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 ...
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 ...
On December 30, 2025, the OCC proposed rules affirming national banks’ authority over mortgage escrow accounts and preempting state interest-on-escrow laws.
Tesla obtained the dismissal of two derivative actions filed in Delaware on the eve of Tesla’s redomestication from Delaware to Texas in 2024 on forum-selection grounds.
On April 7, Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell held an urgent meeting with major bank CEOs to address cybersecurity threats from Anthropic’s AI model Claude ...
On April 8, the Prince Group filed for Chapter 15 in the U.S. Bankruptcy Court for the Southern District of New York seeking recognition of insolvency proceedings in the British Virgin Islands. S&C ...
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