http://www.mondaq.com Mondaq Business Briefing provides global coverage of all legal analysis from reputable firms, en-us Copyright 2010 Mondaq.com 60 http://www.mondaq.com/article.asp?articleid=95546&rss=0 The first instance decision in this case was reported in Weekly Update 25/09. In the US, the US Securities Exchange Commission (SEC) obtained an order appointing a receiver over the worldwide assets of Stanford International Bank ("SIB") and other companies in the Stanford group. 11 Mar 2010 00:00:00 GMT http://www.mondaq.com/article.asp?articleid=95564&rss=0 The World Anti-Doping Agency (WADA) Code is the core document that provides the framework for harmonised anti-doping policies globally and has been adopted as the basis for the majority of sports regulators’ own anti-doping policies. 11 Mar 2010 00:00:00 GMT http://www.mondaq.com/article.asp?articleid=93772&rss=0 All civilised societies today recognise the principle of ‘Rule of Law’ which provides for supremacy of the law i.e. No man is above the Law. This principle enriches within itself the concept that all decisions should be based on reason and thus a Government or any of its bodies should not act arbitrarily but rationally in accordance with the principles governing society. 10 Mar 2010 16:43:42 GMT http://www.mondaq.com/article.asp?articleid=93518&rss=0 The Mortgage Rescue Scheme is a government initiative, which is run by local housing authorities, designed to prevent some of the most vulnerable families losing their homes. 10 Mar 2010 16:41:40 GMT http://www.mondaq.com/article.asp?articleid=94834&rss=0 There are many practical benefits of converting a partnership to a LLP and incorporation of LLPs on is on the rise, in particular amongst professional service providers. 10 Mar 2010 16:40:50 GMT http://www.mondaq.com/article.asp?articleid=94958&rss=0 PRIVATE UNDERTAKINGS THAT ENGAGE in commercial transactions with public authorities located in the EU should be more aware of the risk of unlawful state aid. 10 Mar 2010 16:39:26 GMT http://www.mondaq.com/article.asp?articleid=93298&rss=0 The multi-billion dollar satellite industry is an area that has seen phenomenal growth in the private and public sectors in the last fifty years and is expected to continue to grow for the foreseeable future. 10 Mar 2010 16:38:07 GMT http://www.mondaq.com/article.asp?articleid=94684&rss=0 What steps can employers take to reduce the risk of being sued by employees claiming "stress at work"? 10 Mar 2010 16:37:16 GMT http://www.mondaq.com/article.asp?articleid=93392&rss=0 On 29 October 2009 HM Treasury in London published a report on the British Offshore Finance Centres, commissioned by The Chancellor of the Exchequer in December 2008 and prepared by Mr Michael Foot, a former senior Bank of England official. 10 Mar 2010 16:21:47 GMT http://www.mondaq.com/article.asp?articleid=94142&rss=0 The American Recovery and Reinvestment Act (ARRA) authorized the Centers for Medicare & Medicaid Services (CMS), through the Health Information Technology for Economic and Clinical Health Act (HITECH Act), to provide federal incentive payments to eligible hospitals, eligible professionals (generally, non hospital-based physicians) and qualifying Medicare Advantage organizations for the "meaningful use" of "certified" electronic health record (EHR) technology. 10 Mar 2010 15:48:16 GMT http://www.mondaq.com/article.asp?articleid=93124&rss=0 On December 23, 2009, the Federal Circuit Court of Appeals held that patent owners and others may be fined up to $500.00 for every product or advertisement bearing a false patent marking. 10 Mar 2010 15:30:21 GMT http://www.mondaq.com/article.asp?articleid=94194&rss=0 Ever since the Presidential primaries ended, a storm has been gathering in the business community. Talk of the Employee Free Choice Act, or EFCA, legislation by then candidate Barack Obama energized labor unions and terrified businesses both large and small across the country. 10 Mar 2010 14:55:09 GMT http://www.mondaq.com/article.asp?articleid=95058&rss=0 On February 19, 2009, the U.S. District Court for the District of Columbia released a seminal decision in the long debate concerning intercarrier compensation for Voice over Internet Protocol ("VoIP")- originated calls. PAETEC Communications v. CommPartners, LLC, No. 08-0397, determined that CommPartners’ VoIP-originated service "is properly labeled an information service," and as such, "not subject to the access charge regime." 