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Polsinelli

U.S. Launches National Security Investigation Into Aircraft and Jet Engine Imports

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On May 1, 2025, the Secretary of Commerce initiated a new investigation under Section 232 of the Trade Expansion Act of 1962 (Section 232) on imports of commercial aircraft and jet engines, and parts for commercial aircraft...more

Gray Reed

Bad Guys in Energy Paid the Piper in 2024

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As in every year, in 2024 the grinches of law enforcement brought financial and corporal misery to bad guys in energy. Here is a review of the crimes of only a few of the convicted, admitted and alleged bribsters, swindlers...more

Alston & Bird

President Trump Slashes China Tariffs by 115%

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In a Joint Statement released early Monday following weekend negotiations in Geneva, the United States and China announced mutual commitments to pause the tariffs applicable to each other’s goods.  The parties committed to...more

The Volkov Law Group

This is Not the Time to Retreat on Compliance

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Call me an optimist — it is a much better alternative than being a pessimist or a “realist” with a pessimistic bent. So, let’s start by acknowledging the obvious. Businesses are operating in a volatile environment. The...more

DLA Piper

President Trump Signs Executive Order Aimed at Reducing Prescription Drug Prices

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President Donald Trump signed an Executive Order (EO) titled “Delivering Most-Favored-Nation Prescription Drug Pricing to American Patients” aimed at reducing prescription drug prices for Americans by ensuring they do not pay...more

Holland & Knight LLP

U.S. Health Data Affected by New National Security Restrictions on International Data Transfers

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Health Insurance Portability and Accountability Act (HIPAA)-covered entities and business associates should be familiar with restrictions on the use or disclosure of protected health information (PHI) under HIPAA rules....more

Bradley Arant Boult Cummings LLP

2nd Circuit Holds Arbitration Treaty Trumps State Insurance Law

On May 8, the Second Circuit held that the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards trumps a Louisiana state law barring arbitration of insurance disputes in a pair of cases, Certain...more

A&O Shearman

FCA Handbook Notice 129

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The UK Financial Conduct Authority (FCA) has published Handbook Notice 129 which sets out changes to the classes of derivatives subject to the derivatives trading obligation (DTO), following policy statement PS25/2 published...more

A&O Shearman

Delegated regulation amending RTS on supervisory delta of call and commodity risk options published in the OJ

A&O Shearman on

Commission Delegated Regulation (EU) 2025/855 amending regulatory technical standards (RTS) laid down in Delegated Regulation (EU) 2021/931 as regards the specification of the formula for calculating the supervisory delta of...more

Clark Hill PLC

Right To Know - May 2025, Vol. 29 | News & Events

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Welcome to your monthly rundown of all things cyber, privacy, and technology, where we highlight all the happenings you may have missed. State Action: Virginia Governor Signs Bill Restricting Minor’s Use of Social...more

Skadden, Arps, Slate, Meagher & Flom LLP

Trump Attempts To Reign In Drug Prices With Most-Favored-Nation Approach

On May 12, 2025, President Donald Trump signed the executive order (EO) “Delivering Most-Favored-Nation Prescription Drug Pricing To American Patients.” The EO sets forth policy positions that attempt to further reign in drug...more

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

The Space Industry’s Legal Landscape: Developing Robust Intellectual Property Portfolios

As private industry and government entities increasingly venture into space, securing IP rights for space-related innovations has become a critical consideration. The global space industry is projected to generate more than...more

A&O Shearman

FCA discussion paper on regulating cryptoasset activities

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The UK Financial Conduct Authority (FCA) has published a discussion paper (DP25/1) on proposals for regulating cryptoasset activities, with a new webpage and press release. The FCA is seeking to develop a safe, competitive...more

Skadden, Arps, Slate, Meagher & Flom LLP

In a New Memo, DOJ Outlines White Collar Crime Focus Areas and Prosecutorial Guidance

Key Points - - A new memo suggests DOJ will continue to prosecute white collar fraud and crimes. - DOJ identified 10 “high-impact” areas of focus, prioritizing crimes that cause harm to government programs, citizens, and...more

Jenner & Block

Client Alert: English High Court Confirms That India’s Ratification of the New York Convention Was Not a Waiver of Its Sovereign...

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The threshold for challenging awards and their enforcement in the UK remains high, a key reason why London remains one of the busiest arbitration venues in the world and a key jurisdiction for the enforcement of arbitral...more

A&O Shearman

Consolidated Q&A on PRIIPs KID updated

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The Joint Committee of the European Supervisory Authorities (ESAs) has updated its consolidated Q&A on the EU packaged retail and insurance-based investment products (PRIIPs) key information document...more

J.S. Held

Explaining Standard of Care in Construction Disputes

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Setting the Stage for Construction Litigation Support - The scale and complexity of construction projects often lead to a different outcome than expected, creating a dispute between the parties. Many construction disputes...more

Holland & Knight LLP

Treasury Department Announces Fast-Track Pilot Program for Foreign Investors

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The U.S. Department of the Treasury on May 8, 2025, announced its intent to launch a fast-track process to facilitate greater investment from allied and partner sources. The process will include the launch of a "Known...more

Husch Blackwell LLP

Summary of Tariff Requirements Updated: May 14, 2025

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Provided below is a status update and summary of tariffs that have been implemented since February 1, 2025, and its impacts on imports from multiple countries. IEEPA Tariffs - IEEPA tariffs were announced on February 1,...more

McDonnell Boehnen Hulbert & Berghoff LLP

What Do Changes to Palworld Mean for the PocketPair/Nintendo IP Dispute?

I have been following and writing about the ongoing legal battle between Nintendo / The Pokémon Company and PocketPair over PocketPair’s popular video game Palworld. This past week, PocketPair published a blog post addressing...more

Benesch

New China Shipbuilding Tariff - Comments Due Next Week

Benesch on

Newly proposed tariffs and restrictions on China’s maritime, logistics, and shipbuilding practices were issued on April 17, 2025. The United States Trade Representative’s (“USTR”) Section 301 investigation found China holds...more

Carey Olsen

Why the Cayman Islands continues to be a popular jurisdiction for offshore funds

Carey Olsen on

Over the past 25 years, the Cayman Islands have established themselves as a leading jurisdiction for alternative investment funds, with nearly 13,000 regulated open-ended funds and over 17,000 regulated closed-ended funds. As...more

King & Spalding

AI Quarterly Update: Recent AI Legislation Efforts Signal Potential Challenges for State-Led Regulatory Approach

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In Q1 of 2025, there have been significant regulatory and policy developments at the state, federal, and international level regarding artificial intelligence (“AI”). In Europe, the phased implementation of the European...more

McGuireWoods LLP

Tax Bill Proposes Phasedowns in ITC and PTC, Limits on Transferability

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On May 12, 2025, the House Ways and Means Committee released a draft of the Republican-sponsored 2025 tax bill, which addresses a number of renewable and clean energy tax credit matters previously extended in the Inflation...more

Cooley LLP

FDA Expands Unannounced Inspections at Foreign Manufacturing Facilities

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On May 6, the US Food and Drug Administration (FDA) announced plans to expand its use of unannounced inspections at foreign manufacturing facilities that “produce foods, essential medicines, and other medical products...more

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