|Federal Agencies Issue Final Volcker Rule|
Eric A. Arnold, Brian Barrett, Frederick R. Bellamy, James M. Cain, Jacob Dweck; Sutherland Asbill & Brennan LLP;
December 17, 2013, previously published on December 13, 2013On December 10, 2013, five federal agencies, including the Federal Reserve Board, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, the Securities and Exchange Commission, and the Commodity Futures Trading Commission (CFTC) issued the final Volcker Rule (the...
|CFTC Issues No-Action Relief and Interpretive Guidance Related to SEFs|
James M. Cain, Jacob Dweck, Daphne G. Frydman, Catherine M. Krupka, David T. McIndoe; Sutherland Asbill & Brennan LLP;
October 3, 2013, previously published on October 2, 2013As the date for compliance with swap execution facility (SEF) registration requirements approached, the Commodity Futures Trading Commission (the CFTC or Commission) issued a number of no-action letters and interpretive guidance regarding the obligations of market participants, intermediaries,...
|District Court without Jurisdiction over Calpine Efforts to Reject Power Contracts|
Thomas M. Byrne, B. Knox Dobbins, Jacob Dweck, Richard G. Murphy, Paul Turner; Sutherland Asbill & Brennan LLP;
March 27, 2006, previously published on March 23, 2006A January 27, 2006 opinion by the U.S. District Court for the Southern District of New York in the bankruptcy case of Calpine Corporation raises potential difficulties for future bankrupt energy companies' efforts at restructuring. Moreover, if not overturned on appeal, the ruling establishes a...