On May 15, 2025, the staff of the Division of Trading and Markets (the “Staff”) of the Securities and Exchange Commission (“Commission”) released responses to frequently asked questions (“FAQs”) relating to crypto assets and…
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/ Finance & Banking, Science, Computers, & Technology, Securities Law
Fifth Circuit holds six-month delay in ADA accommodation request was unreasonable -
The Fifth Circuit Court of Appeals in Strife v. Aldine Independent School District partially reversed the lower court’s dismissal of an…
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/ Business Torts, Civil Procedure, Commercial Law & Contracts, Labor & Employment Law
Interval funds and tender offer funds – closed-end funds registered under the Investment Company Act of 1940 (1940 Act) – are gaining appeal among alternative and private fund managers seeking to access the retail and retirement…
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/ Finance & Banking, Securities Law
In just under two weeks, the House of Representatives introduced, modified and passed the One Big, Beautiful Bill of 2025 (the “House Tax Bill”). This Memorandum addresses a new proposed tax on certain persons sending money…
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/ Finance & Banking, International Law & Trade, Taxation
Implant maker Exactech may conclude bankruptcy without TPG settlement | Reuters -
Medical implant maker Exactech adjourned its Chapter 11 plan confirmation hearing on Wednesday, delaying proceedings that would have protected…
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/ Bankruptcy, Business Organizations, Mergers & Acquisitions, Products Liability
Delaware has recently enacted two sets of amendments to the Delaware General Corporation Law (“DGCL”). One from 2024 is Senate Bill 313, which made explicit the right of a corporation to grant governance rights to a shareholder…
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/ Business Organizations, Commercial Law & Contracts
We have recently witnessed a noticeable lengthening of the time needed to close on an institutional investor’s fund allocation. Anecdotally, the typical time frame to close on an institutional investor allocation appears to have…
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/ Commercial Law & Contracts, Finance & Banking, Securities Law
On May 12, the Criminal Division of the U.S. Department of Justice (DOJ) issued a series of changes in its white collar enforcement priorities. These changes were announced in the Criminal Division Enforcement Plan, the Criminal…
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/ Criminal Law, International Law & Trade, Labor & Employment Law, Securities Law
Li-Cycle files for bankruptcy, seeks protection for facilities in Greece | WXXI News -
Li-Cycle filed a chapter 15 in the Southern District of New York on Wednesday to support its Canadian CCAA proceeding. The Toronto-based…
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/ Bankruptcy, Business Organizations
On May 12, 2025, Republicans in the House of Representatives introduced the One, Big, Beautiful Bill of 2025 (the “House Bill”). The House Bill comes out of the House Ways and Means Committee after weeks of internal drafting and…
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/ Business Organizations, Real Estate - Commercial, Taxation
Effective June 2, 2025, Delaware is changing its registration process for trade names (also known as “doing-business-as” or “DBA” registrations) pursuant to House Bill No. 401, which was signed on February 7, 2025. House Bill…
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/ Administrative Law, Business Organizations
Weight Watchers files bankruptcy after growth in GLP-1 drugs | Bloomberg
via Yahoo! Finance -
Having rebranded as WW International in 2018 and acquired Sequence, a telehealth company, in 2023, the 62-year-old health and…
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/ Bankruptcy, Health, Securities Law
Effective as of April 8, 2025, the National Security Division of the U.S. Department of Justice (DOJ) has implemented a Data Security Program (the DSP) to address national security risks associated with the transfer of certain…
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/ International Law & Trade, Privacy, Science, Computers, & Technology
Second Circuit holds employees get disability accommodations even if not necessary to perform their job -
In Tudor v. Whitehall Central School District, the Second Circuit Court of Appeals vacated a lower court’s grant of…
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/ Intellectual Property, Labor & Employment Law, Securities Law
Imerys Halts Ch. 11 Trial Over Foreign Claimant Issues | Law360 -
Imerys Talc America and Cyprus Mines announced unexpectedly Monday that they wanted to halt plan confirmation proceedings…
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/ Bankruptcy, Civil Procedure, International Law & Trade, Transportation