On April 2, 2025, President Trump promulgated Executive Order 14257, which implemented the “reciprocal tariff” program, designed to bolster domestic manufacturing and address trade imbalances with U.S. trading partners. These…
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/ Antitrust & Trade Regulation, International Law & Trade
With a name like the One Big Beautiful Bill Act (OBBBA), you know two things right away: (1) it’s a mouthful, and (2) you’re going to have to wade through a lot to find the useful parts. Fortunately, two tax lawyers already did…
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/ Business Organizations, Energy & Utilities, International Law & Trade, Taxation
On July 4, 2025, President Trump signed H.R. 1—referred to as the “One Big Beautiful Bill Act” (OBBBA)—which permanently renewed and modified the federal Opportunity Zone tax incentive program that was set to expire at the end…
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/ Real Estate - Commercial, Taxation
On July 4, 2025, President Trump signed H.R. 1—dubbed the One Big Beautiful Bill Act (OBBBA)—enacting significant modifications to clean‑energy credits previously enacted under the Inflation Reduction Act of 2022. OBBBA scales…
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/ Energy & Utilities, International Law & Trade, Taxation
On July 3, 2025, and by a vote of 218 to 214, the U.S. House of Representative passed the Senate’s amended version of H.R. 1 (also known as the “One Big Beautiful Bill Act” or OBBBA 2025), which is the tax-and-budget…
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/ Taxation, Wills, Trusts, & Estate Planning
On June 20, 2025, the U.S. Department of Homeland Security (DHS) announced a change in how E-Verify will manage the termination notification of employees with Employment Authorization Documents (EADs) that have been revoked…
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/ Administrative Law, Immigration Law, Labor & Employment Law
California’s requirements for climate-related corporate disclosures are evolving as the California Air Resources Board (CARB) continues to implement Senate Bill (SB) 253 and SB 261. Although these statutes were enacted in 2023…
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/ Business Organizations, Environmental Law, Finance & Banking
On June 11, 2025, Disney and several affiliated production companies filed a federal lawsuit against Midjourney, Inc., a leading artificial intelligence (AI) image-generation platform. The suit alleges “calculated and willful”…
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/ Art, Entertainment, & Sports Law, Intellectual Property, Science, Computers, & Technology
When business owners contemplate transitioning to their next venture or life phase, strategically combining a sale-leaseback transaction with a merger and acquisition (M&A) deal can unlock substantial value and optimize outcomes…
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/ Finance & Banking, Mergers & Acquisitions, Real Estate - Commercial, Taxation
Most multifamily owners and managers are aware that discrimination against disabled tenants can result in litigation and increase the project’s operating expenses. However, the Fair Housing Act (FHA) not only prohibits…
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/ Civil Rights, Real Estate - Residential
Section 1202 provides an exclusion from capital gains when a stockholder sells qualified small business stock (QSBS), assuming all eligibility requirements are satisfied. Section 1045 provides for the tax-free rollover of gain…
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/ Business Organizations, Securities Law, Taxation
The U. S. District Court for the North District of Illinois recently enjoined the Village of Glen Ellyn from enforcing its short-term rental ban. The court granted a request for a temporary restraining order, which demonstrates…
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/ Civil Procedure, Constitutional Law, Real Estate - Residential, Zoning, Planning & Land Use
A reverse build-to-suit is a specialized real estate mechanism where the tenant develops and builds out the leased property to support the tenant’s use. This is a “reverse” of the common build-to-suit model, where a landlord…
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/ Construction Law, Finance & Banking, Real Estate - Commercial, Zoning, Planning & Land Use
On June 5, 2025, a unanimous U.S. Supreme Court invalidated how some courts evaluated so-called “reverse discrimination” cases. In its decision, the Supreme Court held that a majority-group plaintiff need not show “background…
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/ Civil Rights, Constitutional Law, Labor & Employment Law
For high-stakes litigation, waiting until after an adverse verdict to engage appellate counsel can be a costly mistake. Traditionally, clients didn’t think about an investment in appellate counsel until after a final judgment…
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/ Civil Procedure, Law Practice Products & Services
