CMS Publishes 2022 Hospital IPPS/LTCH PPS Proposed Rule
On April 27, 2021, CMS published its annual proposed rule for the federal fiscal year 2022 inpatient prospective payment system (“IPPS”) and long ...
Corporate Criminal Liability for Corruption in Malaysia – Taking Action
Key message: Companies engaged in the Malaysian market – particularly those that participate in government contracts and tenders – should assess their potential risk exposure ...
New SACHRP Recommendations on Interactions among Sponsors, Clinical Trial Sites, and Study Subjects
The U.S. Department of Health and Human Services Secretary’s Advisory Committee on Human Research Protections (“SACHRP”) recently issued recommendations ...
The Supreme Court’s Decision in AMG Capital Management v. FTC – What Does It Mean for FDA Enforcement?
On April 22, 2021, the Supreme Court unanimously held in AMG Capital Management v. FTC that the FTC’s authority under Section 13(b ...
American Family Plan—Summary of Certain Key Tax Components
***These legal developments are still in progress. We will update this Alert as the Plan makes its way through the legislative process.*** On Wednesday April ...
New Laws Narrow the Scope of Market Exclusivity and Seek to Increase Awareness of Biosimilars
On April 23, 2021, President Biden signed into law changes related to generic drugs and biosimilars: an amendment to the Federal Food, Drug, and Cosmetic ...
Capital Insights—First 100 Days of the Biden Administration
As we hit the 100-day mark of the Biden-Harris administration, Ropes & Gray would like to share our thoughts on some of the ...
Supreme Court Holds that FTC Cannot Obtain Disgorgement or Restitution Remedies under FTC Act Section 13(b)
On Thursday, April 22, the Supreme Court released a unanimous decision holding that the Federal Trade Commission’s authority under Section 13(b) of ...
DOL Issues Interpretative Guidance on Investment Advice Prohibited Transaction Exemption (PTE 2020-02)
On April 13, 2021, the U.S. Department of Labor issued a set of previously promised FAQs addressing its new prohibited transaction exemption (PTE 2020 ...
Ropes & Gray Digital Health Download – Spring 2021 Issue
Over three months into 2021 and the pace of digital health innovation shows no signs of abating. Investments in big data platforms, such as Clayton ...
Second Circuit Tribune Decision Stands—Providing Bankruptcy Code “Safe Harbor” Protection for LBOs
In a case with wide-reaching implications for the private equity industry, the U.S. Supreme Court ended a decade-long effort by distressed debt ...
Evolution of UK Enforcement Strategies in OFSI Updated Monetary Penalty Guidance for Financial Sanctions Breaches
Giles Thomson (The Office of Financial Sanctions Implementation (OFSI), Director) wrote in the OFSI blog in February 2021 that “OFSI will continue to robustly ...
SEC Staff Issues Risk Alert on ESG Investing
On April 9, 2021, the SEC Division of Examinations (the “Division”) issued a Risk Alert “to highlight observations from recent exams of ...
PErspectives: Private Equity Industry Insights | Spring 2021
Welcome to the Spring 2021 issue of PErspectives – our periodic publication featuring news, trends and legal developments in the private equity (PE) industry ...
Ropes & Gray’s Investment Management Update February – March 2021
The following summarizes recent legal developments of note affecting the mutual fund/investment management industry: SEC Requests Comment on Potential Money Market Fund Reform Options ...
American Jobs Plan & Made in America Tax Plan—Summary of Certain Key Tax Components
***These legal developments are still in progress. We will update this Alert as the Acts makes their way through the legislative process.*** On Wednesday March ...
Supreme Court Narrows Potential Scope of the Telephone Consumer Protection Act
Thursday, in a unanimous decision, the Supreme Court narrowed the potential scope of the Telephone Consumer Protection Act (“TCPA”), which has been fertile ...
NFA to Require Asset Manager Members to Adopt Written Supervisory Framework for Third-Party Service Providers – Action Required
On March 24, 2021, the National Futures Association (“NFA”) issued a notice to members announcing the effective date of recently adopted Interpretive Notice ...
2021 Mutual Funds and Investment Management Conference
Ropes & Gray’s memorandum summarizing the 2021 Mutual Funds and Investment Management Conference sponsored by the Investment Company Institute and the Federal Bar ...
Gategroup: implications for the recognition of English restructuring processes in the EU
In June 2020, the Corporate Insolvency and Governance Act (the “CIGA”) introduced a new procedure to the restructuring toolkit in England & Wales ...
American Rescue Plan Act (ARPA) Phase 5 Stimulus Package—Highlights of Certain Key Tax-Related Provisions in ARPA
On March 11, 2021, President Biden signed into law the American Rescue Plan Act (ARPA), in furtherance of the fifth phase of the federal government ...
Dancing along the Edge: Balancing the Responsibility to Protect vs. Respect Human Rights in Challenging Environments
Click here to read the full Article. Human rights risks have become increasingly urgent priorities for businesses and investors over the past few years, and ...
American Rescue Plan Act of 2021– Summary of Key Provisions
On March 11, 2021, President Joe Biden signed the American Rescue Plan Act of 2021 (the “Act”) into law. The Act provides $1 ...
China Unveils New Medical Device Regulations
The Chinese State Council has passed new Medical Device Regulations (State Council Order #739) to replace the existing Medical Device Regulations (State Council Order #680 ...
Key Employee Benefit Provisions of the American Rescue Plan Act of 2021
The American Rescue Plan Act of 2021 (“ARPA”), the landmark $1.9 trillion legislative package that President Biden signed into law on March ...