Law/Legal
Here's a look at documents from law firms and legal groups
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Troutman Pepper Issues Commentary: AI Token Costs and MD&A Disclosure
ATLANTA, Georgia, June 19 -- Troutman Pepper, a law firm, issued the following commentary on June 18, 2026, by partners David I. Meyers and David S. Wolpa:
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AI Token Costs and MD&A Disclosure
Key Points
* The shift from flat-fee AI subscriptions to usage-based, token pricing is creating a new category of operating cost that may be volatile, difficult to predict, and material to public companies' financial results.
* Public companies may need to disclose material AI token costs in their MD&As, including in discussions about period-over-period changes in expenses, known trends and Liquidity
... Show Full Article
ATLANTA, Georgia, June 19 -- Troutman Pepper, a law firm, issued the following commentary on June 18, 2026, by partners David I. Meyers and David S. Wolpa:
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AI Token Costs and MD&A Disclosure
Key Points
* The shift from flat-fee AI subscriptions to usage-based, token pricing is creating a new category of operating cost that may be volatile, difficult to predict, and material to public companies' financial results.
* Public companies may need to disclose material AI token costs in their MD&As, including in discussions about period-over-period changes in expenses, known trends and Liquidityand Capital Resources.
* Where management internally tracks AI usage metrics such as token consumption rates or per-employee AI spending, companies should evaluate whether those metrics constitute key performance indicators requiring disclosure and period-over-period analysis.
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Overview
The fast-changing economics of artificial intelligence (AI) use by public companies will require public companies' disclosure obligations to change with them. AI model providers, including Anthropic, OpenAI, Microsoft, and Salesforce, are moving away from flat-fee, unlimited-access subscription models toward usage-based pricing measured in tokens. A "token" is the basic unit of AI computing. The result is a new category of operating cost that may be volatile, difficult to predict, and already producing material financial surprises for many public companies across a host of industries.
For public companies and their legal, finance, and accounting teams, the implications extend well beyond the information technology department. The shift to token-based AI pricing may create direct disclosure obligations under the Management's Discussion and Analysis (MD&A) requirements of Item 303 of Regulation S-K (Item 303) promulgated under the Securities Exchange Act of 1934, as amended, as they apply to public companies' periodic reports on Forms 10-Q and 10-K, as well as long-form registration statements on Form S-1.
AI Token Costs Rise
Recent reporting makes clear that AI token costs are no longer a theoretical concern. Major financial media publications report that companies are now exceeding their annual AI budgets in as few as three months, with token usage exploding as employees and autonomous "agentic" AI systems consume computing resources at unprecedented rates. A KPMG survey cited recently by The Wall Street Journal found that only 26% of companies report having a comprehensive view of their AI costs, while 22% report having no visibility at all, or visibility only after receiving a bill. KPMG is also reported to have indicated it is working with clients whose token usage has increased sixfold this year.
"Tokenmaxxing," which is the practice of employees using as much AI computing as possible to appear AI-forward, has added further unpredictability to company AI budgets, with workers at some companies reportedly burning hundreds of thousands of dollars per month in tokens, sometimes using expensive premium-tier AI models to answer simple questions. For this reason, many companies are now instead beginning to take steps to monitor, ration, or even curtail employee AI usage in response to spiraling costs.
MD&A Impacts
The MD&A provisions of Item 303 require public companies to provide investors with a management's eye view of the company's financial condition and results of operations. The objective of MD&A is to provide material information relevant to an assessment of the financial condition and results of operations of such company, including an evaluation of the amounts and certainty of cash flows from operations and from outside sources. This includes descriptions and amounts of matters that have had a material impact on reported operations, as well as matters that are reasonably likely to have a material impact on future operations. Companies are directed to focus specifically on material events and uncertainties known to management that are reasonably likely to cause reported financial information to not necessarily be indicative of future operating results or of future financial condition. In short, MD&A is meant to be a narrative description of changes in the company's financial statements from period to period.
