After several quiet months for federal regulatory activity involving per- and polyfluoroalkyl substances (PFAS), on April 28, 2025, the United States Environmental Protection Agency (U.S. EPA) issued a press release that…
more
/ Administrative Law, Environmental Law, Toxic Torts
Starting this June, the first tier of small business lenders will begin collecting certain data to report to the Consumer Financial Protection Bureau under Rule 1071, issued pursuant to Section 1071 of the Dodd-Frank Act. While…
more
/ Administrative Law, Consumer Protection, Finance & Banking
For many reasons, companies in the U.S. have recently invested significantly in “nearshoring,” relocating supply chains to Mexico and Canada. In April, as part of the FBT Connect™ Manufacturing program hosted by Frost Brown…
more
/ Commercial Law & Contracts, International Law & Trade, Transportation
Since the finalization of the IRS’s “check-the-box” entity-classification regulations nearly 30 years ago, a state law LLC can elect to be taxed an association taxable as a corporation. During the past month, we have heard that…
more
/ Business Organizations, Mergers & Acquisitions, Taxation
Perhaps the most impactful public finance bill making its way through the Texas Legislature currently is House Bill 19 (HB 19). The bill is largely an amalgamation of other bills filed this session (notably, House Bill 1453 and…
more
/ Elections & Politics, Finance & Banking, Taxation
In uncertain times, it is best to focus on what is known. We are going to see significant changes in the way in which the Trump administration and U.S. Transportation Secretary Sean P. Duffy want to define, build and maintain…
more
/ Environmental Law, Finance & Banking, Transportation
Kentucky local governments now have an additional tool to help address their housing shortages thanks to legislation enacted during the 2025 Kentucky General Assembly. A provision of Senate Bill (SB) 25 authorizes local…
more
/ Finance & Banking, Real Estate - Residential, Taxation
Two bills of note pertaining specifically to certificates of obligation are being considered by the Texas Legislature. House Bill (HB) 1453 and Senate Bill (SB) 470 are substantially similar, with some key distinctions, in…
more
/ Construction Law, Elections & Politics, Finance & Banking
Recently, Carlton Fields issued its 2025 Class Action Survey based on interviews of general counsel or senior counsel at more than 300 Fortune 1000 and other large companies across a variety of industries. The results from this…
more
/ Consumer Protection, Labor & Employment Law, Securities Law
The 2017 Tax Cuts and Jobs Act (the “TCJA”) brought significant changes to the federal estate and gift tax laws, marking a pivotal shift in the landscape of estate planning and wealth transfer. Enacted on December 22, 2017,…
more
/ Taxation
Congress narrowly avoided a partial government shutdown by passing a last-minute funding bill, securing temporary funding for federal agencies. The agreement extends funding through the summer but does not resolve broader…
more
/ Administrative Law, Elections & Politics, International Law & Trade
On March 21, 2025, the Financial Crimes Enforcement Network (FinCEN) issued its promised interim final rule to eliminate the obligation of United States residents and entities organized under domestic law to file beneficial…
more
/ Administrative Law, Business Organizations, Finance & Banking
The Federal Trade Commission (FTC) adjusts the minimum dollar jurisdictional thresholds that determine reportability under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act) based on changes to gross national…
more
/ Administrative Law, Antitrust & Trade Regulation, Mergers & Acquisitions
On March 19, 2025, the Equal Employment Opportunity Commission (EEOC) issued two technical assistance documents (“Guidance”) regarding employer diversity, equity, and inclusion (DEI) policies, programs, and practices, and how…
more
/ Administrative Law, Civil Rights, Labor & Employment Law
For multi-state employers, pay transparency requirements often get lost in the shuffle in the ever-changing landscape of federal, state, and local employment laws. A number of states, including California, Colorado, and New…
more
/ Business Organizations, Commercial Law & Contracts, Labor & Employment Law