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HTMLFranchising in Cuba - The Next Frontier?
Kara M. Bombach, Alan R. Greenfield, Jenine E. Hinkle; Greenberg Traurig, LLP;
Legal Alert/Article
August 7, 2015, previously published on August 3, 2015
On Jan. 16, 2015, following an announcement made by President Obama on Dec. 17, 2014 of a plan to ease the U.S. trade embargo and restore diplomatic relations between the U.S. and Cuba, the U.S. Department of Commerce’s Bureau of Industry and Security (the Commerce Department) and the U.S....

 

HTMLThe Seventh Circuit Undercuts Prominent Defenses in Data Breach Lawsuits and Class Actions
Francis A. Citera, Brett M. Doran; Greenberg Traurig, LLP;
Legal Alert/Article
August 7, 2015, previously published on August 4, 2015
With two recent decisions sure to please the plaintiff’s bar, the U.S. Court of Appeals for the Seventh Circuit landed a blow to defendants facing class action and data breach lawsuits. In the first decision, the Seventh Circuit ruled that data breach plaintiffs, who regularly bring suits as...

 

HTMLIRS Proposes Regulations Regarding Disguised Payments for Services from Partnerships
Alejandro Ruiz; Greenberg Traurig, LLP;
Legal Alert/Article
August 5, 2015, previously published on August 3, 2015
On July 22, 2015, the Internal Revenue Service (the IRS) and the Treasury Department (Treasury) (i) issued proposed regulations (the proposed regulations) regarding disguised payments for services from partnerships and (ii) announced the upcoming modification of existing guidance on the tax...

 

HTMLFERC Assesses Penalties for Alleged No-Risk UTC Trading Against City Power and Its Founder
Francesca Ciliberti-Ayres, Gregory K. Lawrence; Greenberg Traurig, LLP;
Legal Alert/Article
August 5, 2015, previously published on July 30, 2015
Earlier this month, the Federal Energy Regulatory Commission (FERC) issued an Order Assessing Civil Penalties against City Power Marketing, LLC (City Power) and its founder and sole owner, K. Stephen Tsingas[1] (collectively, Respondents) for violating section 222 of the Federal Power Act (FPA) and...

 

HTMLDutch Court of Appeal Allows the Use of Wiretaps by Competition Authority
Teresa Charatjan, Hans Urlus; Greenberg Traurig, LLP;
Legal Alert/Article
July 31, 2015, previously published on July 22, 2015
On July 9 2015, the Dutch Court of Appeal (het College van Beroep voor het bedrijfsleven) overturned two judgments of the Rotterdam District Court. The Dutch Court of Appeal ruled that the Dutch competition authority (Autoriteit Consument en Markt hereafter referred to as ACM) is allowed to use...

 

HTMLIran Deal Delivered to U.S. Congress and U.N. Resolution Issued
Kara M. Bombach, Sandra K. Jorgensen, Renee A. Latour; Greenberg Traurig, LLP;
Legal Alert/Article
July 31, 2015, previously published on July 23, 2015
On July 19, 2015, the U.S. State Department officially transmitted the final Joint Comprehensive Plan of Action (JCPOA) agreement to Congress. The transmission to Congress commenced the 60-day period of congressional review on July 20, 2015. During the 60-day review period, Congress must vote on a...

 

HTMLLittle Known Florida Statute Affects Securities Issuers That Do Business in Cuba
Carl A. Fornaris, Yosbel A. Ibarra; Greenberg Traurig, LLP;
Legal Alert/Article
July 29, 2015, previously published on July 21, 2015
While diplomatic relations between the United States and Cuba continue to normalize, issuers of securities sold in Florida should be mindful of a little-noticed but long-existing Florida statute that requires them to disclose any business activities in Cuba. Passed in 1992, Section 517.075 of the...

 

HTMLSupreme Court Agrees to Hear Interstate Row About Agency Liability for Aggressive Tax Collection Practices
Ed Chansky, Jeremiah Coder, G. Michelle Ferreira, Courtney A. Hopley, Bradley R. Marsh; Greenberg Traurig, LLP;
Legal Alert/Article
July 24, 2015, previously published on July 16, 2015
The U.S. Supreme Court granted certiorari of a Nevada Supreme Court decision that imposed tort liability against the California Franchise Tax Board for the agency’s action in conducting a tax audit. The eventual decision by the U.S. Supreme Court will give guidance on the scope of sovereign...

 

HTMLAre Your Website Terms of Use Enforceable?
Ed Chansky, Erica Okerberg; Greenberg Traurig, LLP;
Legal Alert/Article
July 16, 2015, previously published on July 16, 2015
What does it take to create a binding contract online? This question has vexed courts, consumers, and e-commerce companies since the dawn of the Internet.

 

HTMLNew Guidance Regarding Basket Derivatives
John Kaufmann; Greenberg Traurig LLP;
Legal Alert/Article
July 16, 2015, previously published on July 15, 2015
On July 8, the Internal Revenue Service (the IRS) issued two new pieces of guidance regarding certain derivatives on baskets of assets. One is old wine in new bottles; the other is an expansion of the category of transaction under IRS scrutiny.

 


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