The entire spectrum of furnishers – from national banks to fintechs, finance companies to servicers, debt purchasers to collection agencies – have faced a recent onslaught of cases filed by consumers under the Fair Credit Reporting Act… more

After many iterations over the years attempting to regulate the cryptocurrency space, the House of Representatives passed the Financial Innovation and Technology for the 21st Century Act, or FIT21 Act, on May 22, 20241.  The bipartisan… more

In early May 2024, the University of Pittsburgh Medical Center (UPMC) agreed to pay $38 million to resolve a False Claims Act case based on alleged Stark Law violations. The size of the settlement in United States ex rel. J. William… more

The criminal liability of the absorbed company is transferred to the absorbing company, regardless of the corporate form of the company involved in the merger by absorption. In a ruling handed down on May 22, 2024, 1 the Criminal… more

The recent guidance from the United States Patent and Trademark Office on evaluating inventorship involving AI tools has sparked discussions on treating AI differently from other advanced tools. The guidance lacks clear definitions on… more

On December 30, 2024, the European regulation of May 31, 2023 on deforestation will come into force in all EU countries. The aim of these new rules, which are designed to combat the phenomenon of imported deforestation, is to require… more

On May 3, 2024, the FAR Council published an advanced notice of proposed rulemaking (the “Advanced Notice”) seeking to implement Section 5949 of the James M. Inohfe National Defense Authorization Act for Fiscal Year 2023 prohibition on… more

Last month, the Belgian Supreme Court ruled in a case concerning a former employee who, following an internal investigation, had been first dismissed by her employer for and subsequently convicted of several criminal offences… more

The International Tax Co-operation (Economic Substance) Act (2024 Revision) (the “ES Act”) was brought into force to demonstrate the commitment of the Cayman Islands as a member of the Organization for Economic Co-operation and… more

In a lengthy ruling, a Seattle federal judge has allowed the Federal Trade Commission (FTC) to proceed with its groundbreaking case alleging that Amazon’s Prime online subscription marketing tactics constituted deceptive “dark… more

Ohio Governor Mike DeWine, along with Lt. Governor Jon Husted and Ohio Department of Development Director Lydia Mihalik, recently announced a $152 million investment in projects “to transform communities along Ohio’s Appalachian… more

Anyone trying to score tickets to Taylor Swift’s “Eras” tour is familiar with the political backlash following Ticketmaster’s inability to handle “unprecedented” demand for the concert series. The U.S. Department of Justice (DOJ)… more

On May 21, Alvotech announced that it had entered into a license and supply agreement with Dr. Reddy’s Laboratories SA for the commercialization of AVT03, a proposed denosumab biosimilar. Denosumab, sold by Amgen under the brand names… more

The Sarbanes-Oxley Act of 2002, also referred to as SOX or as Sarbox, is a federal statute that requires specific corporate recordkeeping measures as well as financial reporting. It was passed in the aftermath of several huge corporate… more

On April 29, 2024, the Department of Justice (DOJ) announced a $1.3 million settlement (Settlement) with a South Carolina clinical laboratory marketer and his marketing company, and three physicians and their medical practices in North… more

On May 22, 2024, Judge Cecilia M. Altonoga of the United States District Court for the Southern District of Florida granted a motion to dismiss a putative shareholder action asserting claims under Sections 10(b) and 20(a) of the… more

Maryland has long been a solar-friendly state, and the Brighter Tomorrow Act, signed into law by Gov. Wes Moore last month, will expand access and adoption of solar energy. The legislation is both a supportive and forward-looking… more

Join Troutman Pepper Partner Brooke Conkle and Associate Chris Capurso as they delve into the complexities of ancillary products in the auto finance industry. From GAP waivers to extended warranties, discover the latest regulatory… more

Section 363(m) of the Bankruptcy Code offers powerful protection for good-faith purchasers in bankruptcy sales because it limits appellate review of an approved sale, irrespective of the legal merits of the appeal. Specifically, it… more

