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Read need-to-know updates, commentary, and analysis on General Business issues written by leading professionals.
Herbert Smith Freehills Kramer

Australia’s non-resident CGT changes: a long awaited, but unwelcome, update for foreign investors

The 2024-25 Federal Budget contained a somewhat vague (but relatively modest) announcement of a ‘clarification and broadening’ of the classes of assets in respect of which non-residents would be subject to Australian capital...more

Charles E. Rounds, Jr. - Suffolk University...

Is it a true trust if settlor has reserved a right to revoke it?

Classic equity doctrine. By the 1940s, it was settled law that a funded revocable inter vivos trust with multiple beneficiaries was a true trust. See Nat’l Shawmut Bnk v. Joy, 53 N.E.2nd 113 (1944). It was not merely a failed...more

A&O Shearman

Q&A: Why data provenance is critical to AI-powered drug discovery

A&O Shearman on

Pharmaceutical research and development is becoming more expensive and taking longer. Innovative AI scale-ups and platforms are addressing this by quickly accumulating vast datasets, but the larger companies that buy them...more

A&O Shearman

Under the microscope: shareholder activism in life sciences and healthcare

A&O Shearman on

The life sciences and healthcare sector is a prominent target for shareholder activists. In 2025 a record 255 activist campaigns were launched worldwide, surpassing the previous high of 249 set in 2018, according to research...more

Kilpatrick

New California Statutes Reshape Retainage and Payment Practices in Private Construction Contracts

Kilpatrick on

Effective January 1, 2026, two groundbreaking California statutes will significantly impact private construction contracts executed after this date. The first, California Civil Code § 8811, imposes a strict five percent (5%)...more

Hogan Lovells

English Court of Appeal severs part of arbitration clause to uphold parties' agreement to arbitrate and ensure enforceable award

Hogan Lovells on

Finality is a mandatory feature of arbitration: Parties cannot validly agree to mechanisms that would allow an arbitral award to be amended indefinitely or prevent it from ever becoming final. Correction powers must be time...more

Cooley LLP

Should You Revise Your Insider Trading Policy to Address “Prediction Markets”?

Cooley LLP on

Once I heard the news that NBA star Giannis Antetokounmpo had invested in a “prediction market,” my interest was piqued and I learned that these decentralized platforms can be used for anyone to wager on company-specific...more

McDermott Will & Schulte

Re/insurers, letters of credit, and evergreen clauses: Time for a refresh?

Use cases for letters of credit (LOCs) in the re/insurance industry are familiar to many. Even in an era when more than 100 non-US re/insurers hold reciprocal re/insurer status and presumably face fewer calls by US cedents...more

UB Greensfelder LLP

Business Cease and Desist Letters: Protecting Company Assets and Reputation

UB Greensfelder LLP on

Businesses often face situations where their information, relationships, or brand may be at risk. In those moments, the decision is not simply whether misconduct occurred, but how to respond in a way that protects the company...more

Ward and Smith, P.A.

What the First Brands Implosion Teaches Lenders about Cash Collateral in Bankruptcy

Ward and Smith, P.A. on

If you make asset-based loans secured by accounts receivable, you need to understand what happens when your borrower files bankruptcy and wants to spend the money you thought was yours. A recent federal court decision from...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

California High Court Reinforces Sliding Scale Arbitration Provision Unconscionability Analysis

The Supreme Court of California recently ruled that the formatting and legibility of an arbitration agreement do not bear on whether it is substantively unconscionable but clarified that courts must still scrutinize...more

Dickinson Wright

It Ends with Contractor Status: Lessons from Blake Lively’s Sexual Harassment Case

Dickinson Wright on

On April 2, 2026, Judge Lewis J. Liman of the Southern District of New York issued an opinion in Lively v. Wayfarer Studios LLC et al., No. 24-CV-10049, dismissing ten of thirteen claims actress Blake Lively brought against...more

