MILES POLLEY—Two things are certain in life: death and taxes. Nonetheless, how much taxpayers pay in taxes remains up for debate, especially given the pending Supreme Court case Moore v. United States. The Constitution sets up two avenues of taxation: indirect and direct. To be constitutional, an indirect tax must be uniform across the country, […]
ALESSANDRA LORA—On February 26, 2024, the Federal Trade Commission (“FTC”) sued to block the proposed merger of supermarket giants, Kroger and Albertsons. As the largest proposed merger in the supermarket industry with Kroger’s $24 billion acquisition of Albertsons Companies, the FTC claims the proposed deal is monopolistic, which in turn will lead to decreased competition. […]
ADDIEL PEREZ—The Environmental Protection Agency (“EPA”) recently enacted a groundbreaking methane emissions regulation, published on March 8th, 2024. This swiftly became a focal point of legal contention. Texas and other states have launched a lawsuit challenging the EPA’s authority to implement such stringent measures. This development spotlights the ongoing battle between federal environmental initiatives and […]
JULIANNE RUDKIN—Reddit, the online forum, officially filed for its Initial Public Offering (“IPO”) last month under the ticker symbol “RDDT,” making it one of the largest social media companies to go public since Snap Inc. in 2017. The journey marks a pivotal moment in the company’s history and a significant test for the US stock […]
JACK COSTELLO—The Supreme Court declined to halt a bankruptcy settlement for the Boy Scouts of America, rejecting an Application for a Stay of the Bankruptcy Plan posited by 144 victims of the national organization’s child sexual abuse scandal. The Court’s decision lifted a temporary order, which had temporarily blocked the settlement from moving forward while […]
