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Cyber on the Hill

Client Alert | less than 1 min read | 02.08.12

President Obama in his State of the Union address warns of “the growing dangers of cyber-threats,” Congress presses ahead with cybersecurity legislation targeted for votes this month, and the SEC’s recent guidance identifies cyber threats as “material” risks for publicly traded companies.  At Crowell & Moring’s DC office on February 15, 2012, C&M’s David Bodenheimer will serve as moderator for the ABA’s “Cyber on the Hill” discussion featuring Rep. Jim Langevin (R.I.), Co-Founder and Co-Chairman of the House Cybersecurity Caucus, who will discuss the cyber threat’s effect on national and economic security, the path toward protecting national assets and promoting cybersecurity, and the role lawyers may play in this process.

Insights

Client Alert | 6 min read | 03.26.24

California Office of Health Care Affordability Notice Requirement for Material Change Transactions Closing on or After April 1, 2024

Starting next week, on April 1st, health care entities in California closing “material change transactions” will be required to notify California’s new Office of Health Care Affordability (“OHCA”) and potentially undergo an extensive review process prior to closing. The new review process will impact a broad range of providers, payers, delivery systems, and pharmacy benefit managers with either a current California footprint or a plan to expand into the California market. While health care service plans in California are already subject to an extensive transaction approval process by the Department of Managed Health Care, other health care entities in California have not been required to file notices of transactions historically, and so the notice requirement will have a significant impact on how health care entities need to structure and close deals in California, and the timing on which closing is permitted to occur....