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HTMLNinth Circuit Upholds Substantial Punitive Damages Award in Sexual Harassment Case Despite Award of Nominal Compensatory Damages
Ruth Zadikany, Lori A. Zahalka; Mayer Brown LLP;
Legal Alert/Article
April 7, 2015, previously published on January 28, 2015
Decision: In State of Arizona v. Asarco, an en banc Ninth Circuit panel held that a $300,000 punitive damages verdict in a sexual harassment case in which only nominal damages were awarded comported with due process. The plaintiffs in the underlying case successfully established liability for...

 

HTMLCourt Fee increases from Monday
Miles Robinson, Kate Wilson; Mayer Brown International LLP;
Legal Alert/Article
April 7, 2015, previously published on March 5, 2015
In January 2015, the Government announced a dramatic increase in the fee for issuing Court proceedings in money claims worth £10,000 or more. Following Parliamentary approval on 4 March, the new fees will come into force on 9 March. Until now, the highest issue fee for a money claim has been...

 

HTMLFederal Revenue Ordinance No. 1
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
April 7, 2015, previously published on February 25, 2015
On February 18, 2015 the Federal Revenue Ordinance no. 1 was enacted, which regulates the federal tax installment program, applied to companies and shareholders that are under judicial reorganization, instituted by the Law 13.043/14 (derived from the conversion of Provisional Measure 651/14).

 

HTMLBrasil: CADE Aprova Nova Regulamentação Sobre o Procedimento de Consulta
Eduardo Molan Gaban, Natali de Vicente Santos; Mayer Brown LLP;
Legal Alert/Article
March 27, 2015, previously published on March 19, 2015
On March 11th 2015, the Brazilian Antitrust Authority, the Administrative Council for Economic Defense - CADE, passed a new resolution on the enquiry procedure stipulated under Law no 12.529/2011. The new regulation came into force on March, 17th, 2015, when it was published in the Brazilian...

 

HTMLBrazil Issues Regulations Implementing the Clean Companies Act
Salim Jorge Saud Neto; Tauil & Chequer Advogados in association with Mayer Brown LLP;
Legal Alert/Article
March 27, 2015, previously published on March 20, 2015
More than a year after Brazil enacted the Clean Companies Act (Law 12,846 of August 1, 2013) ("CCA"), President Dilma Rousseff signed Decree 8,420 (the “Decree”) to regulate the Act. The regulations came on the heels of massive protests against corruption.

 

HTMLHas the New Patent Act Created a Mechanism for Investment Firms to Dramatically Alter the Value of Their Investments?
Michael Martinez, Brian W. Nolan; Mayer Brown LLP;
Legal Alert/Article
March 26, 2015, previously published on March 25, 2015
The America Invents Act of 2011 (AIA) created procedural vehicles for new market participants, such as investment firms, to challenge patents. These procedural vehicles include inter partes review (“IPR”) and post-grant review (“PGR”). Recent use of these procedures by...

 

HTMLUncertainty in the Trademark World in the Wake of B&B Hardware
Michael D. Adams, Richard M. Assmus; Mayer Brown LLP;
Legal Alert/Article
March 26, 2015, previously published on March 25, 2015
The US Supreme Court’s March 24, 2015, ruling in B&B Hardware Inc. v. Hargis Industries Inc. will almost certainly change the use and importance of Trademark Trial and Appeal Board (TTAB) proceedings, but there are many open questions about how significant the impact of the Supreme...

 

Adobe PDFU.S. Commodity Futures Trading Commission Issues No-Action Letter Relating to Insurance-Linked Securities
Richard K. Pan, Stephen G. Rooney, Richard B. Spitzer; Mayer Brown LLP;
Legal Alert/Article
March 18, 2015, previously published on December 31, 2014
On December 18, 2014, the U.S. Commodity Futures Trading Commission (CFTC) issued a no-action letter (CFTC Letter 14-152) providing relief from commodity pool operator (CPO) registration for operators of certain insurancelinked securities (ILS) issuers.

 

HTMLBrazil’s CADE Executes Cooperation Agreement with IDB and World Bank
Eduardo Molan Gaban; Mayer Brown LLP;
Legal Alert/Article
March 18, 2015, previously published on March 17, 2015
The Administrative Council for Economic Defense (“CADE”) has recently executed a “Memorandum of Understanding” with the World Bank Group, as well as a “Covenant for Cooperation and Sharing of Information” with the Inter-American Development Bank...

 

HTMLHETA ASSET RESOLUTION AG: Austrian Financial Market Authority Imposes Temporary Debt Moratorium
Dr. Simon Grieser, Andreas Lange, Dr. Jochen Seitz, Dr. Jorg Wulfken; Mayer Brown LLP;
Legal Alert/Article
March 18, 2015, previously published on March 11, 2015
By an ordinance (Mandatsbescheid) issued on March 1, 2015, the Austrian Financial Market Authority (“FMA”) has initiated the resolution of HETA ASSET RESOLUTION AG (“HETA”). HETA is the “bad bank” that was established to assume and manage large parts of the...

 


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