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International Edition

French Elections Yield Hung Parliament and Possible Tax Hikes

France's left Nouveau Front Populaire coalition has come out on top in snap elections that President Macron called in June to the dismay of his own party.
5 minute read

New York Law Journal

Supreme Court Rejects Fifth, Eleventh Circuit's First Amendment Decisions

The ability of social media sites to prioritize or delete content has resulted in movements to limit the moderating power of these entities, and allow all opinions, particularly on political issues, broad and "uncensored" access to express the most extreme positions of both the left and right.
9 minute read

New York Law Journal

Mezzanine Loans and UCC Foreclosures: Recent NY Case Law on the Commercially Reasonable Standard

This article explores a recent case from the Southern District of New York that discusses certain requirements under the UCC related to the mechanism by which a secured party can dispose of its collateral upon an event of default by the borrower.
8 minute read

New York Law Journal

Supreme Court Agrees To Decide Another Mail/Wire Fraud Question

This article describes different approaches taken to a "fraudulent inducement" theory of liability by contrasting the Third Circuit's decision in 'Kousisis' with the Second Circuit's different approach. It concludes with observations on the potential significance of a Supreme Court ruling that further limits the scope of mail/wire fraud.
10 minute read

New York Law Journal

Lockstep Compensation Isn't Just for the Most Elite Law Firms

"There's no fighting over the origination or billing status," noted one midsize firm leader about lockstep pay.
5 minute read

International Edition

Overhaul of Canada's Competition Regime a 'Revolution,' Not a Mere Tuneup

An overhaul of Canada's competition laws has created uncertainty and unpredictability, and lawyers say it could chill business growth and investment.
4 minute read

Daily Report Online

Two SCOTUS Decisions to Amplify Demand for Litigation Aimed at Fed. Agencies

Some experts think the ruling involving a challenge to the length of a statute of limitations will be even more consequential than the end of Chevron deference, which curtails all federal regulatory agencies' powers.
5 minute read

New York Law Journal

Chasing Carrots: The Uncertain Rewards of SEC Self-Reporting and Cooperation    

Daniel L. Zelenko and Anand Sithian are partners in the New York office of Crowell & Moring. Danielle Giffuni is counsel in the firm's New York office. Andrea Charles is an associate in the firm's New York office and Ahnna Chu is an associate in the firm's Los Angeles office.
8 minute read

New York Law Journal

How Companies Will Be Affected by the Corporate Transparency Act, NY LLC Transparency Act

This article explores how the CTA and the related New York LLC Transparency Act impact U.S. companies and foreign companies conducting business in the United States, as well as financial institutions.
8 minute read

New York Law Journal

FEPA: The Most Influential Anti-Bribery Legislation Since FCPA or a Paper Tiger?

For those who advise clients on matters relating to cross-border compliance, the Foreign Corrupt Practices Act has been the primary federal anti-bribery law since 1977. That was until 2023, when President Biden signed into law the Foreign Extortion Prevention Act. In doing so, the federal government filled a longstanding gap that was unaddressed: the "demand side" of foreign bribery and corruption.
8 minute read

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