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HTMLRecent Cases Illustrate Benefits and Pitfalls of Section 1782 Discovery
Mark G. Hanchet, Christopher J. Houpt, Alex C. Lakatos; Mayer Brown LLP;
Legal Alert/Article
March 19, 2014, previously published on March 17, 2014
Three recent US federal court decisions provide additional insight into the scope of permissible discovery under 28 U.S.C. § 1782. These decisions from the Second and Eleventh Circuits continue to sharpen the boundaries of Section 1782 discovery and should improve predictability for...

 

Adobe PDFUS Supreme Court Dramatically Narrows Grounds for General Personal Jurisdiction
Marc R. Cohen, Mark G. Hanchet, Christopher J. Houpt, Alex C. Lakatos, Andrew J. Pincus; Mayer Brown LLP;
Legal Alert/Article
March 18, 2014, previously published on March 13, 2014
In January 2014, the US Supreme Court decided Daimler AG v. Bauman, 571 U.S. ---, 134 S. Ct. 746 (2014), a decision that could be of substantial importance to any non-US bank or non-US corporation that has US branches or offices in the United States, as well as any US bank or corporation that has...

 

HTML“Inc.” No Longer a Shield? - Federal Circuit May Expand Officer/Shareholder Liability Resulting from US Customs Violations
Sydney H. Mintzer, Jing Zhang; Mayer Brown LLP;
Legal Alert/Article
March 12, 2014, previously published on March 10, 2014
On March 5, 2014, the US Court of Appeals for the Federal Circuit agreed to constitute an en banc panel to reconsider a decision issued by the court in Trek Leather Inc. et al. v. United States. The entire court will reconsider a July 30, 2013 decision issued by a three-judge panel holding that the...

 

Adobe PDFFederal Reserve Issues Final Regulation Implementing DoddFrank Section 165 Enhanced Prudential Standards for Large US and Non-US Banking Organizations
Scott A. Anenberg, Matthew Bisanz, Thomas J. Delaney, Alicia K. Kinsey, Michael D. Lewis; Mayer Brown LLP;
Legal Alert/Article
March 6, 2014, previously published on March 3, 2014
On February 18, 2014, the Board of Governors of the Federal Reserve System (FRB) approved a final rule (Final Rule) implementing the enhanced prudential standards contained in section 165 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (DoddFrank Act) for US bank holding companies...

 

Adobe PDFSignificant Progress Made on the OECD’s BEPS Action Plan
Charles-Albert Helleputte, Thomas Kittle-Kamp, Jason M. Osborn, Astrid Pieron, Dina Scornos; Mayer Brown International LLP;
Legal Alert/Article
March 6, 2014, previously published on February 28, 2014
This Legal Update is the second in a series that Mayer Brown Tax lawyers are publishing on key developments at the national and international levels related to the Organisation for Economic Co-Operation and Development’s (“OECD”) Action Plan on Base Erosion and Profit Shifting...

 

HTMLUS Tax Proposal Could Have Adverse Impact on Renewable Energy Industry
Jeffrey G. Davis; Mayer Brown LLP;
Legal Alert/Article
March 6, 2014, previously published on February 27, 2014
On February 26, 2014, US House Committee on Ways and Means Chairman Dave Camp released draft tax reform legislation entitled the Tax Reform Act of 2014 (the “Draft”). According to Chairman Camp, the overarching goal of the Draft is to “fix America’s broken tax code by...

 

Adobe PDFThe NIST Cybersecurity Framework - Version 1.0
Howard W. Waltzman; Mayer Brown LLP;
Legal Alert/Article
March 6, 2014, previously published on February 28, 2014
On February 12, 2013, President Obama issued Executive Order (EO) 13636, directing the National Institute of Standards and Technology (NIST) to establish a “framework to reduce cyber risks to critical infrastructure,” which was defined as “systems and assets, whether physical or...

 

Adobe PDFUS Securities and Exchange Commission Clarifies and Expands Its Interpretation of “Knowledgeable Employee” Under the US Investment Company Act
Rory M. Cohen, J. Paul Forrester, Stephanie M. Monaco; Mayer Brown LLP;
Legal Alert/Article
February 25, 2014, previously published on February 20, 2014
On February 6, 2014, the Staff of the Division of Investment Management of the Securities and Exchange Commission (“SEC”) issued the Managed Funds Association (the “MFA) a no-action letter (the “MFA Letter”) clarifying and expanding the SEC’s interpretation of...

 

HTMLFederal Trade Commission Announces Higher Hart-Scott-Rodino Thresholds for 2014
Scott P. Perlman, John Roberti; Mayer Brown LLP;
Legal Alert/Article
January 23, 2014, previously published on January 21, 2014
On January 17, 2014, the US Federal Trade Commission announced new thresholds relating to the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, 15 U.S.C. § 18a. The thresholds govern which mergers or acquisitions must be reported to the FTC and the Department of Justice. Since...

 

HTMLEn Banc Ninth Circuit Adds Teeth to Daubert Gatekeeping Obligation
Carl J. Summers, Evan M. Tager; Mayer Brown LLP;
Legal Alert/Article
January 23, 2014, previously published on January 21, 2014
On January 15, the en banc US Court of Appeals for the Ninth Circuit issued a decision in Barabin v. AstenJohnson, Inc. that significantly strengthened and expanded the gatekeeper role of both trial and appellate courts in determining whether to admit expert testimony.

 


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