Member News

23 Apr
Member News, News

RSM | Tenth Circuit’s Liberty Global decision: What it Means for M&A Planning

Economic substance doctrine affirmed; integrated M&A plans face heightened risk. What the Tenth Circuit’s Liberty Global decision means for M&A tax planning On April 21, 2026, the U.S. Court of Appeals for the Tenth Circuit affirmed the government’s economic substance win in Liberty Global, Inc. v. United States, No. 23-1410. The court held that section 7701(o) applies even when a transaction mechanically complies with the Internal Revenue Code (Code), and that common mergers and acquisitions (M&A) building blocks (i.e., section 351...

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23 Apr
Member News, News

AlixPartners | Volume, Not Just Value: How North American Consumer Goods Companies Can Reignite Real Growth

The consumer goods industry is running out of room to hide behind price. By late 2025, category volumes were slipping into decline even as retail sales stayed positive—a clear sign that topline gains are still all price, not product. With inflation pressures intensifying again from rising energy and shipping costs, pricing alone won’t cut it. The next wave of growth will have to come from something harder: winning back consumers through innovation, sharper portfolios, and flawless execution. Why pricing is...

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22 Apr
Member News, News

Troutman Pepper Locke | Evolving AI Tools and Reliance in the Workplace: Key Developments Employers Need to Know

It started as merely trying out artificial intelligence (AI) tools. Now, more and more employers (and their employees) are relying on AI for their everyday operations, including drafting emails and summaries, screening and ranking applicants, managing employee performance, and answering routine questions. This expanded role has changed AI from a casual acquaintance into a new “co-worker” that can influence employment decisions, outcomes, and experiences. Employers are reviewing AI tools, assessing risks and deciding which tools are authorized in...

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21 Apr
Member News, News, Trade & TTIP Related

Jaguar Freight | The Big Squeeze

In this week’s Roar: Air cargo rates up, electronic tariff refund Phase 1, new emergency surcharges, the state of the global maritime system, and how AI is handling operational bottlenecks. Since mid-March, air cargo rates are up 10% as the war in Iran has squeezed capacity, pushed up oil prices, and disrupted flights across the Middle East. Jet fuel costs have nearly doubled, resulting in new surcharges on many routes. For shipments where time is of the essence, there are now frequent delays averaging...

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20 Apr
Member News, News, Trade & TTIP Related

Perkins Coie | The Launch of CAPE Phase 1: Essential Guidance for IEEPA Duty Refunds

Today, April 20, 2026, marks a significant milestone for importers seeking to recover duties paid under the International Emergency Economic Powers Act (IEEPA).  U.S. Customs and Border Protection (CBP) has officially launched the Consolidated Administration and Processing of Entries (CAPE) Phase 1 functionality within CBP’s digital system for processing imports and exports—the Automated Commercial Environment (ACE). Following the invalidation of certain IEEPA-based tariffs, CAPE serves as the primary administrative mechanism for securing refunds. However, CAPE is not a “blanket” refund process. CBP...

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17 Apr
Member News, News

FBT Gibbons | Scam Alert: Fake USPTO “Trademark Verification” Emails Targeting Trademark Applicants

Fake mandatory verification appointments, fake examining attorney phone calls, and fraudulent USPTO emails. There have been reports of law firms receiving a wave of fraudulent emails impersonating the U.S. Patent and Trademark Office (USPTO). These emails target trademark applicants with urgent demands for a “mandatory verification appointment” phone call with a fake examining attorney. They look convincing because scammers pull real application data (serial numbers, owner names, attorney addresses) from the USPTO’s publicly available Trademark Status and Document Retrieval (TSDR)...

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17 Apr
Member News, News

Wilson Sonsini | SBIR/STTR Program Restarted with New Features

On April 13, 2026, the Small Business Innovation and Economic Security Act (the Act) was signed into law, reauthorizing the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs through September 30, 2031. First and foremost, this ends the six-month program pause in new awards. But it also introduces several important changes aimed at improving the effectiveness of the SBIR program and at strengthening national security. Some of the key provisions are detailed here. Strategic Breakthrough Awards:...

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15 Apr
Member News, News

ACG Resources | Why AI Can’t Do What I Do: The Real Limitations of Artificial Intelligence in Recruiting

Let’s Be Honest About the Hype I’ll be honest: I considered not writing this piece. Any recruiter who goes on record questioning AI right now risks sounding like someone who didn’t see the internet coming. That’s not where I’m coming from. I use technology every day. I’m always looking for ways to work smarter. But after thirty-plus years in recruiting — placing professionals in financial services, compliance, legal, and real estate — I’ve got some observations I think are worth...

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15 Apr
Member News, News

Osborne Clarke | How Investors are Managing Risk in the New Wave of European Data Centre Projects

Data centre investment is accelerating in Europe, with regulation, grid access and power reshaping how projects get done. At a glance Grid connection is now the defining constraint for European data centre projects, with only 10-15% of applications in Germany expected to be accepted. Regulatory and ESG obligations across the EU and UK are reshaping how data centre projects are structured, priced and permitted from the outset. Investors who align grid strategy, power procurement and sustainability planning early are better...

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15 Apr
Member News, News, TRIA News

Trepp | Data Center Construction Spending Skyrockets

Spending for the construction of data centers was $41.1 billion last year, up 31.7% from 2024 and 344% from 2020, according to the U.S. Census Bureau.   That's a big leap and a substantial chunk of change. However, it woefully underestimates the true cost of all the data center building that's going on. Last year, properties with a 35-gigawatt capacity were under construction, up half again as much as the 22.9-GW capacity that was under construction in 2024. In 2020, properties...

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