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Nossaman LLP

Compliance Notes - Vol. 5, Issue 34

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Welcome to Compliance Notes from Nossaman’s Government Relations & Regulation Group – a periodic digest of the headlines, statutory and regulatory changes and court cases involving campaign finance, lobbying compliance,...more

Benesch

Force Majeure Claims - Contract Provisions, Notices, and Ordinary Business Risk

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Force majeure contract provisions and force majeure notices have been top of mind more times in recent memory than we care to count. The recent short-lived port strike, two devastating hurricanes, and the Francis Scott Key...more

Bass, Berry & Sims PLC

FTC Releases “Click to Cancel” Rule

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On October 16, the Federal Trade Commission (FTC) released the final version of its Rule Concerning Recurring Subscriptions and Other Negative Option Programs (Rule), which requires sellers of products and services to receive...more

Conyers

All Good Things Must Come to an End: The Cayman Islands Court of Appeal Provides Helpful Guidance on Dissolution Orders

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Frequently obtained, but rarely challenged, dissolution orders are an important final step in the process of liquidation. Dissolution represents the end of an official liquidation and the end of a company’s life. In a...more

Perkins Coie

FTC Finalizes “Click To Cancel” Rule With Substantial Requirements for Recurring Subscription Programs

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The Federal Trade Commission (FTC) announced its final Negative Option Rule (the Rule)—which the FTC often refers to as the “Click to Cancel” rule—for automatically renewing subscriptions, free trials that convert to paid...more

Katten Muchin Rosenman LLP

Hydrochloric Acid, Sewage Backup, and the Use of Independent Contractors

A federal court in West Virginia has ruled – in case you had any doubts – that using an independent contractor to transport your product may not protect you from the exposure when 1,728 gallons of your hydrochloric acid...more

The Volkov Law Group

BIS Imposes $500,000 Penalty on Semiconductor Manufacturer for Entity List Violations

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On November 1, 2024, the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) imposed a $500,000 monetary penalty on GlobalFoundries U.S. 2 LLC and its parent, GlobalFoundries U.S. Inc., for a series of...more

Thomas Fox - Compliance Evangelist

Using Culture Audits to Strengthen Your Compliance Program

Gone are the days when culture audits were an optional extra; they are now a core element for assessing employee engagement, ethical perceptions, and trust levels across all tiers of an organization. The culture audit is more...more

Best Best & Krieger LLP

Commercial Leasing Changes You NEED to Know Starting January 1, 2025

In 2019, the California State Legislature enacted the Tenant Protection Act, aimed at protecting long-term residential tenants by limiting rent increases and restricting evictions. To date, statewide tenant protections have...more

Foley Hoag LLP - Cannabis and the Law

New York Finally Re-Opens Cannabis Application Round for Brand Licensing

New York is unique among state-regulated cannabis markets for a host of different nuances and complexities, but among them is the Type 3 – Processor Branding License, which provides, among other things, that third-party...more

The Volkov Law Group

LRN’s Code of Conduct Report: Tracking Innovation and Usage

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LRN consistently provides high-quality reports and important insights on ethics and compliance trends. Each year, LRN’s Program Effectiveness Report is anticipated as an important source of cutting-edge ethics and compliance...more

Goodwin

Irish Data Protection Commission fines LinkedIn Ireland EUR 310 million for GDPR violations

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On October 24, 2024, the Irish Data Protection Commission (DPC) issued a press release announcing its EUR 310 million fine of LinkedIn over the platform’s use of member personal data in breach of the EU’s General Data...more

Orrick, Herrington & Sutcliffe LLP

FinCEN requires title insurance companies to disclose individuals’ identities

On October 15, FinCEN renewed its Geographic Targeting Orders (GTOs) requiring U.S. title insurance companies to report the identities of individuals behind shell companies used in non-financed residential real estate...more

Morris James LLP

Chancery Finds Language in LLC Agreement Insufficient To Waive Fiduciary Duties and Permit Competing Business Ventures

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Green v. McClive, C.A. No. 2023-0139-MTZ (Del. Ch. June 3, 2024) - The plaintiff filed claims against defendant McClive, alleging breach of contract, breach of fiduciary duty, and usurpation of corporate opportunities...more

Vinson & Elkins LLP

A Closer Look at the New Texas Business Courts: Key Developments and Insights

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On September 1, 2024, a notable change occurred in the Texas legal landscape with the official launch of the new Texas Business Courts. Created through House Bill 19, which was signed into law on June 9, 2023, these 11 civil...more

Sherman & Howard L.L.C.

AI Risks: Are You Covered?

You can’t go anywhere these days without hearing about the impact of generative artificial intelligence on … well, everything. The insurance industry is not immune from these impacts; it has been affected by AI in countless...more

Robinson+Cole Manufacturing Law Blog

Multiples, Multiples, Multiples! Why Manufacturing Companies Should Look Beyond EBIDTA Multiples

What are you hearing? What do the “multiples” look like in my [insert sub-industry] in manufacturing?...more

Stikeman Elliott LLP

Alberta Insurance Regulator Considers When Automobile Extended Warranty, Dealer Loyalty and Similar Products are Insurance in...

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On October 10, 2024, the Alberta Superintendent of Insurance issued Interpretation Bulletin 05-2024 (“Bulletin”) on the insurance regulatory treatment of motor vehicle warranty contracts, dealership loyalty programs and...more

King & Spalding

Delaware Supreme Court Affirms Lender’s Exercise of Right to Replace Officers

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On September 23, 2024, the Delaware Supreme Court affirmed a lower court’s ruling that Byju’s Alpha, Inc. was in default under the terms of a credit agreement for a $1.2 billion loan and that the lenders had authority under...more

Bowditch & Dewey

What Massachusetts Owner-Occupied Residential Property Owners (and Solar Panel Installers) Need to Know Before Contracting for...

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In July, 2024, the Connecticut Attorney General filed suit alleging that certain solar panel installers had violated the Connecticut Unfair Trade Practices Act (“CUTPA”) by: - engaging in conduct that violates public...more

Potomac Law Group, PLLC

Don't Miss Your Window: The Importance of Timely SBA Size Protests

Imagine you're a small business owner trying to win a government contract. You meet all the requirements to be considered "small." However, another company wins the contract, but you think they might not actually be as small...more

International Lawyers Network

Bankruptcy, Insolvency & Rehabilitation Proceedings in Slovakia (Updated)

KEY FACTS OF BANKRUPTCY, INSOLVENCY & REHABILITATION PROCEEDINGS UNDER SLOVAKIAN LAW - We present here the following answers to the questions mentioned in the ILN Restructuring & Insolvency Collaborative Paper which...more

Goodwin

The NIS 2 Era Is Here: Are You Compliance-Ready?

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With the deadline for Member States to transpose the European Union’s updated Network and Information Systems Directive (Directive (EU) 2022/2555) (NIS 2 or Directive) into national law, with the Directive having passed on 18...more

K&L Gates LLP

Franchising Code Reforms: Exposure Draft Released

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The Australian government has released an Exposure Draft of the Competition and Consumer (Industry Code – Franchising) Regulations 2024 (Cth) (the Exposure Draft), which would repeal and replace the current Franchising Code...more

Benesch

Global Services Contracts - Going to Market with the Best Strategy for Your Case

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Global transportation and logistics services can amount to some of the largest expenses, and even the largest single contracts by spend, for enterprises with high traffic volumes. Among mature buyers and sellers of goods the...more

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