Client Alert - Gibson Dunn

Client Alert

DEI Task Force Update (June 19, 2024)

Our DEI Task Force provides an update on key developments, media coverage and commentary, and current litigation.

June 19, 2024

Annual ERISA Litigation Review and Outlook – 2024

Gibson Dunn's ERISA litigation update summarizes key legal opinions and developments during the past year to assist plan sponsors and administrators navigating the rapidly changing ERISA litigation landscape.  

June 18, 2024

California Supreme Court Holds That An Insured Can Access Its First-Level Excess Policy After Exhausting Only The Underlying Primary Insurance For That Policy Period

The California Supreme Court held that the standard language in commercial general liability policies allows an insured to access its excess insurance policy after exhausting its underlying primary insurance for the same policy period, not all primary insurance issued during the continuous period of injury.

June 18, 2024

IRS and Treasury Issue Guidance on Related-Party Basis Adjustments

This alert describes the IRS’s recent focus on partnerships, provides background on basis adjustments under subchapter K, and discusses the Related-Party Basis Adjustment Guidance issued earlier today.

June 17, 2024

U.S. Department of Treasury Releases Joint Policy Statement and Principles on Voluntary Carbon Markets

The Policy Statement asserts that “the U.S. Government is playing an increasingly important role in carbon credit markets” and serves to “codify the U.S. Government’s approach to advance high-integrity voluntary carbon markets.”

June 17, 2024

Derivatives, Legislative and Regulatory Weekly Update (June 17, 2024)

Gibson Dunn's lawyers bring you the latest in U.S. derivatives news from the past week.

June 17, 2024

Supreme Court Upholds Prohibition On Registration Of Trademarks That Incorporate Personal Names Without Consent

Today, the Supreme Court held that the Lanham Act’s prohibition on registration of trademarks that include a living person’s name without that person’s consent does not violate the First Amendment.

June 13, 2024

Supreme Court Rejects Lower Standard For Preliminary Injunctions Sought By The National Labor Relations Board

The Supreme Court held 8-1 today that when the National Labor Relations Board seeks a preliminary injunction in court, it must satisfy the same traditional and demanding standard as any other litigant.

June 13, 2024

The International Tribunal for the Law of the Sea’s Advisory Opinion on Climate Change and Its Implications

Gibson Dunn discusses the background of the Opinion, the key findings and our main takeaways for both States and private actors, including the potential influence of the Opinion on future climate change litigation.

June 13, 2024

IRS and Treasury Issue Proposed Regulations on Tech-Neutral Tax Credits for Clean Energy Projects

The Proposed Regulations generally would apply to projects placed in service after December 31, 2024, once final regulations are published in the Federal Register.  

June 12, 2024

International Comparative Legal Guide to: Anti-Money Laundering 2024

Gibson, Dunn & Crutcher LLP announces release of the International Comparative Legal Guide to: Anti-Money Laundering 2024.

June 11, 2024

Gibson Dunn Environmental, Social and Governance Update (May 2024)

We are pleased to provide you with Gibson Dunn’s ESG update covering the following key developments during May 2024.

June 11, 2024

Derivatives, Legislative and Regulatory Weekly Update (June 7, 2024)

Gibson Dunn's lawyers bring you the latest in U.S. derivatives news from the past week.

June 7, 2024

Federal Circuit Update (May 2024)

This edition of Gibson Dunn’s Federal Circuit Update for May 2024 summarizes the current status of a new petition pending before the Supreme Court, a Federal Circuit en banc decision regarding the obviousness inquiry for design patents, and recent Federal Circuit decisions concerning standing, finality, personal jurisdiction, printed matter doctrine, and interferences under the pre-AIA statute.

June 7, 2024

Recent SEC Enforcement Action Potential Harbinger of More Regulation Best Interest Enforcement Against Broker-Dealers

There has been a dearth of Commission enforcement actions relating to Reg BI since the rule became effective in June 2020. This action for ordinary conflict of interest concerns, and another from February, may signal a more active Reg BI enforcement regime moving forward.

June 7, 2024

Supreme Court Holds That Insurers With Financial Responsibility For Bankruptcy Claims May Be Heard In Reorganization Proceedings

Today, the Supreme Court unanimously held that an insurer with financial responsibility for bankruptcy claims is a “party in interest” under the Bankruptcy Code that has a right to participate in bankruptcy reorganization proceedings.

June 6, 2024

Supreme Court Holds That A Corporation’s Life Insurance Proceeds Used To Redeem A Decedent’s Shares Must Be Included In Federal Estate Tax Calculation

Today, the Supreme Court unanimously held that the proceeds from a life insurance policy taken out by a corporation to redeem a decedent shareholder’s stock are a corporate asset for federal estate tax purposes.

June 6, 2024

Gibson Dunn Wins Sweeping Victory in Fully Overturning SEC Private Funds Rule

We are pleased to announce that Gibson, Dunn & Crutcher LLP, on behalf of leading industry groups, has won its challenge to a rule adopted by the U.S. Securities and Exchange Commission (“SEC”) that would have fundamentally changed the way private funds and their advisers are regulated.

June 5, 2024

DEI Task Force Update (June 5, 2024)

Our DEI Task Force provides an update on key developments, media coverage and commentary, and current litigation.

June 5, 2024

Gibson Dunn Digital Assets Recent Updates – May 2024

Our digital assets update covers recent legal news regarding all types of digital assets, including cryptocurrencies, stablecoins, CBDCs, and NFTs, as well as other blockchain and Web3 technologies.

June 3, 2024