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HTMLPRC Laws No Excuse for Non-compliance with SFC Requests
Susanne J. Harris, John M. Hickin, Nicholas D. Hunsworth, Billy Y. C. Lam, Thomas S. T. So; Mayer Brown JSM;
Legal Alert/Article
June 11, 2014, previously published on June 5, 2014
On 23 May 2014, the Court of First Instance ordered Hong Kong accounting firm Ernst & Young (EY) to produce documents relating to a PRC company, Standard Water Limited (the "Company"), to the Securities and Futures Commission (SFC). The court rejected EY's argument that it did not...

 

HTMLWTO Appellate Body Finds “Public Morals” Exception for Trade Restrictions Includes Animal Welfare
Duane W. Layton, Kelsey M. Rule, Paulette Vander Schueren; Mayer Brown LLP;
Legal Alert/Article
June 11, 2014, previously published on June 4, 2014
The Appellate Body of the World Trade Organization (WTO) has issued its ruling in the dispute over the European Union’s restrictions on the importation and marketing of seals and seal products. In its May 22, 2014 “mixed ruling,” the Appellate Body struck down the EU’s...

 

HTMLTo Disclose or Not to Disclose: Bankruptcy & Substituted Service, Petitioning Creditors Beware
Justine T. K. Lau, Edmund M. S. Ma, Richard M. Tollan; Mayer Brown JSM;
Legal Alert/Article
June 11, 2014, previously published on June 5, 2014
Following our previous legal update on substituted service of a statutory demand against an individual ("Bankruptcy & Substituted Service: Petitioning Creditors Beware...", 2 March 2012), the Court of Appeal’s recent decision in FWD Life Insurance Co (Bermuda) Ltd v. Chan Kim...

 

HTMLOn A Sticky Wicket Against Naughty Litigants
Duncan A. W. Abate, Anita W. C. Lam, Hong Tran; Mayer Brown JSM;
Legal Alert/Article
June 11, 2014, previously published on June 5, 2014
Draft legislation has been proposed to introduce changes to the Labour Tribunal Ordinance.

 

HTMLFourth Circuit Holds that Experts Must Separate Opinions From Fact Testimony and Lay Adequate Foundation for Both
Carl J. Summers, Evan M. Tager; Mayer Brown LLP;
Legal Alert/Article
June 11, 2014, previously published on June 3, 2014
Increasingly, in a number of contexts, experts are playing the role traditionally filled by attorneys: reviewing and explaining the relevance of the evidence, integrating it into the party’s narrative, and mixing in opinions along the way. This has the potentially dangerous effect of placing...

 

HTMLBrazil’s Office of the Comptroller General issues Guidelines in Connection with Entertainment of Public officials during the FIFA World Cup in Brazil
Kelly B. Kramer, Salim Jorge Saud Neto; Mayer Brown LLP;
Legal Alert/Article
June 11, 2014, previously published on June 3, 2014
Yesterday (2 June 2014), Brazil’s Office of the Comptroller General enacted Normative Guideline N. 01/2014 prescribing the terms under which Brazilian federal public officials may accept invitations to attend the 2014 FIFA World Cup being held in Brazil. The FIFA 2014 World Cup is the...

 

Adobe PDFThe Extraterritorial Effect of the EU Regulation
Alexandria Carr; Mayer Brown International LLP;
Legal Alert/Article
June 4, 2014, previously published on June 2014
On 10 April 2014 some of the legislation that provides for the extraterritorial effect of the European Markets Infrastructure Regulation (“EMIR”) came into force. The remaining legislation will come into force on 10 October 2014. This legal update considers this legislation and the...

 

HTMLUS Department of Energy Proposes to Suspend Conditional LNG Export Approvals to Non-FTA Countries and to Abandon Existing Order of Precedence
David I. Bloom, J. Paul Forrester, Brantley Webb; Mayer Brown LLP;
Legal Alert/Article
June 4, 2014, previously published on June 2, 2014
The US Department of Energy (DOE) has proposed to suspend its current practice of issuing conditional decisions on applications to export liquefied natural gas (LNG) from the lower-48 states to foreign countries without free trade agreements (FTAs) with the United States. Instead, according to its...

 

Adobe PDFAnalysis of Proposed Hydrocarbon Legal Regime in Mexico
Pablo C. Ferrante, John D. Furlow, Dallas Parker, Gabriel J. Salinas, Jose L. Valera; Mayer Brown LLP;
Legal Alert/Article
June 4, 2014, previously published on May 30, 2014
President Enrique Peña Nieto has introduced to the Mexican Congress nine new bills, as well as proposed amendments to several existing laws, to implement the constitutional energy reform that became effective on December 21, 2013. The constitutional energy reform eliminates a restrictive...

 

Adobe PDFFederal Tax Debts Installment Program - The Adherence Term is Reopened
Roberta P. Caneca, Ivan Tauil, Thais Bandeira de Mello Rodrigues; Mayer Brown LLP;
Legal Alert/Article
June 4, 2014, previously published on May 29, 2014
With the conversion of provisional measure (MP) No. 627 into Law No. 12,973/2014, the adherence term of the federal installment payment programs is open again until July 31, 2014. The reopened programs are: (I)Federal Tax Recuperation Program (‘’Refis da Crise’’), (II)...

 


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