Recent U.S. developments indicate a growing focus on regulating and investigating the data privacy practices of companies in the automotive sector. The Federal Trade Commission (FTC) recently highlighted in a blog post its concerns… more

On May 2, the U.S. Court of Appeals for the Seventh Circuit affirmed a False Claims Act (FCA) trial verdict in part, holding that the judgment was not constitutionally excessive under the Eighth Amendment… more

On May 31, 2024, Ascot Insurance Company (“Ascot Insurance”) filed a notice of data breach with the Attorney General of Massachusetts after discovering that an unknown and unauthorized party accessed an employee’s email account. In… more

On May 16, 2024, Judge James L. Robart of the United States District Court for the Western District of Washington granted a motion to dismiss a putative securities class action against a manufacturer of pop culture collectibles (the… more

Patent and Trademark Public Advisory Committees, 89 FR 44634 (May 21, 2024) (“seeking nominations for up to three members of its Patent Public Advisory Committee (PPAC) to advise the Director of the USPTO on patent policy, and for up… more

On March 27, 2024, Bill 42, an Act to prevent and fight psychological harassment and sexual violence in the workplace, was assented to by the Lieutenant governor of Québec ("Bill 42"). Jean Boulet, Minister of Labour, introduced Bill… more

Senior Division of Enforcement officials from the U.S. Securities and Exchange Commission (SEC) spoke with SEC alumni, private practitioners, and other professionals in the field at the Securities Enforcement Forum West 2024 (the… more

The transition to carbon-free energy requires significant investments in new energy facilities and extensive new transmission lines. Senator Joe Nguyễn spearheaded this effort during the 2024 legislative session by leveraging his roles… more

The French government has adopted a law aimed at regulating digital services. The new SREN law (Loi Visant à Sécuriser et à Réguler l'Espace Numérique) adapts French legislation to new EU regulations, including the Digital Services Act… more

The number of bar associations that have issued AI ethics guidance continues to grow, with NJ being the most recent. In its May 2024 report (Report), the NJ Task Force on Artificial Intelligence and the Law made a number of… more

In a pivotal move expected to significantly impact the US energy sector, the North American Energy Standards Board (NAESB) announced on May 29, 2024 that it plans to develop standardized contracts for the burgeoning hydrogen market… more

This article is a follow-up to the hearing conducted before the Grand Chamber of the Court of Justice of the European Union (CJEU) in the BSH Hausgeräte/Electrolux case (C‑339/22) of 14 May 2024. An earlier hearing in this case was… more

UK Digital Markets, Competition and Consumers Act 2024 Makes Significant Changes to Competition and Consumer Protection Law - On 24 May 2024, the UK Digital Markets, Competition and Consumers Act 2024 (DMCC Act) became law. The… more

On May 29, 2024, South Florida Behavioral Health Network (“SFBHN”) d/b/a Thriving Mind South Florida filed a notice of data breach with the Attorney General of Massachusetts after discovering that an unauthorized party was able to… more

The Supreme Court recently issued a pair of unanimous decisions clarifying how arbitration clauses impact litigation. One decision restricts a court’s discretion to dismiss—rather than stay—litigation after ordering the parties to… more

In 2016, Italy introduced a new form of security on moveable goods, which does not require the debtor to surrender the goods to the creditor or a custodian. Instead, it requires the pledgor to register the goods in a digital registry… more

Reckitt Benckiser advertises that its Finish Powerball Ultimate Dishwasher Tablets provide the ​“ultimate clean,” even in the ​“toughest conditions,” and even when you ​“skip the rinse.” In my house, the pre-rinse cycle runs flawlessly… more

On May 22, 2024, the US House of Representatives passed H.R. 4763, the Financial Innovation and Technology for the 21st Century Act (FIT21), which would amend existing securities and commodity regulatory statutes to facilitate the use… more

The European Commission’s (EC) Scientific Committee on Consumer Safety (SCCS) began a public consultation on May 27, 2024, on its preliminary opinion on a new coating for titanium dioxide (nano form). According to the preliminary… more

