News

Maryland Enacts Law Exempting Passive Trusts from Mortgage and Installment Loan Licensing Requirements

By EsqSocial Corporation 28/04/25

In January 2025, the Maryland Office of Financial Regulation (the “OFR”) issued a guidance stating that assignees of residential mortgage loans, including certain passive trusts, were required to hold a Maryland mortgage lender license and, in certain circumstances, an installment loan license.

McDermott+ Check-Up: April 25, 2025

By EsqSocial Corporation 28/04/25

HELP Committee Releases 340B Report. Health, Education, Labor, and Pensions (HELP) Chair Cassidy (R-LA) released findings from his investigation and laid out potential reforms to the 340B Drug Pricing Program....

Potential Improvements for CRA (Part 4b of 4)

By EsqSocial Corporation 28/04/25

In the first 3 articles in this series (1, 2, 3), we identified fatal flaws in the 2023 CRA rule. In Parts 4a – 4c we propose the regulators consider potential improvements to the rule when they publish the Notice of Proposed Rulemaking regarding the repeal of the 2023 CRA rule....

59 partners leave A&O Shearman outside Asia since decision to trim 10% of equity partnership

By EsqSocial Corporation 28/04/25

New Executive Order Limits EEOC Enforcement

By EsqSocial Corporation 28/04/25

On April 23, 2025, President Trump signed an Executive Order instructing federal agencies to “deprioritize” enforcement of disparate-impact discrimination claims (the “EO”)....
By: Saul Ewing LLP

Insurance case is ‘but a speck in the recesses of interstellar space,’ high-profile appeals judge writes

By EsqSocial Corporation 28/04/25

Does Employer Disparate Impact Liability Still Exist? The Latest EO Pushes to Eliminate It

By EsqSocial Corporation 28/04/25

President Donald Trump issued the “Restoring Equality of Opportunity and Meritocracy” executive order (EO) on April 23, 2025.

UK Serious Fraud Office Issues New Guidance on Corporate Cooperation and Enforcement

By EsqSocial Corporation 28/04/25

On 24 April 2025, the UK’s Serious Fraud Office (SFO) published new guidance for companies on cooperation and enforcement in relation to corporate criminal offending (Guidance).

U.S. Still Leads in Attracting International Talent — But For How Long?

By EsqSocial Corporation 28/04/25

The United States continues to be a magnet for international students, especially in science and engineering graduate programs, but its dominance is no longer a given. According to a new report from the Association of American Universities (AAU), although U.S.

New Case May Test the UK Bribery Act's 'Adequate Procedures' Defence

By EsqSocial Corporation 28/04/25

On 17 April, the UK’s Serious Fraud Office (SFO) charged a UK-based insurance company, United Insurance Brokers Limited (UIB) with ‘failure to prevent bribery’ in connection with its international reinsurance activity in Ecuador, under section 7 of the UK’s Bribery Act 2010 (UKBA)....

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