For U.S. tax purposes, digital assets are considered property, not currency. A digital asset is stored electronically and can be bought, sold, owned, transferred, or traded. The tax definition of a digital...
Manufactured housing communities (MHCs), also commonly referred to as mobile home parks, continue to increase in popularity, while state and local regulations governing them also continue to expand. Read...
Parties come together to form joint ventures when all involved believe that they will have greater success working cooperatively on a specific project, product, or business than they would have if they...
Learn best practices for advocating on behalf of your FDA-regulated clients in light of the new legal paradigm introduced by the Supreme Court’s decisions in Loper Bright and Corner Post . Read...
Do you need to learn about potential legal and business risks stemming from the use of artificial intelligence (AI) tools to manage employee performance and make employment decisions (e.g., screening,...
Learn about the various ways that intellectual property owners can exploit the burgeoning non-fungible token (NFT) market, estimated to have exceeded sales of $17.7 billion by the end of 2021, and enter the metaverse while avoiding common pitfalls. This practice note explains NFTs and the blockchain, and distributed ledger technology underlying NFTs. It covers the difference among types of tokens, how NFTs are minted and sold, and strategic considerations for use of NFTs. Common uses of NFTs are explored from sales of collectibles or artwork, to access to special events, to entering a completely virtual world to utilizing NFTS to track real world goods.
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