In a recent development in financial regulations, the Board of Governors of the Federal Reserve System has published a working paper titled “Can Measurement Error Explain Slow Productivity Growth in Construction?”. The key essence of the paper is to address and potentially rectify the perceived slow productivity in the construction sector. With a primary focus…
The evolution and complexity of the relationship between the United States and China, and the web of relations among China, the US, and US allies or partners, have always been managed, to some degree, through the use of export controls. Recent developments demonstrate that such controls remain instrumental in addressing various aspects of this relationship….
Amnesty International (AI) has reported a series of alleged war crimes in Sudan, amid tensions between the Rapid Support Forces (RSF) and Sudanese Armed Forces (SAF). The ongoing crisis has reportedly led to the deaths and severe injuries of thousands of civilians since the conflict commenced in April. The international human rights watchdog details how…
In an interesting turn of events, it appears that a hedge fund is not quite ready to abandon ship when it comes to Yellow Corporation. Yellow Corporation, a large North American transportation service provider, has had its fair share of economic struggles over the years. MFN Partners, the hedge fund in question, evidently sees a…
On July 26, 2023, the Securities and Exchange Commission (SEC) significantly shifted the landscape of cybersecurity accountability for public companies. The SEC convened an open meeting where it was decided to adopt final rules requiring the standardization of cybersecurity disclosures by public companies (JD Supra). These new rules mark a strict departure from the previous…
In a world where businesses generate and handle enormous volumes of data, privacy law compliance has become more critical than ever. This is especially true for companies operating in heavily regulated sectors such as financial services and healthcare. An ever-increasing complexity within the patchwork of state privacy laws has added another layer to this burgeoning…
An increasingly important tool in equitable remediation, the doctrine of unjust enrichment has deep roots in legal tradition stretching back to 1750 in the English case of Moses v. Macferlan when Lord Mansfield introduced this principle to the English legal system. Parallel to English tradition, by 1937, the United States Supreme Court had incorporated the…
British Rowing recently declared a policy prohibiting transgender athletes from participating in the Women’s Category. This announcement coincides with the launch of three new categories from September 11th: Open, Mixed, and Women’s. The policy outlines that only females assigned at birth have the eligibility to compete in competitions under British Rowing’s jurisdiction or be selected…
Today at 1 p.m. ET a panel titled “Demystifying AI for Legal Contract Review” will provide a substantive look into how one organization has successfully integrated AI technologies into their contract management mechanisms, and how other organizations may be able to emulate these effective strategies. Co-presented by LexCheck and Above the Law, the panel focuses…
The esteemed law firm, Bricker Graydon LLP, is moving forward with an informative initiative aimed at providing in-depth training for those engaged in higher education Title IX decision-making. The training is slated to take place on August 24th and 25th, with sessions running from 2:00 pm to 5:00 pm EST each day. The program will…
Canada has taken a significant step towards mitigating environmental risks associated with certain chemical substances. As reported by JDSupra, the Canadian government announced through a notice in the Canada Gazette on June 24, 2023, that it’s requesting information about approximately 850 different chemical substances. This information is being gathered with the primary objectives of prioritisation,…
On July 26, 2023, the U.S. Security and Exchange Commission (SEC) proposed a new set of rules affecting registered investment advisers and broker-dealers. As discussed in this JD Supra article, the proposed rules aim to handle certain conflicts of interest concerning the use of predictive analytics, artificial intelligence (AI), and other relevant technologies in dealings…
The US Department of Health and Human Services Office of Inspector General (HHS-OIG) recently issued a final ruling implementing its mandate under the 21st Century Cures Act to investigate allegations of information blocking among health IT developers and health information networks/exchanges (HIN/HIEs). Violations of this prohibition can lead to penalties as steep as $1 million…
Automotive dealers and their service partners need to take cognizance of key divergences between the California Consumer Privacy Act (CCPA) and recent state privacy laws intended to defend consumer information. These variations are evident in privacy enactments in Virginia, Connecticut, Colorado, and Utah – all of which broadly exempt financial institutions safeguarded by the federal…
In a recent advancement, the Occupational Safety and Health Administration (OSHA) has decided to restore and broaden an Obama-era requirement, compelling employers spanning dozens of identified industries to electronically submit their injury and illness forms. The reinstated rule, with additional expansions, targets workplaces with a minimum of 100 employees. JD Supra reported this update which…
In the era of information, data is an indispensable element of not only any organization but more crucially, their compliance function. The importance of this data’s integrity, accessibility, and security can hardly be overstated for a business to operate effectively and to ensure proper compliance. However, as digital landscapes continue to evolve and grow in…
On July 20, 2023, the U.S. Senate confirmed the appointment of David Uhlmann as the new Assistant Administrator of the Environmental Protection Agency’s (“EPA”) Enforcement and Compliance Division. The confirmation marks an interesting development in environmental justice enforcement efforts in the United States. Uhlmann brings a wealth of experience to his new role. Notably, his…
The term “legacy” has lately stirred up mixed feelings. A legacy can be a gift, something passed down from a predecessor, or it often connotes a special status given to a person because of his/her familial relationship. However, recently the term has garnered some unsavory associations. The U.S Department of Education, for example, is presently…
In a move that will be of great interest to legal professionals around the world, LexisNexis has shed further light on its collaboration with Microsoft to develop generative AI products. In this unique partnership, the intention is to harness the potential of artificial intelligence to drastically change the way lawyers and law firms access and…
On July 6, 2023, Chancellor Kathaleen St. J. McCormick of the Delaware Court of Chancery provided a written opinion interpreting a previous bench ruling on a mootness fee awarded to a plaintiff’s counsel in a class action lawsuit from supposed stockholders. This lawsuit was initiated against Magellan Health, Inc. and its directors, linked to its…
On July 13, NextGen Healthcare Inc., a renowned electronic health record (EHR) software vendor, settled its issues with the Department of Justice (DOJ), and the Office of Inspector General of the Department of Health and Human Services (HHS) in quite a remarkable manner. The agreement, covering the resolve of alleged False Claims Act and Anti-Kickback…
The Biden administration recently made known its intention to enhance accessibility to mental health coverage through a proposed rule primarily involving the expansion of plan oversight and enforcement activity. Spearheading this initiative are the US Departments of the Treasury, Labor, and Health and Human Services. This move aims to address the issues concerning mental health…
In a recent episode of the Legally Contented podcast, Wayne Pollock, founder of the Law Firm Editorial Service, converses with Megan Braverman to spotlight the characteristics of potent law firm PR campaigns. Braverman, the principal and owner of the Los Angeles-based Berbay Marketing & Public Relations, brings an esteemed record of strategic PR management to…
The proposed Credit Card Competition Act of 2023 has been met with mixed reception from industry players since its introduction by Senator Durbin from Illinois. This legislation seeks to usher a reformat in payment processing, which will undoubtedly impact issuers, merchants, and consumers alike. Josh McBeain, in a recent episode of Payments Pros, a Payments…
In a significant ruling that caught the attention of the global legal community, the Administrative Appeals Tribunal handed down its decision earlier this year in a case involving Clearview AI and the Australian privacy regulator, the Office of the Australian Information Commissioner (OAIC). This decision, for the first time, marked the extraterritorial application of the…