This monthly newsletter examines significant legal trends and landmark cases in tort law, including the Sixth Circuit's reversal of class certification, FDA's dual approach to AI regulation in pharmaceuticals, Minnesota's upcoming PFAS ban, and the Supreme Court's expansive interpretation of federal officer removal jurisdiction. These developments carry strategic implications for businesses navigating complex litigation and regulatory compliance across multiple industries.

Luxembourg has introduced a new law allowing private limited liability companies (SARLs) to defer payment of their minimum share capital for up to 12 months after incorporation, fundamentally changing the previous requirement...

Draft Bill No. 8669¹ (the Draft Bill), introduced to the Luxembourg Parliament at the end of 2025, proposes amendments to the Luxembourg law of 10 August 1915 on commercial companies by...

Dechert has submitted detailed public comments to the FTC and DOJ Antitrust Division regarding the effectiveness of Hart-Scott-Rodino premerger notification requirements, identifying specific provisions that impose disproportionate burdens on filers while recommending certain valuable requirements worth preserving.

The Third Circuit held that, without more, a statutorily required surcharge disclosure was not an affirmative misrepresentation under the NJCFA even where the surcharge included undisclosed profit.

The Ninth Circuit granted an injunction request to block enforcement of a California climate disclosure law that requires companies "doing business in California" and with $500 million of annual revenues to make public climate risk and mitigation disclosures starting January 1, 2026.

In April 2024, EPA finalized a rule to designate perfluorooctanoic acid ("PFOA") and perfluorooctanesulfonic acid ("PFOS") as hazardous substances under the Comprehensive Environmental Response...

The FDA is taking a dual approach to artificial intelligence in the pharmaceutical sector, issuing compliance warnings for manufacturing while simultaneously encouraging AI innovation in clinical trials.

U.S. financial services providers who transacted in financial services with non-U.S. persons in the 2024 fiscal year may be required to file the Benchmark Survey of Financial Services Transactions Between U.S. Financial...

On February 26, 2025, the European Commission published its Omnibus Simplification Package (the Omnibus Package) with proposed amendments...

New York's UCC Revision Act, effective June 3, 2026, introduces a modernized legal framework for digital assets including cryptocurrency, blockchain assets, and NFTs. The legislation establishes "controllable electronic records" as a technology-neutral mechanism for perfecting security interests in digital collateral, while creating new asset categories that reduce legal ambiguity for lenders.

The SEC's Division of Investment Management will host the roundtable from 1 p.m. to 3 p.m. ET on Wednesday, March 4. Brian Daly, the Division's Director, stated that, "[w]ith retail exposure to alternative investments becoming more common, we want to help everyday investors understand the different valuation approaches used in these products."

On September 26, 2025, the Securities and Exchange Commission (the "Commission") issued a concept release to gather public comments on potential changes to its rules for asset-backed securities ("ABS").

Despite recent changes at HHS and FDA, innovative pathways and strategies exist for life sciences companies to advance their development and commercialization goals.

LCJ presents empirical evidence reinforcing efforts to promulgate a civil rule requiring disclosure of third-party litigation funding.

The U.S. Supreme Court recently granted certiorari to resolve a circuit split over whether a damages class may be certified if it includes uninjured plaintiffs.

The California Franchise Tax Board has recently finalized new regulations regarding asset management services provided to persons domiciled in California by an asset manager, even if the asset manager has no presence in California.

The court vacated the last of the three conditions that were applied to proxy advisory firms as a result of the SEC's 2020 regulation of Proxy Advisory Firms.

CFIUS is an interagency committee, chaired by the U.S. Department of the Treasury, which has broad powers to review non-U.S. investments...

CME has filed a federal lawsuit challenging the CFTC's approval of Kalshi's bitcoin perpetual contract, raising fundamental questions about whether perpetual contracts should be regulated as futures or swaps. The case centers on allegations that the CFTC violated the Administrative Procedure Act by reversing established policy without adequate explanation, potentially reshaping the regulatory landscape for digital asset derivatives. The outcome will have significant implications for market participants, as