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House and Senate Pass Mental Health Parity Extension

Client Alert | less than 1 min read | 12.22.03

The House and Senate have each passed bills that would extend the applicability of the Mental Health Parity Act of 1996 ("MHPA") an additional year. The Senate version, S. 1929, passed by unanimous consent. MHPA, the provisions of which appear in Section 702 of ERISA, was scheduled to expire as of December 31, 2003. MHPA requires group health plans to provide annual and lifetime limits on mental health benefits that are identical to those provided by the plan for major medical benefits. Small employers-generally those with 50 or fewer employees-are exempt from MHPA's requirements.

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Client Alert | 6 min read | 07.09.26

EU Steel Overcapacity Regulation: New Permanent Measure in Force from 1 July 2026

The EU’s steel safeguard under Implementing Regulation (EU) 2019/159 expired on 30 June 2026 and has been replaced by a new permanent instrument — the EU Steel Overcapacity Regulation (Regulation (EU) 2026/1384) (the Regulation”). It imposes tariff-rate quotas and an out-of-quota duty, similarly to the steel safeguard measures that expired. The out-of-quota duty has been raised from 25% to 50% to minimize the risk of trade diversion. The Regulation reduces duty-free imports of 26 categories of steel products into the EU by an average of 47% compared with the quotas under the until recently applicable safeguard measures....