Member News

Member News, News

Thompson Hine | Federal Court Strikes Down $100,000 H-1B Fee: What Employers Need To Know

On June 8, 2026, a federal court in Massachusetts struck down the $100,000 fee that the Trump administration had imposed on employers filing H‑1B visa petitions. The ruling is a major win for businesses that utilize the H-1B program to hire skilled foreign workers in fields like technology, engineering, healthcare, and finance. BACKGROUND Last September, President Trump issued a Presidential Proclamation titled Restriction on Entry of Certain Nonimmigrant Workers. The proclamation required employers to pay a $100,000 fee—on top of existing filing...

Read more

Member News, News

AlixPartners | AI Shopping Agents: Customer Gains, Retailer Gains, and What Retailers Stand to Lose

In our first article in this series, What AI shopping agents will mean for customers and retailers, we outlined six imperatives retailers must act on to stay competitive in a fast-evolving landscape. As of late 2025, Amazon had launched Buy for Me, Google had rolled out agentic checkout with Gemini, and OpenAI’s Instant Checkout had gone live with partners including Etsy, Shopify, and Walmart. 2026 has seen agentic e-commerce go mainstream, with the market expected to be worth $236 billion by...

Read more

Member News, News

Wilson Sonsini | European Commission Publishes Proposal for Act to Reduce Reliance on Foreign Cloud and AI

On June 3, 2026, the European Commission (EC) released its first draft of a proposed Cloud and AI Development Act (Proposal or CADA), marking a significant step forward in the EU’s efforts to strengthen its digital infrastructure and reduce strategic dependence on non-EU cloud providers. Through the Proposal, the EC aims to strengthen EU cloud, AI, and computing capabilities, and introduces criteria to help public-sector bodies assess whether third-party cloud services are sufficiently protected from foreign control. The Proposal lays the groundwork for a...

Read more

Member News, News

Trepp | Industrial Sector Sees Record Leasing Activity in Q1

The national industrial sector recorded 249.8 million square feet of leasing activity in the first quarter, up 14% from a year ago, putting the sector on track for a record year of leasing, according to CBRE. But absorption, or the leasing of previously vacant space, totaled just 43.2 million sf in the first quarter, well below total leasing volume, suggesting that much of the leasing activity came from tenants renewing leases or moving between buildings rather than expanding their footprints. At...

Read more

Member News, News, Trade & TTIP Related

Troutman Pepper Locke | New Sheriff at the Port: President Trump’s Executive Order Rewrites the Rules on Customs Enforcement

Key Points President Donald Trump’s “Strengthening Customs Enforcement” executive order directs CBP to overhaul customs enforcement, raising IOR eligibility thresholds and bond requirements for all entries. The executive order draws a bright line between “U.S. IORs” and “foreign IORs,” imposing stricter eligibility, bonding, and informal entry restrictions on foreign IORs and tying benefits to CTPAT validation. CBP must implement a “good standing” regime and overhaul the IOR registry within 180 days, using compliance history and customs liability payment records...

Read more

Member News, News, Trade & TTIP Related

Greenberg Traurig | US Trade Update: IEEPA Refund Litigation; Section 232 Modifications; New Section 301 Actions on Forced Labor, Vietnam, and Brazil; Customs Enforcement

The Trump administration has recently made several trade policy and tariff litigation announcements affecting companies importing goods into the United States and downstream buyers: (1) the Department of Justice appealed the Court of International Trade (CIT)’s “universal” IEEPA refund order and submitted a filing to the CIT announcing that only unliquidated entries and entries within 90 days post-liquidation would be processed for refunds through the Consolidated Administration and Processing of Entries (CAPE) system; (2) the U.S. Trade Representative (USTR)...

Read more

Member News, News

McCann Fitzgerald | EU Inc. – A Game‑Changer for European Founders?

“EU Inc. by its very name speaks the language of investors…” (EU Commissioner Michael McGrath, 18 March 2026). The European Commission announced its welcome proposal for EU Inc, the centrepiece of its wider plans for a ‘28th regime’, which looks to be a game-changer for European founders, entrepreneurs and investors.  The proposal envisages a new (optional) type of corporate vehicle which would benefit from a swift incorporation process, streamlined administration and a ‘digital by default’ set of rules. At a glance: Key benefits Underpinned by key principles such as ‘once...

Read more

Member News, News, Trade & TTIP Related

Fox Rothschild | US Trade Representative Proposes Tariffs on All 60 Economies in Forced Labor Import Ban Investigations

Key Points USTR has proposed additional Section 301 tariffs of 10 – 12.5% on imports from all 60 economies under investigation for failing to impose and/or enforce forced labor import bans, affecting nearly all U.S. import trade by value. Companies with global supply chains should immediately model the cost impact of these proposed tariffs across their sourcing footprint and evaluate whether their products may qualify for limited exemptions, including those for Section 232 goods, certain raw materials, and products posing economy-wide...

Read more

Member News, News, Trade & TTIP Related

PwC | Trump Administration Further Adjusts Section 232 Tariffs on Aluminum, Steel, and Copper Imports

What happened?  President Trump issued a Proclamation on June 1 further modifying the Section 232 tariff regimes applicable to imports of aluminum, steel, copper, and certain derivative products. The Proclamation establishes a temporary tariff framework, effective June 8, 2026 through December 31, 2027, for certain products identified in Annex I-C, including a generally applicable 25% duty rate, alternative tariff treatment for products from specified trading partners, and special rules for qualifying United States–Mexico-Canada Agreement (USMCA) products. This Proclamation also lowers the threshold for...

Read more

Member News, News

RSM | RSM Marks 100 Years of Serving in the Middle Market

June 2, 2026 – RSM US LLP (“RSM”) - the leading provider of consulting, tax and assurance services for the middle market - is celebrating its 100th anniversary, marking a century of advising middle market businesses through periods of economic, operational and technological change. In New York and across the region, RSM serves companies that are helping shape the economy and drive growth across industries, reflecting the broader impact of the middle market nationwide. "A hundred years doesn't happen without extraordinary...

Read more