Briefings - - Page 55

China Proposes Draft Privacy Legislation with Significant Potential Implications

Briefing, Featured / July 20, 2015

By Paul McKenzie and Wei Zhang On July 6, 2015, China’s legislature, the National People’s Congress (NPC), circulated for comment two pieces of draft legislation with significant potential implications for data privacy and data security in China. Comments can be posted via the NPC’s website www.npc.gov.cn by August 5, 2015. The key provisions of these […]

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U.S. Supreme Court Finds That SOX’s Anti-Shredding Provision Does Not Apply To Fish

Briefing / July 20, 2015

Snell & Wilmer – Ahron Cohen – When one thinks of the Sarbanes-Oxley Act of 2002 (SOX)—a law created to restore trust in the financial markets following the collapse of Enron—red grouper is not usually the first thing that comes to mind. Nevertheless, the Supreme Court recently decided whether the polychromatic ocean fish is considered

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Top Ten Things to Do When an Employee Resigns to Join a Competitor

Briefing, Featured / July 14, 2015

Fisher & Phillips – When an employee resigns to join a competitor, it is important to respond promptly. Odds are that the employee has been orchestrating his or her departure for weeks or months. The security of your trade secrets and/or customer relationships may have already been compromised. It is important to act quickly. Here

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Healthcare IT: 9 Tips for Contracting

Briefing / July 14, 2015

BakerHostetler – Alan Friel – The emergence of mega-suite vendors, more use of the cloud, increases in data breach frequency and cost and big data privacy impacts make healthcare IT vendor arrangements more complex, and solid agreements between healthcare organizations and HIT vendors more important than ever. Addressing key legal and business issues during the

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Second Circuit Deals a Blow to Unpaid Intern Classes

Briefing / July 10, 2015

Ballard Sphar – Louis L. Chodoff and Alexandra Bak-Boychuk – In a pair of closely watched decisions (see links below), the Second Circuit Court of Appeals overturned a federal trial court decision that granted class and conditional collective action certification to claims brought by a former unpaid intern claiming employee status, and also upheld a

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ESMA Assessment of Equivalence of Israeli Laws and Regulations on Prospectuses

Briefing / July 3, 2015

Davis Polk – On June 29, 2015, the European Securities and Markets Authority (“ESMA”) published an updated opinion on the additional information that it considers will need to be included in a “wrap” to a prospectus drawn up according to Israeli laws and regulations to make it equivalent with the requirements under the European Prospectus

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New Aspects in the Regulation of Securitisation

Briefing / July 2, 2015

Clifford Chance – One of the results of the banking crisis has been the growing role of alternative finance providers who have plugged the gaps that traditional banks can no longer meet. As alternative finance has grown, regulators are focusing on the potential risks it poses. A Never Ending Road – New aspects in the

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The Supreme Court: Term-End Review

Briefing, Featured, US Law / June 26, 2015

Skadden Arps – As the U.S. Supreme Court’s 2014-15 term draws to a conclusion, the Court has resolved — or will resolve in a matter of days — several cases with potentially wide-reaching implications for a range of important policy and business issues. On June 25, 2015, the Court handed the Obama administration a major

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Anti-Bribery and Corruption Review

Briefing / June 24, 2015

Clifford Chance – Prosecutions for bribery and corruption continue to attract media headlines around the world and, in response, international companies continue to review what they have to do to address the risks to their business, and to their reputation. Fundamental to this is staying on top of relevant legislative developments and enforcement trends in

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International Comparative Legal Guide to: Alternative Investment Funds 2015 (USA)

Briefing / June 24, 2015

Skadden – This article appeared in the 2015 edition of The International Comparative Legal Guide to: Alternative Investment Funds; published by Global Legal Group Ltd, London. Regulatory Framework In the United States, Alternative Investment Funds and their advisers are subject to the laws of the federal government and of the individual state or jurisdiction in

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