A virtual discussion on the regulatory aspects of the EO, its potential policy outcomes, and practical impacts on affected businesses. On July 9, 2021, President Joe Biden issued a far-reaching executive order (EO) on Promoting Competition in the American Economy that establishes a “whole-of-government effort” aimed at reducing corporate consolidation. The EO calls for federal agencies to undertake 72 separate initiatives across a range of industry sectors, including financial services, technology, transportation and communication services.
As we pass 100 days since the end of the Brexit transition period, it is time to reflect on what we have learnt so far in relation to how the end of Free Movement rights has affected British citizens and UK companies operating within the European Economic Area (EEA) and EEA citizens and EEA companies operating in the UK.
As businesses emerge from COVID with a significant amount of corporate debt, the landscape in the financial markets have also evolved: The focus on ESG issues has intensified. It is timely to take stock of where we are and consider how ESG issues could affect refinancings and restructurings of debt going forward. This article highlights seven key potential development areas through considering recent legal developments, market practices and trends.