ArticleSEC And FSA´s Recent Short Selling OrdersThe rapidly evolving regulation of short sales needs to be monitored carefully by participants in the financial markets.United StatesFinance and BankingMcDermott Will & Emery
ArticleTreasury Releases Interim Final Rule On Compensation And Corporate Governance Standards For TARP RecipientsThe Treasury has released an interim final rule on compensation and corporate governance standards for Troubled Asset Relief Program (“TARP”) recipients (the “Interim Final Rule”). United StatesFinance and BankingGoodwin Procter LLP
ArticleWomble Carlyle Economic Development Digest (February 26, 2016)Womble Carlyle's Economic Development Digest aggregates news, opportunities and legislation impacting business in the United States. United StatesGovernment, Public SectorWomble Bond Dickinson
ArticleUS Imposes Additional Sanctions On Key Sectors Of Iranian EconomyOn Friday, January 10, 2020, President Trump issued a new Executive Order, "Imposing Sanctions With Respect to Additional Sectors of Iran" ("E.O."), ...United StatesInternational LawMayer Brown
ArticleFrom Blueprint To Bottom-Line | The Transformation Playbook: Introducing Finance-Led TransformationFinance transformation is the phrase that has lost its meaning. In private equity, financial engineering stopped delivering expected returns, and operational value creation moved to the center of the playbook. Finance transformation held promise as the way to achieve value creation, and the term became universal. Vendors and service providers used it as a strategy to market their offerings, whether a system implementation or a dashboard build, and to justify long, expensive engagements. United StatesStrategyAnkura Consulting Group LLC
ArticleLegal AI’s ROI MirageLegal departments are investing heavily in AI with unanimous plans to increase budgets, yet 83% lack formal metrics to measure return on investment. While teams report productivity gains and favorable outcomes...United StatesStrategyAxiom
ArticlePro Bono News: Fall 2020From Oct. 26 to Oct. 30, the firm is celebrating Pro Bono Week. It celebrates pro bono participation and those who give their time and talents across many professions to make a positive difference...United StatesStrategyHerbert Smith Freehills Kramer LLP
ArticleProgress Isn't Perfect: Emerging Professional And Technological Risks Facing Contractors And Design ProfessionalsA perfect storm of labor shortages, material volatility, economic uncertainty, and accelerating adoption of advanced technologies in the construction industry is reshaping project delivery and, with it...United StatesStrategyWilson Elser Moskowitz Edelman & Dicker LLP
ArticleThe Helping Families Save Their Homes Act Of 2009 Significantly Changes The TARP, PPIP, And TALF Programs And FDIC InsuranceOn May 19, the U.S. Congress overwhelmingly approved the Helping Families Save their Homes Act of 2009 (the "Act"), which amends the Hope for Homeowners Program and contains various provisions related to home loan foreclosures and modifications. United StatesStrategyJones Day
ArticleExecutive Compensation Provisions In H.R. 1424 - Emergency Economic Stabilization Act Of 2008, And Tax Extenders And Alternative Minimum Tax Relief Act Of 2008After a tumultuous week on Wall Street and in Washington, the President signed on Friday, October 3 the $700 billion financial bailout bill, H.R. 1424 – P.L. 110-343. United StatesTaxProskauer Rose LLP
ArticleOpportunities In Oil Financing And Investment: Meeting The Industry's Capital Needs In Challenging TimesWith crude oil prices tumbling nearly 60 percent since June 2014 to near six-year lows, the decline in energy company stocks alone has erased more than $263 billion in market value.United StatesEnergy and Natural ResourcesJones Day
ArticleSelected TARP Highlights And New Government Actions To Lubricate The Credit MarketsOn October 3, 2008, President Bush signed into law the Emergency Economic Stabilization Act of 2008 ("Act"), which has few if any precedents in scope, national attention, and potential impact on the US economy, especially with regard to the real estate market. United StatesGovernment, Public SectorSquire, Sanders & Dempsey L.L.P.
ArticleOutsourcing Services In The Face Of An Economic DownturnIn previous recessions, outsourcing activity has actually increased. Is history likely to repeat itself? And, if it does, what particular features of the current outsourcing and offshoring industries are outsourcers likely to use most?European UnionStrategyMorrison Foerster
ArticleTreasury Issues Guidance For Cash Grant Program For Qualifying Renewable Energy ProjectsOn July 9th, the U.S. Treasury Department published guidance (“Guidance Materials”) for applicants seeking cash grants for qualifying renewable energy projects pursuant to Section 1603 of the American Recovery and Reinvestment Act of 2009 (“ARRA”). United StatesEnergy and Natural ResourcesFoley Hoag LLP
ArticleCaPP: Private Bank ProgramOn November 17, 2008, Treasury released a standard form term sheet detailing the terms and conditions of the preferred stock and warrant offerings under the Troubled Assets Relief Program (TARP) Capital Purchase Program (CaPP) for private institutions. United StatesFinance and BankingMorrison Foerster
ArticleDigest Of The Emergency Economic Stabilization ActThis Digest is designed to assist you in understanding the principal features of the Emergency Economic Stabilization Act of 2008. This piece acts as a topical digest of the legislation, highlighting the principal features and topics. We've provided this resource to help you determine how this legislation might affect your business and legal affairs. United StatesFinance and BankingDorsey & Whitney LLP
ArticleFDIC Issues Letter Extending Supervisory Procedures For De Novo FDIC - Supervised Depository InstitutionsThe FDIC issued a financial institution letter (FIL-50-2009, the “Letter”) in which it advised the banking industry that it was extending its special supervisory period for "de novo" state member depository institutions (“DIs”) from three to seven years. United StatesFinance and BankingGoodwin Procter LLP
ArticleSEC Staff Grants No-Action Relief Allowing Non-U.S. Funds To Participate With Affiliated U.S. Mutual Funds In Joint Credit FacilityThe staff of the SEC’s Division of Investment Management (the “Staff”) issued a no-action letter in which it provided assurances that it would not recommend enforcement action under Section 17(d) of the Investment Company Act of 1940.United StatesFinance and BankingGoodwin Procter LLP
ArticleSEC Takes Formal Rulemaking Action Regarding Short SalesOn October 14, 2008, the US Securities and Exchange Commission (SEC) issued three formal rulemaking orders effectively extending the “naked short selling” rules implemented under an emergency order issued on September 17, 2008 (the “September Emergency Order”).United StatesFinance and BankingMayer Brown