- news.bloomberglaw.com
Sable Operational Order Expands Trump’s Power to Sidestep States
A federal judge in California denied California’s bid to block an emergency restart order for Sable Offshore Corp.'s pipeline, ruling the Defense Production Act grants the administration broad discret…
- news.bloomberglaw.com
Skadden, Latham & Watkins Guide Retailer Shein’s Hong Kong IPO
Shein is raising up to HK$13.9 billion ($1.8 billion) in a Hong Kong IPO, valuing the company at $25.7B–$26.8B, with a debut scheduled for September 1. The IPO follows earlier failed attempts in the U…
- news.bloomberglaw.com
ABA Ends DEI Rule as Education Department Eyes Accreditation (1)
The ABA’s accreditation council voted to repeal Standard 206, a DEI rule requiring law schools to demonstrate concrete diversity and inclusion efforts. The move aims to preserve the ABA’s accreditatio…
- news.bloomberglaw.com
Bang Energy Tax Ruling Gives Shareholders Bankruptcy Leverage
A federal appeals court ruled that an S corporation tax election is not property of a bankruptcy estate, giving shareholders leverage in restructuring negotiations. The decision aligns with the Third …
- news.bloomberglaw.com
SEC Crypto Proposal to Draw Hurdles Without Legislative Backing
The SEC published a digital assets regulation proposal on Aug. 18, 2025, creating exemptions for registration requirements including a $5M startup exemption and a $75M fundraising exemption. The propo…
- news.bloomberglaw.com
RFK Jr. Moves Further Toward Loosening Federal Vaccine Advice
The U.S. Department of Health and Human Services, led by Robert F. Kennedy Jr., issued a request for information to gather public feedback on revising vaccine recommendation categories, including pote…
- news.bloomberglaw.com
Trump Administration Looks to Block ABA’s Law School Oversight
The Education Department is revoking the American Bar Association’s authority to accredit law schools after finding it out of compliance with federal regulations. The ABA’s council will vote to scrap …
- news.bloomberglaw.com
Treasury Must Keep Collecting and Preserving Business Owner Info
The US Treasury finalized a rule on August 11 exempting businesses from reporting beneficial ownership information to FinCEN and plans to delete previously collected data. This change removes a critic…
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