An official from the U.S. Department of the Treasury on Tuesday criticized the European Union’s state aid investigations into the tax deals EU countries have made with American multinational companies, saying they are damaging U.S. relations with those countries.
New York state may soon require top executives at financial firms to certify that their institutions are in compliance with the state’s strict anti-money laundering rules under a proposal released Tuesday aimed at further cracking down on terror financing.
Two public officials in the Pennsylvania cities of Allentown and Reading pled guilty Monday to conspiracy charges stemming from municipal pay-to-play schemes, the U.S. attorney's office announced, releasing criminal indictments that implicate elected officials in both cities of playing active roles in the schemes.
The U.S. Department of Homeland Security blasted a claim by a computer worker group that the Fifth Circuit’s recent ruling against the president’s immigration actions helps its case against a rule allowing H-4 visa holders to work, telling a D.C. federal court on Wednesday that the cases address different questions.
The U.S. Bureau of Land Management urged a Wyoming federal judge Monday to quickly resolve a suit challenging its fracking rules for federal and tribal land, but if not, to keep the case moving while environmental groups separately pursue an appeal of his preliminary order blocking the rules.
Responding to a court order, the Centers for Medicare and Medicaid Services on Monday defended a $220 million hospital pay cut to offset rising inpatient admissions, and the agency hinted that an even larger cut may be appropriate.
An industry group representing manufacturers of e-cigarettes sought Monday to limit the impact of the U.S. Food and Drug Administration's so-called deeming regulations requiring stricter warnings on novel smoking products to newly introduced products.
The Federal Reserve tightened up its rule eliminating its bailout powers for individual firms in response to pressure from lawmakers, but the failure to set a tough penalty rate for emergency loans still gives the agency too much flexibility to engineer a bailout, critics say.
The Eleventh Circuit on Monday dismissed an appeal filed by a group of Alabama environmental organizations against the U.S. Environmental Protection Agency over an interim decision allowing the state to continue administering a federal pollution program, saying it lacks jurisdiction because the EPA has yet to make a final determination.
The European Union’s proposal for a standing investment court system in the Transatlantic Trade and Investment Partnership came under fire recently from the “trenches” of international arbitration, facing claims of “rushed political appeasement” from a high-profile arbitrator.
Section 8 recipients have a property right in knowing their benefits won’t be cut without being notified a year in advance, the Ninth Circuit said Monday, ordering a lower court to grant a proposed class of low-income Los Angeles residents a win in their case against the city’s housing authority.
A trucking group on Monday formally petitioned the Rhode Island Department of Transportation to hand over information behind Gov. Gina Raimondo’s $1 billion plan to fund infrastructure and bridge repair projects by slapping tolls on large commercial trucks rolling through the state.
The White House said Monday it is increasing security measures for the visa waiver program, which permits citizens from 38 countries to travel to the U.S. without visas, through steps that include helping the Department of Homeland Security obtain information on any past travel by applicants to countries considered terrorist safe havens.
The U.S. House of Representatives passed legislation Monday formally authorizing a U.S. Department of Homeland Security institute to train and equip law enforcement and prosecutors to investigate and prevent fraud, intellectual property theft and other cybercrime and share related information.
The U.S. Supreme Court on Monday declined to review the Fifth Circuit’s decision to strike $360,000 in attorneys’ fees awarded to challengers of a Texas voter redistricting plan, keeping intact a finding that neither side won the case despite the challengers securing a preliminary injunction.
The U.S. Securities and Exchange Commission has named a new associate director in the Office of International Affairs, announcing Monday that it has tapped a 10-year agency veteran to lead SEC policy on international regulatory matters.
Presidential candidate Hillary Clinton on Monday proposed an ambitious five-year plan to rehabilitate and modernize the nation’s aging and overburdened transportation infrastructure, carving out $275 billion for investments in roads, bridges, tunnels and ports that would be paid for through business tax reform.
With a Washington federal judge's reluctant endorsement of an unprecedented collaboration between Quinn Emanuel Urquhart & Sullivan LLP and the Internal Revenue Service in an investigation of Microsoft Corp.’s transfer pricing practices, lawmakers could be pushed to prohibit private law firm participation in agency examinations.
The International Monetary Fund’s executive board announced Monday that the Chinese renminbi will become the fifth currency to be included in the organization’s international reserve asset that supplements member countries’ official reserves.
The U.S. Environmental Protection Agency on Monday finalized an increase in the volume of renewable fuel available in the United States, saying the move would support the growth of the biofuels industry.
New guidance from the Treasury and the IRS on inversion transactions expands upon and, in certain instances, modifies prior guidance released last year, but also adds a few new unexpected hurdles of its own. One of the most surprising aspects of the latest notice is that it does not include any new guidance on so-called “earnings stripping” transactions, say attorneys with Kirkland & Ellis LLP.
In California there are no rules or regulations governing the production and sale of medicinal cannabis and it is unclear whether edible cannabis products, like chewing gum and brownies, will be governed by existing food safety laws, says Troy McMahan at Sedgwick LLP.
Recent case law reflects a clear progression toward judicial acceptance of document analytics. In this article, principals at The Brattle Group Inc. and the leader of Reed Smith LLP's records and e-discovery group summarize court opinions on the superiority of using predictive coding over keyword searches and provide an illustration of how a closely related method, topic modeling, can be used in document-intensive investigations.
The 2015 amendments to the Federal Rules of Civil Procedure took effect Tuesday and significantly change the discovery rules. In this article, attorneys with Paul Hastings LLP explain the changes and their impact on patent litigation.
Business litigators awoke Tuesday to new rules affecting the nuts and bolts of practice in the Commercial Division of New York State Supreme Court, from jurisdictional requirements and motion practice to discovery and trials. And since the Commercial Division is arguably the nation’s most influential specialized business court, other business courts across the country soon may follow, says William Gyves of Kelley Drye & Warren LLP.
The drug industry is anxiously awaiting new regulations from the U.S. Food and Drug Administration that could dramatically alter drug labeling in the U.S. and level the playing field for both generic and brand-name drug companies — but there is a sharp disagreement within the industry on what the FDA should do, say attorneys at Duane Morris LLP.
Tucked away in Section 1641 of the 2016 National Defense Authorization Act are a set of cyber liability protections for the defense industrial base that have become law with little fanfare. Significantly, this comes at a time when Congress is attempting to resolve differences between broader cybersecurity legislation with some similar features, say Alexander Haas and John Drennan of King & Spalding LLP.
Will the amendments to the Federal Rules of Civil Procedure actually help streamline cases, reduce discovery costs and improve case management? That is certainly the hope, although the key will be how well judges and counsel take advantage of early case assessment and management techniques, say Mark Tully and Michelle Briggs of Goodwin Procter LLP.
The real legislative fireworks begin on Tuesday, when the Senate is likely to turn its attention to the budget reconciliation bill. Because of special rules established in the Budget Control Act, a budget reconciliation is not subject to a filibuster and therefore only needs 51 votes to pass the Senate, say Richard Hertling and Kaitlyn McClure of Covington & Burling LLP.
The Environmental Protection Law of the People’s Republic of China was promulgated over 25 years ago. But only recently have substantive amendments, combined with public awareness and government leadership, provided reason to hope that the law can serve its mission to protect China’s environment, say Michael Vella and Lillian He of Jones Day.