Commentaries on Critical Legal Issues in 2010

by Peter Atkins, for The Harvard Law School Forum at Harvard Law School, Febraury 5, 2010.

For the second year in a row, Skadden, Arps, Slate, Meagher & Flom LLP has published a collection of commentaries addressing what we see as critical legal issues and areas of focus by businesses and industry sectors likely to be in the forefront of the matters considered by the U.S. and global financial and business communities in the year ahead. Many of these are a direct or indirect product of the national and global financial and economic crises of the past two years. By far the most powerful force that will drive these issues and areas of focus in 2010 is the continuing activist response of governments around the world to the recent financial and economic crises.

Nowhere is this more clearly illustrated than by the dramatic intervention of the federal government in the U.S. with respect to fundamentals of its financial and economic systems. In this regard, two of the major thematic questions from 2009 that will continue to dominate and shape the business environment in 2010 and beyond are:

  • How will the federal government use, further broaden or change its newly expanded powers and presence, including in its role as regulator of financial institutions and markets and as a significant investor in the banking, insurance and auto industries?…(continue reading)
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