Perkins Coie LLP (LexBlog United States)

3520 results for Perkins Coie LLP (LexBlog United States)

  • SEC’s Climate Rule Litigation: The Zig and the Zag

    There seems to be a development in the litigation filed over the SEC’s new climate rules every few days. So we’ve spared you the daily update. But it seems to be worth blogging once that there is such a thing happening just so you have one more thing to feel like you’re missing out on....

  • The SEC’s Climate Rules: Item 1502(b)’s Material Impacts on Strategy, Business Model and Outlook

    This is the second in a series of blogs we will be posting breaking down the SEC’s new climate disclosure rules (here’s the first blog). We’re starting with Regulation S-K Item 1502, Strategy. For the full text, see pages 853 through 856 of the SEC’s adopting release. This is the section of the new rules...

  • It’s Game Time for Cannabis Reform

    March has been a big month for cannabis reform and the $40 billion state-regulated marketplace. President Biden mentioned cannabis reform and his administration’s efforts to reschedule the substance in his State of the Union address—a historic first for any U.S. president. Vice President Kamala Harris held a cannabis event in the White House, where she...

  • Federal Lawsuit Over SEC’s Climate Rules Consolidated in the 8th Circuit

    Following up on this blog about the SEC’s new climate rules being temporarily stayed by the 5th U.S. Circuit Court of Appeals last Friday, a venue has now been selected via lottery by the Judicial Panel on Multidistrict Litigation – and the outstanding federal cases have been consolidated for the Eighth Circuit to decide the...

  • The SEC’s Climate Rules: Item 1502(a)’s Climate-Related Risks

    This is the first in a series of blogs we will be posting breaking down the SEC’s new climate disclosure rules. We’re starting with Regulation S-K Item 1502, Strategy. For the full text, see pages 853 through 856 of the SEC’s adopting release. This is the section of the new rules that requires discussion of...

  • Why I Like Securities Law (Gasp)

    I didn’t start my legal career knowing I was going to be a securities lawyer. I didn’t even take “Securities Regulation” in law school. I thought I was going to be a prosecutor. Thankfully, my first firm had a policy of bringing in first-year associates unassigned so we could try out different practice areas. After...

  • The SEC’s Climate Disclosure Rules: Scope 3 Is Out—But What Is In?

    Here is our lengthy Client Update on the SEC’s new climate disclosure rules. It includes some great graphics so you can understand the rules at a glance. Check it out!

  • Yep, the SEC’s Climate Rules Are Already (Temporarily) Stayed

    On Friday, a three judge panel from the U.S. Court of Appeals for the Fifth Circuit granted a motion seeking an administrative stay of the SEC’s new climate disclosure rules filed by two fracking companies. Here are four things to know:

  • FTC Obtains $16.5M from Avast for Sale of Sensitive Data

    One month after the February 22, 2024, announcement of enforcement actions against data brokers X-Mode and InMarket Media, the Federal Trade Commission (FTC) announced a complaint and proposed consent order requiring software security company Avast Limited and two subsidiaries, Avast s.r.o. and Jumpshot, Inc. (collectively, Avast), to pay $16.5 million to resolve allegations that they...

  • The SEC’s Climate Rules: Impact on IPO Prospectuses – 6 Things to Know

    Let’s examine how the SEC’s new climate rules will impact the drafting of IPO prospectuses. Here are six things to know:

  • Kids Online Safety Act Gains Momentum in the Senate

    Last month, Senators Richard Blumenthal (D-Conn.) and Marsha Blackburn (R-Tenn.) reintroduced the Kids Online Safety Act (KOSA), initially introduced last term, noting that the bill now has 62 cosponsors, bipartisan support, and is poised to pass in the Senate. KOSA would apply to online platforms (including social media services and virtual reality environments), online video...

  • The Next Wave of Privacy Litigation: The Illinois Genetic Information Privacy Act

    Enacted in 1998, Illinois’ Genetic Information Privacy Act (GIPA) governs the confidentiality and use of genetic testing and genetic information by employers and insurers. The statute was designed to prevent employers and insurers from using genetic testing and information as a means of discrimination. To that end, GIPA prohibits employers and their agents from directly or indirectly soliciting,..

  • The SEC’s Final Climate Rules: Eight Items That Changed From the Proposal

    Understanding that many of you don’t have time during a busy proxy season to read the 886 pages of the SEC’s climate adopting release – but yet you’re fielding questions from colleagues about what’s in the new rules – here are some notable items that the SEC changed from the proposed rules:

  • Three Lawsuits Filed Against the SEC’s New Climate Rules (And Counting)

    In Friday’s blog, Allison Handy and Andrew Moore gave us five superb insights into “top of mind” topics about the SEC’s new climate rules that people are talking about. The first item was about how a coalition of 10 Republican-led states announced the filing of a lawsuit in the U.S. Court of Appeals for the...

  • Day 2 “Headlines” for the SEC’s New Climate Disclosure Rules

    We know you’re already fielding a multitude of questions about the SEC’s new climate risk disclosure rules. Yesterday we provided a high level summary of 15 things you need to know, but you also need these headlines to share with your colleagues as you pour another cup of coffee and continue making your way through...

