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Texas Lawyer

Federal Appeals Court Weighs Fiduciary Rule for Financial Retirement Plans

Two energy companies were joined by 26 GOP attorneys general in opposing an ERISA rule that clarifies climate change and diversity as issues protected by the environment, social and governance factors fiduciaries can consider when preparing retirement funds for clients.
4 minute read

National Law Journal

PBMs' Actions Might Increase Drug Prices, Drive Out Independent Pharmacies, FTC Reports

The agency voted 4-1 to issue the report on pharmacy benefit managers, with Republican Commissioner Melissa Holyoak being the sole dissenter.
6 minute read

National Law Journal

FTC's Noncompete Rule Unlikely to Survive Litigation, Say Antitrust, Intellectual Property Experts

"Ultimately, I'll be surprised if the end of the road for the FTC isn't that the rule is struck down, never to be revived again," said Edward Schwartz, a partner at Reed Smith.
5 minute read

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

Law.com

DOJ's Cyber Fraud Initiative: A Wake-up Call That Keeps Ringing

DOJ's Cyber Fraud Initiative has been a wake-up call for companies to prioritize cybersecurity and adhere to stringent standards. By leveraging the FCA, DOJ has used a powerful enforcement tool to target a wide range of cybersecurity failures and misrepresentations. The increasing focus on cybersecurity by enforcement agencies means that robust cybersecurity practices are becoming a standard expectation, not just a best practice.
9 minute read

National Law Journal

FTC Warns Eight Companies of Potentially Hindering Consumers' 'Right to Repair'

The FDA expressed concern with company statements that the agency described as telling consumers they must use specified parts or certain service providers to maintain their warranties.
3 minute read

National Law Journal

Texas Federal Judge Blocks Implementation of FTC's Ban on Noncompetes

U.S. District Judge Ada Brown called the Federal Trade Commission Act a "housekeeping" statute that does not give the FTC "substantive" rulemaking authority.
4 minute read

The Recorder

Latest Changes to Annual Lawyer Licensing Bill Would Raise Fees $88

"I'm not thrilled with the prospect of increasing my own fees," said Assemblymember Ash Kalra, D-San Jose, "but the reality is that if we don't approve this measure today, the state Supreme Court will be forced to set the licensing fees."
3 minute read

National Law Journal

'Corner Post' Will Lead to More Litigation, Losses for Agencies, Regulatory Attorneys Say

"The playing field has been leveled in challenges to agency actions," said Dan Jarcho, a partner at Alston & Bird.
4 minute read

Daily Report Online

Law Firms Gearing Up For Demand Surge Following Chevron Deference Ruling

"It may not all necessarily unfold in the context of litigation but, as a whole, there's going to be a need for more lawyers helping companies navigate this new rubric, and what it means," said Lynn Calkins of Holland & Knight.
5 minute read

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