All Perspectives

“Kid-friendly.” “Reef-friendly.” “Earth-friendly.” “Pet-friendly.” There’s no shortage of products that are marketed as being “-friendly.”

ArentFox Schiff is pleased to announce that Firmwide Managing Partner Brian Waldman and Partner Caroline Turner English have been named to the BTI Client Service All-Stars 2024, independently researched, client-driven ranking of attorney client service.

In Connelly v. US, 602 US ___ (6/6/2024), the US Supreme Court affirmed a decision of the US Court of Appeals for the Eighth Circuit in favor of the government concerning the estate tax treatment of life insurance proceeds.

Welcome to the June 2024 issue of “As the (Customs and Trade) World Turns,” our monthly newsletter where we compile essential updates from the customs and trade world over the past month.

In the latest installment of Five Questions, Five Answers, host Birgit Matthiesen is joined by International Trade & Investment Partner Leah Scarpelli to discuss the recent developments in US-China tariffs, specifically the Section 301 tariffs.

Headlines that Matter for Companies and Executives in Regulated Industries

The US Securities and Exchange Commission (SEC) recently released two new sources of guidance for the Marketing Rule.

Companies subject to the requirements of the Modernization of Cosmetics Regulation Act of 2022 (MoCRA) should take note that the deadline to register cosmetic facilities and list cosmetic products is fast approaching on July 1, 2024.

Three US agencies – the US Department of Commerce, Bureau of Industry and Security (BIS), the US Department of the Treasury, Office of Foreign Assets Control (OFAC), and the US Department of State – took new actions on June 11.

Partner Thomas Abendroth gave a webinar presentation on behalf of the Northwestern University Alumni Relations and Development Office on June 13, 2024.

Join ArentFox Schiff Partners Stephanie Trunk, a recognized authority in government pricing and compliance, and Jacques Smith, a leading health care litigator with extensive experience guiding life science companies through government inquiries, as they share key insights and aim to equip participants with the knowledge to effectively manage due diligence in life science mergers and acquisitions.

On April 20, New York Governor Kathy Hochul signed the state’s Budget for the fiscal year 2025. This budget includes a new provision for paid prenatal personal leave, which is an amendment to Section 196-b of the New York Labor Law, also known as the New York State Paid Sick Leave Law.

On May 13, the US Securities and Exchange Commission (SEC) and the US Department of the Treasury’s (USDT) Financial Crimes Enforcement Network (FinCEN) jointly released a notice of proposed rulemaking (NPRM) which, if adopted, would require SEC-registered investment advisers (RIAs) and exempt reporting advisers (ERAs) to establish policies and procedures to verify the identities of their customers.

Under current US Food and Drug Administration (FDA) guidance, sexually active gay and bisexual men are prohibited from anonymously donating sperm.

On May 30, the US Supreme Court, in National Rifle Ass’n of Am. v. Vullo, 602 US __ (2024), unanimously held that the National Rifle Association (NRA) plausibly alleged in a complaint that it filed in federal court that former Superintendent Maria Vullo of the New York State Department of Financial Services (DFS) violated the First Amendment of the US Constitution by coercing regulated entities to terminate their business relationships with the NRA in order to punish or suppress gun-promotion advocacy.

Health Care Practice Leader Douglas A. Grimm was quoted on the Federal Trade Commission’s (FTC) rejected bid to block a proposed merger between two North Carolina hospitals.

ArentFox Schiff is pleased to announce the addition of 17 attorneys and specialists, including eight partners and three counsel, to its Boston office, expanding the firm’s nationally recognized Technology, Life Sciences, Intellectual Property, and Complex Litigation services.

On June 5, the US Court of Appeals for the Fifth Circuit vacated a US Securities and Exchange Commission (SEC) Rule designed to provide investors in private funds — such as private equity, private credit, hedge funds, venture capital, and real estate.

Partner Reed Freeman will present a keynote session at the Email Innovations World 2024 Conference in Phoenix, AZ on June 7, 2024.

Two years after declaring a national emergency and instructing the US Department of Commerce (Commerce) to pause the imposition of AD/CVD duties applicable to certain imports of crystalline silicon photovoltaic solar cells and modules from four countries in Southeast Asia, President Joe Biden announced on May 14 that his administration is ending the so-called “solar bridge” created through Presidential Proclamation 10414.

Headlines that Matter for Companies and Executives in Regulated Industries

Aymium, a leading producer of renewable biocarbon products, announced that it closed $210 million of financing to construct a biocarbon production facility in Williams, California.

Trade Secrets, Noncompetes & Employee Mobility Practice Co-Leader Linda M. Jackson was quoted on the trade secrets risks facing employers from large-scale employee movement and with the impending Federal Trade Commission rule banning most noncompetes.

Have you recently visited a plaintiff lawyer’s website? If so, then you may be entitled to compensation under the most contrived California Invasion of Privacy Act (CIPA) theory yet.

Fredrick Weber will speak at the National Capital Gift Planning Council’s Annual Planned Giving Day Conference at the American University Washington College of Law on June 6, 2024.