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

Noncompete News: Tennessee Enacts Sweeping New Noncompete Framework

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Tennessee employers should revisit their restrictive covenant agreements following the enactment of Tennessee’s first-ever statutory framework governing noncompete agreements. On May 7, 2026, Governor Bill Lee signed House...more

Haynes Boone

Arbitration in the Fifth - April 2026

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In April 2026, the Fifth Circuit Court of Appeals’ Crescent City Surgical Operating Co. v. Interstate Fire & Casualty Co. considered the standard for granting a stay of continuing litigation after some, but not all,...more

Baker Donelson

Top 10 Mistakes Registered Investment Advisers Make When Selling Their Firms

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The decision to sell a registered investment adviser (RIA) is one of the most significant – and most complex – decisions an RIA owner will ever navigate, and avoiding the most common mistakes will help sellers achieve their...more

Polsinelli

New OIG FAQ Warns Fair Market Value Alone Does Not Shield AKS Liability

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Key Takeaways - OIG’s new FAQ #17 reiterates that fair market value alone does not eliminate risk under the Federal Anti-Kickback Statute and emphasizes that AKS compliance depends on the full facts and circumstances,...more

Mayer Brown

New Class Action Targets “Surveillance Pricing”: What Businesses Using Personalized Pricing Need to Know

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OVERVIEW: On April 22, 2026, a putative class action was filed against JetBlue Airways Corporation in the United States District Court for the Eastern District of New York, captioned Phillips v. JetBlue Airways Corp., No....more

Mayer Brown

The Qualified Subordination Declaration – Opportunities and Risks

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I. WHY THIS TOPIC IS IMPORTANT: Shareholder loans are a proven tool for corporate financing, particularly in small and medium-sized “Mittelstand” enterprises. If a company encounters financial difficulties, these...more

Friling Law

Semiconductor Export Controls in 2026: Dual-Use Risk, Re-export, Sanctions Exposure, and Compliance Strategy

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Semiconductors are among the most strategically sensitive products in global trade. In 2026, exporting semiconductors is no longer a routine commercial matter: it is a legal, geopolitical, and compliance issue involving...more

JAMS

[PODCAST] Why the Right Conversation at the Wrong Time Can Derail Mediation

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We have seen many mediations in which the right conversation, held at the wrong time, made resolution more difficult rather than easier. We come to that observation from different professional paths: decades of cross-border...more

Sullivan & Worcester

SEC Proposes Optional Semiannual Interim Reporting Framework

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On May 5, 2026, the Securities and Exchange Commission (SEC) proposed amendments to the rules and forms governing periodic filing requirements for public companies that would allow companies to file one semiannual Form 10-S...more

Sterne, Kessler, Goldstein & Fox P.L.L.C.

Intellectual Property as a Value Driver and Risk Factor in Life Sciences Venture Investment: A Ten-Issue Due Diligence Framework

For venture capital investors in the life sciences sector, intellectual property (IP) is not merely a legal checklist item, it can be a primary determinant of company value, competitive insulation, and exit options....more

Ropes & Gray LLP

European Private Equity Market Recap – May 2026

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European buyout activity remained resilient in Q1, on pace to exceed prior-year levels despite macroeconomic headwinds such as the Iran conflict. Though QoQ deal count is slightly down, YoY deal count is up 17%, signaling a...more

Fried Frank

Chancery Finds Buyer’s Oral Statements about Future Plans May Have Gone Beyond “Mere Puffery” and Fraudulently Induced Seller to...

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In Shareholder Representative Services LLC v. Sphera Solutions, Inc. (Mar. 31, 2026), a Magistrate for the Court of Chancery, in a letter decision, at the pleading stage of the litigation, declined to dismiss the plaintiff’s...more

Cooley LLP

The SEC’s Semiannual Reporting Proposal: Fare Thee Well Quarterly Reporting?

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On May 5, 2026, the Securities and Exchange Commission (SEC) proposed rule and form amendments that would allow companies reporting under the Securities Exchange Act of 1934, as amended (Exchange Act), the option to file...more

Bradley Arant Boult Cummings LLP

Fixed-Price Contracting as Default: A Shift in Federal Procurement Policy

A recent executive order marks a significant policy shift in federal procurement by directing agencies to default to fixed-price, performance-based contracting....more

Baker Botts L.L.P.

From "Paper Compliance" to "Technical Verification": The $12.75M GM Settlement and Beyond

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The era of "checking the box" on privacy is over. California regulators have moved past simple policy audits and are now "pen-testing" the actual technical architecture of corporate data flows....more

Ropes & Gray LLP

Ropes & Gray’s Investment Management Update March – April 2026

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Section 205(a)(1) of the Advisers Act generally prohibits an investment adviser from entering into an investment advisory contract that charges a performance-based fee – i.e., compensation to the adviser based on a share of...more

Fried Frank

SEC Proposes Optional Semiannual Reporting for Public Companies

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On May 5, 2026, the Securities and Exchange Commission (the “SEC”) proposed rule and form amendments that would give public companies the option of filing semiannual reports on new Form 10-S in lieu of quarterly reports on...more

Cooley LLP

The SEC’s Semiannual Reporting Proposal: Open Questions & Practice Pointers

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After the SEC posted its proposing release for its semiannual reporting proposal last week, it posted this 3-minute video about the proposal. And here’s an excerpt from this Cooley Alert penned by Brad Goldberg, Beth Sasfai,...more

Baker Botts L.L.P.

SEC Proposes Optional Semiannual Reporting

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On May 5, 2026, the Securities and Exchange Commission (the “SEC”) proposed rule and form amendments that would grant public companies the option to file interim reports semiannually rather than quarterly....more

WilmerHale

How AI Use Can Increase Failure to Prevent Fraud Risk

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Companies increasingly rely on artificial intelligence (AI) to streamline workflows, improve efficiency, and perform complex tasks. To date, much commentary on AI risk has focused on external threats to companies (for...more

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

Fiduciary malpractice in the coordinated drafting of trust instruments for married couples: When equity’s restitution for unjust...

The lawyer-agent owes an equity-based fiduciary duty of undivided loyalty to the client-principal. Incidents of that overarching duty are the sub-duties of confidentiality and full disclosure. Assume a lawyer proposes to...more

Ankura

[Webinar] Convening at the Speed of Relevance: Hungary After the Election - May 19th, 10:00 am ET

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Hungary's recent national election ended the sixteen‑year premiership of Viktor Orbán and brought to power a new Tisza Party government led by Péter Magyar. For legal, compliance, and risk professionals advising companies...more

Kilpatrick

5 Key Takeaways | Pass-Through Entity Tax: Drafting Agreements to Take Advantage of State PTET Regimes and Federal Deduction...

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Kilpatrick’s Kylan Memminger recently participated on a panel discussion at the ABA Tax Section May Tax Meeting where they discussed the topic of “Pass-Through Entity Tax: Drafting Agreements to Take Advantage of State PTET...more

A&O Shearman

EBA final guidelines on application of definition of default under CRR

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The European Banking Authority (EBA) has published a final report amending its guidelines on the application of the definition of default under Article 178 of the Capital Requirements Regulation (CRR), as amended by CRR3....more

Venable LLP

Summer Reading: Five Documents Independent Schools Should Review This Summer

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As the academic year begins to wind down, the summer break offers a valuable window for reflection and preparation. For independent school leaders, it's an ideal time to step back from day-to-day demands and ensure that key...more

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