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HTMLFederal Reserve Board Issues Volcker Rule Conformance Period Extension
Scott A. Anenberg, Michael D. Lewis, Jerome J. Roche, David R. Sahr, Donald S. Waack; Mayer Brown LLP;
Legal Alert/Article
February 26, 2015, previously published on December 19, 2014
On December 18, 2014, the Federal Reserve Board (“Board”) announced that it is extending the Volcker Rule conformance period for certain fund investments and relationships from July 21, 2015, until July 21, 2016, and that it intends next year to grant a further extension of the...

 

HTMLUS Supreme Court Rules Employers Do Not Need to Pay Employees For Post-Shift Time in Security Lines
Maritoni D. Kane, Andrew S. Rosenman, Ruth Zadikany, John Zaimes; Mayer Brown LLP;
Legal Alert/Article
February 26, 2015, previously published on December 16, 2014
In a unanimous decision authored by Justice Clarence Thomas, the US Supreme Court has ruled that Fair Labor Standards Act (FLSA) does not require that employees be compensated for time spent going through (and waiting to go through) security screenings before leaving the workplace.

 

HTMLBrazilian Federal Decree No. 8405/2015: Social Security Agreement Between and Belgium
Carolina M. Bottino, Roberta P. Caneca, Celso Grisi, Eduardo Maccari Telles, Ivan Tauil; Mayer Brown LLP;
Legal Alert/Article
February 26, 2015, previously published on February 19, 2015
On 02/12/2015, the Brazilian government’s Official Gazette published Federal Decree No. 8405/2015, enacting the Social Security Agreement entered into between Brazil and Belgium. The Decree creates the possibility to temporarily assign employees to the other Contracting State while...

 

HTMLForeign Bribery Report Issued by OECD
Abigail M. Bartine, J. Gregory Deis, Michael D. Frisch, William Michael; Mayer Brown LLP;
Legal Alert/Article
February 26, 2015, previously published on December 16, 2014
The Organisation for Economic Co-operation and Development (OECD) has released its Foreign Bribery Report, which provides a comprehensive analysis of anti-bribery enforcement actions around the world dating from 1999. The report examines enforcement actions taken by all countries that have enacted...

 

HTMLBrazil’s New Trademark Examination Guidelines
Julio Regoto, Salim Jorge Saud Neto; Tauil & Chequer Advogados in association with Mayer Brown LLP;
Legal Alert/Article
February 26, 2015, previously published on December 11, 2014
On December 09, 2014, the Brazilian Patent and Trademark Office (BPTO) published Resolution No. 142/2014 (“Resolution”) in its Official Gazette, No. 2292. The Resolution consolidates various trademark regulatory sources focused on the application of the provisions of Brazilian...

 

HTMLUS Second Circuit Heightens the Standard of Proof Required To Sustain Tipper/Tippee Insider Trading Convictions
Melanie M. Burke, Joseph De Simone, William Michael, Richard M. Rosenfeld, Matthew A. Rossi; Mayer Brown LLP;
Legal Alert/Article
February 26, 2015, previously published on December 15, 2014
On December 10, 2014, in United States v. Newman, et al., the US Court of Appeals for the Second Circuit clarified the elements required to establish insider trading in tipper/tippee cases by holding that “in order to sustain a conviction for insider trading, the government must prove beyond...

 

HTMLCADE Updates Effects Test for Jurisdiction in Merger Control in Brazil
Michael A. Molano; Mayer Brown LLP;
Legal Alert/Article
February 26, 2015, previously published on December 10, 2014
Brazil’s Council for Economic Defence (“CADE”) recently issued a decision in which it once again had to determine whether transactions that are carried out in different jurisdictions are required to be submitted to CADE when objective turnover thresholds are met, but where the...

 

HTMLFood & Beverage Liberalisation and Vietnam's WTO Commitments
David Harrison, Viet Hung Nguyen; Mayer Brown JSM Vietnam Limited;
Legal Alert/Article
February 26, 2015, previously published on December 15, 2014
It has been seven years since Vietnam became a member of the World Trade Organisation (WTO). Since its accession, there are a number of service sectors which have been liberalised to foreign investors pursuant to the Specific Commitments in Services of Vietnam to WTO ("WTO Commitments")....

 

Adobe PDFNDRC Issued the Revised Draft of Foreign Investment Catalogue to Open More Sectors to Foreign Investment
Gavin W. H. Guo, Betty F. K. Tam; Johnson Stokes & Master Mayer Brown JSM;
Legal Alert/Article
February 24, 2015, previously published on November 17, 2014
On 4 November 2014, the National Development and Reform Commission (NDRC) released the latest revised draft of the Foreign Investment Industrial Guidance Catalogue (Catalogue) soliciting public comments. The deadline to submit comments is 3 December 2014.

 

HTMLLevels of Compensation Under the Employees’ Compensation Ordinance in Hong Kong Increased Following Review
Mayer Brown LLP;
Legal Alert/Article
February 19, 2015, previously published on February 4, 2015
All EC insurers and employers are advised to take note that a resolution has been passed by the Legislative Council on 4 February 2015 to increase the statutory compensation levels under various employees compensation ordinances, including the ECO, to bring them in line with wage and price...

 


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