Faegre Drinker Biddle & Reath LLP

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Other U.S. Locations
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1,000+ Attorneys

UK Amends Immigration Rules with Statement of Changes, 10 September 2024

On 10 September 2024, the UK government released its Statement of Changes amending the Immigration Rules. Key changes relevant to many of our clients are summarised below…more
 /  Immigration Law, International Law & Trade

Recent Legislative Developments Impacting Pharmacy Benefit Managers, Health Plans & More

As prescription drug costs remains a significant, and largely bipartisan, issue for state and federal legislators, we continue to see activity focused on pharmacy benefit managers (PBMs) as we approach the last quarter of 2024…more
 /  Health

New Investment Opportunity in China’s Health Care Sector Following Recent Legal Reforms

Policy Announcements - On September 6, 2024, the People’s Republic of China’s (PRC) National Development and Reform Commission and the PRC Ministry of Commerce issued the “Special Administrative Measures for Foreign…more
 /  Health, International Law & Trade, Science, Computers, & Technology

Can a Treating Physician’s Medical Testimony Be “Lay Opinion”? Divided Sixth Circuit Panel Disagrees on Where to Draw the Line

Federal Rules of Evidence 701 and 702 govern the admissibility of lay and expert opinion testimony, respectively, in federal courts. Rule 701(c) helps paint the line between the two, providing that an opinion “based on…more
 /  Civil Procedure, Health

Texas Federal Court Finds Prerecorded Calls to Schedule Pest Inspections Were Informational, Not Telemarketing

A Texas federal court recently granted summary judgment for the defendant in a TCPA putative class action, finding that prerecorded calls to schedule a pest inspection were informational rather than telemarketing. Bradford v…more
 /  Communications & Media Law, Consumer Protection, Privacy

NO FAKES Here: A New Tool to Protect Against the Misuse of AI?

What do Scarlett Johansson, Drake, The Weeknd, and Taylor Swift have in common (besides being among this millennial’s fav celebs)? They all have the distinct displeasure of becoming a target of deepfake technology – a type of…more
 /  Art, Entertainment, & Sports Law, Intellectual Property, Science, Computers, & Technology

The New Fiduciary Rule (48): Recommendations to Transfer IRAs (DOL)

The stay of the effective dates of the amended fiduciary regulation and amended exemptions means that the “old” DOL fiduciary regulation (the 5-part test) and the existing exemptions continue in effect indefinitely…more
 /  Finance & Banking, Labor & Employment Law, Securities Law

Recap of the FDA and CTTI Public Workshop on AI in Drug Development

On August 6, 2024, the Food and Drug Administration (FDA) partnered with the Clinical Trials Transformation Initiative (CTTI) to hold a joint, public workshop titled, “Artificial Intelligence (AI) in Drug & Biological Product…more
 /  Health, Science, Computers, & Technology

Rollover Recommendations: PTE 2020-02 Compliance Considerations Following the DOL Fiduciary Rule Stay

The effective date of the DOL’s new expansive fiduciary rule and the amendments to Prohibited Transaction Exemption (PTE) 2020-02 has been stayed pending the outcome of the lawsuits challenging the rule and the amended PTE…more
 /  Finance & Banking, Labor & Employment Law, Securities Law

Artificial Intelligence Briefing: Lawsuits, Agreements and Comments – Oh My!

Recent developments in AI continue to highlight its increasing prevalence and the regulatory challenges it poses. The DOJ has sued RealPage, alleging its AI software enables rent price-fixing, while NIST partnered with OpenAI…more
 /  Consumer Protection, Science, Computers, & Technology

The New Fiduciary Rule (47): Recommendations to Transfer IRAs (SEC)

The stay of the effective dates of the amended fiduciary regulation and amended exemptions means that the “old” DOL fiduciary regulation (the 5-part test) and the existing exemptions continue in effect indefinitely. As a result,…more
 /  Finance & Banking, Labor & Employment Law, Securities Law

EPA Extends Deadline to Report on Novel PFAS TSCA Reporting Rule

On September 5, 2024, the Environmental Protection Agency (EPA) finalized a rule providing much needed breathing room for the thousands of companies analyzing their company and supply chains to determine if their products or…more
 /  Environmental Law

CFTC Cracks Down: Escalating Enforcement and Raising the Stakes in the Voluntary Carbon Market

The Commodity Futures Trading Commission (CFTC) has taken a significant step in its oversight of the voluntary carbon markets with a recent enforcement action against defendants who misappropriated funds through a carbon credit…more
 /  Environmental Law, Finance & Banking, Securities Law

The New Fiduciary Rule (46): The Regulation and Exemptions are Stayed—What Remains? (6)

The stay of the effective dates of the amended fiduciary regulation and amended exemptions means that the “old” DOL fiduciary regulation (the 5-part test) and the existing exemptions continue in effect indefinitely. As a result,…more
 /  Finance & Banking, Insurance, Labor & Employment Law, Securities Law

Ratification of Defective Corporate Acts: An Overview

What Steps Does a Board Need to Take to Ratify a Defective Corporate Act? 1. Draft a Resolution. For each act that needs ratification, the resolution must include: (a) the defective act, (b) the date the act occurred,…more
 /  Business Organizations, Mergers & Acquisitions
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