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Australian insolvency law reforms aim to increase business restructuring opportunities

The Australian government is working to significantly reform Australia’s current insolvency laws by mid-2017. The reforms are intended to achieve greater likelihood of business preservation by introducing the flexibility...more

Weekly Update Newsletter - July 2016 #3

GOVERNMENT CONTRACTS - Small Business Mentor-Protégé Programs - The U.S. Small Business Administration (“SBA”) is amending its regulations to implement provisions of the Small Business Jobs Act of 2010, and the...more

Brexit: How will it impact asset and fund managers?

Following the result of the UK referendum on 23 June 2016 to leave the EU, there is still a considerable amount of uncertainty about the impact of the decision on the financial services industry, including asset and fund...more

Amendment to the Act on Criminal Liability of Legal Entities: Czech Republic

We have prepared for you below a brief description of selected changes triggered by a principal amendment to Act No. 418/2011 Collection of Laws (Sb.), on Criminal Liability of Legal Entities (“CLLE“), which was promulgated...more

A Guide to Political and Lobbying Activities

This July 2016 edition of the Guide to Political and Lobbying Activities includes updates to the section on compliance with federal, state and local pay-to-play laws applicable to government contractors as well as investment...more

Laws and Legal Reforms against Corruption Are Approved

Derived from the historic constitutional reform which created the National Anticorruption System (“SNA”) in May 2015, the Mexican Congress approved a group of laws that comprises the legal framework that will make effective...more

Congressmen Question IPO Fees

Congressman Himes (CT) and eight other members of Congress wrote to FINRA and to the Securities and Exchange Commission questioning the typical 7% gross spread in U.S. IPOs. The letter appears to have been prompted by a...more

Antitrust Matters - July 2016

Welcome to the July issue of DLA Piper's quarterly Antitrust Matters newsletter, which brings you antitrust and competition news from all around the world. While we reflect on the UK's decision to leave the European...more

Corporate and Financial Weekly Digest - Volume XI, Issue 27

BREXIT UPDATE - Nathaniel Lalone, a Financial Services partner at Katten Muchin Rosenman UK LLP, will continue to share his insight into the evolution of the relationship between the United Kingdom and European Union in...more

Brexit: Key Issues for General Counsel

On June 23rd, the UK electorate voted to leave the European Union in an advisory referendum. We expect the UK Government to commence negotiations to withdraw and to establish a framework for the UK’s new relationship with the...more

Obama Administration Issues Broad Anti-Money Laundering and Anti-Corruption Reforms, but Questions Still Remain

On May 5, 2016, the Obama Administration announced sweeping measures designed “to combat money laundering, corruption, and tax evasion.” The announcement came on the heels of the so-called “Panama Papers,” which revealed...more

What is the potential impact of Brexit on the European System of Accounts (ESA10)?

One of the key benefits of PPP has always been the 'additionality' of investment that off-balance sheet treatment can offer. However, the emergence of the European System of Accounts (ESA10) heralded a shift away from...more

What Does Brexit Mean for UK Tax?

Once the formal procedure under Article 50 of the Lisbon Treaty is initiated by the United Kingdom, the government will negotiate the terms of its exit from the European Union. Whilst we must accept that this is a period of...more

UK Corporate Briefing Summer 2016 Issue 6 - Summer 2016

The UK's EU referendum on 23 June 2016 delivered a leave result. The nature of the UK's future relationship with the EU and the timescale and details of the process for establishing that relationship remain to be seen....more

The Freedom of Information Act Amended: Process and Pitfalls

On June 30, 2016, President Obama signed into law the FOIA Improvement Act of 2016, Pub. L. No. 114-185, which made significant changes to the Freedom of Information Act, 5 U.S.C. § 552, et seq. (“FOIA”). FOIA can be a great...more

Major Tax Legislation Enacted by the Short Session of the 2015-16 General Assembly

This Alert summarizes the major tax provisions included in legislation passed by the 2015-2016 North Carolina General Assembly in its short session, which concluded earlier this month. The most widely discussed tax...more

Brexit: What if the UK Changes its Mind?

There is considerable debate over Article 50 of the Treaty on European Union (TEU or the Lisbon Treaty), which provides a mechanism for a Member State to leave the EU. The debate encompasses issues including whether, in the...more

The Oman Update - Official Gazette 1153

Sultani Decrees - Sultani Decree No. 34/2016 Upgrading the organisational level of the Department of Awqaf and Religious Affairs in the Governorate of Dhofar, Ministry of Awqaf and Religious Affairs, to a Directorate...more

Three Questions with Former Senate Majority Leader Tom Daschle (D-SD), Founder and CEO of The Daschle Group, a Public Policy...

1. As we head into a new Administration and the new Congress, what do you see as the opportunities and challenges for the Affordable Care Act? The Affordable Care Act (ACA) is much greater than a single legislative action....more

New rules on technical provisions Article published in Italian on Insurance Daily on 5 July 2016 N. 960

On June 7, IVASS (Italian Insurance Supervisory Authority) published the long-awaited Regulation no. 24/2016 relating to the investments and assets covering technical provisions....more

Brexit for Fund Managers: Time for Cool Heads

The UK electorate voted to leave the European Union (EU) in the “Brexit” referendum held on 23 June 2016. This note looks at the practical impact of a Brexit for fund managers, including possible solutions in the event that...more

Pennsylvania Revisits its Age-Old Liquor Laws

On June 8, 2016, Pennsylvania Gov. Tom Wolf signed a bill into law that will broaden the liquor laws in the state. Scheduled to go into effect in early August 2016, the bill contains something for a broad range of...more

The Oman Update - Official Gazette 1152

Ministerial Decisions - Ministry of Heritage and Culture - Ministerial Decision No. 136/2016 Determining the fees for visiting museums affiliated to the Ministry of Heritage and Culture....more

What are the Tax Consequences of BREXIT for U.S. Taxpayers?

Recently, The Harvard Law School Forum on Corporate Governance and Finance published a note titled "The Legal Consequence of Brexit, authored by Simon Witty. We have restated the transactional tax commentary here. We have...more

A Trip Through the Labyrinth – The Regulatory Man in Full

And now to return to our commentary a few weeks back about the stultifying impact of ill-thought through rules and regulations (at best) (Brexit has intervened). This is our Regulatory State which broadly attempted to pick...more

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