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From Paper Ledgers to Blockchain: SEC Proposes Transfer Agent Rule Modernization
Yesterday, on September 1, the Securities and Exchange Commission wrapped up what has been a very busy summer by proposing amendments to the rules and forms governing registered transfer agents. If adopted, this will be the first significant update to this...
Forced Annexation in Illinois: Supreme Court to Decide Whether a Boundary Gap Can Be “De Minimis”
Illinois municipalities have several ways to annex unincorporated property. One of the most consequential is Section 7-1-13 of the Illinois Municipal Code, which permits a municipality, without a landowner’s consent, to annex certain unincorporated territory...
Three Passengers Sick with Legionnaires’ Disease After Cruising on Norwegian Prima
Norwegian Cruise Line (NCL) sent letters to passengers warning them that three prior passengers on the Norwegian Prima came down with Legionnaires’ disease. The letters, which were shared on reddit, state the sick passengers sailed on the Norwegian Prima in May...
House Passes Resolution Delaying Most Federal Hemp-Definition Restrictions by One Month
On September 1, 2026, the U.S. House of Representatives voted 370–48 to concur in the Senate’s amendments to H.R. 6500, the Continuing Appropriations and Extensions Act, 2027. The bill funds the federal government through December 11, 2026,...
DOGE’s Cost-Cutting Measures At The IRS Resulted In A Greater Loss Of Tax Enforcement Income
Between now and when tax returns are due in the coming months, the IRS or the Department of Justice’s Tax Division often issue a press release about someone pleading guilty to or being convicted of a tax crime and facing jail time. If the story makes local news, then...
The Minnesota State Fair Is Making Trump’s Great American State Fair Look Like The Pathetic Failure That It Was
This summer, Donald Trump hijacked the celebration of the 250th anniversary of the Declaration of Independence with a slate of events designed to celebrate himself. One of these, held on the National Mall in Washington, D.C., was what he called the Great American...
The Infamous 12-Hour Closing Statement
In what famous “Trial of the Century” did legendary defense attorney Clarence Darrow give a 12-hour closing argument? Hint: It’s not the Scopes Monkey Trial, if that’s what you’re thinking. Rather, the famed civil libertarian railed...
Remember Who Your Clients Are — See Also
Representation Fail: Bankruptcy filing accused firm of representing the estate while really working for the guy who put it in bankruptcy. Now the partner involved has vanished from the firm’s website. Finally, A Milbank Match! But of course, it’s coming from...
Lawmakers ask Army to explain decision to phase out drone unit
The Army established the Unmanned Assault Battalion in January and tasked about 600 soldiers with developing new concepts for fighting with drones.