Estate Planning Considerations for Cryptocurrency Investors
William G. Smith, LL.M. and Brittany E. Cobb, LL.M. Despite its volatile market, cryptocurrency investors are lured by its accessibility, skyrocketing gains, purchasing autonomy and anonymity, and the lack of governmental oversight. Particularly, the purchasing anonymity and lack of governmental oversight has led to major consequences for investors and their heirs and beneficiaries. When an owner of cryptocurrency dies without taking the appropriate steps to ensure their virtual wealth is identified and
Cryptocurrency 101: Getting Up To Speed
By David E. Bowers, LL.M. and Brittany E. Cobb, LL.M. Almost overnight Bitcoin took the financial market by storm as it became the first successful cryptocurrency exchange in the United States in 2009. The success of Bitcoin has spawned new cryptocurrencies, such as Ethereum, Tether, and Binance Coin, to name a few. While cryptocurrency was once touted as being a vehicle for illicit activities, digital currency has, for some time now, been recognized as a legitimate form of payment, and many
Adapting Distressed M&A Due Diligence Practices in the Age of Covid-19
By Kevin T. Lamb, Corporate Law Senior Counsel and Hanna B. Rubin, Intern, 2020 Summer Associate Program In a year that has come to be defined in large part by a global pandemic, many businesses have faced challenges they were not prepared to weather. As a result, mergers and acquisitions involving distressed companies (commonly known as “distressed M&A”) have increasingly attracted the attention of legal and financial industries. Entities that “thrive” amidst the challenges “will have the opportunity to
Construction Defense 101 – It’s All About the Budget
By Robert W. Wilkins Best practices for defense counsel when working with insurance adjusters in construction cases A typical construction project involves the owner, the design professionals (architects and engineers), the general contractor, and numerous subcontractors. When something goes wrong and litigation ensues, there are many potential defendants. Which of these defendants you represent affects how you evaluate your litigation strategy. Regardless whom you represent, one challenge is universal:
