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Fashion and the Need for Cross-Sector Sustainability Efforts Were on the Table at the G7 Summit

The Fashion Law

In a first of its kind event this weekend, CEOs from companies ranging from Stella McCartney and BNP Paribas to EY and Bank of America met with G7 leaders to “explore how the public and private sectors can work together with urgency to accelerate the transition towards a sustainable future.” As Jeanine Becker and David B.

Finance 94
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Retail Woes: A Running List of Fashion & Retail Bankruptcies

The Fashion Law

Alex and Ani filed a petition for Chapter 11 bankruptcy protection with the United States Bankruptcy Court for the District of Delaware on June 9, citing assets and liabilities that both range from $100 million to $500 million. Fashion and Retail-Related Bankruptcies. June 2021 – Alex and Ani. April 2021 – Collected Group.

Finance 125
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Regulations, Consolidation at Hand as Buy Now Pay Later Continues to Gain Steam Among Consumers

The Fashion Law

Square’s $29 billion acquisition of buy now, pay later (“BNPL”) pioneer Afterpay Ltd. is the latest in a string of bold signals that the BNPL market is booming, and more growth is on the horizon. million monthly active users, an increase of 204 percent year-over-year. . And the numbers at play are on the rise. Enter: Regulators.

Finance 79
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French Parliament Unanimously Votes in Favor of Gender-Focused Senior Manager Quotas, Reporting

The Fashion Law

Still yet, the proposed legislation establishes that it “intends to increase the financing of women’s entrepreneurship by introducing gender diversity objectives into [French investment bank] Bpifrance’s policy to support the creation and development of businesses.”. And in the U.S.,

Finance 54
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UK, France, Algeria call for urgent UNSC meeting on Gaza humanitarian crisis

JURIST

The United Kingdom announced that it, along with France and Algeria, has called for an urgent meeting at the United Nations Security Council (UNSC) to discuss the humanitarian situation in Gaza while the Prime Minister Keir Starmer said that the UK was considering sanctions on Israeli Ministers.

Finance 197
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Between a Rock and a Hard Place – Conflicting U.S. & EU Sanctions Policies Towards Iran

Customs & International Trade Law

Foreign Interference in a United States Election Sanctions. ?Global The United States has imposed restrictions on activities with Iran under various legal authorities since 1979, following the seizure of the U.S. Treasury Department’s Office of Foreign Assets Control (“OFAC”) administers a number of different sanctions programs.

Statute 59
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Is There Really a Fiduciary Duty to Destroy the Climate?

ClimateChange-ClimateLaw

1] Unfortunately, under what I will call the Maximization Model of fiduciary duty in the United States and many other jurisdictions, the answer is that there really is a fiduciary duty to destroy the climate when doing so will maximize profits for firms and investors. [1] This means that the leaders of U.S.

Statute 59