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HTML2015 - A Record Year For Auto Recalls
Sutherland Asbill Brennan LLP;
Legal Alert/Article
January 26, 2016, previously published on January 25, 2016
The National Highway Traffic Safety Administration has reported that automakers recalled 51.3 million vehicles in 2015. This marks the second highest yearly number of recalls in the United States, trailing only 2014 when a reported 63.9 million vehicles were recalled. The NHTSA has recently...

 

HTMLJapan Invests in Autonomous Cars to Aide Aging Population
Sutherland Asbill Brennan LLP;
Legal Alert/Article
January 25, 2016, previously published on January 22, 2016
Japan has announced heavy investment in autonomous cars in recent years as a means to address concerns presented by its aging population. The Japanese government has allocated 2 billion yen ($16.3 million) a year to develop maps and other technologies in a push to roll out fully automated driving...

 

HTMLFTC Cautions Auto Industry on Data Protection
Sutherland Asbill Brennan LLP;
Legal Alert/Article
January 25, 2016, previously published on January 22, 2016
Federal Trade Commissioner Maureen Olhansusen issued a stern warning to the automotive industry that they will have to take steps to protect customer information or face enforcement actions from her agency. Olhansusen, speaking at the Washington Auto Show’s Public Policy review panel,...

 

HTMLCanadian Energy Board Grants Two Long-Term LNG Export Licenses
Sutherland Asbill Brennan LLP;
Legal Alert/Article
January 22, 2016, previously published on January 21, 2016
Canada’s National Energy Board (NEB) has approved NewTimes Energy Ltd’s application for a license to export over 25 years up to 586 Bcf/year of LNG with an additional annual tolerance of 15 percent from a floating liquefaction and LNG export terminal facility it intends to build near...

 

HTMLEPA Recommends FERC Revise its Guidance to LNG Project Applicants to Address Increased Gas Production and Climate Change
Sutherland Asbill Brennan LLP;
Legal Alert/Article
January 22, 2016, previously published on January 21, 2016
In comments submitted to FERC regarding FERC’s review of its Guidance Manual for environmental reports prepared for Natural Gas Act applicants, the U.S. Environmental Protection Agency recommends that the Guidance Manual request LNG export project applicants (1) to provide information...

 

HTMLFifth Circuit Finds Two “Occurrences” In Rejecting Rig Owner’s Insurance Claim
Sutherland Asbill Brennan LLP;
Legal Alert/Article
January 21, 2016, previously published on January 21, 2016
On Tuesday, the Fifth Circuit affirmed a judgment for the insurers of a drilling rig that rejected a claim from the rig owner for approximately $17 million in losses. Following a storm in February 2010, a jack-up drilling rig encountered severe weather and the rough seas caused the rig’s legs...

 

HTMLWrongful Death Case In Concrete Crushing Machine Incident Remanded To Louisiana Court
Sutherland Asbill Brennan LLP;
Legal Alert/Article
January 21, 2016, previously published on January 20, 2016
Following the death of a Louisiana worker pulled into a concrete crushing machine, the worker’s mother brought suit against a number of entities in state court, some of which were Louisiana companies and some of which were out-of-state entities. The out-of-state entities, including the...

 

HTMLU.S. Supreme Court Grants Certiorari In Connection With Insider Trading Case That Would Resolve Circuit Split Over Tipper Liability
Sutherland Asbill Brennan LLP;
Legal Alert/Article
January 21, 2016, previously published on January 21, 2016
Earlier this week, the U.S. Supreme Court agreed to hear Salman v. United States, a case that would resolve a split among federal appeals courts over the issue of the nature of the “personal benefit” that must accrue to an insider to establish insider trading under Dirks v. SEC, a...

 

HTMLFFIEC Issues Joint Statement on Cyber Attacks Involving Extortion
Sutherland Asbill Brennan LLP;
Legal Alert/Article
January 21, 2016, previously published on January 21, 2016
The Federal Financial Institutions Examination Council (FFIEC) recently issued a joint statement to notify financial institutions of the increasing frequency and severity of cyber attacks involving extortion. These attacks use a variety of tactics, such as ransomware, denial of service, and theft...

 

HTMLSEC Proposes Rule Related to Use of Derivatives and Financial Commitment Transactions by Regulated Funds
Frederick R. Bellamy, Cynthia R. Beyea, Thomas E. Bisset, Steven B. Boehm, Daphne G. Frydman; Sutherland Asbill & Brennan LLP;
Legal Alert/Article
January 20, 2016, previously published on January 20, 2016
In December 2015, the Securities and Exchange Commission (the SEC) proposed a new Rule 18f-4 under the Investment Company Act of 1940 (the 1940 Act) that would, if adopted, affect the ability of mutual funds, exchange-traded funds (ETFs), closed-end funds and business development companies (BDCs)...

 


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