News & Insights

FINRA RELEASES 2025 ANNUAL REPORT

The Financial Industry Regulatory Authority, Inc. (“FINRA”) has published its 2025 Annual Regulatory Oversight Report (the “Report”). This year, the Report adds new topics relating to the third-party risk landscape, registered index-linked annuities and extended hours trading. The Report also includes new content on various topics from last year’s report, including cybersecurity, artificial intelligence (“AI”)…
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EMPLOYERS CONSIDERING LAYOFFS MUST ABIDE BY THE WARN ACT

As President Donald Trump continues his ongoing trade wars, including tariffs, businesses are responding with massive layoffs to shoulder the increased cost of production. Mack Trucks, Volvo, General Motors and Estée Lauder are some of the employers that have announced layoffs, specifically citing the impact of the Trump Administration’s tariffs. Smaller employers are also laying…
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AI CLAIMS HANDLING AND BAD FAITH LITIGATION

Artificial Intelligence (AI) is constantly revolutionizing industries, and claims handling is no exception. These advancements come with growing pains: the use of AI in claims determinations has become the subject of bad-faith litigation. Although AI is relatively new, the bad faith arguments are not. Bad faith lawsuits concerning the use of technology in claims handling…
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ARKANSAS COURT OF APPEALS RULES STATUTE OF REPOSE DOES NOT OVERRIDE SAVINGS STATUTE

The Arkansas Court of Appeals for the Third Division recently held Arkansas’ statute of repose did not take precedent over Arkansas’ savings statute. Thompson Thrift Constr., Inc. v. Modus Studio, PLLC, 2025 Ark. App. 193, 709 S.W.3d 898 (2025), involved a dispute related to alleged construction defects in a housing complex built in August 2014….
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U.S. SUPREME COURT DECISION IN SEVEN COUNTY INFRASTRUCTURE COALITION V. EAGLE COUNTY NARROWING THE SCOPE OF NEPA REVIEW

The Supreme Court recently issued a decision in Seven County Infrastructure Coalition v. Eagle County, 605 U.S. ___ (2025). The Court held that NEPA requires environmental assessments only of the specific project under review, not of side effects caused by separate actions. It also reaffirmed courts must show strong deference to agency decisions on environmental…
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FLORIDA APPELLATE COURT REINSTATES PREMISES LIABILITY SUIT OVER UNMARKED CONCRETE SLAB, WITH DIRECT IMPLICATIONS FOR ARCHITECTS AND ENGINEERS

In Ortega v. JW Marriott Investment, LLC, — So.3d —-, 2025 WL 610824 (Fla. 3d DCA, Feb. 26, 2025), the Florida Third District Court of Appeals reversed a summary judgment ruling in a case with direct implications for architects and engineers working on integrated pedestrian and vehicle infrastructure. The Court held that disputed issues of…
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SOUTH CAROLINA COURT OF APPEALS HOLDS UNCLEAR INDEMNITY AGREEMENTS ARE UNENFORCEABLE

In Retreat at Charleston Nat’l Country Club Home Owners Ass’n, Inc. v. Winston Carlyle Charleston Nat’l, LLC, 2025 WL 466562 (S.C. Ct. App. Feb. 12, 2025) the South Carolina Court of Appeals issued an opinion clarifying what is required for an indemnity agreement between a contractor and its subcontractors to be enforceable.  The case involved…
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SEC CHAIR PAUL ATKINS OUTLINES AMBITIOUS OVERHAUL OF CRYPTO REGULATIONS

In a sweeping policy shift, Securities and Exchange Commission (SEC) Chair Paul Atkins announced a plan to modernize the agency’s regulatory approach to cryptocurrency, signaling a more accommodating stance for digital asset innovation while reaffirming the SEC’s oversight responsibilities.  Speaking at a roundtable hosted by the SEC’s crypto task force, Atkins made clear that one…
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