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  • Article

    UK High Pay Commission Publishes Final Report On ‘Excessive’ Executive Pay

    The independent High Pay Commission (the "HPC"), a non-governmental interest group established by Compass, concluded its final report on executive pay on 22 November 2011.
    United KingdomCorporate/Commercial Law
    Dechert
    Dechert
  • Article

    Pre-Action Disclosure

    In Dellner Woodville Ltd v Blackman (13 January 2012), the High Court held that pre-action disclosure orders are only to be granted in exceptional circumstances.
    United KingdomEmployment and HR
    Dechert
    Dechert
  • Article

    EU Sanctions Against Iran

    Not a drop of Iranian oil or petroleum can now be brought into the EU legally.
    United KingdomInternational Law
    Dechert
    Dechert
  • Article

    Automatic Adoption Of Private Sewers

    Most private sewers and drains will automatically be transferred on 1 October 2011 to the ownership of water and sewerage companies, which will take over responsibility for their maintenance.
    United KingdomReal Estate and Construction
    Dechert
    Dechert
  • Article

    The National Planning Policy Framework: Aiming For Growth Through Sustainable Development But With Appropriate Controls

    The government’s National Planning Policy Framework was published on 27 March 2012. The NPPF, which applies only in England, provides a framework within which local plans will be prepared by local planning authorities and it is a material consideration in the determination of planning applications.
    United KingdomReal Estate and Construction
    Dechert
    Dechert
  • Article

    Industry Groups Oppose EPA's PFAS Rule In Legal Challenge

    In April 2024, EPA finalized a rule to designate perfluorooctanoic acid ("PFOA") and perfluorooctanesulfonic acid ("PFOS") as hazardous substances under the Comprehensive Environmental Response...
    United StatesEnvironment
    Dechert
    Dechert
  • Article

    Minnesota’s PFAS Ban Is Coming – But Not For Everything

    The FDA is taking a dual approach to artificial intelligence in the pharmaceutical sector, issuing compliance warnings for manufacturing while simultaneously encouraging AI innovation in clinical trials.
    United StatesEnvironment
    Dechert
    Dechert
  • Article

    Deadline Approaching: BE-180 Survey 2025 For Cross-Border Financial Services Transactions

    U.S. financial services providers who transacted in financial services with non-U.S. persons in the 2024 fiscal year may be required to file the Benchmark Survey of Financial Services Transactions Between U.S. Financial...
    United StatesFinance and Banking
    Dechert
    Dechert
  • Article

    European Commission Proposes Simplification Of The CSRD And Certain Other Sustainability-Related Initiatives

    On February 26, 2025, the European Commission published its Omnibus Simplification Package (the Omnibus Package) with proposed amendments...
    United StatesFinance and Banking
    Dechert
    Dechert
  • Article

    New York's Digital Asset Lending Rules Are Now Live

    New York's UCC Revision Act, effective June 3, 2026, introduces a modernized legal framework for digital assets including cryptocurrency, blockchain assets, and NFTs. The legislation establishes "controllable electronic records" as a technology-neutral mechanism for perfecting security interests in digital collateral, while creating new asset categories that reduce legal ambiguity for lenders.
    United StatesFinance and Banking
    Dechert
    Dechert
  • Article

    Pre-Public Funding Of Portfolio Companies: Lessons From Facebook

    Recent developments relating to Facebook and its efforts to raise capital privately, while avoiding triggering a requirement to become a SEC public reporting company, have piqued the interest of some private equity funds.
    United StatesFinance and Banking
    Dechert
    Dechert
  • Article

    SEC Calls Attention To Private Market Valuation

    The SEC's Division of Investment Management will host the roundtable from 1 p.m. to 3 p.m. ET on Wednesday, March 4. Brian Daly, the Division's Director, stated that, "[w]ith retail exposure to alternative investments becoming more common, we want to help everyday investors understand the different valuation approaches used in these products."
    United StatesFinance and Banking
    Dechert
    Dechert
  • Article

    SEC Solicits Input On RMBS Disclosure And Registration Requirements

    On September 26, 2025, the Securities and Exchange Commission (the "Commission") issued a concept release to gather public comments on potential changes to its rules for asset-backed securities ("ABS").
    United StatesFinance and Banking
    Dechert
    Dechert
  • Article

    Claims Under TBA Contracts Do Not Qualify As Customers’ Claims In Broker-Dealers’ Liquidation

    Judge James M. Peck of the United States Bank-ruptcy Court for the Southern District of New York on December 8, 2011 issued an opinion on a motion of the Lehman Brothers Inc.
    United StatesInsolvency/Bankruptcy/Re-Structuring
    Dechert
    Dechert
  • Article

    The No-Harm Foul: U.S. Supreme Court To Decide Whether Class Actions Can Include Uninjured Plaintiffs

    The U.S. Supreme Court recently granted certiorari to resolve a circuit split over whether a damages class may be certified if it includes uninjured plaintiffs.
    United StatesLitigation, Mediation & Arbitration
    Dechert
    Dechert
  • Article

    Cybersecurity: It’s Not Just For Geeks

    As more and more of our business and personal information is stored on computers, we all feel a little sick when the news headlines inform us of the latest computer virus, security breach or data loss.
    United StatesPrivacy
    Dechert
    Dechert
  • Article

    California Market-Based Sourcing Regulations: Effect On Asset Managers

    The California Franchise Tax Board has recently finalized new regulations regarding asset management services provided to persons domiciled in California by an asset manager, even if the asset manager has no presence in California.
    United StatesWealth Management
    Dechert
    Dechert
  • Article

    Russian State Commercial (Arbitrazh) Courts Lose Monopoly On Real Estate Disputes

    Certain provisions of Russian law imply that real estate disputes may be the subject of arbitration; however, none explicitly allow for such a possibility.
    RussiaReal Estate and Construction
    Dechert
    Dechert
  • Article

    A Tale Of Two Years; This Time Will Be Different

    Our view from the trenches is that after the Trump election and excitement over the Trump bump, the capital markets went on a sustained pause.
    United StatesFinance and Banking
    Dechert
    Dechert
  • Article

    Living Will Requirements Come Into Focus

    The FDIC Board of Directors has adopted a final rule setting forth the requirements for the "living wills" to be filed by large bank holding companies ("BHCs") and systemically important nonbank financial companies under Section 165(d) of the Dodd-Frank Act ("Act").
    United StatesFinance and Banking
    Dechert
    Dechert

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