Conference on Ethics –When Tax Issues Arise Registration is open for the NABL Conference on Ethics – When Tax Issues Arise. The conference will be held on Wednesday, December 3, from 1:00 to 3:00 p.m. eastern time, at the NABL Governmental Affairs Office in WashingtonD.C. The conference will explore the ethical considerations for lawyers when tax issues arise in financings, whether in pre-issuance due diligence, upon a tax audit, or in post-issuance compliance. Register Here Bond Case Briefs Case of the Week What if your client has been engaged in wrongdoing and files for bankruptcy; and the bankruptcy trustee sues you for allegedly not having told the client to cease its conduct. Your defense, according to the Tenth Circuit, may lie in the "in pari delicto" doctrine that "a plaintiff's recovery may be barred by his own wrongful conduct." And, said the court, the defense is available even in bankruptcy proceedings. Mosier v. Callister, Nebeker & McCullough (11/13/08) http://www.ca10.uscourts.gov/opinions/07/07-4238.pdf To review on this website caselaw as to bond counsel malpractice exposure, use topics Ethics, Malpractice + Bonds--All Cases Posted by C. Carlson, 11/18/08 NABL Submits Recommendations on Bond Regulations in Current Market Conditions On October 6, 2008, NABL submitted recommendations to Treasury relating to bond regulations relevant to transactions in the current market conditions. The comments can be found on the NABL web site here. NABL Comments on Public Approval Guidance for Tax-Exempt Bonds On October 15, 2008, NABL submitted comments to Treasury and the IRS relating to the proposed regulations on public approval guidance for tax-exempt bonds under section 147(f) of the Internal Revenue Code. The comments can be found on the NABL web site here. 2009 Governmental Affairs Summer Internship Resume Drop Event The Resume Drop Event takes place on November 24, 2008, 4:30-6:00 pm, in Washington, D.C. R.S.V.P. by Wednesday, November 19, 2008. The NABL Governmental Affairs Summer Internship Program is supported by the NABL Diversity Initiative. All qualified applicants, especially diverse candidates, are encouraged to apply. More details here. |
