On 3 June 2025, the Financial Reporting Council (“FRC”) published its new UK Stewardship Code 2026 (the “Code”). The voluntary Code applies to asset managers, asset owners and services providers with the aim of providing greater…
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/ Administrative Law, Finance & Banking, Securities Law
Rough Terrain Ahead: New York Ski Resort Operator Appeals Ruling That It Violated Antitrust Law by Buying Out Direct Competitor -
Intermountain Management Inc. (“Intermountain”), a company operating popular ski areas around…
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/ Antitrust & Trade Regulation, Intellectual Property, Mergers & Acquisitions
On May 19, 2025, Proskauer attorneys successfully compelled to arbitration an employment discrimination lawsuit that had been filed in the Los Angeles Superior Court. While the former employee claimed that she never signed the…
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/ Alternative Dispute Resolution (ADR), Civil Procedure, Labor & Employment Law
The June 2025 Section 7520 rate for use with estate planning techniques such as CRTs, CLTs, QPRTs and GRATs is 5.00%, which is the same as the April 2025 Section 7520 rate..…
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/ Securities Law, Taxation
Senator Thom Tillis introduced a bill (called the “Tackling Predatory Litigation Funding Act”) that would impose additional significant taxes on litigation funding investments. Rep. Kevin Hern (R-OH) introduced a similar bill in…
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/ Commercial Law & Contracts, Finance & Banking, Taxation
A multiemployer plan that prevails in an action to collect delinquent contributions or withdrawal liability is statutorily entitled to recover reasonable attorneys’ fees and costs “of the action.” In International Painters &…
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/ Civil Procedure, Civil Remedies, Labor & Employment Law
Wire transfer fraud has long been a popular target for cyber criminals.
A case of first impression decided by the California Court of Appeal, Fourth Appellate District demonstrates the high stakes for victims of this crime…
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/ Commercial Law & Contracts, Finance & Banking, Science, Computers, & Technology
On the heels of the recent reintroduction of the PERA and PREVAIL Acts of 2025, a bipartisan group of lawmakers in Congress has introduced the Leadership in Critical and Emerging Technologies (“CET”) Act. The goal of the…
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/ Administrative Law, Intellectual Property, Science, Computers, & Technology
On May 22, 2025, the House of Representatives passed legislation titled “The One Big Beautiful Bill Act” (the “House Bill”) (available here), which includes several tax reform provisions. The House Bill is now being considered…
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/ Labor & Employment Law, Nonprofit Law, Taxation
On May 20, 2025, California’s Franchise Tax Board (“FTB”) released changes to the proposed regulations (“Draft Regulations”) that would amend the rules regarding market-based sourcing for sales other than sales of tangible…
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/ Administrative Law, Franchise Law, Taxation
Law establishes national prohibition against nonconsensual online publication of intimate images of individuals, both authentic and computer-generated.
First federal law regulating AI-generated content…
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/ Communications & Media Law, Criminal Law, Science, Computers, & Technology
On May 28, 2025, the Department of Labor (“DOL”) issued Compliance Assistance Release No. 2025-01 which rescinds the DOL’s prior Compliance Assistance Release No. 2022-1 which had warned 401(k) plan fiduciaries against adding…
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/ Administrative Law, Labor & Employment Law, Finance & Banking
The Department of Justice’s (“DOJ”) May 19, 2025 “Civil Rights Fraud Initiative” memorandum, issued by Deputy Attorney General Todd Blanche (the “Initiative”), marks a consequential policy shift for False Claims Act (“FCA”)…
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/ Civil Rights, Government Contracting, Health
Your Package Could Not Be Delivered – District of Delaware Strikes Electronic Storage Room Claims as Patent Ineligible -
Judge Choe-Groves of the United States Court of International Trade granted Defendant’s Motion to…
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/ Intellectual Property, Science, Computers, & Technology
Companies are increasingly allowing their chief executive officers and, in certain circumstances, other executives to use corporate jets (which may be chartered flights or fractionally or fully owned aircraft) for personal use…
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/ Business Organizations, Securities Law, Taxation
