Regulation

International Edition

Reed Smith Faces £20 Million Claim From Sanctioned Shipping 'Client'

By Jack Womack | October 13, 2023

Virgo Marine was sanctioned by the US Office of Foreign Assets Control in 2022 for arranging 'vessels for the storage and transportation of Iranian petrochemicals'.

3 minute read

International Edition

Q&A: The State of AI Regulation

By Becky Pritchard | October 12, 2023

How regulators across the US, EU and UK are addressing the rapid rise of AI.

4 minute read
International Edition

'On The Fly': How In-House Lawyers are Managing AI Risk for Their Companies

By Becky Pritchard | October 12, 2023

The past six months has seen an explosion in interest in AI that has left the in-house legal community rushing to develop guard rails for its ethical and compliant use at their organisations.

7 minute read

International Edition

Legal Regulator Criticises Lawyers for Seeking Eased Rules on Russia Work

By Jack Womack | October 3, 2023

General licences granted by the government, which enable firms to take on otherwise sanctioned work, have 'blinded the system', the Legal Services Board's chief executive has said.

3 minute read
International Edition

Google Lawyer: 'Report Any Deal or Face Catastrophic Fines'

By Linda A. Thompson | October 3, 2023

A senior Google in-house counsel has warned that new EU rules and more aggressive scrutiny of small mergers mean that the tech giant will need to report any deal it concludes anywhere in the world from now on.

5 minute read
International Edition

The Lawyer Defending Shakira in Her Upcoming Tax Fraud Trial

By Alex D'Elia | October 2, 2023

The Colombian pop star has appointed a criminal defense lawyer with a CV of high-profile acquittals in her dispute with Barcelona prosecutors over alleged tax fraud.

3 minute read
International Edition

Latham Partner Exits for Covington in London

By Jack Womack | October 2, 2023

Earlier this year, Latham experienced two partner departures in the space of a week.

2 minute read
International Edition

Once a Lawyer for Lawyers, This In-House Counsel Now Spends A Lot of Time Talking to Auto Mechanics

By Christopher Niesche | September 26, 2023

"My voice gets heard," says Merinda Timpany, whose job requires her to establish rapport with corporate management, regulators, and mechanics.

4 minute read
International Edition

Are Law Firms Heading Into a GenAI Copyright Storm?

By Jack Womack | September 22, 2023

With UK regulation around GenAI still very much in flux, questions abound over the materials law firms are using to train large language models.

5 minute read
International Edition

The Awakening Beast: How Lawyers are Confronting the Changing Regulatory World

By Patrick Smith | September 19, 2023

A major shift away from the global free-trade methodology of the past 30 years has facilitated changes in who does business where and with whom.

12 minute read
New Jersey Law Journal

NJ 'Uncorks' New Legislation, Shakes Up Alcoholic Beverage Industry

By Andrew Heck | January 31, 2024

In short, this legislation expands the scope of permissible business activities by certain manufacturers, creates new license categories, ratchets up the pressure on inactive retail licenses to be put to productive use, and creates a new mechanism for bringing otherwise inactive retail licenses back into active use.

8 minute read
National Law Journal

EEOC Launches Outreach Initiative for Vulnerable Workers and Communities

By Maydeen Merino | January 30, 2024

The agency says it will hold in-person and virtual sessions with affected workers and communities nationwide to identify existing barriers to reporting job discrimination.

3 minute read
Corporate Counsel

Quinn Emanuel Probe of Cruise Crash Finds Executives 'Not Actively Engaged' as Crisis Unfolded

By Chris O'Malley | January 30, 2024

The law firm's 195-page internal report blasts Cruise for "poor leadership, mistakes in judgment, lack of coordination" and a failure to grasp its obligation to be transparent and accountable to the public and regulators.

8 minute read
New York Law Journal

New DOL Regulation on Employees Versus Independent Contractors Restores Multifactor Test While Leaving Some Important Questions Unanswered

By Samuel Estreicher | January 30, 2024

On Jan. 1, 2024, the Biden administration's DOL issued its final regulation on who is an employee versus who is an independent contractor. The regulation rescinds the Trump administration rule because, according to the administration, it emphasized two factors in a manner unsupported by the agency's traditional multifactor view and case law, and was inconsistent with the DOL's emphasis on "economic dependence" as a principal guidepost.

6 minute read
Corporate Counsel

IRobot's Top Lawyer Takes CEO Reins After Failed Amazon Merger

By Maria Dinzeo | January 29, 2024

Glen Weinstein will help stabilize iRobot now that it is retaining its independence. Resistance from European antitrust regulators scuttled Amazon's plan to buy it for $1.7 billion.

4 minute read
Corporate Counsel

'We're Seeing the Floodgates Open': EEOC's Flip to Democratic Control Already Turbocharging Agency

By Hugo Guzman | January 26, 2024

"We sometimes hear employers sort of downplay the concern with the EEOC, believing they're going to slip under the agency's radar. But it's important to remember that where the EEOC leads, the private plaintiffs bar follows," Seyfarth Shaw partner Christopher DeGroff said.

4 minute read
New Jersey Law Journal

Cannabis and the Ethical Gray Area Between Federal and State Law

By Michael F. Schaff and Seth Tipton | January 26, 2024

The primary reason that ethical issues arise when an attorney is representing a client in the cannabis industry stems from the fact that cannabis remains federally illegal.

7 minute read
Law.com

DOJ's Response to Boies' Suit / California Psilocybin Initiative Dies / Cookies v. Cookies / Glaser Weil Sues

By Cheryl Miller | January 25, 2024

The Department of Justice asked a federal judge this week to dismiss a suit challenging the federal prohibition on state-licensed cannabis, saying the plaintiff companies lack standing.

9 minute read
National Law Journal

SEC's Proposed Climate Disclosure Rule Draws Concern From Left-Leaning Senators

By Maydeen Merino | January 25, 2024

The SEC's regulation should "not burden small businesses in a public company's supply chain," Sens. Jon Tester and Krysten Sinema told the agency.

4 minute read
National Law Journal

SEC Adopts Stringent Disclosure Rules on Special Purpose Acquisition Companies

By Maydeen Merino | January 24, 2024

"Just because a company uses an alternative method to go public does not mean that its investors are any less deserving of time-tested investor protections," SEC Chair Gary Gensler said.

3 minute read

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