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 | Supreme Court Limits Review of Attorney-Client Privilege Orders
Lori Irish Bauman; Ater Wynne LLP; Legal Alert/Article December 14, 2009, previously published on December 8, 2009 The U.S. Supreme Court today held that a court's order compelling production of confidential information based on a waiver of the attorney-client privilege is not immediately appealable. As a result, a party seeking to protect privileged material in federal court may have to wait until after entry... |
| Profiles in Partnership: The Long View -- J.C. Newman Cigar Co. and Fowler White Boggs P.A.
E. Jackson Boggs; Fowler White Boggs P.A.; Counsel to Counsel Article December 14, 2009, previously published by LexisNexis® Martindale-Hubbell® Counsel to Counsel Magazine
on November/December 2009 In an era when
client relationships
are often fleeting and
contentious, there's a
lot to learn from a true
legacy partnership.
Fowler White Boggs P.A.
has provided service for
J.C. Newman Cigar Co.
for more than half a
century. |
 | SEC Proposes Mandatory Credit Ratings Disclosure
Danielle Carbone, Robert Evans, Stuart K. Fleischmann, Nathan Greene, Joel S. Klaperman; Shearman & Sterling LLP; Legal Alert/Article December 14, 2009, previously published on December 2, 2009 The U.S. Securities and Exchange Commission (“SEC”) proposed new rules that would require issuers to make disclosures about their credit ratings in prospectuses for registered public offerings if they use a credit rating to market their securities. The proposed rules mark a shift in the... |
| Appellate Court Ruling in Destiny USA: Notes of Caution for Construction Lenders and a Glimmer of Hope
Malcolm K. Montgomery, Peter Strauss; Shearman & Sterling LLP; Legal Alert/Article December 14, 2009, previously published on December 2009 On July 17, 2009, a lower court in Upstate New York granted an injunction mandating that a lender continue to fund a project and granted other relief that sent shivers down the spines of financial institutions. On appeal, a recent decision by the Appellate Division reversing certain of the lower... |
| Update on the Proposed European AIFM Directive: Council and Parliament Publish Draft Amendments
Shearman & Sterling LLP; Legal Alert/Article December 14, 2009, previously published on December 8, 2009 The proposed EU Directive on Alternative Investment Fund Managers (the "Proposed Directive") is currently subject to European legislative scrutiny. The European Council of Ministers and the European Parliament have each published draft amendments to the Proposed Directive. This memorandum... |
| Lehman Brothers: English Court Rejects Proposed Scheme of Arrangement; Administrators Propose 'Claim Resolution Agreement' as an Alternative
Shearman & Sterling LLP; Legal Alert/Article December 14, 2009, previously published on November 30, 2009 The Court of Appeal has upheld the decision that the English Courts do not have jurisdiction to sanction a scheme of arrangement proposed by the administrators of Lehman Brothers International (Europe) ("LBIE"). As an alternative, LBIE's administrators have proposed that clients enter... |
| EPA's New Water Quality Rules for Construction Sites Will Impact California Projects
Shanda M. Beltran; Allen Matkins Leck {newline}Gamble Mallory & Natsis LLP; Legal Alert/Article December 14, 2009, previously published on November 25, 2009 On November 23, 2009, only a few days before expiration of a court-ordered deadline, the United States Environmental Protection Agency (EPA) released its final rules for water quality in runoff from construction sites. |
| FERC Investigation into Pipeline Rates Could Result in Significant Rate Reduction for Customers
Leonard, Street and Deinard, Professional Association; Legal Alert/Article December 14, 2009, previously published on December 7, 2009 The Federal Energy Regulatory Commission is moving forward with a high-profile investigation that has broad-reaching implications for shippers on Northern Natural Gas Company (Northern Natural) and Natural Gas Pipeline of America LLC (Natural). For the first time in 20 years, FERC is using its... |
| European Central Bank Discusses Analysis of Financial Conditions and Current Measures to Support the Banking System
Joseph Bolling; Alston & Bird LLP; Legal Alert/Article December 14, 2009, previously published on December 4, 2009 Yesterday, the Governing Council of the European Central Bank (ECB) released its current economic and monetary analysis and discussed the future of its financial support measures for the “euro area” banking system. |
| Creditor Groups under Attack: The WaMu Double Whammy
Evan D. Flaschen, Kurt A. Mayr; Bracewell & Giuliani LLP; Legal Alert/Article December 14, 2009, previously published on December 7, 2009 In an Opinion issued on December 2, 2009 in the Washington Mutual, Inc. ("WaMu") Chapter 11 case, the Delaware Bankruptcy Court held that Bankruptcy Rule 2019 clearly applies to "ad hoc committees," regardless of how they might try to disclaim collective action. As a result, the... |
