In a concerted effort to counteract Russian export control evasion tactics, a group of five countries: the United States, United Kingdom, Australia, Canada, and New Zealand, have issued joint guidance to industry and academia. This group, colloquially known as the “Export Enforcement Five” or “E5”, aims to aid in the identification of potential export evasion…
Workplace situations involving disabilities and potential threats are a complex territory that employers often find challenging to navigate. The key legislation that stipulates the rights and protections for disabled employees is the Americans with Disabilities Act (ADA). The ADA mainly prohibits employers from engaging in adverse employment actions prompted by an employee’s disability. According to…
The Mexican Congress is presently discussing a reform that would decrease the workweek from 48 to 40 hours, per a report from Holland & Knight LLP. This change could have substantial repercussions on workplaces throughout the country. Although details surrounding the specific impacts are not yet fully available, they are expected to be significant and…
The Corporate Transparency Act (CTA), set to take effect on January 1, 2024, ushers in a new era of disclosure obligations for businesses across the United States. This new federal law presents significant changes for owners who hold an interest of 25% or more in any business entity, individuals who exercise substantial control over a…
Corporate legal professionals, especially those representing employers in California, need to be hyperaware of the stringent deadlines associated with the payment of arbitration fees. Recently, there has been a legal trend favouring strict interpretation of these timelines and consequences of non-compliance can be severe; namely waiving the right to arbitrate and consequently being forced to…
In what can be considered a victory for banks and private credit lenders, the U.S. Court of Appeals, Second Circuit recently passed the ruling that a $1.8 billion leveraged loan does not equate to a security. This judgment comes as a significant relief to the United States syndicated loan market, which had been anticipating an…
The looming threat of a U.S. federal government shutdown on October 1, 2023 is throwing both patent and trademark holders into uncertainty. This is due in part to ongoing debates in Congress over funding for Federal Fiscal Year 2024 (FFY24). JD Supra has reported on the issue, significantly drawing attention to how the situation could…
There are recent developments in the 5th Circuit Court that may potentially affect the Supreme Court’s role in a high-profile social media case. The ambiguity in this scenario is further compounded by the U.S. government’s own uncertainty about the proceedings. Earlier this week, the Supreme Court was set to unveil its decision regarding the Biden…
The full D.C. Circuit have declined the opportunity to revisit an earlier decision, made by a three-judge panel, to reject a dispute regarding the Copyright Royalty Board’s recent increase in royalty rates for webcasters. This latest move signals a potential nail in the coffin for those hoping to challenge what they see as an unjust…
Legal professionals, particularly those dealing with property and resource rights, will likely be aware of the ongoing debates around fixed and floating royalties. One recent case that has sparked renewed interest is Permico Royalties LLC v. Barron Properties, Ltd., a matter played out in the heart of Texas’ mineral-rich landscape. To set the context, Permico…
The outcome of a multi-million dollar lawsuit for breach of contract may be now in question due to an expert witness being erroneously admitted under the federal lay witness rule, according to a recent report by The National Law Journal. The decision made by the federal appeals court could effectively undo the jury’s previous award…
Renowned law firm Morrison Foerster LLP and an undisclosed legal staffing company have successfully defended themselves against racial discrimination allegations made by an attorney. The attorney, who remains anonymous, claimed he experienced racial slurs, was provided with inferior work assignments, and had fewer remote work opportunities compared to his white counterparts before his eventual dismissal….
The Corporate Transparency Act (“CTA”), which was incorporated into the National Defense Authorization Act in 2021, brings about new challenges and requirements for legal professionals working within corporate structures. The key aim of this act is to heighten corporate transparency and reinforce the fight against practices such as money laundering and various other financial crimes….
In a recent surprising development, a District Court in New Jersey set a groundbreaking precedent that could have far-reaching effects on the way corporations deal with internal investigations intersecting with Department of Justice (DOJ) scrutiny. This ruling, which came into effect in February 2022 in the United States v. Coburn legal case, involves the compelling…
Recent data from White & Case Global Antitrust Merger StatPak (WAMS) indicates a global decrease in merger filing notifications in the first half of 2023. This trend is marked by substantial declines in US and EU merger filings. WAMS, known for being the first real-time clearinghouse for global merger notification data, has conducted an analysis…
A former public defender based in North Carolina is seeking to disqualify a team of attorneys from the U.S. Department of Justice from representing the federal judiciary in her sexual harassment case. The basis for this request is that these lawyers allegedly made false accusations about her, leading to a significant loss of her legal…
In a noteworthy development, the U.S. Senate Banking, Housing, and Urban Affairs Committee recently forwarded a bill designed to expand banking services to the predominantly cash-dependent cannabis industry. This piece of legislation, known as the SAFER Banking Act, will have far-reaching implications for investors and businesses involved in the rapidly growing industry. New Jersey has…
In a significant move, on September 15, 2023, California initiated a public nuisance lawsuit against major oil companies. This action comes on the heels of various claims presented, including allegations of public nuisance and false advertising. This legal proceeding draws parallels with similar lawsuits commenced by other state attorneys-general. For instance, similar litigations have been…
The Internal Revenue Service (IRS) is leveraging artificial intelligence (AI) to enhance its scrutiny on high-income earners, partnerships, and large corporations. As revealed in a recent report by Kohrman Jackson & Krantz LLP, this comes as the IRS increases its efforts to ensure compliance with federal tax law, indicating a significant turn in the way…
The intricate landscape surrounding the protection of artificial intelligence (AI) inventions continues to evolve, meriting robust discussion among legal professionals. A case that neatly illustrates this topic is IBM v. Zillow, where IBM accused Zillow of infringing on seven of its artificial intelligence patents, specifically designed for assessing property values. The focus of our analysis…
Disagreements between a taxpayer and the International Revenue Service (IRS) are sometimes unavoidable, and in such cases, the Tax Court often has the responsibility to step in. This has become evident in a recent case remanded for re-calculation due to four errors in deficiency amounts, relating to the tax years of 2003, 2004, 2005, and…
The subject of legal abandonment of easements due to identifiable obsoleteness influences owners of aging properties and is important to the real estate industry. In many cases, properties can carry lingering easements on record, originally established to serve needs that are no longer applicable or are practically considered outdated. An article by Patton Sullivan Brodehl…
On September 14, 2023, the U.S government designated five Turkish companies as out of line with U.S sanctions against Russia, causing increased concern for multinational corporations and law firms alike. As reported by JDSupra, the news might not be as unexpected given that Washington had been cautioning the Turkish government and its businesses for several…
The UK government is one step closer in solidifying its stance on data sharing between the UK and the US, and has presented regulations to establish a UK-US data bridge before Parliament. Known officially as the ‘UK Extension to the EU-US Data Privacy Framework’, this proposition greenlights the flow of personal data from the UK…
While the potential for a partial U.S. government shutdown still looms, the implications such a situation would have on employers and business immigration services are cause for concern. This is especially important for those within the realm of corporate law, as any disruption to these services could lead to significant implications for both employers and…