Client Alert - Gibson Dunn

Client Alert

Supreme Court Round-Up: A Summary of the Court’s Opinions, Cases to Be Argued Next Term, and Other Developments (April 4, 2018)

As the Supreme Court continues its 2017 Term, Gibson Dunn's Supreme Court Round-Up is summarizing the issues presented in the cases on the Court's docket and the opinions in the cases the Court has already decided.

April 4, 2018

Supreme Court Says Car Dealership Service Advisors Are Exempt From FLSA Overtime Pay Requirements

Encino Motorcars, LLC v. Navarro, No. 16-1362 Decided April 2, 2018 Today, the Supreme Court held 5-4 that car dealership service advisors are exempt from the Fair Labor Standards Act’s requirement to pay overtime.

April 2, 2018

Federal Circuit Update (March 2018)

This March 2018 edition of Gibson Dunn's Federal Circuit Update discusses the three pending Federal Circuit cases before the Supreme Court that consider issues regarding inter partes review proceedings and extraterritorial damages, and a brief summary of the process for seeking an interlocutory appeal.

March 29, 2018

Antitrust in China – 2017 Year in Review

China's antitrust regulators had a noteworthy year of enforcement of the Anti-Monopoly Law ("AML") in 2017. Although there were fewer high-profile, record-breaking cases, 2017 saw China's antitrust regulators expand their scope of enforcement in both merger and non-merger cases and expend significant effort into producing new legislation and guidelines.

March 28, 2018

D.C. Circuit Holds That Witnesses in PCAOB Investigations Have the Right to a Technical Expert

On March 23, 2018, the U.S. Court of Appeals for the D.C. Circuit issued a unanimous opinion vacating an SEC order upholding sanctions issued by the Public Accounting Oversight Board against petitioner Mark E.

March 26, 2018

United States Implements Increased Tariffs on Steel and Aluminum Imports: Exclusion Relief Possible

Effective this morning, the United States implemented the increased tariffs on steel and aluminum imports that President Trump announced on March 8, 2018 in Presidential Proclamations implementing findings issued by the Commerce Department under Section 232 of the Trade Expansion Act of 1962, which allows the President to order a national security – focused investigation on the impacts of specified imports and, based upon the findings of the investigation, to impose tariffs without Congressional approval.

March 23, 2018

Delaware Supreme Court Holds That Forum Non Conveniens Dismissals Do Not Require An Alternative Available Forum

On March 22, 2018, in a 4-1 opinion, the Delaware Supreme Court held that where defendants have demonstrated that litigating in Delaware would result in an overwhelming hardship to defendants, Delaware courts may dismiss suits under the doctrine of forum non conveniens even if no alternative forum is available.

March 22, 2018

Supreme Court Approves Deferential Review of Bankruptcy-Court Determinations on “Insider” Status

On March 5, 2018, the U.S. Supreme Court issued a decision in U.S. Bank N.A. Trustee, By and Through CWCapital Asset Management LLC v. Village at Lakeridge, LLC (No.

March 20, 2018

Supreme Court Holds States May Hear Securities Fraud Class Actions Under The 1933 Act

Cyan, Inc. v. Beaver County Employees Retirement Fund, No. 15-1439 Decided March 20, 2018 Today, the Supreme Court held 9-0 that class actions alleging only federal claims under the Securities Act of 1933 may be heard in state court and, if brought in state court, cannot be removed to federal court.

March 20, 2018

D.C. Circuit Vacates Part of FCC’s 2015 TCPA Order in ACA International, et al. v. FCC, et al.

On March 16, 2018, the D.C. Circuit unanimously vacated part of the FCC's July 2015 Declaratory Ruling and Order, which vastly expanded the scope of the Telephone Consumer Protection Act of 1991 ("TCPA").

March 19, 2018

FERC Takes Aim at Income Tax Over Recovery in Pipelines’ Regulated Rates

Last week, on March 15, 2018, the Federal Energy Regulatory Commission (FERC) issued a number of orders aimed at addressing potential over-recovery of income tax in pipelines' regulated rates.

March 19, 2018

Fifth Circuit Vacates Labor Department’s “Fiduciary Rule” “In Toto” in Chamber of Commerce of U.S.A., et al. v. U.S. Dep’t of Labor

On March 15, 2018, in a 2-1 opinion, the U.S. Court of Appeals for the Fifth Circuit struck down the U.S. Department of Labor's controversial "Fiduciary Rule." The Rule would have expanded who is a "fiduciary" under ERISA and the Internal Revenue Code, imposing significant new obligations and liabilities on broker-dealers and insurance agents who sell annuities to IRAs.

March 18, 2018

Aerospace and Related Technologies – Key Developments in 2017 and Early 2018

This March 2018 edition of Gibson Dunn's Aerospace and Related Technologies Update discusses newsworthy developments, trends, and key decisions from 2017 and early 2018 that are of interest to aerospace and defense, satellite, and drone companies; and new market entrants in the commercial space and related technology sectors, including the private equity and other financial institutions that support and enable their growth.

March 16, 2018

Key 2017 Developments in Latin American Anti-Corruption Enforcement

In 2017, several Latin American countries stepped up enforcement and legislative efforts to address corruption in the region. Enforcement activity regarding alleged bribery schemes involving construction conglomerate Odebrecht rippled across Latin America's business and political environments during the year, with allegations stemming from Brazil's ongoing Operation Car Wash investigation leading to prosecutions in neighboring countries.

March 15, 2018

Brexit – converting the political deal into a legal deal and the end state

In our client alert of 8 December 2017 we summarised the political deal relating to the terms of withdrawal of the UK from the EU with a two year transition.

March 12, 2018

D.C. Circuit Applies U.S. Copyright Law to Video Content Streamed from Abroad

On March 2, 2018, the United States Court of Appeals for the D.C. Circuit decided an important case addressing two separate, still unsettled questions about the scope of copyright infringement liability.

March 9, 2018

Intra-EU Investment Treaties: Is It Time to Restructure Your Investment?

Yesterday, the Court of Justice of the European Union (CJEU) issued its much awaited ruling on the compatibility of intra-EU bilateral investment treaties (BITs) with EU law, in Achmea B.V.

March 7, 2018

Supreme Court Settles Circuit Split Concerning Bankruptcy Code “Safe Harbor”

On February 27, 2018, the U.S. Supreme Court issued a decision in Merit Management Group, LP v. FTI Consulting, Inc. (No. 16-784), settling a circuit split regarding the “safe harbor” provision in § 546(e) of the Bankruptcy Code.

March 5, 2018

M&A Report – To Form an Entity or Not to Form an Entity, That Is the Question; Deciding Between an Entity Joint Venture and a Contractual Strategic Alliance

People often speak of forming a joint venture as if the meaning of the term "joint venture" is self-evident. However, the term "joint venture" can be used to describe a wide array of arrangements between two or more parties.

March 1, 2018

Supreme Court Says Whistleblowers Must Report to the SEC Before Suing for Retaliation Under Dodd-Frank

Today, the Supreme Court held 9-0 that whistleblowers must report alleged misconduct to the SEC before they can sue under the Dodd-Frank Act’s anti-retaliation provision.

February 21, 2018