Jones Day Document Search Results (356)
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|Energy Update: Risk and Opportunity Amid Falling Oil Prices|
Jonathan M. Fisher, Thomas A. Howley, William Prescott Mills, Omar Samji, Jeffrey A. Schlegel; Jones Day;
December 16, 2014, previously published on December 2014The mainstream media have been trying to predict, on almost a daily basis, the causes of, and the winners and losers (mostly focused on the latter category) resulting from, the current volatility in oil and gas prices. Regardless of the cause, as of the end of November 2014, the American price for...
|What Next for KTB Investors?|
Rona C. MacRae, Lucas J. Moore, Harriet Territt, Sylvia Tonova, Baiju S. Vasani; Jones Day;
December 16, 2014, previously published on December 2014As the sun set on Thursday 6 November 2014, so too disappeared the last rays of hope for Corporate Commercial Bank ("KTB"). One of Bulgaria's smallest banks in the early 2000s, KTB has since expanded rapidly to become its fourth largest lender, only to have its licence withdrawn. The...
|Causation in Australian Shareholder Class Actions Uncertain|
John Emmerig, Michael Legg; Jones Day;
December 16, 2014, previously published on November 2014The plaintiff, Camping Warehouse Australia Pty Ltd commenced proceedings in the Supreme Court of Victoria alleging that the defendant Downer EDI Limited breached its continuous disclosure obligations under s 674 of the Corporations Act 2001 (Cth) (the "Act") and the prohibition on...
|Luxembourg Leaks: Potential Risks to Companies Whose Luxembourg Tax Rulings Have Been Released to the Public|
Lodewijk P.W. Berger, Thomas Jestaedt, Scott M. Levine, Howard M. Liebman, Raymond J. Wiacek; Jones Day;
December 16, 2014, previously published on November 2014This week, the so-called "International Consortium of Investigative Journalists" ("ICIJ"), on its website, leaked a total of 548 tax rulings that multinational companies obtained in Luxembourg in the period from 2002 to 2010.
|Amendment to Drugs and Medical Devices Law in Japan Takes Effect|
Laurie A. Clarke, Colleen Heisey, Scott T. Jones, Mark Mansour, Mitsutaka Okano; Jones Day;
December 16, 2014, previously published on December 2014A material amendment to the law regulating drugs and medical devices in Japan has recently been implemented. The amendment mainly covers (i) establishing a fast-track authorization process for regenerative medicine products (described below), (ii) restructuring medical device regulations, and (iii)...
|European Union Approves Directive on Antitrust Damages Actions|
Eric Barbier de la Serre, Thomas Jestaedt, Alex Petrasincu, Johannes G. Zöttl; Jones Day;
December 16, 2014, previously published on November 2014Earlier today, the Council of the European Union approved the long-awaited Directive governing actions for damages for infringements of competition rules (Damages Directive). The Damages Directive is based on a proposal by the European Commission (Commission) that followed more than ten years of...
|CFPB Permits Online Posting of Annual Privacy Notices|
Michael R. Butowsky, Lisa M. Ledbetter, Todd S. McClelland, Stephen J. Obie, Mauricio F. Paez; Jones Day;
December 16, 2014, previously published on November 2014The Consumer Financial Protection Bureau ("CFPB") recently adopted a final rule that under certain conditions provides financial institutions it regulates with the option of posting annual consumer privacy notices online rather than mailing paper copies to customers (the "Privacy...
|2015 HHS OIG Work Plan Focuses on Payment Accuracy, Privacy Concerns, and Insurance Marketplaces|
Laura F. Laemmle-Weidenfeld, Heather M. O'Shea, Rebekah N. Plowman, Stephen G. Sozio, Heidi Ann Wendel; Jones Day;
December 16, 2014, previously published on November 2014On October 31, 2014, the Department of Health and Human Services ("HHS"), Office of Inspector General ("OIG") published its Work Plan for Fiscal Year 2015 ("2015 Work Plan") to provide an annual summary of new and ongoing OIG audit activities related to HHS programs....
|New Chilean Insolvency Law Promotes Reorganizations|
Mark G. Douglas; Jones Day;
December 16, 2014, previously published on November/December 2014A new insolvency law was approved by the Chilean Congress at the end of 2013 and became effective in October 2014. The legislation substantially overhauls Chile's prior insolvency law, particularly with respect to business insolvency cases. It incorporates a number of provisions that permit the...
|New York Puts Assets in Foreign Bank Branches Beyond the Reach of Judgment Creditors|
Lee A. Armstrong, Sevan Ogulluk; Jones Day;
December 16, 2014, previously published on November 2014Two weeks ago, the New York Court of Appeals issued a decision of great importance to global financial institutions. For the first time, the state's highest court confirmed that New York common law prevents a court from freezing a civil judgment debtor's assets held in foreign bank accounts....