Bill Sponsor Noted Statutory Reporting Timeline Under SB 253 is “Holding Firm” While CARB Stated Intention to Publish “Draft Regulations” on SB 253 by the End of 2025; CARB Presented Initial Staff ...

On May 15, a five-judge panel of New York’s Appellate Division, First Judicial Department, unanimously reversed a lower court and held that a contractual tax-allocation provision was unambiguous and ...

On May 14, 2025, the EU General Court annulled the European Commission’s decision refusing The New York Times access to text messages between the President of the Commission and the CEO of Pfizer ...

SoftBank Group, in partnership with Tether, announced the formation of Twenty One Capital, the first Bitcoin-native public company, in a business combination with Cantor Equity Partners. Twenty One ...

Yesterday, the Federal Reserve Board rescinded two letters (SR 22-6 / CA 22-6 and SR 23-8 / CA 23-5) and, together with the FDIC, withdrew from interagency statements concerning certain crypto-asset ...

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 ...

A consortium of Vesper Infrastructure Partners, as majority investor, and Infracapital, as minority investor, has signed a put option agreement to acquire SAF Aerogroup (SAF)—a leading European ...

The Order Directs the Attorney General to Identify and Stop the Enforcement of “Illegal” State Laws That Burden Domestic Energy Production ...

S&C Advises Elon Musk, xAI and X in the merger of xAI and X in a transaction valuing xAI at $80 billion and X at $33 billion ($45 billion enterprise value less $12 billion of debt). Elon Musk’s ...

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

In this episode of S&C’s Critical Insights, Annie Ostrager, Co-Head of S&C’s Employment Law Group, Alex Gross, a partner in the Firm’s Litigation Group, and associate Sabrina Solow, discuss steps ...

PALO ALTO (MARCH 11, 2025) – Sullivan & Cromwell LLP announced today that Kyle Mach, former Deputy Director of the U.S. Federal Trade Commission’s Bureau of Competition, will join the firm as partner ...