Briefing

What Are the Settlement Prospects for Cuban-Expropriated US Assets?

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Freshfields Bruckhaus Deringer – On December 17, 2014, President Obama announced sweeping policy changes that will influence investment and commercial relations with Cuba. The announced changes may also impact US nationals and corporations whose assets were nationalized by the Cuban government prior to the US embargo. This briefing focuses on the likely future of those […]

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A Global View of Collective Redress

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Linklaters – Collective actions – court proceedings brought by a number of claimants with similar or related interests against a defendant or group of defendants – are becoming increasingly important in civil litigation. It is therefore vital that businesses with cross-border operations are aware of the potential actions they may face in other jurisdictions, brought

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DOJ Says Title VII’s Sex Discrimination Prohibition Includes Gender Identity

Ford Harrison Executive Summary: U.S. Attorney General Eric Holder has announced that the Department of Justice (DOJ) now takes the position that Title VII’s prohibition against sex discrimination includes discrimination based on gender identity, including transgender status. In a press release issued December 18, 2014, the Attorney General stated that he has informed all DOJ

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FINRA Proposes Changes to the Equity Research Analyst and Equity Research Report Rule

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Morrison Foerster – On November 18, 2014, the Financial Industry Regulatory Authority, Inc. (“FINRA”) filed a proposed rule change with the Securities and Exchange Commission (the “SEC”) to adopt NASD Rule 2711 as new FINRA Rule 2241 with significant modifications.1 The proposed changes reflect a more flexible principles-based approach and incorporate many of the FINRA

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New UK Withholding Tax Exemption Set to Boost the UK Private Placement Market

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By Sonia Girgis and Trevor James Morrison & Foerster – On 4 December, George Osborne in his Autumn Statement, announced a new UK withholding tax exemption for interest payments on UK private placements. The announcement was followed by draft legislative clauses with the Finance Bill 2015, released yesterday. The new exemption will mean that UK corporate borrowers

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