Foley Partner Michael Bailey was quoted in an article that appeared in The Bond Buyer on June 10, 2010 titled “Proposal Would Reduce BAB Subsidies for VCAP Users.” He discusses recommendations made by the Advisory Committee on Tax-Exempt and Government Entities (ACT) for improving the IRS’ voluntary closing agreement program (VCAP). Bailey, who is chairman of ACT, states that the committee wants the IRS to provide issuers of Build America Bonds with assurance that inadvertent violations of tax law requirements will be resolved on a reasonable and proportionate basis. He adds that the IRS could adopt the recommended changes to the VCAP program quickly by incorporating them into the Internal Revenue Manual that is used by agency officials and agents.
23 February 2024 In the News
Christopher Swift Comments on New U.S. Sanctions Against Russia
Foley & Lardner LLP partner Christopher Swift is quoted in the CBS article, “U.S. issues hundreds of new Russia sanctions over Alexey Navalny's death and war in Ukraine.”
22 February 2024 In the News
Louis Lehot Authors Article on the Business of Space Tourism
Foley & Lardner LLP partner Louis Lehot authored The Recorder article, “An M&A Lawyer's Insight Into Earth's Challenges From Outer Space,” exploring the growing business of space tourism and the plans underway for expanding this novel form of escape.
21 February 2024 In the News
Kate Gehl and Paul Piaskoski Author Article on FTC Approach to AI
Foley & Lardner LLP partner Kate Gehl and associate Paul Piaskoski authored the IP Litigator article, “FTC Weighs in on Threats to Competition from Artificial Intelligence in Comment to U.S. Copyright Office,” exploring the U.S. Federal Trade Commission’s approach to the emerging technology.