On December 22, 2006, the SEC issued an unexpected release amending its rules regarding disclosure of executive and director compensation that were adopted in July 2006.

Long hours could be coming up for corporate HR and legal staffs charged with preparing a proxy statement for next year’s annual shareholders’ meeting.

Well over a year has passed since President Bush signed the Class Action Fairness Act (CAFA) into law in February 2005.

Chadbourne & Parke LLP in New York and Carey in Santiago have helped Chilean power company Enersis issue US$600 million worth of notes.

Mergers and acquisitions in Kazakhstan are now subject to the new Law "On Competition and Restriction of Monopolistic Activities" (the "New Antimonopoly Law"), adopted on July 7, 2006, which repealed the law that had been in effect since 2001 (the "Old Antimonopoly Law"). The New Antimonopoly Law introduces several significant changes, particularly with respect to prior consent from the antimonopoly authorities for an acquisition.

A US appeals court appears in a strongly-worded opinion in July to have definitively closed the door on efforts by Mirant, a US independent power company, to use its bankruptcy as justification to walk away from commitments it made to the Potomac Electric Power Company, a utility, when Mirant bought the utility’s power plants.

Society has become increasingly dependent upon computers in business and in our personal lives. With each technological advancement, the practice of law becomes more sophisticated and, commensurate with this progress, the legal system must adapt.

This fall will see the entry into force of new antimonopoly legislation which will affect both Russian and foreign companies alike and eliminate many gaps and uncertainties that exist under the current regulatory framework

On August 30, 2007, the Standing Committee of the National People's Congress, China's top legislature, enacted its antitrust law, literally translated "Anti-Monopoly Law (the Law)." The Law, which will take effect on August 1, 2008, is comprehensive in scope. Because some of its key provisions are open to multiple interpretations, it remains to be seen how it will be implemented and interpreted in practice

The Russian Federation ("RF") State Duma is currently preparing for a second reading of a draft law which would amend the RF Law 'On Limited Liability Companies' (the "LLC Law") (the "Draft LLC Amendments"), significantly affecting the legal status and procedures governing LLCs in the RF. The most significant changes proposed are summarized below.

The US Department of Energy is moving to implement a loan guarantee program for energy projects that employ new technologies. The loan guarantees were authorized in the Energy Policy Act last August. The agency is just getting around to establishing an office to implement the program.

BP plc v Aon Ltd [2006] EWHC 424 (Comm) - This recent English High Court decision has ruled that an assured (in this case, BP) may be able to establish that a subbroker with whom it has no contractual relationship can, in certain circumstances, owe it a duty of care in tort.

The English High Court ruled in October 2005 that the doctrine of "undisclosed principal" is of limited application in insurance law. If the policy itself does not contemplate that an assured is acting for a third party, and the insurer is unaware that cover is intended for the third party as well, then the undisclosed principal doctrine is unlikely to apply.

The New York office of White & Case LLP and Chilean firm Carey have helped SunPower agree US$222 million worth of financing for a solar plant in northern Chile.

Owners of some US power plants — called "qualifying facilities" or "QFs" — will have to make rate filings with the federal government under new rules issued by the Federal Energy Regulatory Commission on February 2.

A recent decision by New York County’s Commercial Division threatens to be a new tool for helping shareholders make big returns in a short period of time.

Under the English Civil Procedure Rules the Court has discretion as to whether costs are payable by one party to any other, the amount of those costs and when they are to be paid. (CPR 44.3) The general rule is that the unsuccessful party will be ordered to pay the costs of the successful party (i.e., their legal expenses—covering solicitors’ and counsel’s fees, together with disbursements that usually include expert fees, Court fees, costs of transcribers, photocopying and other associated expe

Under the PPAs, SunPower, which is controlled by French oil company Total, and LAP's San Juan will supply 60 per cent of the transport system's energy demands.

On October 9, 2007, Connecticut Attorney General Richard Blumenthal filed a state law antitrust complaint against Guy Carpenter, an international reinsurance intermediary of Marsh & McLennan Companies, Inc. and Excess Reinsurance Company, for whom Guy Carpenter acts as a general manager, alleging a series of conspiracies within the reinsurance industry to fix prices and output, foreclose competitors from access to markets, and allocate markets to eliminate competition for the purpose o

Andrew Fastow pled guilty. Kenneth Lay and Jeffrey Skilling were convicted. Scores of other directors and officers who gathered around U.S. corporate conference tables in recent years have since become the subject of civil lawsuits or criminal indictments or both.The recent guilty verdict against Enron’s top two executives is but one more domino to fall in a series of corporate scandals that have ricocheted through America’s boardrooms and courtrooms during the past decade.