While Treasury Secretary Yellen expects businesses to back the push for a global minimum tax, the U.S. Chamber of Commerce worries some still-ambiguous elements may disadvantage U.S. businesses.
She says J&J's shunting of baby-powder liabilities into a separate unit, then putting that entity in bankruptcy, allowed the company to clearly define how big its talc liabilities would be.
Data privacy and protection might be of increasing importance to regulators, investors and clients but most organizations don't currently include such topics in their ESG planning—including law firms.
