The recent advancement of the GENIUS Act marks a turning point in the regulatory treatment of stablecoins in the United States, establishing a federal framework for the issuance and supervision of payment stablecoins. The…
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/ Administrative Law, Finance & Banking, Science, Computers, & Technology
On May 30, 2025, the U.S. Supreme Court ruled in favor of the Trump Administration, allowing it to terminate the Cuba, Haiti, Nicaragua, Venezuela (CHNV) Humanitarian Parole Program. This decision reversed lower court rulings…
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/ Administrative Law, Labor & Employment Law, Immigration Law
Sarasota, FL – Shumaker's clients celebrated a significant victory in their efforts to arbitrate claims against subsidiaries of the failed First Republic Bank. Sixteen former First Republic advisors—all of whom were clients of…
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/ Alternative Dispute Resolution (ADR), Civil Procedure, Finance & Banking
On June 2, 2025, the Supreme Court denied the petition for writ of certiorari filed by Alpine Securities Corporation in Alpine Securities Corp. v. Financial Industry Regulatory Authority. Interestingly, on the same day, the…
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/ Administrative Law, Constitutional Law, Securities Law
Florida has long been a magnet for businesses seeking a favorable economic climate, lower tax burdens, and a pro-business regulatory environment. For entities looking to leverage these advantages by relocating, converting an…
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/ Business Organizations, Conflict of Laws, Mergers & Acquisitions
On March 25, 2025, the Financial Industry Regulatory Authority (FINRA) issued a 100-page Administrative Order and Decision confirming and modifying its sanctions of Alpine Securities Corporation, which include expulsion from…
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/ Administrative Law, Constitutional Law, Securities Law
On April 9, 2025, the Trump Administration issued guidance that calls for the massive repeal of regulations throughout federal agencies. The guidance cites multiple Supreme Court decisions, including Loper Bright Enterprises v…
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/ Administrative Law, Constitutional Law
Seasoned global insolvency professionals are aware that the Bankruptcy Code is the governing law of Chapter 11 cases. The US Bankruptcy Code contains the phrase "unless applicable non-bankruptcy law provides otherwise" in many…
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/ Bankruptcy, Commercial Law & Contracts, Labor & Employment Law
Under Rule 506(c) of Regulation D of the Securities Act of 1933, as amended (the “Securities Act”), general solicitation of prospective purchasers is permitted if the issuer takes reasonable steps to verify the purchasers’…
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/ Administrative Law, Finance & Banking, Securities Law
On September 27, 2024, the United States Securities and Exchange Commission (SEC) adopted “EDGAR Next,” a collection of rule and form amendments intended to streamline access to, and management of, accounts on the SEC’s filing…
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/ Administrative Law, Securities Law
On March 26, 2025, FinCEN announced that “All entities created in the United States – including those previously known as ‘domestic reporting companies’ – and their beneficial owners are now exempt from the requirement to report…
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/ Administrative Law, Business Organizations, International Law & Trade
The Agency for Health Care Administration (AHCA) has updated Florida Administrative Rule 59A-35.090 for background screening. This update is to align with 2024 legislation, which added additional disqualifying offenses to the…
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/ Administrative Law, Health, Labor & Employment Law
Now’s the time to review your GST tax exposure
Absent congressional action this year, the federal gift and estate exemption and the generation-skipping transfer (GST) tax exemption (currently $13.99 million) are scheduled to…
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/ Finance & Banking, Taxation, Wills, Trusts, & Estate Planning
On February 27, 2025, the Financial Crimes Enforcement Network (FinCEN) announced it will “…not issue any fines or penalties or take any other enforcement actions against any companies based on any failure to file or update…
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/ Administrative Law, Business Organizations, Finance & Banking
On February 17, 2025, the U.S. District Court for the Eastern District of Texas, in Smith et al. v. U.S. Department of the Treasury et al., stayed (lifted) the injunction blocking the enforcement of the Corporate Transparency…
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/ Administrative Law, Business Organizations, Finance & Banking
