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Full-Text Articles in Law
Crypto Losses, Jeffrey A. Maine, Xuan-Thao Nguyen
Crypto Losses, Jeffrey A. Maine, Xuan-Thao Nguyen
Faculty Publications
The crypto industry has been hit hard with various market forces and scams, leaving investors with trillion-dollar losses in recent years. The appropriate tax treatment of such losses has yet to be fully examined, as there is scant guidance and a dearth of academic literature on the subject. This Article attempts to fill this gap by applying general tax principles to crypto losses and making several recommendations to improve the clarity and consistency of tax results. It explores various theories of crypto loss “realization” (including theft, abandonment, and worthlessness), highlighting where additional guidance is needed. And it considers appropriate legislative …
Auer Evasions, Jonathan Adler
Auer Evasions, Jonathan Adler
Faculty Publications
Auer v. Robbins requires federal courts to defer to federal agency interpretations of ambiguous regulations. Auer built upon, and arguably expanded, the Court’s long-standing practice of deferring to agency interpretations of their own regulations born in Bowles v. Seminole Rock. Although initially uncontroversial, the doctrine has come under fire from legal commentators and prominent jurists, including Auer’s author, the late Justice Antonin Scalia. As Justice Scalia came to recognize, Auer deference enables agencies to evade a wide range of legal constraints that are otherwise imposed upon agency behavior, the ability of agencies to take action with the force …
Reflection-In-Action: Lessons Learned From New Clinicians, Justine A. Dunlap, Peter A. Joy
Reflection-In-Action: Lessons Learned From New Clinicians, Justine A. Dunlap, Peter A. Joy
Faculty Publications
Clinical legal education focuses on reflective learning, yet data collected from newer clinical faculty reveal that few schools offer training to assist new clinicians in understanding and incorporating reflective learning techniques as they make the transition from law practice to clinical law teaching. To the extent that training is offered to newer faculty, it may range from ad hoc guidance and informal mentoring to more deliberate programs, which may include periodic meetings devoted primarily to discussing clinical methodology, teaching techniques, and other issues important to newer clinical faculty. Although informal and unstructured approaches to training new clinical faculty may well …