CFPB Gains Ground in Reforming NSF Fee Practices in Banking and Credit Union Industry

In October 2023, the Consumer Financial Protection Bureau (CFPB) made significant strides in managing the banking and credit union industry’s practices related to nonsufficient fund fees (NSF fees). This news was part of the Bureau’s ongoing efforts to protect consumers and foster a fair financial marketplace. An enlightening October report from the CFPB shed light…

Read More

SEC Adopts Rule 13f-2: New Short Sale Reporting Requirements for Institutional Investment Managers

On October 13, 2023, the Securities and Exchange Commission (SEC) adopted Rule 13f-2, mandating new reporting requirements concerning short sale activities to be followed by institutional investment managers. The new rule was adopted with the objective to increase transparency and oversight in the equity securities market, particularly focusing on short position data and short activity…

Read More

Navigating Trade Challenges: Expert-led Strategies for APAC’s Life Sciences and Health Care Companies

As the globally interconnected economy faces ever-evolving pressures, international corporations and law firms are eagerly seeking insights and guidance regarding trade challenges and opportunities, particularly concerning the U.S. role in the fluctuating landscape. To shed light on these vital topics, global law firm Hogan Lovells hosted a unique webinar series targetting life sciences and health…

Read More

The S Election Debate: Navigating Bankruptcy and Tax Implications for Corporations

The function and interpretation of an “S election”- a tax election for corporations to pass corporate income, losses, deductions, and credits through to their shareholders for federal tax purposes- has once again been thrust into the spotlight. As always, the core question revolves around whether such an election can be considered “property” in the process…

Read More

Navigating Labor and Employment Updates in the Retail Industry: Key Insights and Strategies

Kilpatrick Townsend attorneys Chris Caiaccio and Drew Williamson recently gave an enlightening presentation at the “Kilpatrick Townsend Retail and Consumer Goods Summit”. This summit was designed to showcase members of the firm’s Retail and Consumer Goods Industry Team who spearheaded discussions about current issues that were impacting retailers, consumer goods manufacturers, and suppliers within the…

Read More

Telehealth Services Under Spotlight: HHS Office Issues New HIPAA Privacy and Security Guidance

In a recent development that has caught the attention of health law professionals, the U.S. Department of Health and Human Services (HHS) Office for Civil Rights (OCR), the body in charge of enforcing the Health Insurance Portability and Accountability Act (HIPAA), advanced further into the digital health arena by issuing two new guidance documents on…

Read More

SEC Examination Priorities for 2024: Spotlight on Anti-Money Laundering Measures

In an unexpected move, the Securities and Exchange Commission’s (SEC) Division of Examinations (the “Division”) released its Examination Priorities report (the “Report”) for fiscal year 2024 earlier than in previous years, as highlighted by a publication from Ballard Spahr LLP. The early release of the report is a part of the Division’s intentional approach to…

Read More

Supreme Court Stalls Lower Court Order, Spotlighting Government’s Role in Social Media Content Moderation

The dispute over social media content moderation and governmental involvement took an interesting turn when the Supreme Court granted a request from the Biden administration to temporarily stall a lower court’s order that threatened to curb government officials’ communications with social media platforms regarding their content moderation policies. The granted request pours significant light on…

Read More

Renowned Senior Lawyer Joseph Shenker Critiques Future Attorneys’ Critical Thinking amid Controversial Statements

Joseph Shenker, the renowned senior chair of Sullivan & Cromwell, has spoken out on the critical thinking skills of future lawyers in a recent address. This response was incited by law students receiving rescinded job offers from Winston & Strawn and Davis Polk & Wardwell, following the signing or creation of controversial statements on a…

Read More

Eminem and Too $hort Lyrics Scrutinized in Workplace Hostility Case: Impact on Company Culture and Music Industry

Employment law disputes tend to be either dryly procedural or concerned with serious allegations of harassment and maltreatment. Yet, on occasion, they intersect with elements of popular culture in curious ways, such as a recent case involving platinum-selling rappers Eminem and Too $hort being scrutinized in a workplace context. At the heart of the case…

Read More

Navigating Nanotechnology and Banking Laws: Advancements and Complexities in Contemporary Legal Frameworks

In a recent development in the realm of nanotechnology safety evaluation, a study conducted by the European Union Observatory for Nanomaterials (EUON) has identified models and tools effective for computational safety assessments of nanomaterials. This information will prove instrumental in forming policies and regulations governing the safe use of nanomaterials. You can read about the…

Read More

Brazil’s Burgeoning Market: Corporate Venture Capital Investments Bolster Innovation and Growth

Emerging as a new hotspot for investment, Brazil is attracting attention from corporate venture capital investors worldwide. Latin American startups, especially those based in Brazil, have been in the spotlight of venture capital investors for several years. Data from Statista significantly elucidates this trend, revealing that Brazil secures the biggest chunk of VC funding in…

Read More

Illinois AG Tackles Organized Retail Crime and INFORM Consumers Act: Ensuring Transparency in Online Marketplaces

Continuing the State AG webinar series, we recently met with prominent Illinois legal professionals including Attorney General Kwame Raoul, Susan Ellis (Consumer Protection Division Chief), and Lyle Evans (Chief of Investigations). The discourse offered a deep-dive into the workings of the office and its priorities, with a specific spotlight on Organized Retail Crime and the…

Read More

Scrutinizing Non-Profit Hospitals: Bernie Sanders’ Report Calls for Stricter Compliance and Transparency Standards

Renowned Sen. Bernie Sanders (I-Vt.), who serves as the Chairman of the Senate Health, Education, Labor, and Pensions (HELP) Committee, recently spotlighted potential inadequacies within non-profit hospital systems. On October 10, 2023, Sanders unveiled a report proposing that specific non-profit hospital systems might not be fulfilling their charity care obligations mandated by their tax-exempt status….

Read More

Polish Legal Framework Adapts to E-delivery: Implications for Businesses in National Court Register

Furthering the discussion on modern legal processes and how they intersect with technological innovations, a focus is placed today on the topic of e-delivery, otherwise known as Doręczenia Elektroniczne. This is an insightful examination into the implementation of a national e-delivery system within the context of Polish legal proceedings, with particular relevance to businesses listed…

Read More