Automotive

Congress created a new framework around payment stablecoins but has done more than regulate a digital asset class—it has quietly set in motion a potential transformation of the regulation of core payment systems. 

The One Big Beautiful Bill Act makes major changes to the Internal Revenue Code’s clean energy tax provisions, particularly to the provisions that were extended, expanded, and established as part of the 2022 Inflation Reduction Act.

For all forms of dispute resolution, it is a case of “adapt or die.” Conventional domestic construction arbitration in the United Kingdom has all but vanished, with most construction disputes now resolved in adjudication.

Prior to Law No. 2 of 2025 Concerning the Dubai International Financial Centre (DIFC) Courts (New DIFC Courts Law)—a law which consolidates and updates the legal framework of the DIFC Courts—the DIFC Court of Appeal in Carmon Reestrutura-engenharia E Serviços Técnios Especiais, (Su) LDA v Antonio Joao Catete Lopes Cuenda [2024] DIFC CA 003 (Carmon) had confirmed that the DIFC Courts have jurisdiction to issue a freezing order in support of foreign court (or arbitral) proceedings even where the prospective judgment debtor has no assets in the DIFC.