Corner Post and the Statute of Limitations for Administrative Procedure Act Claims
On July 1, 2024, the Supreme Court issued its decision in Corner Post, Inc. v. Board of Governors of the Federal Reserve System, addressing when a plaintiff may bring a facial challenge to a final age...
A Corporation’s Obligation to Redeem Shares Is Not Necessarily a Liability That Reduces the Corporation’s Value for Estate Tax Purposes
On June 6, 2024, the Supreme Court unanimously held in Connelly v. United States that a family-owned corporation’s contractual obligation to purchase, or “redeem,” a deceased owner’s shares (redemptio...