Volkswagen took a major step in its restructuring plans with the sale of its majority share in Everllence. (Pietro Zollin et al., Volkswagen Group). Volkswagen invested significantly in repositioning and strengthening Everllence before the sale, contributing to an increased evaluation. Id. The transaction illustrates how a large multinational corporation can use a private-equity investment to strategically restructure. (Stephen Wilmot et al., The Wall Street Journal). This article analyzes the structure of the transaction, why Volkswagen is restructuring, and what it means for Volkswagen’s future.

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On February 27, 2026, the IRS announced that it canceled its collective bargaining agreement with the National Treasury Employees Union (“NTEU”) following the Ninth Circuit Court of Appeals’ decision to remove the injunction preventing two Presidential Executive Orders from going into effect. (Jory Heckman, Federal News Network). The two executive orders state that certain federal agencies, such as the IRS, did not have a right to labor unions because it put national security at risk. Id. This article will discuss the reasoning behind the executive orders that pushed the IRS to cancel its union contract and how enforcing the orders effects federal employees.

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