Court of Appeals

• 

  Ruling Forces Advisors to Pick Appropriate Fund Share Classes

  By Melanie Waddell, AdvisorOne  |  May 3, 2013

  It's a potentially daunting task since some funds may have 10 or more share classes, says ERISA guru Fred Reish.

• 

  Charitable Giving

  By Tax Facts Online  |  March 4, 2013

  Charitable giving can reduce your clients’ tax liabilities. However, the general and verification rules for the deduction of charitable gifts must be understood in order to take full tax advantage of such gifts.

• 

  Fund Industry Challenges CFTC Registration

  By Melanie Waddell, AdvisorOne  |  February 8, 2013

  The mutual fund industry, with help from some former SEC officials, is fighting back over a rule adopted by the CFTC that will force many funds to register with it.

• 

  Leave an Employer, Roll Over Into an IRA and Then Early Withdraw? No Exception, Court Rules

  By Richard Niles, J.D., Senior Editor, Tax Facts Online  |  July 13, 2012

  Appeals court upholds an early distribution penalty for a taxpayer who withdrew money from a rollover IRA.

• 

  New York Appeals Court Gives SEC-Citigroup Deal New Life

  By Larry Neumeister, Associated Press  |  March 16, 2012

  A federal appeals court said Judge Rakoff likely overstepped his authority when he blocked the SEC's $285 million settlement with Citi over toxic mortgage securities.

• 

  Judge Rakoff Berates SEC Again in Citigroup Case

  By Marlene Y. Satter, AdvisorOne  |  December 30, 2011

  Federal Judge Jed S. Rakoff is not pleased with the Securities and Exchange Commission again. Nor is he happy with Citigroup, as he accused both the agency and the financial institution late Thursday of making an end run around his decision not to delay the court case against Citi by...

• 

  SEC Wins Delay in Citigroup Case

  By Marlene Y. Satter, AdvisorOne  |  December 28, 2011

  The Securities and Exchange Commission on Tuesday was granted a two-week delay in its securities fraud case against Citigroup as it seeks to have a judge's decision to toss its settlement with the bank reversed.

• 

  Sidestepping Income Tax When a Policy Is Canceled With Outstanding Loans

  By William H. Byrnes, Esq., Robert Bloink, Esq., LL.M.  |  September 15, 2011

  Insolvent insureds can avoid income tax when a life insurance policy is terminated while loans are outstanding.

• 

  Appeals Court Greenlights Charitable Formula Clause

  By William H. Byrnes, Esq., Robert Bloink, Esq., LL.M.  |  August 19, 2011

  The 9th U.S. Circuit Court of Appeals recently upheld the validity of a charitable formula clause.

• 

  California Appeals Court Holds STOLI Law Isn’t Retroactive

  By William H. Byrnes, Esq., Robert Bloink, Esq., LL.M.  |  June 10, 2011

  The impact of the court ruling on a Lincoln Life policy: Does the 2009 anti-STOLI law apply to your clients’ policies?