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Mayer Brown

Criteria to Consider When Assessing Borrowing Base Credit for Participation Interests

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This Legal Update explores the considerations that a warehouse lender should bear in mind when deciding whether to provide borrowing base credit for participation interests and defining eligible participation interests....more

Nelson Mullins Riley & Scarborough LLP

HERTZ After Cert Denial: Make-Wholes, Solvent Debtors, and the Reach of § 502(b)(2)

A solvent debtor cannot have it both ways. That is the real lesson of In re The Hertz Corporation. With the Supreme Court denying certiorari on January 12, 2026, the Third Circuit’s decision now stands as settled law in one...more

Alston & Bird

New York’s FAIR Act Update: Governor Hochul Signs Chapter Amendment SB 8811 Refining the New UDAP/UDAAP Framework

Alston & Bird on

What Happened? On March 27, 2026, New York Governor Kathy Hochul signed into law SB 8811 (Chapter 94 of the Laws of 2026), a chapter amendment relating to the Attorney General’s ability to protect New Yorkers from unfair,...more

Mayer Brown Free Writings + Perspectives

FINRA Investor Education Foundation Examines Effects of Social Media “Finfluencers”

On April 2, 2026, the Financial Industry Regulatory Authority (“FINRA”) Investor Education Foundation (the “Foundation”) published a brief (the “Brief”) examining the demographic characteristics, investment knowledge and...more

Friling Law

FinCEN’s April 1, 2026 NPRM (Notice of Proposed Rulemaking): Treasury Whistleblower Rules Under the Bank Secrecy Act and the...

Friling Law on

I. Introduction: On April 1, 2026, the Financial Crimes Enforcement Network (“FinCEN”) issued a Notice of Proposed Rulemaking (“NPRM”) to establish a formal whistleblower program under the Bank Secrecy Act (“BSA”)....more

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

McGuireWoods LLP

FDA’s FY 2027 Legislative Proposals Include Game Changers for Life Science Private Equity

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The U.S. Food and Drug Administration’s fiscal year 2027 budget justification includes more than 20 legislative proposals spanning drug and biologic approval pathways, supply chain oversight, advertising standards and...more

Skadden, Arps, Slate, Meagher & Flom LLP

The Standard Formula: Encyclopaedia of Prudential Solvency – Chapter 13: The Prudential Solvency Regime in Korea

This chapter of the Encyclopaedia of Prudential Solvency discusses the prudential solvency regime in South Korea. The insurance sector there stands as one of the most dynamic and sophisticated in Asia, ranking as the seventh...more

Ropes & Gray LLP

Dealmaker's Digest: A Top 10 Bulletin - April 2026

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In Dealmaker’s Digest, read the top 10 latest developments in global transactions. We offer insights into M&A activity across industries and borders....more

Paul Hastings LLP

White House Releases Stablecoin Yield Report, GENIUS Act Regulations Advance, SEC’s ‘Regulation Crypto’ Progresses and Federal...

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Regulations under the GENIUS Act continued to advance. FinCEN and OFAC issued a joint proposed rule that would implement the GENIUS Act’s requirement that stablecoin issuers be treated as financial institutions under the Bank...more

Cooley LLP

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

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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

NAVEX

One Easy Prediction: More Risks From Prediction Markets

NAVEX on

Here’s one sure bet for compliance officers this spring: your oversight of insider trading risk is about to get a lot more complicated, thanks to the rise of prediction markets. Prediction markets, as you may have seen from...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

Proskauer - The Capital Commitment

Risk #7: Crypto’s Second Act: A Rational Framework or a Regulatory Mirage?

Many in the crypto space greeted the second Trump Administration with excitement. The first Trump Administration was crypto-friendly, but did not wholly overturn the existing securities framework for crypto assets. The Biden...more

Baker Botts L.L.P.

CFTC Settlement in Singh Matter Highlights Cooperation Credit and Aiding-and-Abetting Claims

Baker Botts L.L.P. on

On April 1, 2026, the U.S. Commodity Futures Trading Commission (the “CFTC” or the “Commission”) announced that the U.S. District Court for the Southern District of New York entered a supplemental consent order (“the...more

Bracewell LLP

From Enforcement to Framework: Treasury Advances Stablecoins Under GENIUS Act

Bracewell LLP on

Over the past several years, US crypto policy has reflected two competing regulatory approaches in Washington. Under the Biden administration, agencies took an enforcement-forward posture, with the Securities and Exchange...more

Skadden, Arps, Slate, Meagher & Flom LLP

Lloyd’s of London: New Five-Year Strategy Signals Shift to Returns and Capital Efficiency

On 19 March 2026, Lloyd’s of London (Lloyd’s/the Corporation) launched its 2026-30 strategy, setting out a pivot of priorities from platform transformation to an emphasis on financial performance and capital optimisation....more

McDermott Will & Schulte

Incoming from Delaware: Unclaimed Property VDA Program invitation notices have been sent out

The Delaware Office of the Secretary of State (SOS) confirmed that on April 10, 2026, invitation notices were sent to businesses (holders) identified as potentially out of compliance with Delaware’s unclaimed property law....more

The Volkov Law Group

Episode 405 -- DOJ Balt Declination: Individual Accountability in Action

The Volkov Law Group on

In this episode, we examine the Department of Justice’s declination in the Balt Medical case—a textbook example of how DOJ is applying its Corporate Enforcement Policy in practice. Despite a multi-year foreign bribery scheme...more

A&O Shearman

UK Pensions: What’s new this week? April 2026 #2

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Welcome to your weekly update from the A&O Shearman Pensions team, covering all the latest legal and regulatory developments in the world of workplace pensions. The Pensions Regulator (TPR) is encouraging trustees of...more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

The Most Important 30 Minutes of Your Plan Committee Meeting

Most plan committee meetings last an hour or more, but only a small portion of that time actually reduces fiduciary risk. In my experience, the most important part of any meeting is a focused 30-minute window where real...more

Hogan Lovells

OFAC continues to expand authorizations for Venezuela-related transactions through new and amended general licenses

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Since our prior report on March 13, 2026, OFAC has issued and amended multiple Venezuela-related general licenses, significantly expanding authorized activity—most notably through newly issued General Licenses 52, 54, and 55....more

Sheppard, Mullin, Richter & Hampton LLP

FINCEN’s One-Two Punch: New Health Care Fraud Advisory Followed by Proposed Whistleblower Rule

In a notable back-to-back set of releases, the Financial Crimes Enforcement Network first issued a March 30, 2026 advisory urging financial institutions to identify and report suspicious activity tied to health care fraud...more

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