S&C Tax Co-Heads Isaac Wheeler and Davis Wang, along with Tax Counsel Bella Schapiro and Special Counsel Aharon Friedman, discuss the background, process and tax implications of The One Big Beautiful ...

Congress slowly processes appropriations bills to fund the government, including Executive Branch tax functions.

On July 9, 2025, the Commodity Futures Trading Commission’s Division of Enforcement (“DOE”) issued a Staff Advisory in furtherance of Executive Order 14294, Fighting Overcriminalization in Federal ...

The United States Attorney’s Office for the District of South Carolina filed a qui tam intervenor complaint under the False Claims Act alleging that a South Carolina office furniture company, Global ...

NEW YORK (APRIL 23, 2025) – Sullivan & Cromwell announced today that Lawrence Elbaum and Patrick Gadson, two preeminent shareholder activism lawyers, will join the firm April 29 as partners in its New ...

In the first-ever victory on price impact in the Sixth Circuit, Rocket Companies; its majority shareholder, Rock Holdings; their former CEO Jay Farner; and their Founder and Chairman Dan Gilbert ...

Stablecoin Legislation Senate Banking Committee Approves the GENIUS Act, Which Would Establish a Federal Regulatory Framework for Stablecoins that Contemplates Substantial Scope for State-Only ...

An increasing number of states have enacted or are considering enacting legislation requiring financial institutions to provide customers “fair access” to financial services.

On August 9, 2023, the Equal Employment Opportunity Commission (“EEOC”) announced the settlement of the agency’s first lawsuit involving the alleged discriminatory use of artificial intelligence (“AI” ...

On November 26, Mr. Justice Hildyard of the High Court of England & Wales sanctioned the restructuring plans of Ambatovy Minerals Société Anonyme and Dynatec Madagascar Société Anonyme under Part 26A ...

On June 17, 2025, the U.S. Senate passed, by a vote of 68 to 30, the “Guiding and Establishing National Innovation for U.S. Stablecoins Act” or “GENIUS Act.” The GENIUS Act would establish a federal ...

LONDON (JUNE 16, 2025) – Sullivan & Cromwell LLP announced today that Barnabas Reynolds is joining the firm as a partner in its London office. Mr. Reynolds has decades of experience advising financial ...