Client Alert - Gibson Dunn

Client Alert

Media Relations in High-Profile Litigation: Chevron Corp. v. Donziger

Partners Theodore J. Boutrous Jr. and Kahn A. Scolnick and Associate Tiaunia N. Bedell are authors of "Media Relations in High-Profile Litigation: Chevron Corp.

September 30, 2014

Quo vadis capital maintenance?

Munich of-counsels Birgit Friedl and Markus Geiss are co-authors of “Quo vadis capital maintenance?” [PDF] published in the Business Law Magazine.

September 25, 2014

U.S. Treasury Department Imposes Additional Sanctions on Russian Entities in Financial Services and Energy Sectors in Response to the Evolving Ukraine Crisis; Expands List of Blocked Persons

Subsequent to the Russian Federation's annexation of Crimea in March 2014, President Obama issued three Executive Orders ("E.O.s") authorizing the Office of Foreign Assets Control ("OFAC") at the U.S.

September 22, 2014

How Litigants Should Approach Categorical Privilege Logs

New York partner Jennifer Rearden and associate Seema Gupta are the authors of “How Litigants Should Approach Categorical Privilege Logs” [PDF] published in published in the September 22, 2014 issue of New York Commercial Litigation Insider.

September 22, 2014

SEC Plans to Play Insider Trading Cases on Home Court

New York partner Joel Cohen and associates Mary Kay Dunning, Darcy Harris and Genevieve Quinn are the authors of  “SEC Plans to Play Insider-Trading Cases on Home Court” [PDF] published in the September 16, 2014 issue of the National Law Journal.

September 16, 2014

Nonparty Depositions: From ‘Potted Plant’ Rule to Venus Fly Traps

New York partner Jennifer Rearden and associate Sharon Grysman are the authors of “Nonparty Depositions: From ‘Potted Plant’ Rule to Venus Fly Traps” [PDF] published in the September 8, 2014 issue of New York Commercial Litigation Insider.

September 15, 2014

SEC Enforcement Actions Over Stock Transaction Reporting Obligations Offer Reminders for Public Companies and Their Insiders

On September 10, 2014, the Securities and Exchange Commission announced an unprecedented enforcement sweep against 34 companies and individuals for alleged failures to timely file with the SEC various Section 16(a) filings (Forms 3, 4 and 5) and Schedules 13D and 13G (the "September 10 actions").

September 11, 2014

Litigating the Crime-Fraud Exception: Chevron Corp. v. Donziger

Los Angeles partner William Thomson and associate Armen Adzhemyan are the authors of “Litigating the Crime-Fraud Exception: Chevron Corp. v. Donziger” [PDF] published in the August 25, 2014 issue of Inside Counsel.

September 11, 2014

When Federal Agencies Are the “Same Party” under FRE 804(b)(1)

San Francisco partner Thad Davis and associate Leslie Wulff are the authors of “When Federal Agencies Are the ‘Same Party’ under FRE 804(b)(1)” [PDF] published in Criminal Litigation, Summer 2014, Vol.

September 11, 2014

Contingent Value Rights: A Middle Ground in M&A Boom

San Francisco partner Ryan Murr is the author of “Contingent Value Rights: A Middle Ground in M&A Boom” [PDF] published in the September 11, 2014 issue of the Daily Journal.

September 11, 2014

The New Standard in Bitcoin Regulation?  New York’s Proposed BitLicense Would Create a Highly Regulated Virtual Currency Industry

On July 21, 2014, the New York Department of Financial Services ("NYDFS") released a groundbreaking virtual currency regulatory framework, becoming the first state to issue comprehensive rules tailored to virtual currency businesses.  The proposed framework, which has become commonly known as the "BitLicense," was the long-anticipated product of nearly a year of public hearings and other inquiries.  Initially slated for a 45-day public comment period, the comment period was recently extended to October 21, 2014.  This client alert provides detailed information on the scope of the proposed regulation, and discusses potential implications for the virtual currency industry.What are Virtual Currencies?Virtual currencies are digital representations of val

September 10, 2014

Long-Term Outlook for M&A is More Modest

San Francisco partner Ryan Murr is the author of “Long-Term Outlook for M&A is More Modest” [PDF] published in the August 27, 2014 issue of the Daily Journal.