Results of Operations -- Increase in Expenses
The increased expenses incurred with AI token costs may have a material impact on a company's income statement. Different companies may account for AI token costs differently. For example, some companies may account for token costs in costs of revenue, while others may account for them as general and administrative (G&A) costs. For other companies, AI token costs might be accounted for research and development (R&D) expenses. For example, AI has started to significantly affect biopharmaceutical and biotechnology companies by rapidly transforming the drug development process, enhancing and speeding target identification, molecular design, clinical trials optimization, and regulatory processes -- these companies are likely to record AI token costs as R&D expenses.
In any case, the increased costs are likely to impact many companies' income statements, and management will be expected to discuss the reasons for these changes from period to period in quantitative and qualitative terms.
The MD&A rules also require public companies to describe any known trends or uncertainties that have had or are reasonably likely to have a material favorable or unfavorable impact on net sales, revenues, or income from continuing operations. This also requires disclosure of known events that are reasonably likely to cause a material change in the relationship between costs and revenues. This could include known or reasonably likely future increases in costs of materials or services, even if those changes have not yet fully materialized.
The "reasonably likely" threshold requires a two-part assessment: (1) whether the trend, demand, event, or uncertainty is reasonably likely to occur; and (2) if it were to occur, whether it would be reasonably likely to have a material effect on future results. If management concludes that the trend, demand, event, or uncertainty is not reasonably likely to occur, no disclosure is required. If, however, it cannot make such a determination, disclosure would be required unless management determines that a material effect is not reasonably likely to occur. For many public companies, the shift from flat-fee AI subscriptions to usage-based AI token pricing, if combined with accelerating growth in AI adoption across operations, may satisfy both prongs of this standard. Where AI costs have already impacted operations (as may already be the case for many companies), companies must address those impacts in the period-over-period discussion of results. Where the full impact is still unfolding, the MD&A requirement to disclose known trends and uncertainties will compel prospective disclosure of the anticipated effects.
Liquidity and Capital Resources -- Less Available Cash
Public companies must also identify any known trends, demands, commitments, events, or uncertainties that are reasonably likely to result in the company's liquidity increasing or decreasing in any material way. Companies that have made, or are contemplating making, significant AI investments, or that face significant open-ended AI token consumption by their workforce, should assess whether those commitments warrant discussion in the Liquidity and Capital Resources section of their MD&A, as these costs could result in materially less cash on hand as of the end of each relevant balance sheet date.
Key Performance Indicators and Metrics
The SEC's interpretive guidance has long emphasized that MD&A is not merely a restatement of financial statement data; it must include analysis of the underlying causes and implications of material changes. Where management is internally tracking AI usage metrics (such as AI token consumption rates, per-employee AI spending, or AI return-on-investment metrics), companies should evaluate whether those metrics constitute key performance indicators (KPIs) that are used to manage the business and that investors would find material. If so, disclosure and period-over-period analysis of those metrics may be required.
Practical Implications for Form 10-K and Form 10-Q Filers
Against this backdrop, public companies should consider taking the following steps as they prepare their next quarterly and annual reports:
1. Assess materiality of AI costs now. Finance and legal teams should work with IT and operations to understand the company's current AI spending, the trajectory of AI token consumption, and whether those costs have had or are reasonably likely to have a material impact on results of operations. Companies that have already seen unexpected cost spikes or budget overruns should treat this as a disclosure-relevant event.
2. Evaluate the cost structure shift. The move from subscription-based to usage-based AI pricing is already significantly altering the cost structure of AI adoption and use. Even if costs to date have been modest, companies should assess whether the foreseeable growth in AI usage on a metered-pricing basis is reasonably likely to produce material future cost increases requiring current or prospective disclosure.
3. Review internal AI governance and monitoring practices. A company's ability to prepare meaningful and accurate disclosure about AI costs depends on having internal visibility into those costs. As noted above, according to the widely reported KPMG survey, only 26% of companies currently report comprehensive visibility into AI spending. If these costs are or become material, then it is imperative that companies put adequate disclosure controls and procedures in place to measure, understand and prepare disclosure regarding AI expenses.
