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The chemical industry is subject to complex and ever-evolving laws and regulations. New standards governing the production and use of chemicals are implemented every year worldwide, and existing laws and regulations are constantly changing to keep pace with new information and scientific advancements. Chemical Industry Regulatory Update provides a monthly digest of recent legislative and regulatory developments and related industry news.

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Executive Gathering in October at Wild Dunes Resort | Isle of Palms, SC

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ASC’s <a href="https://www.ascouncil.org/events/2024-executive-leadership-conference">Executive Leadership Conference</a> will be held October 21-23, 2024, at the Sweetgrass Inn, Wild Dunes Resort. This exclusive industry conference is designed to bring insights and perspectives that matter to CEOs, Senior VPs, Executives, and General Managers to help you stay ahead of the curve. You’ll hear from and interact with some of the most influential voices inside and outside our industry, some of whom you won’t hear anywhere else, including:

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Learn more <a href="https://www.ascouncil.org/events/2024-executive-leadership-conference">here</a>.

<a href="https://www.thompsonhine.com/professionals/edward-t-delisle/">Edward T. DeLisle</a>, <a href="https://www.thompsonhine.com/professionals/andres-m-vera/">Andrés M. Vera</a>

On August 23, the U.S. Small Business Administration (SBA) issued a proposed rule, “HUBZone Program Updates and Clarifications, and Clarifications to Other Small Business Programs” (Proposed Rule), in which it announces several pending changes that have serious implications for many of its small business programs, including the Historically Underutilized Business Zone (HUBZone), 8(a) Business Development, and Mentor-Protégé programs. <a href="https://www.thompsonhine.com/insights/key-changes-in-sbas-proposed-rule/">Read more</a>.

Yellow Is Seeing Red: Bankruptcy Court Invokes Loper Bright in Upholding PBGC Regulations

On September 13, the U.S. Bankruptcy Court for the District of Delaware issued a highly anticipated decision in the In re: Yellow Corporation, et al. bankruptcy that addressed objections to 11 multiemployer pension funds’ withdrawal liability claims totaling $6.5 billion, where those plans received billions in taxpayer-funded Special Financial Assistance (SFA) provided under the American Rescue Plan Act (ARPA) that was not included in plan assets for purposes of the withdrawal liability assessments based upon PBGC regulations. Objectors claim that if the SFA were included in plan assets, the withdrawal liability assessments would have been significantly lower. The decision marks the first time a court has invoked the U.S. Supreme Court’s landmark Loper Bright Enterprises v. Raimondo decision to uphold agency regulation of benefit plans and, if it stands, it may provide a roadmap for courts to defer to agency action notwithstanding the elimination of Chevron deference. <a href="https://www.thompsonhine.com/insights/yellow-is-seeing-red-bankruptcy-court-invokes-loper-bright-in-upholding-pbgc-regulations/">Continue reading</a>.

Read our Business Law Update to stay up to date on legal issues that impact public and private companies on a local, national, and global basis. Articles in this issue include insights on business perspectives, artificial intelligence, new ventures, labor &amp; employment and privacy &amp; cybersecurity. <a href="https://www.thompsonhine.com/insights/business-law-update-september-2024/">Read more</a>.

Check out the latest <a href="https://www.thompsonhine.com/insights/employment-legislation-outlook-october-2024/">Employment Legislation Outlook</a>. This monthly digest is designed to keep you apprised of upcoming major state law changes in areas including paid sick and safe leave laws, family and parental leave, recreational and medicinal marijuana use, workplace gun laws, asking candidates about salary history and unpredictable scheduling.

Looking for Adhesive &amp; Sealant Training?

ASC’s <a href="https://www.ascouncil.org/certificate-program">Training Academy Certificate Program</a> offers a convenient and cost-effective, web-based method of workforce training ideal for new or new to a role staff and professionals. A variety of flexible and affordable subscription options are available.

For more information, contact the editor, <a href="https://www.thompsonhine.com/professionals/devin-a-barry/">Devin A. Barry</a>, or any of the authors.

Chemical Industry Regulatory Update is compiled by Thompson Hine lawyers on behalf of <a href="https://urldefense.com/v3/__http:/links.thompsonhine.mkt4194.com/els/v2/jb8zcrZee3CN/V0xEOHV2WVlTYTA1WlFNMUdBQUFwL2xjTm1waDFVVXdza2tUTzhQWGMweXJLWGVIN0ExdjFwSU1oa25mOWJwcFZpUzdNdGJENkpqdmxVRlhISEJFa2FETWZKOWtLTDBlSE40S3h6TzZUVUdkVEZqdVZrVjVRUT09S0/__;!!OdqygGz-7UHvSw!o0KCj0bflICB57QieLixBTjYl3bpc66aBa39uVbDW7m7C7ZTmEINUnI38Lovnr1W7tmv1ClPo3khLdVpV5p6KUdBNQnCTQ$" target="_blank" rel="noreferrer noopener">The Adhesive and Sealant Council</a>. It should not be construed as legal advice, and the views and opinions expressed herein are those of the authors and do not necessarily reflect those of the ASC or its members.

Chemical Industry Regulatory Update – October 2024