A Harvard Medical School research assistant who has served as a U.S. judge for 23 years now finds herself at the center of the Boston Marathon bombing case, and by extension the post-Sept. 11 issue of whether, and when, suspected terrorists deserve constitutional rights.
Shearman & Sterling LLP is closing its Dusseldorf and Munich offices, leaving the firm with one German office, in Frankfurt. The firm’s German corporate/mergers and acquisitions, finance/tax and disputes/arbitration work will be consolidated in Frankfurt, the firm said in a statement.
President Barack Obama’s latest plan to raise tax revenue from wealthy individuals would pinch tax- favored retirement accounts of some private-equity executives and self-employed professionals by capping them at $3 million.
Congress is debating the biggest rewrite of U.S. partnership rules in 60 years, which may lead to higher taxes for real estate and finance businesses or prompt them to restructure operations to avoid new costs.