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  • Article

    Merricks v Mastercard: Competition Appeal Tribunal Approves Settlement, But Issues Of Distribution Reserved For Future Judgment

    On February 21, 2025, following a three-day hearing, the Competition Appeal Tribunal approved the £200m settlement of the claim brought by Mr. Merricks on behalf of over 44 million UK consumers against Mastercard ...
    United KingdomLitigation, Mediation & Arbitration
    Milbank
    Milbank
  • Article

    Sackett Ruling, 'Waters' Rule Fix Won't Dry Up Wetlands Suits

    In its May 25 decision in Sackett v. U.S. Environmental Protection Agency, the U.S. Supreme Court attempted to establish a clear standard for when a wetland constitutes "waters...
    United StatesEnergy and Natural Resources
Milbank
Milbank
  • Article

    FCA Publishes Decision To Fine And Ban Former Non-Executive Director For Failing To Disclose Conflicts Of Interest

    The Financial Conduct Authority has published a decision notice dated 28 November 2012 which its predecessor, the Financial Services Authority, had issued to Angela Burns, a former non-executive director of two mutual societies.
    United StatesFinance and Banking
    Milbank
    Milbank
  • Article

    Joint Ventures Under The Volcker Rule: A Modest Attempt To Bring The Joint Venture Exclusion Out Of The Regulatory Wilderness

    It is an axiom of statutory and regulatory construction that words adopted as law must have some meaning capable of being applied.
    United StatesFinance and Banking
    Milbank
    Milbank
  • Article

    Risk Retention Redrafted: More Questions Answered

    Back in May 2013, the European Banking Authority had opened a public consultation on the secondary legislation appropriate to support the risk retention requirements set out in Articles 404-4102 of the EU Capital Requirements Regulation.
    United StatesFinance and Banking
    Milbank
    Milbank
  • Article

    Space Business Review April 2016

    A monthly round-up of space industry developments for the information of our clients and friends.
    United StatesTransport
    Milbank
    Milbank
  • Article

    Venezuela Withdraws From The World Bank’s International Centre For Settlement Of Investment Disputes

    The World Bank received, on January 24, 2012, "written notice of denunciation of the Convention on the Settlement of Investment Disputes between States and Nationals of Other States (the ICSID Convention) from the República Bolivariana de Venezuela".
    VenezuelaLitigation, Mediation & Arbitration
    Milbank
    Milbank
  • Article

    CLO 3.0 – Volcker’s Impact On CLOs

    The final Volcker Rule was adopted on December 10, 2013.
    United StatesFinance and Banking
    Milbank
    Milbank
  • Article

    Enforcing Foreign (Non-US) International Arbitration Awards Against Award Debtors In The United States

    The successful litigant in a litigation or arbitration usually expects the judgment or award debtor to pay the monetary damages specified in the judgment or award promptly.
    GlobalLitigation, Mediation & Arbitration
    Milbank
    Milbank
  • Article

    Philippine SEC Revises Its Rules On Philippine Real Estate Investment Trusts

    On January 8, 2026, the Securities and Exchange Commission of the Philippines ("Philippine SEC") introduced revisions to the country's 2020 REIT Rules (the "2026 Revisions").
    PhilippinesReal Estate and Construction
    Milbank
    Milbank
  • Article

    SEC Adopts Regulation SCI To Strengthen Controls For Technological Systems At Core Of U.S. Markets

    On November 19, 2014, the SEC announced the adoption of Regulation Systems Compliance and Integrity in a 742-page release.
    United StatesCorporate/Commercial Law
    Milbank
    Milbank
  • Article

    IRS Notice 2014-46: IRS Addresses What It Means To Have Begun Construction Prior To January 1, 2014

    On January 2, 2013, President Obama signed into law the American Taxpayer Relief Act of 2012 which, among other things, replaced the requirement that certain production tax credit and investment tax credit eligible facilities be placed in service by the applicable credit termination date with a requirement that construction of such facilities begin before January 1, 2014.
    United StatesTax
    Milbank
    Milbank
  • Article

    It's Easy, Being Green - The Development Of ESG In The European Leveraged Finance Market

    In 2021, we saw ever-increasing volumes of ESG bonds and loans in the European leveraged finance market — particularly "sustainability-linked" high-yield bonds and syndicated loans.
    European UnionFinance and Banking
    Milbank
    Milbank
  • Article

    Reporting Revisited: EU Commission Clarifications On Article 7 & Third Country Securitisations

    On Monday 10 October 2022, the European Commission (the "Commission") delivered its report (the "Commission Report") to the European Parliament and the Council on the functioning...
    European UnionFinance and Banking
    Milbank
    Milbank
  • Article

    A New Era For UK And EU Sanctions Following Russia's Invasion Of Ukraine: 2022 In Review And What 2023 May Bring

    2022 was an unprecedented year in the development of international financial and trade sanctions following Russia's invasion of Ukraine in February 2022.
    European UnionInternational Law
    Milbank
    Milbank
  • Article

    Alternative Investments Group Client Alert: ESMA Publishes CRA's’ Market Share Calculation Paper

    On 16 December 2013, the European Securities and Markets Authority published on its website a paper entitled "CRAs’ Market share calculation according to Article 8d of the CRA Regulation".
    United StatesFinance and Banking
    Milbank
    Milbank
  • Article

    Inflation Reduction Act: Faustian Bargain Could Jeopardize Offshore Wind, Renewable Energy On Federal Lands

    ANALYSIS: Tradeoffs in the Inflation Reduction Act of 2022 between climate protections and fossil fuel interests could be dire for offshore wind projects and for solar and wind...
    United StatesEnergy and Natural Resources
    Milbank
    Milbank
  • Article

    Delaware Court Asked To Resolve Dispute Over Standard M&A Contract Terms

    Court denies summary judgment where contract terms are ambiguous and conflicting and the parties’ intent not clear from the record.
    United StatesCorporate/Commercial Law
    Milbank
    Milbank
  • Article

    In Re Enron: Second Circuit Expands "Settlement Payment" Exemption To The Redemption Of Commercial Paper (And Beyond?)

    The authors of this article discuss a Court of Appeals for the Second Circuit case that expands on previous appellate decisions broadly construing the scope of the § 546(e) exemption, and that has significant implications for bankruptcy cases nationwide.
    United StatesInsolvency/Bankruptcy/Re-Structuring
    Milbank
    Milbank
  • Article

    Delaware Supreme Court Adheres To "Plain Meaning" Of Preferred Stock Terms

    In determining that preferred stockholders not entitled to liquidation preference, Court declines to integrate conversion of preferred stock with subsequent merger.
    United StatesCorporate/Commercial Law
    Milbank
    Milbank
  • Showing 601–620 of 736 results

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