A private letter ruling request is a request to the IRS by a taxpayer (an individual, business, or other entity) requesting the IRS to address, in writing, a specific tax situation that applies to the...
The ever-growing number of environmental laws has significantly affected real estate acquisitions. Nearly every purchase agreement will contain environmental representations and warranties, with the seller...
Environmental, social, and governance (ESG) remains an area of intense focus for private fund sponsors, private fund investors, and government regulators. Despite certain regulatory and political headwinds...
Representations and warranties insurance (also referred to as reps and warranties insurance, RWI, or R&W insurance) is designed specifically to cover losses resulting from unknown breaches for all...
Understand the role of ADR mechanisms in drug, medical device, biologics, and other life sciences agreements. Read now » Related Content Life Sciences Due Diligence Considerations in M&A...
On March 25, 2022, U.S. President Joe Biden and European Commission (EC) President Ursula von der Leyen announced their agreement in principle to replace the invalidated framework for EU-US data transfers known as the Privacy Shield. Meanwhile, Austrian privacy activist Max Schrems, who led the Privacy Shield takedown, warned that insufficient material changes were made to U.S. law to make the new framework successful. For now, the EC has issued guidance on using Standard Contractual Clauses (SCCs) to comply with EU General Data Protection Regulation (GDPR) data transfer requirements.
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