London, UK – Geoffrey Wynne, partner and head of Sullivan's Trade & Export Finance Group, worked with an ITFA working group headed by Paul Coles, chair of its Market Practice Committee, to develop a Short Term SWIFT Financial…
more
/ Commercial Law & Contracts, Finance & Banking, International Law & Trade, Science, Computers, & Technology
The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) announced, on March 21, 2025, that it issued an interim final rule that removes the requirements for U.S. companies and U.S. persons to report…
more
/ Administrative Law, Business Organizations, Finance & Banking
On March 11, 2025, the Massachusetts Supreme Judicial Court (the “SJC”) issued a decision concluding that once a losing party satisfies a judgment in full, postjudgment interest stops running even if the losing party then…
more
/ Civil Procedure, Civil Remedies, Commercial Law & Contracts
On March 3, 2025, the U.S. Securities and Exchange Commission (SEC) announced expanded accommodations for issuers submitting draft registration statements for nonpublic review. These enhancements are intended to facilitate…
more
/ Business Organizations, Finance & Banking, Mergers & Acquisitions, Securities Law
Making Sense of Canada, Mexico Tariffs in the Art Market -
On March 4, 2025, the White House officially announced the commencement of supplemental 25% ad valorem tariffs on products from Mexico and Canada above the existing…
more
/ Antitrust & Trade Regulation, Art, Entertainment, & Sports Law, International Law & Trade
The SEC’s Division of Corporation Finance recently published a new Compliance and Disclosure Interpretation (CD&I) 103.12 regarding shareholders’ engagement with issuers’ management in the context of eligibility to report on…
more
/ Business Organizations, Finance & Banking, Mergers & Acquisitions, Securities Law
In January 2025, the Securities and Exchange Commission (SEC) approved rule changes proposed by the New York Stock Exchange (NYSE) and NYSE American that impact companies utilizing reverse stock splits to regain compliance with…
more
/ Business Organizations, Finance & Banking, Securities Law
The enforcement of the Corporate Transparency Act (CTA) and related regulations, including the requirement that entities formed or registered in the United States file a Beneficial Ownership Information Report (BOIR), is back in…
more
/ Administrative Law, Business Organizations, Finance & Banking
The Securities and Exchange Commission (SEC) recently approved rule changes proposed by The Nasdaq Stock Market LLC that impact companies utilizing reverse stock splits to regain compliance with Nasdaq’s minimum bid-price…
more
/ Business Organizations, Finance & Banking, Securities Law
An Act Relative to Salary Range Transparency, which has multiple requirements for employers, is bringing significant changes to Massachusetts job markets. Larger employers have an upcoming reporting deadline on February 3, and…
more
/ Administrative Law, Civil Remedies, Labor & Employment Law
In response to global uncertainty the Bank of England’s Prudential Regulation Authority (PRA) has further delayed the implementation of the Basel 3.1 standards in the UK to 1 January 2027. This delay comes just four months after…
more
/ Antitrust & Trade Regulation, Finance & Banking, International Law & Trade
The United States Patent and Trademark Office (“USPTO”) has announced increases and adjustments of certain trademark official fees, effective January 18, 2025. These changes follow a year-long comprehensive review process and…
more
/ Intellectual Property
Late on December 26, 2024, the U.S. Court of Appeals for the Fifth Circuit reversed its own decision from earlier in the week, reinstating the nationwide preliminary injunction preventing the enforcement of the Corporate…
more
/ Administrative Law, Business Organizations, Commercial Law & Contracts, Finance & Banking
Earlier this month, we reported that the United States District Court for the Eastern District of Texas issued a nationwide preliminary injunction prohibiting the enforcement of the Corporate Transparency Act (CTA) and related…
more
/ Administrative Law, Business Organizations, Commercial Law & Contracts, Finance & Banking
Yesterday, the U.S. Court of Appeals for the Fifth Circuit vacated the SEC’s approval of Nasdaq’s board diversity disclosure rules. While the SEC has not yet indicated if it will appeal,..…
more
/ Administrative Law, Business Organizations, Securities Law