Oh, the places you will go and the people you will meet! This work thing can be so all-consuming that your first years as an associate leave no room for much of anything (well, other than work). Then, you will make partner and…
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/ Law Practice Products & Services
On May 8, the Office of the Comptroller of the Currency (“OCC”) issued an interim final rule rescinding the 2024 final rule to OCC merger procedures and an accompanying policy statement…
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/ Administrative Law, Finance & Banking, Mergers & Acquisitions
The UK’s Financial Conduct Authority ("FCA") has published its final Policy Statement on Investment research payment optionality for fund managers (PS25/4) (see here for our note on PS25/4’s preceding Consultation Paper). The…
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/ Commercial Law & Contracts, Finance & Banking, Securities Law
As if the saga of litigation involving the Consumer Financial Protection Bureau (“CFPB”) and National Collegiate Master Student Loan Trusts (“NCSLT”) that has been going on since 2017 has not been protracted and complicated…
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/ Administrative Law, Alternative Dispute Resolution (ADR), Consumer Protection, Finance & Banking
In the post-pandemic world, several trends are developing that will fundamentally change the way financial market participants manage commercial risk or trade traditional and rapidly evolving novel assets, while new classes of…
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/ Commercial Law & Contracts, Finance & Banking, Science, Computers, & Technology, Securities Law
For those that are not aware, Liverpool Football Club have now officially won their record equalling 20th English league football title.
For the benefit of non-fans of association football or soccer (“soccer” of course…
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/ Business Organizations, Commercial Law & Contracts, Finance & Banking
Effective July 27, 2025, any person that files a Hart-Scott-Rodino (HSR) Act Notification and Report Form (HSR Form) with the Federal Trade Commission (FTC) and the Department of Justice (DOJ) must also submit an electronic copy…
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/ Antitrust & Trade Regulation, Health, Mergers & Acquisitions
In a recent decision, In re Facebook Inc. Derivative Litigation, Vice Chancellor J. Travis Laster of the Delaware Court of Chancery imposed litigation sanctions on a former officer and director of Meta Platforms, Inc. (“Meta”)…
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/ Business Organizations, Business Torts, Civil Procedure, Communications & Media Law, Electronic Discovery
A recent decision of the Delaware Court of Chancery reinforces the importance of deal certainty, particularly when it comes to efforts-based covenants in merger agreements. In Desktop Metal Inc. v. Nano Dimension Ltd., the Court…
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/ Business Organizations, Commercial Law & Contracts, Mergers & Acquisitions
Recognizing that “regulations that reduce competition, entrepreneurship, and innovation” are harmful to the U.S. economy, the Federal Trade Commission is seeking comment from the public on federal regulations that “exclude new…
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/ Administrative Law, Antitrust & Trade Regulation
On March 21, 2025, the U.S. District Court for the Northern District of California affirmed a bankruptcy court’s dismissal of the San Benito Healthcare District’s chapter 9 bankruptcy petition on the grounds that the district’s…
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/ Bankruptcy, Commercial Law & Contracts, Conflict of Laws
As Net Asset Value (“NAV”) credit facilities continue to grow in popularity, we have seen a steady increase in non-traditional borrowers utilizing NAV loans, including family office borrowers. The term “family office” is used to…
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/ Business Organizations, Commercial Law & Contracts, Finance & Banking
The Federal Reserve Board has requested comment on a proposal designed to reduce the volatility of the capital requirements stemming from its annual stress tests. The proposal would achieve this primarily by averaging the…
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/ Finance & Banking
Earlier this year, the IRS confirmed that over 400,000 taxpayers were victims of IRS contractor Charles Littlejohn’s 2019 leak of taxpayer data, which is discussed here. Littlejohn stole IRS data that included taxpayers’…
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/ Privacy, Taxation
On April 17, the Internal Revenue Service issued a notice announcing its plans to withdraw a set of controversial regulations, finalized in January of this year, aimed at transactions designed to shift tax basis in partnership…
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/ Business Organizations, Taxation