4. Coordinate across legal, finance, and IT. MD&A disclosure about AI costs is likely not a question that can be answered by any single department. Legal, finance, accounting, and technology teams must collaborate to ensure that material AI cost developments are identified, assessed, and reflected in periodic filings on a timely basis, both as part of effective disclosure controls and procedures and to ensure that investors are informed of material events and trends affecting the financial results and financial condition of the company.
Conclusion
The era of unlimited, low-cost AI experimentation is giving way to a more disciplined environment in which AI token consumption is becoming a significant and often unpredictable operating cost. For public companies, this shift carries direct implications for MD&A disclosure in Forms 10-Q and 10-K periodic reports, as companies must discuss material changes in operating results from period to period, including changes in expenses, and companies must disclose known trends and uncertainties that are reasonably likely to materially affect results of operations or the relationship between costs and revenues. To the extent that the shift to usage-based AI pricing leads to simultaneously larger and more unpredictable material expenses, disclosure under either, or both, of these frameworks may be needed. Public companies should actively monitor their AI token spending and, should these costs become material on an aggregate basis or in relation to any particular expense category, be prepared to craft appropriately tailored disclosures that satisfy their disclosure obligations and to manage investor expectations.
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David I. Meyers
Partner
Richmond
david.meyers@troutman.com
804.697.1239
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David S. Wolpa
Partner
Charlotte
Chicago
david.wolpa@troutman.com
704.916.2375
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Original text here: https://www.troutman.com/insights/ai-token-costs-and-mda-disclosure/
[Category: BizLaw/Legal]
Lynn Linne Receives MSBA Distinguished Service Award
MINNEAPOLIS, Minnesota, June 19 -- Fredrikson and Byron, a law firm, issued the following news on June 17, 2026:
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Lynn Linne Receives MSBA Distinguished Service Award; Jennifer Pusch and Dylan Saul Elected to Tax Section Leadership
Fredrikson shareholder Lynn S. Linne was honored by the Minnesota State Bar Association (MSBA) Tax Law Section at the Annual Judges Conference on June 10, 2026, in St. Paul. Linne, a member of the Section Council since 2017, was presented with the 2026 Jack Carlson Memorial Distinguished Service Award, recognizing her outstanding accomplishments and dedication
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MINNEAPOLIS, Minnesota, June 19 -- Fredrikson and Byron, a law firm, issued the following news on June 17, 2026:
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Lynn Linne Receives MSBA Distinguished Service Award; Jennifer Pusch and Dylan Saul Elected to Tax Section Leadership
Fredrikson shareholder Lynn S. Linne was honored by the Minnesota State Bar Association (MSBA) Tax Law Section at the Annual Judges Conference on June 10, 2026, in St. Paul. Linne, a member of the Section Council since 2017, was presented with the 2026 Jack Carlson Memorial Distinguished Service Award, recognizing her outstanding accomplishments and dedicationto the tax community. The MSBA Tax Section started the award in 1991 to honor lawyers who exemplify extraordinary tax competence, professionalism and contributions to the tax community.
Linne is a property tax attorney focused on valuation based disputes and property tax exemption matters. She regularly assists clients in reducing assessed values across a wide range of property types, including industrial, office, retail, hotel, and special purpose properties. Linne assists clients with all of their property tax related needs, including valuation appeals, utility property tax appeals, and exemption applications and appeals. She also represents clients in all stages of controversy, including audits, administrative appeals and litigation relating to all state and local tax types. Lynn is licensed in both Minnesota and Wisconsin, and has successfully represented clients before local administrative agencies, the Minnesota Tax Court, the Minnesota Supreme Court, and Wisconsin Circuit Courts. She is also a council member and the past-chair of the Minnesota State Bar Tax Section.
Additionally, Fredrikson shareholder Jennifer R. Pusch was elected chair of the MSBA Tax Section Council, and Fredrikson associate Dylan B. Saul was elected vice chair of the MSBA Tax Section Council.
Pusch advises on energy tax credits, including those impacted by the Inflation Reduction Act and the OBBBA, and advises on state and local taxation of renewable energy projects. Pusch also represents clients in all types of tax disputes and controversies, including federal and state audits, administrative appeals litigation and property tax appeals. Pusch serves clients from a variety of industries including renewable energy development (wind, solar, energy storage, RNG, waste-to-energy, geothermal), construction, manufacturing, computer software, healthcare, restaurants and retail.
Saul has experience conducting legal research and guiding clients through tax disputes and controversies, including audits, administrative appeals and litigation. Among other things, he assists with corporate income and franchise tax disputes, complex SALT matters, offers in compromise, sales and use taxes, and property tax appeals.
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Fredrikson & Byron is a leading Midwest law firm working collaboratively to help businesses achieve their goals regionally, nationally and globally. With a reputation as the firm "where law and business meet," our attorneys bring business acumen and entrepreneurial thinking to work with clients and operate as business advisors and strategic partners as well as legal counselors. The firm's 400+ attorneys serve clients from offices in Minnesota, Iowa, North Dakota, Wisconsin, Mexico and China. Learn more at fredlaw.com or LinkedIn.
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Original text here: https://www.fredlaw.com/news-lynn-linne-receives-msba-distinguished-service-award-jennifer-pusch-dylan-saul-elected-to-tax-section-leadership
[Category: BizLaw/Legal]
Hooper, Lundy and Bookman Issues Commentary: California's July 1 Health Care Minimum Wage Increases And Their Impact On Exempt Employee Salary Thresholds
LOS ANGELES, California, June 19 -- Hooper, Lundy and Bookman, a law firm, issued the following commentary on June 18, 2026, by associate Michael Shimada:
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California's July 1 Health Care Minimum Wage Increases And Their Impact On Exempt Employee Salary Thresholds
On July 1, 2026, the next round of scheduled increases under California's health care worker minimum wage law (SB 525) takes effect. Many provider organizations have prepared for the direct hourly wage impact. Fewer have focused on a knock-on effect that warrants attention: the minimum wage increase also changes the minimum annual
... Show Full Article
LOS ANGELES, California, June 19 -- Hooper, Lundy and Bookman, a law firm, issued the following commentary on June 18, 2026, by associate Michael Shimada:
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California's July 1 Health Care Minimum Wage Increases And Their Impact On Exempt Employee Salary Thresholds
On July 1, 2026, the next round of scheduled increases under California's health care worker minimum wage law (SB 525) takes effect. Many provider organizations have prepared for the direct hourly wage impact. Fewer have focused on a knock-on effect that warrants attention: the minimum wage increase also changes the minimum annualsalary required to classify nurse practitioners (NPs) and physician assistants (PAs) as exempt employees. This change will most directly impact part-time NP and PA arrangements.
Table: New Minimum Wage Rates
SB 525 created four separate minimum wage schedules with rates that vary by facility category. The table below summarizes the minimum wage for each category before and after July 1, 2026
New Exempt Salary Thresholds for NPs and PAs
California requires an employee classified as exempt under the executive, administrative, or professional exemption earn a monthly salary equivalent to at least two times the state minimum wage for full-time employment. In 2026, with the state minimum wage at $16.90 per hour, this formula yields an annual salary floor of $70,304.
SB 525 layered on a second formula for employees of covered health care facilities: a covered exempt employee must earn a salary at least equal to the greater of: (1) 150% of the applicable health care worker minimum wage for full-time employment; and (2) 200% of the state minimum wage.
The upcoming July 1 minimum wage increase pushes the health care worker exempt salary threshold above the general $70,304 floor for several facility categories. The new thresholds work out as follows:
* Large health systems, dialysis clinics, and large-county facilities ($25/hour): $78,000/year (150% x $25 x 2,080 hours).
* All other covered facilities, including physician groups with 25+ physicians ($23/hour): $71,760/year (150% x $23 x 2,080 hours).
* Community clinics and similar clinics ($22/hour): $68,640 under the health care formula, but the general $70,304 floor still controls.
Impact on Part-Time NPs and PAs
For full-time NPs and PAs in California, the new thresholds are likely a non-issue because market salaries typically exceed $78,000. The exempt salary increase primarily impacts part-time NPs and PAs, who employers often classify as exempt. California law requires that the exempt salary minimum be calculated as though the employee works 40 hours per week, and the California Division of Labor Standards Enforcement has long taken the position that the minimum salary cannot be prorated for part-time work. In other words, regardless of the number of hours a part-time employee actually works, that employee's salary must still meet or exceed the exempt salary threshold in order to qualify for exempt status under California law.
Take, for example, a 0.5 FTE NP employed by a physician group with 25+ physicians. Assume that NP currently makes $70,304 per year because the physician group employer set the NP's wage at the current exempt salary minimum. Beginning July 1, that NP must make an annual salary of at least $71,760 to remain eligible for exempt status.
Key Takeaways
Covered health care employers should consider taking the following steps before July 1, 2026:
* Identify Applicable Wage Rates: Check whether any of the new health care worker minimum wage rates apply to your employees and, if so, identify whether you need to make any corresponding changes to (1) employees' hourly wages or (2) part-time exempt employees' annual salaries.
* Reclassify As Needed: If it is not practical to pay a part-time NP or PA the new exempt salary minimum, you should reclassify that employee as non-exempt and implement appropriate timekeeping, overtime, and meal and rest period compliance.
For further information or questions regarding California's health care minimum wage requirements, please contact Michael Shimada or your regular HLB contact.
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Professional
Michael Shimada
Associate
San Francisco
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Original text here: https://hooperlundy.com/californias-july-1-health-care-minimum-wage-increases-and-their-impact-on-exempt-employee-salary-thresholds/
[Category: BizLaw/Legal]
Haynes Boone Secures Sweeping Commercial Division Victories in $100+ Million Noteholder Dispute
DALLAS, Texas, June 19 -- Haynes and Boone, a law firm, issued the following news release:
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Haynes Boone Secures Sweeping Commercial Division Victories in $100+ Million Noteholder Dispute
Haynes Boone secured two significant victories in the Supreme Court of the State of New York, Commercial Division, on behalf of Jasper Lake Ventures One LLC, Redwood Enhanced Income Corp., Liminality Partners LP and Solel-Bioceres SPV, L.P. in a secured-note enforcement action against Bioceres Crop Solutions Corp. and affiliated guarantor entities.
The court granted the noteholders' motion for partial
... Show Full Article
DALLAS, Texas, June 19 -- Haynes and Boone, a law firm, issued the following news release:
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Haynes Boone Secures Sweeping Commercial Division Victories in $100+ Million Noteholder Dispute
Haynes Boone secured two significant victories in the Supreme Court of the State of New York, Commercial Division, on behalf of Jasper Lake Ventures One LLC, Redwood Enhanced Income Corp., Liminality Partners LP and Solel-Bioceres SPV, L.P. in a secured-note enforcement action against Bioceres Crop Solutions Corp. and affiliated guarantor entities.
The court granted the noteholders' motion for partialsummary judgment on liability and denied the defendants' motion for leave to assert additional amended counterclaims and third-party claims. The rulings confirm the enforceability of the noteholders' rights under the governing financing documents and move the case toward a determination of damages, interest, premiums, fees and related relief.
Haynes Boone Partner Lauren Coppola led the litigation team and argued the motions before the court. Counsel Eric Lindenfeld led the briefing on the successful motions and related proceedings, while Partner Greg Kramer advised the noteholder group on pre-default negotiations and strategy.
The litigation concerns more than $100 million in accelerated obligations, along with default interest, contractual premiums, fees and costs. The noteholders alleged that Bioceres and affiliated entities defaulted under the governing note documents, including by breaching indebtedness and financial covenants, making false representations in amendments to the financing documents and failing to satisfy accelerated obligations after notice.
"These decisions are an important result for our clients and a significant step forward in the enforcement process," Coppola said. "The court's rulings keep the case focused on the parties' negotiated agreements, the noteholders' contractual enforcement rights and the consequences of default."
The victories build on the firm's earlier success in the matter, when Haynes Boone secured an emergency temporary restraining order and collateral-preservation relief in December 2025 to help prevent dissipation of pledged assets while enforcement proceedings continued.
Kramer, who led the transaction team responsible for drafting a key pre-default amendment to the governing documents and overall enforcement strategy, said the rulings highlight the importance of carefully crafted financing documents.
"These decisions reinforce the value of clear, thoughtful drafting," Kramer said. "When disputes arise, well-constructed credit documents can provide certainty for all parties and help ensure that lenders are able to enforce the rights and remedies they negotiated."
Haynes Boone's Trials Practice Group delivers strategic, high-stakes advocacy before juries, judges and arbitrators across a wide range of industries. The team is known for its meticulous preparation, persuasive courtroom presentation and ability to handle complex, high-value disputes. The firm's Litigation Department worked alongside Haynes Boone's Capital Markets and Securities Practice Group, which plays a leading role in IPOs, reverse mergers, acquisitions, follow-on offerings and PIPE financings across sectors including technology, life sciences, energy and financial services.
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Original text here: https://www.haynesboone.com/news/press-releases/haynes-boone-secures-sweeping-commercial-division-victories-in-$100-million-noteholder-dispute
[Category: BizLaw/Legal]
Former Justice of the Mexican Supreme Court Margarita Rios-Farjat Joins Holland & Knight in Mexico
MIAMI, Florida, June 19 -- Holland and Knight, a law firm, issued the following news release:
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Former Justice of the Mexican Supreme Court Margarita Rios-Farjat Joins Holland & Knight in Mexico
MEXICO CITY and MONTERREY, MEXICO - Holland & Knight is pleased to welcome Margarita Rios-Farjat, Ph.D., as a partner in the Firm's Mexico City and Monterrey offices. Ms. Rios-Farjat has a long and distinguished career as a jurist and public servant in Mexico, having most recently served as Justice of the Supreme Court of Mexico from 2019 to 2025. Prior to her appointment to the Supreme Court, Ms.
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MIAMI, Florida, June 19 -- Holland and Knight, a law firm, issued the following news release:
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Former Justice of the Mexican Supreme Court Margarita Rios-Farjat Joins Holland & Knight in Mexico
MEXICO CITY and MONTERREY, MEXICO - Holland & Knight is pleased to welcome Margarita Rios-Farjat, Ph.D., as a partner in the Firm's Mexico City and Monterrey offices. Ms. Rios-Farjat has a long and distinguished career as a jurist and public servant in Mexico, having most recently served as Justice of the Supreme Court of Mexico from 2019 to 2025. Prior to her appointment to the Supreme Court, Ms.Rios-Farjat served as head of Mexico's Tax Administration Service (Servicio de Administracion Tributaria or SAT).
"We are excited to welcome Margarita to Holland & Knight. She is widely respected for her exceptional career as a jurist, public servant and adviser, bringing unparalleled experience in constitutional, tax and regulatory matters in Mexico," said Luis Rubio, executive partner of Holland & Knight's Mexico City office. "While Margarita joined us six months ago, she has already integrated seamlessly into the Firm and is making a meaningful impact across our practices and strengthening our capabilities."
"Margarita is a jurist of the highest caliber and a tremendous asset for the Firm and for our clients across Latin America," said Roberto Pupo, co-chair of Holland & Knight's Latin America Practice Group. "Her arrival significantly strengthens our Latin America Practice and deepens our ability to advise on complex matters in the region."
Ms. Rios-Farjat has extensive knowledge and experience in constitutional and tax law, particularly as it relates to the intricate landscape of Mexican legislation and regulatory frameworks, which allows her to provide practical advice in connection with a broad range of matters, including administrative matters, government regulation, compliance issues, tax planning and disputes, financial regulation, arbitration, insolvency and bankruptcy proceedings, international judicial cooperation, and complex commercial transactions and disputes. In addition, she has a significant background in human rights and has provided strategic guidance to a wide range of companies, public and private universities, judicial bodies and civil organizations, including nonprofit organizations, on matters of transparency, accountability, corporate governance, the rule of law and the new judicial structure.
