Perspectives on Nonprofits & Associations

The best benchmark for a company or a bank primarily depends upon the entity’s debt/interest rate swap situation as summarized below. This analysis also touches on the rationale behind the derivatives market’s recent embrace of the move to recommended benchmarks in the US, starting on July 26.

The focus on quantifying LIBOR exposure and related disclosure requirements may be a ‘red herring.’

This article summarizes the significant problems with the LIBOR transition in the US as compared to the UK (and the rest of the world).

For the last 10 years, the State of California has been requiring charities that operate or solicit donations in that state to file a copy of their federal tax return – which discloses the names and addresses of the charity’s major donors – with the State’s Attorney General.

How challenging is LIBOR Transition proving to be in the US structured finance market?

Based upon the records of the New York Fed and the Federal Reserve Economic Data (FRED) of the St. Louis Fed, the level of reverse repo activity on June 17th -18th  reached unprecedented levels.

The 2021 edition of Legal 500 US has rated 49 Arent Fox LLP attorneys as national leaders in their field. In addition, 16 of the firm’s practice areas were ranked among the best in the country.

As part of the transition to SOFR, an advisory subcommittee of the Commodity Futures Trading Commission announced last week it is recommending that interdealers exclusively use SOFR rather than LIBOR for linear derivative trades.

Last week, the Equal Employment Opportunity Commission expanded its technical assistance to address COVID-19 vaccinations. Here are some of the highlights.

On Thursday, reverse repo activity was $485 billion – the highest level in the New York Fed’s available records.

As we enter the COVID-19 vaccine roll-out era, there are still many questions surrounding the healthcare workplace.
Hospitals, healthcare centers, senior living facilities, and long-term care facilities all have unique issues and challenges relating to the needs and safety of employees, patients, a

On April 29, 2021, the Supreme Court of Virginia reversed the dismissal of claims for negligent hiring or retention, vicarious liability, and negligent infliction of emotional distress where a complaint alleged that a retired pastor, who remained associated with his employer, molested a minor.

The transition from LIBOR represents a potential change in the interest rate on a bond.

Arent Fox is hosting a three-part seminar series to bring together senior leadership at nonprofits and associations for interactive discussions of the big issues at play as they plan a return to in-person work and meetings.

Arent Fox Associate Megan (Woodward) Daily spoke as part of the online seminar series “Understanding The Fundamentals of Nonprofit Organizations: An 8-Part Business Law Course For Nonprofit Leaders.”

The petitioners appeared to have a more sympathetic bench and went so far as to say the Attorney General of the State of California was “not genuine” in his position.

This potential expansion of CFIUS’s powers suggests broader congressional concern about attempts by Chinese entities to circumvent CFIUS reviews and access critical technologies.

Join Partner Adam Bowser for the “Higher Education Texting: Regulations & Best Practices” webinar, where he will explain TCPA, the often confusing rules around different types of SMS text messages, and best practices to keep your higher education institution or business compliant.

Two recent antitrust decisions by federal courts offer cautionary tales for businesses and trade associations. The cases involve common antitrust trouble spots: complaints from customers, “bad emails,” and competitor boycotts through what may seem like legitimate trade association activity.

Considerations for businesses continuing remote work.

The United Kingdom’s Financial Conduct Authority announced the future cessation and loss of representativeness of worldwide LIBOR rates.

In recent years, the Commodity Futures Trading Commission (CFTC) filed two actions with facts so shocking the reader is forced to ask, ‘can this be how the industry really functions?’

Currently, charities are only required to disclose the names of their major donors to the IRS – which must keep them under seal – on federal Schedule B.

Recent antitrust activity is instructive for associations to identify and limit key areas of antitrust risk. Here are some highlights from 2020:

In light of the development of a COVID vaccine, employers across all industries are beginning to plan for their employees to return to the workplace.