International Law & Trade, Finance & Banking, Constitutional Law

Supreme Court Settles Fifth Amendment Required Records Issue in Context of Offshore Bank Accounts

by Jay Nanavati | BakerHostetler on 5/21/2013

On May 13, 2013, the Supreme Court denied a taxpayer’s petition for certiorari regarding the Seventh Circuit’s August 27, 2012, decision applying the Required Records Exception to override the taxpayer’s Fifth Amendment...more

Cohen: Cyprus Is Not A Template For Future Restructurings [Video]

by Bloomberg Law on 5/3/2013

May 3 (Bloomberg Law) -- Rodge Cohen, partner at Sullivan & Cromwell, tells Bloomberg Law's Lee Pacchia why the recent bailout of Cyprus's banking sector was a unique situation and not necessarily a template for dealing with...more

Cyprus: To Litigate or Not to Litigate?

by Pavlos Aristodemou | Harney Westwood & Riegels on 4/17/2013

Harneys’ Cyprus Banking Group is closely monitoring a legal challenge to the bail-out legislation which is currently before the Cyprus courts....more

Eleventh Circuit Holds that Production of Foreign Bank Account Records May be Compelled in Criminal Investigation Under Required...

by Nicholas J. Nastasi, Matthew Smith | Saul Ewing LLP on 3/25/2013

The Eleventh Circuit recently joined the Fifth, Seventh, and Ninth Circuits in holding that subpoenaed foreign financial records properly fall within the Required Records Exception to the Fifth Amendment privilege against...more

White Collar Watch - March 2013

by Andrea P. Brockway, Brett S. Covington, Christopher R. Hall, Nicholas J. Nastasi, Gregory G. Schwab, Brian Simons, Matthew Smith | Saul Ewing LLP on 3/22/2013

In This Issue: - Eleventh Circuit Holds that Production of Foreign Bank Account Records May be Compelled in Criminal Investigation Under Required Records Exception to Fifth Amendment Privilege - Supreme Court...more

Credit Crunch Digest -- February 2013

by Jennifer Quinn Broda, Ryan Chapoteau, Matthew Ferguson, Todd McCormick, Thomas R. Orofino, Eric C. Scheiner | Sedgwick LLP on 2/28/2013

This issue of the Credit Crunch Digest focuses on fines against Royal Bank of Scotland for alleged Libor rate rigging; the Department of Justice’s lawsuit against Standard & Poors; developments in a mortgage-backed securities...more

The United States Court of Appeals for the Second Circuit Rejects Aiding and Abetting Liability for Civil Damage Claims Under the...

by Linda Goldstein | Dechert LLP on 2/20/2013

The United States Court of Appeals for the Second Circuit issued an opinion on February 14, 2013, holding that the civil liability provision of the Anti-Terrorism Act of 1990, 18 U.S.C.§ 2333(a) (the “ATA”) does not permit...more

This Week in Washington - January 25, 2013

by Patton Boggs LLP on 2/1/2013

In This Issue: - DOMESTIC POLICY MATTERS - Inauguration. After being officially sworn in to a second term at the White House on Sunday, January 20, as prescribed by law, President Barack Obama and Vice...more

This Week in Washington - January 18, 2013

by Patton Boggs LLP on 1/24/2013

In This Issue: - DOMESTIC POLICY MATTERS - Debt Ceiling, Budget & the Economy. During a press conference on the debt ceiling at the White House on Monday, President Obama warned Republicans in Congress that...more

SEC Files Brief in Lawsuit Challenging Extractive Industry Transparency Rule

by Amy Lehr | Foley Hoag LLP - Corporate Social... on 1/10/2013

On January 2, the Securities and Exchange Commission (“SEC”) filed its brief (.pdf) in the lawsuit brought by the U.S. Chamber of Commerce, the American Petroleum Institute (“API”), the National Foreign Trade Council, and the...more

