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Yesterday, the chairmen of the Senate Finance Committee and the House Ways and Means Committee introduced The Tax Relief for American Families and Workers Act of 2024, which proposes changes to the child tax credit, low-income housing credit, deductibility of research and development expenditures.

ArentFox Schiff Chief Innovation Officer Ed Macnamara was quoted by Legaltech News discussing the potential of generative artificial intelligence (GenAI) in the legal field, suggesting that while some firms may use it to enhance efficiency, most will likely adopt a cautious approach in 2024 while waiting for further technological advancements.

ArentFox Schiff advised the National Women’s Soccer League (NWSL) in the sale of Portland Thorns FC to RAJ Sports, led by Lisa Bhathal Merage and Alex Bhathal. The Bhathal family’s additional sports holdings include an ownership interest in the NBA’s Sacramento Kings.

In the latest installment of Five Questions, Five Answers, Birgit Matthiesen is joined by Leah Scarpelli, a Partner with the firm’s International Trade & Investment Practice.

Partner D. Reed Freeman was quoted by Legaltech News discussing the Federal Trade Commission’s (FTC) future privacy initiatives, including proposed rulemaking, revised rules for children’s online privacy protection, and an increased focus on sensitive personal information.

January 31, 2024

Tom Abendroth, Christine Quigley and Kevin Matz will present a panel discussion on January 31, 2024. The webinar is sponsored by WealthManagement.com.

February 28, 2024

Join Angela Santos as she leads a captivating panel for the International Bar Association, spotlighting prominent leaders in the Fashion & Retail industry. The panelists will deep dive into understanding ESG, with a targeted focus on the intricacies existing within the supply chain.

On the one hand, business insurance provides in-house counsel with the peace of mind to know that if their company is involved in a covered event, the insurer will be responsible for some or all of the damages and also may be responsible for footing the bill for legal fees and defense costs. On the other hand, insurance carriers usually are incentivized to engage inexpensive attorneys who may not have the industry, business or other expertise which in-house counsel typically desire.

Health Care Practice Leader Douglas Grimm was quoted by Healthcare IT Today discussing the increasing use of artificial intelligence (AI) in health care.

This week, SAP SE (SAP), the German-based software company, agreed to pay over $200 million to resolve investigations by the US Department of Justice (DOJ) and US Securities and Exchange Commission (SEC) into violations of the Foreign Corruption Practices Act (FCPA).

Climate change litigation continues in the headlines, this time with an Oregon federal court evaluating claims by 21 children that the federal government violated their constitutional right to a habitable environment.

This week, the US Department of Labor (DOL) issued a final rule — Federal Register: Employee or Independent Contractor Classification Under the Fair Labor Standards Act.

Chairman Anthony V. Lupo was quoted by Quartz about the concerns of the authentication practices of resellers.

The Corporate Transparency Act (CTA) became effective on January 1. The CTA creates a new national database of companies, maintained by the US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN), to facilitate the government’s law enforcement and national security efforts.

Proposed bills at the federal and state level were announced January 10, both intended to protect recording artists and the music industry from unauthorized “soundalike” vocals created using artificial intelligence (AI) technology.

Critical minerals — the lithium, graphite, cobalt, manganese, and other key minerals that are later processed into battery-grade chemicals — represent the essential ingredients in any electric vehicle (EV) battery.

For readers who may not be fully apprised of what these tariffs are, we offer a short summary.

The Electric Mobility industry is on track for another exciting year. However, current and forthcoming US agency regulations continue to inject confusion and costs in critical supply decisions, for which legal tools can provide near- and long-term solutions.

The United States-Mexico-Canada Agreement (USMCA), in many ways, can be a game changer for many automotive companies. First and foremost, eligibility of products deemed USMCA compliant benefit from zero US import tariffs.

Aluminum is clearly an important material for the industry as there is an objective for making vehicles as light as possible. Aluminum issues may start with Tariff Classification and Country of Origin questions, and can lead to more complex issues, including Section 232 tariffs or other high-tariff trade barriers.

We chose to include a discussion of this important but lesser understood policy area because of the likelihood of their impact — both adverse and positive — on many companies’ procurement and production plans.

Chairman and Fashion & Retail Law Industry Team Leader Anthony V. Lupo was quoted on the industry reaction to the Fashion Sustainability and Social Accountability Act.

ArentFox Schiff is pleased to announce the addition of partner Todd Feinsmith to its Bankruptcy & Financial Restructuring practice in the firm’s Boston office.