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  • 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
  • Article

    SEC Finalizes Rule For Compensation Committee Listing Standards And Compensation Consultant Conflicts

    The new disclosure is required regardless of whether the compensation consultant is hired by management, the compensation committee or any other committee of the board.
    United StatesCorporate/Commercial Law
    Paul Hastings LLP
    Paul Hastings LLP
  • Article

    ILPA Private Equity Principles 2.0

    In January 2011, the Institutional Limited Partners Association, a private equity industry association ("ILPA"), released an updated version of its Private Equity Principles, setting forth its recommendations for private equity fund best practices and principles (the "Updated Principles").
    United StatesFinance and Banking
    Paul Hastings LLP
    Paul Hastings LLP
  • Article

    Ogier Advises On The Launch Of AEW Value Investors Asia II Fund

    Ogier in Jersey and Luxembourg have acted as legal advisors to AEW Value Investors Asia II, which recently held its final closing, having raised commitments totalling $590.2 million...
    JerseyWealth Management
    Ogier
    Ogier
  • Article

    Section 302 of the Sarbanes-Oxley Act of 2002

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

    The Self-Driving Turtle Wins The Race: Managing The Privacy And Security Of Fast-Paced IoT Innovation

    For today's companies, navigating new paths to growth in the complex and evolving internet of things landscape requires innovative thinking and practical counsel.
    United StatesTechnology
    Fenwick
    Fenwick
  • Article

    Recent Developments In English Contract Law

    This Stay Current focuses on four significant recent cases in England which may have implications for those looking to enter into any English law contracts and agreements, particularly in the context of mergers and acquisitions.
    United StatesCorporate/Commercial Law
    Paul Hastings LLP
    Paul Hastings LLP
  • Article

    An Employment Decision Can Be Discriminatory Even If The Decision-Maker Has No Discriminatory Intent, Supreme Court Rules

    When a manager makes an employment decision without considering the protected characteristics of those involved, we would ordinarily think that, almost by definition, a plaintiff could not make out a claim of intentional discrimination.
    United StatesEmployment and HR
    Paul Hastings LLP
    Paul Hastings LLP
  • Article

    Court Upholds Use Of Offset Credits In California’s Cap-And-Trade Program

    The San Francisco Superior Court has denied a challenge to the California Air Resources Board's Cap-and-Trade Regulation.
    United StatesEnvironment
    Paul Hastings LLP
    Paul Hastings LLP
  • Article

    Supreme Court Allows Generics To Challenge Orange Book Use Codes In Hatch-Waxman Litigation

    Today, the United States Supreme Court held that a generic drug manufacturer who is sued for infringement of a method-of-use patent pursuant to the Hatch-Waxman Act may assert a counterclaim alleging that the use code listed in the Orange Book inaccurately characterizes the uses claimed in the listed patent and requesting that the branded drug manufacturer correct the use code characterization accordingly.
    United StatesFood, Drugs, Healthcare, Life Sciences
    Paul Hastings LLP
    Paul Hastings LLP
  • Article

    California Supreme Court Rules In Apple Inc. v. Superior Court That Online Retailers May Request Personal Identification Information From Purchasers Of Electronic Downloads

    The California Supreme Court has recently issued its much-anticipated opinion in Apple Inc. v. Superior Court.
    United StatesLitigation, Mediation & Arbitration
    Paul Hastings LLP
    Paul Hastings LLP
  • Article

    Department of Labor Indicates That Companies Should Review 401(k) Plan Investment Options in Light of Mutual Fund Investigations

    Review of Investment Funds Necessary to Fulfill Fiduciary Obligations: The Assistant Secretary for Employee Benefits Security at the U.S. Department of Labor ("DOL") issued a written statement this week indicating that 401(k) plan<SUP>1</SUP> fiduciaries should undertake a review of their plans’ mutual fund investment options in light of recent investigations and other regulatory developments in the industry.
    United StatesWealth Management
    Paul Hastings LLP
    Paul Hastings LLP
  • Article

    Out Of Joint: How The Growing Disconnect Between Federal And State Marijuana Laws Impacts Employers

    On Election Day, Colorado and Washington became the first states to legalize the recreational use of marijuana.
    United StatesFood, Drugs, Healthcare, Life Sciences
    Paul Hastings LLP
    Paul Hastings LLP
  • Article

    Quarterly FCPA Report: First Quarter 2011 - 2011 Starts with Steady Pace of Settlements and Flurry of Litigation

    Following 2010’s record year of Foreign Corrupt Practices Act ("FCPA") enforcement, 2011 began steadily with four company and seven individual defendants – one of which included a blockbuster forfeiture – and with a flurry of litigation activity challenging DOJ’s prosecution theories and tactics.
    United StatesCriminal Law
    Paul Hastings LLP
    Paul Hastings LLP
  • Article

    Governor Signs Historic Legislation To Abolish Redevelopment Agencies

    On June 29, 2011, Governor Brown signed ABx1 26 into law, fulfilling his promise to abolish California’s nearly 400 redevelopment agencies (the "RDAs") as part of his 2011-2012 budget.
    United StatesGovernment, Public Sector
    Paul Hastings LLP
    Paul Hastings LLP
  • Article

    UK And German Tax Update

    Set out below is a snapshot of certain recent UK and German tax developments.
    United KingdomTax
    Paul Hastings LLP
    Paul Hastings LLP
  • Article

    CFPB Procedural Rule Highlights Breadth And Scope Of Agency’s Nonbank Supervision Program

    On May 25, 2012, the Bureau of Consumer Financial Protection ("CFPB") issued a proposed rule ("Proposed Rule").
    United StatesConsumer Protection
    Paul Hastings LLP
    Paul Hastings LLP
  • Article

    Time to Get Ready - The Temporary Agency Worker Regulations

    On 1 October 2011 new legislation will dramatically impact the rights of temporary agency workers.
    United StatesEmployment and HR
    Paul Hastings LLP
    Paul Hastings LLP
  • Article

    The Future Of LIBOR – The Final Report From The Wheatley Review

    On July 2, 2012, the Chancellor of the Exchequer commissioned Martin Wheatley to undertake a review of the structure and governance of LIBOR.
    United StatesFinance and Banking
    Paul Hastings LLP
    Paul Hastings LLP
  • Article

    The Saga Of A Secured Lender’s Right To Credit Bid Continues - Seventh Circuit Rejects Third Circuit Approach And Upholds Secured Lender’s Right To Credit Bid In Sale Pursuant To A Bankruptcy Plan

    A secured lender’s well-worn tools to protect its security interest have included the right to credit bid when its collateral is being sold.
    United StatesInsolvency/Bankruptcy/Re-Structuring
    Paul Hastings LLP
    Paul Hastings LLP

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