1. Home
  2. |Insights
  3. |Ban on Contractor Political Contributions Upheld

Ban on Contractor Political Contributions Upheld

Client Alert | less than 1 min read | 07.13.15

In Wagner v. FEC (July 7, 2015), the D.C. Circuit upheld the seventy-five-year-old ban on political donations by individual contractors to federal candidates and political parties. Despite the First Amendment and equal protection arguments the plaintiffs raised, the court held that the compelling interests that support the contribution ban – protection against quid pro quo corruption and defense of merit-based public administration – are "neither theoretical nor antiquated, but rather are grounded in unhappy experience stretching to the present day."


Contacts

Insights

Client Alert | 6 min read | 08.11.26

Lending Against Digital Assets: Five Key Takeaways for Lenders After a Year of Regulatory and UCC Change

Over the past 18 months, the federal banking agencies have clarified supervisory expectations for banks’ crypto-asset activities, and several of the largest U.S. banks have announced programs accepting Bitcoin and Ether as loan collateral. Separately, on June 3, 2026, New York’s enactment of the 2022 amendments to the Uniform Commercial Code took effect, changing the rules governing the perfection of a security interest in digital asset collateral in New York, the jurisdiction whose law governs most institutional credit documentation. Together, these developments may create significant opportunities for lenders navigating the complexities to comply with the newly enacted statutes. This alert surveys the current landscape, from regulatory permissibility and perfection through custody, structuring, and compliance, for institutions active in this market or considering entering it....