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The Highs and Lows of Psychedelic Therapy: Navigating Legal Complexities

In recent years, psychedelics have been gaining popularity when it comes to treating an array of mental health issues. With its promising medical and therapeutic benefits, psychedelic-assisted psychotherapy (PAP) is generating significant interest among policymakers, medical professionals, and the public. As it provides an alternative treatment for refractory mental health concerns, several cities in the U.S are starting to decriminalize some psychedelics. However, the Food and Drug Administration’s (FDA) approval for psychedelic treatment is still tough. As legal challenges and the upswing of studies in this field are likely to emerge, companies and practitioners must stay in the loop. In [...]

Spotlighting Key Issues in Asbestos Litigation

On March 29, 2022, the United States Senate passed Resolution 561 which aims to educate the general public about the prevalence of asbestos-related diseases and the risks of asbestos exposure. To this day, it remains heavily monitored by US regulators and many corporations face a difficult road ahead in dealing with various complex asbestos issues. The continuously increasing number of asbestos personal-injury lawsuits remains a challenge for insurance companies, corporations, and legal practitioners. Likewise, proving or defending against an asbestos exposure claim is a complex and arduous process. Thus, litigation professionals must keep themselves abreast of key tools and strategies [...]

Federal Income Tax Update: Tracking Significant Changes

Several significant changes continue to shape federal income tax regulation. In addition to the widened tax bracket and the increase in charitable giving deductions, notable developments in this area of law include the amendments on some key provisions under the Tax Cuts and Jobs Act (TCJA) and the expansion of the Child Tax Credit.

Mental Health and Wellness for Lawyers: Diversifying and Scaling Up Care Options

The high level of stress and heavy workloads in the legal industry are drastically impacting the mental health of legal professionals. While the alarming rise in the number of affected lawyers has sparked preventive measures to nurture their mental health, other issues like stigma and fear of the negative implications on their careers are what hold lawyers back from speaking up. Thus, fostering awareness of the mental health challenges facing the profession and highlighting solutions are critical in upholding a meaningful workplace culture and work-life balance among lawyers.

Securities Class Actions in the Crypto Space: Crucial Developments

Heightened regulatory scrutiny and continued volatility in the digital asset market have led to a significant uptick in the number of securities class action suits involving cryptocurrencies. With emerging court decisions and litigation and enforcement challenges on the horizon, practitioners and companies must keep track of current and future developments in the cryptocurrency space to understand how to navigate this complex and evolving landscape.

Skinny-Labeling in Hatch-Waxman Litigations: The Law in Flux?

The Hatch-Waxman Act was originally designed to spur pharmaceutical innovation and increase consumer access to affordable drugs. However, given the complex nature of this law, several regulatory and patent issues have come to light, including the use of carved-out labels, or “skinny labels,” by generic drug manufacturers. However, skinny labels could potentially induce infringement. Thus, the need for pharmaceutical companies to keep track of emerging issues and recent court rulings surrounding this evolving legal climate remains paramount. Listen as a panel of key thought leaders and practitioners organized by The Knowledge Group provide the audience with an in-depth look at [...]

Child Abuse and Neglect: Ethical and Responsible Reporting Guidelines

Protecting children from all forms of harm is a critical moral obligation shared by all members of society, but more so for people in positions of authority. For this purpose, state and federal laws require certain professionals, such as teachers, healthcare workers, lawyers, and other practitioners, to report any signs or suspicions of child abuse and neglect. However, mandated reporters face various ethical and legal challenges arising from issues of confidentiality and informed consent, as well as penalties for false reports and non-compliance. Hence, to mitigate potential risks, staying informed of the current guidelines in reporting child maltreatment is of [...]

The Rise of Quantum Computing: Protecting Quantum Innovations with Patents

Quantum computing is starting to gain mainstream acceptance because of its capability to revolutionize our way of processing information while safeguarding critical data through quantum-safe cryptography solutions. Various businesses are now looking into the potential of quantum computing to leverage their products and services. With the promising future of this emerging technology, companies must step in and discover how to make the most out of the vast opportunities. Quantum computing is set to transform many industries, thus, companies should prepare ahead to reap its benefits. Join a panel of key thought leaders and practitioners as they offer a comprehensive discussion [...]

Transforming Businesses with Tax Automation: Effective Tools and Best Practices

Keeping pace with the ever-evolving tax rules is one of the biggest pain points for tax teams. New legislation and regulatory updates continue to emerge which pose significant compliance challenges to businesses. Failure to adapt to the shifting regulatory paradigm may compromise business operations and incur legal liabilities. This underscores the need for organizations to integrate automated sales tax compliance solutions to help them comply with the increasingly complex tax requirements. Revamping sales tax strategy is crucial in ensuring real-time product taxability, reducing pressure on tax teams, and managing tax obligations. Join a panel of key thought leaders and practitioners [...]

Calculating Patent Damages: Key Developments and Notable Cases Explored

In February 2022, the United States Court of Appeals for the Federal Circuit (CAFC) revoked the decisions on Apple Inc. v. Wi-LAN Inc. and California Inst. of Tech. v. Broadcom Ltd. due to flawed expert’s opinion. This resulted in the vacation of previous verdicts of $85 million and $1.1 billion and the remand of new trials on damages. This notable development underscores the significance of an expert’s opinion to be tethered to the facts of the case to ensure its admissibility. As these, and other notable court rulings, provide considerable implications for the calculation of patent damages moving forward, plaintiffs and practitioners alike must [...]

Chapter 11 Corporate Bankruptcy Reorganizations: Leases and Executory Contracts

A Chapter 11 bankruptcy involves numerous complex issues. One of the most complex elements of a chapter 11 bankruptcy can be the treatment of executory contracts and unexpired leases. The application of bankruptcy laws to the terms of a contract or lease can significantly alter the rights and obligations of all parties to the agreement. A thorough understanding of how bankruptcy laws intersect with contracts and leases is critical for companies considering a chapter 11 restructuring, parties to an agreement with a financially distressed counterparty, and purchasers of bankrupt businesses, among many others.

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