Document(s) published by this organization: 375
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|New Dual Process for Appointing Independent Directors - Amendments to Articles of Association|
Annabel Evans, Kirsty Payne, Richard Smith, Justine Usher; Mayer Brown International LLP;
May 20, 2014, previously published on May 2014On 16 May 2014, the Listing Rules are changing to incorporate new provisions applicable to premium listed companies which have or gain a controlling shareholder. They are being introduced to address concerns about the position of minority shareholders and to give them a more effective voice, but...
|Proposed Regulations Provide REITs a Framework for Solar Energy Property|
Jeffrey G. Davis; Mayer Brown LLP;
May 16, 2014, previously published on May 14, 2014On May 9, 2014, the US Internal Revenue Service (the “Service”) issued proposed regulations (the “Proposed Regulations”) that clarify the definition of real property for purposes of the real estate investment trust (“REIT”) provisions under Section 856. As...
|Increased Public and Private Scrutiny of High-Frequency Trading|
Joseph De Simone, Jerome J. Roche, Matthew Rossi; Mayer Brown LLP;
May 16, 2014, previously published on May 14, 2014Following the publication of Michael Lewis’ new book, Flash Boys: A Wall Street Revolt (“Flash Boys”), plaintiffs’ lawyers and US government regulators have increasingly focused their attention on financial institutions participating in high-frequency trading...
|State Decree No. 44.780/2014: Tax Amnesty Program for the State of Rio de Janeiro|
Carolina M. Bottino, Roberta P. Caneca, Ivan Tauil; Tauil & Chequer Advogados in association with Mayer Brown LLP;
May 16, 2014, previously published on May 15, 2014On 05/08/2014, Rio de Janeiro State Decree No. 44.780/2014 was published in the Official Gazette. It regulates the CONFAZ ICMS Convention No. 128/2013, which authorizes the State of Rio de Janeiro to implement a Tax Amnesty Program to waive or reduce penalties and interest related to the ICMS debts...
|Circular 32 Provides Guidance on the Restrictions on the Use of Foreign Currencies in Vietnam|
Mai Phuong Nguyen; Mayer Brown JSM Vietnam Limited;
May 13, 2014, previously published on May 12, 2014To restrict the use of foreign currencies in Vietnam, the State Bank of Vietnam issued Circular No. 32/2013/TT-NHNN (Circular 32) on 26 December 2013.
|DHS Announces Proposed Rules Designed to Attract and Retain Highly Skilled Immigrants and Offer Employment Authorization to H-4 Spouses|
Elizabeth (Liz) E. Stern, Paul Virtue; Mayer Brown LLP;
May 13, 2014, previously published on May 9, 2014On May 6, 2014, the US Department of Homeland Security (DHS) announced the publication of two proposed rules relating to highly skilled immigrant workers. The first would extend employment authorization to the spouses of certain specialty occupation (H-1B) workers; the second would enhance...
|Brazilian Forest Code, Rural Environmental Registry and Environmental Regularization Programs|
Luiz Gustavo Bezerra, Gedham Medeiros Gomes; Mayer Brown LLP;
May 13, 2014, previously published on May 12, 2014After nearly two years of waiting, the Environmental Ministry published, on May 6, 2014, Regulation No. 2 (Regulation), formally implementing the Rural Environmental Registry (RER). Now, all rural properties must be enrolled in the RER System (RERSYS) by May 2015. This deadline may be extended for...
|Cosmetics Company Agrees to Pay US$135M to Settle FCPA Claims|
Joseph De Simone, Richard M. Rosenfeld, Allison J. Zolot; Mayer Brown LLP;
May 12, 2014, previously published on May 8, 2014On May 1, 2014, it was announced that Avon Products, Inc., reached a settlement with US regulators over a long-standing federal probe into whether the cosmetics company paid bribes in China and other countries to gain favors. New York-based Avon agreed to pay $135 million in fines and other costs...
|First Conflict Minerals Filings Still Due June 2, 2014|
Duncan A. W. Abate, David S. Bakst, Harry R. Beaudry, John P. Berkery, Edward S. Best; Mayer Brown JSM;
May 12, 2014, previously published on May 6, 2014On April 29, 2014, Keith Higgins, the director of the Division of Corporation Finance for the US Securities and Exchange Commission (the Division), issued a statement confirming that “the Division expects companies to file any reports required under Rule 13p-1 on or before” June 2,...
|US Government Announces It Has Completed Receipt of H-1B Cap Petitions, Leaving Many US Employers Unable to Hire Needed Talent|
Elizabeth E. Stern, Paul Virtue; Mayer Brown LLP;
May 12, 2014, previously published on May 7, 2014During the five-day window beginning on April 1, 2014, US Citizenship and Immigration Services (“USCIS”) received approximately 172,500 H-1B visa petitions, an increase of nearly 50,000 H-1B petitions received compared to the same period last year.