Starting November 5, operators of AI companions available in New York must implement a reasonable protocol to detect potential self-harm and disclose that interactions do not involve a human.

On August 20, 2025, a Ninth Circuit panel affirmed the dismissal of a putative securities class action against a pharmaceutical company.

In response to pressure from the UK government, the CMA continues to implement changes to UK merger control to showcase its commitment...

The nationwide preliminary injunction pauses reporting under the Beneficial Ownership Information Reporting Rule for all reporting companies.

Chancellor Leo E. Strine, Jr. of the Delaware Court of Chancery recently upheld the statutory and contractual validity of bylaws separately adopted by the boards of directors of Chevron and FedEx that designated the Delaware courts as the exclusive forum for disputes regarding the internal affairs of the respective companies.

In this issue, we discuss the further extension of the compliance date for Form PF amendments and the SEC's withdrawal of certain rule proposals

The Antitrust Division of the Department of Justice has updated its 2019 Evaluation of Corporate Compliance Programs in Criminal Antitrust Investigations. The changes bring the guidance in line with recent changes.

On July 4, 2025, President Trump signed into law the One Big Beautiful Bill Act (the "Act"). Below, we discuss key changes related to gift, estate and generation skipping transfer tax exemptions...

Late last week, the Department of Justice (DOJ) announced a settlement in UnitedHealth's proposed acquisition of Amedisys that imposed broad divestitures...

The new EU Listing Act designed to modernize and streamline access to public capital markets in the European Union through several amendments...

In this issue, we discuss an ADI issued by the SEC's Division of Investment Management regarding registered closed-end funds of private funds, as well as a recent enforcement action involving...

The Texas Responsible AI Governance Act that will go into effect in 2026 is a significant departure from the comprehensive legislation first introduced in 2024, highlighting continued challenges of state-level AI regulation.

In a significant step towards modernizing Bank Secrecy Act compliance, FinCEN and certain banking agencies are providing flexibility in "know your customer" requirements for banks.

OFAC and the U.S. State Department significantly broadened sanctions targeting Russia's energy sector by imposing blocking sanctions on two major oil producers and hundreds of other individuals...

President Trump's August 7, 2025 retirement plan Executive Order underscores the administration's objective to make alternative assets available to defined...

As previewed at its August workshop, on September 24, CARB issued a "preliminary list of reporting/covered entities" under SB 253 and SB 261.

With attempts to secure a negotiated settlement to the Ukraine war at an apparent impasse, the U.S. government imposed blocking sanctions on the two largest Russian oil producers – Rosneft and Lukoil.

On July 22, the Tax Court published its decision in the case of Anschutz Company v. Commissioner, involving a taxpayer that (indirectly) engaged in various prepaid variable forward contracts (which the court calls "PVFCs") and associated stock lending agreements ("SLAs") with respect to portfolio stock (indirectly) owned by him.

On July 23, the Trump administration released the AI Action Plan developed in accordance with Executive Order 14179. In this second update, we discuss Pillar II of the Plan.

The UK Financial Conduct Authority recently published its final rules for the Private Intermittent Securities and Capital Exchange System...