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Document(s) published by this organization: 372


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HTMLUS Banking Regulators Issue Additional Guidance Regarding Tax Allocation Agreements in Holding Company Structures
Scott A. Anenberg, Hayden D. Brown, J. Paul Forrester; Mayer Brown LLP;
Legal Alert/Article
June 30, 2014, previously published on June 20, 2014
US banking regulators (the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency) have issued final joint supplemental guidance (Guidance) regarding tax allocation agreements involving holding companies and...

 

HTMLDelegation Clause Directing an Arbitrator to Decide Enforceability of an Arbitration Agreement Enforceable in California
Andrea M. Weiss, Ruth Zadikany, Lori A. Zahalka; Mayer Brown LLP;
Legal Alert/Article
June 30, 2014, previously published on June 24, 2014
Decision: In Tiri v. Lucky Chances, Inc., the defendant-employer filed a motion to compel arbitration of its former employee’s wrongful discharge action. The parties had entered into a written arbitration agreement that contained an explicit agreement to delegate to the arbitrator any...

 

HTMLRegulation No. 9/2014
Marina Cyrino; Tauil & Chequer Advogados in association with Mayer Brown LLP;
Legal Alert/Article
June 30, 2014, previously published on June 23, 2014
Regulation No. 9/2014 amended Regulation No. 7/2013 to reopen until 07/31/2014 the deadline for installments and payment of tax liabilities owed to the Treasury, authorized by Articles 1 to 13 of Law 11.941/2009 (Refis).

 

HTMLNormative Expository Act No. 5 of June 16, 2014
Roberta P. Caneca, Marina Cyrino; Mayer Brown LLP;
Legal Alert/Article
June 30, 2014, previously published on June 24, 2014
On June 16, 2014, Brazilian Tax Authorities enacted Normative Expository (“ADE”) Act No. 5, which revoked the ADE No. 1/2000. The ADE No. 1/2000 provided for the application of withholding tax in Brazil to payments of service fees to overseas, regardless of the existence of a Tax Treaty...

 

HTMLCalifornia Supreme Court Rejects Sampling Method for Determining Liability in Class Actions
Andrea M. Weiss, Ruth Zadikany, Lori A. Zahalka; Mayer Brown LLP;
Legal Alert/Article
June 30, 2014, previously published on June 24, 2014
Decision: In Duran v. U.S. Bank N.A., the plaintiffs sought to represent a class of loan officers who contended that they were improperly classified as exempt employees under the “outside salesperson” exemption to California’s overtime wage payment law, which applies to employees...

 

HTMLSupreme Court Issues A Taxpayer Favorable Opinion in United States v. Clarke
Geoffrey M. Collins, John T. Hildy, Brian W. Kittle; Mayer Brown LLP;
Legal Alert/Article
June 30, 2014, previously published on June 20, 2014
The Supreme Court held on June 19, 2014, that taxpayers are entitled to examine IRS agents in a summons-enforcement proceeding where taxpayers “point[] to specific facts or circumstances plausibly raising an inference of bad faith.” The Court held that circumstantial evidence could meet...

 

HTMLProtection Against Sexual Harassment by Customers
Duncan A. W. Abate, Anita W. C. Lam, Hong Tran; Mayer Brown JSM;
Legal Alert/Article
June 30, 2014, previously published on June 19, 2014
The Hong Kong government will gazette this Friday, 20 June 2014, a bill to amend the Sex Discrimination Ordinance (Cap 480) to protect service providers from sexual harassment by their customers.

 

HTMLNew York State’s Highest Court Clarifies Scope of “No-Action” Clause Under Trust Indenture
Michael F. Lotito, Joel Moss, Brian Trust; Mayer Brown LLP;
Legal Alert/Article
June 19, 2014, previously published on June 18, 2014
New York’s highest court has concluded that a “no-action” clause in a New York law-governed indenture does not bar the commencement of an action or proceeding on a securityholder’s common law or statutory claims relating to the securities when the no-action clause at issue...

 

HTMLProperty Management Services Bill — A Proposed Mandatory Licensing Regime To Regulate The Property Management Industry
Fun Kuen Au; Mayer Brown JSM;
Legal Alert/Article
June 19, 2014, previously published on June 18, 2014
The Bill proposes a mandatory licensing regime to regulate the provision of property management services, under the supervision of a Property Management Services Authority (the "Authority"). It is proposed to make it a criminal offence for a property management company ("PMC")...

 

HTMLBeijing Average Monthly Wage Increased to CNY 5,793
Duncan A. W. Abate, Helen H. Liao, Hong Tran, Andy S. Yeo; Mayer Brown JSM;
Legal Alert/Article
June 19, 2014, previously published on June 17, 2014
On 6 June 2014 the Beijing Municipal Human Resource and Social Security Bureau and the Beijing Municipal Statistics Bureau announced that the average monthly wage for 2013 was CNY 5,793. This is an increase of 10.9 percent on the previous average monthly wage of CNY 5,223 determined in 2012.

 


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