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Foreign Account Tax Compliance Act of 2009: Information Reporting for US Client Accounts at Non-US Financial Institutions
James R. Barry, Donald C. Morris, Jonathan A. Sambur, November 6, 2009
On October 27, 2009, Senators Baucus and Kerry, together with Representatives Rangel and Neal, introduced the Foreign Account Tax Compliance Act of 2009 (the "Act"). The bill is the product of consultation between Congress and the US Treasury Department (Treasury) and is intended to curb...

US EPA Accelerates Pace of Climate Change Regulations
Roger W. Patrick, David B. Finnegan, October 28, 2009
While Congress continues to work on new US climate change legislation, the US Environmental Protection Agency (EPA or Agency) is rapidly cranking out greenhouse gas (GHG) regulations under the existing Clean Air Act (CAA). Two of the Agency's recent initiatives -- a final rule requiring annual...

Imposing the Costs of Class Notice on a Defendant without Consideration of the Merits May Violate Due Process, Say Three US Supreme Court Justices
Archis A. Parasharami, Kevin S. Ranlett, October 26, 2009
In DTD Enterprises Inc. v. Wells, No. 08-1407, the US Supreme Court recently declined to review a New Jersey trial court's order that, without considering the merits of the underlying claims, directed a class-action defendant to pay the entire cost of notice to a class simply because the defendant...

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