  • The SEC Adopts a Climate Disclosure Rule: No Scope 3 Emissions Disclosure and 14 Other Things to Know

    Yesterday, the SEC adopted a final climate disclosure rule. Here’s the press release; the fact sheet – and the 886-page adopting release. Yep, 886 pages. As expected, the open Commission meeting was heated, resulting in a 3-2 vote. Statements made by the SEC Chair and the other Commissioners are available on the SEC’s website. The...

  • Five Years Later! The SEC’s Proxy Advisor Rule is Vacated

    Five years in the making! Recently, the US District Court for DC granted summary judgment and held that the SEC’s rule regarding proxy advisors should be vacated. Back in 2019, ISS filed a lawsuit against the SEC over the SEC’s interpretive guidance that vote recommendations provided by proxy advisors are considered “solicitations” under the proxy rules. The SEC...

  • Is the Cat Out of the Bag on Climate Disclosure?

    We shall see the final climate rule from the SEC tomorrow – and there surely will be much ink spilled on what will now be required (as of the compliance dates that the SEC chooses). There also will be much conjecture on the nature – and the number perhaps – of lawsuits filed challenging the...

  • 8 Things to Know Right Now

    Here’s our latest edition of our monthly feature – a quick snapshot of recent developments:

  • New Pet Food Proposal Introduced in US House

    On February 15, a bipartisan group of five Congressional Representatives introduced the Pet Food Uniform Regulatory Reform Act of 2024 (the PURR Act) in the U.S. House. Currently, the FDA’s regulation of pet foods is similar to that of other animal foods. The federal Food, Drug, and Cosmetic Act (FD&C Act) requires that all animal...

  • Court Overturns County’s Decision to Require an EIR For Lack of Substantial Evidence

    The County of San Diego planning staff found a project qualified for a CEQA exemption under Guideline 15183, which applies to projects consistent with a general plan for which an EIR had been prepared. On appeal, the Board of Supervisors reversed staff’s decision, finding an EIR was required due to environmental impacts peculiar to the...

  • March 6th: The SEC Will Consider Adopting Climate Disclosure Rule

    It’s happening! The SEC has posted this Sunshine Act notice to inform us that it will hold an open Commission meeting next Wednesday, March 6th to decide whether to adopt a final climate disclosure rule. You can attend the meeting virtually, which commences at 9:45 am eastern (although the meeting will start with consideration of...

  • What are the traits of an effective corporate secretary?

    Another in the “newbies” series: The people that wear the corporate secretary’s hat are among the most amazing people you could meet. Their wide range of skills are incredible to behold. Yet, they are among the humblest—the nicest—people around. When you look at the incredibly wide swath of things they do—the unfathomable number of hats...

  • Food & Consumer Packaged Goods Litigation – 2023 Year in Review

    Perkins Coie is pleased to announce the launch of our eighth annual Food & Consumer Packaged Goods Litigation Year in Review. Accompanying the 2023 report are infographics that highlight key litigation outcomes, filing data, and industry trends. As always, the report offers a summary of the past year’s key litigation outcomes, regulatory developments, and filing data using metrics...

  • FTC Proposes Rule Addressing Use of AI To Impersonate Individuals

    The Federal Trade Commission issued a supplemental notice of proposed rulemaking on February 15, 2024, in which it recommended a trade regulation rule that would (1) impose liability on businesses who provide goods or services (including artificial intelligence technology) with knowledge or reason to know they will be used to engage in unlawful impersonation of...

  • Top Advertising Law Trends for 2024

    With the first quarter of 2024 in full swing, it is a good time for brands to revisit marketing compliance strategies to minimize the risk of potential class actions, regulatory enforcement actions, and competitor challenges. This Update highlights hot topics in advertising law for 2024. Click here to read the full Update.

  • CCPA Enforcement Surprise: Regulations Effective Immediately

    On Friday, February 9, as the country collectively packed up and prepared to head home for Super Bowl weekend, the Third Appellate District of the California Appellate Court issued an Order granting the California Privacy Protection Agency the ability to immediately enforce regulations implementing the California Privacy Rights Act, which were finalized in March 2023....

  • Delaware Chancellor Invalidates Tesla’s Compensation Grant: 3 Lessons Learned

    In a lengthy opinion that unwound an eye-popping $55 billion compensation grant, the Delaware Court of Chancery’s Chancellor Kathaleen McCormick invalidated Tesla’s huge compensatory equity grant to Elon Musk, its Chair and CEO. We have distilled this 200-page opinion down to three practical “best practices” for directors to apply in reviewing the important – but less extraordinary...

  • A New Guide: “How to Write a Comment Letter to the SEC on a Rulemaking”

    I have put together this “How to Write a Comment Letter to the SEC on a Rulemaking” Guide. Check it out! It covers these two topics:

  • A Director Needs to Take a Leave of Absence? 5 Considerations

    Here’s a topic that hasn’t been written about – but that I hear a lot about – so you’re likely to encounter it if you do this stuff long enough. A member on your board seeks to take a prolonged leave of absence for personal or other reasons. Maybe the director has scheduled surgery and...

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