As Friday, September 29, 2023, drew to a close, the United States Congress was at an impasse regarding a spending agreement. This presents a significant concern for corporations with international trade operations, who should commence preparations for a possible prolonged Federal government shutdown. The adverse effects are projected to begin as of 12:01 am October…
International law firm Bird & Bird has broadened its footprint in China with the opening of a new office in Shenzhen. This move further solidifies the firm’s presence in the region, adding to its existing offices in Beijing, Shanghai, and Hong Kong. As outlined by Bird & Bird, the emerging tech and life sciences hub…
Under recent developments, a Montana state judge issued an order granting a temporary preliminary injunction against a bill banning gender-affirming treatments for transgender youth in the state. The order, which took effect last week, came as a temporary halt to Senate Bill 99 that was slated for enforcement from October 1st, 2023. More details on…
In recent energy updates, the U.S. Energy Secretary Jennifer Granholm announced on Monday an ambitious plan of the Biden administration. As part of the nation’s transition to clean energy, they endeavor to develop a commercial nuclear fusion facility within the next 10 years. This signifies a bold approach towards clean and efficient energy consumption on…
On September 28, 2023, Eastman Kodak Company initiated the filing of duty petitions focusing on aluminum lithographic printing plates imported from China and Japan. These Antidumping Duty (AD) petitions specifically target aluminum lithographic printing plates from both countries, while a Countervailing Duty (CVD) petition was also set on aluminum lithographic printing plates from China. Read…
In a noteworthy shift in UK Employment law this September 2023, we dissect a significant Employment Appeal Tribunal case along with key statutory amendments for workers. The Appeal Tribunal case, reported by JD Supra, pertained to the termination of an employee’s contract through mutual agreement. Surprisingly, this resolution proceeded despite the employee having received an…
When it comes to managing retirement funds, the role of Third-Party Administrators (TPAs) and proper retirement plan design is often undervalued by financial advisors. In the same way that the beer industry in the United States experienced a seismic shift 45 years ago, advisors should embrace change to meet evolving demand and avoid the mistakes…
Telehealth providers in Florida that offer weight-loss programs must be increasingly conscious of the potential impact of state laws and regulations. This is particularly important in light of Florida’s consumer protection laws relating to weight-loss programs. In the recent surge of telehealth services, numerous providers are beginning to offer weight-loss programs. The intersection of these…
In a significant recent decision, the US District Court for the District of Columbia has granted a motion for summary judgment put forth by the US Department of Housing and Urban Development (HUD), thereby upholding the disparate impact rule. Ten years have passed since HUD introduced this rule, which was recently examined in court. The…
Since its initiation in 2017, the legal tech pitch competition, at the ABA TECHSHOW, has helped many startups reach new levels of success. The competition is held at the American Bar Association’s (ABA) annual TECHSHOW event, and has quickly become one of the highlights of its calendar. This year, the competition is making a much-anticipated…
On September 6, 2023, a new legislative amendment was signed into law by New York Governor Kathy Hochul, marking a significant development for the state’s employment law. As part of the New York Penal Law amendment, wage theft is now considered a criminal larceny. To provide some context, under the New York Penal Law, larceny…
In legal news this month, the German parliament has made significant revisions to the German Competition Act (Gesetz gegen Wettbewerbsbeschränkungen) and passed these amendments. The rationale behind such modifications to the act relate specifically to facilitating swift sector investigations under antitrust law. These provisions bring notable implications for legal professionals in global firms, particularly those…
The Consumer Financial Protection Bureau (CFPB) released its annual report on residential mortgage lending activity and trends for 2022 on September 27. Mandated by the Home Mortgage Disclosure Act (HMDA), the CFPB requires financial institutions to gather and report data on mortgage loan applications and originations. Notably, this year’s report presents a decrease in loan…
While most brand owners understand the importance and value of registered trademarks in safeguarding the goodwill between themselves and consumers, not all might be fully aware of the comprehensive protection offered by another intellectual property right: design patents. Trademarks, in their own right, play a crucial role in curtailing consumer confusion regarding the source of…
In an endeavor to bolster its U.S. leveraged finance and capital markets capabilities, the international law firm, Clifford Chance has recruited another partner from Latham. This addition comes within just one week of the firm strengthening its London team by hiring an infrastructure duo from the same legal firm. Visit original article. New York-based debt…
Good morning! Today marks the inauguration of the Supreme Court’s 2023-24 term as well as the onset of the October session. Each weekday, we compile a brief list of news pieces, compelling commentary, and other significant links concerning the Supreme Court. Here’s Monday, October 2nd’s curated read: The Supreme Court will be pondering various subjects…
The legal profession is often seen as a challenging battleground where high-profile cases unfold. A recent example to this is the case of Colombian pop star Shakira, who stands accused in a tax fraud dispute that arose in Barcelona. A detailed report covering the proceedings can be found at Law.com. For such a significant case,…
On the subject of corporate boards exercising “reasonable care” when selecting an expert, Professor Stephen Bainbridge has recently raised some thought-provoking points. One point of intrigue is whether or not the business judgment rule applies to a board’s choice of expert consultants. This rule typically supports directors in their decisions, provided those decisions are made…
In the high-paced sphere of commercial real estate, there are instances when buyers and sellers may not be able to complete all contractual obligations before the closing of the deal. Often, they will specify certain “post-closing” matters within the contract. Regrettably, if these provisions are not meticulously drafted to “survive” the closing process, their terms…
Recent terror attacks in Pakistan again underline the state’s inability to safeguard its citizens’ constitutional right to life. On September 29th, a day of cultural significance in the country marking the birthday of Prophet Muhammad, a pair of terror attacks tragically shifted the mood from celebration to mourning. Twin bombings at mosques resulted in the…
The U.S. Supreme Court is back in session after their summer recess. Developments have begun to unfold with numerous cases being put forward in the first week of proceedings. More on this can be found on Reuters. Simultaneously, a much-anticipated legal event, the Trump NY trial, has started. For readers interested in the unfolding of…
As noted by Tom Goldstein in his recent article on SCOTUSblog, readers familiar with the Supreme Court blog may notice some alterations to their coverage as we enter the 2023-24 term of the court. Despite these changes, they have committed to maintaining the same level of comprehensive reporting on many of the significant cases that…
In what marks a significant development for the world of global corporate law and international relations, the U.S. Immigration and Customs Enforcement (ICE) has issued new, agency-wide guidelines. These guidelines, specifically, pertain to how its employees will tackle scenarios involving the existence of Red Notices and Diffusions. As many legal professionals may know, Interpol issues…
Peter Wiley, prominent figure and Chief International Counsel of The Walt Disney Co., has announced his departure from the company after an impressive tenure of 27 years. Wiley has dedicated his entire in-house career to Disney, which he joined in 1996 after a five-year stint at the London-based law firm, Frere Cholmeley Bischoff. In 2005,…
In a significant lateral move, corporate partner Walid Salib has been appointed as head of Mergers and Acquisitions (M&A) in Saudi Arabia by Dhabaan & Partners, the associated firm with Eversheds Sutherland. Salib, who specialises in a variety of corporate matters across diverse sectors, was previously with Freshfields Bruckhaus Deringer. He spent nearly 13 years…