Arthur A. Ballantine
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Arthur A. Ballantine
Arthur A. Ballantine (1883–1960) was a 20th-century American lawyer, tax specialist, who became the first solicitor of the Internal Revenue Service and Undersecretary of the United States Department of the Treasury, Treasury under U.S. President Herbert Hoover and later partner in what became the Dewey Ballantine law firm. Background Arthur Atwood Ballantine was born in 1883. His father was William Ballantine, president of Oberlin College. In 1904, he obtained a BA from Harvard University and in 1907 an LLB from Harvard Law School. Career Ballantine was an expert in corporate income taxes. In 1917, he joined a committee to advise the Commissioner of Internal Revenue on legal questions arising from the new war revenue laws. He focused on the excess profits tax of October 1917. In 1918, he became Solicitor of the Internal Revenue Service and then served as Undersecretary. In 1919, Ballantine joined Root, Grenville Clark, Clark & Francis W. Bird, Bird. In 1925, the firm ad ...
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Internal Revenue Service
The Internal Revenue Service (IRS) is the revenue service for the United States federal government, which is responsible for collecting U.S. federal taxes and administering the Internal Revenue Code, the main body of the federal statutory tax law. It is an agency of the Department of the Treasury and led by the Commissioner of Internal Revenue, who is appointed to a five-year term by the President of the United States. The duties of the IRS include providing tax assistance to taxpayers; pursuing and resolving instances of erroneous or fraudulent tax filings; and overseeing various benefits programs, including the Affordable Care Act. The IRS originates from the Commissioner of Internal Revenue, a federal office created in 1862 to assess the nation's first income tax to fund the American Civil War. The temporary measure provided over a fifth of the Union's war expenses before being allowed to expire a decade later. In 1913, the Sixteenth Amendment to the U.S. Constitutio ...
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Nassau Street (Manhattan)
Nassau Street is in the Financial District, within the borough of Manhattan in New York City. Its southern end is at the intersection with Broad Street and Wall Street, and its northern end is at Spruce Street, at Pace University near the foot of the Brooklyn Bridge. For its entire route, Nassau Street runs one block east of Broadway and Park Row. History Nassau Street was originally called Kip Street, after an early Dutch settler family, but was subsequently named in honor of the royal family of the Netherlands, the House of Orange-Nassau. It was named some time before William of Nassau, the Dutch prince who became King William III of England, so that is not the origin of the name, despite how easily it could be mistaken as such. Nassau Street once housed many of the city's newspapers. Late in the 20th century Nassau Street was closed to motor traffic during certain hours, in order to promote shopping. Nassau Street borders on the Fulton-Nassau Historic District, which ...
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Edward G
Edward is an English given name. It is derived from the Anglo-Saxon name ''Ēadweard'', composed of the elements '' ēad'' "wealth, fortune; prosperous" and '' weard'' "guardian, protector”. History The name Edward was very popular in Anglo-Saxon England, but the rule of the Norman and Plantagenet dynasties had effectively ended its use amongst the upper classes. The popularity of the name was revived when Henry III named his firstborn son, the future Edward I, as part of his efforts to promote a cult around Edward the Confessor, for whom Henry had a deep admiration. Variant forms The name has been adopted in the Iberian peninsula since the 15th century, due to Edward, King of Portugal, whose mother was English. The Spanish/Portuguese forms of the name are Eduardo and Duarte. Other variant forms include French Édouard, Italian Edoardo and Odoardo, German, Dutch, Czech and Romanian Eduard and Scandinavian Edvard. Short forms include Ed, Eddy, Eddie, Ted, Teddy and Ned ...
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Shearman And Sterling
Shearman & Sterling LLP is a Multinational corporation, multinational law firm headquartered in New York City, United States. The firm's lawyers come from some 80 countries, speak more than 60 languages and practice US, English, EU, French, Spanish, German, Hong Kong, OHADA and Saudi law, as well as Dubai International Financial Centre law and Abu Dhabi Global Market law. Nearly one-half of the firm's lawyers practice outside the United States. History Wall Street origins Shearman & Sterling was founded in New York City in 1873 by Thomas Shearman () and John William Sterling, who concentrated on litigation and transactional matters respectively. The young firm represented financier Jay Gould and industrialist Henry Ford, and cultivated a number of important business ties that would evolve into long-standing client relationships, such as with the Rockefeller family and the predecessor banks to Citigroup and Deutsche Bank. Postwar global expansion The firm expanded internationally ...
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Charles Evans Hughes
Charles Evans Hughes Sr. (April 11, 1862 – August 27, 1948) was an American statesman, politician and jurist who served as the 11th Chief Justice of the United States from 1930 to 1941. A member of the Republican Party, he previously was the 36th Governor of New York (1907–1910), an associate justice of the Supreme Court (1910–1916), and 44th U.S. Secretary of State The United States secretary of state is a member of the executive branch of the federal government of the United States and the head of the U.S. Department of State. The office holder is one of the highest ranking members of the president's Ca ... (1921–1925), as well as the Republican nominee for President of the United States who lost a very close 1916 United States presidential election, 1916 presidential election to Woodrow Wilson. Born to a Welsh people, Welsh immigrant preacher and his wife in Glens Falls, New York, Hughes graduated from Brown University and Columbia Law School and practiced law ...
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Rogers & Wells
Rogers & Wells was an international law firm founded in New York City in 1873. After several name changes, it was renamed for William P. Rogers and John A. Wells. Firms that merged with it include Dwight, Harris, Koegel & Caskey of New York. Background The firm was well known for its litigation arm (second-largest in New York City after white shoe establishment firm Simpson Thacher & Bartlett). It also had an active capital markets and international finance practice, where its main client was Merrill Lynch. The firm at its peak embraced approximately 400 attorneys and maintained offices in New York, Washington, D.C., Los Angeles, Paris, London, Hong Kong, and Frankfurt. In 2000, the firm merged with London-based Clifford Chance. The firm practiced as Clifford Chance Rogers & Wells in the Americas until 2003, when the use of the legacy U.S. firm's name was discontinued. Just before and immediately after the merger, some high-profile partners decamped for other firms including ...
