Business Law and Corporate Law

The SEC has voted unanimously to propose rescinding the climate-related disclosure rules adopted in March 2024, which never took effect due to immediate legal challenges and a subsequent stay. Chairman Paul Atkins emphasized that disclosure obligations should be guided by materiality and imposed only when benefits justify costs, marking a significant shift in the Commission's approach to climate-related reporting requirements.

On May 29, 2026, the Securities and Exchange Commission (SEC) proposed to rescind in its entirety the climate-related disclosure regime adopted in March 2024.

The Securities and Exchange Commission has unveiled two sweeping proposals that would fundamentally reshape how public companies access capital markets and fulfill reporting obligations.

Michael Clear and Kenley Stark explore the intricate legal, financial, and logistical challenges that art collectors encounter throughout the entire lifecycle of ownership. From acquisition documentation and title verification to insurance, storage, and eventual transfer, they reveal the sophisticated planning required to protect both the artwork and the collector's investment.

New York State has enacted a controversial annual surcharge on high-value residential properties in New York City that do not serve as primary residences, targeting owners of second homes...

Fiduciaries administering estates with revocable trusts face critical income tax decisions that can significantly impact asset availability and tax obligations.

Foley & Lardner hosted Professor Kenji Yoshino for a firmwide virtual program examining critical Supreme Court cases addressing voting rights, birthright citizenship, tariff powers...

Federal contractors face a major compliance shift as Executive Order 14398 and FAR 52.222-90 expand enforcement beyond traditional affirmative action to encompass anti-discrimination, merit-based employment systems, and potential False Claims Act exposure. Employment practices are now procurement-sensitive compliance matters requiring audit-ready systems and objective decision-making standards.

On May 29, 2026, Governor Abigail Spanberger vetoed Virginia’s closely watched class action legislation, preserving Virginia’s status as one of only two states in the country (the other one being Mississippi)...

Transferring residential property to a limited liability company involves more than simple paperwork and requires careful consideration of multiple legal and financial implications.

On May 29, 2026, the Securities and Exchange Commission (SEC) proposed to rescind in its entirety the climate-related disclosure regime adopted in March 2024.

The US Department of Justice Antitrust Division is intensifying its focus on procurement-related antitrust violations, particularly bid rigging and collusive conduct in government contracting. Through its Procurement Collusion Strike Force and new whistleblower programs, the DOJ is accelerating enforcement efforts across multiple industries, signaling that government contractors should reassess their antitrust compliance frameworks and competitive bidding practices.