IRS Announces Intent to Partially Withdraw Previously Proposed Regulations and Provides Interim Guidance Including Revised Rules Governing Domestic Transactions, Troubled Companies and Acquiring ...

On October 24, the Federal Reserve Board released two proposals to update its supervisory stress testing framework, seeking comment on enhanced model transparency, disclosure processes, and proposed ...

On January 5, 2026, the Organisation for Economic Co-operation and Development (OECD) released administrative guidance exempting U.S.-parented companies from parts of Pillar 2.

Reporting Companies Would Be Permitted to File One Semiannual Report on Form 10-S Instead of Three Quarterly Reports on Form 10-Q ...

FDIC Releases Additional Information on Initiative to Modify the IDI Plan Rule and Publishes New Materials on Failed Bank Marketing and Sale Process ...

Sullivan & Cromwell advised Pershing Square in completing a combined initial public offering of Pershing Square USA, Ltd. (PSUS), a new closed-end investment fund registered under the Investment ...

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xAI has agreed to be acquired by SpaceX in a historic transaction that values xAI at $250 billion.

On December 5, 2025, the OCC and FDIC issued a joint statement, announcing their withdrawal from their March 2013 guidance on leveraged lending and the November 2014 frequently asked questions on ...

New York +1-212-558-4000 patelmi@sullcrom.com Breakthrough Properties in a joint venture with affiliates of The Regents of the University of California in connection with its acquisition of 6200, 6250 ...

On December 30, 2025, the OCC proposed rules affirming national banks’ authority over mortgage escrow accounts and preempting state interest-on-escrow laws.

New York +1-212-558-4000 pagnanik@sullcrom.com Keith has represented Bank of America, Barclays Capital, Brown Brothers Harriman & Co., Centerview Partners, Citigroup, Goldman Sachs & Co., Greenhill & ...