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Thomas Elliott (lawyer)
Thomas Hopkinson Eliot (June 14, 1907 – October 14, 1991) was an American lawyer, politician, and academic who served as chancellor of Washington University in St. Louis and as a congressman in the United States House of Representatives from Massachusetts. Early life A great-grandson of Samuel Atkins Eliot and grandson of Charles William Eliot, Eliot was born in Cambridge, Massachusetts into the prominent Eliot family. He attended Browne & Nichols School in Cambridge, graduated from Harvard University in 1928 and was a student at Emmanuel College in Cambridge University, from 1928 to 1929. He graduated from Harvard Law School in 1932 and was admitted to the bar in 1933, commencing practice in Buffalo, New York. He served as assistant solicitor in the United States Department of Labor from 1933 to 1935 and as general counsel for the Social Security Board from 1935 to 1937. He was a lecturer on government at Harvard University from 1937 to 1938, and regional director of the ...
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William L
William is a male given name of Germanic origin.Hanks, Hardcastle and Hodges, ''Oxford Dictionary of First Names'', Oxford University Press, 2nd edition, , p. 276. It became very popular in the English language after the Norman conquest of England in 1066,All Things William"Meaning & Origin of the Name"/ref> and remained so throughout the Middle Ages and into the modern era. It is sometimes abbreviated "Wm." Shortened familiar versions in English include Will, Wills, Willy, Willie, Bill, and Billy. A common Irish form is Liam. Scottish diminutives include Wull, Willie or Wullie (as in Oor Wullie or the play ''Douglas''). Female forms are Willa, Willemina, Wilma and Wilhelmina. Etymology William is related to the given name ''Wilhelm'' (cf. Proto-Germanic ᚹᛁᛚᛃᚨᚺᛖᛚᛗᚨᛉ, ''*Wiljahelmaz'' > German ''Wilhelm'' and Old Norse ᚢᛁᛚᛋᛅᚼᛅᛚᛘᛅᛋ, ''Vilhjálmr''). By regular sound changes, the native, inherited English form of the name shoul ...
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Alger Hiss
Alger Hiss (November 11, 1904 – November 15, 1996) was an American government official accused in 1948 of having spied for the Soviet Union in the 1930s. Statutes of limitations had expired for espionage, but he was convicted of perjury in connection with this charge in 1950. Before the trial Hiss was involved in the establishment of the United Nations, both as a U.S. State Department official and as a U.N. official. In later life he worked as a lecturer and author. On August 3, 1948, Whittaker Chambers, a former U.S. Communist Party member, testified under subpoena before the House Un-American Activities Committee (HUAC) that Hiss had secretly been a communist while in federal service. Hiss categorically denied the charge and subsequently sued Chambers for libel. During the pretrial discovery process of the libel case, Chambers produced new evidence allegedly indicating that he and Hiss had been involved in espionage. A federal grand jury indicted Hiss on two counts of p ...
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Alger Hiss (1950)
Alger Hiss (November 11, 1904 – November 15, 1996) was an American government official accused in 1948 of having spied for the Soviet Union in the 1930s. Statutes of limitations had expired for espionage, but he was convicted of perjury in connection with this charge in 1950. Before the trial Hiss was involved in the establishment of the United Nations, both as a U.S. State Department official and as a U.N. official. In later life he worked as a lecturer and author. On August 3, 1948, Whittaker Chambers, a former U.S. Communist Party member, testified under subpoena before the House Un-American Activities Committee (HUAC) that Hiss had secretly been a communist while in federal service. Hiss categorically denied the charge and subsequently sued Chambers for libel. During the pretrial discovery process of the libel case, Chambers produced new evidence allegedly indicating that he and Hiss had been involved in espionage. A federal grand jury indicted Hiss on two counts of p ...
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Dewey & LeBoeuf
Dewey & LeBoeuf LLP was a global law firm headquartered in New York City, United States. Some of the firm's leaders were indicted for fraud for their role in allegedly cooking the company's books to obtain loans while hiding the firm's financial plight. The firm was formed in 2007 through the merger of Dewey Ballantine and LeBoeuf, Lamb, Greene & MacRae. Dewey & LeBoeuf was known for its corporate, insurance, litigation, tax, and restructuring practices. At the time of its bankruptcy filing, it employed over 1,000 lawyers in 26 offices around the world. In 2012, the firm's financial difficulties and indebtedness became public. In the same period, many partners departed, and the Manhattan District Attorney's office began to investigate alleged false statements by firm chairman Steven Davis. As a result of these difficulties, Dewey & LeBoeuf filed for bankruptcy in New York on May 28, 2012. On March 6, 2014, the former chairman, chief financial officer, and the executive director ...
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Limited Liability Partnership
A limited liability partnership (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liabilities. It therefore can exhibit elements of partnerships and corporations. In an LLP, each partner is not responsible or liable for another partner's misconduct or negligence. This distinguishes an LLP from a traditional partnership under the UK Partnership Act 1890, in which each partner has joint (but not several) liability. In an LLP, some or all partners have a form of limited liability similar to that of the shareholders of a corporation. Unlike corporate shareholders, the partners have the power to manage the business directly. In contrast, corporate shareholders must elect a board of directors under the laws of various state charters. The board organizes itself (also under the laws of the various state charters) and hires corporate officers who then have as "corporate" individuals the legal responsibility to manage the corporation in t ...
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