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HTMLNinth Circuit Decision Clarifies the Applicability of US Antitrust Law to Foreign Conduct; Leaves Some Ambiguities
Robert E. Bloch, Kelly B. Kramer, Stephen M. Medlock; Mayer Brown LLP;
Legal Alert/Article
July 17, 2014, previously published on July 16, 2014
One of the most important topics in cartel enforcement today is the extent to which the Foreign Trade Antitrust Improvements Act (“FTAIA”) limits the extraterritorial reach of the Sherman Act. On July 10, 2014, the Ninth Circuit weighed in on this question by affirming a broad...

 

Adobe PDFMOFCOM Removes Capital Contribution Restrictions on Foreign Investments in China
Joyce J. Sun, Betty F. K. Tam; Johnson Stokes & Master Mayer Brown JSM;
Legal Alert/Article
July 15, 2014, previously published on July 2, 2014
On 17 June 2014 the Ministry of Commerce of China (MOFCOM) issued the Notice on the Improvement of Foreign Investment Approval and Administration Matters (“Notice”), confirming that the company registration system reform introduced in China earlier this year applies equally to...

 

Adobe PDFImplementing An Information Governance Program
Mayer Brown LLP;
Legal Alert/Article
July 15, 2014, previously published on June 2014
The IT department of a retail company implements email account volume limits in attempt to control growing data proliferation. In response, employees in the data analytics department begin using off-system cloud storage options to store their data. The cloud storage company announces that there has...

 

HTMLState Decree No. 44.886/2014: Tax Amnesty Program for the State of Rio de Janeiro
Carolina M. Bottino, Roberta P. Caneca, Ivan Tauil; Tauil & Chequer Advogados in association with Mayer Brown LLP;
Legal Alert/Article
July 14, 2014, previously published on July 10, 2014
On 07/03/2014, in the Official Gazette of Rio de Janeiro, State Decree No. 44.886/2014 was published. It modifies the previous ruling concerning ICMS Convention No. 128/2013. This Convention authorizes the State of Rio de Janeiro to implement a Tax Amnesty Program to waive or reduce penalties and...

 

HTMLHong Kong Owner Successfully Appeals Against Conviction under the Air Pollution Control Ordinance
Geoffrey Y. M. Chan, Mei Ling Lew; Mayer Brown JSM;
Legal Alert/Article
July 14, 2014, previously published on July 10, 2014
In the recent case of HKSAR v. Wing Lok Construction & Engineering Co., Ltd. [2014] 2 HKLRD 669, the Court of First Instance allowed an appeal against the conviction of an owner of premises under s.77(2) of the Air Pollution Control Ordinance, Cap. 311 (APCO) for, when carrying out or causing...

 

HTMLUS Trade Representative Initiates an Environmental Review of Free Trade Agreement with the European Union
Timothy J. Keeler, Margaret-Rose Sales; Mayer Brown LLP;
Legal Alert/Article
July 14, 2014, previously published on July 9, 2014
The United States Trade Representative (USTR) has published a notice in the Federal Register announcing the initiation of an environmental review of the Transatlantic Trade and Investment Partnership Agreement (T-TIP), a free trade agreement currently being negotiated between the United States and...

 

HTMLUS Supreme Court Expands (and Potentially Limits) the Reach of the Bank Fraud Statute
Vincent J. Connelly, William Michael, Richard E. Nowak; Mayer Brown LLP;
Legal Alert/Article
July 14, 2014, previously published on July 9, 2014
The US Supreme Court has unanimously held that federal prosecutors can use the federal bank fraud statute, 18 U.S.C. § 1344, against offenders in cases where a bank is not the intended target of a fraud.

 

HTMLBank Guarantees and Shipbuilding Contracts with Mainland Shipyards
Bill Amos; Mayer Brown JSM;
Legal Alert/Article
July 14, 2014, previously published on July 10, 2014
For a shipowner the process of buying a new vessel from a shipyard can be a hazardous venture, much riskier than buying an existing, second-hand vessel. This is because the shipowner has to part with millions of dollars “up front” to a shipyard/builder, by way of payment instalments to...

 

HTMLMPF Amendment Bill Gazetted in Hong Kong
Duncan A. W. Abate; Mayer Brown JSM;
Legal Alert/Article
July 14, 2014, previously published on July 8, 2014
If passed, the Mandatory Provident Fund Schemes (Amendment) Bill, gazetted on 27 June 2014, will introduce some fundamental new concepts into Hong Kong’s Mandatory Provident Fund system. In particular it will introduce a new circumstance in which benefits can be paid (terminal illness) and...

 

HTMLFTC’s Report Provides Recommendations for Data
Justin R. Dickerson, John Nadolenco, Evan M. Wooten; Mayer Brown LLP;
Legal Alert/Article
July 14, 2014, previously published on July 7, 2014
Edith Ramirez, the chair of the US Federal Trade Commission (FTC or the Commission), has often said that “with really big data, comes really big responsibility.” What she meant was not always clear.

 


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