10 Mar 2010 14:54:01 GMT http://www.mondaq.com/article.asp?articleid=93936&rss=0 Manufacturers have been very busy deciphering and meeting new CPSIA requirements, including restrictions on the amounts of heavy metal in their products. 10 Mar 2010 14:48:56 GMT http://www.mondaq.com/article.asp?articleid=93304&rss=0 Law360, New York (January 07, 2010) -- As anticipated, on Dec. 16, 2009, the U.S. Securities and Exchange Commission presented investors and corporate governance reform advocates with a holiday gift by adopting substantial amendments to the executive compensation and corporate governance disclosure requirements for publicly held companies. 10 Mar 2010 14:25:54 GMT http://www.mondaq.com/article.asp?articleid=93776&rss=0 Directors of a corporation cannot invoke the business judgment rule to justify decisions that violate a unanimous shareholders’ agreement, the Ontario Divisional Court held recently. 10 Mar 2010 14:14:19 GMT http://www.mondaq.com/article.asp?articleid=94150&rss=0 Smart Grid systems increase the connectivity, automation and coordination of energy transmission and distribution between suppliers and networks, and consumers. 10 Mar 2010 14:12:41 GMT http://www.mondaq.com/article.asp?articleid=93498&rss=0 On January 19, 2010, the California Department of Insurance ("Department") convened a working group to discuss an initial draft of regulations addressing whether insurers can, should, or must make an election to change reporting and payment of premium taxes from an accrual basis to a cash basis, or vice versa. 10 Mar 2010 14:11:49 GMT http://www.mondaq.com/article.asp?articleid=94050&rss=0 In the October 2009 edition of Deadbeat, Elizabeth Seo provided a helpful survey of recent costs decisions in estates litigation. A decision released by Justice Pitt in late October 2009 throws additional light on the issue of costs. 10 Mar 2010 14:10:25 GMT http://www.mondaq.com/article.asp?articleid=93932&rss=0 The IRS has issued a notice providing methods by which employers who have nonqualified deferred compensation plans may voluntarily correct specific types of failures to comply with plan document requirements under Code Section 409A and, in some cases, avoid or reduce the amount includible in a plan participant's income and additional taxes under 409A. 10 Mar 2010 14:05:56 GMT http://www.mondaq.com/article.asp?articleid=93510&rss=0 The Division of Corporation Finance of the SEC recently updated its Compliance and Disclosure Interpretations ("CDIs") relating to Regulation G and the use of non-GAAP financial measures, superseding its previous Frequently Asked Questions Regarding the Use of Non-GAAP Financial Measures issued in 2003 (the "2003 FAQs"). 10 Mar 2010 14:04:40 GMT http://www.mondaq.com/article.asp?articleid=95086&rss=0 Last month, the Internal Revenue Service initiated an intensive employment tax research study of 6,000 randomly selected taxpayers as part of a national research program, or NRP, aimed at investigating tax compliance issues related to employment taxes, fringe benefits, independent contractor classification, expense reimbursements and other related "payroll" issues. 10 Mar 2010 09:00:08 GMT http://www.mondaq.com/article.asp?articleid=95126&rss=0 A Texas-based drilling company restarted operations in Tioga County, Pa., after reaching a tentative settlement agreement with the Susquehanna River Basin Commission (SRBC). The SRBC is likely to agree to the settlement at its March 18 meeting, according to a spokesperson for the commission. 10 Mar 2010 09:00:08 GMT http://www.mondaq.com/article.asp?articleid=95148&rss=0 With this new edition, we continue with our compromise to contribute and support the economic recuperation and business development, growing in the legal services we render focused on Customs and International Trade. 10 Mar 2010 09:00:08 GMT http://www.mondaq.com/article.asp?articleid=95170&rss=0 Bill 37, the Child Pornography Reporting Act, 2008, received Royal Assent on December 10th, 2008. The Bill places potentially onerous reporting obligations on employers. 10 Mar 2010 09:00:07 GMT