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Regulation
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The Consumer Protection Review: Getting Ahead of the Curve
By Andrew Hawkins, Shieldpay | June 17, 2024
The SRA is considering several measures including tighter monitoring of how legal firms handle client funds.
5 minute read
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Investigation Into $2.5B Deal Shows EU Means Business With New Foreign Subsidies Rules
By Linda A. Thompson | June 16, 2024
Lawyers say companies needed to pay serious attention to the additional potential hurdle that the new rules pose to the closing of M&A deals.
4 minute read
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European Commission's Green Goals Hit Roadblock After Election Swing to the Right
By Linda A. Thompson | June 16, 2024
The EU Commission's green legislative agenda has stalled after right-wing parties made significant gains in the European Parliament elections.
5 minute read
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European Court of Justice Reaffirms Right to Interest in Deutsche Telekom Victory
By Alex D'Elia | June 13, 2024
The decision by the EU's top court may have implications for Intel Corp.'s quest for €593 million in interest from the European Commission.
3 minute read
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Saudi Arabia Considers Relaxing Regulations For Foreign Law Firms
By Dario Sabaghi | June 13, 2024
Saudi Arabia is consulting on plans to relax restrictions on foreign law firms in a significant change that would allow partners to establish fully non-Saudi-owned and operated offices in the Kingdom.
3 minute read
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Multinationals Face Huge Fines for Supply Chain Breaches Under New EU Directive
By Rick Mitchell | June 11, 2024
International companies that fail to comply with the EU Corporate Sustainability Due Diligence Directive by 2027 could face fines as high as 5% of their worldwide turnover as well as increased compliance costs and lawsuits.
5 minute read
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HSF Steps in to Defend Google in £13.6B Adtech Collective Action
By Jack Womack | June 6, 2024
According to the claim, Google is abusing its dominant position by favouring its own advertising technology.
2 minute read
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Osborne Clarke Partner Referred to Tribunal Over Zahawi Letters
By Jack Womack | May 13, 2024
The partner in question has not been identified, but Osborne Clarke said that it intends to 'fully support and stand behind' them.
3 minute read
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Lawyers See Positive Outlook for Mergers & Acquisitions in Australia
By Christopher Niesche | April 17, 2024
They will face more hurdles, however, as Australian regulators, like their counterparts in many other countries and regions around the world, increase their scrutiny of M&A deals.
6 minute read
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Head of Climate Change at Australia's Minter Ellison Departs for Consultancy
By Christopher Niesche | April 11, 2024
Executives are increasingly grappling with emerging risks and opportunities from climate change.
2 minute read
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Cadwalader, Recruiting from Mayer Brown, Adds Securitization and Financial Regulatory Partner
By Mimi Lamarre | June 17, 2024
Christopher Horn said that some clients will come with him to Cadwalader, while he also plans to advise his new firm's existing clients.
2 minute read
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DC Circuit Sides With Casino Magnate Stephen Wynn in Foreign Lobbying Case
By Sulaiman Abdur-Rahman | June 17, 2024
Citing the D.C. Circuit's 1987 precedent in United States v. McGoff, "Because Wynn's duty to register ended almost seven years ago, McGoff dictates that there is no legal basis for the government to compel him to register now, and the district court properly dismissed the case," Judge Patricia Millett wrote for the appeals court.
2 minute read
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Court Gives No Relief to Energy Companies Slammed by Winter Storm Price Hikes
By Adolfo Pesquera | June 17, 2024
The court of appeals strayed from its lane by inquiring whether the orders could have used competitive rather than regulatory methods to any greater extent than it did, Chief Justice Nathan Hecht said.
3 minute read
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Adobe Traps Customers Into Pricey Renewals, FTC Alleges in Latest Assault on 'Dark Patterns'
By Maria Dinzeo | June 17, 2024
"Americans are tired of companies hiding the ball during subscription signup and then putting up roadblocks when they try to cancel," said Sam Levine, director of the Federal Trade Commission's Bureau of Consumer Protection.
5 minute read
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'Unlawful Several Times Over': Groups Urge 8th Circuit to Scrap SEC Climate Disclosure Rule
By Avalon Zoppo | June 17, 2024
"The SEC cannot invoke abstract policy goals to aggrandize its authority beyond disclosure of 'financial" information material to investors." the rule's challengers stated in their appellate court brief.
3 minute read
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European Commission's Green Goals Hit Roadblock After Election Swing
By Linda A. Thompson | June 16, 2024
The EU Commission's green legislative agenda has stalled after right-wing parties made significant gains in the European Parliament elections.
5 minute read
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Oil Field Supplier Gets Stay on USDOT Ban on Transport of Explosive
By Adolfo Pesquera | June 14, 2024
Had the agency carefully reviewed the evidence, it would have realized its findings were overwhelmingly contradicted by that evidence, the U.S. Fifth Circuit noted.
3 minute read
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SEC Chair Gensler Defends Embattled Private Fund Adviser Rule After 5th Circuit Defeat
By Maydeen Merino | June 13, 2024
"What we did in [the private fund adviser] rule, I think, was to help investors in private funds get quarterly statements on their fees, performance and any side deals with other investors," Gary Gensler said. "We thought and believed that it was within the law."
3 minute read
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Courts Split Over Requirement for Chapter 15 Jurisdiction In the U.S.
By Daniel A. Lowenthal | June 13, 2024
If a foreign debtor doesn't reside in, have a domicile or place of business in, or have property in the U.S., can the foreign representative of the debtor utilize Chapter 15 to obtain discovery to use in the foreign proceeding?
7 minute read
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Industry Groups Sue EPA Over PFAS Drinking Water Regulation, Calling Rule 'Arbitrary, Capricious'
By Maydeen Merino | June 12, 2024
"I believe that we're going to see more of a proactive, as opposed to a reactive, approach from chemical manufacturers with products containing PFAS," said environmental lawyer Kayla Weiser-Burton.
4 minute read
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