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Proposed Legislation › Business Ownership

White & Case LLP

Proposed overhaul of South African mining law regime

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On 20 May 2025, the Minister of Mineral and Petroleum Resources published the “Draft Mineral Resources Development Amendment Bill” (the “Bill”). The Minister has invited interested parties to make written submissions on the...more

Seyfarth Shaw LLP

States Seeking Remedies for the Rising Costs of Prescription Drugs

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As expected, the lawsuits have commenced following the enactment of the Arkansas legislation prohibiting pharmacy benefit managers (PBM’s) from owning or operating actual pharmacies within the state. Michigan has filed its...more

Blank Rome LLP

Oregon Opens New Front in Battle Over Corporate Practice of Medicine

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The Oregon Senate opened a new front in the battle over corporate control of medical decisions with the passage of Senate Bill 951, representing yet another jurisdiction to restrict corporate control of medical...more

Foley Hoag LLP - Cannabis and the Law

Proposed Bill from Joint Cannabis Committee Would Adopt Meaningful Reforms to Struggling Mass. Cannabis Industry

Foley Hoag LLP - Cannabis and the Law on

Nearly nine years after voters authorized the regulated sale of adult use cannabis in Massachusetts, the Joint Cannabis Committee is addressing the challenges (and that’s an understatement) the industry is facing with a very...more

Frost Brown Todd

Legislature Takes Steps to Ensure Texas Remains the Most Business-Friendly State in the Union

Frost Brown Todd on

On February 27, 2025, Senator Bryan Hughes (R-Tyler) filed Senate Bill 29 (S.B. 29), proposing several corporate reforms designed to ensure that Texas remains the premier business-friendly jurisdiction in the nation. If...more

Allen Matkins

Is This Statute The Most Anodyne And Meaningless Provision Of The California Corporations Code?

Allen Matkins on

In 1989, the California legislature added Section 14200 to the California Corporations Code...more

DarrowEverett LLP

After Corporate Transparency Act Takes Hit in Ruling, What's Next?

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The Corporate Transparency Act (“CTA”), a significant legislative effort aimed at curbing financial crimes by increasing corporate accountability, has been declared unconstitutional by the U.S. District Court for the Northern...more

Bennett Jones LLP

Employee Ownership Trusts—Improved Tax Incentives Announced

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The Canadian Department of Finance introduced draft legislation in the 2023 Canadian Federal Budget (Budget 2023) to create employee ownership trusts (EOTs) to facilitate the transfer of a business to the employees of the...more

Davis Wright Tremaine LLP

California Proposes Website Accessibility Law with Significant Compliance Obligations and Liability Risks Nationwide

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On June 12, 2023, the California Assembly's Judiciary Committee replaced the full contents of AB 1757 (a bill originally addressing court consolidation) with new legislative language featuring heightened standards for...more

Bennett Jones LLP

Employee Ownership Trusts—A Useful Tool for Employee Business Ownership?

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There is a growing international movement to increase employee ownership of businesses. Some jurisdictions such as the United Kingdom and the United States have developed tax rules and incentives to facilitate business...more

Ward and Smith, P.A.

How Did We Get Here? A Quick Look at North Carolina Occupational Licensing Legislation

Ward and Smith, P.A. on

During the past four years, numerous bills concerning North Carolina's occupational licensing boards have been proposed, but few have passed in the legislature and become law. The initial push to amend the laws governing...more

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