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Tag Archives: Clarify
Reps. Davidson and Soto would redefine ‘security,’ clarify use of Howey test and tax treatment in new blockchain bill
By Mark S. Nelson, J.D. A bill introduced by Reps. Warren Davidson (R-Ohio) and Darren Soto (D-Fla) would attempt to add clarity to the securities and tax treatment of digital tokens. Under the Token Taxonomy Act (H.R. 7356), a “digital … Continue reading
Posted in Banking and Finance law
Tagged Bill, Blockchain, Clarify, Davidson, Howey, Redefine, Reps, Security, Soto, Test, Treatment, would
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New York Appellate Court Permits Use of Extrinsic Facts to “Clarify Ambiguous Pleadings” and Establish the Applicability of a Policy’s Auto Exclusion
On October 23, 2018, our Global Insurance Services group hosted an interactive webinar discussing states’ varying interpretations of what is considered “loading and unloading” in the context of a liability policy’s “Aircraft, Auto or Watercraft” exclusion. During that presentation, we … Continue reading