Document(s) published by this organization: 328
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|Presumption Against Extraterritoriality in Morrison v. National Australia Bank Extended to Private Party Whistleblower Retaliation Cases|
Matthew Bisanz, Marcus Christian, Mark G. Hanchet, Alex C. Lakatos, Richard M. Rosenfeld; Mayer Brown LLP;
August 27, 2014, previously published on August 25, 2014The US Court of Appeals for the Second Circuit has ruled that the presumption against extraterritoriality applies to private party actions under Section 21(h) of the Securities Exchange Act of 1934 (“Exchange Act”). The Second Circuit’s August 14, 2014 decision in Liu v. Siemens...
|One Servant, Two Masters, Same Service?|
Duncan A. W. Abate, Anita W. C. Lam, Hong Tran; Mayer Brown JSM;
August 25, 2014, previously published on August 20, 2014According to the results of a recent survey, Hong Kong tops the poll on places that are using contingent workers in 2014, followed closely by the United States. Contingent workers could be temporary employees, secondees and outsourced workers, employed or supplied by companies to work for either a...
|Deductibility of Settlement Payments: US First Circuit Rejects the IRS’s Interpretation of Talley and Section 162(f)|
Hayden D. Brown, Geoffrey M. Collins, Brian W. Kittle; Mayer Brown LLP;
August 22, 2014, previously published on August 18, 2014In Fresenius Medical Care Holdings, the US Court of Appeals for the First Circuit held that taxpayers can meet their burden of proving that a government settlement was compensatory—and thus deductible—with evidence beyond the settlement’s terms. Thus, if the settlement agreement...
|Arbitration and Ship Arrest in Hong Kong: Post-award arrest in Handytankers KS v. Owners of The Alas|
Bill Amos; Mayer Brown JSM;
August 22, 2014, previously published on August 20, 2014The maritime industry has traditionally favoured arbitration as a method of dispute resolution. Disputes under charterparties, shipbuilding contracts, ship management and sale & purchase agreements will typically be subject to arbitration. Given the international character of shipping,...
|Analysis of Mexico’s New Hydrocarbons Legal Regime|
Pablo C. Ferrante, Dallas Parker, Gabriel J. Salinas, Jose L. Valera; Mayer Brown LLP;
August 19, 2014, previously published on August 13, 2014This legal update addresses the main features of the Hydrocarbons Law and the Hydrocarbons Revenues Law, which became effective on August 12, 2014. The Hydrocarbons Law and the Hydrocarbons Revenues Law are part of a set of new laws to implement the constitutional energy reform that became...
|WTO Appellate Body Upholds Panel in China - Rare Earths Dispute|
Duane W. Layton, Nikolay Mizulin, Paulette Vander Schueren; Mayer Brown LLP;
August 19, 2014, previously published on August 13, 2014The Appellate Body of the World Trade Organization (WTO) has affirmed a WTO dispute settlement panel’s March 2014 finding that China’s export restraints on rare earths, tungsten, and molybdenum are inconsistent with China’s WTO obligations. The August 7, 2014, decision in China -...
|Administration Expenses: The Next Instalment|
David Allen, Ashley Katz, Devi Shah, Jessica Walker; Mayer Brown International LLP;
August 13, 2014, previously published on August 2014The High Court has rejected the argument that amounts owing to British Gas Trading Ltd (BGT) under post-administration, deemed contracts for the provision of gas and electricity are automatically classed as expenses of the administration. The court has reserved for consideration, however, whether...
|Subscription Credit Facilities and the Volcker Rule|
Timothy R. Hicks, Michael C. Mascia, Wesley A. Misson; Mayer Brown LLP;
August 13, 2014, previously published on Summer 2014On December 10, 2013, the federal financial agencies approved joint final regulations (the “Final Regulation”) implementing section 619 of the Dodd-Frank Act, commonly referred to as the Volcker Rule. Section 619 added a new section 13 to the Bank Holding Company Act of 1956, which...
|Governmental Plan Investors and the Borrowing Base|
Zachary K. Barnett, John A. Janicik, Kristin M. Rylko, Matthew A. Simmons; Mayer Brown LLP;
August 13, 2014, previously published on Summer 2014A subscription credit facility, also frequently referred to as a capital call facility (a “Subscription Facility”), is a loan made by a bank or other credit institution (a “Lender”) to a private equity fund (a “Fund”). What distinguishes a Subscription Facility...
|The Curious Case of LabMD: New Developments In The “Other” FTC Data-Security Case|
Lei Shen, Evan M. Wooten; Mayer Brown LLP;
August 13, 2014, previously published on August 11, 2014By now, businesses with an interest in data security are aware of FTC v. Wyndham Worldwide Corp., in which a US District Court of New Jersey held that the Federal Trade Commission (FTC) can bring enforcement actions for perceived data-security violations without first issuing guidance or standards....