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SEC Nabs Private Equity Sponsor for Conflicting Investments

JH Partners, LLC, a private equity sponsor, recently agreed to settle SEC charges. According to the SEC the proceedings arose from negligent breaches of fiduciary duty by JHP, an investment adviser to several private equity funds (the…more

Federal Circuit Issues Second Reversal in Favor of a Patent Owner

The Federal Circuit has picked up the pace of issuing actual written opinions regarding PTAB decisions, instead of its previous, steady diet of Rule 36 Judgments. Today, the Court issued its second opinion reversing a Board decision…more

A Thanksgiving Turkey or Should Employers be Grateful for Limited Reform?

It took more than two years but the first amendments to the Fair Work Act 2009 under this Government, which passed both Houses of Parliament on 11 November 2015, came into effect on Friday 27 November 2015, coinciding with the…more

Fifth Circuit: Total Loss Amount Caps Insured’s Recovery Even Under Multiple Policies Covering Different Risks

We don’t usually cover cases dealing with Standard Flood Insurance Policies (SFIPs) issued pursuant to the National Flood Insurance Program, but a Texas case decided by the federal Court of Appeals earlier this month addresses a…more

Identity Theft Victims Can Now Get a Copy of Fraudulently Filed Returns

Many taxpayers, upon filing (or trying to file electronically) their income tax return, hear back that the IRS has already received a filed return for them. Typically, this is due to a fraudulent return filed using the taxpayer…more

Albany County Supreme Court Upholds $199,000 “Hard Cap” on State Funded Executive Compensation, While Striking “Soft Cap” on Funding From All Sources

On November 13, 2015, the New York State Supreme Court, Albany County issued a decision in LeadingAge et al. v. Shah, upholding in part and invalidating in part regulations issued by the Department of Health to implement Executive…more

Deck the halls with… lots of drones –just don’t forget to register it with the FAA

With an estimated 400,000 drones to be sold off the shelves this holiday season, the Federal Aviation Administration (FAA) task force recently released a list of recommendations for recreational drone use, which includes registering…more

[Video]Schrems & The Collapse of Safe Harbor: What Are The Alternatives to EU Data Collection?

In the second part of a Front-Line interview, Jo Sherman, CEO, EDT, shares her views on how organizations can comply with new EU regulations in the context of the recent Schrems decision, and the collapse of safe harbor. As Jo shares…more

Market Volatility Delays Shenzhen-Hong Kong Stock Scheme Launch

On November 17, 2015, at a ceremony in Hong Kong marking the first anniversary of the Shanghai-Hong Kong Stock Connect scheme, Hong Kong Exchanges and Clearing (HKEx) chief executive Charles Li Xiaojia confirmed that the Shenzhen-Hong…more

Turkey’s “Additional Customs Duties” – Will Medical Devices Be Next?

In 2011, Turkey imposed for the first time “additional customs duties.” These are duties as high as 50% imposed on top of normal customs duties on certain goods entering the Turkish territory. These additional customs duties affect…more

Desktop Reference Guide: Summary of Section 16 Rules

This is a summary only. Due to the complexity of Section 16, please consult with us regarding the application of Section 16 to your particular circumstances. Please see full Reference Guide below for more information…more

Goldman Sachs May Still Be Liable After Board's Fiduciary Duty Breach Exculpated

Section 102(b)(7) of the Delaware General Corporation Law permits a provision in a company's certificate of incorporation that exculpates directors from monetary liability for breaches of the fiduciary duty of care. By immunizing…more

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Immigration attorneys at Lane Powell are experienced in providing a full range of business-related immigration services to individuals, as well as to regional, national and international corporations…

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