Client Alert

Senate Bill 21 This bill was enacted largely in response to high-profile litigation, such as In re Match Group (In re Match Grp., Inc. Deriv. Litig., 315 A.3d 446 (Del. 2024)) and TripAdvisor (Maffei v. Palkon, 2025 WL 384054 (Del. Feb. 4, 2025)) and to stem the recent tide of Delaware companies reincorporating in Neveda […]

The New York Corporate Transparency Act (NYCTA) WILL NOT apply to US-registered LLCs. In recent years, there has been significant interest in identifying the “beneficial owners” of U.S. businesses to combat perceived financial crimes such as money laundering, terrorism financing, and tax fraud by ending the use of anonymous shell companies. This led to the […]

On December 18, 2025, President Donald Trump signed an Executive Order titled Increasing Medical Marijuana and Cannabidiol Research, marking the most consequential federal cannabis policy action in decades. While the Order does not legalize marijuana or immediately alter its status under federal law, it directs the administration to complete the long-anticipated rescheduling of cannabis under […]

In ML, Inc. v. Edison Township Board of Education, the New Jersey Appellate Division reinforced the discretion of public entities to draft and enforce timing requirements as to the dates of key bid forms that are required to be submitted with public bids.  The court upheld the Edison Township Board of Education’s decision to award a […]

On November 17, 2025, the New Jersey Department of Environmental Protection (NJDEP) changed its previously proposed  rule which  would have required persons conducting All Appropriate Inquiry (AAI)(due diligence) at real properties to report any discharge of contamination discovered during the due diligence  to NJDEP and the record owner of the property.  NJDEP has now changed […]

Recent reports indicate that President Trump is preparing to issue an executive order as early as Monday, December 15 directing his administration to finalize the long-anticipated reclassification of cannabis under the federal Controlled Substances Act (CSA) from Schedule I to Schedule III. This development follows years of regulatory review and political debate spanning multiple administrations […]

EPA Proposes Historic WOTUS Rule—A Major Victory for Predictability, Cost Savings, and Development Efficiency, Driven by the Supreme Court’s Sackett Ruling On November 20, 2025, the U.S. Environmental Protection Agency (EPA) and the Army Corps of Engineers published a Proposed Rule (Document 90 FR 52498) to redefine the “Waters of the United States” (WOTUS) in […]

New Jersey developers and contractors may now benefit from the NJ sales tax exemption for contractors under a new law designed to support the construction and improvement of affordable housing projects. P.L. 2024, c.3 (effective May 1, 2024) expands an existing sales tax exemption to include contractors working for “housing sponsors engaged in affordable housing […]

The enactment of the Continuing Appropriations and Extensions Act (H.R. 5371) on November 12, 2025, has fundamentally altered the legal foundation of the U.S. hemp industry. Embedded within this omnibus spending measure are revisions to the Agricultural Marketing Act of 1946, which itself was amended by the Agriculture Improvement Act of 2018 (the 2018 Farm […]

Senate Bill S4876, the “New Jersey Energy Security and Affordability Act,” was introduced on November 17, 2025, by Senators Bob Smith and John Burzichelli. The bill establishes a comprehensive regulatory structure designed to support the development of advanced nuclear generation, expand distributed energy storage, and implement statewide demand-reduction programs. The bill cites rising electricity demand – […]

New York is preparing to roll out its own version of beneficial ownership reporting—and it arrives sooner than many businesses realize. Beginning January 1, 2026, the New York LLC Transparency Act (LLCTA) will impose new filing obligations on all New York LLCs and foreign LLCs authorized to do business in the state. While the LLCTA […]

On November 12, 2025 the President signed the Continuing Appropriations, Agriculture, Legislative Branch, Military Construction and Veterans Affairs, and Extensions Act, 2026 (H.R. 5371) into law. Embedded within this legislation are amendments that fundamentally redefine “hemp” under federal law and close the regulatory gap that has permitted delta-8, delta-10, THCA, HHC, THC-O, and similar products […]