When tax-exempt or non-U.S. taxpayers invest in U.S. businesses, unwanted and unintended U.S. tax obligations can follow without careful planning. Blocker corporations have become a common strategy employed...
Obtaining a Phase I environmental site assessment (ESA) is essential to conducting environmental due diligence for commercial real estate transactions. The goal of a Phase I ESA is to evaluate readily...
Artificial intelligence (AI) tools and resources are inundating the news, social media, professional seminars, and inboxes. AI is part of every conversation across industries and professional services...
Do you need guidance in defending against claims brought under the recently overhauled California's Private Attorneys General Act (PAGA)? Read Private Attorneys General Act in California: Defending...
Confidently present your case in chief to the Trademark Trial and Appeal Board (TTAB) with this opening trial brief that an opposer/petitioner (plaintiff) may use in an opposition or cancellation proceeding...
The U.S. Securities and Exchange Commission (SEC) frequently focuses its examination and enforcement efforts on how private fund managers disclose the allocation of fees and expenses to investors. Since 2012, the start of the SEC’s Presence Exam Initiative, the SEC’s Office of Compliance Inspections and Examinations (OCIE) routinely makes fee and expense disclosures and practices one of the areas of greatest scrutiny with respect to private fund managers. In addition to satisfying fiduciary obligations as investment advisers under Investment Advisers Act of 1940, private fund managers should also be mindful of the demands of institutional investors for increased transparency regarding fees and expenses, and be sure that disclosures are clear, practices are transparent to investors, and that fee and expense policies are followed by employees and service providers alike.
READ NOW »
Related Content
Practical Guidance Updates Featuring the latest updates from your Practical Guidance account.
Experience results today with practical guidance, legal research, and data-driven insights—all in one place.Experience Lexis+