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Read need-to-know updates, commentary, and analysis on Elections & Politics issues written by leading professionals.

Takeaways from the 34th International Conference on the Foreign Corrupt Practices Act

by K&L Gates LLP on

At the 34th International Conference on the Foreign Corrupt Practices Act held last week in Washington, D.C., industry executives, members of the defense bar, and regulators examined developments in the enforcement of the...more

Local Government Contracts and Buying American

by Bilzin Sumberg on

In April 2018, President Trump issued an Executive Order calling for stricter enforcement of the federal government’s “Buy American” laws. These laws have been on the books for several decades and generally require that the...more

U.S. Tax Reform in Final Stretch

by Hogan Lovells on

This past week, on 1 December, the Senate voted 51-49 to advance its version of U.S. tax reform legislation. This sets the stage for a conference committee process to occur over the next two weeks, in which the Senate and...more

Federal Tax Reform: An Analysis of the House and Senate Bills

by Ballard Spahr LLP on

As we are sure you know, both the U.S. House of Representatives and Senate have passed their own versions of tax legislation, known as the Tax Cuts and Jobs Act. The two different bills will be reconciled in a conference...more

Federal Tax Reform: Side-by-Side Comparison of the Senate and House Approved Bills, Plus the Big Picture

by Ballard Spahr LLP on

Last updated December 5 - The Senate Finance Committee released a detailed description of the Senate's tax reform bill, titled the Tax Cuts and Jobs Act, on November 9. The Committee has not released the text of the bill,...more

NAFTA Watch Newsletter Vol. 10 – NAFTA Renegotiation Part 4: Negotiations without Trade Ministers

by Benesch on

This publication is our tenth installment in a series designed to provide our clients in the manufacturing, transportation and logistics, and related industries with monthly updates on any action taken by the Trump...more

The President’s Trip To Asia

by King & Spalding on

The President’s first trip to Asia provided additional insight into his priorities for the region. The 12-day trip, which began on November 5, included visits to five countries – Japan, South Korea, China, Vietnam, and the...more

Senate Passes Tax Reform Bill

by Dechert LLP on

The U.S. Senate passed its version of the GOP tax reform bill, the Tax Cuts and Jobs Act (the “Senate Bill”), on Saturday, December 2, 2017. Shortly before approving the Senate Bill, the U.S. Senate adopted a Manager’s...more

Tax Alert Regarding The Impact Of The House And Senate Tax Bills On International Taxation

On November 2, 2017, House Ways and Means Committee Chairman Kevin Brady (R-TX) introduced a tax bill entitled the Tax Cuts and Jobs Act, and later proposed amendments to the bill on November 3, November 6, and November 9,...more

Foreign Agents Registration Act Enforcement

by Michael Volkov on

One consequence of the ongoing Russia investigation against the current administration is increased focus and probable enforcement of the Foreign Agents Registration Act (FARA). For Washington insiders, FARA was a known...more

Sweeping Implications for CFIUS Reform: Bipartisan FIRRMA Legislation Gains Traction

by Baker Donelson on

As President Trump met with Chinese President Xi Jinping on November 9 at the Great Hall of the People in Beijing, he surprised many by giving China "great credit" for "taking advantage of" the United States on key...more

Significant Regulatory Innovations for REITs in Belgium

by Jones Day on

The Situation: Belgium's Law of October 22, 2017, modifies the REIT Regime by broadening the scope of REIT activities and relaxing the country's existing regulatory framework for REITs. The Result: The real estate sector...more

Deemed Dividends Under Proposed Tax Reform

by Miles & Stockbridge P.C. on

2017 tax reform efforts may alleviate adverse deemed dividend tax treatment of foreign subsidiary support for the obligations of U.S. parent companies. Present support is limited to the pledge of 66 ?rds of the stock in...more

A closer look at round five of the NAFTA negotiations

by Dentons on

Round five of the NAFTA negotiations concluded in Mexico City on November 21, 2017. This round was conducted in the absence of trade ministers from all three countries in the hopes of advancing in technical areas and...more

“Core Elements” Of TPP-11 Agreement Reached In Vietnam

by King & Spalding on

On November 10, 2017, Trade Ministers from the eleven remaining Trans-Pacific Partnership (TPP) countries (minus the United States) announced that they had reached an agreement on “core elements” of the renegotiated...more

Congress Proposes Increased Scrutiny on Foreign Investments in the U.S.

by Kelley Drye & Warren LLP on

A bipartisan group of co-sponsors in both the House and the Senate recently introduced the Foreign Investment Risk Review Modernization Act (“FIRRMA”). These substantively identical bills demonstrate that Congress is now...more

New Trade Cases on Imports of Sodium Gluconate, Gluconic Acid, and Derivative Products from China and France

by Clark Hill PLC on

New US antidumping (AD) and countervailing (CVD) duty investigations were filed on November 30 against imports from China and France of sodium gluconate (GNA), gluconic acid (GA), and close derivatives, liquid gluconate (LG)...more

CBP Takes Measures to Enforce Ban on Imports Made With Forced Labor and Sanctions for Forced North Korean Labor in Supply Chains

On November 22, 2017, Apple, Inc. (“Apple”) released a statement confirming reports that its major supplier in China, Foxconn Technology Group (“Foxconn”) has used illegal student labor to assemble the latest version of the...more

Former National Security Advisor, Michael Flynn, Charged with Lying to the FBI, and Pleads Guilty

On November 30, 2017, a two-page criminal information was filed by Robert S. Mueller III’s Special Counsel’s Office, charging Michael Flynn with two counts of “willfully and knowingly” making “materially false, fictitious,...more

The U.S. Fights Back at the WTO on China’s NME Status

by Kelley Drye & Warren LLP on

Last week, the United States filed its first legal analysis of the China non-market economy issue in a dispute at the World Trade Organization brought by China against the European Union....more

Expansion of FCPA “Pilot Program” is Good for Companies, but Heed the Fine Print

by McGuireWoods LLP on

Deputy Attorney General Rod Rosenstein’s Nov. 29 announcement that the Department of Justice FCPA “Pilot Program” will be permanently expanded is good news for companies that repeatedly faced the dilemma of whether or not to...more

Revised U.S. Regulations Support Cuba's Private Sector, but Travel Restrictions Remain

by Jones Day on

The Situation: Regulations implementing tightened U.S. policy towards engagement with Cuba have rolled back a number of Obama-era initiatives and are effective immediately. The Result: Provisions that encourage Cuban...more

Currents - Energy Industry Insights - November 2017 #3

EPA Hosts Public Hearing in Charleston on Clean Power Plan - "Those who favored repeal cited coal jobs and economic concerns, saying they fear if the plan were implemented, it would negatively affect coal jobs and along...more

Red Notice Newsletter - November 2017

ANTICORRUPTION DEVELOPMENTS – SBM Offshore N.V. Agrees to Pay $238 Million to Resolve DOJ FCPA Enforcement Action - On November 29, 2017, SBM Offshore N.V. (SBM), a Netherlands based company specializing in the...more

Aluminum Imports Again Targeted by a New Trade Case

by Clark Hill PLC on

Chinese aluminum exports are again the target of a new U.S. trade action. On November 28, 2017, the Department of Commerce (Commerce) self-initiated antidumping (AD) and countervailing duty (CVD) investigations against...more

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