Key Reporting Updates for California Registered Investment Advisers

By Allison Katz

California’s Department of Financial Protection and Innovation (DFPI) has expanded reporting obligations for state registered investment advisers. In addition to existing financial and disclosure requirements, advisers with certain private company investment activities will face a new annual reporting mandate beginning in 2026. Core Requirements for State Registered Advisers New 2026 Reporting Obligation for Private Company…

Three Options to Pursue a Refund on IEEPA Tariff Over-Payments

By Allison Katz

UPDATE:Following the March 4, 2026, ruling from the Court of International Trade directing CBP to refund duties imposed under IEEPA tariffs, CBP has released new guidance. Read more here for the latest updates, including CIT’s decision to suspend immediate refunds in order to allow CBP’s new refund process to be put into place. On March…

Withum Welcomes the Community to Its Burlington Office with a “Taste of New England” Open House

By Whitney Irish

The open house offered a relaxed, free-flowing format for guests to network while exploring the new, modern, Withum-branded space. Staying true to the New England theme, guests were treated to a curated selection of local cheeses and beverages, highlighting regional favorites. Entertainment included live music performed by a one – man band showcasing saxophone, piano…

Digital Asset Collateral Considerations

By Neha Lohani

As crypto markets evolve, fund managers are increasingly engaging in complex financial instruments such as tokenized repos, lending, and other strategies. While these instruments offer liquidity and leverage, they also raise tax characterization issues under U.S. federal income tax law. Repos are generally perceived as secured loans, but the IRS may treat them as sales…

Liquor License Valuation in SBA Lending: When a Separate Appraisal Is Required

By Allison Katz

Liquor licenses often represent a critical but misunderstood asset in SBA-financed transactions involving restaurants, bars, and liquor retailers. While SBA loans are underwritten primarily on cash flow, lenders must also assess collateral adequacy and potential recovery in a default scenario, particularly when real estate and hard assets are insufficient. In many regulated states, a transferable…

Washington Business Journal Names Philip LaRosa to 40 Under 40 List

By Whitney Irish

His people-first leadership also earned him honors, distinguished by a genuine commitment to developing and supporting others. He actively invests in emerging professionals through mentorship, hands-on training and recruitment initiatives for the Firm, helping team members build meaningful and sustainable careers. Phil’s peers have shared sentiments that underpin his character, noting he “exemplifies what it…