The second quarter of 2012 saw a new level of media attention focused on the enforcement of the Foreign Corrupt Practices Act ("FCPA"), indicating that the press and the public, not just the government, are taking an increased interest in anti-corruption enforcement.

Since our last update on the effects of Brexit on data privacy, we have seen an immense flurry of activity and controversy around Brexit. In our previous update, the Brexit deadline was looming

Over the past year, a bankruptcy proceeding in Colorado – In re Tracy Broadcasting – has called into question creditors’ ability to take a security interest in the proceeds from the future sale in bankruptcy of spectrum licenses issued to borrowers by the Federal Communications Commission.

On March 28, 2012, Georgia Governor Nathan Deal signed into law the Georgia Merchant Acquirer Limited Purpose Bank Act (the "Act"), which creates a new state charter for payment card merchant processors.

On Friday, August 24, 2012, the Federal Circuit took another significant step in clarifying the law of obviousness-type double patenting as it relates to composition claims.

Since the United States Supreme Court’s 2005 holding in Dura Pharmaceuticals v. Broudo, 544 U.S. 336 (2005), legal minds have debated its scope, particularly whether "loss causation" must be proved by securities plaintiffs at the class certification stage.

On April 8, 2011, Johnson & Johnson ("J&J") entered into a deferred prosecution agreement ("DPA") with the Department of Justice (the "DOJ") and a consent decree (the "Consent Decree") with the Securities and Exchange Commission (the "SEC" and, collectively, the "U.S. Government") resolving criminal and civil liabilities for alleged violations of the Foreign Corrupt Practices Act (the "FCPA") by wholly owned subsidiaries in Greece, Poland and Romania, as well as allegations relating to concerns

After more than three years since review first was requested, the California Supreme Court rendered a unanimous decision yesterday in Brinker Restaurant Corp. v. Superior Court, No. S166350 (Apr. 12, 2012).

Last month, two judges in the Southern District of New York issued decisions considering when enforcement actions by the U.S. Securities and Exchange Commission can proceed against foreign nationals.

On June 7, 2012, the SEC approved on an accelerated basis proposed FINRA Rule 5123.

The certification requirement was the most highly-anticipated aspect of the Final Rule and differs from the Proposed Rule in two material respects.

Private securities fraud claims brought under Section 10(b) of the Securities Exchange Act of 1934 and SEC Rule 10b-5 are most commonly premised on alleged misstatements or omissions in information provided to investors about a publicly-traded company.

On July 1, 2011 the first national law which specifically provides for the establishment of the five social insurance systems, the PRC Social Insurance Law, goes into effect.

On May 9, 2012, the Board of Governors of the Federal Reserve System ("Federal Reserve") announced its approval of an application submitted by Industrial and Commercial Bank of China Limited ("ICBC"), China Investment Corporation ("CIC"), and Central Huijin Investment Ltd. ("Huijin"), all based in the People’s Republic of China, to become bank holding companies pursuant to Section 3 of the Bank Holding Company Act of 1956, as amended ("BHCA").

To implement section 941, the Agencies recently issued a proposed rulemaking on Credit Risk Retention, seeking public comment by June 10, 2011.

Turkey has been going through some extensive legislative changes recently that will have significant effects on businesses related to Turkey.

The Supreme Court recently decided the second of two retaliation cases that continued a long and nearly unbroken series of losses for employers.