Corporate Law: Includes Delaware General Corporation Law, state-specific corporate laws, and Securities Exchange Act of 1934 for publicly traded companies. These laws govern corporate structure, governance, and reporting requirements.
Tax Laws: Encompasses Internal Revenue Code Section 482 (Transfer Pricing), state tax regulations on intercompany transactions, FATCA requirements, and arms-length transaction requirements. Critical for ensuring proper tax treatment of intercompany transactions.
Antitrust/Competition Laws: Includes Sherman Antitrust Act, Clayton Act, and Federal Trade Commission Act. These laws prevent anti-competitive behavior and ensure fair market practices between related entities.
Accounting Standards: Covers Generally Accepted Accounting Principles (GAAP) and Sarbanes-Oxley Act requirements for publicly traded companies. Essential for proper financial reporting and transparency.
Industry-Specific Regulations: Includes both federal and state-specific industry regulations that may apply to the particular sector in which the companies operate.
Contract Law: Encompasses state-specific contract laws and the Uniform Commercial Code (UCC). These provide the fundamental framework for creating and enforcing binding agreements.
Employment Law: Includes Fair Labor Standards Act, state employment laws, and worker classification rules. Important for managing employee transfers and shared services between entities.
Intellectual Property Laws: Covers Patent Act, Copyright Act, Trademark Act, and Trade Secrets Protection. Critical for managing IP rights and licenses between parent and subsidiary.
Data Protection/Privacy: Includes state privacy laws, industry-specific privacy regulations, and GDPR compliance considerations for European operations. Essential for data sharing between entities.
Bankruptcy/Insolvency Laws: Encompasses U.S. Bankruptcy Code and state insolvency laws. Important for understanding liability and asset protection between parent and subsidiary.
