Business Law and Corporate Law

The AI Act and GDPR share fundamental regulatory philosophies—risk-based frameworks, accountability principles, and transparency requirements—yet they diverge in critical ways that demand careful navigation.

The SEC's Division of Corporation Finance has extended no-action relief for Israeli foreign private issuers and their directors and officers struggling to meet Section 16(a) beneficial ownership reporting requirements amid the ongoing Middle East conflict. This extension, now running until May 29, 2026, addresses the practical challenges of compliance in a volatile military environment where access to essential services and infrastructure remains disrupted.

Private markets and closed-end interval funds have seen significant expansion, with the SEC's Investor Advisory Committee endorsing registered interval funds as an optimal vehicle for retail investors seeking private market exposure.

President Trump's April 2026 proclamation imposes tariffs up to 100% on patented pharmaceutical products under Section 232, citing national security concerns over US reliance on foreign drug sources.

The FDA has sent reminder letters to over 2,200 drug, biologic, and medical device companies regarding potential failures to publish required clinical trial results on ClinicalTrials.gov.

A company’s data—commercial, operational, and personal—is often among its most valuable assets. It may include, for example, customer and sales data, billing and payment information, employee and HR records...

Last week we wrote about how attorney-client privilege can be lost in domestic M&A when brokers, consultants, and other non-legal advisors are pulled into legal communications.

Today let's talk about the attorney-client privilege, how important that safeguard is in M&A transactions, and how not to mess it up.

In an opinion addressing an issue of first impression, a federal judge ruled last week in United States v. Heppner ...by the attorney-client privilege or the work product doctrine

The OFAC 50 Percent Rule is a foundational doctrine of U.S. sanctions enforcement. It provides that any entity owned, directly or indirectly, 50 percent or more in the aggregate by one or more blocked persons is itself treated as a blocked person. Even if the entity does not appear on the SDN List.

Proskauer's Boston office hosted an intimate cocktail reception for its in-house private capital alumni, bringing together former attorneys now working across various private capital sectors. The gathering provided a platform for professional dialogue on industry trends and personal reconnection, while reinforcing the firm's commitment to maintaining meaningful relationships with its alumni network.

The U.S. Bank acquisition continued where 2025 left off with 33 transactions announced in Q1 totaling $15.7 billion in total deal value.