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The House G.O.P Has Its Leader. But Can He Be a Rainmaker?
The former speaker, Kevin McCarthy, was a prolific fund-raiser for his House colleagues. The new speaker, Mike Johnson, doesn’t yet have the same juice.
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Team Trump Revives Attack Ads Against DeSantis in Iowa
A super PAC supporting Trump is shifting its strategy again, with less than three months before the state’s first-in-the-nation caucuses.
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Gaza’s Tunnels Loom Large for Israel’s Ground Forces
Hamas is believed to hide weapons, fighters and even command centers in miles of subterranean pathways and chambers.
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BIS Updates October 2022 Semiconductor Export Control Rules
On October 17, 2023, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) released two interim final rules to reinforce and expand controls on (a) advanced semiconductors and related computing items (the Advanced Semiconductors Rule) and (b) semiconductor manufacturing equipment (the Semiconductor Manufacturing Equipment Rule)……By: Skadden, Arps, Slate, Meagher & Flom LLP
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Brussels Regulatory Brief: October 2023
Antitrust and Competition – European Commission Prohibits US$1.7 Billion Merger in Online Travel Agency Sector – On 25 September 2023, the European Commission (Commission) prohibited, under Council Regulation (EC) No 139/2004 (EU Merger Regulation), a merger in the online travel agency sector….By: K&L Gates LLP
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FinCEN Proposes To Designate Convertible Virtual Currency Mixing as a Primary Money Laundering Concern
The Proposed Rule Aims To Increase Transparency in CVC Mixing – On October 19, 2023, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) released a notice of proposed rulemaking (Proposal) that designates CVC mixing as a primary money laundering concern. The Proposal would require domestic financial institutions and agencies to adopt new recordkeeping…
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Appellate Courts Issue Reasonable Consumer Defense Wins in Food Litigation Cases
The appellate courts for the second and ninth circuits recently issued rulings reinforcing the reasonable consumer standard. In doing so, these cases refine prior precedent and strengthen a court’s ability to properly dismiss cases over labeling claims where no reasonable consumer could plausibly be misled. As the Ninth Circuit put it, “a reasonable consumer does…
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Tri Counties Bank Announces Data Breach Impacting Sensitive Employee and Customer Information
On October 12, 2023, Tri Counties Bank filed a notice of data breach with the Attorney General of California after discovering that an unauthorized actor was able to access portions of the company’s computer network. In this notice, Tri Counties Bank explains that the incident resulted in an unauthorized party being able to access consumers’…
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FDA Issues New Warning Regarding Compounded Ketamine
On October 10, 2023, the U.S. Food and Drug Administration (FDA) issued a public warning regarding the potential health risks associated with compounded ketamine products. This warning follows a February 16, 2022 alert regarding the potential risks associated with compounded ketamine nasal spray. The October 10 warning notes that even though there has been widespread…
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Manufacturing Giant Regal Rexnord Files Notice of Data Breach Impacting an Unknown Number of People
In September 2023, Regal Rexnord Corporation filed a notice of data breach with the Attorney General of Massachusetts after discovering that an unauthorized party was able to access information that had been provided to the company by consumers. In this notice, Regal Rexnord explains that the incident resulted in an unauthorized party being able to…
