Uncharted Territory: The Impact of Shifting Accreditation Regulations in North Carolina and Florida

Legal professionals working in various sectors, especially those specializing in education law, should note a significant development in the North American legal landscape surrounding education. Specifically, in North Carolina and Florida, the system for accrediting colleges is set to change. In a move that is likely to shape the future of education in these states,…

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Community Reinvestment Act: Agencies Revise Regulations and Introduce New Assessment Framework

After over half a decade of evolving standards that sometimes stood in opposition, the federal banking agencies – namely, the Federal Reserve, the Office of the Comptroller of the Currency (OCC), and the Federal Deposit Insurance Corporation (FDIC) – have introduced significant revisions to the regulations that implement the Community Reinvestment Act (CRA). The details…

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Deloitte Lawyer Faces Tribunal Over Alleged Inappropriate Conduct at Social Event

A former Deloitte lawyer is set to appear before the Solicitors Disciplinary Tribunal due to allegations of inappropriate behavior at a social event. The lawyer allegedly kissed an individual at the gathering in a manner that the Solicitors Regulation Authority has classified as “inappropriate”, “unwanted”, and potentially “sexually motivated”. The event at the center of…

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Ninth Circuit Court Evaluates DEA Drug Reclassification Protocols in Aggarwal Case

On a recent and noteworthy legal development, the Ninth Circuit Court of Appeals heard an oral argument in the case of Aggarwal v. U.S. Drug Enforcement Administration. The case poses significant queries about the legality of the Drug Enforcement Administration’s (or DEA) process for considering the reclassification of controlled substances. As reported by JD Supra,…

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Expanding Data Breach Notification: FTC Tightens Safeguards Rule for Non-Bank Financial Institutions

The Federal Trade Commission (FTC) recently announced an amendment to the Safeguards Rule of the Gramm-Leach-Bliley Act (GLBA), extending data breach notification requirements to a broader range of companies. With effect from October 27, 2023, this modification will put more non-bank financial institutions under the obligation to report any unauthorized acquisition of nonpublic, unencrypted and…

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Kirkland & Ellis Bolsters Investment Funds Group with Addition of Partner Matthew Howard

Law firm Kirkland & Ellis has recently confirmed the addition of Matthew Howard, a distinguished professional specializing in alternative investment vehicles, as a partner in its investment funds group. Kirkland & Ellis announced the move on Wednesday. Howard, previously from Fried Frank, has earned a name in the sector with his focus on structuring alternative…

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DOJ Compliance Program Update: Navigating FCPA Data Analytics Amid Increased Enforcement Risk

The U.S. Department of Justice’s Criminal Division has updated its Evaluation of Corporate Compliance Program in March 2023. This update has renewed expectations for companies to employ data analytics and testing, although the government’s expectations remain somewhat undefined. In a climate where enforcement risk associated with the Foreign Corrupt Practices Act (FCPA) is increasing across…

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Virginia Court Speedily Grants Injunction: Rezoning Proffer Compliance in Real Estate Case

In an unusual legal development, the Eastern District Court of Virginia (EDVA) recently granted a preliminary injunction, compelling a real estate seller to comply with a rezoning proffer. The decision showcases the efficiency typically associated with the EDVA’s ‘rocket docket’. This ruling was made in the case GW Acquisition Co., LLC v. Pageland Limited Liability…

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Unraveling the Art of Persuasive Storytelling: 2023 Trial Advocacy Seminar

Attention legal professionals: Mark your calendars for November 16th, 2023. Robins Kaplan LLP will be hosting the highly anticipated annual Trial Advocacy Seminar in Minneapolis, MN. Titled “Know Your Story. Tell Your Story”, this year’s event promises to unravel the intricacies of persuasive storytelling. Legal professionals from top corporations and law firms will gather for…

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Aerospace Supply Chain Modernization: Shaping the Future of the Industry

