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HTMLState Regulators Propose New Prudential Standards for Nonbank Mortgage Servicers
David E. Conroy, Lisa M. Ledbetter, Matthew A. Martel, Lawrence K. Nesbitt, Howard F. Sidman; Jones Day;
Legal Alert/Article
April 24, 2015, previously published on April 2015
On March 25, 2015, the Conference of State Bank Supervisors ("CSBS") and the American Association of Residential Mortgage Regulators ("AARMR") issued for a 90-day public comment period a proposed set of baseline prudential regulatory standards for nonbank mortgage servicers and...

 

HTMLEU Classification and Labeling Rules for Mixtures Effective June 2015
Ales Bartl, Gyongyi David, Francoise S. Labrousse, Holger Neumann, Ursula Schliessner; Jones Day;
Legal Alert/Article
April 24, 2015, previously published on April 1, 2015
On June 1, 2015, new rules take effect for the classification and labeling ("C&L") of hazardous chemicals and mixtures distributed in the European Union ("EU").

 

HTMLItalian Lending Market Finally Opens to Nonbanking Lenders
Alessandro Corno, Marco Lombardi, Francesco Squerzoni; Jones Day;
Legal Alert/Article
April 24, 2015, previously published on April 2015
Concluding a process started during the summer of 2014, the Italian legislature has completed a set of measures governing direct lending by nonbanking institutions. As a result, Italian/European Union ("EU") insurance companies, alternative investment funds, and securitization vehicles...

 

HTMLKey Parameters Set for Joint Comprehensive Plan of Action Regarding Iran's Nuclear Program, but Critical Implementation Steps Remain Subject to Agreement
Sean Thomas Boyce, Michael P. Gurdak, Harriet Territt; Jones Day;
Legal Alert/Article
April 24, 2015, previously published on April 1, 2015
On April 2, 2015, the United States, United Kingdom, China, France, Germany, the Russian Federation, the European Union, and the Islamic Republic of Iran reached an agreement on the key parameters of a Joint Comprehensive Plan of Action ("JCPOA") that was described as "a...

 

HTMLCommon Misconceptions Regarding CFIUS and the CFIUS Process
Laura L. Fraedrich, Noel J. Francisco, Donald G. Yeargin; Jones Day;
Legal Alert/Article
April 24, 2015, previously published on April 1, 2015
Mergers, acquisitions, joint ventures, and other forms of investment by foreign persons in the United States continue to increase in the current global economy. The concept of national security and its tie to economic security in these types of transactions has been confirmed, and that tie was...

 

HTMLHHS Announces Next Generation ACO Model of Payment and Care Delivery
Thomas E. Dutton, Scott A. Edelstein, David W. Grauer, Calvin P. Griffith, Todd P. Kelly; Jones Day;
Legal Alert/Article
April 24, 2015, previously published on April 1, 2015
On March 10, 2015, the U.S. Department of Health and Human Services (“HHS”) announced the Next Generation Accountable Care Organization Model (“Next Gen ACO Model”), a new initiative sponsored by the Centers for Medicare & Medicaid Services’ (“CMS”)...

 

HTMLU.S. Government Authorizes Sanctions Related to Malicious Cyber-Related Activities, Encourages Telecom Investment in Cuba
Laura L. Fraedrich, Chase David Kaniecki, Donald G. Yeargin; Jones Day;
Legal Alert/Article
April 24, 2015, previously published on April 2015
The U.S. government has taken steps in recent weeks to impose sanctions on individuals and entities posing a uniquely 21st century threat, while strengthening ties to a 20th century foe. On April 1, 2015, President Obama authorized the imposition of sanctions on individuals and entities involved in...

 

HTMLFederal Circuit Addresses Jurisdiction to Review Stay Orders in Covered Business Method Reviews  
Gregory A. Castanias, Calvin P. Griffith, Tharan Gregory Lanier, Sasha Mayergoyz; Jones Day;
Legal Alert/Article
April 24, 2015, previously published on April 2015
In Intellectual Ventures II LLC v. JPMorgan Chase & Co., a 2¿1 decision issued on April 1, 2015, the Federal Circuit held that it lacked jurisdiction to hear an appeal from a denial of a motion to stay a district court action pending the institution of covered business method reviews...

 

HTMLPayPal, Schlumberger Holdings Enforcement Actions Highlight Need for Effective Implementation of Compliance Programs
Sean Thomas Boyce, Laura Fraedrich, Michael P. Gurdak, Fahad A. Habib, Donald G. Yeargin; Jones Day;
Legal Alert/Article
April 22, 2015, previously published on April 1, 2015
Recent enforcement actions against PayPal, Inc. ("PayPal") and Schlumberger Oilfield Holdings Ltd. ("Schlumberger Holdings") serve as a reminder to all companies subject to U.S. economic sanctions that no matter how robust corporate compliance policies may appear on paper, an...

 

HTMLNewly Updated Renewable Energy Program in Algeria
Denis Bandet, Javade Chaudhri, Etienne Dinner, Fabien Hecquet, Laurent Vandomme; Jones Day;
Legal Alert/Article
April 22, 2015, previously published on April 2015
On February 24, 2015, Algeria's Minister of Energy announced the adoption of Algeria's updated development program for renewable energies. The program increases the targeted installed capacity from renewable sources by 2030 from 12 gigawatts ("GW") to 22 GW, with a view to diversifying...

 


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