FTC Plans Vote on Rule Barring Non-Competes
The Federal Trade Commission announced that it will vote on whether to issue a final rule barring most non-compete agreements with employees. The vote is scheduled for a special FTC…
SEC Climate-Related Disclosure Rules Are Put on Ice
As we previously reported, in 2022 the US Securities and Exchange Commission (the “SEC”) proposed rules to require issuers to provide information about climate-related risks and metrics in registration statements…
New York City Considers Non-Compete Bans and Limits
In the wake of New York Governor Kathy Hochul’s veto of state legislation that would have banned virtually all non-compete agreements in New York State, the New York City Council…
New York City Planning Commission Approves Rules to “Fast Track” Environmentally Friendly Housing Development
On March 20, 2024, the New York City Planning Commission (“CPC”) approved the Green Fast Track for Housing Program. These are rules that would expedite approval of small to medium-sized…
Significant Developments in Private Fund Adviser Regulation 2023
During the last year, there were SEC regulatory developments affecting our private fund adviser clients and their counsel. We have set forth below summaries of the following developments that took…
NYC Gives Employees a Private Right of Action for Violations of Earned Safe and Sick Leave
The pace of earned safe and sick leave (ESSL) legislation at the New York State and City levels has been breathtaking. In the latest development, the City has amended New…
Part I: Regulation of Virtual Assets and Virtual Asset Service Providers
This series of publications on Virtual Asset Service Providers (VASPs) is an expansive endeavor aimed at demystifying the complex regulatory environment that governs VASPs in the United States. Our insights…
Significant Case Law Developments For M&A Practitioners in 2023
In 2023, there were a number of court cases that are significant for M&A practitioners. We have set forth below summaries of the following developments that took place during the…
New York Non-Profit Revitalization Act
* Originally published 24 January 2014 * For updates on NPRA view “Further Changes to the New York Not-for-Profit Corporation Law: 2015 and 2016 Amendments.” Governor Andrew Cuomo signed the…
Local Law 97: What NYC building owners and operators need to know now that the law’s first compliance period (2024-2029) has begun
This advisory provides a short refresher on New York’s Local Law 97, the City’s climate law that aims to reduce greenhouse gas (GHG) emissions of about 50,000 of the City’s…