Modernization of the aerospace supply chain is having significant transformative impacts, reshaping the industry in various areas. Specifically, it is driving significant change in three key zones: advances in existing technology, integration and interoperability, and in the management of relationships within the complex ecosystem of Aerospace and Defense. As technology continually advances, it seems leaders…

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Navigating the Legal Landscape of Fake Reviews: Risks and Remedies for Businesses

In recent years, online reviews have assumed an increasingly crucial role in shaping business landscapes. According to a consumer survey conducted by Yelp, a staggering 83% of review readers trust online testimonials concerning local enterprises. However, along with real, unadulterated reviews, fake reviews have started making rounds, misleading consumers and disrupting fair business practices. Consider…

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Integrating Environmental Sustainability and Corporate Competition: Unveiling the UK’s Green Agreements Guidance

In this November 2023 edition of the European Competition Law Newsletter, we focus primarily on the UK Competition and Markets Authority’s (CMA) newly published “Green Agreements Guidance.” Detailed insight about this development and its implications on legal professionals working with UK competition law is provided in this newsletter. The CMA published the finalized version of…

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OFAC Issues Directive Impacting Financial Ties Between US Entities and Myanmar Oil and Gas Enterprise

On October 31, 2023, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued a new directive that stands to deeply impact the financial relationship between U.S. entities and Myanmar Oil and Gas Enterprise (MOGE). Announced through Directive 1 under Executive Order 14014, the decree, that would come into effect on…

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SEC Files Landmark Case Against SolarWinds and CISO for Alleged Fraud and Disclosure Violations

In an unprecedented legal event, the US Securities and Exchange Commission (SEC) filed a case against SolarWinds and its Chief Information Security Officer (CISO) on October 30, 2023. The charges are hefty, detailing allegations of fraud, false reporting, and violations of internal and disclosure control policies. These accusations are in direct relation to the SUNBURST…

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EPA Seeks Stakeholder Input on Pesticide Evaluation Framework to Combat Antimicrobial Resistance

The U.S. Environmental Protection Agency (EPA), in association with the U.S. Department of Health and Human Services (HHS), and the U.S. Department of Agriculture (USDA), have elicited the opinions of stakeholders on a proposed framework created with a view to enhance the evaluation of antimicrobial-resistance risks connecting to the use of pesticides. The request was…

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NLRB’s New Joint-Employer Rule: Redefining Boundaries for Retailers and User Employers

Amidst the rapidly changing landscape of labor relations law, a new development is bound to captivate legal professionals around the world – the National Labor Relations Board’s (NLRB’s) new rule for determining joint-employer status under the National Labor Relations Act (NLRA). This new rule takes a broad interpretive stance by expanding the current standard, and…

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Pennsylvania Primer: Critical Insurance Coverage Issues Explored in Upcoming Webinar

An informative webinar is set to take place on November 14th, from 12:00 pm – 1:00 pm EST, which aims to tackle crucial insurance coverage issues in Pennsylvania. The state of Pennsylvania presents unique challenges for practitioners managing insurance claims, and this webinar is specifically designed to address these complex problems. Hosted by Goldberg Segalla…

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NCE Broadcaster Fined $9,000: Highlighting Regulatory Compliance Importance

Non-Commercial Educational (NCE) broadcasters typically enjoy certain legal advantages such as exemption from regulatory fees. However, they also face specific challenges. Indeed, like their commercial counterparts, NCEs are required to compile and submit quarterly issues/programs reports which account for station programming addressing community matters. This obligation underscores that the regulatory landscape for broadcasters, both commercial…

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SEC Division of Examinations Announces Transparency-Driven Priorities for Fiscal Year 2024

The legal community has long recognized the significant impact the Securities and Exchange Commission’s (SEC) Division of Examinations has on guiding practices in the financial industry. Further delineating this influence, on October 16, the Division publicized its examination priorities for fiscal year 2024 (Oct. 1, 2023-Sep. 30, 2024). This announcement is of critical relevance to…

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