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HTMLGood News for Hong Kong Companies with Bilingual Names
Loretta W.M. Chan, Patrick C. K. Wong; Mayer Brown JSM;
Legal Alert/Article
July 26, 2014, previously published on July 25, 2014
Since the commencement of the Companies (Disclosure of Company Name and Liability Status) Regulation (Cap.622B) ("Regulation"), a subsidiary legislation of the Companies Ordinance (Cap.622) in March this year, practitioners and compliance professionals have been concerned about its impact...


HTMLUS Government Agencies Expand Ukraine-Related Sanctions
Suzan Min Lehmann; Hinckley, Allen & Snyder LLP;
Legal Alert/Article
July 23, 2014, previously published on July 21, 2014
On Wednesday, July 16, 2014, President Obama announced new economic sanctions that restrict access by targeted companies in Russia’s financial and energy sectors to US capital markets. These sanctions are being implemented by the U.S. Department of the Treasury’s Office of Foreign Asset...


HTMLBrussels Regulation Reform—Effects Felt Beyond Europe
Christopher Braithwaite, Adam R. Brown, Lucas J. Moore; Jones Day;
Legal Alert/Article
July 14, 2014, previously published on July 2014
From 10 January 2015, the reformed Brussels Regulation will be applied by the courts of all Member States of the European Union to regulate matters of jurisdiction and the recognition and enforcement of judgments in connection with civil and commercial claims. The impact of the "key"...


HTMLChoice of Contractual Governing Law: A Key Risk Management Tool
Stephen Antle; Borden Ladner Gervais LLP;
Legal Alert/Article
July 9, 2014, previously published on July 4, 2014
This is the first in a series of bulletins highlighting practical strategies for dealing with common issues in international business transactions and disputes. This bulletin is about choice of contractual governing law - a key risk management tool in international business transactions.


Adobe PDFMake 'Em Pay! Sovereign Nation Or Not
Joseph T. King; Burr & Forman LLP;
Legal Alert/Article
July 7, 2014, previously published on June 26, 2014
On June 16, 2014, the United States Supreme Court ruled that the Foreign Sovereign Immunities Act doesn't forbid or limit post-judgment discovery in aid of execution. Indeed, there is nothing wrong with a judgment creditor seeking discovery in a supplemental proceeding of a sovereign nation's bank...


Adobe PDFU.S. Supreme Court Rejects Limits on Post-Judgment Discovery Into Foreign States’ Assets: Supreme Court Holds That Post-Judgment Discovery Into the Overseas Assets of a Foreign State Is Not Barred by the Foreign Sovereign Immunities Act
Sullivan Cromwell LLP;
Legal Alert/Article
June 27, 2014, previously published on June 16, 2014
The U.S. Supreme Court held today that the Foreign Sovereign Immunities Act (FSIA), 28 U.S.C. § 1602 et seq., does not bar post-judgment discovery into the overseas assets of a foreign state. In Argentina v. NML Capital Ltd., No. 12-842 (June 16, 2014), a divided Court affirmed the Second...


HTMLRating Agency Liability to Investors Upheld by Australian Federal Court of Appeals
Steven W. Fleming; Jones Day;
Legal Alert/Article
June 24, 2014, previously published on June 2014
In a landmark decision, a bench of three judges of the Full Federal Court—which essentially acts as the Federal court of appeal in Australia—has, in ABN AMRO Bank NV v Bathurst Regional Council [2014] FCAFC 65, unanimously upheld a first instance decision which ruled that global ratings...


HTMLConflict Over Proportionate Liability Laws in Australia
John Emmerig, Michael Legg; Jones Day;
Legal Alert/Article
June 24, 2014, previously published on June 2014
The judgments in two Full Court decisions of the Federal Court, delivered one week apart, have reached quite different views on an important aspect of the operation of the proportionate liability laws for a number of important federal statutory regimes.


HTMLThe Importance of Borders in a Borderless World: Ontario Court Stays Action for U.S. Transportation Taxes
Byron Shaw; McCarthy Tétrault LLP;
Legal Alert/Article
June 23, 2014, previously published on June 4, 2014
In Prince v. ACE Aviation Holdings Inc., the Ontario Court of Appeal stayed a class action based on allegations that Air Canada had improperly collected transportation taxes levied under the U.S. Internal Revenue Code (the “Code”). The Court’s decision highlights the difficulty in...


Adobe PDFPending Deadlines and Electronic Filing Requirement for Those with Foreign Assets or Accounts
Alex P. Trostorff; Jones Walker LLP;
Legal Alert/Article
June 16, 2014, previously published on June 2014
U.S. citizens and resident aliens, including those with dual citizenship who have lived or worked abroad during all or part of 2013, may have a U.S. tax liability and a filing requirement in 2014, with the June 16 filing deadline quickly approaching. In addition, taxpayers with foreign accounts...


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