Katten Muchin Rosenman LLP

Congratulations to Partner and Broker-Dealer Co-Chair Susan Light for being named a finalist for Best Mentor by the New York Law Journal in advance of the 2025 New York Legal Awards! Sue is known for her personalized and empathetic approach to mentoring, focusing on meeting mentees where they are in their personal and professional journeys. Read more here: http://bit.ly/45E3DDU

Starting Sept. 1, the Texas Telephone Solicitation Act will extend to text messages, carrying potential penalties of up to $5,000 per message. Published in The Texas Lawbook, Katten Partners James C. Bookhout and David Washburn, with Associate Reid Corbin, unpack the new registration requirements, narrow exemptions and litigation risks businesses must weigh before pressing “send.” Their article also spotlights how the statute’s expansion intersects with existing customer outreach and the prospect of class action exposure. Whether your organization operates in Texas or simply texts into the state, plan to refine compliance strategies ahead of the effective date. Read our full analysis to learn how to prepare for the updated law: http://bit.ly/4mDzlXN

The One Big Beautiful Bill Act (OBBBA) was recently enacted and makes numerous changes to the United States Internal Revenue Code of 1986. The OBBBA also makes permanent a number of key provisions of the Tax Cuts and Jobs Act of 2017 that were otherwise set to "sunset" at the end of 2025. It also introduces several new presidential priority items, international reforms and permanent extensions of tax incentives focused on individuals and small businesses. Read the advisory here: http://bit.ly/41oElHp #OBBBA

💡 Stay informed with the August issue of Katten's Privacy, Data and Cybersecurity Quick Clicks newsletter. This month's edition covers the Consumer Financial Protection Bureau's Personal Financial Data Rights Rule and the four issues it is seeking public comment on, the international reach of the UK Online Safety Act, The European Supervisory Authorities' recently published guide on the oversight of critical information and communications technology third-party service providers under the EU Digital Operational Resilience Act and the tokenization of real-world assets. Read the newsletter here: http://bit.ly/45PchhK

Chicago Real Estate Partner Jason Gorczynski and Associates Philip Piecuch and Loxley Gressle authored a Law360 article that provides practice tips for counsel who are managing mixed-use sports and entertainment districts from inception to completion. The article lays out considerations for forming acquisition vehicles, engaging with public entities, and navigating league rules and regulations. It also discusses different approaches to organizational structures that will compartmentalize league and nonleague assets or provide development flexibility. Read more: http://bit.ly/45XUODP #SportsLaw #RealEstate

Intellectual Property Partner and National Co-Chair of Katten’s Trademark/Copyright/Privacy Group Karen Artz Ash was interviewed by the World Textile Information Network (WTiN) about President Trump’s imposed tariffs and how they are impacting the US fashion industry’s brands, manufacturers and supply chain bodies. While Karen noted that supply chains have already been affected by unpredictability, changing costs and price-oriented production, and planning with retailers has become more difficult, she remains confident in the fashion industry’s resilience. “It has survived and even thrived through problems of every type, including world uncertainty, economic turmoil, terrorism, war, regime changes, strikes and [a global] pandemic,” she said. “In the end, industry leaders and other participants learn and change, adapting so they succeed.” Read more here: http://bit.ly/4g0QsR8

Financial firms are eyeing sports prediction markets as a new trading frontier, sparking debate between state gaming authorities and the CFTC over regulation. In conversation with Politico, Partner Carl Kennedy notes the high stakes and ongoing disputes, while companies push forward despite legal uncertainty. Read more here: http://bit.ly/47wLutd

The August edition of "UK Financial Insights from Katten" is out. Topics include how the UK EMIR reporting rules are evolving, The Bank of England and FCA are refining the UK derivatives reporting framework and more. Read the newsletter here: http://bit.ly/3VjZY88

Earlier this month, Katten was a sponsor at the 22nd Annual Whirlpool Community Charity Golf event. Our partners Kristin Achterhof, Chris Cole and Christopher Atkinson participated alongside Scott Dorfman, Senior Director of Global Legal Operations at Whirlpool Corporation. The event was a huge success – over 884 golfers participated and raised over $3 Million for Southwest Michigan Youth! #LifeAtKatten #KattenCares

Intellectual Property Partner Nathan Smith and Associate Anita Hodea authored an article for World Trademark Review about a landmark ruling that illustrates the material impact of the UK Supreme Court’s judgment in Sky plc v. SkyKick UK Ltd in infringement proceedings and clarifies how overbroad terms, particularly “computer software,” are likely to be treated. The High Court’s decision in trademark infringement claim Wise Payments Ltd v. With Wise Ltd & Ors indicates the English courts’ growing willingness to scrutinize filing strategies and invalidate or amend terms lacking genuine commercial justification. Read more: http://bit.ly/3UD1Ngc #IP #Litigation