Key Takeaways:
Recent rule developments from major international institutions provide sophisticated frameworks for managing disputes as they arise. The American Arbitration Association’s International Centre for Dispute Resolution (AAA-ICDR) is developing dispute board rules specifically tailored to the life sciences industry, signaling growing institutional focus on the sector’s unique dispute resolution needs. Rule developments from the World Intellectual Property Organization (WIPO), the International Institute for Conflict Prevention & Resolution (CPR), and the Singapore International Arbitration Centre (SIAC) similarly reflect the...
In this week’s Roar: Are tariffs helping the U.S. trade deficit as intended? Ocean carriers rake in the profits, oil continues to be volatile, a mixed outlook for air cargo, and a likely extension of the Jones Act waiver.
Can we say at this point if tariffs are helping the U.S. trade deficit? Not definitively. The June data shows the deficit narrowing to $73.3 billion, down from $77.6 billion in May, and down 33.8% year-to-date versus 2025. That’s the direction tariff proponents...
Key Points
On August 6, 2026, President Trump signed a proclamation imposing a 15% ad valorem tariff and minimum import prices on polysilicon and its derivatives under Section 232 of the Trade Expansion Act of 1962, effective December 4, 2026.
The minimum import price program sets price floors of $21/kg for polysilicon, $100/kg for ingots and wafers, $0.22/W for solar cells, and $0.38/W for solar modules, with materially inaccurate certifications triggering a permanent import ban.
Raw polysilicon is subject only to...
Estimated reading time: 8 minutes
The article in brief:
European private markets stabilized during the second quarter of 2026, although investors have become more selective regarding sectors and credit profiles. Public credit spreads tightened from first-quarter levels, while financing conditions remained competitive for high-quality borrowers.
Direct lending markets remain characterized by abundant dry powder and limited new issuance. Financing terms have remained favorable for stronger credits, while AI-exposed, cyclical, and lower-quality borrowers continue to face higher risk premiums and greater scrutiny.
M&A...
As tariff refunds are issued, the practical question becomes how companies should report them. Explore common tax reporting issues.
Following the U.S. Supreme Court's decision invalidating the IEEPA tariffs, the government has stopped collecting those tariffs and is refunding amounts importers previously paid.
Because tariffs are generally capitalized into inventory and recovered through cost of goods sold (COGS) as inventory is sold, refunds will be taxed the same as the original tariff.
Learn more about how tariff refunds will be taxed and...
Earnouts are often presented as a solution that can help get a deal across the finish line. If a buyer and seller disagree on valuation, an earnout can help bridge that gap by tying a portion of the purchase price to the future performance of the company post-closing. It’s a simple concept in theory. If the company performs as expected, the seller will receive additional payments. If the company does not meet the established metrics, the buyer pays less.
However, in practice, earnouts can introduce a...