This week for Insights I wrote about the new "junk food law" in #Colombia that carries with it an interesting ultra-processed food tax. The goal is to use the revenue generated by said tax to subsidize healthier options. The #VAT system means it would result in the prices on healthy options at the shelf being lower. Pretty cool.
It will target ultra-processed foods with an additional 10% surcharge, which will increase to 20% in ’25.
Fri 11/17 - Wall Street Firms Build #DEI Practices, Louisville Breonna Taylor Mistrial, Macy*s PAGA to 9th Circuit and CA Bar Passes AI Guidelines
We have Wall Street firms building out diversity, equity and inclusion practices, a mistrial in Louisville civil rights trial against Breonna Taylor shooter, Macy*s brings PAGA back to 9th circuit, and the #CA bar passes guidelines for use and billing of AI.
“This day in legal history, November 16, 1973, President Nixon signed the Trans-Alaska Pipeline Authorization Act. This Act marked a significant shift in the nation's approach to energy resource development and environmental policy. By sanctioning the construction of an 800-mile oil pipeline from Prudhoe Bay to Valdez, the Act aimed to alleviate the 1973 oil crisis by tapping into the vast oil reserves of Alaska's North Slope.”
"On November 14th, in the context of legal history, the story of Ruby Bridges stands out as a pivotal moment in the civil rights movement, particularly in the desegregation of American schools. Born on September 8, 1954, … Ruby Bridges became a symbol of the civil rights movement … when she became the first African American child to integrate an all-white elementary school in the South, specifically William Frantz Elementary School in New Orleans.”
Tues 11/14 - SCOTUS "Code" "of" "Ethics," Special Counsel Says Trump Wants a Carnival, BK Judge Ethics Fallout, NYC Real Estate Brokerage Sued and Amazon <3s Casino Apps
#SCOTUS adopts a nonbinding, voluntary, code of ethics, Special counsel says #Trump is trying to start a carnival in court, more bankruptcy judge ethics fallout, #NYC real estate brokerages and #Amazon sued.
In this weeks column I outline the utter failure the #TCJA has been from the perspective of combatting offshoring of profits and suggest a simple alternative.
“As the calendar flips over to 2024, the TCJA’s shortcomings are laid bare—but there’s a potential path forward in the form of a global minimum tax. It won’t get rid of offshoring, but it reimagines tax policy toward a recognition of a global, interlinked system of policies.”
Mon 11/13 - Fortnite Dance Copyright Suit, ASC 606 Here to Stay, Trump Wants TV Cameras in Courtroom and CA Bar Passage is Down
We have a #Fortnite choreography suit revived, revenue rules are a hassle but no changes are coming, #Trump wants TV cameras in the courtroom, and the CA bar passage rate takes a down turn.
Weds 11/8 - Big Law Bonus, Cravath Nonequity Partnership, Ivanka to Testify, WeWork Bankruptcy, Amazon Antitrust Defense Preview and Column on Estate Tax and George Steinbrenner
#BigLaw bonus season begins, #Cravath adds a nonequity partner tier, #Ivanka to testify in #Trump trial, #WeWork wants to restructure, #Amazon previews its antitrust defense plan and a column on the estate tax.
I managed to (albeit obliquely) reference #Seinfeld and #baseball in my column this week on the federal estate tax. High water mark, career-wise.
"Steinbrenner died in 2010 during a period where there was no federal estate tax. The rate was 45% a year prior and 55% the year after. Steinbrenner saved his inheritor sons at least $495 million dollars.
...
A more speculative investment, such as Apple Inc., would see their holdings balloon to $28 billion.”
Thurs 11/2 - DJTJ Says He Didn't Do Nuttin', Judges Defeat Misconduct Claim, Dunkin' Settles Vapin' Donuts Case and Tesla Wins its First Autopilot Suit
We have Donald #Trump Jr. claiming a minor role in Dad’s company, judges defeat misconduct claims in racist accusation, #Dunkin’ settles “Vapin’ Donuts” case and #Tesla wins its first ‘Autopilot’ suit.
Interested in studying the European Court of Justice using empirical methods, but not sure how to get started? Look no further! ⚖️📈
I have written an introductory guide to studying the work of the #CJEU using #rstats, guiding you through all the steps from downloading the data to producing figures such as the ones attached (using #ggplot2).
Did you know that the "Corpus of Decisions: International Court of Justice" is also available in a variant specially prepared for international law practitioners and #Jessup competitors?
It contains the PDF files of all ICJ majority opinions with greatly enhanced OCR!
Mon 10/30 - SCOTUS Considering who can be Blocked, Biden Exec. Order on AI, Trump Ballot Disqual. in CO, CA Assault Rifle ban Upheld and UAW Wins big
#SCOTUS considering who public officials can block on social media, Biden executive order on #AI, #Trump’s ballot disqualification trial in #CO, appeals court upholds #CA assault rifle ban, #UAW wins big.