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HTMLIRS Warns of Phishing Scam Involving Tax-Related Information
Justin Edward Herdman, Jay Johnson, Todd S. McClelland; Jones Day;
Legal Alert/Article
March 17, 2016, previously published on March 2016
According to the IRS, a new phishing scheme is on the rise that targets employee W-2 forms and related records. As part of the scheme, a fake email purportedly from the CEO or another company executive is typically sent to a payroll or HR professional requesting employee W-2 forms and/or other...

 

HTMLAntitrust Counterplaintiff May Recover Attorneys' Fees for Defending Infringement of Fraudulently Obtained Patent
Michelle K. Fischer, Gregory L. Lippetz, Geoffrey D. Oliver, David W. Wu; Jones Day;
Legal Alert/Article
March 17, 2016, previously published on March 2016
Antitrust and intellectual property practitioners with an interest in trivia have been known to ask, "When is the last time an appellate court has upheld a finding of antitrust liability for a claim alleging fraud on the U.S. Patent Office?" The Federal Circuit has now supplied an easy...

 

HTMLConcurrent Australian Class Actions Allowed to Proceed Due to Different Funding Arrangements and Case Strategy
John Emmerig, Michael J. Legg; Jones Day;
Legal Alert/Article
March 17, 2016, previously published on March 2016
Australian Executor Trustees Limited ("AET") was the trustee for holders of debentures issued by Provident Capital Limited ("Provident") under the provisions of Chapter 2L of the Corporations Act 2001 (Cth) (the "Act"). Following the collapse of Provident in 2012, two...

 

HTMLRelief for Petrobras: Changes to Brazil's Pre-Salt Legislation
S. Wade Angus, Marcello Hallake, Luis Riesgo, William P.M. Schwind; Jones Day;
Legal Alert/Article
March 17, 2016, previously published on March 2016
On February 24, 2016, the Brazilian Senate approved a bill that would relieve Petrobras of two statutory burdens that industry players view as significant obstacles both to Petrobras and to the development of Brazil's pre-salt oil and gas reserves.

 

HTMLBrazilian Government Increases Cap on Foreign Ownership of Brazilian Airlines
S. Wade Angus, Artur L. Badra, John D. Goetz, J. Bruce McDonald, Luiz Felipe Noronha; Jones Day;
Legal Alert/Article
March 15, 2016, previously published on March 2016
On March 2, 2016, the Brazilian federal government proposed a new rule-Medida Provisória n. 714/2016 ("MP 714")— which increased the existing 20 percent limit on foreign ownership in a Brazilian airline to 49 percent of the Brazilian airline's total voting capital.

 

HTMLITC Refuses to Stay Investigation Pending Inter Partes Review
Richard (Rich) Fieman, Blaney Harper, Vishal V. Khatri, David M. Maiorana; Jones Day;
Legal Alert/Article
March 15, 2016, previously published on March 2016
The International Trade Commission ("ITC") has never granted a stay of a Section 337 investigation in favor of an American Invents Act inter partes review ("IPR") at the U.S. Patent and Trademark Office ("USPTO"). That trend continued last week when Administrative Law...

 

HTMLNew Taxation Conditions to be Imposed on Investors as Australia's Foreign Investment Law Overhaul Continues
Mark Crean, Brett Heading; Jones Day;
Legal Alert/Article
March 15, 2016, previously published on March 2016
On 22 February 2016, the Treasurer of the Commonwealth of Australia announced new taxation conditions for foreign investors seeking to acquire Australian assets or shares in Australian companies. Depending on the type and domicile of the investor and the nature and monetary value of the proposed...

 

HTMLTreasury Publishes Updated Model Income Tax Treaty
Joseph A. Goldman, Lori A. Hellkamp, Karl L. Kellar, Edward T. Kennedy, Raymond J. Wiacek; Jones Day;
Legal Alert/Article
March 14, 2016, previously published on March 2016
On February 17, 2016, the U.S. Treasury Department published a revised model income tax convention (the "New Model Treaty") to replace the prior 2006 version. (Treasury also expects to publish a Technical Explanation to provide additional guidance this spring.) Model tax treaties...

 

HTMLU.S. DOJ Increasing Enforcement Efforts Against Corporate Executives and Employees
Eric P. Enson, Kathryn M. Fenton, John M. Majoras, J. Bruce McDonald, David P. Wales; Jones Day;
Legal Alert/Article
March 14, 2016, previously published on February 2016
The U.S. Department of Justice Antitrust Division is increasing efforts to detect and punish individuals who violate the antitrust laws. In remarks last week, the Deputy Assistant Attorney General for Criminal Enforcement, Brent Snyder, reported that the Antitrust Division has "adopted new...

 

HTMLEnd of PEMEX's Downstream Monopoly in Mexico
Jose A. Estandia, Salvador Gallo, Francisco Pams, William P.M. Schwind, Alberto de la Parra Z.; Jones Day;
Legal Alert/Article
March 14, 2016, previously published on March 2016
The monopoly that Petróleos Mexicanos S.A. ("PEMEX") has long enjoyed over gasoline and diesel marketing and sales in Mexico has come to an early end, as Mexico has announced that it is opening the retail fuel market to private participation nine months earlier than originally...

 


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