The Spotlight had the pleasure of sitting down with Anne Paape, managing director and senior fiduciary counsel at Cresset and Cresset Trust Company, to talk about the historic transfer of wealth many countries are undergoing, how… more

The Legal Data Intelligence (LDI) Model is a new framework & vocabulary describing the expanding role of many eDiscovery professionals. A fundamental challenge facing the legal industry today is the explosion of data volumes… more

Ideal for practitioners who have some compliance knowledge and are ready for a deeper dive, SCCE’s Basic Compliance & Ethics Academy provides comprehensive, classroom-style training in the essentials of managing a compliance and ethics… more

El Ejecutivo Federal de México, el 14 de junio de 2024, publicó en el Diario Oficial de la Federación (DOF), el "Decreto por el que se reforman los Artículos 129 y 148 de la Ley de Amparo, Reglamentaria de los Artículos 103 y 107 de la… more

Numerous countries are holding elections in 2024, but none are likely to have as far-reaching an impact at this year’s US Presidential election… more

Denmark’s unprecedented carbon removals fund has facilitated the coexistence of corporate and national carbon claims in carbon accounting. In the past few years, stakeholders in the carbon market have debated how to integrate the… more

Key Takeaways - ..Requires parties to provide notice to the Minnesota Department of Health (“MDH”) and the Minnesota Attorney General (“MN AG”) to determine whether certain mergers, acquisitions, purchases, or sales involving… more

Exposure to airborne asbestos has been linked to an increased risk of several serious and debilitating diseases, including mesothelioma, asbestos lung cancer, and other types of cancer… more

A new California law that enables people making hotel accommodations or short-term rentals to cancel their reservations without penalty under certain parameters becomes effective on July 1, 2024. California Senate Bill 644, the Hotel… more

The Labor and Employment Team at Harris Beach invites you to join us for discussion of critical labor and employment law developments at our annual webinar series… more

As we previously reported, the Federal Trade Commission (FTC) recently announced its final changes to the Health Breach Notification Rule (HBNR), vastly expanding the scope of the Rule’s coverage… more

Key Takeaways - ..Requires parties to provide notice to the Nevada Attorney General (“NV AG”) for certain transactions involving “group practices” or “health carriers” in the state. ..The parties must provide notice 30 days… more

Roughly one in four organizations reporting through CDP have adopted climate transition plans aligned with capping global warming at 1.5 degrees Celsius above the pre-industrial average, according to a report Wednesday by CDP (formerly… more

While some states have existing laws governing certain aspects of the use of AI, on May 17, Colorado became the first state to enact comprehensive artificial intelligence (AI) legislation. Senate Bill 24-205, “Concerning Consumer… more

Filmed live at the annual Greenville SHRM meeting, hosts Tina and Keely welcome Carrie Cavanaugh of Find Great People, a talent acquisition and human resources consulting firm. Carrie shares why all employers should have clear… more

Key Takeaways - ..Requires parties to obtain approval from New Mexico’s Office of Superintendent of Insurance (“NM Office”) for transactions involving New Mexico hospitals. ..The parties must provide 120 days notice before… more

Governor Newsom announced that a deal has been made to reform PAGA and take the PAGA initiative off the ballot in November. The Governor’s announcement provides some highlights of what the reform package will include; however, the… more

The electric vehicle company Canoo went public in a de-SPAC transaction in December 2020. After its stock price fell, a stockholder in the SPAC who chose not to redeem his stock sued the SPAC board and its controller for breaching… more

On June 17, 2024, the U.S. Commodity Futures Trading Commission (CFTC) announced that trading giant Trafigura had agreed to pay a $55 million fine to settle charges of fraud and manipulation. The conduct at issue allegedly took place… more

On June 14, 2024, Advance Auto Parts, Inc. filed notice with the Securities and Exchange Commission after discovering that hackers targeted the company in a recent cyberattack. In this notice, Advance Auto Parts explains that the… more

REGULATORY ISSUES & UPDATES - Recent Evolution of the European Regulatory Framework on Greenwashing - Two new Directives adopted by the EU in 2024—the "Empowering Consumers Directive" and the "Green Claims Directive"—apply to… more

Governor Newsom, in partnership with legislative leadership and business and labor groups, announced an agreement to reform the Private Attorneys General Act, or PAGA. The proposed agreement includes sweeping changes to employees’… more

The Financial Ombudsman Service has announced that its proactive settlement scheme will continue. The FOS explains that over the last couple of years, it has trialed a new way to help financial businesses and their customers to resolve… more

The food, drug and medical device industries comprise some of the most closely regulated sectors in the United States. The US Food & Drug Administration (FDA) actively exercises authority by constantly changing legislation and policies… more

In a significant move towards enhancing workplace safety for retail workers, the New York State Assembly recently passed the “Retail Worker Safety Act,” which aims to mitigate workplace violence. This legislation, formally known as… more

BD (Becton, Dickinson and Company) has announced the acquisition of Edwards Lifesciences’ Critical Care product group for $4.2 billion. The acquisition follows Edwards’ previously announced plans to spin off Critical Care by the end of… more

Following last week's insight, "Labour's manifesto and employment law - what can employers expect?", we focus this week on the specific issue of removing qualifying periods and increasing statutory time limits… more

Is Your CRM Failing You? Uncover the Truth About CRM for Law Firms - Client expectations for legal services has never been higher, and winning their business has become even harder… more

In April, Ambassador Katherine Tai, U.S. Trade Representative (USTR), issued the 2024 Special 301 Report.  In a press release, the USTR stated that "[m]any of the issues highlighted in the Special 301 Report demand collaborative… more

