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OGE Issues Final Rule on Gifts

Client Alert | 1 min read | 11.22.16

The Office of Government Ethics has issued a final rule revising the Standards of Ethical Conduct for Employees of the Executive Branch applicable to the solicitation and acceptance of gifts from outside sources imposing a duty to decline otherwise permissible gifts when the appearance of impropriety is present, adding new examples of how to apply the rules, codifying previous interpretations of the gift rule, and retaining the $20 de minimis exception. In the rule, discussed more fully here, OGE says it will provide additional guidance and training as warranted.

Insights

Client Alert | 6 min read | 12.09.24

Eleven States Sue Asset Managers Alleging ESG Conspiracy to Restrict Coal Production

On November 27, 2024, a group of eleven state attorneys general (the “AGs”) sued three of the world’s largest asset managers (the “Asset Managers”), accusing them of anticompetitive stock acquisitions, deceptive asset management practices, and an antitrust conspiracy to restrict coal output. The states seek declaratory and injunctive relief including divestitures, as well as fines under state laws, although the allegations could provide a basis for follow-on private treble damages claims under the antitrust laws....