Lewis Roca Blog

Washington state legislators have introduced legislation that would amend the definition of “illegal gambling games” in current laws to exclude most video games which would prevent further litigation against game companies.

The Alcohol and Tobacco Tax and Trade Bureau (TTB), the agency which regulates alcohol beverages at the federal level, recently posted several educational videos about the history of the Federal Alcohol Administration Act and an overview of TTB trade practice laws and regulations.

Ransomware—malicious software that locks or alters computer data and demands a ransom payment to unlock or restore the data—is not a new phenomenon. Recently, though, ransomware attacks have become increasingly common and increasingly sophisticated, with hackers not only locking but also stealing the data.

When seeking to register a federal trademark registration that covers beer, you not only need to search for the same or similar marks that are used with the same goods (beer) but also look for marks that are used with commercially related goods (wine and spirits).

All organizations that have tax-exempt status under Internal Revenue Code (the “Code”) Section 501 or 527 are required to annually file an information return with the Internal Revenue Service (“IRS”). Failure to make a filing for three consecutive years results in the automatic revocation of the organization’s exemption. Under recently enacted law, organizations are now required to file information returns and related forms electronically for tax years beginning after July 1, 2019.

Wire transfer fraud is rampant. FINRA member firms and their employees must be diligent in the detection of scams and the prevention of client losses. In addition, adherence to the member firm’s wire transfer policies and procedures is important for the avoidance of losses and potential regulatory sanctions.