“The playing field has been leveled in challenges to agency actions,” said Dan Jarcho, a partner at Alston & Bird, as regulatory attorneys brace for a surge in litigation triggered by the “Corner Post” rule. The new regulations, experts suggest, will result in significant financial and operational losses for affected agencies.
The implications of the “Corner Post” rule have prompted a reevaluation of strategic approaches, particularly among corporate legal departments. The anticipated increase in litigation will necessitate a more robust compliance framework and heightened vigilance in regulatory matters. For further details on the discussion, you can read more from Alston & Bird here.