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  • Article

    HHR Helps United Airlines Secure $7.491B CARES Act Loan

    December 10, 2020 — The firm represented United Airlines as the borrower of a $7.491 billion secured loan under the U.S. Department of Treasury's airline loan program.
    United StatesCoronavirus (COVID-19)
    Hughes Hubbard & Reed LLP
    Hughes Hubbard & Reed LLP
  • Article

    Pandemic Economic Stimulus: Legislative And Regulatory Developments As Of April 23, 2021

    April 23, 2021 – This week the Treasury Department announced a safe harbor for the deduction of expenses covered by first-round Paycheck Protection Program loans...
    United StatesCoronavirus (COVID-19)
    Hughes Hubbard & Reed LLP
    Hughes Hubbard & Reed LLP
  • Article

    Pandemic Economic Stimulus: Legislative And Regulatory Developments As Of February 5, 2021

    This week the Small Business Administration and the Internal Revenue Service both updated FAQs relating to federal pandemic economic relief programs,...
    United StatesCoronavirus (COVID-19)
    Hughes Hubbard & Reed LLP
    Hughes Hubbard & Reed LLP
  • Article

    Pandemic Economic Stimulus: Legislative And Regulatory Developments As Of June 4, 2021

    Over the last two weeks, the Small Business Association (SBA) closed the Paycheck Protection Program to new loan guarantee applications and announced the Community Navigator Pilot Program...
    United StatesCoronavirus (COVID-19)
    Hughes Hubbard & Reed LLP
    Hughes Hubbard & Reed LLP
  • Article

    Despite The CS3D Vote Delay: Why CFOs, GCs And CCOs Must Stay Vigilant On Sustainability And Legal Obligations

    In the evolving landscape of corporate sustainability, the postponement of the Corporate Sustainability Due Diligence Directive ("CS3D")...
    United StatesCorporate/Commercial Law
    Hughes Hubbard & Reed LLP
    Hughes Hubbard & Reed LLP
  • Article

    FinCEN Limits Enforcement Of Corporate Transparency Act

    On March 2, the U.S. Department of the Treasury announced that it will not enforce any penalties or fines against U.S. citizens or domestic reporting companies or any of their beneficial owners...
    United StatesCorporate/Commercial Law
    Hughes Hubbard & Reed LLP
    Hughes Hubbard & Reed LLP
  • Article

    Firm Advises Wipro In Purchase Of Eximius Design

    October 15, 2020 — HHR is representing global information technology company Wipro in its pending acquisition of engineering services company Eximius Design
    United StatesCorporate/Commercial Law
    Hughes Hubbard & Reed LLP
    Hughes Hubbard & Reed LLP
  • Article

    Pandemic Economic Stimulus: Legislative And Regulatory Developments As Of January 28, 2021

    This week the Small Business Administration (SBA) announced loan processing procedures under the Paycheck Protection Program, and legislation was introduced in Congress regarding an...
    United StatesEmployment and HR
    Hughes Hubbard & Reed LLP
    Hughes Hubbard & Reed LLP
  • Article

    Unionization of Private Colleges’ And Universities’ Graduate Students

    A union affiliated with the UAW, the Graduate Student Organizing Committee, is seeking to overrule current federal labor law that private colleges and universities are not required to recognize and bargain with unions if a majority of their graduate students vote for them because graduate students are not "employees" for purposes of the National Labor Relations Act.
    United StatesEmployment and HR
    Hughes Hubbard & Reed LLP
    Hughes Hubbard & Reed LLP
  • Article

    CARES Act Developments And Newly Proposed Fiscal Stimulus Legislation As Of November 6, 2020

    November 6, 2020 – This week the Federal Reserve revised the Main Street Lending Program (MSLP) to increase support for small businesses by reducing the minimum loan...
    United StatesFinance and Banking
    Hughes Hubbard & Reed LLP
    Hughes Hubbard & Reed LLP
  • Article

    Pyrrhic Victory In Palmaz: Creditors Entitled To D&O Insurance Claims, But Not D&O Insurance Payouts

