Getting into the Weed(s): Representing Marijuana Businesses in Tax Matters

Sonya Bishop (LAW ’18) of Baker & McKenzie co-authored an article with Ethan Kroll, Stewart Lipeles, and Julia Skubis Weber discussing the need for change in federal money laundering laws criminalizing tax practitioners from representing marijuana enterprises that operate legally under state law.

New York Court of Appeals Holds No Bankruptcy Preemption of Lender Tort Claims Against Related Third Parties

The State of New York Court of Appeals has held that claims against non-debtor related parties, based on their actions to aid or induce Chapter 11 debtors to breach contractual loan covenants, were not subject to preemption under federal bankruptcy law.