Inset: This post was co-authored by Joe Wallin, a partner in the Seattle, Washington office of Carney Badley Spellman and Jonathan Wilson with the FinCEN Report. Original post found here. The Corporate Transparency Act (CTA) took
By: Amy C. Weston, Privacy Attorney After much negotiation, in late 2023, lawmakers in the EU reached political consensus on the contents of the much-hyped Artificial Intelligence Act (AI Act),
Earlier this month the U.S. privacy community received welcome news on the GDPR compliance front. On July 10, the European Commission adopted its adequacy decision on the EU-U.S. Data Privacy Framework (DPF), a shiny new self-certification program available to U.S. companies who receive or otherwise transfer personal data of EU residents. It replaces . . .
Carney attorney, Mark Rosencrantz is one of the attorneys representing REX, in REX v Zillow lawsuit. A U.S. judge on Tuesday said Zillow Group Inc (ZG.O) Chief Executive Rich Barton can be questioned in a rival real estate platform’s antitrust lawsuit in Seattle federal court, over an objection that he has no material involvement in the issues in the case . . .
Washington State is on track to pass a far-reaching new piece of legislation in the upcoming weeks. The “My Health My Data” Act (House Bill 1155), if signed into law, will take effect starting on March 31, 2024. The title of the law implies that it will only apply to health care related industries, when in fact the law . . .
Severance agreements have traditionally included confidentiality clauses that allow employers to keep the terms of the agreement, including the amount paid, confidential. This is particularly true when an employee has asserted claims that are waived as part of the severance agreement. However, recent legislation in . . .
In 2021, the Washington State legislature enacted a new tax on the sale of long-term capital assets. In March 2022, the Douglas County Superior Court ruled the new tax is invalid because it violates the state constitution. That decision has been appealed to the Washington State Supreme Court . . .
For Washington business owners looking to sell, the possibility of paying an additional 7% capital gains tax is concerning. For owners that sold in 2022, their payments are due on April 18, 2023, while the Washington state Supreme Court considers the constitutionality of the new tax. The 7% Washington tax . . .
The FTC is currently seeking public comment on the proposed rule, which is due 60 days after publication in the Federal Register. After the comment period closes, the FTC will consider the comments, and then may adopt and publish a final rule. The proposed rule would go into effect 180 days after the publication of the final rule . . .
C-A-L Ranch Stores, a leading farm and ranch retailer, announced a definitive merger agreement with Coastal Farm & Home, another leading ranch and country lifestyle retailer. Nolan Capital, the majority partner of Coastal, will retain a majority stake of the newly combined company, which will operate 54 retail locations across 6 states . . .
