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|Credit Default Risk in Latin America: A Regional Outlook|
Robert da Silva Ashley, Maria Luisa Canovas, Marcello Hallake, Pedro A. Jiménez, Javier L. Martínez del Campo; Jones Day;
June 8, 2016, previously published on May 2016In our January 2016 Commentary, “Are You Ready for the Emerging Market Credit Bust?,” we noted that with emerging market debt levels soaring to unprecedented heights and the inevitable cross-border repercussions of defaults, creditors were going to need a well-planned,...
|Government’s Decision Not to Charge Phil Mickelson Illustrates Difficulties in Proving Insider Trading Cases Against Tippees|
Douglas H. Fischer, Joseph V. Moreno, Kendra (Clayton) Wharton; Cadwalader, Wickersham & Taft LLP;
June 8, 2016, previously published on May 24, 2016On May 19, 2016, the United States Attorney’s Office for the Southern District of New York and the Securities and Exchange Commission (“SEC”) announced insider trading charges against Las Vegas sports bettor William (“Billy”) Walters and former Dean Foods chairman...
|Vermont Governor Signs Ban the Box Legislation; Connecticut Governor Expected to Sign Such Law|
Tanya A. Bovée, Holly L. Cini, Susan M. Corcoran, Richard I. Greenberg, Anna Matsuo, Martha Van Oot; Jackson Lewis P.C.;
June 3, 2016, previously published on May 6, 2016Vermont Governor Peter Shumlin has made the Green Mountain State the most recent state in the nation to implement statewide “ban the box” legislation. Connecticut may soon follow, once Governor Dannel Malloy signs legislation passed by the state legislature on May 4, 2016.
|New York: Governor Signs 2016-2017 Budget Bill|
David M. Kall, Susan Millradt McGlone; McDonald Hopkins LLC;
June 2, 2016, previously published on May 4, 2016At the end of March, New York Gov. Cuomo announced that he and lawmakers had reached an agreement on the 2016-17 budget. Holding growth in state spending of $96.2 billion to 2 percent for the sixth year in a row, the budget “includes a number of landmark policies that will strengthen...
|Campbell v. Bruce (County), 2016 ONCA 371|
Natalie Kolos, Kevin A. McGivney; Borden Ladner Gervais LLP;
June 2, 2016, previously published on May 19, 2016The Ontario Court of Appeal has upheld the Trial Judge's decision in Campbell v. Bruce (County), 2015 ONSC 230.
|Introduction to Ontario’s Community Hubs Strategic Framework and Action Plan|
Brennan M. Carroll, Webnesh Haile, Nick G. Pasquino; Borden Ladner Gervais LLP;
May 26, 2016, previously published on April 22, 2016 The concept of multiple organizations sharing space and resources is not a new one. Since 2015, however, the Ontario government has expressed a new dedication to fostering these collaborations as a key element of the cost-efficient and effective delivery of services to Ontario's diverse...
|IRS Releases Proposed Regulations Defining a “Political Subdivision” For Purposes of Determining Eligibility to Issue Tax-Exempt Bonds|
Rene Adema Moore, Dee P. Wisor; Butler Snow LLP;
May 26, 2016, previously published on March 1, 2016On February 22, 2016, the Internal Revenue Service (the “IRS”) released proposed treasury regulations (the “Proposed Regulations” ) to provide guidance as to how the IRS intends to prospectively define a “political subdivision” for purposes of allowing political...
|Relief for Small Businesses Targeted by ADA Lawsuits in California|
Marc B. Koenigsberg; Greenberg Traurig, LLP;
May 26, 2016, previously published on May 11, 2016After passing unanimously out of the California Senate and the Assembly, and with the unusual support of both business groups and trial lawyers, Governor Jerry Brown signed SB 269 (Roth). The bill is intended to provide some relief to small businesses sued for alleged violations of disability...
|Florida Passes Legislation That Will Facilitate Public-Private Partnership (P3) Projects|
Bruce H. Giles-Klein, Timothy J. Green; Greenberg Traurig, LLP;
May 20, 2016, previously published on April 28, 2016The State of Florida, a longtime leader among states in facilitating Public Private Partnership projects (P3s), has recently passed legislation that will expand available options for the tax-exempt financing of P3 projects. On April 4, 2016, the Governor of Florida signed into law House Bill 7027...
|Tennessee Legislature Passes Certificate of Need Reform|
J. Matthew Kroplin, Jerry W. Taylor; Burr & Forman LLP;
May 20, 2016, previously published on April 2016This week, both houses of the Tennessee General Assembly unanimously approved legislation that will significantly reform Tennessee’s certificate of need (CON) program.