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Covington represented MidFirst Bank in its entry into a definitive agreement to acquire the Houston, Texas banking locations of Amerant Bank, the main subsidiary of Amerant Bancorp Inc. The Covington deal team was led by J. D. Weinberg, Charlotte May, and Laura Bleier: https://okt.to/iCeysq
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In the first video of our Women in Securities series, Charlotte May and Kerry Burke discuss #ESG disclosures best practices, and how companies can mitigate risk. Watch the video below and the full series on our website: https://okt.to/3XzJwO
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A recent federal court's decision underscores the importance of considering personal jurisdiction defenses for online services, particularly in the context of privacy claims. Dominic Booth looks at the case: https://okt.to/J0vfYo #ClassActions
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Congratulations to three members of our Entertainment and Media Industry group - Michael Hill, Adrian Perry, and Robyn Polashuk - who have been named by Variety to its 2024 Legal Impact Report, which profiles “entertainment’s top dealmakers and litigators.” Read more: https://okt.to/TgEiqH
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In this blog post, Holly Fechner, Matthew Shapanka, and Abby Rickeman explain why the Biden administration must race to finalize proposed agency actions as early as mid-May to avoid facing possible nullification if the Republican Party controls both chambers of Congress and the White House next year: https://okt.to/w93Isl
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The Council of the European Union voted to approve the Corporate Sustainability Due Diligence Directive, which will require EU member states to introduce laws requiring certain EU and non-EU companies to conduct environmental and human rights due diligence on their global operations and value chains. Companies will need to comply with new requirements while continuing to navigate existing legal risks and "soft law" mechanisms such as nonjudicial grievance mechanisms, or NJGMs. Our lawyers provide an overview of NJGMs and discuss how they may intersect with emerging hard law regimes via Law360: https://okt.to/CeJYU0
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Another federal district court has dismissed a putative #ClassAction complaint asserting that an online retailer’s chat feature violated the users’ privacy under the California Invasion of Privacy Act. The court dismissed the amended complaint for two reasons. Ellen Choi looks at the case: https://okt.to/0L74iV
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The U.S. Federal Communications Commission has released a Report and Order and Further Notice of Proposed Rulemaking, which could revolutionize the radio industry, by approving a rule change to allow radio broadcasters to use FM boosters to direct hyper-local programming for a portion of each hour in specific geographic areas. We look at the implications: https://okt.to/yigzxR
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A Covington team led by Michael Reed, Charlotte May, and Brianna Bloodgood advised Five Star Bancorp in an $86 million follow-on offering of common stock: https://okt.to/XOQ51H
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In this article published by Bloomberg Law, Ryan Quillian and Jacqueline Fitch discuss two recent actions by the FTC that appear to be efforts to expand its authority under Section 5 of the FTC Act, 15 U.S.C. § 45 (Section 5), and how those efforts could be affected by two Supreme Court's forthcoming decisions: https://okt.to/5Zur43
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