Get ready for U.S. limits on cross border transfers. Departing from decades of established policy encouraging uninhibited global data flows, the U.S. Protecting Americans’ Data from Foreign Adversaries (PADFA) Act of 2024 takes effect… more

Last week, Vermont became the first state to enact a “Climate Superfund” law. As I noted in January, I fear that this will not end well. It seems odd to model a statute on a law frequently given the accolade – deserved, in my view – of… more

Each week while Congress is in session, our Policy team delivers a key update to highlight a topical benefits, health, or retirement news item from the Hill, such as a newly introduced bill, a summary of a committee hearing, or another… more

If your organization has not updated its policies to comply with Utah’s Artificial Intelligence Policy Act (the “Act”), now is the time. As we noted in a prior blog post, this law took effect on May 1st. While it imposes certain… more

Essential leave laws every CA employer should know! Weintraub Tobin attorneys Meagan Bainbridge and Ryan Abernethy break down the key points and provide practical advice on managing these leaves in the latest installment of California… more

In a blog post on May 21, 2024, National Taxpayer Advocate Erin Collins called for the IRS to cease its systemic assessment of international information return penalties and for Congress to amend the Internal Revenue Code to provide… more

Essential leave laws every CA employer should know! Weintraub Tobin attorneys Meagan Bainbridge and Ryan Abernethy break down the key points and provide practical advice on managing these leaves in the latest installment of California… more

The American Telemedicine Association (ATA) brought together change-makers and front-line providers from across the telehealth industry for its annual conference, ATA Nexus 2024, on May 5-7, 2024, in Phoenix, Arizona. Below are some of… more

When Governor Kathy Hochul signed an amendment to the New York Penal Law this past fall, designating “wage theft” as a form of criminal larceny, she and the State Legislature targeted “bad faith” employers who violate New York’s Labor… more

Cybersecurity on all levels is one of the biggest threats out there that everyone in the 401(k) space needs to be tackled… more

Der BFH hat sich in einem (noch) nicht im Bundesteuerblatt veröffentlichten Urteil vom 11. Januar 2024 erneut mit der Frage der erweiterten gewerbesteuerlichen Kürzung i.S.d. § 9 Nr. 1 S. 2 GewStG befasst. Im Fokus stand die Frage der… more

Minnesota Governor Tim Waltz signed legislation amending the state’s Earned Sick and Safe Time (ESST) law, on May 24, 2024, nearly six months after the statute took effect. Although all of the amendments are important, the top changes… more

The beginning of a new year, or new fiscal year, can often bring changes to a company’s workforce. Many businesses will perform or complete performance reviews and implement compensation changes based on the prior year. The new year… more

What Happened? Following the release of the Financial Stability Oversight Council (FSOC) Report on Nonbank Mortgage Servicing, Ginnie Mae announced in APM 24-08 that certain large nonbank Ginnie Mae Issuers will now be required to… more

When we last checked in on the ExxonMobil litigation against Arjuna Capital, LLC and Follow This—in which Exxon sought a declaratory judgment that it may exclude the two defendants’ proposal from its 2024 annual meeting proxy… more

Look Ahead to the Week of June 3: Fiscal Year 2025 - Spending Bills in Focus The House and Senate are in session this week, although both chambers will adjourn on Wednesday as many Members of Congress will travel to Normandy, France… more

Employers must proceed carefully when responding to complaints around pronoun use where federal and state mandates appear to conflict. For instance, Equal Employment Opportunity Commission (EEOC) guidance states that misgendering can… more

Effective June 19, 2024, New York State’s lactation break law will expand to require that employers offer thirty minutes of paid break time for an employee to express breastmilk for a nursing child, whenever the employee has a… more

Welcome to EO Radio Show - Your Nonprofit Legal Resource. In episode 82, we revisit the duties of directors in managing investment assets. Joining Cynthia Rowland today is Jennifer Nelson, Senior Wealth Manager with BNY Mellon. She… more

The latest updates to the Organisation for Economic Co-operation and Development (OECD) Guidelines for Multinational Enterprises on Responsible Business Conduct in June 2023 thrust supply chain diligence into the spotlight. What used… more