September 9, 2014

Renegotiation of the France and Luxembourg Tax Treaty: Taxation of Real Estate Capital Gains Now Expanded by Way of a September 5, 2014 Amendment to the Treaty

The Luxembourg and French Ministry of Finance signed on September 5, 2014, a fourth amendment to the tax treaty between France and Luxembourg. The amendment, which has been released this morning, gives the State where real estate assets are located the right to tax capital gains on the sale of shares in real estate property companies if the real estate assets are held indirectly by individuals or enterprises of the other State.  The purpose of the amendment is to expand France’s right to tax capital gains from the indirect sale of French real estate.  Under the current treaty, capital gains from the sale of shares in a French or Luxembourg company holding French real estate are not taxable in France under the treaty, even if those share gains can also benefit fro

September 8, 2014

Renégociation De La Convention Fiscale France Luxembourg : Par Un 4ème Avenant, La France Se Voit Attribuer Le Droit D’imposer Les Plus-Values De Cession De Titres De Sociétés A Prépondérance Immobilière Détenant Des Immeubles En France

Les Ministres de l’Economie français et luxembourgeois ont signé un quatrième avenant à la convention fiscale entre la France et le Luxembourg le 5 Septembre 2014. En résumé, l’avenant attribue à l’Etat dans lequel les biens immobiliers sont situés le droit d’imposer les plus-values issues de la vente d’actions ou de parts sociales de sociétés à prépondérance immobilière.  Actuellement et sauf cas particulier, ces plus-values ne sont généralement pas imposables en France, tout en pouvant bénéficier sous conditions d’exonérations au Luxembourg en application du droit interne luxembourgeois.A compter de l’entrée en vigueur de l’avenant, la France aura le droit d’imposer les plus-values résultant de l’aliénation (vente, échange, apport

September 8, 2014

SEC Exchange Act Section 20(b): The SEC Enforcement Division Dusts Off an Old Weapon

San Francisco partner Marc Fagel and Denver partner Monica Loseman are the authors of "SEC Exchange Act Section 20(b): The SEC Enforcement Division Dusts Off an Old Weapon" [PDF] published in the September 2014 issue of Wall Street Lawyer.

September 1, 2014

Calif. Anti-Fracking Ordinances On Shaky Legal Ground

Los Angeles partner Jeffrey Dintzer and associate Nathaniel Johnson are the authors of “Calif. Anti-Fracking Ordinances On Shaky Legal Ground” [PDF] published by Law360 on August 29, 2014 at www.law360.com.

August 29, 2014

Second Circuit Holds That the Supreme Court’s Decision in Morrison May Limit Section 10(b) Claims in U.S. Relating to U.S. Transactions Involving Primarily Foreign Securities and Foreign Issuers

On August 15, 2014, the U.S. Court of Appeals for the Second Circuit issued a ruling limiting the extraterritorial application of Section 10(b) of the Securities Exchange Act of 1934 in the wake of the Supreme Court's landmark opinion in Morrison v. National Australia Bank Ltd.

August 25, 2014

Board of Directors Duty of Oversight and Cybersecurity

Gibson Dunn partner Eduardo Gallardo and associate Andrew Kaplan are the authors of "Board of Directors Duty of Oversight and Cybersecurity" published in the August 20, 2014, issue of the Delaware Business Court Insider.       © 2014, Delaware Business Court Insider, August 20, 2014.  Reprinted with permission from ALM Media Properties, LLC.

August 20, 2014

A Harbinger of the SEC’s Tough New Approach to Public Company Reporting Fraud

San Francisco partner Marc Fagel and associate Lauren Escher are the authors of “A Harbinger of the SEC’s Tough New Approach to Public Company Reporting Fraud” [PDF] published in the August 18, 2014 issue of Bloomberg BNA’s Securities Regulation & Law Report.Reproduced with permission from Securities Regulation & Law Report, 46 SRLR 1632, 08/18/2014.

August 18, 2014