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Adobe PDFSecurities and Exchange Commission Gives Guidance to Non-U.S. Broker-Dealers Through Rule 15a-6 FAQs
Jones Day;
Legal Alert/Article
May 8, 2013, previously published on May 2013
On March 21, 2013, the staff of the U.S. Securities and Exchange Commission's Division of Trading and Markets ("SEC Staff") released answers to frequently asked questions ("FAQs") concerning Rule 15a-6 under the U.S. Securities Exchange Act of 1934. The Rule permits non-U.S....

 

HTMLCFPB Issues Clarification and Guidance on Mortgage Rules
Jones Walker LLP;
Legal Alert/Article
May 8, 2013, previously published on May 2, 2013
As promised for some time, the Consumer Financial Protection Bureau ("CFPB") has begun issuing clarifications and guidance concerning the mortgage rules the agency finalized in January. You can read more about these rules in the February 14, 2013, and March 14, 2013, editions of the...

 

HTMLEPA Vapor Intrusion Guidance Available for Public Comment; Obtaining NFR Letters Likely to Be More Expensive
Dana B. Mehlman, Harvey M. Sheldon; Hinshaw & Culbertson LLP;
Legal Alert/Article
May 8, 2013, previously published on May 3, 2013
Parties entering voluntary state cleanup programs may soon find that the cost to review the real estate of concern will increase due to proposed guidance requiring extensive testing for situations where ground is contaminated with solvents, gasoline or other vapor-producing compounds. New proposed...

 

HTMLCity Ordinances Outdoing Federal Legislation to Benefit Renters at Lenders' Expense
Larry R. Rothenberg; Weltman, Weinberg & Reis Co., L.P.A.;
Legal Alert/Article
May 8, 2013, previously published on May 2, 2013
In the past, lenders acquiring title to property through foreclosure, would, for the most part, automatically seek to evict any tenants in order to be able to market the property for sale as quickly as possible. In 2009, Congress enacted the federal "Protecting Tenants at Foreclosure...

 

Adobe PDFMOFCOM Conditionally Approves Marubeni/Gavilon: Competition Law and Industrial Policy in the Agricultural Sector
Hannah C. L. Ha, John M. Hickin, Philip F. Monaghan; Mayer Brown JSM;
Legal Alert/Article
May 8, 2013, previously published on May 8, 2013
On 22 April 2013, China’s Ministry of Commerce (MOFCOM) published its conditional approval of Marubeni’s acquisition of Gavilon Holdings - hot on the heels of the regulator’s conditional clearance of the Glencore/Xstrata merger which also concerned strategically-sensitive global...

 

HTMLBad Faith Liability Exposure: an Anvil, a Feather or an Occasional Lever?
Lynda A. Bennett; Lowenstein Sandler LLP;
Legal Alert/Article
May 8, 2013, previously published on May 8, 2013
Any company faced with a coverage denial inevitably asks the question: Will the insurance company change its position if we sue them for bad faith? The short answer to the question is usually no. In general, insurance companies do not live in fear of a bad faith exposure because most states’...

 

HTMLOregon: One of the Few Remaining States without Sales Taxes May Join the Majority
David M. Kall, Susan P. (Millradt) McGlone, Jeremy J. Schirra; McDonald Hopkins LLC;
Legal Alert/Article
May 8, 2013, previously published on May 2, 2013
Oregon is one of five states without a state sales tax. However, recent legislative and constitutional proposals would change that. Not only would these measures add a state sales tax, but they would effectively overhaul Oregon’s tax structure.

 

HTMLDOJ Investigation of a Media Company Shows that FCPA Is Best Viewed Broadly; Sting Operations Will Continue To Ensnare the Unwary
Sara J. Agne; Snell & Wilmer L.L.P.;
Legal Alert/Article
May 8, 2013, previously published on May 3, 2013
The news this month that the FBI will continue to use sting operations to net Foreign Corrupt Practices Act (FCPA or the Act) violators only serves to emphasize that the FCPA is best viewed broadly. The net cast by the federal statute with provisions that aim to prevent bribery of foreign officials...

 

HTMLSupreme Court to Issue Birth-Certificate Decision Tomorrow
Ryan G. Koopmans; Nyemaster Goode, P.C.;
Legal Alert/Article
May 8, 2013, previously published on May 2, 2013
Tomorrow, the Iowa Supreme Court will decide whether the presumption of paternity-whereby the husband is presumed to be the father of his wife’s child, and therefore listed on the birth certificate-must apply to a same-sex spouse under the Iowa Constitution’s Equal Protection Clause....

 

HTMLLonger Processing Times for Immigration Applications at Shanghai Labor Bureau
Fragomen Del Rey Bernsen Loewy LLP;
Legal Alert/Article
May 8, 2013, previously published on May 8, 2013
As of May 2, the Shanghai Labor Bureau is more strictly adhering to its stated processing times for immigration-related applications, taking two to ten working days longer than before to complete adjudications. Previously, the Bureau typically worked faster than the official processing times...

 


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