Member Articles

This morning, FMCSA released its highly-anticipated hours-of-service Notice of Proposed Rulemaking (NPRM), which, according to U.S. Transportation Secretary Elaine Chao, “seeks to enhance safety by giving America’s commercial drivers more flexibility while maintaining the safety limits on driving time.” Spurred in large part by the thousands of comments received in response to its earlier Advanced Notice of Proposed Rulemaking, the FMCSA is proposing fairly significant revisions to several key sections of its hours-of-service regulations, including:

Read more: Transportation Law Alert: FMCSA Proposes Significant Revisions to HOS Rules

Cybercriminals cast their net wide to increase the opportunity of capturing unsuspecting victims like you. Everyone is vulnerable. Use the following 10 best practices to increase your cyber security.

  1. Protect passwords. Never write down passwords where others can access them. Create and use only strong passwords by using random words in a phrase or sentence along with a combination of numbers, symbols, upper and lower-case letters. Regularly change passwords and avoid using the same password on multiple accounts.

Read more: 10 Ways to Minimize Your Chance of Being Caught in a Cybercriminal’s Web

In what promises to be a landmark decision, an Upper Tribunal has reversed the findings from a decision issued in August 2017 in the Development Securities case by a First-tier Tribunal, whereby HMRC successfully argued that several Jersey companies administered by VG (Volaw Trust at the time of the 2004 transactions) were tax resident in the UK.

Read more: VG is Victorious in Upper Tribunal Decision

Typically, most traditional private equity funds and investment firms have not focused on owning real estate as a component of their acquired portfolio companies. With that underlying consideration, you may dismiss the notion of private equity benefiting from the recently enacted Opportunity Zones (“OZ”) incentives. However, the OZ incentives not only encompass the more traditional real estate and related required improvement of such real estate, they also extend to businesses that operate within an OZ.

Read more: Private Equity: Seizing the Land of Opportunity Zones

Author: Nick Kelly

The aviation industry on the Island had seen rapid growth since May 2007 when the Isle of Man Aircraft Registry was established to provide services aimed specifically at private and corporate business jets and helicopters. Until recently, the aviation sector on the Isle of Man was seen as one that was relatively low risk, continuing to grow steadily, with high quality clients. All in all, it has been desirable sector in which to work.

Read more: The Future of the Aviation Industry in the Isle of Man