Document(s) published by this organization: 356
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|Shanghai Free Trade Zone Further Relaxes Foreign Investment Restrictions on First Anniversary|
Gavin W. H. Guo, Betty F. K. Tam; Johnson Stokes & Master Mayer Brown JSM;
November 15, 2014, previously published on November 6, 2014Since its official launch in 2013, the China (Shanghai) Pilot Free Trade Zone (“Shanghai FTZ”) has recently celebrated its first anniversary. Over the past year, various policies relating to foreign investment have been promulgated in the 29 square kilometre Shanghai Free Trade Zone in...
|Managing the Electronic Discovery Vendor Relationship|
Patrick Garbe, Chris Hansen; Mayer Brown LLP;
November 15, 2014, previously published on October 2014A large international company is in the midst of antitrust litigation. After carefully selecting the electronic discovery vendor that will handle the processing, hosting, review and production of the responsive documents, the company’s counsel needs to manage the vendor relationship...
|US Securities and Exchange Commission Adopts Amendments to Money Market Fund Rule (Rule 2a-7)|
Leslie S. Cruz, Peter M. McCamman, Amy Ward Pershkow; Mayer Brown LLP;
November 15, 2014, previously published on October 27, 2014On July 23, 2014, the US Securities and Exchange Commission (“SEC”) by a 3-2 vote, adopted amendments to Rule 2a-7 under the Investment Company Act of 1940 (“1940 Act”), as amended (“Rule 2a-7” or the “Rule”).1 Rule 2a-7 imposes quality, liquidity,...
|Marine Insurance Warranty Upheld|
Bill Amos, Tow Lu Lim, Jenny W. Y. Yu; Mayer Brown JSM;
November 15, 2014, previously published on October 29, 2014A marine insurance dispute that ascends to Hong Kong’s Court of Final Appeal is both a rarity and a matter of international legal interest, given that Hong Kong’s statute is in identical terms to the UK’s seminal Marine Insurance Act 1906. The case in question, Hua Tyan...
|DC Pensions Flexibility: Legislation Laid Before Parliament|
Ian Wright; Mayer Brown International LLP;
November 15, 2014, previously published on October 2014In the 2014 Budget, the Government announced what it called “the most fundamental reform to the way people access their pensions in almost a century”. The most significant change announced was that, from April 2015, members with defined contribution (“DC”) benefits, meaning...
|China Customs Set Up Enterprise Credit Management System|
Cecil Leong, Flora H. Sun; Mayer Brown LLP;
November 14, 2014, previously published on October 27, 2014China Customs published Customs Interim Measures on Enterprise Credit Management (Interim Measures) on 8 October 2014. It is a part of an effort by the Chinese Government to establish a Social Credit System based on a 2014-2020 plan of the State Council. The new system will replace the existing...
|US Court of Appeals Confirms that Expert Testimony Must Offer Scientific Proof, Not Hypotheses, on Causation|
Carl J. Summers; Mayer Brown LLP;
November 14, 2014, previously published on October 30, 2014In a recent decision, the US Court of Appeals for the Eleventh Circuit affirmed summary judgment for a defendant based on the trial judge’s exclusion of expert testimony opining that a calcium-zinc compound in Fixodent denture adhesive caused the plaintiff’s neurological disorder. The...
|“Separate Entity” Rule Alive and Well in New York|
James Ancone, Mark G. Hanchet, Christopher J. Houpt, Alex C. Lakatos; Mayer Brown LLP;
November 14, 2014, previously published on October 28, 2014In a much anticipated decision, New York’s highest court, the Court of Appeals, confirmed on October 23, 2014, that the so-called “separate entity” rule continues to exist as a vibrant doctrine in the State of New York. Under the separate entity rule, a bank’s branches in...
|Striking the Balance: The Views of International Competition Agencies on the Extraterritorial Application of US Antitrust Law|
Robert E. Bloch, Kelly B. Kramer, Stephen M. Medlock; Mayer Brown LLP;
November 14, 2014, previously published on October 28, 2014Foreign competition authorities have long been concerned about the application of US antitrust law—in particular civil claims for treble damages—to conduct occurring outside the United States. Over the years, courts and Congress have adopted different tests for determining when US...
|US FCC Enforcement Action Represents Unprecedented Expansion of the Agency’s Authority Over Data Security|
Lei Shen, Howard W. Waltzman; Mayer Brown LLP;
November 14, 2014, previously published on October 28, 2014The US Federal Communications Commission (FCC) is asserting unprecedented authority to regulate data security matters with its recent action against two telecommunications carriers for failing to protect customers’ personal information from unauthorized disclosure. The FCC issued a Notice of...