The Delaware Court of Chancery invalidated a seller non-competition covenant that went beyond the buyer's "legitimate business interest" of protecting the goodwill of the acquired company.

On September 24, 2022, the Environmental Protection Agency ("EPA"), the U.S. federal agency tasked with environmental protection matters, announced the creation of a new Office...

In CMC Spreadbet PLC v Tchenguiz [2022] EWHC 1640 (Comm) the High Court considered the Braganza duty in deciding whether a spread betting firm had breached its duty to act rationally...

In response to the escalation of events in Ukraine, the United States, the United Kingdom ("UK") and the European Union ("EU") have continued to impose various sanctions and export controls.

On October 20, 2022, New York State's highest court unanimously held that the First Amendment to New York Department of Financial Services ("NYDFS") Insurance Regulation 187 (11 NYCRR pt. 224)...

On July 27, 2022, the Securities and Exchange Commission ("SEC") separately charged three financial institutions with violations of Rule 201 of Regulation S-ID ("Reg S-ID")...

Environmental, Social and Governance ("ESG") considerations are now essential elements in deal-making. Taken together, ESG covers an extraordinarily broad scope, including, but not limited to...

On December 6, 2022, Republican members of Congress sent a letter to executives of the Steering Committee for Climate Action 100+, noting the role the organization plays in efforts...

In Paul Richards and Keith Purves v Speechly Bircham and Charles Russell Speechlys LLP [2022] EWHC 1512 (Comm) the court considered the consequential matters arising from the trial of those proceedings in which the claimants were successful in their claim for negligence.

On July 25, 2022, the EU adopted the long awaited set of regulatory technical standards (RTS) in a Delegated Regulation supplementing the Sustainable Finance Disclosure Regulation (SFDR).

On 26 May 2022, the Financial Conduct Authority (the "FCA") published a discussion paper (DP 22/2) (the "Discussion Paper") setting out its proposed reforms of the UK listing regime and seeking views on its proposals.

Financial technology companies, particularly fledgling startups, are primarily concerned with ensuring they have a thriving business model that can attract sufficient funding,...

On October 19, 2022, attorneys-general from 19 U.S. states launched civil investigations into whether the ESG practices of some of the nation's largest banks are harmful to the energy industry.

The Japan Financial Services Agency ("JFSA") recently proposed an amendment to the Financial Instruments Exchange Act of Japan.

A number of the United States' largest financial institutions – including BlackRock, JP Morgan Chase, Morgan Stanley, and Wells Fargo – have been notified by West Virginia officials that they could be banned from doing business ...

On February 9, 2022, the SEC released proposed rules relating to cybersecurity risk management, incident reporting

The European Commission is expected to formally adopt the Corporate Sustainability Reporting Directive (the "CSRD") at its plenary session in November, after first proposing it as a new benchmark...

On November 9, 2022, the New York Department of Financial Services ("NYDFS") announced the publication of the official proposed amendments to its 2017 Cybersecurity Regulation 23 NYCRR 500...

The SPV structure is favored by preferred investors because the preferred equity is structurally senior to any debt at the existing fund level that is not secured by the fund's assets.

The European Union's highest court limits the GDPR right to be forgotten for internet search engines to the territory of the Union,...