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  • Article

    Eleventh Circuit Holds That Term Lenders Do Not Have Standing To Enforce Funding Obligations Of Revolving Lenders

    On February 20, 2013, the Court of Appeals for the Eleventh Circuit Court in Fontainebleau held that term lenders did not have standing to assert claims against revolving lenders under the same credit agreement for failure to fund, absent specific contractual provisions to the contrary.
    United StatesFinance and Banking
    Paul Hastings LLP
    Paul Hastings LLP
  • Article

    SEC Proposes New Rule To Register Hedge Fund Advisers

    The Securities and Exchange Commission ("SEC") has proposed Rule 203(b)(3)-2 (the "Rule") under the Investment Advisers Act of 1940 (the "Act") in order to require advisers to hedge funds with at least $25 million in assets under management to register as investment advisers under the Act.
    United StatesFinance and Banking
    Paul Hastings LLP
    Paul Hastings LLP
  • Article

    Fashion ID: Website Operators Jointly Liable For Data Collection And Transmission Through Social Media Plug-Ins

    The ECJ also decided that the website operator, rather than the plug-in provider, is responsible for obtaining consent and providing notice for such plug-in's data collection and transmission.
    United StatesPrivacy
    Paul Hastings LLP
    Paul Hastings LLP
  • Article

    New Tax Rules For Bonds Issued By Italian Non-Listed Corporations - A Foreign Investor's View

    The first important step to facilitate the issue of bonds by Italian corporations with subsequent investment from non-resident investors was made in 1996 through Law 239.
    United StatesTax
    Paul Hastings LLP
    Paul Hastings LLP
  • Article

    CFPB’s First Final Rule Addresses International Remittance Transfers

    In the Consumer Financial Protection Bureau’s ("CFPB") first official final rulemaking, announced January 20, 2012 ("Final Rule"), the agency amended Regulation E to define standards and provide initial guidance in implementing section 1037 of the Dodd-Frank Wall Street Reform and Consumer Protection Act ("DFA").
    United StatesConsumer Protection
    Paul Hastings LLP
    Paul Hastings LLP
  • Article

    CFPB Makes The Case For Supervisory Examination Privilege

    In the Consumer Financial Protection Bureau’s ("CFPB") first official release of the year, CFPB Bulletin 12-01, the agency addresses the treatment and scope of confidentiality protections accorded information collected from supervised institutions through the CFPB’s supervisory process.
    United StatesFinance and Banking
    Paul Hastings LLP
    Paul Hastings LLP
  • Article

    China’s Anti-Monopoly Law Enforcement Authorities Issue Long-Awaited Regulations For Implementing The Anti-Monopoly Law

    In late 2010, the National Development and Reform Commission ("NDRC") and the State Administration for Industry and Commerce ("SAIC"), two of the three key Anti-Monopoly Law Enforcement Authorities ("Enforcement Authorities") in the People’s Republic of China ("PRC"), formally issued five (5) long-awaited implementing set of rules in relation to the enforcement of the PRC Anti-Monopoly Law ("PRC AML"), which respectively address the enforcement policies against pricing monopolies and prohibition
    ChinaAntitrust/Competition Law
    Paul Hastings LLP
    Paul Hastings LLP
  • Article

    The New Social Insurance Law And Its Implementing Regulations Mandates Enrollment For Foreigners In China

    On July 1, 2011 the PRC Social Insurance Law, issued by the Standing Committee of the National People’s Congress ("SIL"), took effect and established the first national, basic social insurance framework for employees across the PRC.
    ChinaEmployment and HR
    Paul Hastings LLP
    Paul Hastings LLP
  • Article

    CSRC Issues New Rules To Promote QFII Program

    On July 27, 2012, the CSRC issued the Provisions on Issues in relation to the Implementation of the "Administrative Measures for Domestic Securities Investment by Qualified Foreign Institutional Investors".
    ChinaFinance and Banking
    Paul Hastings LLP
    Paul Hastings LLP
  • Article

