November 23, 2014

Advertisement

November 21, 2014

FEATURED ARTICLES

Utah District Court Strikes Down Regulation of Species Under the Endangered Spec
U.S. District Judge Dee Benson issued a significant ruling in the District of Utah finding that prohibiting the take of Utah prairie dogs on private... Read More >
Temporary Protected Status Extended to Liberia, Sierra Leone, and Guinea
Temporary Protected Status (TPS) has been extended to Liberia, Sierra Leone, and Guinea for a period of 18 months, according to U.S. Department of... Read More >
Global Crowdfunding Site Consents to SEC Censure
Last week, the Securities and Exchange Commission censured Eureeca Capital SPC, an online, securities-based crowdfunding site incorporated in the... Read More >
President’s Executive Action on Immigration – Content and Preliminary Analysis o
On November 20, 2014, President Obama released the long-anticipated “Executive Action” on immigration reform. See here, here... Read More >
Cloud File
On November 18, 2014, the General Services Administration (“GSA”) hosted an Industry... Read More >
CFTC Extends Relief for Non-US Swap Dealers from Transaction-Level Requirements
The Division of Swap Dealer and Intermediary Oversight, Division of Clearing and Risk and the... Read More >
Summary Judgment Affirmed by Sixth Circuit in Broker Commission Price-Fixing Lit
On November 13, 2014, the Sixth Circuit Court of Appeals upheld the dismissal of price-fixing... Read More >
Social Network Button with Finger Pointing
In a recent case arising from the Facebook IPO, NASDAQ OMX Group v. UBS Securities, LLC, No. 13-Civ... Read More >
FERC Policy Proposal – More Modernization Trackers?
At its November 20, 2014 meeting, FERC issued a policy proposal to facilitate the recovery of the... Read More >

Federal Court News

Pipeline Leak

FERC proposes to establish a framework that allows pipelines to use surcharge or tracker cost-recovery mechanisms to accelerate system improvements associated with new safety and environmental compliance regulations.

...
FINRA and the MSRB Release Companion Proposals That Would Require Additional Dis

On November 17, the Financial Industry Regulatory Authority, Inc. and the Municipal Securities Rulemaking Board (MSRB) released companion proposals that would require disclosure of pricing reference...

Visa Approved

President Barack Obama has announced he will take executive action to expand the population of currently undocumented individuals who will be allowed to remain and work legally in the U.S....

Securities and Exchange Commission, SEC

By all accounts, 2014 was a year of tremendous success for the SEC’s Dodd-Frank Whistleblower Program. According to its ...

State Court News

Residential Homeowner Can Recover Costs of Repairs Even If Greater Than Fair Mar

Until recently, owners of damaged homes in West Virginia had some limits on the amount of damages they could recover in a lawsuit.  Now, the West Virginia Supreme Court of Appeals has significantly revised prior case law...

New York

The New York Appellate Division, First Department, ruled yesterday that the business-judgment rule – not the entire-fairness standard of review – can apply to a going-private transaction with the majority...

Faulty Damages Model Leads to Partial Decertification in California

On November 6, 2014, U.S. District Court Judge Lucy Koh of the U.S. District Court for the Northern District of California granted in part defendant Dole’s motion for decertification...

INTERNATIONAL LAW NEWS

The German Supreme Administrative Court Confirms That E-Cigarettes Are Not Medic
by: Angeliki Valsamidou of Covington & Burling LLP

On 20 November 2014 the German Supreme Administrative Court (Bundesverwaltungsgericht, “BVerwG”) confirmed that nicotine-containing liquids that are vaporised...

Africa World Globe
by: Vicky B. McPherson of Greenberg Traurig, LLP

The commentary is well-known about the potential for Africa to become the breadbasket for the world amid the wide-spread need for food security. However, despite this widely regarded potential, not very many countries in Africa...

Nigeria Flag Button
by: Stephanie Keene of Covington & Burling LLP

Earlier this month, the Nigerian Stock Exchange (NSE) and Nigeria’s Convention on Business Integrity (CBi) announced the launch of a Corporate Governance Rating System (CGRS) that will...