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National Law Journal

'Unlawful Several Times Over': Groups Urge 8th Circuit to Scrap SEC Climate Disclosure Rule

"The SEC cannot invoke abstract policy goals to aggrandize its authority beyond disclosure of 'financial" information material to investors." the rule's challengers stated in their appellate court brief.
3 minute read

International Edition

Investigation Into $2.5B Deal Shows EU Means Business With New Foreign Subsidies Rules

Lawyers say companies needed to pay serious attention to the additional potential hurdle that the new rules pose to the closing of M&A deals.
4 minute read

International Edition

European Commission's Green Goals Hit Roadblock After Election Swing to the Right

The EU Commission's green legislative agenda has stalled after right-wing parties made significant gains in the European Parliament elections.
5 minute read

Texas Lawyer

Oil Field Supplier Gets Stay on USDOT Ban on Transport of Explosive

Had the agency carefully reviewed the evidence, it would have realized its findings were overwhelmingly contradicted by that evidence, the U.S. Fifth Circuit noted.
3 minute read

National Law Journal

SEC Chair Gensler Defends Embattled Private Fund Adviser Rule After 5th Circuit Defeat

"What we did in [the private fund adviser] rule, I think, was to help investors in private funds get quarterly statements on their fees, performance and any side deals with other investors," Gary Gensler said. "We thought and believed that it was within the law."
3 minute read

International Edition

European Court of Justice Reaffirms Right to Interest in Deutsche Telekom Victory

The decision by the EU's top court may have implications for Intel Corp.'s quest for €593 million in interest from the European Commission.
3 minute read

Law.com

Courts Split Over Requirement for Chapter 15 Jurisdiction In the U.S.

If a foreign debtor doesn't reside in, have a domicile or place of business in, or have property in the U.S., can the foreign representative of the debtor utilize Chapter 15 to obtain discovery to use in the foreign proceeding?
7 minute read

International Edition

Saudi Arabia Considers Relaxing Regulations For Foreign Law Firms

Saudi Arabia is consulting on plans to relax restrictions on foreign law firms in a significant change that would allow partners to establish fully non-Saudi-owned and operated offices in the Kingdom.
3 minute read

National Law Journal

Industry Groups Sue EPA Over PFAS Drinking Water Regulation, Calling Rule 'Arbitrary, Capricious'

"I believe that we're going to see more of a proactive, as opposed to a reactive, approach from chemical manufacturers with products containing PFAS," said environmental lawyer Kayla Weiser-Burton.
4 minute read

New Jersey Law Journal

How Will the Federal Reclassification of Marijuana Affect New Jersey's Cannabis Industry?

"After nearly 55 years, it appears the federal government is catching up with the times and will recognize that marijuana has an accepted medical use," write Michael F. Schaff and Jennie M. Miller.
7 minute read

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