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Read need-to-know updates, commentary, and analysis on General Business issues written by leading professionals.
DarrowEverett LLP

Understanding Excess Parachute Payments: A Guide to Section 280G for Executives and Selling Shareholders

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When a company is sold, senior executives and key personnel often stand to receive significant payments, such as transaction bonuses, accelerated equity vesting, severance, and earnout participation....more

Foley Hoag LLP

M&A: Preparing for a Sale

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Key Takeaways: Early Planning and Governance: A successful sale requires assembling a core internal team of key executives early in the process, engaging experienced legal, accounting, and financial advisors, and ensuring...more

Farrell Fritz, P.C.

New York Trusts and Estates Legislative Developments of Which to be Aware in 2026 and Beyond

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Last year, the New York Legislature (the “Legislature”) enacted, and Governor Kathy Hochul signed, into law several pieces of legislation that are likely to significantly impact trusts and estates practice in 2026 and...more

Polsinelli

New GSA Guidance on Protecting CUI in Contractor Systems, Plus a Look Ahead at Pending FAR Changes

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Key Takeaways: GSA released detailed procedural guidance for protecting CUI in nonfederal systems, and a proposed FAR rule would further standardize CUI handling, documentation and incident reporting across federal contracts....more

Akerman LLP

When Science Fiction Becomes Enterprise Risk: The Impact of Anthropic’s Public Statements That AI May Be Conscious

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On February 12, 2026, Anthropic CEO Dario Amodei told the New York Times that he is “open to the idea” that Claude, his company’s flagship AI system, could be conscious...more

Miles Mediation & Arbitration

How Many Matches Does It Take to Start a Fire?

During a recent mediation, plaintiff’s counsel stressed the fact that his client’s lawsuit had multiple counts and multiple claims against the defendant, reminding the opposing counsel that his success on even one count would...more

Farrell Fritz, P.C.

Winter Case Notes: A Partnership Masquerading as an LLC, and Other Recent Decisions of Interest

Farrell Fritz, P.C. on

Here in New York, we’re about to say goodbye to a winter season like we haven’t seen in many years: prolonged, bitter cold; several prodigious snowfalls; and iced-over ponds. To all of which I say—hooray! Winter as it’s meant...more

Friling Law

OFAC 50 Percent Rule: Ownership Aggregation, SDN Risk, and Sanctions Compliance Strategy

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Executive Summary: The OFAC 50 Percent Rule is a foundational doctrine of U.S. sanctions enforcement. It provides that any entity owned, directly or indirectly, 50 percent or more in the aggregate by one or more blocked...more

Carlton Fields

Regulators Open the Door to Revising Annuity Illustration Requirements

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On February 24, 2026, the National Association of Insurance Commissioners’ Life Insurance and Annuities Illustrations Working Group made its debut appearance. As a prelude, Ben Slutsker, director of life actuarial valuation...more

Troutman Pepper Locke

Update: SEC Exempts Directors and Officers of Certain FPIs From Section 16 Reporting

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SEC Grants Relief Within Days of Filing Deadline - On March 5, 2026, the Securities and Exchange Commission (SEC) issued a final order exempting officers and directors of foreign private issuers (FPIs) incorporated or...more

Hinshaw & Culbertson - Consumer Crossroads

Ohio Court Rules a Party Cannot Circumvent the Statutory Timeframe to Vacate an Arbitration Award

The Ohio Eighth Appellate District found that a party could not circumvent the statutory timeframe to seek to vacate an arbitration award by the use of civil rules of procedure. The decision affirms that Ohio courts have...more

Herbert Smith Freehills Kramer

Malfunctioning Machines To Mandatory Standards: Cyber Security Standards For Consumer Smart Devices Have Commenced

Australia’s mandatory security standards for consumer smart devices commenced this week on 4 March 2026, introducing three baseline cyber requirements for consumer‑grade products that can directly or indirectly connect to the...more

Sheppard

CIT Issues IEEPA Order: Why Importers Should Still File Individual Actions

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The U.S. Court of International Trade (“CIT”) issued a significant ruling on March 4, 2026 that creates new considerations for importers seeking refunds of tariffs imposed under the International Emergency Economic Powers Act...more

Jones Day

Key Takeaways from the SEC's Revised Enforcement Manual

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The Securities and Exchange Commission ("SEC") has revised its Enforcement Manual (the "Manual") for the first time since 2017, implementing critical changes to enforcement policies and procedures....more

White & Case LLP

SEC Exempts FPI Directors And Officers From Section 16 Reporting Obligations In Certain Jurisdictions

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On March 5, 2026, in advance of the March 18th compliance deadline, the U.S. Securities and Exchange Commission (“SEC”) issued an order granting directors and officers of certain foreign private issuers (“FPIs”) an exemption...more

Herbert Smith Freehills Kramer

Navigating Export Control In Today's Geopolitical Climate

Businesses Should Assess All Parts Of Their Supply Chain To Determine Whether A Controlled Item Is Being Exported....more

Troutman Pepper Locke

Federal Banking Agencies Clarify Capital Treatment of Tokenized Securities

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On March 5, the Federal Deposit Insurance Corporation (FDIC), Federal Reserve Board, and Office of the Comptroller of the Currency (OCC) (collectively, the agencies) jointly issued FAQs clarifying how tokenized securities are...more

Bradley Arant Boult Cummings LLP

Upcoming SECURE 2.0 Amendment Deadline: Has Your Plan Been Amended?

The SECURE 2.0 Act of 2022 (SECURE 2.0) introduced many required and optional changes affecting defined contribution plans, including 401(k) plans, 403(b) plans, and employee stock ownership plans. ...more

Kohrman Jackson & Krantz LLP

Three Legal Risks Businesses Often Overlook

Business owners spend significant time focused on growth, operations, and customer relationships. In the process, certain legal risks can quietly develop in the background. These issues are often not immediately visible, but...more

Foster Swift Collins & Smith

Selling a Business? IP Problems That Often Surface During the Diligence Phase

If you are preparing to sell your business, there is one part of the process that often catches founders by surprise....more

Ankura

Liability Management Exercises: Bandage or Bridge to Recovery?

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Once an arcane corner of the capital markets, liability management exercises (LMEs) have become a mainstream restructuring tool. Of course, LMEs are not available to every borrower — the ability to execute one depends on loan...more

Davis Wright Tremaine LLP

CA Appellate Court Upholds FAA Governed Arbitration Agreement

In a significant win for the state's employers, a California appellate court recently found that express consent to be governed by the Federal Arbitration Act (FAA) (9 U.S.C. § 1 et seq.) in an employment contract is binding...more

Foley & Lardner LLP

Foley Automotive Update - March 2026

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Vanessa Miller, Foley & Lardner partner and Chair of the firm’s national Automotive Team, will be speaking at the 14th Annual Automotive Program hosted by ACI in Chicago on March 10-11, 2026. Miller will join a panel...more

Foley & Lardner LLP

A Foley Quick Hit: Project-Level Documents Take Center Stage

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In terms of energy project development, financeable project-level agreements were historically an important diligence item, but today, these contracts have effectively evolved into major transaction documents. Recent tax...more

Freiberger Haber LLP

LLC Member Not Liable for LLC’s Debts and Usury

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Under Limited Liability Company Law §  609(a), a member or manager of a limited liability company is not personally liable for the LLC’s debts, obligations, or liabilities solely by reason of being a member or acting in that...more

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