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SEC No-Action Letter on State Trust Companies and Crypto Custody
Our Investment Funds and Securities Litigation teams explain how the Securities and Exchange Commission (SEC) has clarified the treatment of state trust companies as “banks” for custody of crypto assets, which may expand options for registered investment advisers (RIAs) and registered investment companies (RICs) seeking permissible digital asset custody solutions….By: Alston & Bird
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DNI Issues First FASCSA Exclusion and Removal Order Against Acronis AG
On September 15, 2025, the Office of the Director of National Intelligence (“DNI”) published the first exclusion and removal order (“Order”) under the Federal Acquisition Supply Chain Security Act of 2018 (“FASCSA”). The Order prohibits the procurement and use of products and services from Acronis AG (“Acronis”)—a Swiss cybersecurity and data protection technology company—by the Intelligence Community (“IC”)….By: Mayer Brown
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Policy Limits and Bad Faith Claims: What California Car Accident Victims Need to Know
When it comes to insurance claim practices handled in bad faith, the Golden State is an unfortunate leader. In August 2025, the Sixth Appellate District Court of California published a decision in an insurance dispute that reaffirmed one of many bad faith strategies commonly applied by insurers. Bad faith happens when insurance companies unreasonably fail…
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Disability Claims Are Being Denied More Often — But You Still Have Options
Across Ontario and beyond, more people are facing disability claim denials from their insurance providers. For individuals already coping with serious health challenges, these refusals add another layer of stress….By: Auger Hollingsworth
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U.S. Supreme Court Grants Cert. in FAAAA Preemption Case Involving Brokers
On October 3, 2025, the U.S. Supreme Court granted plaintiff’s Petition for a Writ of Certiorari in Montgomery v. Caribe Transport II, LLC, 124 F.4th 1053 (7th Cir. 2025). The Court will address the question, stated simply: “Does § 14501(c) preempt a state common-law claim against a broker for negligently selecting a motor carrier or…
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Client Alert: Civil Lawsuits Under Human Trafficking Statutes are on the Rise: Recent Decisions Find Coverage for Policyholders Under CGL Policies
Increasingly, many companies are finding themselves entangled in human trafficking claims under federal and state laws. The federal Trafficking Victims Protection Reauthorization Act (TVPRA) and similar state laws cast a wide net that is intended to snare those involved in or those that “knowingly benefit” from trafficking. Industries such as agriculture, construction, transportation, technology, banking,…
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Trying to Survive Gaza’s War-Torn Present, and Hoping for a Future
Two years of intense warfare in Gaza has left its people with a dismembered and disordered society. The destruction is vast and many Gazans have mental and physical wounds that could scar a generation.
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French Prime Minister Sébastien Lecornu Resigns
Sébastien Lecornu’s departure ratcheted up pressure on President Emmanuel Macron to call snap parliamentary elections.
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Pakistan Fights Its Fiercest Taliban Insurgency in a Decade
Pakistan uprooted the Taliban with U.S. help in the 2010s. But the insurgency has resurfaced with assistance from the Afghan Taliban.
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Israel and Hamas Meet in Egypt to Discuss Gaza Peace Plan
As Israelis brace for a day of mourning and commemoration, negotiators for Israel and Hamas met with mediators in Egypt to hash out an end to the war.