On January 1, 2026, the European Union (EU) formally launched the world’s first carbon border levy. After a transitional period of over two years and a flurry of additional legislation required to operationalize the levy in late 2025, the EU’s Carbon Border Adjustment Measure (CBAM) is now in full force.
Critics have disparaged CBAM for the costs imposed on producers outside of the EU and labelle…
Member Publications
Eligible Rollover Distribution Notices Under SECURE 2.0 - IRS Updates
In IRS Notice 2026-13, the IRS provided two safe harbor explanations that plan administrators may use to satisfy the eligible rollover distribution notice requirement under IRC Section 402(f). An eligible rollover distribution notice generally provides a written explanation to any recipient, before receiving an eligible rollover…
In one of the first major legal battles between music labels and artificial intelligence companies, major record labels Warner Music Group and Universal Music Group have surprisingly moved from suing AI music platform Udio and Sudio for copyright infringement, to partnering with the companies to create new AI-based music streaming platforms.
These labels represent some of the world’s biggest arti…
Despite the rapid expansion of state-legal cannabis markets, the constitutional limits on how states may regulate those markets remain unsettled. One of the most significant unresolved questions is whether the Dormant Commerce Clause restricts states from favoring in-state participants through residency requirements or other local-preference licensing rules.
On Friday, January 2, 2026, the U.S. C…
In several recent decisions, the Supreme Court (OGH) has made clear requirements for loan processing fees for consumer credit agreements – but advisory fees must be clearly distinguished from them.
Loan processing fees are generally permissible for consumer loans, but have been considered inadmissible by the Supreme Court in the following cases, for example:
Percentage processing fees – INEFFE…
With the end of semaglutide's exclusivity in March 2026, national companies are preparing launches to compete in a sector that already represents 4% of the Brazilian pharmaceutical market.
By – Matheus Almeida
In less than two months, in March, the patent for semaglutide, a molecule present in the Novo Nordisk medications Ozempic and Wegovy, will expire in Brazil. Experts expect that generic…
With Decree 66/025, Uruguay takes a firm step toward more secure and responsible digital risk management, requiring public organizations and strategic companies to comply with standards defined by AGESIC.
Decree No. 66/025, approved on February 20, 2025, formally establishes the role of AGESIC’s Information Security Directorate and sets out new rules that both public bodies and certain private com…
During the holiday season, the Hungarian legislation was extremely active, with several hundred pages of Hungarian Gazette publications resulting in numerous legislative amendments. In this context, in our extraordinary newsletter at the beginning of the year, we briefly summarize the changes in the fields of labour law and corporate law that have entered into force at the beginning of the year or…
As 2025 comes to a close, we reflect back on a relatively quiet quarter at the SEC and look ahead to possible regulatory reforms in the coming year. In this Snapshot, we review renewed calls to retool executive compensation disclosures, a recent Executive Order aimed at proxy advisors, and updated risk factor disclosures ahead of annual reporting season. In addition, we address updated listing sta…
Bankruptcy and IRS tax debts are deeply misunderstood topics, often surrounded by confusion and anxiety.
For individuals and businesses who know very little about these issues, it’s important to start with the basics – not all tax debts are wiped out by bankruptcy, and the rules for clearing IRS debts are complex. However, bankruptcy can provide relief, or at least breathing room, for those facin…