The Sidley Podcast

The U.S. Securities and Exchange Commission (SEC) has proposed sweeping new rules that would encourage companies to go, and stay, public. If adopted, the changes would facilitate access to the capital markets and reduce compliance burdens. Industry groups have broadly welcomed the proposals. They say companies will be able to take advantage of desirable market conditions quickly and efficiently. But others are voicing concerns abou...

The Supreme Court of the United States has clipped the power of the executive branch in ruling that President Donald Trump’s sweeping global tariffs was illegal.The decision is leading thousands of companies to seek refunds, and threatening to upend trade agreements the U.S. previously struck with countries seeking lower rates.Meanwhile, the administration is vowing to implement new tariffs using different legal statutes.

Just...

Generative artificial intelligence (AI) is taking the world by storm, promising to enhance efficiency and revolutionize business. Corporations are embracing the technology, with AI market size expected to reach $1 trillion by 2030. But companies that deploy AI for their operations are confronting risks involving litigation, privacy, and ethics. And regulators are struggling to keep pace with its rapid deployment, leading some to fe...

The Supreme Court of the United States is back in session with a blockbuster docket that could shift the levers of power in America. Issues range from the scope of executive authority, and the role of the federal government, to the power of the lower courts in resolving executive power disputes. As cases on the so-called “shadow docket” pile up, some district judges are speaking out, raising concerns about risks to the ...

A brave new world of investing is now open for business, and with it, a new way to conceive of property. Tokenized real-world assets have gone mainstream. Major financial institutions are racing to tokenize everything — from U.S. treasuries, to art, to real estate, converting these assets into digital form and storing them on blockchains so they can be traded easily on new marketplaces. But the breakneck pace has fueled conce...

President Donald Trump’s tariffs have upended world trade. And they are spawning haggling over international commerce — even between the U.S. and its closest allies. With the global economy on notice, the business community is feeling the uncertainty, as the Trump administration calibrates just how much executive power it can wield on trade without congressional input. Meanwhile, litigation has hit U.S. dockets and the ...

The GOP majority in Congress is looking to build on the Trump administration’s political and policy agenda, prioritizing tax cuts, energy reform, and border security, but tariffs could provoke a trade war that has already roiled the market and international business. Meanwhile, the administration is implementing major cuts to federal agencies — including the FDA, HHS, and NIH — and calling into question the breadt...

With the inauguration of President Donald Trump, the Republicans now control the White House, House of Representatives, and the Senate. That balance of power comes with its caveats: a GOP majority in the Senate may secure most of Trump’s cabinet picks. But the tight margins in the House may mean having to use executive orders to push through some policy priorities. Across the aisle, Democrats are re-grouping, and pinning thei...

The Supreme Court made monumental moves last term, discarding the Chevron doctrine, and scrambling how regulation of the environment, public health, and consumer protection has worked for 40 years. And it granted the president of the United States vast immunity from criminal prosecution, raising alarm over how that expanded power might take shape. 

As the United States emerges from election season, the Supreme Court faces poten...

A federal law known as Section 230 has provided a powerful legal shield for internet companies for nearly three decades. Designed to “promote the internet,” it protects platforms from civil liability for content posted to their sites by third parties. 

 But the measure is inspiring lawsuits from plaintiffs who say it allows internet companies to escape accountability for harmful content. With the Supreme Court ...

The Supreme Court has discarded the Chevron doctrine. In a decision overturning a four-decades-long precedent, the high court now says courts will no longer so easily defer to federal agency interpretations of the statutes they implement. The demise of so-called “Chevron deference” could upend the regulation of nearly all aspects of American commerce, opening the floodgates for litigation, with existing laws and future ...

What happens when you buy somebody else’s problems? A new policy from the U.S. Department of Justice (DOJ) is encouraging companies to disclose the misconduct of the companies they buy. The DOJ says it won’t prosecute businesses that voluntarily report wrongdoing found during the mergers and acquisitions process. 

The government especially wants to detect misconduct that threatens national security or involves cyber...

The SEC had planned to usher in a new era of corporate disclosure but now it may be on hold. Its new rules would require public companies to report extensive climate-related information. They are intended to improve the consistency, comparability, and reliability of climate-related data and to provide detailed, decision-useful information for investors seeking company information before they invest.

But already some states and busin...

A whopping one in five workers in the U.S. has signed a non-compete agreement. Companies use these contracts to protect trade secrets, reduce employee turnover, and improve their business leverage. Detractors say non-competes decrease wages and are burdensome to workers. Private litigation is on the rise against non-competes and some states are now passing limits on their use. 

At the federal level, non-competes and other emplo...

When an M&A deal closes, is it done? Not always. More and more disputes are arising after closing, which results in lost time and expense for both buyers and sellers as they realize they don’t actually have a done deal. Not all disputes after closing can be avoided, but their effects can be minimized with the right due diligence, transparency in the process, and knowing the mechanisms for resolving them efficiently. 

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The U.S. Supreme Court has declared that university admissions policies must be “color blind” under the Equal Protection Clause of the Constitution, breaking with decades of legal precedent and resulting in challenges to diversity, equity, and inclusion initiatives at universities and elsewhere. Many employers worry their own DEI policies and programs may be at risk, with businesses experiencing some high-profile lawsui...

The Supreme Court of the United States is in session. After its seismic decisions last term, SCOTUS has set its sights on another slate of high-stakes cases that could again transform elections, policy, and public life. On the docket are the First Amendment, gun rights, racial gerrymandering, and the power of the executive branch over regulation. Companies are bracing for decisions that could impact the way they do business, while ...

Companies are facing more attacks on their information systems. And, as their cyber risk skyrockets, the SEC has stepped in with new regulations, telling businesses what to disclose about these incidents — and requiring detailed disclosures on cyber risk management more broadly. With the deadline for compliance fast approaching, businesses are scrambling to mitigate their legal risk and comply with regulations that some say m...

Airlines have hit their share of turbulence, from supply chain issues and staffing shortages to the Russia-Ukraine conflict and elevated fuel prices. As interest rates rise and some airlines file for bankruptcy, the industry’s carbon emissions efforts are getting off the ground. 

Join The Sidley Podcast host and Sidley partner, Sam Gandhi, as he speaks with three of the firm’s thought leaders on the airline industry...