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Kleinberg Kaplan Joins Global Legal Blockchain Consortium

Premier boutique law firm Kleinberg Kaplan announced that it has joined the Global Legal Blockchain Consortium (GLBC), a group comprised of over 230 companies, law firms, software companies, and universities developing standards to govern the use of blockchain technology in the business of law. “The application of blockchain technology is transforming many industries and holds…

Firm News | July 23, 2019 | Emerging Companies & Venture Capital

Carried Interest Taxation – IRS Issues Notice 2018-18 Stating it Intends to Issue Regulations that “Corporation” does not include an S Corporation

On March 1, 2018, Notice 2018-18 was released, announcing that the Department of the Treasury and the Internal Revenue Service (the “IRS”) intend to issue regulations providing guidance on the application of Section 1061 of the Internal Revenue Code, which relates to the taxation of carried interest. The Notice further announced that the regulations will…

Client Alerts | March 1, 2018 | Emerging Companies & Venture Capital | Hedge Funds