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On January 16th, the International Atomic Energy Agency verified that Iran had met its nuclear commitments to the United States and Europe. With that, years of economic sanctions against Iran were suddenly relaxed.

But if your business is rushing to open its first office in Tehran, you'll want to tell them to slow down. Here are three things you need to know about doing business with Iran, post-sanctions.

The Paris climate accords, agreed to in December by 195 nations, are one of the largest economic and environmental policy advancements in recent decades. The accords marked the first time that all countries have agreed to reduce climate change causing greenhouse emissions. The accords also committed nations to a global temperature rise of 3.6 degrees, just enough to avoid the worst effects of climate change.

The impact of businesses can be seen throughout the accords, and we're not talking climate change denying fossil fuel companies here. Instead, large businesses were immensely supportive of climate action -- though not as supportive as some civil society groups would want. Here's the impact big business had on the climate accords.

The Department of Justice filed its first charges against Volkswagen on Monday. In a civil complaint filed in the Eastern District of Michigan, the Justice Department alleges that Volkswagen repeatedly and illegally violated the Clean Air Act by installing "defeat devices" on its so-called clean diesel vehicles. Those devices allowed the cars to cheat emissions tests and release air pollution at much higher rates than allowed under the Clean Air Act.

The case could lead to civil fines of costing tens of billions of dollars. But that's just the opening salvo in the government's response to the VW emissions scandal and does not foreclose the possibility of criminal charges against Volkswagen executives sometime in the near future.

Intellectual Property Highlights From the TPP Text

The full text of the Trans-Pacific Partnership (TPP) Agreement was released November 5, 2015. It was many years in the running -- seven years, basically -- but the masterpiece is finally available for public scrutiny. The Agreement extends its tentacles into approximately 40 percent of the world's annual GDP and almost 1 billion people's lives. Obviously, businesses are some of its greatest proponents.

In-house counsel hate California. It's not our towering redwoods, sunny beaches, or booming economy that turns corporate attorneys off, of course. It's the difficulty of doing business. Sixty-five percent of in-house respondents complained about the "burdensome" nature of working in California in a recent Archer Norris poll. More than half expressed concern over state regulations.

Of course, there are a few things in-house counsel do that make working in the Bear Republic even more unbearable, particularly when it comes to corporate filings. Here are some common errors and how to avoid them, both in the Golden State and beyond.

EU Safe Harbor Ruling: Implications for Businesses

When the Austrian student Max Schrems brought his grievances to the Irish authorities, it's doubtful he could have foreseen this ruling by the European Court of Justice.

The ECJ recently concluded that the Safe Harbor Agreement was invalid because it subordinated individuals' privacy concerns beneath "national security, public interest or law enforcement."

It's the largest regional trade agreement in history, encompassing 12 Pacific Rim nations, 800 million people, and 40 percent of global GDP. It took years of negotiations and a special act of Congress before terms of the Trans-Pacific Partnership could be finalized on Monday.

The TPP could significantly change how business is done from the Straight of Magellan to Kuala Lumpur. That is, if it makes it through. The agreement faces strong opposition from environmentalists, unions, human rights advocates, and, as of Wednesday afternoon, Hillary Clinton. Here's what you need to know about the TPP:

A government shut down over Planned Parenthood has been averted. Yesterday, Congress went to the brink of shutting down the federal government over Planned Parenthood funding and pulled back at the last minute. But the compromise could only be temporary, according to The Washington Post. And of course, there's always the possibility that another political disagreement could lead to a funding impasse in the future and subsequent shutdown.

What is in-house counsel to do when the government shuts down?

For years, Volkswagen sold millions of cars designed to evade environmental controls. The company installed "defeat device" software which cheated emissions tests and disabled pollution controls when its diesel cars were on the road, allowing them to release 40 times the legal pollution limits. And they would have gotten away with it, too, if it weren't for those meddling environmentalists!

It's safe to say that Volkswagen's emissions fraud has been a complete disaster -- and not just for the environment. VW's weak position in the United States is bound to become even weaker and the company's stock lost almost a quarter of its value. Now VW must recall millions of vehicles, face up to billions in fines, and possibly face criminal prosecution. Here's what you can learn from Volkswagen's debacle.

Get ready to do some math, in-house counsel, or at least to call up the accounting department. The Securities and Exchange Commission has finally adopted a CEO pay ratio disclosure rule, five years after Dodd-Frank imposed the disclosure mandate.

The new executive pay ratio rule is complicated and, for some companies, sure to be embarrassing. But, the SEC promises, it will help shareholders have a "say on pay" and might delay -- or ignite -- the coming income inequality-inspired revolution everyone from Thomas Piketty to billionaire hedge fund managers are warning about. Here's what in-house counsel need to know.