from the docket. The defendant relaxes. The case is gone. Until it isn’t. In Waetzig v. Halliburton Energy Services, Inc., 604 U.S. ___ (2025), the Supreme Court…

While President Trump is trying to achieve a peace agreement with Russia regarding Ukraine through “muscular diplomacy”, French President Emmanuel Macron, who spoke on behalf of the EU at a joint press conference on 24 February 2025 at the White House, stressed the need to provide “security guarantees” to Ukraine. In parallel, the European Council…

Wealth and Law is a project of attorney Brent Nelson and guests who share their knowledge in an educational, collaborative, and innovative format, with the goal of improving access to important information for professionals and individuals. Brent Nelson is an established and respected thought leader and estate planning and tax partner at Rimon. Explore the…

A significant number of Australian and New Zealand issuers accessed the US capital markets in 2024. We have identified 145 US debt and equity offers that were completed by Australian and New Zealand issuers in 2024, with a median amount raised of A$100 million. The following graph shows the number of debt and equity offers…

In March 2021, the state of New York enacted the Marijuana Regulation and Taxation Act which, among other things, legalized the recreational use of marijuana for persons 21 and over, and which amended certain drug test laws in New York.  While many employees may be happy about the legalization of marijuana in New York, this…

In case you missed it, The AI-Restored Beatles song “Now and Then” won a Grammy for best Rock Performance on Sunday, 5 decades after the group broke up. The song was finished and released last year by The Beatles’ only 2 living members, Paul McCartney and Ringo Starr. Even though both John Lennon and George…

On November 16, 2024, the Clean Slate Act (the “Act”) takes effect. Generally, the Act prohibits New York State employers form inquiring about or discriminating against individuals based on sealed conviction records. The Act provides for the automatic sealing of certain criminal convictions after an individual has satisfied their sentence and the required period of…