Worldwide: Corporate/Commercial Law

McDermott Will & Schulte’s Family Office Symposium 2026 brought together more than 425 single-family office executives and industry leaders for insightful conversations, shared perspectives, and meaningful connections.

Nonprofit organizations face increased federal investigative scrutiny and must develop incident-response plans to protect themselves when law enforcement agents arrive with search warrants or subpoenas.

When a public charity is formed, the focus is often on the organization’s purpose, the application for 501(c)(3) tax-exempt status, and board structure. Another decision is just as important: whether the corporation...

The Department of War has issued an Advance Notice of Proposed Rulemaking establishing a framework to prohibit acquisition of printed circuit boards from North Korea, China, Russia, and Iran in defense contracts. The notice clarifies definitions, waiver processes, and compliance obligations while seeking industry input on implementation challenges before the January 1, 2027 effective date.

House lawmakers have reached a bipartisan agreement on the revised KIDS Act, consolidating 14 pending legislative proposals into comprehensive children's online safety legislation. The bill addresses digital privacy for minors, addictive design features, and AI-powered chatbots, but faces immediate opposition from Senate sponsors over the absence of a duty of care requirement. Will this omnibus approach succeed where previous attempts have failed, or will constitutional concerns and Senate objections derail

On June 30, 2026, the U.S. Supreme Court issued its decision in National Republican Senatorial Committee v. Federal Election Commission, holding that the Federal Election Campaign Act’s (FECA) limits on coordinated...

On June 30, 2026, the Division of Corporation Finance (the Division) of the U.S. Securities and Exchange Commission (the SEC) issued an exemptive order (the Order), effective immediately, that materially broadens...

The SEC's Division of Corporation Finance has issued a new exemptive order that significantly expands the framework for abbreviated tender and exchange offers for non-convertible debt securities, moving beyond the constraints of its 2015 guidance. This order introduces greater flexibility by permitting partial offers, consent solicitations, and broader investor participation while streamlining procedural requirements. Companies and their advisers now have access to five-day offering periods for a meaningful

A&O Shearman's Texas-based securities litigation team examines the evolving landscape of federal securities litigation in the Fifth Circuit during Q2 2026. The quarterly report analyzes new class action filings, settlements, trial developments, and significant pleading stage opinions affecting public companies and financial institutions operating in the region.

Two federal appellate courts reached opposite conclusions when reviewing the same change-in-control severance plan's discretionary authority clause, with the Fifth Circuit applying deferential abuse of discretion review while the Tenth Circuit used de novo review. The divergent outcomes highlight critical considerations for employers drafting severance plans and seeking to ensure maximum judicial deference to administrator decisions.

Regulation S-K governs the narrative disclosure requirements for SEC filings, covering everything from business descriptions and risk factors to MD&A and executive compensation.

As public scrutiny and threats against corporate leaders intensify, more companies are investing in comprehensive security packages for senior executives.