Key Takeaways - In October 2024, SCOTUS granted review of Cunningham v. Cornell University to provide guidance on certain pleading standards in ERISA litigation claims, with oral arguments scheduled for January 2025....
INTRODUCTION - On 28 October 2024, the Financial Services and Treasury Bureau ("FSTB") of Hong Kong issued a policy statement on the responsible application of artificial intelligence ("AI") in the financial market ("Policy Statement")1.
In November 2023, the United Kingdom (“UK”) and 47 other jurisdictions agreed to implement the Organisation for Economic Co-operation and Development (“OECD”) Crypto-asset Reporting Framework (“CARF”) into domestic law....
New York law generally enforces a contractual suit limitation that specifies a “reasonable” period of time (usually shorter than the applicable statute of limitations) within which an action must be commenced.
Many consumers consider a company’s environmental impact before making a purchase, driving the need for sustainable business practices. Embracing sustainability not only meets consumer demand but also presents various legal considerations and opportunities....
Financial firms are required to maintain clear internal dispute resolution (IDR) processes to allow customers to seek redress where they are dissatisfied with the firm’s products or services. Access to fair, timely and effective IDR is an important tenet of consumer protection.
We frequently see a partner’s “fiduciary duties” expressed as the union of the duty of loyalty and the duty of care. The duty of loyalty requires fiduciaries to avoid elevating the interests of any other person or entity (including their own) above the interests entrusted to their care. The dut
Enacted in August 2022, the Inflation Reduction Act (the “IRA”) expanded energy tax credits by increasing credit amounts across the board and broadening eligibility criteria to include new technologies....
