Zuber Lawler client Socios has announced its partnership with 13 NFL teams. This announcement was a long time coming and based on a great deal of work in which we played an instrumental role. Key contributors included: Josh Lawler, James Boyajian, Sarah Fernandez, Jennifer Kuhn, Dariya Cherkasskaya, and Renee Boyce. We look forward to conducting…
As the financial markets change, today’s investors need concise, constructive, and insightful subject matter experts to provide bite-sized pieces of in-depth knowledge in an easy-to-read format. Clear Rating, its affiliates, Josh Lawler, and co-authors ranging from leading financers, attorneys, regulators, and analyst came together for one simple purpose, provide “The Digital Asset Handbook” to help…
By: Josh Lawler Contributors: Olga Gladkova and Dmitry Gladkov Russian President Vladimir Putin signed a bill into law in late July that gives cryptocurrencies legal status, but prohibits them from being used as a payment method. It is the first major legislation for the digital currency industry in the transcontinental country. It comes…
On October 9th, 2019, the IRS released long awaited guidance on the taxation of cryptocurrency through Rev. Ruling 2019–24 and an associated FAQ, including their guidance on treatment of airdrops. The IRS takes the controversial position that the airdrop equates for taxation purposes to a dividend. As a corollary, an involuntary (and perhaps unknowing) recipient of an airdropped…
The Security/Utility Fallacy. (Blame the attorneys for this one) Fundamental Problem: A token can have utility and be a security at the same time. The token that you sell to raise capital (as a security) must, at some point become an unrestricted utility token so that it will function in your company’s token economy. In…
