The recent English Court of Appeal case, colloquially known as “The DnaNudge Case”, has stirred discussions and contemplations amongst investors, companies and their advisers. The case has found center stage primarily due to English courts occasionally adopting – what can be undeniably characterized as – strained interpretations of ambiguous or unclear contract terms. The aim…
The attention of legal professionals working within the world’s largest corporations and law firms tends to swerve to significant legal developments. Today’s spotlight is on a very significant legal case: In re PersonalWeb Technologies LLC, Appeals Nos. 2021-1858, -1859 -1860 (Fed. Cir. Nov. 3, 2023). As reported on JD Supra, this case, which appealed from…
The US Department of Energy (DOE) recently confirmed the selection of seven hydrogen hub projects across the country eligible for a considerable $7 billion in federal funding. This development was previously much-anticipated by legal professionals and corporations closely observing the evolution of America’s energy sector. The selected projects are now set to enter into an…
As the 2023 elections in Virginia approach, all eyes are on the state’s General Assembly elections. This election year is predicted to bring the largest single-year turnover in the General Assembly during modern times, indicating the high stakes and potential for significant change. Election night is expected to be rich in news and updates, which…
On November 2, 2023, significant shifts in U.S. policy affecting legal and corporate interests worldwide were implemented by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC). The OFAC issued General License (GL) 13G, GL 74, GL 75, and GL 76, all related to the Russian Harmful Foreign Activities Sanctions Regulations, 31…
In a news brief published on November 7, 2023, Ellena Erskine from SCOTUSblog provides a list of selected articles, commentary, and other noteworthy links focusing on matters related to the U.S Supreme Court. One of the primary concerns under current scruitiny by the Supreme Court is the sensitive issue of domestic abuse orders and firearms…
On 2nd November 2023, the United Kingdom’s Financial Conduct Authority (FCA) finally shed clarity on cryptoasset financial promotions, presenting its conclusive non-handbook guidance (FG23/3). This Guidance, although does not impose new regulatory obligations, encourages adherence as a way to achieve regulatory compliance. It is worth noting that the FCA does not necessitate firms to follow…
The U.S. Environmental Protection Agency (EPA) introduced a significant reformation in policy at the end of 2023, modifying the requirement for reporting the presence of Per- and Polyfluoroalkyl Substances (PFAS). This final rule was presented in the Federal Register as “Changes to Reporting Requirements for Per- and Polyfluoroalkyl Substances and to Supplier Notifications for Chemicals…
In recent news, the Supreme Court has agreed to take on an unusual case concerning whether states can prohibit characters in the video game Grand Theft Auto from possessing firearms. This decision follows the Fifth Circuit’s stark counter-opinion that such limitations cannot be imposed, leading to a contentious situation within the judiciary. For more information…
Armstrong Teasdale has recently welcomed a new partner, Keith K. Grissom, into their St. Lous office, according to a firm announcement made public on Tuesday. Grissom’s professional experience lies in tax and estate planning, closely held business succession planning, and asset protection, providing a comprehensive approach to legal endeavors for Armstrong Teasdale. In his role,…
On Monday, former U.S President Donald Trump took the witness stand in the civil fraud trial being managed by New York Attorney General Letitia James against Trump himself. The trial is centred on allegations that Trump and accompanying business figures distorted property valuations and fiscal statements to achieve monetary benefits, a claim that Trump vehemently…
Nasdaq has recently implemented several updates to its listing rules. These changes could significantly impact the operations of corporations and law firms worldwide. Focusing on three areas: reverse stock splits, board diversity, and code of conduct waivers, here’s what legal professionals should consider: Reverse Stock Splits: Nasdaq has added further stipulations to this approach, and…
In an intriguing display of dichotomy, a Federal Circuit judge presiding in the District of Delaware made a mixed ruling on a Rule 12(c) motion by the defendant for judgment rooted in patent eligibility as per 35 U.S.C. § 101. This was in the lawsuit of KOM Software Inc. v. NetApp, Inc., a case revolving…
In the recent Bar Exam Toolbox Podcast Episode 238, the critical topic of managing self-sabotaging behavior through a solid study schedule is explored, especially in light of its significance during bar preparation. This informative episode focuses on several vital aspects pertaining to bar examination preparation. A highlight of the discussion revolves around the dangers of…
The latest edition of Conyers’ BVI Quarterly Corporate Update provides insights into recent developments in the British Virgin Islands (BVI) during the third quarter of 2023. The team at Conyers BVI office had a busy period, with their remit involving advisory on various high-profile transactions taking place within the jurisdiction. The corporate team’s expertise and…
In a recent episode of Employment Law Now, Michael Schmidt held discourse with high-ranking officials from the United States Department of Labor, the United States EEOC, and the NLRB. The interview provided key insights into what employers can expect from their respective agencies as we move towards the end of 2023 and look ahead to…
Legal professionals, both veterans and novices, often reminisce about their time in law school, and notably, the formidable challenge presented by law school exams. Now, there’s a podcast dedicated to helping students navigate this critical aspect of their legal education. A recently aired episode on the Law School Toolbox, titled “Episode 422: Law School Exam…
On November 2, 2023, the Centers for Medicare & Medicaid Services (CMS) released its calendar year (CY) 2024 Revisions to Payment Policies Under the Physician Fee Schedule (PFS) and Other Revisions to Medicare Part B [CMS-1784-F] Final Rule. This rule includes significant policy modifications related to Medicare physician payment and the Quality Payment Program (QPP)….
In recent developments, the focus shifts to collective actions in Spain – Jones Day Talks. This article will delve into this intriguing matter, aiming to give our professional audience a comprehensive understanding of the current landscape and what the future might hold. Our source, a podcast by Jones Day, is part of an enlightening series…
The Internal Revenue Service (IRS) has recently established a procedure giving employers an opportunity to withdraw any improperly filed Employee Retention Tax Credit (ERC) claims, a welcome move for taxpayers who were worried they might have inappropriately filed for ERCs during the tax years 2020 to 2022. This decision aims to ease potential penalties and…
The Abu Dhabi Investment Authority (ADIA), controlling nearly $1 trillion in assets, has become a pivotal player in the acquisition of Telecom Italia’s landline network. The sovereign wealth fund’s involvement marks its continued positioning in major global investments. As acknowledged in documents filed by Telecom Italia, ADIA is amongst the chief investors in the acquisition…
As increasing numbers of affluent individuals amass wealth worth millions of dollars, the private equity sector is endeavoring to secure a significant stake in the substantial funds that these mini-millionaires possess. This push expands the traditional ambit of private equity as an investment avenue typically reserved for the ultra-rich and major institutional investors. Ever since…
The tumultuous journey of WeWork Inc. culminated in a bankruptcy filing, marking an end to a saga that has significantly dented the reputation and financial standing of Japanese billionaire Masayoshi Son. The events leading to WeWork’s bankruptcy unfolded over years and exposed glaring flaws in Son’s investment strategy. As reported, Son’s venture, which intended to…
Current developments in U.S. privacy laws are significantly reshaping the way data is managed, especially in retail and tech industries. As data becomes an increasingly valuable asset for corporations, the accompanying compliance prerequisites are going through a so-called ‘data revolution’. Recently discussed by the nationally ranked Digital Assets and Data Management Group at BakerHostetler, the…
Emigration measures in developing countries are typically seen through a vague, public-interest lens, however, their constitutionality can occasionally be dubious. In an attempt to prevent young doctors from seeking employment in Western countries, the Albanian government is championing for a new law. This legislation would make it obligatory for medical students at Tirana’s University of…