The U.S. Tax Court correctly ruled that a San Francisco marijuana dispensary's expenses found to be tied to trafficking in controlled substances aren't deductible, the IRS told the Ninth Circuit, saying such a deduction shouldn't be allowed in determining an amount to settle the business's $3 million tax debt.
The U.S. Tax Court correctly ruled that a San Francisco marijuana dispensary's expenses found to be tied to trafficking in controlled substances aren't deductible, the IRS told the Ninth Circuit, saying such a deduction shouldn't be allowed in determining an amount to settle the business's $3 million tax debt.
Direct purchasers of vaping products are defending their amended complaint in multidistrict litigation alleging that a Chinese vape company conspired with its distributors to fix prices, saying new allegations in their latest complaint show there was more at work in the arrangement than "ordinary" business dealings.
There is simply no way cannabis giant Jushi Holdings Inc. can justify tempting the sellers of a dispensary with a $10 million bonus provided they keep a rival out of town, a would-be Massachusetts operator argued, telling a federal court that the provision is "naked" anticompetitive behavior.
Juul buyers are defending the certification of several classes in a case over tobacco giant Altria's past investment in the e-cigarette company, telling the Ninth Circuit it does not matter if they purchased different quantities on different terms or live in different states.
Seyfarth Shaw LLP has disclosed a recent data breach that exposed the names and Social Security numbers of at least 300 individuals, according to notices filed with the Texas and California attorneys general.
A California federal judge ordered Meta on Tuesday to rereview privilege designations on 300 documents in social media addiction litigation, after plaintiffs' lawyers cited a "culture of privilege abuse" epitomized by Instagram swag hats embroidered with "a/c priv" — the shorthand used to log withheld documents.
U.S. District Judge Thomas L. Ludington is taking a one-year paid leave of absence from the bench following his misdemeanor conviction for drunken driving, the U.S. District Court for the Eastern District of Michigan announced Tuesday.
Womble Bond Dickinson can't withdraw from a trademark feud that's dragged on for more than five years between U.S. and Dutch software companies, a North Carolina federal judge ruled, saying the firm's exit at this late stage "would be completely disruptive."
