Finance & Banking

Read Energy & Utilities Law updates, alerts, news, and legal analysis from leading lawyers and law firms:

News & Analysis as of May 22, 2013

CFTC To Investigate EFS Trades In Energy And Metal Markets

by Elan Mendel | Shipkevich PLLC on 5/15/2013

The Commodity Futures Trading Commision (CFTC) is investigating a large number of trades in energy and metal markets to determine whether traders illegally used over-the-counter swaps markets to trade futures....more

Wire Stripping: What is Old is New Again

by Joseph D. Gustavus, Jeffrey Richardson | Miller Canfield on 1/29/2013

Recently, Standard Chartered Bank (SCB) was in the news again for stripping original wire details so that payments would go undetected by the U.S. Department of Treasury's Office of Foreign Assets Control (OFAC)....more

ANTI-CORRUPTION COMPLIANCE: DRILLING DOWN ON DOCUMENTATION

by Michael Volkov on 1/17/2012

A key, but often overlooked, part of any anti-corruption compliance program is the need to document decisions made by the company. Documentation is critical to demonstrate the company's intent -- the absence of criminal...more

Canada Lifts Most Economic Sanctions Against Libya

by John Boscariol on 9/26/2011

On September 23, 2011, Canada amended its Libyan sanctions regime to implement recent steps taken by the United Nations Security Council significantly relaxing measures imposed against Libya. Canadian companies should be...more

August 30, 2011 - The OFAC SDN Sanctions Legal News

by McNabb Associates, P.C. on 8/30/2011

The OFAC SDN Sanctions Legal News discusses current OFAC SDN issues written by a OFAC SDN Removal Lawyer....more

August 18, 2011 - The OFAC SDN Sanctions Legal News

by McNabb Associates, P.C. on 8/18/2011

The OFAC SDN Sanctions Legal News discusses current OFAC SDN issues written by a OFAC SDN Removal Lawyer....more

Misrepresentation of Lehman Guaranty Supports Securities Claim

by Katten Muchin Rosenman LLP on 8/18/2010

An investment company’s representation that certain energy bonds were backed by the State of Georgia—when they were in fact guarantied by Lehman Brothers Holdings, Inc.—could subject the firm to liability for securities...more