
Series
Supply Chain Management
Manufacturing companies are struggling to catch up with surging demand as the global economy begins to recover from the pandemic-related impacts on production across all industries. Facing widespread disruption of supply chains due to depleted inventories, skyrocketing transportation costs, and staffing shortages, companies have been forced to reevaluate their increasingly complex and often international supply chains. Contracts are being renegotiated, new supplier relationships are being formed, and just-in-time manufacturing models are being reconsidered. To assist our clients with these complex and critical issues, our lawyers from various practice areas come together to provide a holistic assessment of our clients’ supply chain risks, and develop strategies for preventing, responding to, and recovering from disruptions. We are pleased to provide a variety of thought leadership and resources to help keep you up to date on the latest supply chain trends and concerns. Check back often as we update this series regularly.
Thought Leadership
On Monday, 16 June 2025, the Senate Finance Committee released its version of the Section 899 retaliatory tax provisions that also are included in the “One Big Beautiful Bill Act” that was passed by the House of Representatives on 22 May 2025.
This alert describes the persons who would be subject to the changes contained in Code Section 899, the consequences of being subject to this proposed new Code section, and some of the impacts this provision would have on certain cross-border transactions.
Retaliatory tax provisions contained in H.R. 1, the “One Big Beautiful Bill Act” that recently passed the US House of Representatives, if enacted, would drastically impact common cross-border transactions, including US operations of foreign multinational groups and inbound investments.
On 22 June 2025, the Texas Responsible Artificial Intelligence Governance Act was signed into law by Governor Greg Abbott.