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HTMLRecent Legislative Developments in Spanish Labor Law
Jesús Gimeno, Jesús Merino; Jones Day;
Legal Alert/Article
February 26, 2015, previously published on February 2015
With the start of 2015, a number of legislative developments will have a direct effect on employment and Social Security regulations. Most of changes are the result of Law 36/2014, of December 26, 2014, on the General State Budgets for 2015. The objective was to introduce labor laws that will not...

 

HTMLAmerican Quarter Horse Association Can Ban Cloned Horses, Says Fifth Circuit, Rejecting Antitrust Challenge
Thomas F. Allen, Thomas R. Jackson, J. Bruce McDonald, Thomas D. York; Jones Day;
Legal Alert/Article
February 26, 2015, previously published on February 2015
The Fifth Circuit Court of Appeals has affirmed the American Quarter Horse Association's right to bar cloned horses from its breed registry, reversing a jury verdict against the association. The case is Abraham & Veneklasen Joint Venture v. American Quarter Horse Association. This ruling has...

 

HTMLExtensive Proposal on Prepaid Cards May Signal Broader CFPB Approach for Short-Term Credit Rules
Lisa M. Ledbetter, Courtney Lyons Snyder; Jones Day;
Legal Alert/Article
February 26, 2015, previously published on February 2015
The Consumer Financial Protection Bureau's ("CFPB") proposed prepaid financial products rule ("Proposed Rule"), if adopted without change, would impose sweeping new requirements on issuers of prepaid products—that is, physical cards, apps, and other electronic devices that...

 

HTMLPresident Obama Continues Push on Cybersecurity
Todd S. McClelland, Michael G. Morgan, Mauricio F. Paez, Katherine S. Ritchey, Gregory P. Silberman; Jones Day;
Legal Alert/Article
February 26, 2015, previously published on February 2015
On February 13, 2015, President Obama spoke to attendees of the White House Summit on Cybersecurity and Consumer Protection held at Stanford University. Calling the digital world a "sort of Wild Wild West," Obama and many corporate representatives announced developments intended to...

 

HTMLSecond Circuit Rules That Equitable Mootness Applies in Chapter 11 Liquidations as Well as Reorganizations
Mark G. Douglas, Timothy Hoffmann; Jones Day;
Legal Alert/Article
February 26, 2015, previously published on January/February 2015
In Beeman v. BGI Creditors' Liquidating Trust (In re BGI, Inc.), 772 F.3d 102 (2d Cir. 2014), the U.S. Court of Appeals for the Second Circuit considered whether the doctrine of "equitable mootness" applied to the appeal of a confirmation order approving a liquidating chapter 11 plan. In...

 

HTMLOpportunities in Oil Financing and Investment: Meeting the Industry's Capital Needs in Challenging Times
Isaac Griesbaum, Kit Rockhill, Omar Samji; Jones Day;
Legal Alert/Article
February 26, 2015, previously published on February 2015
With crude oil prices tumbling nearly 60 percent since June 2014 to near six-year lows, the decline in energy company stocks alone has erased more than $263 billion in market value. Oil companies and investors alike are scrambling to adjust to lower oil prices. Oil producers in particular are in...

 

HTMLFINRA and SEC Issue Cybersecurity Reports Identifying Common Industry Practices
Kyle T. Barrett, Richard J. Johnson, Todd S. McClelland, Mauricio F. Paez, Gregory P. Silberman; Jones Day;
Legal Alert/Article
February 26, 2015, previously published on February 2015
New reports by the Financial Industry Regulatory Authority ("FINRA") and the SEC's Office of Compliance Inspections and Examinations ("OCIE") highlight the increased regulatory focus in the financial sector on cybersecurity. Both reports merit industry attention.

 

HTMLNew York Regulator Announces Plans to Conduct Targeted Cybersecurity Examinations of Insurance Companies, Issue Standards
Matthew R. Bowles, Scott A. Edelstein, Lisa M. Ledbetter, Mauricio F. Paez; Jones Day;
Legal Alert/Article
February 26, 2015, previously published on February 2015
On February 8, 2015, the New York State Department of Financial Services ("NYDFS") announced that it will soon begin making targeted cybersecurity assessments of insurance companies and that it plans to issue regulations setting heightened security standards. The announcement coincides...

 

HTMLThe Bitter and Sweet of the Wal-Mart/Comcast/Halliburton Triumvirate: More Grounds for Defeating Class Certification, But More Exposure to Discovery
Noah Ryan Litton, Chad A. Readler; Jones Day;
Legal Alert/Article
February 26, 2015, previously published on January 2015
Corporate litigants are still celebrating recent United States Supreme Court victories by defendants in high-profile class-action cases. As they should. After all, the trio of cases, Wal-Mart Stores, Inc. v. Dukes, Comcast Corp. v. Behrend, and Halliburton Co. v. Erica P. John Fund, Inc., mark a...

 

HTMLBill Introduced in Congress Calls for Private Enforcement of All Food Regulations and Would Weaken Preemption Defenses
Jonathan Berman; Jones Day;
Legal Alert/Article
February 26, 2015, previously published on January 2015
Recent years have seen a surge in private class actions alleging that food labels are misleading or misbranded. The viability of many of these cases, however, has been limited by two important provisions of the Food, Drug, and Cosmetic Act ("FDCA"). Section 310 provides that only the...

 


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