    A recent decision by the Bankruptcy Court for the Western District of Texas in In re Palmaz Scientific, 2018 WL 1036780
    United StatesInsolvency/Bankruptcy/Re-Structuring
    Hughes Hubbard & Reed LLP
    Hughes Hubbard & Reed LLP
  • Article

    Relying On Stern v. Marshall, Supreme Court Upholds Ninth Circuit Decision

    The Supreme Court allowed a bankruptcy court to issue proposed findings of fact and conclusions of law on issues outside their constitutional jurisdiction for de novo review by the district court.
    United StatesInsolvency/Bankruptcy/Re-Structuring
    Hughes Hubbard & Reed LLP
    Hughes Hubbard & Reed LLP
  • Article

    Second Circuit Stands By Expansion Of Section 363 Review In Chapter 15 Proceedings

    The Second Circuit declined to grant an en banc review of its holding requiring a full Section 363 review of a claims sale in a Chapter 15 proceeding in the case of In Re: Fairfield Sentry Ltd.
    United StatesInsolvency/Bankruptcy/Re-Structuring
    Hughes Hubbard & Reed LLP
    Hughes Hubbard & Reed LLP
  • Article

    Supreme Court Hears Oral Arguments In Executive Benefits Case Testing The Scope Of Stern

    On January 14, 2014, the Supreme Court heard oral arguments in Executive Benefits Insurance Agency v. Arkison, which revisits the issue of constitutional limits on federal bankruptcy judges’ power that the Supreme Court addressed two years ago in Stern v. Marshall.
    United StatesInsolvency/Bankruptcy/Re-Structuring
    Hughes Hubbard & Reed LLP
    Hughes Hubbard & Reed LLP
  • Article

    ExxonMobil Enforcement Penalty Highlights Risk In Transacting With SDN Officers Or Representatives

    On July 20, 2017, the Treasury Department's Office of Foreign Assets Control ("OFAC") issued a civil monetary penalty of $2,000,000 to ExxonMobil Corp., ExxonMobil Development Company, and ExxonMobil Oil Corp.
    United StatesInternational Law
    Hughes Hubbard & Reed LLP
    Hughes Hubbard & Reed LLP
  • Article

    HHR Wins Dismissal Of Breach‑of-Trust Suit Against Ross School

    Hughes Hubbard achieved complete victory on behalf of an East Hampton private school when a New York State judge dismissed a $10 million lawsuit brought against it by ...
    United StatesLitigation, Mediation & Arbitration
    Hughes Hubbard & Reed LLP
    Hughes Hubbard & Reed LLP
  • Article

    Litigation Wrap: First Quarter 2020

    HHR won pivotal rulings for the government of Denmark in its efforts to recover $2.1 billion stolen through an international tax fraud scheme involving U.S. pension plans.
    United StatesLitigation, Mediation & Arbitration
    Hughes Hubbard & Reed LLP
    Hughes Hubbard & Reed LLP
  • Article

    Litigation Wrap: Fourth Quarter 2024

    Read about the firm's most exciting recent litigation and arbitration victories in our Litigation Wrap for the fourth quarter of 2024.
    United StatesLitigation, Mediation & Arbitration
    Hughes Hubbard & Reed LLP
    Hughes Hubbard & Reed LLP
  • Article

    Litigation Wrap: First Quarter 2021

    Félix de Belloy won an acquittal for Edouard Balladur before the Court of Justice of the Republic in the former French prime minister's trial over allegations that he financed his 1995 presidential campaign with illegal kickbacks ...
    WorldwideCriminal Law
    Hughes Hubbard & Reed LLP
    Hughes Hubbard & Reed LLP
  • Article

    DOJ Criminal Division Revises Corporate Enforcement Policy To Further Incentivize Voluntary Self‑Disclosure And "Extraordinary" Cooperation

    On January 17, 2023, Assistant Attorney General Kenneth A. Polite, Jr. of the U.S. Department of Justice's Criminal Division announced revisions to the Criminal Division's Corporate Enforcement Policy...
    United StatesCriminal Law
    Hughes Hubbard & Reed LLP
    Hughes Hubbard & Reed LLP

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