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US Treasury Department
The Obama administration said on Friday that it has advised U.S. attorneys in states, where marijuana is legalized, not to prosecute banks and financial institutions that allow legal marijuana stores to open accounts and accept credit card payments. Right…>read more4 Comments February 15, 2014
JPMorgan Chase has been warned by the Treasury Department’s Inspector General Eric Thorson to cooperate with U.S. regulators who are probing the bank’s relationship with Ponzi king Bernard Madoff. A letter from the Treasury Department sent in December 2012 to…>read moreNo Comment January 5, 2013
McKenna Long & Aldridge has hired on four public finance attorneys for its corporate practice in Atlanta. Earle Taylor joins as a partner, and head of the firm’s Public Finance practice. Taylor has participated in public finance transactions in more…>read moreNo Comment August 8, 2009
Tax partner Stephen E. Shay is leaving Ropes & Gray to join the US Treasury as deputy assistant secretary for international tax affairs. Before joining Ropes & Gray in 1987, Shay was international tax counsel for the Treasury. Meanwhile, Mark…>read moreNo Comment August 4, 2009
Wiley Rein has added Douglas Walgren and Nova Daly to its Washington, DC office. Walgren, former Democratic US Representative from Pennsylvania, joins the firm as a consulting counsel. He served on the House Energy & Commerce Committee and the House…>read moreNo Comment June 3, 2009
Thacher Proffitt & Wood, the 160-year-old New York-based law firm, will close forever. The subprime crisis slashed demand for its structured-finance practice, and more than half of its attorneys have left for a competitor. Thacher Proffitt will wind down operations…>read moreNo Comment December 23, 2008