New York Signs into Law Legislation Allowing Out of State “Risk Retention Groups” to Offer Automobile Insurance Coverage to Not-for-Profit Organizations
On September 15, 2023, New York Governor Kathy Hochul signed into law legislation (S.5959-B/A.5718-B), which allows out-of-state “risk retention groups” registered in New York State to offer automobile insurance coverage to 501(c)(3) not-for-profit organizations in the state.
Everybody’s Got Something to Hide Except Me and My Monkey: IRS Issues Moratorium on Processing New Employee Retention Credit Claims
The IRS has announced an immediate moratorium on the processing of new employee retention credit claims and warns taxpayers of aggressive promoters and marketers “hustling to get a hefty contingency fee.”
While increased enforcement resulting from increased federal focus on environmental justice (EJ) issues poses risk to many businesses, how the US Environmental Protection Agency (EPA) assesses and addresses EJ-related “cumulative risk” issues has the potential to create even more uncertainty.
Last week, the Equal Employment Opportunity Commission (EEOC) and the US Department of Labor’s Wage and Hour Division (WHD) signed a Memorandum of Understanding (MOU) to encourage enhanced law enforcement and greater coordination through agency information sharing.
California state legislators have joined the arena in the fight relating to advertised rates in the hotel industry and beyond. If the recent legislation is signed by Governor Gavin Newsom, the law will have significant ramifications for hospitality companies nationwide.
Private foundations are a favored vehicle for many charitably inclined clients — particularly those who seek to take a hands-on approach to their charitable mission while establishing a lasting legacy for their families.
From its founding in 1914 until roughly 2018, the Federal Trade Commission (FTC) enjoyed near complete hegemony as the primary consumer protection enforcement agency in the United States.
Back in March, we wrote about the then-current news of some of the nation’s largest real estate owners defaulting on loans secured by office buildings.
Part 2: Self-Dealing Rules and their Impact on IRA Investments
Les Jacobowitz, Alan S. Dubin, Brooke Fodor, Megan (Woodward) Daily, Malia K. Benison, Justin A. Kesselman, Matthew R. Bentley
The practice of repledging (sometimes referred to as “rehypothecation”) is utilized in, among others, loan, swap, and brokerage transactions.
The Internal Revenue Service (IRS) has issued guidance on the pharmaceutical excise tax that may apply to certain drug manufacturers, producers, and importers that fail to negotiate a drug-pricing agreement with the US Secretary of Health and Human Services.
In 15 Minutes on Congress: Appropriations Edition, Part 2, ArentFox Schiff Government Relations partner and podcast host Dan Renberg is joined by Bruce Evans, former Senate Appropriations Committee Minority Staff Director and Capitol Hill veteran with over three decades of experience.
The ArentFox Schiff’s Electric Mobility team was delighted to accept an invitation from the organizers of The Battery Show, billed as the largest advanced battery event in North America.
FDA Announces and Seeks Comments on Cosmetics Direct — Portal for Cosmetic Facility Registration and Product Listing
Last Friday, the US Food and Drug Administration (FDA) announced its newly developed draft electronic submission portal — Cosmetics Direct — to facilitate submissions of cosmetic product facility registrations and product listings later this year.
Design Patent Obviousness in the Automotive Industry - LKQ Corp. v. GM Global Technology Operations LLC and the Rosen-Durling Test
LKQ Corp. v. GM Global Technology Operations LLC has brought attention to the ongoing debate surrounding design patent law, particularly with respect to the Rosen-Durling test for design patent obviousness.
For better or worse, generative artificial intelligence (GenAI) is already transforming the way we live and work.
Generative AI (GenAI) tools are rapidly gaining traction in virtually every sector of the global economy, including the hospitality industry. From the reservations and booking process to check-in and check-out to increasing customer retention and improving sales, there are virtually endless use cases for machine learning and GenAI.
On August 28, 2023, the US Securities and Exchange Commission (SEC) charged media and entertainment company, Impact Theory, LLC, with violating the Securities Act of 1933 by making an unregistered offering of securities in the form of non-fungible tokens (NFT).
On September 1, 2023, the Centers for Medicare & Medicaid Services (CMS) issued a proposed rule titled “Minimum Staffing Standards for Long-Term Care (LTC) Facilities and Medicaid Institutional Payment Transparency Reporting.”