Corporate Law360 provides breaking news and analysis of legal and regulatory issues affecting companies and their counsel. Coverage includes emerging regulation, legislation, and litigation that broadly impacts corporations.
The U.S. Supreme Court recently agreed to hear Cochise Consultancy v. United States ex rel. Hunt, which deepened the circuit split over how the False Claims Act’s statute of limitations applies in certain qui tam actions. The decision should bring sorely needed clarity, say Matthew Curley and Scott Gallisdorfer of Bass Berry & Sims PLC.
Wall Street regulators issued an unusually strong rebuke Friday of their counterparts in China for continuing to shield reports that could indicate whether public companies based there are playing fairly in U.S. exchanges.
The U.S. Treasury Department’s decision to limit interest expense deductions for certain foreign affiliates of multinational corporations could force businesses to undertake complex calculations and puts them at a risk of paying more tax on global income.
The D.C. federal judge pumping the brakes on the fast-moving merger of CVS Health Corp. and Aetna Inc. has a track record of aggressively scrutinizing government deals with big business, even if it means testing the boundaries of judicial power.