This alert provides a brief summary of recent updates to the UK's City Code on Takeovers and Mergers (the "Code"), the primary rule book governing the regulation of takeovers in the UK, and in particular those relating to the categories of companies that are subject to the Code, as well as certain issues affecting the trustees of offeree companies' defined-benefit pension schemes.
May 17, 2013
Updated on July 31, 2013In the wake of 2007--the “year of the recall”--Congress passed the Consumer Product Safety Improvement Act (“CPSIA”), Pub.
May 15, 2013
New York partner Jeffrey Trinklein and associate Kathryn Kelly are the authors of the USA chapter [PDF] that appeared in the first edition of Global Legal Insights – Corporate Tax; published by Global Legal Group Ltd, London in May 2013.
May 13, 2013
Dallas partner Robert Little and associate Steven Schaefer are the authors of “A Checklist for the Early Stages of an M&A Transaction” [PDF] published in Texas Lawyer on May 13, 2013.
May 13, 2013
The comment period has now closed on the controversial proposed rule (FBO Proposal) of the Board of Governors of the Federal Reserve System (Board) implementing Sections 165 and 166 of the Dodd-Frank Act (Dodd-Frank) for foreign banking organizations (FBOs) and foreign nonbank financial companies supervised by the Board.
May 2, 2013
New York partners Eric Wise and Matthew Kelsey are the authors of “Obtaining Adequate Protection: An Analysis Pertaining to Real Estate Projects” [PDF] published in Vol.
May 1, 2013
London partner Ali Nikpay is the author of “UK competition regime: All change or more of the same?” [PDF] published in Concurrences in May 2013.
May 1, 2013
Washington, D.C. partner John Sturc and associate Colin Richard are the authors of “SEC Enforcement Actions After Gabelli” [PDF] published in the May 2013 issue of Insights.
May 1, 2013
Denver of counsel Richard H. Cunningham is the author of "Effective Defenses of Hospital Mergers in Concentrated Markets" [PDF] published in the Spring 2013 issue of Antitrust.
April 30, 2013
On April 10, 2013, the United States Sentencing Commission promulgated its annual amendments to the federal sentencing guidelines. Reacting to congressional directives, the Commission voted to increase penalties for (1) theft and fraud involving pre-retail medical products, (2) trafficking in counterfeit drugs and military equipment, and (3) foreign dissemination of stolen trade secrets. The Commission also made an important change that will reduce sentences for tax offenses. A current rule in several federal circuits frequently causes "tax loss" to be overstated for sentencing purposes because it directs courts to look solely at the amount of undeclared income to determine the tax impact of an offense. The amendment will require courts also
April 23, 2013
This is the latest update of significant developments relating to qui tam, securities, fraud, and other lawsuits and investigations involving schools, especially private-sector schools.
April 23, 2013
On April 16, 2013, the U.S.
April 23, 2013
On April 15, 2013, the Board of Governors of the Federal Reserve System (Federal Reserve) and the Federal Deposit Insurance Corporation (FDIC) issued additional guidance (Guidance) with respect to the 2013 resolution plan submissions of the U.S.
April 22, 2013
Los Angeles partner Patrick Dennis, and associates Krista Hernandez and Sheldon Evans are the authors of "Offsets Survive Challenge as Cap-and-Trade Moves Forward" [PDF] published in the April 22, 2013 issue of the Daily Journal.
April 22, 2013
A discussion of the Commodity Futures Trading Commission's (CFTC) new rulemakings in 2013 and how Title VII has increased the CFTC's power to create and police the derivatives markets.
April 22, 2013
On April 17, 2013, the Supreme Court issued its decision in Kiobel v. Royal Dutch Petroleum Co., __ U.S. __ (2013), addressing the scope of the Alien Tort Statute, 28 U.S.C.
April 18, 2013
Dallas partner Robert Little and associate Caitlin Peterson are the authors of “How Would Delaware Courts Treat Fiduciary-Out Provisions?” [PDF] published in the April 17, 2013 issue of the Delaware Business Court Insider.
April 17, 2013
As we have seen in 2012 and now in 2013, the attention paid to cyber-security has reached new heights--hacking, data privacy, and cyber-espionage have continued their prominence in daily headlines, but cyber-security took on unprecedented importance when President Obama focused on it in his State of the Union address. Announcing a new executive order to increase sharing of critical cyber information and calling for legislative action to protect our networks and data, President Obama explained:America must also face the rapidly growing threat from cyber-attacks.
April 16, 2013
On April 2, 2013, the Securities and Exchange Commission (the "SEC") issued a report of investigation pursuant to Section 21(a) of the Securities Exchange Act of 1934 providing guidance to public companies on the application of Regulation FD to corporate disclosures made through social media (the "Report").
April 15, 2013
As the Supreme Court accepts additional cases for review and issues new opinions, Gibson Dunn's Supreme Court Round-Up is summarizing the opinions the Court has already released, the issues presented in cases that will be argued, and other key developments.Spearheaded by former Solicitor General Theodore B.
April 15, 2013