Lessons from the Tax Court: Smaldino v. Commissioner
A recent Tax Court case, Smaldino v. Commissioner, T.C. Memo. 2021-127, provides important lessons on gifting. The Tax Court found that Louis Smaldino understated the size of his gift to a trust set up for his children because he never effectively transferred a portion of the assets to his wife…
Water Enforcement: Arkansas Department of Energy and Environment - Division of Environmental Quality and Pulaski County Waste Transportation Services Operator Enter into Consent Administrative Order
December 20, 2021
by Walter G. Wright, Jr.
The Arkansas Department of Energy and Environment - Division of Environmental Quality (“DEQ”) and TAS Environmental Services, L.P. (“TAS”) entered into a November 18th Consent Administrative Order (“CAO”) addressing an alleged violation of Ark. Code Ann. § 8-4-217(a)(2). The CAO provides that TAS…
Hazardous Waste Enforcement: U.S. Environmental Protection Agency and Bristol, Pennsylvania, Manufacturing Facility Enter into Consent Agreement
December 20, 2021
by Walter G. Wright, Jr.
The United States Environmental Protection Agency (“EPA”) and C-P Flexible Packaging (“C-P”) entered into a September 30th Consent Agreement (“CA”) addressing alleged violations of the Pennsylvania regulations addressing hazardous waste. See Docket No. RCRA-03-2021-0091. The CA provides that C-P…
Municipal Solid Waste Landfills: Environmental Organizations Notice of Intent to Sue U.S. Environmental Protection Agency for Alleged Failure to Revise Emission Factors
December 20, 2021
by Walter G. Wright, Jr.
Three environmental organizations sent a December 9th Notice of Intent to Sue (“NOI”) to the United States Environmental Protection Agency (“EPA”) alleging a failure to perform nondiscretionary duties required by the Clean Air Act. The organizations signing the NOI include: Environmental Integrity…
The Texas Department of Insurance Adopts New Reinsurance Rules
December 17, 2021
by Burnie Burner
The Texas Department of Insurance has taken the next step in implementing the Covered Agreement requirement by adopting rules relating to reciprocal reinsurers with the effective date of the rule on January 1, 2022. S.B. 1689 which adds the reciprocal reinsurer provisions to Texas law will become…