This roundup summarizes the major cases and initiatives pursued by the New York State Attorney General's Office since August 2021.
Client Alert | November 15, 2022
New York partner Mylan Denerstein was named to City & State New York’s 2022 The Power of Diversity: Women 100, recognizing “New York’s most influential female leaders.”
Firm News | November 15, 2022
Gibson, Dunn & Crutcher LLP is pleased to announce that Daniel P. Smith has joined the firm’s Washington, D.C. office as an of counsel.
Press Releases | November 10, 2022
Gibson Dunn lawyers discuss what party and committee leadership will potentially look like in the 118th Congress.
Client Alert | November 9, 2022
In its 2022 D.C. Litigation Department of the Year contest, The National Law Journal named Gibson Dunn as the winner in the Labor & Employment category.
Firm News | October 21, 2022
Washington, D.C. partner Roscoe Jones, Jr. was appointed to the Lawyers’ Committee for Civil Rights Under Law Executive Committee and will serve as Board Secretary.
Firm News | September 9, 2022
On August 7, 2022, the Senate voted 51-50 to pass the Inflation Reduction Act of 2022, which broadly addresses climate change, taxes, health care, and inflation. The action sends the measure to the House of Representatives for a vote as early as Friday of this week.
Client Alert | August 10, 2022
On July 27, 2022, Senator Joe Manchin (D-West Virginia) and Senator Majority Leader Chuck Schumer (D-New York) announced an agreement on a reconciliation package entitled the Inflation Reduction Act of 2022 to address climate change, taxes, health care, and inflation.
Client Alert | July 29, 2022
Washington, D.C. partner Roscoe Jones, Jr. was elected as a member of The American Law Institute, which “drafts, discusses, revises, and publishes Restatements of the Law, Model Codes, and Principles of Law.”
Firm News | July 25, 2022
Crain’s New York Business named New York partner Mylan Denerstein to its 2022 Notable Diverse Leaders in Law list, which honors attorneys who “excel in their practice at New York’s leading law firms across a range of specialties” and “demonstrate a commitment to community service, philanthropy, professional mentorship, and diversity, equity and inclusion initiatives.”
Firm News | July 11, 2022
The addition of Commissioner Alvaro Bedoya establishes the first Democratic majority at the FTC since Commissioner Rohit Chopra left the agency. This alert addresses key issues that may see more activity in light of the new Democratic majority.
Client Alert | May 16, 2022
On April 25, 2022, the Consumer Financial Protection Bureau announced that it will begin relying upon a “largely unused legal provision” of the Dodd-Frank Act to supervise nonbank financial companies that purportedly pose risks to consumers.
Client Alert | May 5, 2022
On March 9, 2022, President Biden signed a long-awaited Executive Order regarding the U.S. government’s strategy for digital assets. Our lawyers review the three principal takeaways from the Executive Order.
Client Alert | March 10, 2022
New York partners Mylan Denerstein and Randy Mastro were named to City & State New York’s 2022 Law Power 100, recognizing “the legal professionals who aren’t simply influential in their field, but powerful in New York’s governmental landscape.”
Firm News | March 7, 2022
Crain’s New York Business named New York partner Mylan Denerstein to its 2022 Notable Black Leaders list, which honors “talented and accomplished Black individuals whose professional and communal achievements enhance New York City and the lives of its inhabitants.”
Firm News | February 23, 2022
Washington, D.C. counsel Roscoe Jones, Jr. was named to The National Black Lawyers Top 100 Black Lawyers, “an honor given to only a select group of lawyers for their superior skills and qualifications in the field.”
Firm News | December 13, 2021
Washington, D.C. counsel Roscoe Jones, Jr. received the Brooks Burdette “Rising Impact” New Board Member Award by the Lawyers’ Committee for Civil Rights Under Law because he “has distinguished himself through pro bono efforts on critical policy matters in 2021,” including his work for Kristen Clarke’s nomination to serve as Assistant Attorney General for Civil Rights and for the George Floyd Justice in Policing Act.
Firm News | December 9, 2021
On November 15, 2021, President Biden signed into law the “Infrastructure Investment and Jobs Act,” which adds new reporting requirements for certain cryptocurrency transactions that have little to do with infrastructure, but could have potentially dramatic implications for millions of United States businesses and consumers who have embraced cryptocurrency for its efficiency, transparency, and accessibility.
