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Document(s) published by this organization: 382


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HTMLPRC Laws No Excuse for Non-compliance with SFC Requests
Susanne J. Harris, John M. Hickin, Nicholas D. Hunsworth, Billy Y. C. Lam, Thomas S. T. So; Mayer Brown JSM;
Legal Alert/Article
June 11, 2014, previously published on June 5, 2014
On 23 May 2014, the Court of First Instance ordered Hong Kong accounting firm Ernst & Young (EY) to produce documents relating to a PRC company, Standard Water Limited (the "Company"), to the Securities and Futures Commission (SFC). The court rejected EY's argument that it did not...

 

Adobe PDFReducing and Expunging Proofs of Debt and Dealing with Dividend Overpayments
Jennifer Colegate, Richard M. Tollan; Mayer Brown International LLP;
Legal Alert/Article
June 11, 2014, previously published on June 5, 2014
On a recent Mayer Brown JSM application (on behalf of the Liquidators of one of the Lehman Brothers entities) to reduce and expunge proofs of debt, the Hong Kong High Court has ruled that creditors who receive an overpayment of dividends due in respect of a proof of debt which has been...

 

HTMLIncluding Commission in Holiday Pay - The Pensions Implications
Jonathan Moody, Ian Wright; Mayer Brown International LLP;
Legal Alert/Article
June 11, 2014, previously published on June 2014
The Court of Justice of the European Union has recently decided that where a worker has a contractual right to commission that is calculated by reference to sales achieved by the worker, the statutory holiday pay paid to the worker must take into account that commission. In other words, employers...

 

Adobe PDFThe Definition of “Money Purchase Benefits”: A Brave New World?
Jonathan Moody; Mayer Brown International LLP;
Legal Alert/Article
June 4, 2014, previously published on May 2014
The Department for Work and Pensions (the “DWP”) has published the long-awaited final version of the regulations implementing the new statutory definition of “money purchase benefits”. The finalised regulations will require trustees to revisit past decisions in far fewer...

 

HTMLTip of the Month: Managing the Risks and Costs Associated with Governance of “Custodial” Data
Therese Craparo, Anthony J. Diana; Mayer Brown LLP;
Legal Alert/Article
June 4, 2014, previously published on May 30, 2014
A large organization is selling one of its business units. Questions arise about how to define the scope of data associated with employees in the business unit being sold that may need to be transferred to the new owner and whether to implement a process for remediating “custodial” data...

 

Adobe PDFAnalysis of Proposed Hydrocarbon Legal Regime in Mexico
Pablo C. Ferrante, John D. Furlow, Dallas Parker, Gabriel J. Salinas, Jose L. Valera; Mayer Brown LLP;
Legal Alert/Article
June 4, 2014, previously published on May 30, 2014
President Enrique Peña Nieto has introduced to the Mexican Congress nine new bills, as well as proposed amendments to several existing laws, to implement the constitutional energy reform that became effective on December 21, 2013. The constitutional energy reform eliminates a restrictive...

 

HTMLUS Department of Energy Proposes to Suspend Conditional LNG Export Approvals to Non-FTA Countries and to Abandon Existing Order of Precedence
David I. Bloom, J. Paul Forrester, Brantley Webb; Mayer Brown LLP;
Legal Alert/Article
June 4, 2014, previously published on June 2, 2014
The US Department of Energy (DOE) has proposed to suspend its current practice of issuing conditional decisions on applications to export liquefied natural gas (LNG) from the lower-48 states to foreign countries without free trade agreements (FTAs) with the United States. Instead, according to its...

 

Adobe PDFFederal Tax Debts Installment Program - The Adherence Term is Reopened
Roberta P. Caneca, Ivan Tauil, Thais Bandeira de Mello Rodrigues; Mayer Brown LLP;
Legal Alert/Article
June 4, 2014, previously published on May 29, 2014
With the conversion of provisional measure (MP) No. 627 into Law No. 12,973/2014, the adherence term of the federal installment payment programs is open again until July 31, 2014. The reopened programs are: (I)Federal Tax Recuperation Program (‘’Refis da Crise’’), (II)...

 

HTMLSAFE Eases Control over Cross-border Security
Irene Y. S. Lau, Joe K. L. Tam; Mayer Brown JSM;
Legal Alert/Article
June 4, 2014, previously published on May 30, 2014
The State Administration of Foreign Exchange of the PRC (SAFE) has recently issued the Provisions on Foreign Exchange Administration of Cross-Border Security and the relating implementation guidelines (collectively the "New Regulations"). The New Regulations are to come into effect on 1...

 

Adobe PDFThe Extraterritorial Effect of the EU Regulation
Alexandria Carr; Mayer Brown International LLP;
Legal Alert/Article
June 4, 2014, previously published on June 2014
On 10 April 2014 some of the legislation that provides for the extraterritorial effect of the European Markets Infrastructure Regulation (“EMIR”) came into force. The remaining legislation will come into force on 10 October 2014. This legal update considers this legislation and the...

 


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