Willkie Farr & Gallagher LLP

As the end of the year approaches, we recommend that you consider if it is an appropriate time to take advantage of the substitution power in your irrevocable grantor trusts. Many trusts include a provision that allows the grantor to substitute individually-owned assets for trust-owned assets of an equivalent value. Full background: https://lnkd.in/evdSC5fP

A Willkie team led by partners Wes Powell, Matt Basil and Jared Bartie was recognized by The AmLaw Litigation Daily with a “Shout Out” for a high profile win for collegiate athletic conference Mountain West Conference in a suit brought by members of San Jose State University’s women’s volleyball team and other Mountain West teams that played against SJSU. The suit sought to prohibit a transgender woman on the SJSU team from competing in MWC’s tournament and alter conference rules deeming any school’s refusal to play SJSU a forfeit. The Willkie team also included counsel Emerson W. Girardeau, III, and associates Autumn Adams-Jack, Jacey Norris, Emma Rosen, Chloe Smeltzer and William Weber.  Learn more: https://lnkd.in/ebWGKCRb

In October, the U.S. Securities and Exchange Commission continued its relatively high recent cadence of cybersecurity and crypto actions. Full background: https://lnkd.in/ebSPEGig

Welcome new partner Noah Pollak. Noah is a energy project finance attorney based in the Firm’s Washington, DC office. With nearly 20 years of energy industry experience, Noah focuses his multidisciplinary practice on project financing transactions in the power, renewable energy and digital infrastructure sectors. Learn more: https://lnkd.in/ePUkqBih

Welcome new partner Jeremy Bylund. Jeremy is a partner in Willkie's Litigation Department, where he is Chair of the Regulatory Litigation Practice Group and a member of the Firm’s Strategic Motions & Appeals Practice Group. He is based in the Washington, DC office. Learn more: https://lnkd.in/eRevkVnm

On November 22, 2024, the Division of Trading and Markets of the U.S. Securities and Exchange Commission expanded its relief with respect to Rule 15c2-11 under the Securities Exchange Act of 1934. Full background: https://lnkd.in/d_GFd_Mg

The 2024 Fall National Meeting of the National Association of Insurance Commissioners was held from November 16 to November 19, 2024 in Denver, Colorado. Full background: https://lnkd.in/ewVEfhYf

Adam Aderton, Kristy Littman and Erik Holmvik recently wrote an article for Harvard Law School Forum on Corporate Governance, covering key themes within the U.S. Securities and Exchange Commission in the fiscal year 2024 and summarizing several notable actions from August and September. Read the full article here: https://lnkd.in/eRpBF8WA

The California Department of Insurance has issued a public notice inviting interested parties to a workshop titled “Net Cost of Reinsurance and Ratemaking,” which will occur on December 5, 2024 at 10:00 a.m. PST. CDI has scheduled the workshop to seek input on its contemplated proposal to standardize treatment of reinsurance costs in property insurance ratemaking, and will receive both written comments prior to the workshop and oral comments during the session.   Full background: https://lnkd.in/e3zJah7q

On December 9-10, partners Anna Martini G. Pereira and Laura Friedrich will participate on panels as part of the 15th Private Equity Latin America Forum, hosted by Markets Group in São Paulo, Brazil. Learn more: https://lnkd.in/e5M-taWk