Business Law and Corporate Law

The following summary is designed to help our clients and friends keep track of the most significant Securities and Exchange Commission ("SEC") developments and rule changes as they plan for their annual meetings...

Foreign private issuers (FPIs) and their directors and officers have long operated outside the U.S. insider reporting regime that applies to domestic public companies

California's corporate climate disclosure litigation now turns on a question bigger than climate policy: how far a government can go in drafting corporate speech for regulated businesses.

On December 19, 2025, the Commodity Futures Trading Commission (the "CFTC") issued a no‑action letter (the "No‑Action Letter") that permits many private fund managers...

On December 5, 2025, Craig Pritzlaff, Acting Assistant Administrator of the EPA's Office of Enforcement and Compliance Assurance ("OECA"), issued an internal Memorandum titled "Reinforcing a ‘Compliance...

On November 17, 2025, the U.S. Securities and Exchange Commission's Division of Examinations (the "Division") released its 2026 Examination Priorities (the "Examination Priorities").

To ensure liquidated damages clauses are both enforceable and equitable, construction professionals should work closely with legal counsel to craft provisions that include clear, adequate checks...

A clear definition of the scope—including all rights, duration, and territories—is foundational to the agreement's value and prevents commercial risk.

In a move aimed at upholding consumer rights in the digital age, the Federal Trade Commission (FTC) warned 10 companies that their business practices may violate the agency's recently implemented "Consumer Review Fairness Rule."

With the National Defense Authorization Act for 2026 (the NDAA) signed into law on December 18, 2025, directors and officers (also referred to as insiders) of Foreign Private Issuers...

The Holding Foreign Insiders Accountable Act (HFIAA), which was signed into law on 18 December 2025, introduces a new compliance requirement for foreign private issuers (FPIs) that historically have not been subject to US insider reporting rules under Section 16(a) of the Securities Exchange Act of 1934.

On December 18, 2025, President Trump signed into law the National Defense Authorization Act for Fiscal Year 2026. Section 8103 of the act, entitled the "Holding Foreign Insiders Accountable Act" ("HFIAA")...