Rescissions rescissions -
Congressional focus this week is on the rescissions package and appropriations. The rescissions bill has a July 18 deadline to reach the president’s desk for signature.
The bill is pending in the…
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/ Administrative Law, Elections & Politics, Health
Policy uncertainty and market disruption: Panelists expressed concerns over proposed legislative changes, such as the begin of construction cliff and tax credit phase-downs, which could jeopardize over $300 billion in clean…
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/ Energy & Utilities, Finance & Banking, Mergers & Acquisitions
As explained in our recent client alert, states and localities are, for the time being, free to legislate the use of artificial intelligence (AI) tools after the US Senate voted to remove language from President Donald Trump’s…
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/ Labor & Employment Law, Privacy, Science, Computers, & Technology
The One Big Beautiful Bill Act (OBBBA) significantly modified the Qualified Opportunity Zone (QOZ) program via a set of comprehensive reforms aimed at improving accountability, long-term impact, and geographic equity. The new…
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/ Real Estate - Commercial, Taxation, Zoning, Planning & Land Use
On July 4, 2025, President Trump signed the One Big Beautiful Bill Act (OBBBA), the most significant US tax overhaul since the 2017 Tax Cuts and Jobs Act (TCJA). The OBBBA includes critical changes impacting family offices,…
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/ Business Organizations, Taxation, Wills, Trusts, & Estate Planning
THIS WEEK’S DOSE -
- President Trumps signs OBBBA into law. After months of debate, Congress passed and President Trump signed H.R. 1, the One Big Beautiful Bill Act (OBBBA), into law on July 4, 2025.
- Senate HELP Committee…
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/ Administrative Law, Health, Immigration Law
The recently passed One Big Beautiful Bill Act (OBBBA) makes significant and immediate changes to the tax rules surrounding qualified small business stock (QSBS) under Section 1202 of the Internal Revenue Code. These rules have…
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/ Business Organizations, Mergers & Acquisitions, Taxation
Many healthcare programs are extended for specific time periods, as short as one or two years or as long as 10, and are usually attached to a larger piece of must-pass legislation. Additionally, while traditional authorizations…
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/ Health
What is your favorite part of practicing healthcare law at McDermott?
Healthcare is a complicated, heavily regulated industry. Government is also the primary payor in the industry. As a result, lawyers with deep knowledge and…
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/ Administrative Law, Health, Law Practice Products & Services
The last week of June was a busy one when it comes to news about prior authorization – a major tool used by health plans and the federal government to manage healthcare utilization. The week started with a commitment from major…
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/ Administrative Law, Health, Science, Computers, & Technology
On June 26, 2025, the US Securities and Exchange Commission (SEC) hosted a roundtable attended by issuers, institutional investors, third-party advisors, and industry groups to discuss potential updates to current executive…
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/ Administrative Law, Business Organizations, Securities Law
The Supreme Court of the United States has agreed to review whether an internet service provider (ISP) can be liable for copyright infringement for providing an internet connection that leads to piracy. Cox Communications, Inc…
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/ Administrative Law, Art, Entertainment, & Sports Law, Intellectual Property
In a decision that underscores the primacy of prosecution history to determine claim scope, the US Court of Appeals for the Federal Circuit reversed the Patent Trial & Appeal Board’s interpretation of the transitional phrase…
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/ Administrative Law, Health, Intellectual Property, Science, Computers, & Technology
2025 has been a busy year for new state legislation on employee restrictive covenant agreements, particularly in the healthcare sector. While several states have pushed forward new legislation restricting employee restrictive…
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/ Commercial Law & Contracts, Health, Labor & Employment Law
Find this week’s updates on 340B litigation to help you stay in the know on how 340B cases are developing across the country. Each week we comb through the dockets of more than 50 340B cases to provide you with a quick summary…
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/ Administrative Law, Commercial Law & Contracts, Health, Science, Computers, & Technology