Bradley Arant Boult Cummings LLP

FOIA & Federal Contractors: How to Protect Sensitive Information

Federal contractors often face unique challenges when their work intersects with the Freedom of Information Act (FOIA). While FOIA primarily governs federal agencies, contractors can be indirectly affected when agencies...more

Buchalter

Hidden Risks in Medical Technology Contracts — Evergreen Clauses and Undisclosed AI Use

Buchalter on

Many healthcare providers assume their technology contracts are static—negotiated once and largely administrative thereafter. That assumption is increasingly risky. Vendors are rapidly embedding artificial intelligence (AI)...more

Perkins Coie

Reference Pricing Not Actionable Under Washington Law Per State Supreme Court Decision

Perkins Coie on

Key Takeaways - The Washington Supreme Court recently ruled against a plaintiff’s claims that the originally listed price of an on-sale article of clothing was deceptive and constituted a “false discounting scheme.”...more

Paul Hastings LLP

OFAC’s Changes to Venezuela Sanctions Reflect Investment Opportunities, Compliance Risks for US Investors

Paul Hastings LLP on

Since the fall of Venezuela’s President Nicolás Maduro on Jan. 3, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has issued a number of broad authorizations, known as general licenses (GLs), to...more

Pillsbury - Policyholder Pulse blog

AI Exclusions in Insurance Policies: Broad Language, Uncertain Impact

As generative artificial intelligence (gen AI) becomes embedded in day-to-day commercial operations across virtually every sector, businesses are confronting a parallel rise in litigation and regulatory risk tied to AI...more

Hogan Lovells

UK government confirms details of trade union right to access workplaces

Hogan Lovells on

Trade unions will have a right of access to workers, in person and digitally. A new statutory Code of Practice will contain the detail of how the right operates. Significant penalties will apply to employers that breach...more

Husch Blackwell LLP

This Comes Back Later in Audits and Diligence

Husch Blackwell LLP on

This is the fifth in a six-part series on incentive design, deal structure, and how these issues surface in transactions and enforcement. Other relevant topics will be discussed in our upcoming presentation, Physician Owner...more

Katten Muchin Rosenman LLP

DOJ Sends Clear Signal With Latest Antitrust Challenge to Hospital Contracting Practices

On March 26, 2026, the US Department of Justice (DOJ) filed an antitrust lawsuit against The New York and Presbyterian Hospital (NYP), alleging that certain contractual restrictions NYP imposes on health insurance companies...more

Womble Bond Dickinson

Force Majeure in the Iran War: The Hidden Traps We Are Not Talking About (Yet)

Womble Bond Dickinson on

The Iran war has pushed force majeure out of the boilerplate and onto the GC’s dashboard. Disruption is showing up through shipping constraints, infrastructure impacts, energy volatility, insurer retrenchment, and...more

Miller Nash LLP

Retainage Bonds: A Practical Guide for Contractors and Owners in Washington

Miller Nash LLP on

Retainage is commonly used in construction to withhold funds until project completion. Unfortunately for some contractors, this means their payment for the project may get delayed for years until the project is completed....more

DarrowEverett LLP

Assemblage Strategy: The Legal Playbook for Aggregating Commercial Real Estate

DarrowEverett LLP on

In 2026, persistent urban land scarcity and robust demand for large-scale mixed-use, multifamily, and transit-oriented developments have made land assemblage one of the most powerful tools available to sophisticated...more

Troutman Pepper Locke

Virginia Enacts New Restrictions on the Use of Noncompetes

Troutman Pepper Locke on

Employers will soon be obligated to provide employees with severance benefits if they want to have an enforceable noncompete in Virginia and they also will be prohibited from entering into noncompetes with health care...more

Mayer Brown

Navigating Complexity in US Consumer Financial Services: A Look Back at 2025

Mayer Brown on

Mayer Brown’s broad Financial Services practice has a long history of providing meaningful insights on how rapidly evolving environments for financial products may affect their business activities through both thought...more

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