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As we approach Inauguration Day on January 20, 2025, one question among anti-corruption practitioners is how the Trump administration will handle enforcement of the Foreign Corrupt Practices Act (“FCPA”).

In 2020, President-elect Donald Trump promised to ensure that “America’s most critical infrastructure projects” would not be “tied up and bogged down by an outrageously slow and burdensome federal approval process.” Much of the frustration with the federal approval process is directed at real-world implementation of the National Environmental Policy Act (“NEPA”) and its associated regulations.

On December 16, 2024, the California Air Resources Board (“CARB”) released a notice soliciting comments on a number of specific questions to inform its implementation of the Climate Corporate Data Accountability Act (“CCDAA” or “SB 253”) and the Climate-Related Financial Risk Act (“CRFRA” or “SB 261”) (the “Notice”).

Lawmakers have been making their lists and checking them twice, and soon we will find out who’s been naughty or nice.

On December 12, 2024, the Federal Trade Commission (“FTC”) filed a lawsuit against Southern Glazer’s Wine and Spirits, the largest distributor of wine and spirits in the U.S., alleging that Southern Glazer’s has violated the Robinson-Patman Act (“RPA”) and FTC Act through pricing practices that FTC claims discriminate against small and independent retailers.

In this article published in Environmental Finance, Andrew Nealon, Afzaal Abidi, Joshua Hayes, Alex Lee, and Anuja Venkataramani* examine the UK’s efforts to establish a sustainable aviation fuel (SAF) industry.

Tax Partner Jenny Speck is speaking at Strafford’s live video CLE program on a panel titled "Section 45Q Tax Credit for Carbon Utilization: New IRS Guidance on Life Cycle Analysis Reports and Procedures".

Rami Rashmawi will be moderating the ABA Antitrust Law Section's live virtual panel on "Emerging Policy and Legal Issues at the Intersection of AI & Privacy".

On December 11, 2024, the Federal Trade Commission (“FTC”) and Department of Justice Antitrust Division (“DOJ”) jointly issued a statement withdrawing their Antitrust Guidelines for Collaborations Among Competitors (the “Collaboration Guidelines,” available via this link).

On December 11, 2024, in a 9-8 ruling along party lines, the U.S. Court of Appeals for the Fifth Circuit (the “Fifth Circuit”) struck down the Nasdaq board diversity rules issued by the U.S. Securities and Exchange Commission (“SEC”) in August 2021 (the “Rules”), holding that the SEC exceeded its authority in issuing the Rules.

Partner Kathy Pakenham will moderate a panel titled “Welcome to the New Era of Tax Enforcement Relating to Partnerships and the Economic Substance Doctrine”

The International Court of Justice has been asked to issue an advisory opinion on this question, and is currently hearing submissions from States, NGOs and international organisations.