Thought Leadership - Manatt, Phelps & Phillips, LLP

2023–24 California State Budget Finalized—At Least for Now

After around-the-clock weekend negotiations between Democratic legislative leaders and Governor Gavin Newsom, working against a looming June 30 constitutional deadline, leaders announced a budget agreement late Monday night.

Top Five Employment Issues Upon a Sudden Bank Failure

The sudden closure of a bank can create a host of ripple effects.

NYS Governor Hochul Delivers 2023 State of the State Address

On January 10, 2023, Governor Kathy Hochul delivered her second State of the State address, outlining her policy and fiscal agenda for the upcoming year.

Governor Newsom Proposes FY 2023–24 Budget

Yesterday, Governor Gavin Newsom unveiled his fifth January budget proposal, which would authorize $223.6 billion in general fund spending, a 3.6% decrease from current-year spending.

California’s Climate Blueprint: ‘Hope,’ Mandates and Few Details

Calling for foundational reforms in every sector of California’s economy, now the fourth largest in the world, the California Air Resources Board (CARB) on December 15, 2022, adopted the latest and most sweeping version of the “Scoping Plan.”

Employer Uncertainty Post-Dobbs

Five months after the Supreme Court’s Dobbs decision, employers across the country are still wrestling with the unknown consequences and risks of doing something or nothing to help their employees located in states where the procedure is illegal access legal abortion care.

Health Care Providers’ Role in Energy Conservation and Sustainability: A Guide to Driving Change

Health care leaders are operating in an environment of seismic change.

Famili Quoted in POLITICO on the Federal Climate of the Booming Cannabis Industry

Leader of Manatt@s Cannabis and CBD practice@Anita Famili spoke with POLITICO about how federal illegality is impacting cannabis businesses in states that have new recreational marijuana markets. In the article, Famili noted that marijuana companies are at a disadvantage when it comes to federal taxes, saying @the cost of doing business for weed companies is just much higher than any other...

2022–2023 State Budget Update

California legislators have passed a 2022–23 spending proposal. This year’s budget measure, Senate Bill 154, totals over 1,000 pages.

Manatt Advises HARTBEAT on Formation and $100M Financing

A Manatt team led by Entertainment Partner Sophia Yen advised HARTBEAT on the formation of the company and represented HARTBEAT in its $100 million capital raise led by private equity firm Abry Partners.HARTBEAT is a global, multi-platform media company resulting from the merger of Kevin Hart@s comedy brand Laugh Out Loud and film and television studio HartBeat Productions. The core Manatt deal...