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The Association of Corporate Counsel (ACC) is the world's largest organization serving the professional and business interests of attorneys who practice in the legal departments of corporations, associations, nonprofits and other private-sector organizations around the globe.

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New EEOC Initiative Targeting AI Technology Used in Hiring Process Presents Increased Risk of Class Litigation

By Nikki Howell, Steven Moore and Heidi Wilbur, Fox Rothschild LLP

The US Equal Employment Opportunity Commission (EEOC) and US Department of Justice (DOJ) have announced plans to monitor employers’ use of artificial intelligence (AI) tools in hiring decisions that may discriminate against applicants with disabilities. On May 12, 2022, both agencies issued guidance outlining areas for concern regarding the use of AI in hiring decisions, which provide some insight into their intentions for litigation.

Articles

The Supreme Court’s Dobbs Ruling Creates a Variety of Significant Legal Issues

By Catherine T. Barbieri and Pamela A. Thein, Fox Rothschild LLP

The US Supreme Court held in Dobbs v. Jackson Women’s Health Organization, that the Constitution does not confer a right to abortion, overruling long-standing precedent in Roe v. Wade and Planned Parenthood of Southeastern Pennsylvania v. Casey. Since the Dobbs decision, trigger laws in 13 states have banned or will shortly ban abortions, and another 13 states are expected to follow suit. While trigger laws are being challenged in court, there is no question that many states will successfully ban, or severely curtail, abortions within their borders. Moreover, a number of those states would impose criminal penalties on abortion providers, pregnant people, and/or individuals or entities that “aid and abet” abortions. The Dobbs decision and states’ efforts to ban, curtail and/or criminalize abortions have created multiple legal issues that affect individuals and employers.

Articles

Hong Kong Competition Commission publishes Advisory Bulletin on employers’ joint negotiations with employee bodies

By Machiuanna Chu, Partner and Sharon Pang, Principal Economist - Competition, Deacons

On August 29, 2022, the Hong Kong Competition Commission (“HKCC”) published an Advisory Bulletin regarding the sharing of competitively sensitive information on employees’ employment conditions (such as future wages) among employers in the context of “joint negotiations” (“Joint Negotiation Advisory Bulletin”). In the Joint Negotiation Advisory Bulletin the HKCC outlines a set of guidance on the circumstances under which the exchange of information on employment conditions among employers may be justified in the context of joint negotiations.

Articles

China’s Delegated Review of Certain Merger Control Filings

By Cunzhen Huang and Yiming Sun, Cleary Gottlieb Steen & Hamilton LLP

On July 15, 2022, China’s antitrust authority SAMR announced a three-year pilot program beginning August 1, 2022 to delegate the review of certain simplified-procedure merger filings that the agency currently handles on its own, to five of its local branches (“AMRs”) in Beijing, Shanghai, Guangdong, Chongqing, and Shaanxi. Each of the five local AMRs will be responsible for a specific geographic area (“Territory”) within China. This article discusses this first step to implement China’s “categorized and classified” merger control review regime under the new Anti-Monopoly Law.

Articles

UCC Digital Asset Amendments Finalized

By Sandra Rocks, Penelope Christophorou, and Brandon Hammer, Cleary Gottlieb Steen & Hamilton LLP

In July 2022, the sponsors of the Uniform Commercial Code (“UCC”) approved wide-ranging amendments to the UCC (“2022 UCC Amendments”) to provide workable rules for emerging technologies, such as distributed ledger technology and virtual currency. If adopted by individual state legislatures, these amendments should provide greater certainty regarding the rules governing security interests, competing claims, custodial risks, and other issues associated with digital assets. This article provides a high level summary of selected aspects of the 2022 UCC Amendments that may be of particular interest to financial market participants.

Articles

Amended ICSID Arbitration Rules Enter Into Force

By Christopher Moore, Ari MacKinnon, and Laurie Achtouk Spivak, Cleary Gottlieb Steen & Hamilton LLP

On July 1, 2022, the amendments to the Regulations and Rules of the International Centre for Settlement of Investment Disputes (“ICSID”) entered into force. This article summarizes and comments on the key changes. The 2022 ICSID Arbitration Rules apply to ICSID arbitrations commenced on or after July 1, 2022.

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