Inflation Reduction Act
100 Days in 60 Minutes
The conversation will cover the Biden administration’s first 100 days and the challenges and opportunities that lie ahead. Tune in for topics including finance and tax, trade, technology and environmental justice. The event will begin with opening remarks from PRG...
Artists Beware—Second Circuit Holds That Andy Warhol’s “Prince Series” Is Not a “Fair Use” of Copyrighted Photograph
In a recent decision, Andy Warhol Found. for the Visual Arts, Inc. v. Goldsmith , 1 the Second Circuit upset conventional thinking regarding the concept of “fair use” with wide ranging implications for artists and copyright owners. The Court held...
What In-House Counsel Need to Know About Insurance
This presentation covers key aspects of insurance issues from a legal standpoint. It begins by addressing how policies are structured and interpreted and then turns to how that plays out in practice through the claims process. Insurance is designed to...
Employment Background Check Class-Action Litigation: Avoiding the Seemingly Minor Mistakes Fueling a Costly Wave of New Lawsuits
Federal courts, most notably the Ninth Circuit Court of Appeals, have recently taken an increasingly hyper-technical view of employer obligations under the Fair Credit Reporting Act (FCRA) in conducting applicant background checks, including criminal background checks. The result has been...
The Battle of the Bills Begins: Proposed Federal Data Privacy Legislation Aims to End Patchwork Problem But Increases Enforcement
After years of advocacy from both sides of the aisle and growing concerns about challenges created by state-based solutions, 2021 is poised to be a bellwether year for Congressional debate over federal data privacy regulation. On March 10th, Representative Suzan...
Power Struggles: Maximizing Insurance Recoveries from Winter Storms
Record-breaking winter weather in Texas has had devastating impacts across the state, and challenges still remain. Millions of homes and businesses were without power, water, internet and other services, leaving employees unable to work and businesses unable to operate. Access...
HSR Notification Thresholds Decrease Slightly for 2021
The Federal Trade Commission (“FTC”) has announced the annual revisions to the Hart-Scott-Rodino Antitrust Improvements Act (“HSR Act”) thresholds, which will become effective on March 4, 2021. Pursuant to Section 7A(a)(2) of the Clayton Act, the FTC is required to...
Changes to Renewable and Carbon Capture Tax Credits under the Consolidated Appropriations Act, 2021
On December 22, 2020, the U.S. House and Senate approved the Consolidated Appropriations Act, 2021 (the 2021 Act) and, on December 27, 2020, President Trump signed the 2021 Act into law. The 2021 Act extends tax credits currently available for...
ESG Investing and Retirement Plans
Background As ESG (environmental, social and governance) investing recently has drawn the attention of governmental agencies that oversee the administration of qualified retirement plans and their trillions of dollars in assets. This is unsurprising given that focus and interest in...
The COVID-19 Vaccine: An In-Depth Discussion Exploring Emerging Legal Issues for Consideration by Employers
In a time where employers face scrutiny with respect to the obligation to provide a safe working environment, the approval of a COVID-19 vaccine is certain to present employers with difficult decisions regarding workplace policies. Please join partners Becky Baker...
New PPP Rules Governing M&A Transactions
The Small Business Administration issued long-awaited rules governing lender and borrower obligations when there is a change in ownership of an entity that has received a Paycheck Protection Program (“PPP”) loan. The new guidance, issued on October 2, 2020, eliminates...
DOJ Issues New Merger Remedies Manual, Emphasizes Structural Remedy Preference
On September 3, 2020, the U.S. Department of Justice Antitrust Division released a revised Merger Remedies Manual (“Manual”), providing a modernized framework to structure and implement remedies in merger cases where DOJ determines that the transaction would harm competition. DOJ...
IRS Provides Guidance on Presidential Payroll Tax Deferral
On August 28, 2020, the IRS issued Notice 2020-65 (the “Notice”) to provide guidance with respect to the Memorandum on Deferring Payroll Tax Obligations in Light of the Ongoing COVID-19 Disaster , issued by President Trump to the Secretary of...
Privacy Shield Invalidated by ECJ
On Thursday , July 16, the European Court of Justice (ECJ) ruled that the EU-US Privacy Shield is invalid. The ruling stems from the complaints filed with the Irish supervisory authority by Max Schrems regarding the transfer of his data...
UAE Economic Substance Regulations – Self Assessment Notifications
Co-authored by Brian Conn (Partner, BDO) and Verona Hoh (Associate Director, BDO) On 30 April 2019, the UAE Cabinet, in response to the European Union’s review of the UAE’s tax framework and the UAE’s commitment to the Organisation for Economic...