Schiff Hardin LLP served as counsel to the underwriter for Aditxt, Inc.’s $17.4 million public offering of common stock and warrants, which closed Dec. 6, 2021.
Schiff Hardin LLP advised Consolidated Communications Holdings, Inc., a leading broadband and business communications provider, on the second stage of the investment from Searchlight Capital Partners, L.P. in an amount of $75 million.
The EDPB releases guidelines to clarify a simple but surprisingly confusing question, “What is a data transfer under the GDPR?” In light of the new guidelines, businesses should review potential transfer activities and ensure that the proper transfer mechanisms are in place.
On December 6, 2021, New York City Mayor Bill De Blasio announced a new COVID-19 vaccine mandate for all private-sector employers who employ one or more employees in New York City.
Schiff Hardin LLP served as underwriter’s counsel for Canna-Global Acquisition Corp.’s initial public offering of $200 million, which closed on Dec. 2, 2021.
Illinois lawyers in all practice areas can benefit from a basic understanding of federal and state environmental laws to help identify environmental obligations and address the concerns of the clients they serve.
The scope of the federal Clean Water Act (CWA) is in flux yet again. Recently, in Pasqua Yaqui Tribe v. EPA, the U.S. District Court for the District of Arizona vacated and remanded a Trump-era regulation that defined the scope of many CWA programs.
The Departments of Health and Human Services, Labor, and Treasury, and the Office of Personnel Management issued this Fall their second long-awaited interim final rule implementing the federal No Surprises Act (the “Act”), titled “Requirements Related to Surprise Billing; Part II.” As the end of the
This week, FDA published a draft guidance on the use of registries to support regulatory decision-making, titled “Real-World Data: Assessing Registries to Support Regulatory Decision-Making or Drug and Biological Products.”
On November 17, 2021, the Department of Defense (DoD) published an advanced notice of proposed rulemaking in connection with announced changes to the Cybersecurity Maturity Model Certification (CMMC) for the defense industrial base, styled “CMMC 2.0.”
The concept of materiality is critical in criminal fraud and false statement cases, as well as civil fraud cases, because it is what distinguishes harmless misrepresentations from consequential ones.
Schiff Hardin LLP advised the placement agents for Biofrontera Inc.’s $15 million private placement with a single institutional investor for the purchase of 2,857,143 shares of its common stock (or common stock equivalents in lieu thereof) and warrants to purchase up to an aggregate of 2,857,143 shares of common stock.
On November 16, Illinois enacted the Reimagining Electric Vehicles Act (REV Act) which states that its purposes include “reduc[ing] carbon emissions, creat[ing] new good-paying jobs, and generat[ing] long-term economic investment in the Illinois business economy.”
On November 18, 2021, just a few days before the Omicron variant suddenly revealed itself to the world, the preliminary results of two Phase III clinical trials were announced by AstraZeneca, bringing new hope to high-risk populations.
According to government regulators across the globe, everyone should have been acting to slow USDLIBOR use for the next six weeks. Except, of course, for the next six weeks…
The Centers for Medicare & Medicaid Services (CMS) calendar year 2022 rule finalizing changes to payment policies under the Physician Fee Schedule (PFS) and Medicare Part B (the Final Rule) was published on November 19, 2021. The Final Rule takes effect January 1, 2022.