Client Alert | November 18, 2021
New York partner Mylan Denerstein was named to City & State New York’s 2021 The Power of Diversity: Women 100, recognizing “the prominent women wielding power across New York state.”
Firm News | November 9, 2021
Gibson, Dunn & Crutcher LLP is pleased to announce that the firm has elected 27 new partners, effective January 1, 2022.
Press Releases | November 4, 2021
The New York State Department of Financial Services is the state’s primary regulator of financial institutions and activity, with jurisdiction over approximately 1,400 financial institutions and 1,800 insurance companies. In this webcast, a panel of Gibson Dunn lawyers discusses not only changes to the agency’s leadership and organizational structure, but also recent developments with respect to the agency’s guidance, regulations, and enforcement matters.
Webcasts | October 25, 2021
If enacted into law in its current form, the Build Back Better Act would substantially extend and expand available clean energy tax incentives, including the investment tax credit (“ITC”), the production tax credit (“PTC”), and the carbon capture and sequestration credit. Gibson Dunn lawyers examine the current state of the proposed legislation.
Client Alert | October 13, 2021
On September 23, 2021, President Joseph Biden announced his intention to nominate Professor Saule Omarova of Cornell Law School to be the next Comptroller of the Currency. This alert touches on the key themes of her academic writings and addresses how these themes could translate into regulatory priorities at the OCC and FDIC.
Client Alert | September 27, 2021
On March 31, 2021, President Biden unveiled the American Jobs Plan (“Jobs Plan”), a sweeping $2.25 trillion proposal designed to create jobs through upgrading public infrastructure, revitalizing manufacturing, prioritizing workforce training, and expanding long-term health care services.
Client Alert | June 15, 2021
On June 3, 2021, the United States Court of Appeals for the Second Circuit issued an important decision dismissing a lawsuit by the New York State Department of Financial Services, which was challenging the authority of the federal Office of the Comptroller of the Currency to grant special purpose national bank charters.
Client Alert | June 7, 2021
The New York State Legislature, as part of its annual revenue bill, has authorized mobile sports wagering in New York, and the Governor is expected to sign that bill momentarily.
Client Alert | April 13, 2021
On February 4, 2021, Senator Amy Klobuchar (D-MN) introduced S. 225, the Competition and Antitrust Law Enforcement Act, a comprehensive legislative effort to revamp current antitrust laws and strengthen enforcement. On March 11, 2021, as the Chair of the Senate Antitrust Subcommittee, Senator Klobuchar gaveled in the first of likely many hearings on antitrust policy in the 117th Congress.
Client Alert | March 22, 2021
New York partners Mylan Denerstein and Randy Mastro were named to City & State New York’s 2021 Law Power 100, recognizing those who are “having an impact in New York’s political and government spheres.” The list was published on March 15, 2021.
Firm News | March 16, 2021
On January 27, 2021, Climate Day, President Biden issued two Executive Orders and a Memorandum addressing the “climate crisis” and scientific integrity, which include a moratorium on new oil and gas lease permits on federal lands and waters.
Client Alert | February 9, 2021
The New York State Department of Financial Services (“DFS”) is the state’s primary regulator of financial institutions and activity, with jurisdiction over approximately 1,500 financial institutions and 1,800 insurance companies. Gibson Dunn lawyers summarize recent key developments regarding the agency.
Client Alert | February 2, 2021
In this webcast, a panel of Gibson Dunn lawyers explores the policy agenda of the Biden Administration and the legislative agenda of the 117th Congress, and how both could impact the private sector.
Webcasts | January 22, 2021
In early January 2021, the Small Business Administration (SBA) issued two interim final rules incorporating changes to the Paycheck Protection Program (PPP) prescribed by the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act. Gibson Dunn lawyers discuss the key provisions of the interim final rules.
Client Alert | January 14, 2021
Washington, D.C. counsel Roscoe Jones Jr., New York partner Joel Cohen, Washington, D.C. partner Michael Bopp, New York partner Arthur Long, Washington, D.C. partner Jeffrey Steiner, Washington, D.C. associate Samantha Ostrom, Orange County associate Maggie Zhang and San Francisco associate Alexandra Farmer are the authors of "Financial Policy in the Incoming Biden Administration: What Can We Expect?" published by Wall Street Lawyer in its December 2020 issue.