    CFPB Announces Early Warning Notice Process For Potential Enforcement Targets

    On November 7, 2011, the Bureau of Consumer Financial Protection ("CFPB") announced its intent to implement an Early Warning Notice process to provide subjects of potential enforcement action, with notice of the possible action, and an opportunity to submit a written response before the CFPB initiates enforcement action.
    United StatesCorporate/Commercial Law
    Paul Hastings LLP
    Paul Hastings LLP
  • Article

    Master Agreement Protocol Released for International Swaps & Derivatives: Current Cut-off Date for Adherence - March 1,2004

    One of the obstacles to promoting the use of the 2002 ISDA Master Agreement (the "2002 Agreement")is the fact that many of the definitions and credit support documents published before 2002 by the International Swaps and Derivatives Association, Inc.("ISDA")are not compatible with the 2002 Agreement without amendment.
    United StatesFinance and Banking
    Paul Hastings LLP
    Paul Hastings LLP
  • Article

    Accelerated Form 4 Reporting Requirements Under the Sarbanes-Oxley Act of 2002

    United StatesFinance and Banking
    Paul Hastings LLP
    Paul Hastings LLP
  • Article

    ISOLAS LLP Highlights Advantages Of Gibraltar Limited Partnerships, As Government's New Statutory Frameworks Come Into Effect

    New legislation modernises the framework for the establishment and operation of limited partnerships in Gibraltar, as demand continues to grow.
    GibraltarFinance and Banking
    ISOLAS LLP
    ISOLAS LLP
  • Article

    Pension Reform Act I: Accounting Industry Reform Act Enacted; Next Step: Pension Reform Legislation

    United StatesStrategy
    Paul Hastings LLP
    Paul Hastings LLP
  • Article

    Regulating ERISA Claims Procedures: New Rules for Handling Benefit Claims

    United StatesStrategy
    Paul Hastings LLP
    Paul Hastings LLP
  • Article

    Proposed Rules: California Releases Much Anticipated Revisions To CCPA Regulations

    The California Attorney General has issued long-awaited modified proposed regulations implementing the California Consumer Privacy Act of 2018 on February 7 and February 10, 2020, which contain a number of ...
    United StatesPrivacy
    Paul Hastings LLP
    Paul Hastings LLP
  • Article

    CFPB Announces More Changes To Come For Remittance Rule, Delayed Implementation

    On November 27, 2012, the Consumer Financial Protection Bureau ("CFPB") issued a bulletin ("Bulletin") announcing the agency’s intent to propose amendments to its not-yet-effective final rule on foreign remittance transfers that was issued earlier this year and scheduled to become effective on February 7, 2013 ("Remittance Rule").
    United StatesConsumer Protection
    Paul Hastings LLP
    Paul Hastings LLP
  • Article

    SEC To Adjust "Qualified Client" Dollar Thresholds For Investment Adviser Performance Fee Rule, Implementing Requirements Imposed By Dodd-Frank

    On May 10, 2011, the Securities and Exchange Commission ("SEC") provided notice of its intent to issue an order which will adjust certain dollar thresholds in Rule 205-3 of the Investment Advisers Act of 1940 (the "Advisers Act"),
    United StatesCorporate/Commercial Law
    Paul Hastings LLP
    Paul Hastings LLP
  • Article

    Don't Miss The Mark: Why Deal Makers Should Not Overlook Recent False Marking Statute Decisions

    Patent holders frequently mark products by stamping "patented" or "protected by U.S. Patent No. ________" on the article in order to put potential infringers on notice that the product is patent protected. The Patent Marking Statute (35 U.S.C. § 287(a)) limits the damages a patent holder may recover to those stemming from acts of infringement which occurred after an infringer was given actual or constructive notice of infringement. Marking a patented article establishes such constructive notice.
    United StatesIntellectual Property
    Paul Hastings LLP
    Paul Hastings LLP
  • Article

    No More Safe Harbors: New Statute Expands Iran Sanctions Liability For U.S. Parent Companies

    In a development that should be heeded by any U.S. company with overseas operations, on October 9, 2012, the Obama Administration implemented key provisions of the Iran Threat Reduction and Syria Human Rights Act of 2012.
    United StatesInternational Law
    Paul Hastings LLP
    Paul Hastings LLP

Showing 201–220 of 388 results

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