Publications & Presentations
We encourage you to peruse this Publications & Presentations section for timely analysis and industry insights, including bylined articles, client alerts, white papers, practice and industry newsletters, audio and video broadcasts, featuring interviews with our lawyers, as well as case studies highlighting compelling legal challenges our clients have faced.
Also, please visit our Events page to learn more about upcoming seminars, CLE programs, and other presentations which may be of interest.
Florida Court: Bitcoin Isn’t “Money”, and Selling It Isn’t “Transmission”
Authors: Marco A. Santori, Deborah S. Thoren-Peden, Naresh C. Lall
A Florida criminal court has exonerated a defendant charged with violating state money transmission and money laundering laws.
Proposed Section 2704 Regulations
Authors: Micah J. Miller, Melinda B. Barker, Jennifer Jordan McCall, Kim T. Schoknecht, Elizabeth H.W. Fry
On August 2, 2016, the Treasury Department released proposed regulations amending and expanding upon the current regulations to Internal Revenue Code Section 2704. The proposed regulations, if adopted, would affect the valuation of interests in family-owned businesses transferred among family members by eliminating certain discounts currently recognized under the law.
FCC Enforcement Monitor
Authors: Scott R. Flick, Jessica T. Nyman, Joseph A. Cohen
- Spoofed Calls Lead to Multiple $25,000 Fines and Ongoing Criminal Case
- Amateur Radio Licensee Fined $25,000 for Intentional Interference
- Failure to Timely Request STA Results in $5,000 Fine and Shortened License Term
Brexit Board Briefing
Author: Tim Wright
The world is awash with uncertainty about Brexit. We imagine that you, like most, are sorting through it all. Pillsbury is here to help. Our dedicated Brexit Team is monitoring developments and weighing the legal risks and opportunities that will likely arise from the impending UK withdrawal. For now, rather than wax on about things that are not yet knowable, we have created a high level briefing. This is a basic primer for executives and directors, outlining in plain English some of the critical short- and long-term legal issues that entities conducting business across borders will likely need to consider as a result of the Brexit vote.
FinCEN Expands Scope of “All Cash” GTOs
Anti-Money Laundering Efforts Continue to Target the Real Estate Sector
Authors: Carolina A. Fornos, Mark R. Hellerer, Christine A. Scheuneman, Amanda Senske
Continuing its efforts to deter the use of real estate as a vehicle to launder proceeds of criminal activity, the Financial Crimes Enforcement Network (FinCEN) recently announced its plan to extend the reach and time frame of its existing Geographic Targeting Orders (GTOs) targeting “all cash” real estate deals. The new GTOs expand reporting requirements of “all cash” real estate purchases in Manhattan and Miami-Dade County by also including all New York City boroughs (Brooklyn, Queens, the Bronx and Staten Island), Broward and Palm Beach counties (just north of Miami, Fla.), as well as Bexar County, Texas and Los Angeles, San Diego, San Francisco, San Mateo, and Santa Clara counties in California. The new GTOs will begin on August 28, 2016, and continue for another 180 days. During that period, U.S. title insurance companies will be required to identify the natural persons behind shell companies and other entities used to engage in “all cash” purchases of luxury real estate.