The project is being led by Queen’s Law professor Samuel Dahan
Administrative
Fastest 5 Minutes: DOJ Guidance re DEI, White House AI Action Plan
This week’s episode covers developments involving DOJ’s guidance for federal funding recipients regarding DEI and the White House AI Action Plan, and is hosted by Peter Eyre, Katie Erno, and Matthew F. Ferraro. Crowell & Moring’s “Fastest 5 Minutes” is a biweekly podcast that provides a brief summary of significant government contracts legal and regulatory…
Is an IPO Window Opening for H2 2025?
Executive SummaryThe IPO market is showing encouraging signs of recovery in 2025, with 201 companies going public year-to-date compared to 225 for all of 2024. While deal volumes are increasing and aftermarket performance is strong, average deal sizes remain smaller than historical norms. Key sectors including AI, fintech, crypto, and defense tech are driving investor…
DOJ Targets Remote Patient Monitoring Company in $1.29M FCA Settlement
Remote patient monitoring (“RPM”) continues to see increased growth and evolution. With that industry growth, the government has begun to examine whether certain RPM models may have fraud and abuse concerns when others will not. To that end, on June 26, 2025, the Department of Justice (“DOJ”) announced that Health Wealth Safe, Inc. (“Health Wealth…
State AG News: Federal Funding and Deceptive Practices July 10-16, 2025
Each week, Crowell & Moring’s State Attorneys General team highlights significant actions that State AGs have taken. See our State Attorneys General page for more insights. Below are the updates from July 10-16, 2025:
Multistate
- A multistate coalition of 15 attorneys general announced that it is withdrawing its motion for a preliminary injunction in New
…
June 2025 Cybersecurity Developments Under the Trump Administration
This is the fifth blog in a series of Covington blogs on cybersecurity policies, executive orders (“EOs”), and other actions of the Trump Administration. The fourth blog is available here and our initial blog is available here. This blog describes key cybersecurity developments that took place in June 2025.
White House Issues New Cybersecurity…
Charting the Path Back to the Good Life: Unblocking the Innovation Markets in 2025

Silicon Valley is built on the promise of innovation, but for the better part of the past three years, the innovation economy has been in a coma. It all started with runaway inflation triggering the biggest hike in the price of money in a century. The era of “zero interest rate policy” and “quantitative easing”…
One Big Beautiful Bill Act makes $150B investment in Defense
As part of the One Big Beautiful Bill Act (“OBBBA”) signed into law by the President on July 4th, Congress made approximately $150 billion in appropriations to support defense and national security priorities. As detailed further below, OBBBA touches on many different defense industries and sectors—including the maritime industry, missile systems, space and satellite technologies,…
Ontario Human Rights Commission 2024–25 annual report touches upon AI impact assessments
Collaboration with Law Commission of Ontario aims to assist in evaluating AI’s effects on rights
Business & Legal Developments | July 2025

Friends,In last month’s newsletter, we discussed how nontraditional investors have been shifting their focus toward late-stage startups, and how climate-tech companies have been adapting to a tougher fundraising environment by exploring alternative markets.This month, we take a closer look at how venture capital (VC) investors are recalibrating their strategies in response to shifting global…