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The Corporate Transparency Act (CTA) became effective on January 1. The CTA creates a new national database of companies, maintained by the US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN), to facilitate the government’s law enforcement and national security efforts.
Aluminum is clearly an important material for the industry as there is an objective for making vehicles as light as possible. Aluminum issues may start with Tariff Classification and Country of Origin questions, and can lead to more complex issues, including Section 232 tariffs or other high-tariff trade barriers.
Critical minerals — the lithium, graphite, cobalt, manganese, and other key minerals that are later processed into battery-grade chemicals — represent the essential ingredients in any electric vehicle (EV) battery.
The United States-Mexico-Canada Agreement (USMCA), in many ways, can be a game changer for many automotive companies. First and foremost, eligibility of products deemed USMCA compliant benefit from zero US import tariffs.
For readers who may not be fully apprised of what these tariffs are, we offer a short summary.
We chose to include a discussion of this important but lesser understood policy area because of the likelihood of their impact — both adverse and positive — on many companies’ procurement and production plans.
The Electric Mobility industry is on track for another exciting year. However, current and forthcoming US agency regulations continue to inject confusion and costs in critical supply decisions, for which legal tools can provide near- and long-term solutions.
Chairman and Fashion & Retail Law Industry Team Leader Anthony V. Lupo was quoted on the industry reaction to the Fashion Sustainability and Social Accountability Act.
January 11, 2024
Amy Antoniolli will join a webinar on energy zoning and permitting, hosted by EUCI on January 11, 2024.
ArentFox Schiff is pleased to announce the addition of partner Todd Feinsmith to its Bankruptcy & Financial Restructuring practice in the firm’s Boston office.
Partner Ross Panko was quoted on the major trademark trends attorneys anticipate could impact matters in 2024.
Nuclear power has long been a core component of the Illinois energy sector. A new law seeks to enable nuclear power to play an increased role in the energy transition by allowing construction of new “small modular reactors” in the state.
D. Jacques Smith, Randall A. Brater, Michael F. Dearington, Nadia Patel, Elizabeth Satarov, Laura Zell
Headlines that Matter for Companies and Executives in Regulated Industries
Les Jacobowitz, Alan S. Dubin, Brooke Fodor, Megan (Woodward) Daily, Malia K. Benison, Matthew R. Bentley
This constitutes the third in a four-part series that discusses the practice of repledging (sometimes referred to as “rehypothecation”), how standard agreements allow for repledging, the treatment of repledging under current law, the potential pitfalls of which borrowers should be aware, and how borrowers can protect themselves going forward.
The US Department of the Treasury (Treasury Department) and Internal Revenue Service (IRS) recently published proposed regulations under Section 4966 to provide additional guidance on several issues related to creating and administering a donor-advised fund (DAF).
On December 18, the US Food and Drug Administration (FDA) announced the availability of the Cosmetics Direct electronic submission portal and publication of final guidance for industry on cosmetic facility registration and cosmetic product listing.
David R. Hamill, Angela M. Santos, Birgit Matthiesen, Mario A. Torrico, Lucas A. Rock, Kimia Pourshadi
Recent government actions illustrate that US-China trade relations will continue to be a focus as the United States enters an election year.
For better or worse, generative artificial intelligence (GenAI) is already transforming the way we live and work. Within two months of its initial release to the public, ChatGPT reached 100 million monthly active users, making it the fastest-growing consumer application in history.
Most foreign nationals living in the United States in temporary status (not green card holders) can only reenter the United States after international travel if they have a current visa in their passport.
In Kim v. Tinder, Inc., No. 22-55345 (9th Cir. Dec. 5, 2023), the Ninth Circuit recently vacated a $5.2 million class action settlement between plaintiff Lisa Kim and Tinder, Inc., finding that Kim was inadequate to represent the class.
As we discussed in our September 25 alert, Everybody’s Got Something to Hide Except Me and My Monkey: IRS Issues Moratorium on Processing New Employee Retention Credit Claims, the Internal Revenue Service (IRS) previously indicated that it was finalizing details for a settlement program for repayments for those who received an improper employee retention credit (ERC) payment. On December 21, 2023, the IRS provided details of this new settlement program (the ERC Voluntary Disclosure Program).
Nancy A. Noonan, Diana Dimitriuc Quaia, Leah Scarpelli, Jessica DiPietro, Yun Gao, Mario A. Torrico, William G. Stroupe II
On December 29, 2023, the US Glass Producers Coalition (Petitioner), together with the United Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial Service Workers International Union, filed antidumping duty (AD) and countervailing (CVD) petitions on certain glass wine bottles from China, Mexico, and Chile.
AI, Metaverse & Blockchain Industry Group Co-Leader Dan Jasnow was quoted by Law360 discussing the legal challenges that could define the landscape of artificial intelligence (AI) and copyright law in 2024.
On December 29, an ArentFox Schiff team of Fred Sperling, Adam Diederich, Kirstie Brenson, and Meera Gorjala obtained a preliminary injunction in federal court in Iowa preventing the enforcement of an Iowa law providing for the removal of books from school and classroom libraries.
Merry and Bright: Health Canada Recalls Artificial Christmas Trees for Potential Burn or Fire Hazard
For folks who can’t wait for Christmas, when to put up their tree can be a dilemma. Should they wait until after Thanksgiving? December 1? Or throw all caution to the wind and put up their decorations as soon as the last trick-or-treater has passed by?