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New Law Encourages Cash Donations for Midwest Disaster Relief

WASHINGTON (LAWFUEL) –– Taxpayers who make qualifying cash contributions for disaster relief efforts in the Midwest could benefit from a recently passed law that suspends the percentage-of-income limits that would normally apply when taxpayers deduct the contributions on their 2008 federal tax returns. Under the Heartland Disaster Tax Relief Act, an individual taxpayer who itemizes

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IRS Issues Fall 2008 Statistics Of Income Bulletin

WASHINGTON (LAWFUEL) — The Internal Revenue Service today released the fall 2008 issue of the Statistics of Income Bulletin, which features information on 138.4 million individual income tax returns filed for tax year 2006. Adjusted gross income less deficit (losses) reported for 2006 totaled $8.0 trillion, an 8.2 percent increase from the previous year, while

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Weil Gotshall are among the front runners to do the heavy legal lifting if one of the big auto companies files for Chapter 11.

Auto

Should one of Detroit’s Big Three auto manufacturers go bankrupt, it will be among the largest Chapter 11 filings in U.S. history. So who are the likely candidates for the assignment? The Am Law Daily interviewed several leading restructuring lawyers–most on the condition that they not be named–to find out. The apparent early frontrunner for

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Banking & Finance Turmoil – Yet Solicitors Jobs Available in Banking at LawFuel.co.nz – Online Legal Jobs

The banking and finance crisis hasn’t prevented top law jobs being offered for solicitors seeking banking and finance work. The legal jobs website <a href= LawFuel.co.nz has legal jobs in the banking and financial law area. Check the position <a href= Banking and Finance Law Job

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SEC Chairman Cox Statement on Meeting of IOSCO Technical Committee

Washington, D.C., Nov. 24, 2008 (LAWFUEL) – The International Organization of Securities Commissions (IOSCO) Technical Committee launched three task forces to support G-20 aims following a meeting by teleconference today. The meeting was convened by SEC Chairman Christopher Cox to craft a detailed work program to address the continuing market turmoil, focused on strengthening financial

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Dallas Judge Craig Smith Earns Judge of the Year Award

DALLAS (LAWFUEL) – The Dallas Chapter of the American Board of Trial Advocates (ABOTA), an organization dedicated to the preservation of America’s civil justice system, has named Judge Craig Smith of the 192nd Civil District Court in Dallas as the 2008 “Judge of the Year.” Judge Smith received the award at the organization’s annual meeting

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Reed Smith Adds Fifth New Silicon Valley Partner – Law Firm Newswire

Armando Castro Joins Corporate & Securities/Emerging Companies Practice (Nov. 24, 2008, Palo Alto, Calif. ) – LAWFUEL – Legal Newswire – Strategic growth continues in the new Silicon Valley office of Reed Smith LLP, one of the 15 largest law firms in the world. The latest addition is partner Armando Castro, who joins the Corporate

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Legal Announcements – Davis Polk Advises Novafora on Its Acquisition of Transmeta – Legal Jobs Online at LawFuel.co.nz

Legal Announcements – LawFuel.com – Davis Polk & Wardwell is advising Novafora, Inc. on tax matters regarding its approximately $255.6 million cash acquisition of Transmeta Corporation. Transmeta stockholders are expected to receive between $18.70 and $19.00 for each outstanding share of Transmeta’s common stock, subject to working capital and other adjustments. The transaction is expected

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