News

On January 7, 2021, the U.S. Treasury Department and the Internal Revenue Service released final regulations under Section 1061 of the Internal Revenue Code of 1986, as amended (“the Code”).

The Situation: Australia has become a hot spot for class actions fueled in large part by litigation funders, who have operated for many years in a largely unregulated market and have derived spectacular returns from their investment―in some cases, more than 500%.

A growing number of cases in which private parties are seeking enforcement of very large arbitration awards are percolating through the U.S. courts.

Approximately 10 months after New York state enacted a law providing paid leave for New York workers who have been quarantined or isolated as a result of COVID-19 (COVID-19 Sick Leave), the New York State Department of Labor issued new guidance that significantly expands on employers’ obligations

COVID-19 Rates on Apparent Downward Trajectory - On January 21, 2021, the Los Angeles County Department of Public Health (LADPH) noted that for the past weeks, the seven-day average number of cases was 10,560, a decrease of 30%. New cases were down 7% since Thursday, January 14, 2021.

Supreme Court denies leave in infliximab patent infringement action - On January 8, 2021, the Supreme Court of Canada denied leave to Janssen and Kennedy Trust (Docket No.

This is Part I of a two-part memorandum series outlining key considerations from White & Case’s Public Company Advisory Group for US public companies during the 2021 annual reporting and proxy season.

Last Friday, on January 22 — less than three months after voters approved Proposition 207 legalizing recreational marijuana — the Arizona Department of Health Services (“ADHS”) opened the state to recreational cannabis sales.

Mexican President Andrés Manuel López Obrador just signed into effect an amendment to Federal Labor Law that radically reforms its teleworking provisions – among other things, it will require employers to enter into written contracts with each remote worker on its workforce.

Despite unprecedented disruptions to the court system from the COVID-19 pandemic, plaintiffs continued to bring securities class actions at elevated levels in 2020 — a sign that filings will remain high in the year ahead.

Pages