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U.S. Department of Commerce Issues Expanded Notice of Funding Opportunity Under the CHIPS Act

On Sept. 29, 2023, the U.S. Department of Commerce announced a second Notice of Funding Opportunity (NOFO) under its CHIPS and Science Act. This opportunity builds upon the previous announcement made in June of 2023 and...more

Do National Banks Have to Pay Interest on Mortgage Escrow Accounts?

On Oct. 13, 2023 the U.S. Supreme Court granted certiorari in Cantero v. Bank of America, 49 F.4d 121 (2d Cir. 2022), allowing the Court to confront an unsettled issue of national concern: whether laws governing mortgage...more

Treasury Department Publishes Notice of Proposed Rule Making for the Advanced Manufacturing Investment Credit

On March 23, 2023 the U.S. Department of Treasury (Treasury) and the Internal Revenue Service (IRS) published the proposed rules for the implementation of the Advanced Manufacturing Investment Credit (Credit), also known as...more

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