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Adobe PDFWhat is in a Name? Provisional Liquidators, Liquidators & Ad Valorem Fees
Justine T. K. Lau, Richard M. Tollan; Mayer Brown JSM;
Legal Alert/Article
April 16, 2015, previously published on March 10, 2015
We have previously reported that the Official Receiver retains its entitlement to ad valorem fees on the conversion of a compulsory liquidation to a creditors’ voluntary winding-up (CVL).

 

HTMLUS Treasury and Commerce Departments Announce Regulations To Implement the New US Policy Toward Cuba
Carol J. Bilzi, Simeon M. Kriesberg, Paul Virtue; Mayer Brown LLP;
Legal Alert/Article
April 16, 2015, previously published on January 15, 2015
The US Treasury and Commerce departments announced that on January 16 they will issue certain amendments to US sanctions and export control regulations in order to implement the new US policy toward Cuba that President Obama announced on December 17.1 The amendments, which will take immediate...

 

Adobe PDFDraft Foreign Investment Law: Fundamental Changes to Foreign Investment Regime in China
Xiang Yang Ge, Ping Liu, Betty F. K. Tam; Johnson Stokes & Master Mayer Brown JSM;
Legal Alert/Article
April 14, 2015, previously published on January 28, 2015
On 19 January 2015, the Ministry of Commerce of China (“MOFCOM”) released a draft version of the Foreign Investment Law (“Draft Foreign Investment Law”) for public comments. The deadline to submit comments is 17 February 2015.

 

Adobe PDFThe US Consumer Financial Protection Bureau’s “Abusive” Standard — Early Lessons
Catherine A. Bernard, Reginald R. Goeke, Jeffrey H. Redfern; Mayer Brown LLP;
Legal Alert/Article
April 14, 2015, previously published on February 12, 2015
The Dodd-Frank Act granted the Consumer Financial Protection Bureau (CFPB or Bureau) the authority to combat “unfair, deceptive, or abusive” practices in the consumer finance industry. “Unfair and deceptive” acts and practices have long been prohibited by the Federal Trade...

 

Adobe PDFEU Antitrust Private Damages Actions: The Impact in England of the Directive on Anti-Trust Damages Actions
Kiran S. Desai, Julian Ellison, Nathalie Jalabert Doury, Miles Robinson, Mark Stefanini; Mayer Brown International LLP;
Legal Alert/Article
April 14, 2015, previously published on February 2015
In the latest of a series of commentary pieces by Mayer Brown on the recent directive on private anti-trust damages actions (the “Directive”), we look at some key questions that businesses may have regarding these actions and the impact of the Directive in England. In the coming weeks,...

 

HTMLSupreme Court Agrees to Decide When ERISA Plans May Recover Benefit Overpayments
Brian D. Netter, Nancy G. Ross; Mayer Brown LLP;
Legal Alert/Article
April 14, 2015, previously published on March 31, 2015
When a fiduciary to an employee benefit plan overpays a plan participant, the fiduciary must resort to remedies offered by the Employee Retirement Income Security Act (ERISA). Section 502(a)(3) of ERISA authorizes a fiduciary to recover “appropriate equitable relief”—a nebulous...

 

Adobe PDFSenior Managers Regime and Employment Law Implications - Where Are We Now?
Mark Compton, Purvis Ghani; Mayer Brown International LLP;
Legal Alert/Article
April 14, 2015, previously published on February 2015
With the consultation on transitional arrangements for the introduction of the senior managers and certification regimes due to close on 27 February, it is a good time to take stock of the proposed new regulatory framework and assess the potential impact from an employment and HR perspective.

 

HTMLElectronic Discovery & Information Governance - Tip of the Month: Proposed Federal Discovery Rules: Effect on Big Data and Social Media Discovery
Michael D. Battaglia, Eric B. Evans, Kim A. Leffert, Anne M. Selin; Mayer Brown LLP;
Legal Alert/Article
April 14, 2015, previously published on March 31, 2015
Plaintiffs have filed a complex class action case against a global multimedia conglomerate, alleging widespread employment discrimination that resulted in suppressed wages. Discovery has just begun, and plaintiffs have asked for all of the defendant’s pay and human resources data that reside...

 

Adobe PDF2015 - The Year of Competition in Hong Kong
Hannah C. L. Ha, John M. Hickin; Mayer Brown JSM;
Legal Alert/Article
April 14, 2015, previously published on February 27, 2015
As we step into the Year of the Goat, businesses in Hong Kong are gearing up for the impending enforcement of the Competition Ordinance (Cap.619) (Ordinance), with the Competition Commission (Commission) having indicated the Ordinance is likely to come into operation by the end of 2015.

 

Adobe PDFCharges Cap in Money Purchase Default Arrangements: Mapping and White-Labelling
Jonathan Moody, Ian Wright; Mayer Brown International LLP;
Legal Alert/Article
April 14, 2015, previously published on February 2015
The final version of the charges cap regulations were published last week and are due to come into force on 6 April. Broadly, they will impose a 0.75% cap on charges in money purchase default arrangements. But the regulations give an unexpectedly wide meaning to “default arrangement” in...

 


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