Last week, the White House and CMS announced a set of new administrative actions to further the Administration’s anti-fraud mission, including in particular CMS’s CRUSH (Comprehensive Regulations to Uncover Suspicious Healthcare) initiative, announced earlier this year. At a May 13,
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Sidley Austin LLP is a global law firm that publishes detailed legal analysis and commentary primarily focused on corporate governance, securities litigation, regulatory compliance, and related litigation matters. Its blog content often covers court decisions, regulatory developments, and best practices affecting corporate charters, bylaws, and compliance risks. The firm provides insights into jurisdictional issues, whistleblower implications, and evolving regulatory frameworks impacting financial institutions, pharmaceutical pricing, and digital regulations. Sidley Austin's publications serve legal professionals and corporate clients seeking updates and expert perspectives on complex legal and regulatory challenges.
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Court of Chancery Rejects Fiduciary Duty and Veil-Piercing Theories in Crypto Case
Earlier this year, the Delaware Court of Chancery dismissed a suit brought by Hash Asset Management, Limited (“Hash”) arising from a failed cryptocurrency investment involving DMA Labs, Inc. (“DMA”), ICHI Foundation, and several individuals allegedly affiliated with those entities. Hash…
Tariff Enforcement at the Forefront: Importer Agrees to Pay $549.5 million in Largest-Ever Trade-Related False Claims Act Settlement
On May 12, 2026, the U.S. Department of Justice (“DOJ”) announced a $549.5 million settlement with Perfectus Aluminum Acquisitions LLC (“Perfectus Aluminum”) and four affiliated warehousing companies (collectively, “the Warehouses”) to resolve allegations that they violated the False Claims Act…
When “The Devil Made Me Do It” Is Not a Defense: Lessons in AI Governance and Organizational Oversight from an SDNY Decision
As companies increasingly integrate generative and agentic AI into core business functions, a May 7, 2026 decision from the United States District Court for the Southern District of New York1 highlights several fundamental guardrails for corporate legal and compliance departments to…
EU Pharma Package: Compromise Text Published – Best Efforts Required (Part 2)
After a 10-year process, the compromise text of the new EU General Pharmaceutical Legislation (GPL or Pharma Package) has been published and will soon become law. This blog post discusses the 10 most important changes for company pipelines, transition mechanisms,…
D.C. Council Proposes a Costly Path for Autonomous Vehicles in the Nation’s Capital
On May 1, three members of the D.C. Council introduced a new bill, titled the Autonomous Vehicle Deployment Authorization Amendment Act of 2026, that would create a pathway for the deployment of autonomous vehicles (AVs) in the District of…
Scientific Research and the GDPR: EDPB Issues Long-Awaited Guidelines
On 15 April 2026, the European Data Protection Board (“EDPB”) published its long-awaited draft Guidelines 1/2026 on the processing of personal data for scientific research purposes (the “Guidelines”), marking the most comprehensive regulatory statement to date on how the GDPR…
Texas Corporate Litigation Reforms Take Hold: Federal Court Enforces Texas’s 3% Ownership Requirement for Derivative Claims
Last summer, the Texas legislature enacted sweeping amendments to the Texas Business Organizations Code (TBOC) with the stated purpose of “modernizing” the code and “clarifying and strengthening” the state’s corporate law framework. See our previous post for an overview of…
NHTSA Issues the First Defect Recall Order in Decades
On April 29, 2026, the National Highway Traffic Safety Administration (NHTSA) took a rare step: It issued a final decision ordering a recall of vehicle equipment—in this case, air bag inflators manufactured in China that allegedly caused numerous deaths and…
California Finalizes a New Regulatory Regime for Testing and Deploying Autonomous Vehicles
On April 28, the California Department of Motor Vehicles released the finalized version of the state’s new autonomous vehicle regulations. More than a year in development and shaped by extensive public debate, these rules carry significant implications for companies that…