Congress rescinded tens of billions of dollars from a government agency in December that Republicans have long accused of ...

Congress rescinded tens of billions of dollars from a government agency in December that Republicans have long accused of being weaponized against taxpayers and corporations. Lawmakers’ stopgap ...

But on February 18, 1946, the Congress passed and President Truman signed Public Law 70-301, known as the Rescission Act of 1946. It said that the service of Filipinos "shall not be deemed to be ...

Most states have what's called a rescission period, a grace period normally spanning three to ten days. If you're still within that timeframe, act fast! But what if you're beyond the rescission ...

Most states have rescission laws that require timeshare companies to include cool-down periods, which typically range from three to 15 days, in their contracts. "Look for a rescission time that ...

Rescission isn’t a one-sided deal. (2) The go-back must occur in the same tax year as the deal. The IRS covers this in Revenue Ruling 80-58. It’s this strict timing rule that’s usually the ...

The United States Court of Appeals for the Eleventh Circuit, applying Florida law, has held that an insurer did not need to cover ...

Christopher Best and Stephanie Strycharz of Segal McCambridge recently achieved a favorable outcome in the Michigan Court of Appeals, solidifying the legal application of rescission in the context ...