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Northeast States See Surge in Plans for Offshore Wind Projects, But Developers Must Address Remaining Barriers
  • Sullivan & Worcester LLP
  • USA
  • June 18 2018

As previously discussed, offshore wind is well-developed outside the United States. In Europe, the first offshore wind facility was installed in 1991


Governor Baker Proposes Tax Changes to Address Federal Reform, Wayfair Case
  • Sullivan & Worcester LLP
  • USA
  • June 13 2018

In a supplemental appropriations bill for FY 2018, Governor Charlie Baker has proposed amendments to Massachusetts tax law that would deal with the


A Step Bank from the BrinkAgnes Martin Authentication Board Prevails in Court
  • Sullivan & Worcester LLP
  • USA
  • June 4 2018

The decision by a New York court last month in favor of the Agnes Martin Catalogue Raisonné; (AMCR) in a lawsuit by the Mayor Gallery Ltd in the


What Does the Dodd-Frank Relief Bill mean for Enhanced Prudential Standards for Foreign Banks?
  • Sullivan & Worcester LLP
  • USA
  • May 25 2018

On May 23, Congress passed a bill to revise Dodd-Frank to reduce regulatory burdens on banks. Just as with the original Dodd-Frank Act, the real work


Bill Introduced in U.S. House of Representatives Would Impose Money Laundering Reporting Requirements on Art Dealers
  • Sullivan & Worcester LLP
  • USA
  • May 24 2018

Casting aspersions about the art market is a popular pastime. And no doubt there is much about the commercial art world that invites this criticism


New Court of Arbitration for Art to Launch in June, Offers Exciting Opportunity for the Art Market
  • Sullivan & Worcester LLP
  • USA
  • May 17 2018

The recent announcement of the launch of the Court of Arbitration for Art (CAA) is exciting and intriguing news. There is nothing peculiar to the art


FFIEC Examination Procedures for the Beneficial Ownership Rule
  • Sullivan & Worcester LLP
  • USA
  • May 16 2018

The FFIEC has updated its BSAAML manual effective May 5, 2018, to add a section on the new legal entity due diligence requirements and to update the


Customer Due Diligence and FinCEN’s Frequently Asked Questions
  • Sullivan & Worcester LLP
  • USA
  • May 9 2018

As you are aware, FinCEN’s Customer Due Diligence rules are effective in two days. In a nutshell, these rules require banks to obtain and verify the


Israeli Cyber Security Deals Double from Q42017 in $1.52 Billion First Quarter for High-Tech Companies
  • Sullivan & Worcester LLP
  • USA, Israel
  • May 7 2018

The first quarter of 2018 continues the positive trends in Israeli high-tech industry$1.52 billion was raised in 181 deals. Both the number and the


Form BE-12 - Affirmative BEA Reporting Obligation for Foreign Owned Entities
  • Sullivan & Worcester LLP
  • USA
  • April 20 2018

The Bureau of Economic Analysis (the “BEA”) is a branch of the U.S. Department of Commerce that collects statistical information about the