Although the Connecticut legislature was not successful in passing a privacy law similar to those passed in California, Colorado and Virginia, on June 24, 2021, the “Act Incentivizing The Adoption Of Cybersecurity Standards For Businesses” (Public Act No. 21-119 ) (“Cybersecurity Standards Act”)
After an eight-day trial, a federal jury convicted four California residents for their scheme to submit fraudulent loan applications seeking millions of dollars in the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) COVID-19 relief funds.
In a major property rights decision, the US Supreme Court held that the federal Constitution protects against a state mandating union access to an employer’s private property for organizing purposes.
Most benefits under the Massachusetts Paid Family Medical Leave (MA PFML) became available to eligible employees on January 1, 2021. The final benefit, leave to care for a family member with a serious health condition, becomes available to eligible employees on July 1, 2021.
How challenging is LIBOR Transition proving to be in the US structured finance market?
Amec Foster Wheeler Energy Limited (the Company), a subsidiary of John Wood Group plc (Wood), a United Kingdom-based global engineering company, agreed to pay more than $41 million in penalties and disgorgement for alleged violations of the Foreign Corrupt Practices Act (FCPA).[1]
We reported on the conciliation procedures that the EEOC proposed during the Trump administration’s waning months. Those procedures, with some revisions, took effect in February 2021.
Carbon-reduction claims, such as “carbon neutral” and claims about lower “carbon footprints,” are proliferating in the marketplace. Many of these advertising claims are based on the purchase of carbon credits, an environmental asset that represents a verifiable reduction in carbon dioxide (or other
Illinois Governor J.B. Pritzker recently signed into law SB0072 (the “Prejudgment Interest Act”), a revised version of the bill he had previously vetoed and that we discussed in a prior alert. The Prejudgment Interest Act will amend the Code of Civil Procedure.
On June 25 the federal Department of Housing and Urban Development announced that it would re-codify its 2013 regulation subjecting the practices and policies of homeowners insurers to scrutiny under a disparate impact standard as a means of enforcing the Fair Housing Act.
Rapper and actor Ice Cube sued the online trading platform Robinhood alleging false association, misappropriation of publicity rights, and unfair competition based on Robinhood’s use of Ice Cube’s image and a paraphrased lyric from his single, “Check yo self.”
Withhold release order was issued that will prohibit imports of products produced in whole or part from silica produced by Hoshine Silicon Industry Co., Ltd. and its subsidiaries. This company has been linked to the largest global solar producers.
On June 21, 2021, the United States Supreme Court unanimously ruled in Alston v. NCAA that certain rules enacted by the NCAA cannot survive federal antitrust scrutiny.
Following a challenging year due to the worldwide impact of COVID-19 and natural disasters, industry experts and economists are forecasting growth in the construction industry. Paused projects have re-started, restrictions have been lifted, stimulus packages continue to provide relief and a proposed
On June 23, 2021, CVS Pharmacy Inc. was cleared of claims of overcharging drug purchasers by more than $121 million for general drugs. This verdict comes after a week-long trial in the Northern District of California beginning June 7, 2021.
FCC Seeks Nominations for Membership on Task Force and Its Working Groups by July 12, 2021
Elizabeth Holmes, founder and ex-CEO of now-defunct blood testing start-up Theranos, is once again making headlines, this time for her upcoming criminal trial and related court proceedings.
Although the economy has begun its recovery, it continues to display contradiction and uncertainty. Unemployment continues at a relatively high rate yet businesses complain of not being able to fill job openings. An inordinate number of workers are quitting their jobs.
The Illinois General Assembly recently passed Senate Bill 672 (“SB 672” or the “Bill”), which codifies Illinois common law standards for enforceability for covenants not to compete.
Last week, in a major break from its policy under the Trump administration, the US Department of Education’s Office for Civil Rights issued a Notice of Interpretation, explaining that it will enforce Title IX’s prohibition against sex discrimination to include: (1) discrimination based on
On February 24, 2021, we first reported on the most significant variants of the novel coronavirus then emerging across the globe and here in the United States.
Since 2019, the Federal Trade Commission and the U.S. Food and Drug Administration have warned companies that make or sell cannabidiol (CBD) products that it is illegal to label and advertise that their products prevent, treat, or cure human disease without FDA approval.
Based upon the records of the New York Fed and the Federal Reserve Economic Data (FRED) of the St. Louis Fed, the level of reverse repo activity on June 17th -18th reached unprecedented levels.
Of course elections matter, and executive branch changes may bring real and meaningful policy change.
Earlier today, the US Department of Labor published a notice of proposed rulemaking “to limit the amount of non-tip producing work that a tipped employee can perform when an employer is taking a tip credit against the federal minimum wage.”