In recent days, state and local governments have been increasingly calling for individuals and business to cease conducting business in the ordinary course in response to the COVID-19 outbreak. Numerous state and local...more
The Situation: The U.S. Department of the Treasury ("Treasury") proposed regulations that for the first time subject certain real estate transactions to the jurisdiction of the Committee on Foreign Investment in the United...more
From the start of his presidential campaign, President Donald J. Trump made America's "crumbling infrastructure" one of his top priorities, promising a $1 trillion investment in the infrastructure sector over a ten-year...more
The Situation: Private activity bonds are issued by or on behalf of states and local governments to finance certain private (or partially private) projects that benefit the public. Usually, interest income from bonds issued...more