Cleared for Takeoff: FAA to Allow Commercial Unmanned Aircraft Systems Operations Later this Year
Client Alert | 1 min read | 07.30.13
On July 19, the FAA issued a Restricted Category type certificate to two small, unmanned aircraft systems (UAS) that permits aerial surveillance in the Arctic, a significant development that will pave the way for commercial UAS operations later this year (previously discussed here and here). Previous military use of the approved UAS helped facilitate FAA's action, which comes as an encouraging sign for aerospace manufacturers seeking new markets as well as other industries anticipating the emergence of civilian UAS, including agriculture, oil and gas exploration, law enforcement, and security.
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Client Alert | 6 min read | 06.09.26
Is Stock-a-palooza Over? Supreme Court allows SEC to Pursue Disgorgement
On June 4, 2026, the U.S. Supreme Court unanimously held that the U.S. Securities and Exchange Commission (SEC) can continue to pursue disgorgement as an equitable remedy in securities fraud cases without showing pecuniary loss by investors. The Court’s ruling in Sripetch v. SEC resolves a split between the U.S. Court of Appeals for the Second Circuit, which concluded that the SEC must demonstrate pecuniary loss, and the U.S. Courts of Appeals for the First and Ninth Circuits, which declined to require such a showing.
Client Alert | 2 min read | 06.09.26
Client Alert | 7 min read | 06.09.26
Client Alert | 11 min read | 06.08.26

