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  • Article

    New Coronavirus – Selected Legal Issues Under German Law

    The number of deaths has risen to over 4,000.
    GermanyCorporate/Commercial Law
    Cleary Gottlieb Steen & Hamilton LLP
    Cleary Gottlieb Steen & Hamilton LLP
  • Article

    SEC Chief Accountant Weighs In On Accounting Issues During The COVID-19 Outbreak

    On April 3, 2020, the SEC's Chief Accountant, Sagar Teotia, issued a Statement on the Importance of High-Quality Financial Reporting in Light of the Significant Impacts of COVID-19...
    United StatesCoronavirus (COVID-19)
    Cleary Gottlieb Steen & Hamilton LLP
    Cleary Gottlieb Steen & Hamilton LLP
  • Article

    Fundraising For Opportunities Ahead

    Reflective of wider global trends, the European alternative investments industry continues to grow and attract investors.
    European UnionFinance and Banking
    Cleary Gottlieb Steen & Hamilton LLP
    Cleary Gottlieb Steen & Hamilton LLP
  • Article

    European Commission Provides Further Hints At Post-Brexit Adequacy Decision For The UK

    The European Commission (the "EC") has published (see link here) slides from its Task Force for Relations with the United Kingdom regarding the future relationship with the....
    European UnionPrivacy
    Cleary Gottlieb Steen & Hamilton LLP
    Cleary Gottlieb Steen & Hamilton LLP
  • Article

    The Impact Of Sanctions On Arbitration: A Recent Case Study Involving The EU Sanctions Regime

    In the case of Ministry of Defence and Support for Armed Forces of the Islamic Republic of Iran v International Military Services Ltd [2019]
    GlobalInternational Law
    Cleary Gottlieb Steen & Hamilton LLP
    Cleary Gottlieb Steen & Hamilton LLP
  • Article

    The UK's Post-Brexit Financial Services Regulatory Framework – Details Emerge

    On June 23, 2020, HM Treasury announced the first concrete "details on the UK's continued commitment to high regulatory standards for the financial services sector post-EU withdrawal"...
    United KingdomFinance and Banking
    Cleary Gottlieb Steen & Hamilton LLP
    Cleary Gottlieb Steen & Hamilton LLP
  • Article

    Are Cryptoassets Property Under English Law?

    In May 2019, the UK Jurisdiction Taskforce of the LawTech Delivery Panel published its public consultation paper on the status of cryptoassets and distributed ledger technology, as well as the enforceability of smart contracts, ...
    United KingdomTechnology
    Cleary Gottlieb Steen & Hamilton LLP
    Cleary Gottlieb Steen & Hamilton LLP
  • Article

    Incentives In The Pandemic

    Consider the British prisoner dilemma over two centuries ago as a powerful lesson in incentives and how these lessons can be applied to the current pandemic.
    United StatesCoronavirus (COVID-19)
    Cleary Gottlieb Steen & Hamilton LLP
    Cleary Gottlieb Steen & Hamilton LLP
  • Article

    Five Building Blocks For Effective Internal Controls To Comply With U.S. Whistleblower Protections

    In addition, anti-retaliation policies should outline how the company receives and responds to employees' compliance concerns.
    United StatesCorporate/Commercial Law
    Cleary Gottlieb Steen & Hamilton LLP
    Cleary Gottlieb Steen & Hamilton LLP
  • Article

    New FCA Requirement For Issuers To Provide A Description Of Rights For Listed Securities

    On March 26, 2020, the Financial Conduct Authority (the "FCA") approved changes to the Listing Rules to introduce a new requirement for issuers to keep publicly available and up-to-date information regarding the rights attached to UK listed securities.
    United StatesCorporate/Commercial Law
    Cleary Gottlieb Steen & Hamilton LLP
    Cleary Gottlieb Steen & Hamilton LLP
  • Article

