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China Raises Turnover Threshold for Anti-Monopoly Filing in M&A Deals | Sheppard Mullin Richter & Hampton LLP

On January 26, 2024, the State Council of China published the “Regulations of the Filing Threshold for Operators’ Concentration (2024 Revision)” (the “New Filing Threshold”), which took.

2024 NFL Mock Draft: Bears should have strong options at No 9

The Bears taking a quarterback first overall would start a run on passers in the April NFL draft that general manager Ryan Poles should hope lasts past his next pick at No. 9.

Biden admin to announce independent contractor rule that could upend gig economy

The administration of U.S. President Joe Biden will release a final rule as soon as this week that will make it more difficult for companies to treat workers as independent contractors rather than employees that typically cost a company more, an administration official said. The U.S. Department of Labor rule, which was first proposed in 2022 and is likely to face legal challenges, will require that workers be considered employees entitled to more benefits and legal protections than contractors when they are "economically dependent" on a company. A range of industries will likely be affected by the rule, which will take effect later this year, but its potential impact on app-based services that rely heavily on contract workers has garnered the most attention.

Internal rate of return of factories electricity generation must not exceed 12%

The internal rate of return (IRR) of power factories’ electricity generation must not exceed 12%, according to a draft circular issued by the Ministry of Industry and Trade on the formula used to determine electricity generation prices.

New rule designed to protect LGBTQ foster children draws GOP opposition

A new rule requiring child welfare agencies to place LGBTQ children in “environments free of hostility, mistreatment, or abuse” based on the child’s sexual orientation, gender identity or expression is drawing opposition from Republicans. The proposed rule, issued in September by the Department of Health and Human Services (HHS), also would require caregivers to undergo cultural…

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