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S&C Obtains Summary Judgment for Goldman Sachs in ERISA Class Action

The Goldman Sachs 401(k) plan is one of the largest in the country, with between $6.3 billion and $7.5 billion in assets under management during the class period.

Supply chains – EU proposal to ban products tainted by forced labour

EU moves to ban products linked to forced labour, putting further spotlight on corporate supply chain, investigations and due diligence.

GCs should promote wellbeing in response to hybrid working shift

A survey conducted by the UK Office for National Statistics (ONS) earlier this year revealed that more than 80% of workers who had to work from home during the coronavirus pandemic said they planned to hybrid work.

Truss and Kwarteng drive change in UK economic policy

The chancellor has announced that the 1.25% increase to National Insurance will be reversed from 6 November and the proposed increase to corporation tax will be cancelled as anticipated.

The 'not a Budget' Budget

The Office of Tax Simplification will be closed down and its onerous mandate of simplifying the tax code passed to the Treasury and HMRC.

US DOJ Announces Major Policy Updates on Individual Accountability, Recidivism, Monitorships, and Corporate Culture

The DOJ will place the greatest weight on prior US criminal resolutions, according comparatively less weight to domestic civil and regulatory matters and any foreign matters.

Bermuda Insurance Code of Conduct

The key areas of change in the Revised Code include governance, outsourcing, business continuity, and disaster recovery and risk management.

UK government introduces Bill to repeal retained EU law en masse

The Bill will also make it easier for ministers in the UK government and the devolved administrations to amend and replace retained EU law by secondary legislation

Singapore: SAL and SVCA launch Venture Capital Investment Model Agreements (VIMA) 2.0

As part of the working group, Joel collaborated with key organizations and experts in preparation of the suite of agreements.

DLA Piper advises Citizens in the signing of a Corporate Power Purchase Agreement

The Sunflower Wind Project is a 200-Megawatt (MW) wind generation facility in Marion County, Kansas.

Hogan Lovells comments on new Consumer Duty rules and guidance

Implementation of the Consumer Duty is not just a question of making uplifts to existing arrangements: this is a cultural shift to the way firms operate, from the development of propositions through to servicing customers.

Fidelis extends ESG underwriting guidelines

Fidelis also stopped providing direct insurance for thermal coal plants, projects and infrastructure in 2020, but with the latest guidelines the restrictions around fossil fuels have been expanded.

Stephenson Harwood launches latest in series of people-focused policies

The newest of these policies enhance the firm's global offering to parents and carers, and those on their pathway to parenthood.

SEAR and the Individual Accountability Landscape: The Central Bank (Individual Accountability Framework) Bill 2022

Once enacted, which might be as soon as Q4 2022, the IAF Bill will introduce significant changes to the regulation and supervision of regulated financial service providers

Snapshot: Section 175 of the BVI Business Companies Act

An example of this wide ranging power is that, subject to a company's memorandum and articles of association (M&A), directors can generally approve the sale of assets by a BVI company without the need for member approval.

Firms must be FCA’s ‘eyes and ears’ in fight against financial crime

Firms should continue to refresh awareness training across their workforces

When dynasties crumble: how to (re)build your family

Having access to advice around the clock is pivotal in these situations, to ensure matters are dealt with in a timely manner and to put a stop to any untoward actions by disgruntled family members.

The Benefits of Independent Liquidations in the Netherlands

Without the formal appointment of a liquidator in the Netherlands, a company will enter the Turbo Liquidation process, which is similar to a 'strike-off' in other jurisdictions, raising potential personal liability issues for directors.

People central to future of real estate

But while many aspects of our working habits have been forced to change and evolve into a ‘new normal’, one truism endures – that people remain central to the future of the real estate industry.

President Biden Signs Executive Order Directing CFIUS to Focus on Specific National Security Risks

For the first time since the Committee on Foreign Investment in the United States began reviewing foreign acquisitions of US businesses in 1988, under its authority to review and block such transactions if they threaten to impair US national security

Government Regulation