Article | January 8, 2021
On December 21, 2020, Congress passed a massive $2.3 trillion, 5,593-page, bicameral and bipartisan year-end legislation package to fund the government and provide long-delayed coronavirus relief.
Client Alert | December 23, 2020
Following the U.S. election of 2020, this webcast explores the agenda and policy goals of the Administration and Congress in 2021 that could impact the private sector. The webcast discusses the upcoming Washington agenda, potential roadblocks, and how the process may play out.
Webcasts | December 2, 2020
Gibson Dunn earned 13 practice area rankings in the 2021 edition of The Legal 500 UK. Four partners were named to Legal 500’s Hall of Fame, recognizing individuals who receive consistent feedback from their clients for continued excellence, and four other partners were named Leading Lawyers in their respective practices.
Firm News | October 5, 2020
In this one-hour webcast, three experienced Gibson Dunn practitioners explain key developments at the New York State Department of Financial Services as of July 2020.
Webcasts | July 9, 2020
Best Lawyers in France 2021 recognized 17 Gibson Dunn attorneys and named Gibson Dunn the Insolvency and Reorganization Law “Law Firm of the Year.”
Firm News | June 25, 2020
On June 17, 2020, New York Governor Andrew Cuomo announced that New York City and Long Island will proceed to the next phase of the State’s reopening process.
Client Alert | June 18, 2020
On June 8, 2020, the Federal Reserve announced revisions to the three Main Street lending facilities it is creating under the CARES Act.
Client Alert | June 9, 2020
On June 5, 2020, the President signed into law H.R. 7010, the Paycheck Protection Program Flexibility Act of 2020 (“PPP Flexibility Act”), which relaxes a number of requirements of and restrictions on the Paycheck Protection Program (“PPP”) established by the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) and clarified by subsequent guidance from the Small Business Administration (“SBA”) and the U.S. Department of the Treasury.[i] The bill passed the House by a vote of 417-1 and the Senate by voice vote, reflecting the strong bipartisan support behind the legislation. Below is a summary of the major changes to the PPP instituted by the PPP Flexibility Act.
Client Alert | June 8, 2020
On May 28, 2020, the New York State Legislature fast-tracked a set of bills providing accommodations for renters and property owners affected by COVID-19.
Client Alert | June 2, 2020
New York partner Mylan Denerstein was named to City & State New York’s 2020 Albany Power 100 list, recognizing the “power structure in Albany” and the “ebbs and flows in political influence.” The list was published on June 1, 2020.
Firm News | June 1, 2020
On May 27, 2020, the Federal Reserve Bank of Boston released additional information on the three lending facilities the Federal Reserve is creating under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act).
Client Alert | June 1, 2020
On May 19, 2020, President Trump signed an executive order entitled “Regulatory Relief to Support Economic Recovery," which seeks “to combat the economic consequences of COVID-19.” The Order instructs agencies to “rescind[], modify[], waiv[e], or provid[e] exemptions from regulations and other requirements that may inhibit economic recovery.”
Client Alert | May 20, 2020
On May 15, 2020, the U.S. Small Business Administration (SBA) released the much anticipated loan forgiveness application for loans issued under the Paycheck Protection Program (PPP).
Client Alert | May 18, 2020
On May 7, 2020, New York Governor Andrew Cuomo announced that the state’s moratorium on residential and commercial COVID-19-related evictions will be extended through August 20 and that new rent relief measures will be imposed.
Client Alert | May 7, 2020
The Federal Reserve issued revised guidance on May 4, 2020, with respect to the Primary Market Corporate Credit Facility (PMCCF) and noted that it expects the PMCCF to be operational sometime in early May 2020.
Client Alert | May 5, 2020
The COVID-19 pandemic has resulted in unprecedented governmental actions at the federal, state, and local levels. Those actions have raised substantial constitutional questions.
Client Alert | May 1, 2020
On April 9, 2020, we published an alert on the Board of Governors of the Federal Reserve System’s (“Federal Reserve”) announcement that it was creating two loan facilities, the Main Street New Loan Facility (“MSNLF”) and the Main Street Expanded Loan Facility (“MSELF”), pursuant to the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”).
Client Alert | May 1, 2020