Saudi Arabia's bankruptcy framework has undergone significant modernization in recent years, drawing heavily from the US Bankruptcy Code while incorporating unique features tailored to the Kingdom's regulatory and business…
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/ Bankruptcy, Commercial Law & Contracts, Finance & Banking, International Law & Trade
On May 21, 2025, the Sixth Circuit revived a company’s lawsuit against Blue Cross Blue Shield of Michigan (BCBSM) for breaching its fiduciary duties under ERISA as a third-party administrator (TPA). The plaintiff company, Tiara…
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/ Business Torts, Health, Insurance
The application of the “without prejudice” (“WP”) principle varies in jurisdictions across the Middle East, with civil law jurisdictions such as the Kingdom of Saudi Arabia (“KSA”) and onshore United Arab Emirates (“UAE”)…
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/ Alternative Dispute Resolution (ADR), Civil Procedure, Commercial Law & Contracts, International Law & Trade
A case pending before the Supreme Court could jeopardize the Affordable Care Act’s (ACA) mandate that certain preventive services be provided on a first dollar coverage basis to plan members. Kennedy v. Braidwood Management was…
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/ Administrative Law, Constitutional Law, Health
On June 9, 2025, Deputy Attorney General Todd Blanche issued a memorandum (the “Blanche Memorandum”) detailing new guidelines for the Department of Justice’s approach to investigating and enforcing the Foreign Corrupt Practices…
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/ Administrative Law, Criminal Law, International Law & Trade
With the recent and continually evolving tariffs announced by the current U.S. executive administration, a number of issuers, borrowers and financing parties have been asking “can those new tariffs be added back in calculating…
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/ Commercial Law & Contracts, Finance & Banking, International Law & Trade, Taxation
Withholding Tax Rules Under Current Law -
Current US tax law provides for a 30% withholding tax on interest paid by a US borrower to foreign lenders. However, many foreign lenders are exempt from this tax, either under the…
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/ Finance & Banking, International Law & Trade, Taxation
CMS announced in a letter released on Tuesday, May 27, 2025 (CMS Letter) that it will ramp up financial oversight of states to detect misuse of federal Medicaid funds “[t]o ensure that federal money is not used to pay for or…
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/ Administrative Law, Health
CMS announced in a letter released on Tuesday, May 27, 2025 (CMS Letter) that it will ramp up financial oversight of states to detect misuse of federal Medicaid funds “[t]o ensure that federal money is not used to pay for or…
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/ Administrative Law, Health, Immigration Law
On May 1, 2025, the California Privacy Protection Agency (CPPA) released a revised draft of its regulations. These modifications, issued in response to public comments on earlier drafts, aim to clarify and simplify key…
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/ Administrative Law, Consumer Protection, Privacy, Science, Computers, & Technology
On May 27, 2025, HHS Office of Inspector General (OIG) issued a report outlining its finding that Medicare payments for evaluation management (E&M) services provided on the same day as eye injections were at risk for…
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/ Administrative Law, Health, Insurance
On June 3, 2025, Judge Matthew F. Kennelly of the United States District Court for the Northern District of Illinois denied motions to dismiss antitrust claims in a multidistrict litigation (MDL) against MultiPlan, Inc. and…
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/ Antitrust & Trade Regulation, Health, Insurance
On May 14, 2025, the European Data Protection Board ("EDPB") issued a favorable opinion on granting a six-month extension to the existing adequacy decisions for the UK, following a formal proposal from the European Commission…
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/ Administrative Law, Privacy, International Law & Trade
Last week, the Government Accountability Office (GAO) published a report determining that there is a nontrivial risk that prior authorization requirements, together with internal coverage criteria, may undermine the Medicare…
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/ Administrative Law, Health, Insurance
On June 5, 2025, the Supreme Court issued its unanimous opinion in CC/Devas (Mauritius) Ltd. et al. v. Antrix Corp. Ltd. et al. (605 U.S. ___ (2025)), holding that personal jurisdiction exists over an enforcement action against…
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/ Alternative Dispute Resolution (ADR), Civil Procedure, Communications & Media Law, International Law & Trade