Read Finance & Banking Law updates, alerts, news, and legal analysis from leading lawyers and law firms:
License to travel: how regulation is benefiting business abroad
Greenberger: Derivatives Legislation Would Seriously Weaken Dodd-Frank
Bill on Bankruptcy: Lehman Test Case on Judicial Nullification
S&C's Cohen: Brown-Vitter Punishes Banks For Being Big
Cohen: Cyprus Is Not A Template For Future Restructurings
Release of new book on the 'Best Practices Under the FCPA and Bribery Act"
Buying and Selling Businesses in Today's Economy, Stephen Opler
Bill on Bankruptcy: Kodak Plan Bumps the Debt, Craters Stock
Deloitte: Turnarounds and Democracy Don't Mix
Lessons Learned from the Parker Drilling DPA and Ralph Lauren NPA
Zimmermann: Up to 20% of AmLaw 200 "Badly Weakened"
Bill on Bankruptcy: Lawyers Easily Make Simple Words Complicated
The New Normal: Taking Responsibility for Your Vendors
Raj Mahajan, Allston Trading CEO, Talks HFT and the Business of Prop Trading
Hot Topics for Waste-to-Energy Investors and Developers
Bill on Bankruptcy: Easterbrook Turns the Tide on Student Loans
Konczal: Dodd-Frank Reforms Get Roughed Up in Court
Bill on Bankruptcy: ResCap Report, a Bargain at $83 Million
Sullivan & Cromwell's M&A Hotline is Ringing
Bill on Bankruptcy: Stockton May Win the Battle, Lose the War
UPDATE: The House Permanent Select Committee on Intelligence passed the Cyber Intelligence Sharing and Protection Act (CISPA) this afternoon. The vote was 18 in favor and two (Adam Schiff (D-CA) and Jan Schakowsky (D-IL))...more
President Barack Obama issued his administration's much-anticipated executive order on cybersecurity Feb. 12, to "enhance the security and resilience of the Nation's critical infrastructure and to maintain a cyber environment...more
As announced during the 2013 State of the Union Address, President Obama recently signed an Executive Order on cybersecurity. The primary goals of the Executive Order are to (a) improve communication between private companies...more
A sweeping cyber security law is unlikely to pass any time soon. White House Cyber Security Coordinator Michael Daniel warned last week that President Obama's Executive Order on Cyber Security (EO) could result in new...more
USA: New cybersecurity framework has far-reaching effects on US economy - President Obama issued – on 12 February 2013 – the long-awaited Executive Order entitled ‘Improving Infrastructure Cybersecurity’ (the Order),...more
Under the Dome: Inside the Maine State House is a weekly update that provides a high-level overview of recent activity at the Maine State House. If you would like more specific information regarding an item in this newsletter...more
A tempting response to the Cybersecurity Executive Order (the "Order"), announced by President Obama at his State of the Union address, is to ignore it. It is vague in key particulars, such as which companies are part of the...more
On February 12, 2013, President Obama issued a long-anticipated Executive Order concerning cybersecurity entitled Improving Critical Infrastructure Cybersecurity. The Executive Order marks a major milestone in the Federal...more
The long-awaited executive order entitled “Improving Critical Infrastructure Cybersecurity” was issued on Tuesday, along with a companion Presidential Policy Directive and mention by the President in the State of the Union...more
As President Obama delivered his fifth State of the Union speech to Congress on February 12, 2013, he simultaneously issued a highly anticipated Executive Order (“the Order”) focused on improving cybersecurity in the United...more
“America must … face the rapidly growing threat from cyber-attacks. Now, we know hackers steal people’s identities and infiltrate private emails. We know foreign countries and companies swipe our corporate secrets. Now our...more
While continuing congressional inaction on the fiscal cliff is getting most of the ink/pixels in news headlines over the last couple weeks, several privacy bills have advanced in the House and Senate....more
Congress, FTC Restrict Definition of “Creditors” who must Adopt a Formal Plan to Prevent, Detect ID Theft In journalism, the adage goes, “man bites dog” is news. The regulatory equivalent should be “government amends...more
Senator John D. Rockefeller IV (D., W.Va.) recently sent a letter to the CEOs of all Fortune 500 companies asking the companies for more information about their cybersecurity practices. The letter comes a month after Senate...more
Last week we discussed the federal and state rules that apply to obtaining and using credit checks in the process of screening applicants for employment. On Thursday last week, the California Legislature approved Assembly...more
EPIC Executive Director Marc Rotenberg testified today before the House Subcommittee on Financial Institutions and Consumer Credit. EPIC highlighted several recent high-profile data breaches, including those involving the...more
In this Issue: Around the Agencies • Federal Trade Commission Report on Privacy • Department of Commerce Issues Green Paper Concerning Commercial Data Privacy New Online Marketing Law • Congress Passes the Restore...more
On Monday, September 27, 2010, Governor Schwarzenegger vetoed California Assembly Bill 482 (“AB 482”).1 AB 482 would have dramatically restricted the circumstances under which an employer could use a credit report for...more
Last year, the IRS and Switzerland’s UBS Bank hammered out a deal where UBS agreed to disclose names of 4,450 American depositors suspected of stashing the cash in their UBS accounts to avoid paying taxes, against Swiss...more
The U.S. House of Representatives approved by a voice vote on April 14 an amendment to the Gramm-Leach-Bliley Act that will provide an exemption from annual privacy notice updates for financial institutions that do not share...more
Legal assistant Fang Jingxiao in the firm's Beijing office provided valuable assistance on this article. The People’s Republic of China (“PRC”) does not possess a comprehensive legal framework to regulate the use and...more
In This Issue: *Margaret “Peggy” Hamburg Nominated to Head U.S. Food and Drug Administration *U.S. President Obama Selects Sebelius, DeParle to Lead Health Care Reform *U.S. President Obama Signs the American Recovery...more
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