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On October 21, 2010, the New York Court of Appeals issued an important ruling that significantly limits the ability of corporations and those who stand in their shoes (e.g., a bankruptcy trustee or a derivative plaintiff) to assert claims against third-party professionals for assisting or failing to detect wrongdoing by the corporation’s own management.

On the heels of launching the Human Foods Program, the U.S. Food and Drug Administration (FDA) has zeroed in on imports and exports, publishing updated guidance for certain importers and a notice of request for information (RFI) for exporters.

The Criminal Division of the U.S. Department of Justice (DOJ) announced a Pilot Program on Voluntary Self-Disclosures for Individuals (Pilot Program) on April 15, 2024.

The National Labor Relations Board (NLRB) continues to find garden-variety employer policies to be unlawful because they restrict or interfere with employee rights protected by the federal labor law, the National Labor Relations Act (the NLRA).

New legislation affecting the administration of trusts, the obligations of trustees, and the rights of trust beneficiaries was recently signed into law.

American Alliance for Equal Rights (AAER) is suing two law firms, Perkins Coie LLP (Perkins) and Morrison & Forester LLP (MoFo), for alleged violations of Section 1981 of the Civil Rights Act of 1866...

Over the last decade, carbon offsets have gained popularity within the retail and consumer products industry as a voluntary tool to mitigate their Scope 1, 2, and 3...

Our last series of posts on Rule 18f-4 have struggled to understand how its Limited Derivatives User requirements are supposed to work.

On April 4, 2012, President Obama signed into law the Stop Trading on Congressional Knowledge Act (the "STOCK Act" or "Act").

On June 10, 2025, Judges Loken, Erickson, and Kobes of the U.S. Court of Appeals for the...

In a major move signaling the growing power of multi-state cooperation on privacy enforcement, the California Privacy Protection Agency (CPPA), alongside the Attorneys General of California, Colorado, and Connecticut...

The Federal Trade Commission recently announced an enforcement order against edtech company Edmodo for allegedly violating the Children's Online Privacy Protection Act.

On November 26, 2024, the FTC released a staff paper regarding the disclosure of the duration of the support for the software of connected consumer devices.

The California Court of Appeal held that 2016 amendments to the San Diego City Charter did not require the City to obtain voter approval prior to entering into a lease revenue bond transaction with the Public Facilities Financing Authority ...

When applied, a tax credit reduces a company's tax liability dollar for dollar.

On August 27, 2021, the federal banking agencies (Federal Reserve, FDIC, and OCC) published "Conducting Due Diligence on Financial Technology Companies: A Guide for Community Banks" (the Guide).

On March 27, 2025, President Trump issued an Executive Order (Addressing Risks from WilmerHale) accusing the firm of "abandon[ing] the profession's highest...

In a move intended to ease the uncertainty surrounding the future role of LIBOR (the London Interbank Offered Rate), on September 28, 2012, Martin Wheatley of the United Kingdom’s Financial Services Authority (the FSA) offered a path to overhauling the benchmark interest rate.