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| More Banking and Financial Headlines |
| | A Short Summary Of Short Selling Regulations |
| |
On July 15, 2008, the SEC issued an emergency order barring
naked short sales of the stock of Fannie Mae, Freddie Mac and
17 financial firms, including Lehman Brothers, Goldman Sachs,
Merrill Lynch and Morgan Stanley.
|
| (Morrison & Foerster LLP) |
| |
| More Company Law Headlines |
| | The Pit, The Pendulum, And The Legal Profession: Where Do We Stand After Five Years Of Sarbanes-Oxley |
| |
In the direct aftermath of the corporate scandals that rocked the dawn of the Millennium (e.g., Enron, WorldCom, Adelphia, Tyco, etc.), a number of folks (mostly legal academics, some politicians, as well as a few others) believed that if only lawyers had somehow acted as better “gatekeepers” of the capital markets, the foregoing crises in capitalism could have been avoided.
|
| (Zuckerman Spaeder LLP) |
| | Unfair Terms & Exclusion Clauses: The Limits Of Reasonableness |
| |
The English Court of Appeal has recently reversed the High Court decision in “Regus (UK) Ltd -v- Epcot Solutions Ltd”, and in doing so has given welcome comfort to service providers who undertake services on standard terms, and their liability insurers.
|
| (Holman Fenwick Willan) |
| |
| More Government & Public Sector Headlines |
| | CBP Proposes Significant Changes For Country Of Origin Determinations |
| |
US Customs and Border Protection (CBP), part of the US Department of Homeland Security, published a “Notice of Proposed Rulemaking” on July 25, 2008, that would fundamentally change its method for determining an imported good’s country of origin.
|
| (Mayer Brown ) |
| |
| More Intellectual Property Headlines |
| | IP Strategy, Contracts And Commercial Relationship Management |
| |
Don't rush into signing NDA's. Sometimes it's
better not to, particularly if you may end up receiving
information that you already have, or being bound not to
compete with something you already knew about.
|
| (Duncan Bucknell Company) |
| |
| More IT & Telecoms Headlines |
| | 10 Rules to Help Keep You Out Of E-mail Trouble |
| |
Assume that your e-mail will be printed on the front page of
the New York Times. If you would be embarrassed or
concerned, don't send it.
|
| (Holland & Knight LLP) |
| | Contract Remedies |
| |
It's happened: the other party is in serious breach of
contract but the exact situation is not expressly described in
the contract terms. You might be entitled to terminate the
contract, but you'd probably rather just receive what you
contracted for, in which case termination can look more like a
foot wound waiting to happen than a solution to your woes.
|
| (Lawrence Graham LLP: Commerce & Technology ) |
| | Limitations On Liability |
| |
The ability of one party to use a contract's standard
limitation of liability provisions to avoid liability for a
breach has always been one of the hot topics of contract law.
|
| (Lawrence Graham LLP: Commerce & Technology ) |
| |
| More Labour & Employment Headlines |
| | Employees & Intellectual Property – Who Owns It? |
| |
On 17 April 2008, Justice French of the Federal Court of
Australia handed down a decision that will potentially have
significant implications for organisations with staff that
create intellectual property that their employer wishes to
claim as its own.
|
| (Donaldson Walsh) |
| |
| More Real Estate Headlines |
| | Subprime Securities Litigation: Key Players, Rising Stakes, and Emerging Trends - Part III of A NERA Insights Series |
| |
The International Monetary Fund (IMF) estimates that the credit crisis will cost about $945 billion dollars, the latest in a long list of estimates presented in Figure 1 below. No one knows the ultimate cost of the crisis, but it certainly will exceed the costs of the last major financial crisis presented by the collapse of the savings and loan industry.
|
| (NERA Economic Consulting) |
