Earlier this week it was announced by the Securities and Exchange Commission (SEC) that it had settled with Block.one, creator of EOS, regarding allegations of issuing unregistered securities during an initial coin offering (ICO) that raised a record-breaking $4 billion. The fine assessed by the SEC was a mere $24 million. Chump change in comparison to the billions collected…

Rimon partner, Stephen Diaz Gavin, argued on behalf of Native American tribes against the federal government in the US Court of Appeals for the DC Circuit. Stephen represented a consortium of Indian Tribes, including the Crow Creek Tribe and the Omaha Tribe of Nebraska, arguing that the court should overturn rules adopted by the Federal Communications Commission…

The Tax Court recently issued a decision that may solidify its position on certain issues in the cannabis industry and how these businesses must approach deductions. Click here to read the article. About Melinda:  Melinda Fellner focuses her practice on tax matters including federal, state and international tax. Ms. Fellner’s experience includes business structuring, acquisitions and…

The SEC’s Division of Enforcement has indicated that one of its focuses for 2018 was on retail investors. This focus has translated into increasing number of cases involving investment advisers. According to the Enforcement Division’s recently published reports, cases involving investment advisers and investment companies were the second largest group of actions in the last…

Marriott’s purchase of Starwood Hotels & Resorts turned out to be more costly than expected: in a recent FCC consent decree, Marriott agreed to pay a fine of $504,000 for failing to obtain FCC consent to transfer radio station licenses controlled by Starwood before the purchase was finalized. Using this and other examples, Stephen Diaz…

The increasingly digital nature of the world economy is changing not only models of commerce, but also how governments seek to tax economic activity that is conducted over the Internet.  How does the government of country Y tax the company that is physically located in country X, sells goods or services in country Y and then…

Last year, AT&T proposed an acquisition of Time Warner under which AT&T will acquire Time Warner in a stock-and-cash transaction valued at $107.50 per share. The two parties had structured the deal so that no airwave licenses would be transferred, thus avoiding review by the FCC. However, by avoiding the public scrutiny of the FCC review process, AT&T…