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Transatlantic Trade Monitor: Facts You Need Now | Trade shocks, employment and the coming recession

The recession will start on the docks of Los Angeles. It will be a product of a rational response of producers, wholesalers and retailers to the uncertainty created by policymakers. The cost of those policy decisions is a misapplied consumption tax on households and businesses, which will soon cause a premature and unnecessary end to the expansion. Rising inflation, declining real incomes and increasing unemployment will follow. The price of those policies will first be paid at the ports and then...
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Eversheds Sutherland recognized among top 10 law firms globally for M&A deals

Eversheds Sutherland has been recognized as one of the top global law firms for mergers and acquisitions (M&A) deals in the first half of 2025. According to the latest report by the London Stock Exchange Group (LSEG), the firm ranked ninth globally for the number of announced and completed deals, reaffirming its position as a leading advisor in the M&A sector. The report highlights Eversheds Sutherland's involvement in 165 announced transactions worth $23.37 billion and 158 completed deals valued at $17.44...
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Vulcan View: The latest EU developments 7 July – 11 July

Commission President von der Leyen survives no-confidence vote On Monday, July 7, European Commission President Ursula von der Leyen addressed the European Parliament in Strasbourg regarding ongoing allegations related to the so-called “Pfizergate” controversy, which had prompted a motion of censure from far-right groups. During her remarks, von der Leyen firmly denied the accusations and described them as unfounded and politically motivated, seeking to defend both her integrity and the Commission’s conduct in vaccine procurement. She defended her leadership and vaccine...
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CLA (CliftonLarsonAllen) | OBBBA Is Now Law — What the Real Estate Industry Needs to Know

OBBBA introduces permanent tax changes for real estate, enhancing deductions, Opportunity Zones, REIT flexibility, and LIHTC benefits. The One Big Beautiful Bill Act (OBBBA) was signed into law late last week. While OBBBA introduces wide-ranging tax changes for all sectors, the real estate industry faces a distinct set of opportunities and challenges. Below, we explore what these changes mean for owners, developers, and investors — and how to prepare. For a comprehensive overview of the tax provisions in OBBBA, including restoration...
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Wilson Sonsini | The One Big Beautiful Bill: Tax Provisions in Final Legislation Impacting Domestic and Multinational Businesses

Important Changes for Technology and Life Sciences Industries On July 4, 2025, President Trump signed H.R. 1, commonly known as the “One Big Beautiful Bill Act” (OBBB), into law.1 OBBB was initially approved by the House of Representatives on May 22, 2025 (the House Bill),2 followed by proposed changes that were released by the Senate Finance Committee on June 16, 2025 (the SFC Bill) and passed by the full Senate on July 1, 2025. OBBB permanently extends many of the tax provisions...
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Noerr | EU Commission Proposes EU Space Act

On June 25, 2025, the European Commission introduced a proposal for an "EU Space Act." This comprehensive proposal spans over 100 pages and includes several annexes detailing regulations aimed at harmonizing the space sector. The proposal seeks to address the growing economic and political significance of space activities, which can't be sufficiently managed by fragmented national regulations. International law currently only mandates that states must authorize and supervise space activities, a requirement yet to be implemented in Germany. The...
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Laura Devine Immigration | US Supreme Court Issues Partial Stay on Executive Order Targeting Birthright Citizenship

On January 20, 2025, President Trump signed Executive Order 14160, which seeks to restrict birthright citizenship under the Fourteenth Amendment of the US Constitution. Specifically, the order targets children born on US soil to parents who are neither US citizens nor lawful permanent residents. This would include children of nonimmigrant visa holders living lawfully in the US. Following the issuance of the order, a number of federal lawsuits were filed, resulting in nationwide injunctions that temporarily blocked implementation. The Trump...
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Anchin | The Big Beautiful Bill Becomes Law: What It Means for Businesses and High-Net-Worth Individuals

On July 4th, President Trump signed in to law H.R. 1 — One Big Beautiful Bill Act (“BBB”) — a sweeping piece of tax legislation that reshapes key areas of the Internal Revenue Code. The BBB extends, modifies, or makes permanent a number of tax provisions originally introduced under the Tax Cuts and Jobs Act (TCJA), while also introducing several new provisions to the Internal Revenue Code. The following outlines some of the most significant changes likely to impact...

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