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Schiff Hardin LLP is pleased to announce that the firm’s Product Liability & Mass Torts Blog has been recognized with a 2020 “Go-To Thought Leadership Award” by the National Law Review for providing relevant analysis, knowledge, and thorough coverage of product liability and Consumer Product Safety Commission (CPSC) enforcement issues.

Headlines that Matter for Companies and Executives in Regulated Industries

States seeking to regulate pharmacy benefit managers (PBMs) and prescription drug pricing received a win from the Supreme Court, which reversed an Eighth Circuit decision that had invalidated an Arkansas law governing pharmacy and PBM conduct on ERISA preemption grounds.

Schiff recently scored a significant pro bono victory in the U.S. Seventh Circuit Court of Appeals for its client and others who were sentenced to disproportionately harsh sentences for crack cocaine offenses.

Both practical and legal issues will need to be resolved, but as of today, the EEOC has signaled that mandatory COVID vaccinations are lawful for the vast majority of employees.

The report, issued by the FCC’s Office of Economics and Analytics, finds that broadband availability has significant positive impacts on crop yields and other farm production metrics.

Nearly two years after soliciting public suggestions to modify HIPAA rules to improve the coordination of care, the Department of Health and Human Services (DHHS) issued a Proposed Rule.

Hemp flower growers and smokable hemp manufacturers impacted by state laws that have banned or restricted smokable hemp flower production and sales are worried that federal regulators could echo state-level restrictions on a national scale.

To change its method of accounting, a taxpayer must receive consent from the IRS and should provide evidence showing the change in business activity, so that the IRS can confirm that the change in method of accounting will accurately reflect income.

For the first time, the FCC will have formal rules governing the process for Team Telecom review of license applications involving foreign ownership.

When acquiring shares in a corporation, minority shareholders often evaluate the profitability of the corporation, the value of their shares, and what protections are in place to shield them from wrongdoing at the hands of the controlling shareholders.

On December 15, New York Governor Andrew Cuomo signed a bill representing the most significant change to the New York law governing Powers of Attorney (POA) in almost a decade.

Schiff Hardin LLP is proud to receive top national rankings in the 2021 Vault Associate Survey, including a first-time recognition for our summer associate program.

On Monday, December 14, Senator Joe Manchin (D-WV) and Senator Susan Collins (R-Maine) introduced the “Emergency Coronavirus Relief Act of 2020,” which would provide another round of relief to combat the economic fallout resulting from COVID-19.

Prop 65 Counsel: What To Know

California Court of Appeal held that California’s wage and hour laws apply to seamen working on a ship outside of California’s jurisdictional limits.

Three months after a leak and investigation into over $2 trillion in suspect transactions at the world’s largest banks and financial institutions, known as the “FinCEN Files,” Congress passed legislation that would require anonymous shell companies to disclose their true owners.

Schiff Hardin LLP is pleased to announce that Intellectual Property Group Co-Leader Imron Aly has been named to Crain’s Chicago Business’ Notable Minorities in Accounting, Consulting & Law list for 2020.

Headlines that Matter for Companies and Executives in Regulated Industries

Arent Fox automotive attorney, Michael McMahan, who is representing the Firm’s client in suing BMW of North America, told a federal magistrate judge on Friday that he was in “utter shock” when he saw the $18 million settlement between the carmaker and the U.S. Securities and Exchange Commission.

Schiff Hardin LLP acted as counsel to the placement agent in connection with CBAK Energy Technology, Inc.’s registered direct offering of approximately $49.2 million of common stock at a price of $5.18 per share.

On November 3, Arizona voters passed the Smart and Safe Arizona Act (Proposition 207) by a wide margin, becoming the 13th state to legalize recreational marijuana for adult use. This is considered a huge victory in the nationwide legalization efforts.

Cannabis and cannabis resin, formerly classified on the most restrictive schedule under the 1961 Single Convention on Narcotic Drugs (Single Convention) were moved to the least restrictive schedule following a historic vote by the UN Commission for Narcotic Drugs on December 2, 2020.

Arent Fox LLP is pleased to announce the election of seven new Partners effective January 1, 2021.

Join Partners Tal Unrad and Kevin R. Pinkney and Associates Justin Goldberg and Bryce Donohue in a live webinar hosted by Arent Fox and Stout which will cover the following topics: