While COVID-19 represented a shock to the global economy, in the long run the pandemic may become a catalyst rather than a dampener of the growing popularity of sustainability-linked loans, which were developed to promote environmental, social and governance policies and practices. Sustainability-linked loans provide incentives to borrowers to achieve their ESG goals.

Former U.S. attorney Jessie K. Liu recently joined Skadden from her role overseeing the U.S. Attorney’s Office in Washington, D.C. Litigation partners Bradley A. Klein and Gregory M. Luce discussed with Jessie the Department of Justice’s current enforcement priorities, including some that may result in new False Claims Act risks for individuals and entities to consider heading into 2021.

The Biden campaign has put forth a variety of tax proposals that would retain the fundamental infrastructure of the Tax Cuts and Jobs Act but would, among other changes, raise the federal corporate income tax rate from the current 21 percent to 28 percent.