30 Jul, 2024 Court Quashes Substantial Number of SEC’s Novel Liability Theories in SEC v. SolarWinds By Timothy Howard Pamela Marcogliese Brock Dahl Beth George Megan Kayo Robert Barton Susannah Benjamin +4 more... Show less On July 18, 2024, the Court in SEC v. SolarWinds, 23-cv-09518 (S.D.N.Y. Oct. 30, 2023) dismissed the majority of the claims brought by...
30 Jul, 2024 Banking Agencies Signal Increased Scrutiny of Bank-Fintech Partnerships By David Sewell Alison Hashmall Nathaniel Balk Nariné Atamian +1 more... Show less On July 25, 2024, the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (FRB), and...
16 Jul, 2024 Risks of Cross Border Operations: Chiquita Brands International Found Liable for Financing Terrorism By Timothy Harkness Peter Linken Scott Eisman Maylin Meisenheimer +1 more... Show less Doing business in conflict zones has always been complicated. Increased litigation has compounded those risks in recent years. A June...
12 Jul, 2024 FTC Releases Interim Findings on Pharmacy Benefit Managers By Justin Stewart-Teitelbaum Christine Wilson Kristen Riemenschneider Vinita Kailasanath Emily Strickland Laura Zhu +3 more... Show less On July 9, 2024, the Federal Trade Commission (FTC or Commission) published an interim staff report on pharmacy benefit managers (PBMs)...
12 Jul, 2024 OFAC Amends Cuba Sanctions, Expanding Access to the US Financial System and Incentivizing Private Sector Entrepreneurship By Nabeel Yousef Stephanie Brown Cripps Andrew Bulovsky Keian Razipour +1 more... Show less On May 28, 2024, the US Treasury Department’s Office of Foreign Assets Control (OFAC) eased restrictions on Cuba under the Cuban Assets...
11 Jul, 2024 A “tsunami of lawsuits”? What’s next for the financial services industry after a historic Supreme Court term modifies the regulatory framework By David Sewell Alison Hashmall Daniel Klingenbrunn Nathaniel Balk Nariné Atamian +2 more... Show less It would be premature to make predictions about the near-term course of financial regulation in the United States, but one thing is...
08 Jul, 2024 FinCEN Proposes Comprehensive Updates to AML/CFT Program Rules By David Sewell Nathaniel Balk Nariné Atamian On June 28, 2024, the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) issued a proposed rule (the Proposed Rule)...
05 Jul, 2024 FTC’s Non-Compete Ban Temporarily Struck Down by District Court in Texas By Nicole Foster Lori Goodman Jan Rybnicek Justin Stewart-Teitelbaum Christine Wilson Will Cooke Sam Fulliton +4 more... Show less On July 3, 2024, the Federal District Court in the Northern District of Texas granted a preliminary injunction staying an FTC rule...
02 Jul, 2024 Psst, Need a Non-Consensual Third Party Release After the Supreme Court’s Purdue Decision?: Consider a Non-U.S. Proceeding Plus Chapter 15 Recognition By Madlyn Primoff Michael Broeders Craig Montgomery Ken Baird Crystal Kong +2 more... Show less In the most significant decision of the decade on a matter of U.S. bankruptcy law, the U.S. Supreme Court rendered its highly anticipated...
02 Jul, 2024 Does California’s Delete Act Have the “DROP” on Data Brokers?: Updates and Insights from the Recent Stakeholder Session By Christine Lyon Christine Chong Jackson Myers The California Delete Act will make it easier for California consumers to request deletion of their personal information by so-called...