JD Supra Trade Law

Responsible Business Insights for 2026

Morrison & Foerster LLP and BSR released Episode 25 of their conversation series, discussing key themes in responsible business from 2025 and offering insights for businesses in 2026. The discussion covers driving measurable impacts amid regulatory complexity and emerging risks and opportunities.

UK Consults on Securitisation Framework Changes

The UK's FCA and PRA have published consultation papers proposing significant changes to the securitisation framework. The proposals aim to replace prescriptive due diligence requirements with a more principles-based approach, potentially impacting how investors assess credit risk, risk retention, and information availability. The consultation period is open for feedback.

Supreme Court Rules Trump Administration Lacked Authority to Impose Tariffs Under IEEPA

The U.S. Supreme Court ruled that the Trump administration did not have the authority under the International Emergency Economic Powers Act (IEEPA) to impose tariffs. This decision impacts importers and exporters who may be entitled to refunds for tariffs previously paid under this authority.

Supreme Court Tariff Decision Impacts Construction Costs

A Supreme Court decision striking down some tariffs has been followed by new 15% tariffs, creating ongoing uncertainty for construction costs and material pricing. The article discusses the impact on the construction industry and legal tools for managing payment disputes.

Supreme Court Invalidates IEEPA Tariffs

The Supreme Court has ruled that the President lacks the constitutional authority under the International Emergency Economic Powers Act (IEEPA) to impose tariffs. The decision, in cases involving Learning Resources, Inc. and V.O.S. Selections, Inc., invalidates previously levied tariffs. Businesses that paid these duties are advised to consult legal counsel regarding potential refund options.