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The climate change landscape for insurers has changed dramatically this past month. There are multiple developments insurers should keep in mind – and...

Many alcohol beverage industry clients are faced with lawsuits attacking product labels. These lawsuits can be frustrating for clients, particularly...

The US Court of Appeals for the Federal Circuit affirmed a district court’s decision to correct inventorship in a post-issuance inventorship dispute,...

On April 4, 2024, the White House activated a much-anticipated program meant to catalyze private investment in clean technology across the United...

Following the UK Government’s 6 March announcement of tax reforms for the current “non-dom” tax regimes, the opposition Labour party has begun to outline how its plans would differ if they win the next UK general election. In a series of interviews on 9 April, Rachel Reeves, the shadow Chancellor of the Exchequer, indicated that Labour would not allow individuals to benefit from inheritance tax protection by establishing excluded property trusts before 6 April 2025. This may mean an earlier cut-off point for when such trusts could be effectively created, or may mean the removal of inheritance tax protections for all such trusts already established. That said, neither of the two main UK parties have set out in detail how they envisage moving inheritance tax from a domicile-based test to a residence-based one. This remains an area of considerable uncertainty.

Addressing copyright fair use in the wake of the Supreme Court’s recent guidance in Warhol, the US Court of Appeals for the Tenth Circuit partially reversed the district court’s grant of summary judgment in favor of the defendants. The Tenth Circuit held that the first fair use factor (the purpose and character of the use) weighed in favor of the plaintiffs and remanded for further consideration of the accused infringing work’s effect on the potential market for the copyrighted work. Whyte Monkee Productions, LLC; Timothy Sepi v. Netflix, Inc.; Royal Goode Productions, LLC, Case No. 22-6068 (10th Cir. Mar. 27, 2024) ( Holmes, C.J.; Hartz, Carson, JJ.)

There have been 44 initial public offerings (IPOs) listed on the US stock markets in 2024 thus far, many of which continue to trade at a premium to their initial offering price, demonstrating the strength and buoyancy of current public markets. Concurrent with the capital markets regaining momentum, 2024 to date has shown robust merger and acquisition (M&A) activity, with notable growth of close to 11% in life sciences M&A activity compared to 2023. These developments are in line with the macro trends of lower inflation, wage stabilization and the potential promise of lower interest rates later in the year and continued strong sectoral interest in life sciences opportunities. Whether you have been waiting for improved market conditions to realize liquidity or are seeing firmer indicators of robust market performance for the rest of the year, now is the time to dust off the “dual-track manual” and take stock of the best course to supercharge your exit and achieve your business growth and transformation goals.

As technology continues to advance almost every aspect of healthcare, so the use of AI has become an increasing focus for developers and the regulators who are racing to keep pace with rapid advancements in technology.

Join us for the next webinar in our Enforcement Outlook series, which will focus on the latest trends and hot topics surrounding the False Claims Act...

Join us for our newest webinar series, Energy Transition & Infrastructure Private Credit. Over the course of the series, hear from McDermott lawyers...