Key Takeaways - ..Requires parties to provide notice to the Massachusetts Attorney General (“MA AG”), the Commission, and the Center for Health Information and Analysis for transactions involving certain health facilities and… more

On 25 October 2023, the Monetary Authority of Singapore (MAS) and the Infocomm Media Development Authority (IMDA) jointly published a consultation paper on a proposed Shared Responsibility Framework (SRF) in relation to phishing scams… more

The CFPB has launched the process for independent standard-setting bodies to receive formal recognition, as part of its efforts to shift towards open banking in the United States… more

David F. Johnson presented his paper titled “Trustee’s Ability To Retain And Compensate Attorneys In Texas” to the Texas State Bar’s 48th Annual Advanced Estate Planning and Probate Course on June 13, 2024, in Houston, Texas. This… more

The Colorado Artificial Intelligence Act will impose mounting obligations on developers and deployers of high-risk AI systems in an effort to protect consumers from discriminatory consequential decisions by such systems… more

On June 18, 2024, Treasury and the IRS released the final rule for compliance with the prevailing wage and apprenticeship requirements (PWA requirements) pursuant to the Inflation Reduction Act of 2022 (IRA). This final rule is… more

These are rocky times for many office landlords. Office valuations continue to decline, interest rates remain high and office vacancy rates are nowhere near their pre-pandemic levels… more

In a very recent judgment in the wake of the Abraaj Group fallout, the Grand Court of the Cayman Islands refused to strike out a just and equitable winding up petition and, in the process, analysed the effect of a purported… more

The European Commission (EC ) has approved the first Important Project of Common European Interest (IPCEI) in the health sector— IPCEI Med4Cure. Under the IPCEI, six EU member states will provide up to EUR1bn of state aid to support… more

The US Court of Appeals for the Eighth Circuit affirmed a district court’s copyright infringement decision, finding that a congressional reelection campaign’s use of a popular meme to solicit donations was commercial in nature and… more

In 2024, it’s fair to say that most people have some form of digital assets. This asset type can include digital photos, video and music collections; social media accounts; online banking and brokerage accounts; or cryptocurrency. The… more

Recently, NAVEX connected with Michael Terrell, Senior Managing Director and Edwin Harris II, Manager, Business Solutions, to talk about Per Scholas and their impact. Per Scholas originated more than 30 years ago in the Bronx as a… more

M&A in the agricultural sector received a boost in the first quarter of 2024. Deal value rose by more than 600 percent year on year from US$820 million in the first quarter of 2023 to US$5.87 billion in the first three months of this… more

The mixed results of their visa programs aimed at attracting foreign investors have some European countries reconsidering, even as the U.S. program continues. In 2022, the United States reauthorized its EB-5 Immigrant Investor Program… more

On June 13, 2024, the Supreme Court of the United States made it harder for the National Labor Relations Board (NLRB) to win injunctive relief against employers accused of unfair labor practices. The Court held in Starbucks v. McKinney… more

In the latest development of a complicated eight-year court battle regarding a copyright infringement claim, the US Court of Appeals for the First Circuit vacated and remanded the district court’s dismissal on claim preclusion grounds… more

Kenya's National AI Strategy and Code of Practice expected to set foundation of AI regulation once finalized. Laws/Regulations directly regulating AI (the “AI Regulations”) There are currently no specific laws or regulations in… more

Commission Implementing Regulation 2024/1618 amending Implementing Regulation (EU) 2021/763, laying down implementing technical standards on supervisory reporting and public disclosure of MREL and TLAC, has been published in the… more

Turkey has published multiple guidelines on the use of AI in various sectors; Turkish government expected to enact AI-specific regulation in the near future. Laws/Regulations directly regulating AI (the “AI Regulations”)… more

The US Patent & Trademark Office (PTO) announced a final rule concerning pre-issuance internal circulation and review of decisions within the Patent Trial & Appeal Board. The new rules are designed to bolster the independence of… more

Our new report provides a practical introduction to credit risk transfer (CRT) and significant risk transfer (SRT) trades. It is a comprehensive starting point for new issuers, investors and other stakeholders. While CRT and SRT… more

Saudi Arabia is yet to enact AI Regulations, relying on guidelines to establish practice standards and general principles. Laws/Regulations directly regulating AI (the “AI Regulations”) There are currently no AI Regulations that… more

It is not auspicious when a court writes: “The court notes that, from time to time, in contentious cases like this one, courts have ordered that the parties record – by video or court reporter – their Local Rule 37.2 meet-and-confer… more

Research by the Society for Human Resource Management (SHRM) in 2023 shows that paid maternity and paternity leave increased by five percent last year, with 32% of employers now offering paid paternity leave. Furthermore, although many… more

Do you have 10 minutes or less to stay on top of the ever-changing laws and regulations around labor and employment? Check out PilieroMazza‘s podcast “Clocking in with PilieroMazza: Labor and Employment News for Government… more

If your 18-year-old is badly injured in a car accident, unless the child signed a durable power of attorney and HIPAA authorization, you cannot access their medical information, even in an emergency. If your student has a… more

Oregon and Washington now allow contractors and subcontractors to avoid cash retainage by posting a surety bond with the owner, on both public and private/commercial construction projects. The process is similar in both states. The new… more

Generative artificial intelligence captivated the world in 2023 and is firmly positioned to remain center stage in the coming year. In the United States, the introduction and early-stage use of generative AI have been plagued with… more

[Editor’s Note: This article was first published June 18, 2024 and EDRM is grateful to Tom Paskowitz and Robert Keeling of our Trusted Partner, Sidley, for permission to republish. The opinions and positions are those of the author.]… more