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HTMLPart 1: Competition Starts Now - Hong Kong Competition Law Series
Hannah C. L. Ha, John M. Hickin; Mayer Brown LLP;
Legal Alert/Article
March 18, 2015, previously published on March 11, 2015
The impending commencement of Hong Kong's first cross-sector competition law brings to Hong Kong businesses a fresh challenge of managing competition law risk.

 

HTMLIRS Updates “Begun Construction” Guidance to Reflect One-Year Extension of the Production Tax Credit
Jeffrey G. Davis, Isaac L. Maron; Mayer Brown LLP;
Legal Alert/Article
March 18, 2015, previously published on March 12, 2015
The US Internal Revenue Service (the IRS) has released Notice 2015-25 (the Notice), which updates previously issued guidance to reflect the recent one-year extension of the renewable electricity production tax credit (the PTC) under Section 45 of the Internal Revenue Code of 1986 (the Code).

 

HTMLVietnam: Changes in Health Insurance Regulations
Quynh-Anh Lam, Viet Hung Nguyen; Mayer Brown LLP;
Legal Alert/Article
March 18, 2015, previously published on March 9, 2015
On 13 June 2014 the National Assembly issued Law No. 46/2014/QH11 ("Law 46") amending and supplementing some provisions of the Law on Health Insurance. Law 46 took effect on 1 January 2015. In order to provide implementing guidance to Law 46, on 15 November 2014 the Government issued...

 

HTMLGermany Introduces Rules on Female Quota for Supervisory Boards and Leadership Positions
Dr. Ulrike Binder, Dr. Guido Zeppenfeld; Mayer Brown LLP;
Legal Alert/Article
March 18, 2015, previously published on March 13, 2015
Germany introduces a statutory minimum quota for female representatives on supervisory boards of co-determined (50/50), listed companies. In addition, the new law obligates numerous companies to observe rules regarding the composition of their supervisory boards and leadership positions.

 

HTMLCFIUS Annual Report Reveals Increase in Scrutiny of Foreign Investments in the United States and Perceived Threat To Critical US Technologies
Timothy J. Keeler, Simeon M. Kriesberg, Kelsey M. Rule; Mayer Brown LLP;
Legal Alert/Article
March 10, 2015, previously published on March 3, 2015
The Committee on Foreign Investment in the United States (CFIUS) issued its Annual Report to Congress in February 2015, covering CFIUS activity during calendar year 2013. The report reflects the US government’s intensified scrutiny of risks to US national security from foreign investment....

 

HTMLUS Federal Judge Enjoins Obama Administration Plan to Stay Removal and Provide Work Authorization for Millions of Undocumented Aliens
Elizabeth (Liz) E. Stern, Paul Virtue; Mayer Brown LLP;
Legal Alert/Article
March 5, 2015, previously published on February 17, 2015
On February 16, a federal judge in Brownsville, Texas, issued a preliminary injunction against a plan announced by President Obama last November to defer the removal of several million parents of US citizens and green card holders. The so-called Deferred Action for Parents of Americans (DAPA)...

 

HTMLCONFAZ ICMS Conventions No. 3/2015, No. 4/2015 and No. 6/2015: Tax Amnesty Programs for the States of Tocantins, Paraná, Maranhão and the Federal District
Carolina M. Bottino, Roberta P. Caneca, Celso Grisi, Ivan Tauil, Eduardo Maccari Telles; Tauil & Chequer Advogados in association with Mayer Brown LLP;
Legal Alert/Article
March 5, 2015, previously published on February 11, 2015
On 02/06/2015, the Official Gazette published the CONFAZ ICMS Conventions No. 3/2015, No. 4/2015, and No. 6/2015 enacted by the National Finance Policy Council - CONFAZ.

 

HTMLImportant UK High Court Guidance on Pension Scheme Trustee Duties and the Status of a Scheme as "Open" Or "Frozen"
Andrew Block, Philippa James, Stuart Pickford; Mayer Brown International LLP;
Legal Alert/Article
March 5, 2015, previously published on February 25, 2015
The High Court has today given judgment in Merchant Navy Ratings Pension Fund Trustees Ltd v. Stena Line Ltd and Others1. The case gives important guidance on two issues relating to occupational pension schemes:

 

HTMLWhat ERISA Plan Fiduciaries Can Learn From Tibble v. Edison International
Reginald R. Goeke, Brian D. Netter, Nancy G. Ross; Mayer Brown LLP;
Legal Alert/Article
March 5, 2015, previously published on February 26, 2015
On February 24, the US Supreme Court heard arguments in an ERISA case challenging the prudence of certain investment options included within a 401(k) lineup. Although a decision is not expected until spring, certain risk avoidance lessons for plan sponsors and fiduciaries follow from the...

 

HTMLShenzhen Raises Minimum Wage: Rate to Take Effect from 1 March 2015
Andy S. Yeo, Esta H. Y. Zhang; Johnson Stokes & Master Mayer Brown JSM;
Legal Alert/Article
March 5, 2015, previously published on February 12, 2015
On 4 February 2015, the Shenzhen Municipal Human Resources and Social Security Bureau issued a notice (“Notice”) to increase the statutory minimum wage from 1 March 2015.

 


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