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EXPERT ANALYSIS
What New USDA 'Beneficial Owner' Definition Means For Cos.
The U.S. Department of Agriculture's recent pitch to add a new "beneficial owner" definition to its foreign-owned land reporting framework would overhaul how fund managers and joint venture participants report U.S. agricultural land interests, creating diligence risks as companies reassess governance rights and management structure, say attorneys at Arnold & Porter.
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LEGAL INDUSTRY
1st Circ. Asked To Save Mayer Brown $21M Fee Bid In RI Suit
By Linda Chiem
The American Trucking Associations told the First Circuit that its attorneys at Mayer Brown LLP reasonably justified their request for $21 million in fees and costs after securing "substantial" wins in long-running litigation over Rhode Island's truck tolling program, disputing a district court's determination that the trucking trade group wasn't actually a "prevailing party."
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