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The European Union reached, on Wednesday, April 21, 2021, a new milestone in the seemingly interminable discussions on a legal and ethical framework for artificial intelligence, ...

In a highly anticipated 5-4 decision, the Supreme Court resolved a split in the circuits and held that an investment adviser to a mutual fund could not be sued under Rule 10b-5 in a private action for incorrect or misleading statements in a mutual fund prospectus, even though the adviser may have prepared those statements.

Under the Securities Exchange Act of 1934, as amended, advisers and brokers who exercise investment discretion over accounts which hold exchange traded equity securities may be required to file acquisition and ownership reports.

For just the 21st time in the 20-year history of EU merger control and the first time in more than three years, the European Commission has prohibited a proposed merger outright.

New legislation modernises the framework for the establishment and operation of limited partnerships in Gibraltar, as demand continues to grow.

make promises you can’t keep…or that you will be unwilling to keep as evolving circumstances give rise to temptation to renege on a prior agreement.

On January 2, 2012, the Internal Revenue Service proposed regulations interpreting the employer "play or pay" requirements under the Patient Protection and Affordable Care Act (PPACA).

Today the U.S. Senate endorsed all provisions in H.R. 1249: Leahy-Smith America Invents Act, a comprehensive patent reform bill, the progress of which we have reported in earlier alerts.

On December 6, 2012, the Bureau of Consumer Financial Protection ("CFPB") and the Department of Justice ("DOJ") announced that the two agencies had signed a memorandum of understanding ("MOU") regarding coordination on the oversight and enforcement of federal fair lending laws, including the Equal Credit Opportunity Act ("ECOA"), Fair Housing Act ("FHA"), and the Home Mortgage Disclosure Act ("HMDA").

Since the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Dodd-Frank Act") was passed, the Securities and Exchange Commission (the "SEC") and various other regulatory agencies, including the Commodity Futures Trading Commission (the "CFTC"), the Federal Reserve Board (the "Federal Reserve"), and the Department of the Treasury (the "Treasury"), have been busy proposing and finalizing rules to implement provisions of the Dodd-Frank Act.

On August 3, 2012, the U.S. Court of Appeals for the Federal Circuit issued an opinion vacating a preliminary injunction that had been granted by the U.S. District Court for the District of Massachusetts to Momenta Pharmaceuticals, Inc. and Sandoz, Inc. (collectively, "Momenta").

Regulation of the cosmetics industry has garnered significant national attention in recent months.

On July 8, 2011 and July 11, 2011, the Courts of Appeals for the District of Columbia Circuit and the Seventh Circuit, respectively, handed down decisions concerning the scope of liability under the Alien Tort Statute ("ATS").

In two highly anticipated decisions, the U.S. Supreme Court both clarified and reshaped how the law of personal jurisdiction applies to foreign corporations selling their products to customers in the United States.

On July 25, 2011, the California Air Resources Board ("ARB") released its proposed final cap-and-trade regulations, initiating a 15-day public comment period on the specifics of a cap-and-trade program slated to start in 2012, with compliance obligations beginning in 2013.

Shortly before the end of the year, the Federal Trade Commission published revisions to the COPPA Rule, issued pursuant to the Children’s Online Privacy Protection Act of 1998.