Kamala Harris’ selection of Tim Walz as running mate for her presidential campaign has implications under the Securities and Exchange Commission’s (SEC) Rule 206(4)-5 under the Investment Advisers Act (SEC Pay-to-Play Rule). In particular, certain political contributions to vice presidential candidate Tim Walz, who serves as Chair of the Minnesota […]

Global law firm K&L Gates has advised generative AI company Leonardo Interactive Pty Ltd (Leonardo.ai) on its sale to Australian founded, global graphic design giant Canva, Inc. Leonardo.ai is an early-stage generative AI business based in Australia that is backed by venture capital funds including Blackbird and Side Stage Ventures. […]

In July, two Federal District Courts in Texas issued orders staying the effective date of the Department of Labor’s (DOL) fiduciary rule (Fiduciary Rule).1 The courts determined that the industry groups challenging the Fiduciary Rule are likely to succeed on the merits of their claim that the Fiduciary Rule conflicts with […]

Washington, D.C. – Global law firm K&L Gates LLP welcomes health care lawyer Amanda Smith to the firm’s Health Care and FDA practice in Washington, D.C. She joins the firm as counsel from 340B Health, a nonprofit organization comprising more than 1,500 hospitals and health systems participating in the federal […]

What You Need To Know In A Minute Or Less Microplastics, as a seemingly ubiquitous contaminant, have increasingly become the subject of online exposés and class action challenges. The Environmental Protection Agency (EPA) states on its microplastics research page that, “[m]icroplastics have been found in every ecosystem on the planet, […]

In the recent years we have seen exponential increases in the amount of fines imposed by the European Commission (Commission) for infringements of competition rules, fines in the range of hundreds of millions or even billions are not uncommon for hardcore competition violations. In addition, companies that decide to pay […]