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  • Article

    Registered Closed-End Funds May Exclude Investor's Advisory Proposal To Declassify Board

    In a February 16, 2024 no-action letter, the staff of the SEC's Division of Investment Management assented to the request of three Nuveen closed-end funds...
    United StatesCorporate/Commercial Law
    Ropes & Gray LLP
    Ropes & Gray LLP
  • Article

    New FLSA Rule Raises Minimum Salary Thresholds For Exemption from Overtime

    As a result of these changes, millions of workers will lose their current FLSA-exempt status on December 1, 2016.
    United StatesEmployment and HR
    Ropes & Gray LLP
    Ropes & Gray LLP
  • Article

    Volcker Rule Regulatory Changes Are Coming

    He also endorsed legislative efforts to pull community banks out from under the Volcker Rule.
    United StatesFinance and Banking
    Ropes & Gray LLP
    Ropes & Gray LLP
  • Article

    China Announces Revised Good Clinical Practices For Public Comments

    The China Food and Drug Administration recently released its proposed revisions to Good Clinical Practices ("GCP") for pharmaceutical clinical studies for public comments.
    United StatesFood, Drugs, Healthcare, Life Sciences
    Ropes & Gray LLP
    Ropes & Gray LLP
  • Video

    Post-Grant Insights: Staying District Court Litigation

    As soon as a PTAB petition is filed, one ought to file a motion to stay the district court proceedings so that a client isn’t forced to fight battles on both fronts.
    United StatesIntellectual Property
    Ropes & Gray LLP
    Ropes & Gray LLP
  • Article

    PTAB To Discuss Ex Parte Appeal Practices Thursday

    The Patent Trial & Appeal Board (PTAB) will host its next "Boardside Chat" webinar this Thursday, April 5 from noon to 1 p.m. ET.
    United StatesIntellectual Property
    Ropes & Gray LLP
    Ropes & Gray LLP
  • Article

    Amazon Notifies Marketplace Sellers That It Will Disclose Their Inventory Information To The Massachusetts Department Of Revenue

    In late January 2018, Amazon notified its third party marketplace sellers with inventory in Massachusetts that the company planned to turn over information regarding them to the Massachusetts Department of Revenue.
    United StatesTax
    Ropes & Gray LLP
    Ropes & Gray LLP
  • Article

    Proposed Regulations Remove Tax Obstacles To Secure U.S. Domestic Corporate Borrowings

    On October 31, 2018 the Treasury Department released proposed regulations under section 956 of the Internal Revenue Code of 1986, as amended, that generally exempt U.S. domestic corporations from recognizing deemed...
    United StatesTax
    Ropes & Gray LLP
    Ropes & Gray LLP
  • Article

    Technology Service Provider Contracts With Banks

    Mindful of the growing reliance by financial institutions on technology service providers, the FDIC issued a Financial Institution Letter this week identifying gaps, particularly involving business continuity...
    United StatesTechnology
    Ropes & Gray LLP
    Ropes & Gray LLP
  • Article

    Ropes & Gray's Investment Management Update December 2020–January 2021

    The SEC staff's no-action assurances were based upon the funds' representations and subject to a number of conditions, described in the incoming letter and summarized below.
    United StatesFinance and Banking
    Ropes & Gray LLP
    Ropes & Gray LLP
  • Article

    Chinese FDA To Launch A Quality Consistency Evaluation For Generic Drugs

    Chinese State Food and Drug Administration ("SFDA") issued a draft Work Plan for Quality Consistency Evaluation for Generic Drugs ("Work Plan") on November 22 for public comments through December 6.
    ChinaFood, Drugs, Healthcare, Life Sciences
    Ropes & Gray LLP
    Ropes & Gray LLP
  • Article

    Latest News On European Patents

    Europe has been bustling with recent news and development from the Unified Patent Court Preparatory Committee and the European Patent Office. Here is a short summary of the main highlights:
    European UnionIntellectual Property
    Ropes & Gray LLP
    Ropes & Gray LLP
  • Article

    We Lost You For A Minute There

    Europeans and Americans don't always see eye to eye — on football, portion sizes and flag flying, amongst others.
    GlobalPrivacy
    Ropes & Gray
    Ropes & Gray
  • Article

    Data Asset Financing: New Asset – New Opportunity

    During the COVID-19 pandemic, a number of borrowers faced a liquidity crunch and turned to asset-backed financings as a way of raising emergency capital as cash flow lending became impossible.
    United KingdomFinance and Banking
    Ropes & Gray LLP
    Ropes & Gray LLP
  • Article

    Prime Minister Confirms That The UK Will Exit The EU Single Market

    In a speech made this afternoon, Prime Minister Theresa May confirmed that the UK will leave the European Union (EU) and will not seek membership of the single market.
    United KingdomGovernment, Public Sector
    Ropes & Gray LLP
    Ropes & Gray LLP
  • Article

    FTC Continues Aggressive Enforcement Of HSR Act, Levies $656,000 Fine Against Investor

    Investor Len Blavatnik has agreed to pay $656,000 to resolve allegations that he violated the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the "HSR Act") by failing to obtain clearance prior to acquiring voting securities of TangoMe, Inc..
    United StatesAntitrust/Competition Law
    Ropes & Gray LLP
    Ropes & Gray LLP
  • Article

    SBA Loan Implications For Portfolio Companies

    On Sunday afternoon, March 22, 2020, the Senate failed to pass a key procedural vote required to advance the Coronavirus Aid, Relief, and Economic Security Act ...
    United StatesCoronavirus (COVID-19)
    Ropes & Gray LLP
    Ropes & Gray LLP
  • Article

    Conflict Minerals Compliance – New Twists For 2024

    The next filing under the U.S. Conflict Minerals Rule is due on May 31, 2024. That filing will be for the 2023 calendar year. In early 2024, U.S. public companies...
    United StatesCorporate/Commercial Law
    Ropes & Gray LLP
    Ropes & Gray LLP
  • Article

    Legal Lingo: What Is A Private Equity 'Corporate Stack'?

    Being an aspiring commercial lawyer often means being confronted by complex, often abstract, concepts leading to an often impenetrable wall of jargon for students and trainees.
    United StatesCorporate/Commercial Law
    Ropes & Gray LLP
    Ropes & Gray LLP
  • Article

    SEC Charges Australian Mining Company For FCPA Violations Arising From Its Hospitality Program At The 2008 Beijing Olympics

    On May 20, 2015, the U.S. Securities and Exchange Commission ("SEC") announced a $25 million settlement with Australian mining company BHP Billiton (the "Company") to resolve Foreign Corrupt Practices Act ("FCPA") charges arising from the Company's sponsorship of the 2008 Summer Olympics
    United StatesCriminal Law
    Ropes & Gray LLP
    Ropes & Gray LLP

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