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|Who is in Control? The Rights of Noteholders and the Discretion of the Note Trustee|
Dentons Canada LLP;
July 29, 2014, previously published on July 2, 2014The debate at the heart of U.S. Bank Trustees Limited v Titan Europe 2007-1 (NHP) Limited and others was whether a distressed property portfolio should be sold at once or retained in the hope of realising a better price. Such disputes are by no means novel, particularly in times when property...
|EU: New Data Protection Regulation Back on Track|
Jane Elphick, Sarah Pearce; Edwards Wildman Palmer LLP;
July 29, 2014, previously published on July 21, 2014Recently, there has been increased concern over the ever slipping timetable of the Draft Data Protection Regulation, see here and here for our previous commentary on the issue.
|Virginia Significantly Raises Worker Misclassification Fine|
Phyllis C. Katz; Sands Anderson PC;
July 29, 2014, previously published on July 14, 2014Worker misclassification remains a number one target area for both state and federal review. On July 1, 2014, the Virginia Workers Compensation Act (the “VWCA”) significantly increased the civil penalties that the state can impose on a Virginia business owner who has failed to insure...
|Connecticut Expands Energy Sub-Metering|
Frederic Lee Klein; Pullman & Comley, LLC;
July 29, 2014, previously published on July 22, 2014 Up until very recently, only campgrounds and marinas could sub-meter electricity usage. This meant that landlords were prohibited by law from sub-metering electricity to their tenants. As a result, any allocation of electricity use was limited to imprecise formulas based on factors such as square...
|Multistate Tax Commission Targets Summer 2015 Implementation of Transfer Pricing Effort|
Michele Borens, Jonathan A. Feldman, Jeffrey A. Friedman, Todd A. Lard, Carley A. Roberts; Sutherland Asbill & Brennan LLP;
July 29, 2014, previously published on July 29, 2014On July 28, the Arm’s Length Adjustment Services Advisory Group (Group) of the Multistate Tax Commission (MTC) met for the third time at the MTC Annual Conference in Albuquerque, New Mexico. The Group began this effort on June 2 and met again on June 25 in furtherance of a Summer 2015...
|Sale of Self-Driving Cars to Consumers by 2025?|
Matthew J. Riopelle; Foley & Lardner LLP;
July 29, 2014, previously published on July 28, 2014More and more, self-driving cars are morphing from fantasy portrayed in futuristic societies to reality. Google’s autonomous prototype and California’s proposed regulations regarding the testing of self-driving cars on public roads demonstrate the increasing likelihood of self-driving...
|Protection Against Foreign Anticompetitive Practices Affecting U.S. Activities|
Francis J. Burke; Foley & Lardner LLP;
July 29, 2014, previously published on July 29, 2014Antitrust laws, like the Sherman Act, protect American markets from anticompetitive practices. But, under the Foreign Trade Antitrust Improvements Act (FTAIA), American antitrust laws only reach foreign conduct in specific circumstances. For example, an anticompetitive act committed abroad must,...
|Top Tips for Financiers: Directors in a Financial Crisis|
Dentons Canada LLP;
July 29, 2014, previously published on July 9, 2014The Restructuring, Insolvency and Bankruptcy Group considers the English law position.
|Approved H-1B? Get the Ball Rolling on Your Consular Application Now!|
Alan Seagrave; Foley & Lardner LLP;
July 29, 2014, previously published on July 28, 2014Getting an H-1B nonimmigrant visa for new employment with a private employer in the United States has become an obstacle course that now even requires winning a lottery. The process has become so complicated that H-1B beneficiaries lucky enough to find a bona fide offer of employment, win the visa...
|Independent Contractors for Global Organizations|
Annie Lau; Fisher & Phillips LLP;
July 29, 2014, previously published on July 14, 2014As the global market grows seemingly smaller, more and more companies are expanding their reach around the world. Some companies send U.S. employees overseas, while others hire locally, or even utilize local independent contractors. As in the United States, companies must be mindful of the risks...