Sullivan & Cromwell LLP announced today that Adrienne A. Harris, Superintendent of the New York State Department of Financial Services (“DFS”) from August 2021 through October 2025, has re-joined the ...

On October 24, the Federal Reserve Board released two proposals to update its supervisory stress testing framework, seeking comment on enhanced model transparency, disclosure processes, and proposed ...

OFAC designated Rosneft and Lukoil—along with certain specified subsidiaries—under E.O. 14024 for operating or having operated in the energy sector of the Russian Federation economy. Pursuant to ...

[3] See, e. g., Nev. Rev. Stat. §§ 78.138, 78.257 (codifying directors’ fiduciary duties and their right to inspect corporate books and records for a purpose related to their role); Tex. Bus. Orgs.

n a speech delivered at the 25th anniversary gala for the University of Delaware’s Weinberg Center for Corporate Governance on October 9, the Chair of the SEC, Paul Atkins, stated that “[t]he view ...

On October 7, 2025, the FDIC and the OCC jointly issued a proposal to define the term “unsafe or unsound practice” under section 8 of the FDIA (12 U.S.C. § 1818.

S&C is a finalist for three Financial Times ’ Innovative Lawyers Awards: “Innovative Lawyers in Dealmaking” for advising Discover in its $50.6 billion merger with Capital One, the largest combination ...

SEC provides welcome relief and clarity for issuers wishing to proceed with an IPO or other securities offerings on Form S-1 or F-1 during the shutdown.

The Sixth Circuit overturned a discovery order against FirstEnergy, reaffirming that internal investigations led by outside counsel are protected by attorney-client privilege. Sullivan & Cromwell ...

FDIC and OCC Issue NPR to Eliminate ‘Reputation Risk’ from Supervisory Programs ...

IRS Announces Intent to Partially Withdraw Previously Proposed Regulations and Provides Interim Guidance Including Revised Rules Governing Domestic Transactions, Troubled Companies and Acquiring ...

In a closely watched appeal for FirstEnergy with significant implications for companies and their counsel who regularly conduct corporate internal investigations, Sullivan & Cromwell persuaded the U.S ...