"I am honored to join Holland & Knight, a firm whose commitment to excellence and international reach aligns with my desire to provide the highest quality legal counsel. I am pleased to apply my experience to help clients navigating complex legal challenges and continue to help strengthen the rule of the law and economic growth in Mexico," Ms. Rios-Farjat said. "I look forward to contributing to the Firm's already outstanding Latin America Practice and continuing my lifelong commitment to the rule of law, the advancement of human rights and the delivery of high-value legal services to drive business growth, convinced that these three factors lead to regional prosperity."
At the Supreme Court, she also served as president of the First Chamber (family, civil, commercial, criminal and administrative matters) during 2021 and 2022. Furthermore, as a justice, Ms. Rios-Farjat headed a team responsible for developing the pioneering artificial intelligence (AI) tool known as "Sor Juana," designed to clarify and communicate court decisions to the public in plain language. This innovative AI solution was honored with two prestigious national awards from the Federal Telecommunications Institute (IFT) and National Institute for Access to Information (INAI) and was also internationally recognized by the United Nations Special Rapporteur on Human Rights.
Additionally, during her tenure as head of Mexico's Tax Administration Service, Ms. Rios-Farjat led a comprehensive, decisive and well-designed strategy to combat tax evasion and promoted a vision to strengthen tax compliance culture, transparency and formalization under a framework of fair and equitable taxation treatment.
It is also worth noting that before her public service career, Ms. Rios-Farjat practiced at a global law firm for several years and later led her own practice, focused on civil, commercial, tax and administrative matters, bankruptcy, as well as transnational litigation, including cross-border service of process, recognition and enforcement of foreign judgments and arbitral awards.
Ms. Rios-Farjat received a doctorate degree in public policy from Tecnologico de Monterrey and an LL.M. degree in Tax Law and J.D. degree from the Universidad Autonoma de Nuevo Leon.
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Original text here: https://www.hklaw.com/en/news/pressreleases/2026/06/former-justice-of-the-mexican-supreme-court-margarita-rios-farjat
[Category: BizLaw/Legal]
Foley Hoag Recognized by BTI for Exceptional Client Service
BOSTON, Massachusetts, June 19 -- Foley Hoag, a law firm, issued the following news on June 18, 2026:
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Foley Hoag Recognized by BTI for Exceptional Client Service
Foley Hoag has once again been included in the BTI Client Service A-Team 2026, an annual list of law firms that deliver elite client service.
The Client Service A-Team is generated from the results of BTI's Annual Survey of General Counsel, and is based on 17 objective ranking factors that indicate superior client service.
Foley Hoag was featured on the BTI Client Service 100 list, which recognizes the top 100 midsized and
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BOSTON, Massachusetts, June 19 -- Foley Hoag, a law firm, issued the following news on June 18, 2026:
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Foley Hoag Recognized by BTI for Exceptional Client Service
Foley Hoag has once again been included in the BTI Client Service A-Team 2026, an annual list of law firms that deliver elite client service.
The Client Service A-Team is generated from the results of BTI's Annual Survey of General Counsel, and is based on 17 objective ranking factors that indicate superior client service.
Foley Hoag was featured on the BTI Client Service 100 list, which recognizes the top 100 midsized andsmaller firms delivering superior client service.
This recognition underscores the firm's commitment to excellence in client service and position as a trusted advisor in the legal community.
Learn more about the Client Service A-Team 2026 here (https://bticonsulting.com/bti-client-service-a-team-2026).
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Original text here: https://foleyhoag.com/news-and-insights/news/2026/june/foley-hoag-recognized-by-bti-for-exceptional-client-service/
[Category: BizLaw/Legal]
Fisher Phillips Issues Insight: Mexico Launches the "Red Card Against Child Labor" Campaign for the 2026 World Cup
ATLANTA, Georgia, June 19 -- Fisher Phillips, a law firm, issued the following insight on June 18, 2026:
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Mexico Launches the "Red Card Against Child Labor" Campaign for the 2026 World Cup
Mexico is using the global stage of the 2026 World Cup to amplify its Red Card Against Child Labor initiative, an international effort aimed at raising public awareness and strengthening measures to prevent child labor exploitation throughout the country. The campaign started May 12 and will run through July 12, leveraging the social and media impact of soccer and the 2026 World Cup to deliver a clear
... Show Full Article
ATLANTA, Georgia, June 19 -- Fisher Phillips, a law firm, issued the following insight on June 18, 2026:
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Mexico Launches the "Red Card Against Child Labor" Campaign for the 2026 World Cup
Mexico is using the global stage of the 2026 World Cup to amplify its Red Card Against Child Labor initiative, an international effort aimed at raising public awareness and strengthening measures to prevent child labor exploitation throughout the country. The campaign started May 12 and will run through July 12, leveraging the social and media impact of soccer and the 2026 World Cup to deliver a clearmessage: there is no place for child labor in Mexico. Here's what employers should know about the campaign, including ways to join the cause.
