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HTMLSEC Issues Guidance on Business Continuity Planning for Registered Investment Companies
Cynthia R. Beyea, Steven B. Boehm, Michael B. Koffler, Cynthia M. Krus, Lisa A. Morgan; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
July 15, 2016, previously published on July 15, 2016
On June 27, the staff of the Securities and Exchange Commission’s (Commission or SEC) Division of Investment Management (IM) issued a Guidance Update on business continuity planning for registered investment companies (funds).1 The Guidance Update provides the staff’s view on what funds...

 

HTMLAnalysts: U.S. LNG Supplies Not Expected in Asian Markets Anytime Soon
Sutherland Asbill Brennan LLP;
Legal Alert/Article
July 15, 2016, previously published on July 15, 2016
Citibank analysts predict that with the current glut of LNG in the global market and resulting low prices, U.S. LNG supplies will not be shipped to Asia anytime soon even with the widened Panama Canal. The widened canal can now accommodate larger ships carrying LNG. “The Panama Canal...

 

HTMLMaritime Administration Releases DEIS for Delfin LNG Application
Sutherland Asbill Brennan LLP;
Legal Alert/Article
July 15, 2016, previously published on July 15, 2016
The U.S. Maritime Administration has released its Draft Environmental Impact Statement (DEIS) for Delfin LNG’s application for a license to construct and operate a deepwater port LNG export terminal and interconnected pipeline. The proposed Delfin LNG export terminal would be located in...

 

HTMLFERC Releases Project Update for Port Arthur LNG Export Terminal
Sutherland Asbill Brennan LLP;
Legal Alert/Article
July 15, 2016, previously published on July 14, 2016
FERC has released an update on its review of Port Arthur LNG’s proposal to construct liquefaction, LNG export terminal and interconnected pipeline facilities at Port Arthur, Texas. FERC is currently conducting its pre-filing environmental review process for the project and will provide...

 

HTMLAutomated Vehicle Hacking Brings New Risks to the Road
Sutherland Asbill Brennan LLP;
Legal Alert/Article
July 14, 2016, previously published on July 8, 2016
Vehicle technology is advancing at a rapid pace, with fully automated driving the ultimate goal. The sensors, data connections and software that will ultimately revolutionize driving also create cyber-vulnerabilities that present unique safety and privacy concerns not previously experienced in the...

 

HTMLFERC Authorizes Increased Production at Freeport LNG Facility
Sutherland Asbill Brennan LLP;
Legal Alert/Article
July 14, 2016, previously published on July 8, 2016
FERC has issued an order authorizing Freeport Liquefaction to increase the authorized maximum peak day LNG production level at its liquefaction and export terminal facility under construction on Quintana Island in Brazoria County, Texas. The facility was authorized to increase its production from...

 

HTMLEU-U.S. Privacy Shield Adopted
Sutherland Asbill Brennan LLP;
Legal Alert/Article
July 14, 2016, previously published on July 12, 2016
The European Commission has adopted the EU-U.S. Privacy Shield data transfer procedure, which replaces the safe harbor arrangement that was struck down by the European Court of Justice in October 2015. The Privacy Shield provides for additional protection of personal data, including dispute...

 

HTMLEU Leaders Approve EU-U.S. Privacy Shield
Sutherland Asbill Brennan LLP;
Legal Alert/Article
July 14, 2016, previously published on July 8, 2016
The European Union’s (EU) Article 31 committee, which is made up EU member states, has voted to approve the EU-U.S. Privacy Shield. This Trans-Atlantic Privacy Shield data transfer procedure replaces the safe harbor data transfer arrangement that was struck down by the European Court of...

 

HTMLStorm Slows Urea Plant Progress
Sutherland Asbill Brennan LLP;
Legal Alert/Article
July 14, 2016, previously published on July 12, 2016
Construction progress at a urea plant owned by a Basin Electric Power Cooperative subsidiary was set back when a storm with wind speeds clocking at almost 80 miles per hour hit the site over the holiday weekend. The plant, when complete, will produce 380,000 tons of urea annually.

 

HTMLArgentina Relaxes Restrictions on Ownership of Rural Properties by Foreigners
Victor P. Haley; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
July 14, 2016, previously published on July 11, 2016
On June 29, 2016, the Argentine executive branch enacted decree 820/2016 (the New Decree), easing certain restrictions imposed under existing law on the acquisition and leasing of rural lands by foreign individuals and legal entities (Law No. 26,737, enacted in 2011 by the former administration,...

 


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