United States: A Narrow Interpretation Of Section 546(e) - Cadwalader, Wickersham & Taft LLP
Law360, New York (April 01, 2013, 1:10 PM ET) -- FCStone, a New York-based commodities brokerage firm, was recently ordered to return a transfer of $15.6 million to the bankruptcy estate of Sentinel Management Group.
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United States: Court Finds Investment Advisor’s Payments To Customers Are Not Exempt From Avoidance Under Section 546(e) Of The Bankruptcy Code - Cadwalader, Wickersham & Taft LLP
FCStone, a New York-based commodities brokerage firm, was recently ordered to return a transfer of $15.6 million to the bankruptcy estate of Sentinel Management Group.
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wickersham
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United States: CMS Publishes Physician Payment Sunshine Rules; Manufacturers And Group Purchasing Organizations Are Required to Submit Detailed Annual Reports - Duane Morris LLP
On February 1, 2013, the Centers for Medicare and Medicaid Services (CMS) published the long-awaited rules (the "Rules") detailing manufacturers' and group purchasing organizations' reporting requirements under Section 6002 of the Affordable Care Act, otherwise known as the Physician Payment Sunshine Act (the "Act").
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United States: IRS Concludes Exchangeable Debt Was Part Of A Straddle - Grant Thornton LLP
The IRS has concluded in an internal legal memorandum that certain debt instruments issued by a taxpayer constituted an offsetting position in a straddle under Section 1092 and the regulations.
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United States: IRS Establishes A Section 403(b) Pre-Approved Plan Program - Grant Thornton LLP
The IRS announced in Rev. Proc. 2013-22 that it will start accepting applications for opinion and advisory letters for both prototype and volume submitter Section 403(b) plans on June 28, 2013.
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