Business, Union, and Social Participation
The Ministry of Labor and Social Welfare (STPS), the Ministry of Tourism (SECTUR), and the International Labour Organization (ILO) jointly launched the Red Card Against Child Labor campaign in Mexico last month, aiming to prevent and eradicate child labor exploitation.
At the launch event, STPS Secretary Marath Baruch Bolanos Lopez emphasized that "the Government of Mexico maintains a firm commitment to eradicating child labor through public policies grounded in humanism and social welfare, in line with President Claudia Sheinbaum's vision." He further noted that "soccer and the 2026 World Cup represent a historic opportunity to raise awareness and send a clear message: in Mexico, there is zero tolerance for child labor."
SECTUR Secretary Josefina Rodriguez Zamora stated that the tourism sector "is working alongside the Ministry of Labor and Social Welfare to strengthen the protection of children and adolescents in tourism, through the updating and digitalization of the National Code of Conduct, which has expanded its reach to a broader range of service providers." She also announced that a protocol is being developed to prevent, identify, and address potential cases of child exploitation at tourist destinations, particularly in preparation for the FIFA World Cup.
Pedro Americo Furtado de Oliveira, Director of the ILO Country Office for Mexico and Cuba, highlighted that "the red card represents a boundary and a collective decision to declare that certain realities can no longer be tolerated. From Mexico, we want to send a clear message: child labor has no place in the present or in the future we want to build."
The initiative encompasses cultural, sporting, and institutional activities, and counts on the participation of trade unions, business organizations, and civil society.
Child Labor in Mexico: Key Facts
According to the 2022 National Survey on Child Labor (ENTI), Mexico's population includes about 28.4 million children and adolescents between the ages of 5 and 17. Of these, 3.7 million - representing 13.1% - were engaged in child labor. Among this population:
* 48.6% were engaged in prohibited occupations
* 42.9% performed domestic chores under inadequate conditions
* 8.5% were in both situations simultaneously
The survey also sheds light on the family context of children and adolescents in child labor situations:
* 53.5% lived in two-parent households with children
* 13.4% lived with a single parent
* 33.0% resided in households composed of both parents, siblings, and other individuals
At the global level, the ILO and UNICEF estimate that 138 million children and adolescents are engaged in child labor worldwide, of whom 54 million are involved in hazardous work.
The Red Card Against Child Labor campaign invites the public to join the cause by sharing photographs holding a red card on social media using the hashtags #FinAlTrabajoInfantil and #EndChildLabour.
Employer Takeaway
The campaign aims to create public awareness, but it also serves as a compliance reminder for employers doing business in Mexico. Consider taking proactive steps now to review your child labor prevention practices, audit vendor and contractor relationships, and review supply chains to help ensure they are not directly or indirectly connected to risks. Be sure managers are trained to identify and escalate potential concerns, and consider participating in awareness efforts as the 2026 World Cup continues.
Conclusion
For more information, reach out to your Fisher Phillips attorney or the author of this Insight. Fisher Phillips Mexico is at your service to assist you with any questions related to this topic, as well as with any matter in labor law. Make sure you are subscribed to Fisher Phillips' Insight System to have the most up-to-date information sent directly to your inbox.
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Related People
German de la Garza De Vecchi
Regional Managing Partner
+55 4186 8175
gdelagarza@fisherphillips.mx
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Original text here: https://www.fisherphillips.com/en/insights/insights/mexico-launches-the-red-card-against-child-labor-campaign
[Category: BizLaw/Legal]