This Week in Washington - September 28, 2012

by Patton Boggs LLP on 10/2/2012

In This Issue: - DOMESTIC POLICY MATTERS - Budget. On Saturday, the Senate approved the Fiscal Year 2013 (FY13) Continuing Resolution (CR), which now awaits the President's signature. The CR makes continuing...more

Borrowing Money From A Foreign Government May Make You A Subversive Organization In California

by Allen Matkins Leck Gamble Mallory & Natsis... on 8/20/2012

In 1941, Robert Noble, Ellis O. Jones and several other individuals were indicted for violating California’s Subversive Organization Registration Law. The defendants were active in a pro-German group called the Friends of...more

Redemptions in kind – the end of the road for in specie distributions?

by Harney Westwood & Riegels on 8/6/2012

In the recent case of Re FIA Leveraged Fund the Grand Court considered whether an in specie distribution properly discharged the Fund’s liability to redeeming investors. Rather like the recent Weavering decision, the...more

Foreign Investments: Iran Investment Bill Well-Intentioned, But Unconstitutional

by Barger & Wolen on 7/23/2012

Sam Sorich and Larry Golub authored an article in the Insurance Journal discussing AB 2160, legislation that would prevent insurers from counting investments connected to the Iran's energy industry toward meeting their...more

CFTC Proposes Guidance on the Cross-Border Impact of Dodd-Frank’s Swap Regulations

by Skadden, Arps, Slate, Meagher & Flom LLP on 7/16/2012

For nearly two years, swap market participants have wanted to know how the Commodity Futures Trading Commission (CFTC) would interpret the extraterritorial reach of the Dodd-Frank Wall Street Reform and Consumer Protection...more

This Week in Washington - April 6, 2012

by Patton Boggs LLP on 4/13/2012

In This Issue: - DOMESTIC POLICY MATTERS Congress is in recess, returning April 16th. Late last week, newly-appointed Senate Parliamentarian Elizabeth MacDonough released a procedural opinion that last summer’s...more

No Fifth Amendment Privilege For Offshore Banking Records

by Charles (Chuck) Rubin on 8/25/2011

Under the Fifth Amendment to the U.S. Constitution, a taxpayer may refuse to answer specific questions or produce specific records if it would violate his or her privilege against self-incrimination. In a recent appellate...more

The consequences of the dissolution of the Netherlands Antilles

by bouke boersma on 10/10/2010

The Netherlands Antilles dissolved on October 10, 2010. Curaçao and St. Maarten have become independent countries within the Kingdom of the Netherlands, while Bonaire, St. Eustatius and Saba have become part of the...more

Home

Legal News

Find a Lawyer

Browse Subjects

Subscribe

Pro Services

For Reporters

International Law & Trade › Finance & Banking › Constitutional Law

Supreme Court Settles Fifth Amendment Required Records Issue in Context of Offshore Bank Accounts

Cohen: Cyprus Is Not A Template For Future Restructurings [Video]

Cyprus: To Litigate or Not to Litigate?

Eleventh Circuit Holds that Production of Foreign Bank Account Records May be Compelled in Criminal Investigation Under Required...

White Collar Watch - March 2013

Credit Crunch Digest -- February 2013

The United States Court of Appeals for the Second Circuit Rejects Aiding and Abetting Liability for Civil Damage Claims Under the...

This Week in Washington - January 25, 2013

This Week in Washington - January 18, 2013

SEC Files Brief in Lawsuit Challenging Extractive Industry Transparency Rule

This Week in Washington - September 28, 2012

Borrowing Money From A Foreign Government May Make You A Subversive Organization In California

Redemptions in kind – the end of the road for in specie distributions?

Foreign Investments: Iran Investment Bill Well-Intentioned, But Unconstitutional

CFTC Proposes Guidance on the Cross-Border Impact of Dodd-Frank’s Swap Regulations

This Week in Washington - April 6, 2012

No Fifth Amendment Privilege For Offshore Banking Records

The consequences of the dissolution of the Netherlands Antilles

Cohen: Cyprus Is Not A Template For Future Restructurings [Video]

Expand Your Reach