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In Case You Missed It: Loeb News from February 2022

Announcements/Press Releases
Have you heard how Loeb is moving the needle? Loeb’s lawyers are always advising on the latest trends, issues, and legislation to help our clients and communities succeed. Here are some highlights and firm news from the past few weeks!
  • The second issue of Loeb’s privacy newsletter Hashed & Salted is now live. In this issue, you will find A Privacy and Data Security Update and information about State-Proposed Comprehensive Privacy Legislation in 2022.
  • Loeb is pleased to announce the arrival of veteran trial lawyer John M. Gatti to the firm’s Litigation department in Los Angeles. John has more than three decades of trial experience in state, federal and bankruptcy courts as well as in representing individuals and corporations in complex business and commercial lawsuits. His practice spans a variety of industries, with specific emphasis in the entertainment, media and sports sectors. Read more about John’s arrival here.
  • Much ink has been spilled over sustainability in fashion as the industry makes a concerted effort to reduce its environmental footprint. Recent reports estimate that the fashion industry accounts for 4% of global emissions annually, with over 70% resulting from production processes alone. With this issue top of mind for fashion executives worldwide, the marketing of sustainable or eco-fashion has become widespread, raising regulators’ and legislators’ concerns about greenwashing and false advertising. Click here to read our recent client alert, Fashion Industry Sustainability Claims Are Focus of Regulation Enforcement in the US and Abroad.
  • After almost a year of waiting, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) released proposed regulations Dec. 7 implementing the beneficial ownership reporting requirements of the Corporate Transparency Act (CTA), enacted into law on Jan. 1, 2021, as part of the National Defense Authorization Act. Read more in our recent client alert, FinCEN Releases Proposed Rule on New Beneficial Ownership Reporting Requirements. You can also read our initial alert on the CTA and its beneficial ownership reporting requirements here.