To print this article, all you need is to be registered or login on Mondaq.com. Due Diligence (‘DD’), in simple terms, is a comprehensive audit of a corporate entity conducted in relation to a transaction to assess risks and confirm facts. It involves an in-depth investigation of the company’s documents, including financial and legal…
Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Faced with intensifying financial challenges, Eastern Nazarene College in Massachusetts is moving to close permanently after a vote by its board, according to a Tuesday announcement. The private Christian nonprofit has forged teach-out agreements with…
* Law students: Wanna make a quick $1500? Beta test the new bar exam! [Reuters] * U.S. Consumer Product Safety Commission rules that Amazon is liable for third-party products. Don’t worry, Bezos is a couple free RVs away from fixing that in the post-Chevron world. [Law360] * Speaking of the uncertainty unnecessarily thrust upon the…
10 May 2024 Sheppard Mullin Richter & Hampton To print this article, all you need is to be registered or login on Mondaq.com. On March 28, the Federal Reserve (Fed) issued a cease-and-desist order to a Wyoming-based bank holding company, citing deficiencies identified in a September 2023 inspection related to its…
On June 21, the Supreme Court decided a highly-anticipated Second Amendment case. In United States v. Rahimi, 602 U.S. __ (2024), the Court considered a facial challenge to 18 U.S.C. § 922(g)(8), which makes it a felony for people subject to certain domestic violence protective orders to possess firearms. Rahimi was the Court’s first opportunity…
Published: 5/23/2024 Reading Time: 2 minutes May is Asian American, Native Hawaiian and Pacific Islander (AAPI) Heritage Month. This annual month-long event celebrates the vast and diverse achievements of Americans of Asian, Native Hawaiian and Pacific Islander descent. To celebrate AAPI Heritage Month, we’re highlighting a just few of many Asian-Americans, Native Hawaiians and Pacific…
The Defence Amendment (Safeguarding Australia’s Military Secrets) Act 2024 (Cth) (SAMS Act) commenced on 6 May 2024 and is aimed at ensuring Australia’s military secrets are not passed on to foreign militaries Overview of the SAMS Act The SAMS Act’s primary purpose is to protect Australia’s military techniques, tactics and procedures. It takes a prescriptive…
The Biden-Harris Administration has announced the approval of $7.7 billion for borrowers receiving Public Service Loan Forgiveness (PSLF), those who signed up for Saving on a Valuable Education (SAVE) Plan, and those receiving forgiveness on income-driven repayment (IDR) due to fixes made by the administration. James KvaalThe U.S. Department of Education also announced an update…
Ed. note: Welcome to our daily feature, Quote of the Day. I would like CMS to be one of what I think will be a small number of truly global firms. I think there are lots of international firms and many firms who describe themselves as global, but they tend to be based in the…
Judge Kathryn Mizelle learned a lot while clerking for Clarence Thomas, including, apparently, her mentor’s fondness for taking luxury gifts from dark money outlets with vested interests in the cases you’re deciding. The same week we learned that Thomas hoovered up millions in gifts, it turns out his erstwhile clerk — appointed to the bench…