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Bloomberg Law News
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Capital One-Discover Deal Hits Roadblock in Bank Merger Overhaul
New federal guidelines calling for stricter reviews of bank deals are likely to present fresh hurdles for Capital One Financial Corp.'s pending $35 billion acquisition of Discover Financial Services.. The tie-up, announced in February, would create the sixth-largest bank by assets and the largest credit card issuer in the US based on outstanding loans.
Trump's Push to Reshape OSHA Will Shift Litigation Landscape
Dec 18, 2024 · A coming reconfiguration of OSHA’s enforcement efforts under a second Trump administration will likely mean fewer legal challenges from industry groups to workplace safety standards but potentially more lawsuits from organized labor.
Paid Leave Laws Expand to Reflect Evolving ‘Family’ Definition
Jan 8, 2025 · State paid family and medical leave laws are set for further expansion this year as evolving family structures and social trends increasingly influence legislation and workplace policies to address the diverse caregiving needs of workers.
US Asks Supreme Court to Unblock Corporate Transparency Act
The US Department of Justice asked the US Supreme Court to halt a nationwide injunction against the Corporate Transparency Act, a move that would allow enforcement of the anti-money laundering law during an appeal.
Covid Vaccine Injury Suit May Fuel Federal Overhaul, Litigation
Nov 3, 2023 · A lawsuit by Covid-19 vaccine recipients claiming they were injured by their shots may usher in long-awaited changes to how the federal government handles immunization injuries.
KKR Spars With DOJ Over Deal Reviews in Bad Omen for PE Firms
Oct 9, 2024 · KKR & Co. and the Justice Department are sparring over a push to hold the firm’s top executives more accountable for disclosures related to takeovers, as US authorities deepen their scrutiny of the private equity industry. The high-stakes fight stems from a federal investigation into whether KKR withheld information in its filings to government agencies about …
Berry Dunn Sued Over Breach Affecting 1.1 Million People (1)
May 1, 2024 · Accounting and consulting firm Berry Dunn McNeil & Parker LLC failed to protect the personal information of 1.1 million people that was disclosed in a September 2023 data breach, a proposed federal class action says.
Senators Warn Visa, Mastercard Credit Card Practices Can’t Last
Nov 19, 2024 · Some Republican senators signaled support for a legislative effort to rein in the power Visa Inc. and Mastercard Inc. wield in the credit card market as they grilled the companies about the swipe fees they charge merchants and consumers.. The Credit Card Competition Act from Senate Judiciary Chairman Dick Durbin (D-Ill.) is unlikely to come up for a vote in the …
AI Policies Under Trump to Contrast With State Regulatory Trends
Jan 2, 2025 · Dentons attorneys Peter Stockburger, Daniel Schnapp, and Sara Gates say that innovation, competitiveness, and national security likely will be the Trump administration’s top AI priorities.