Federal funding lapse could slow filings and hearings as US courts shift schedules and staffing.
By Nicholas J. Boyle, Roberto J. Borgert, and Katherine Griffitts
As of October 20, 2025, the federal judiciary’s funding lapse is now disrupting
As the shutdown continues, taxpayers should expect longer wait times and ramifications for the 2026 filing season.
On October 8, 2025, the IRS began furloughing staff as well as closing most operations due to the ongoing government
OCC Bulletins 2025-22 and 2025-23 clarify the agency’s approach to evaluating banks’ compliance with fair banking practices and protecting customers’ financial records.
By Betty M. Huber, Arthur S. Long, Parag Patel, Pia Naib, Ed Reynolds,
This measure significantly expands the scope of Entity List and Military End-User List restrictions, imposing heightened diligence obligations and complicating EAR compliance.
By Les P. Carnegie, Damara L. Chambers, Charles Claypoole, Andrew P. Galdes, Robert Price
The shutdown’s effect on federal court proceedings is in flux. For now, most litigants should expect business as usual in the nation’s courthouses, at least in private civil matters.
By Nicholas J. Boyle, Roberto J. Borgert, and Katherine
The SEC is soliciting comments on whether the current framework for asset-backed securities registration and reporting is serving the needs of today’s securitization market.
By Matt Hays and Rolaine Soril Bancroft
Key Points:
With the government shutdown in effect, many federal agencies are operating with limited staff, leading to delays in regulatory approvals, permits, and federal contracts.
By Erin Brown Jones, Amanda P. Reeves, and Cory Tull
As of October 1,
Regulators are directed to avoid reputation risk, identify banks that have engaged in unlawful debanking, and take appropriate remedial actions.
By Marc P. Berger, Betty M. Huber, Arthur S. Long, Benjamin Naftalis, Parag Patel, Stephen
The Act makes permanent many expiring TCJA provisions and changes key features of US tax law applicable to businesses and investments.
On July 4, 2025, President Trump signed into law H.R. 1, known as the One Big Beautiful Bill Act
The guidance reflects a key step in the administration’s broader strategy to root out DEI efforts in the private sector.
By Danielle Conley, Danielle J. McCall, Anne W. Robinson, Jude Volek, Rhea Marie Fernandes, and Catherine
