Business Law and Corporate Law

Section 1202 of the US tax code offers qualified small business stock (QSBS) holders the ability to exclude significant capital gains from federal income tax, with recent legislation raising the exclusion cap to $15 million per taxpayer for stock acquired after July 4, 2025. Strategic use of properly structured non-grantor trusts can multiply these tax benefits through "trust stacking" while simultaneously achieving substantial estate tax savings. Cross-border families and multinational founders must coordi

While supporters of the 2026 Billionaire Tax Act (the “BTA”) project approximately $20 billion annually over five years, those projections depend on legal, valuation, and enforcement assumptions...

California's Professional Fiduciaries Act imposes heightened duties on licensed fiduciaries to detect and respond to financial elder abuse within trust estates. When vulnerable adults face exploitation from family members, caregivers...

CME has filed a federal lawsuit challenging the CFTC's approval of Kalshi's bitcoin perpetual contract, raising fundamental questions about whether perpetual contracts should be regulated as futures or swaps. The case centers on allegations that the CFTC violated the Administrative Procedure Act by reversing established policy without adequate explanation, potentially reshaping the regulatory landscape for digital asset derivatives. The outcome will have significant implications for market participants, as

The Securities and Exchange Commission has issued two coordinated proposals that would fundamentally restructure public company compliance requirements and capital formation mechanics.

Ballard Spahr's Consumer Financial Services Group delivers comprehensive legal analysis on mortgage banking, consumer finance, and regulatory developments. This newsletter examines Illinois' new consumer complaint portal, AI shopping bots pushing retail legal boundaries, the FTC's restraining order against a mortgage relief operation, Colorado's opt-out developments, and President Trump's nomination of Brian Johnson to lead the CFPB.

Recent amendments to Mexico’s customs legislation has expanded these obligations to require importers to include additional information and documentation to the electronic file, the electronic value manifest (Manifestación de Valor) and also to share specific documents with the Mexican Customs broker.

On June 3, 2026, President Trump issued Executive Order 14411, “Strengthening Customs Enforcement,” directing the Department of Homeland Security and U.S. Customs and Border Protection to tighten importer eligibility, increase disclosure obligations, and expand enforcement measures across the U.S. import system.

The Securities and Exchange Commission has issued two coordinated proposals that would fundamentally restructure public company compliance requirements and capital formation mechanics.

The Securities and Exchange Commission has issued two coordinated proposals that would fundamentally restructure public company compliance requirements and capital formation mechanics.

The U.S. Supreme Court’s unanimous decision in Sripetch v. SEC marks a significant enforcement development for the Securities and Exchange Commission.

On June 11, the Supreme Court handed closed-end fund sponsors a significant procedural win, holding that Section 47(b) of the ICA does not impliedly empower private parties to bring rescission suits.