    Ransomware And Sanctions Compliance: Considerations For Responses To Attacks

    Last month, reports surfaced that fitness technology company Garmin may have made a multimillion dollar payment in response to a ransomware attack with reported links to Evil Corp...
    United StatesInternational Law
    Cleary Gottlieb Steen & Hamilton LLP
    Cleary Gottlieb Steen & Hamilton LLP
  • Article

    Broadening The Scope Of 28 U.S.C. § 1782: Trends In Using U.S. Discovery In Foreign Proceedings

    Recent decisions of the Sixth and Second Circuits have the potential to significantly broaden the application of 28 U.S.C. § 1782 in order to compel production of documentary evidence
    United StatesLitigation, Mediation & Arbitration
    Cleary Gottlieb Steen & Hamilton LLP
    Cleary Gottlieb Steen & Hamilton LLP
  • Article

    Class & Collective Action Newsletter - July 2, 2019

    Welcome to the July 2, 2019 edition of our Class & Collective Action Group Newsletter, a briefing on developments in the class and collective action space.
    United StatesLitigation, Mediation & Arbitration
    Cleary Gottlieb Steen & Hamilton LLP
    Cleary Gottlieb Steen & Hamilton LLP
  • Article

    Decision In Dancel v. Groupon, Inc. (Seventh Circuit)

    Whether the district court abused its discretion in denying class certification on the basis that common questions would not predominate over individual ones as required by Rule 23(b)(3).
    United StatesLitigation, Mediation & Arbitration
    Cleary Gottlieb Steen & Hamilton LLP
    Cleary Gottlieb Steen & Hamilton LLP
  • Article

    Ninth Circuit Order Vacating Class Certification in Vargas v. Lott

    In 2017, Ford and putative class counsel reached a settlement agreement that afforded two forms of relief to the proposed class.
    United StatesLitigation, Mediation & Arbitration
    Cleary Gottlieb Steen & Hamilton LLP
    Cleary Gottlieb Steen & Hamilton LLP
  • Article

    California Consumer Privacy Act Amendments Offer Relief, But Challenges Remain

    California's 2019 legislative session has drawn to a close with passage of five amendments to the California Consumer Privacy Act (CCPA) during the final days of the session.
    United StatesPrivacy
    Cleary Gottlieb Steen & Hamilton LLP
    Cleary Gottlieb Steen & Hamilton LLP
  • Article

    Eleventh Circuit Decision In AA Suncoast Chiropractic Clinic v. Progressive Am. Ins. Co.

    Whether the district court erred in certifying an injunction class under Federal Rule of Civil Procedure 23(b)(2) where the putative class sought retrospective relief and the proposed class may be both under- and over-inclusive.
    United StatesLitigation, Mediation & Arbitration
    Cleary Gottlieb Steen & Hamilton LLP
    Cleary Gottlieb Steen & Hamilton LLP
  • Article

    Latest Measures To Tackle The Outbreak Of COVID-19 And Limit Impacts For French Employers

    Since March 14, 2020, the French Government has prohibited travel and activities generating public gatherings (schools, universities, shops, restaurants, shows, cinemas, sporting events, fairs, etc.)
    United StatesCoronavirus (COVID-19)
    Cleary Gottlieb Steen & Hamilton LLP
    Cleary Gottlieb Steen & Hamilton LLP
  • Article

    SEC Brings Settled Action Against Mylan N.V. For Alleged Failure To Disclose Government Investigation

    On the one hand, regulatory investigations are generally confidential and it is axiomatic that the existence of an investigation does not reflect a conclusion of wrongdoing.
    United StatesCorporate/Commercial Law
    Cleary Gottlieb Steen & Hamilton LLP
    Cleary Gottlieb Steen & Hamilton LLP
  • Article

    SEC Proposes Changes To Requirements For Shareholder Proposals In Proxy Statements

    On November 5, the SEC released its widely anticipated proposed changes to some of the procedural requirements for shareholder proposals to be included in management's proxy ...
    United StatesCorporate/Commercial Law
    Cleary Gottlieb Steen & Hamilton LLP
    Cleary Gottlieb Steen & Hamilton LLP

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