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HTMLUnderstanding SwissLeaks: Considerations for Banks, Account Holders and Fiduciaries in Light of Possible Enforcement Action in India
Saionton Basu; Duane Morris;
Legal Alert/Article
March 18, 2015, previously published on March 13, 2015
Last month saw further disclosure of 1,195 account holders in HSBC Private Bank in Geneva, Switzerland, with Indian addresses. Whilst that by itself connotes no manner of wrongdoing, given the information now resides in the public domain, the following potential risks emerge for banks, account...

 

HTML$195 Million Awarded for Failure to Negotiate in Good Faith; PharmAthene, Inc. v. SIGA Technologies, Inc.
David A. Charapp; Duane Morris LLP;
Legal Alert/Article
March 18, 2015, previously published on February 9, 2015
In 2011, I wrote about the PharmAthene, Inc. v. SIGA Technologies, Inc. case, in which the Delaware Chancery Court found that SIGA Technology Inc. failed to negotiate in good faith with PharmAthene, Inc. for the grant of a license to SIGA’s smallpox drug known as ST-246. This case provided an...

 

HTMLPresident Orders Federally Funded Construction Projects To Plan For Flood Risks From Climate Change
Jose A. Aquino; Duane Morris LLP;
Legal Alert/Article
March 18, 2015, previously published on February 2, 2015
On January 30, 2015, President Barack Obama signed an executive order requiring all federally funded construction projects to take into account flood risks linked to climate change.

 

HTMLFTC Seeks to Thwart ‘Revenge Porn’
Eric J. Sinrod; Duane Morris LLP;
Legal Alert/Article
March 18, 2015, previously published on February 3, 2015
While the Internet provides many obvious advantages to people in this digital age, it can also enable a dark side for those intent on mischievous and criminal online behavior. “Revenge porn” is part of that dark side.

 

HTMLVirtual Credit Card Payments
Patricia S. Hofstra; Duane Morris LLP;
Legal Alert/Article
March 18, 2015, previously published on February 6, 2015
On January 30, 2015, several healthcare organizations sent a group letter to CMS protesting the use of virtual credit cards by health plans to pay providers. In a virtual credit card payment (a nonstandard type of electronic funds transfer EFT), a health plan or its payment vendor issues single-use...

 

HTMLBill Introduced In Senate To End Travel Restrictions To Cuba
Jose A. Aquino; Duane Morris LLP;
Legal Alert/Article
March 18, 2015, previously published on February 2, 2015
On January 29, 2015, a coalition of four Republican and four Democrat senators introduced legislation to restore freedom to travel to Cuba. While President Obama has announced normalization of some relations between the two countries and relaxed travel restrictions to Cuba such that Americans...

 

HTMLNew U.S. Policy Towards Cuba Put In Motion By Construction Of Church
Jose A. Aquino; Duane Morris LLP;
Legal Alert/Article
March 18, 2015, previously published on February 4, 2015
The construction of Cuba’s first Roman Catholic Church since Castro came to power in 1959 may well be the first test of the new U.S. policy towards Cuba. The new church, with an expected capacity to accommodate at least 200 worshipers, is set to be built in Sandino, a small, secluded town in...

 

HTMLRestoration of America’s Wire Act Reintroduced in Congress
Eric D. Frank; Duane Morris LLP;
Legal Alert/Article
March 18, 2015, previously published on February 4, 2015
Representative Jason Chaffetz (R-UT-3) reintroduced the Restoration of America’s Wire Act today in the 114th Congress. The bill is identical to a measure set forth by Rep. Chaffetz in the last session of Congress.

 

HTMLLawyer in Vietnam Oliver Massmann - New PPP Laws in Vietnam: Moving Closer towards Bankable Projects? Oliver Massmann and Ho Gia Le Hoang
Oliver Massmann; Duane Morris Vietnam LLC;
Legal Alert/Article
March 18, 2015, previously published on February 5, 2015
Vietnam’s infrastructure development has struggled to keep up with continued economic and population growth. According to the statistics, Vietnam needs about US$170 billion for infrastructure investment in the period from 2011 to 2020 while the State budget is constrained, capital sources...

 

HTMLMechanic’s Lien Amount Shall Not Include Attorneys’ Fees
Stanley A. Martin; Duane Morris LLP;
Legal Alert/Article
March 18, 2015, previously published on February 4, 2015
The Utah Supreme Court has held that a mechanic’s lien does not include attorneys’ fees incurred by a contractor even when the lien statute allows recovery of reasonable legal fees. The court distinguished between the right to recover attorneys’ fees, and the amounts that could be...

 


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