Texas criminal law firm challenges an IRS rule; what's in a name? Just about everything, according to some criminal lawyers

Article Abstract:

A case filed by DeGuerin and Dickson arguing that the attorney-client privilege is reasonable cause for a failure to comply with the cash-transaction reporting requirements of TRS form 8300 is discussed. The form requires that law firms name the clients having made cash payments of $10,000 or more in legal fees.

Taxes, Taxation, Cover Story, Tax appeals, Attorney-client privilege, Costs (Law), Legal fees

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Setting standards for future asbestos liabilities; two courts addressed this complex and important area of law

Article Abstract:

Two bankruptcy court decisions setting the standards for future asbestos liabilities, In re Babcock & Wilcox Co. and In re W.R. Grace and Co. A key question in these rulings was which law to apply to determine whether future claims represented cognizable injuries.

Finance, Asbestos industry, Bankruptcy reorganizations, Bankruptcy reorganization, Company bankruptcy

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