Last month, an Arizona-based environmental group, German agricultural consultant, and North Carolina-based law firm sued the U.S. Food and Drug Administration ("FDA") for failing to act on the plaintiffs'...

Prior IRS guidance in Revenue Ruling 92-53 addressed the treatment of nonrecourse debt.

This monthly newsletter examines critical developments in product liability and mass torts, including New York's proposed legislation targeting AI chatbot operators for unauthorized practice of law, state efforts to curtail public nuisance claims, and the American Arbitration Association's expansion of AI arbitration tools. The analysis explores how these emerging legal trends and regulatory responses are reshaping the landscape for businesses facing complex litigation.

Among the requirements imposed by Title I of the Dodd-Frank Act on large bank holding companies and designated nonbank financial companies (together, systemically important financial companies or SIFIs) is the obligation to draft a plan for a company’s rapid and orderly resolution in the event of its material financial distress, often referred to as a "living will."

The CFTC has proposed sweeping amendments to Regulation 40.11 that would fundamentally reshape how event contracts are evaluated for listing on designated contract markets. The new framework introduces a three-step inquiry process to determine whether contracts involving activities like gaming, terrorism, or war should be prohibited, with particular focus on sports-related event contracts and their settlement mechanisms.

A recent federal court decision properly scrutinized, and then dismissed, a products liability claim against social media platforms, ruling that the plaintiffs did not clearly identify the product or design defect in question and that the defendants' content moderation processes are not subject to products liability laws.

The Fifth Circuit denied the FTC's request for a stay pending appeal, leaving in place the district court's decision finding the new HSR Rules unlawful...

Finance professionals gathered in Barcelona for Global ABS to discuss the rapid evolution of private credit CLOs and structured finance convergence. The conference highlighted how scale is forcing the boundary between fund finance and securitisation to dissolve, with insurers driving product innovation and regulatory reforms reshaping the European market landscape.

Over the past few years, collateralised fund obligations ("CFOs") have become increasingly popular for financing equity interests in private funds and other assets, offering an alternative liquidity solution...

In the less than two years since Sapin II came into force, France has demonstrated its clear intention to become a key enforcer alongside the U.S. Department of Justice and the UK Serious Fraud Office.

Dechert’s private credit and asset-backed finance (ABF) team returned to Las Vegas from February 23–26 for SFVegas 2026, the structured finance industry’s annual cannot-miss event.

On March 31, 2025, a Joint Committee (JC) comprised of the European Banking Authority, European Insurance and Occupational Pensions Authority and European Securities and Markets Authority published a report (JC Report) on the functioning of the EU Securitisation Regulation.

One of the most important skills for young lawyers to master is maximizing productivity.

The Central Bank of Ireland published Consultation Paper 162 (CP162) on September 9, 2025, proposing important amendments to its AIF Rulebook that the private asset industry has been eagerly awaiting.

The Dubai Financial Services Authority (DFSA) has formally enacted its updated regulatory framework for Crypto Tokens in the Dubai International Financial Centre (DIFC),1 as of January 12, 2026, following an October 2025...

A proposal to bring LLP members within the scope of Employer NICs could, if implemented, lead to significant additional taxation for members of LLPs operating in the asset management and other sectors.

On May 20, 2025, SEC Director of Investment Management Natasha Vij Greiner stated that the SEC staff will no longer provide comments during the registration statement review process...

While EPA has proposed modifications to certain PFAS drinking water regulations, the PFOA and PFOS limits remain firmly in place, and EPA has signaled that a restarted rulemaking process could yield additional requirements for the rescinded compounds in the future.

Parties seeking to compel arbitration should raise any applicable arbitration clause at the earliest practicable stage of litigation. Engaging in substantial litigation activity, such as discovery, motion practice, or substantive discovery negotiations...

Well, we've had the big reveal and the administration's new tax plan is out. This plan, announced with a great deal of fanfare, feels more like a campaign promise than an actual executable plan.