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News & Analysis as of May 22, 2013

Insurance Coverage for Class Action Lawsuits

by Judy Selby | BakerHostetler on 4/19/2013

Upon learning that his obituary had been published in the New York Times, Mark Twain famously quipped, “Reports of my death have been greatly exaggerated.” The same can be said about class action lawsuit filings after the...more

Legislative Update Report No. 2013-05 - Mar 8, 2013

by Osler, Hoskin & Harcourt LLP on 3/8/2013

In This Article: Federal Government; Alberta; British Columbia; Manitoba; New Brunswick; Newfoundland; Northwest Territories; Nova Scotia; Nunavut; Ontario; Prince Edward Island; Québec/Quebec; Saskatchewan; and Yukon...more

New Rules Coming into Effect Affect Retirement Plans Entering into Swaps

by King & Spalding on 2/5/2013

New rules affecting ERISA-covered retirement plans entering into swap transactions will come into effect in May 2013. These rules, known as the “Business Conduct Standards,” implement certain provisions of the Dodd-Frank...more

District Court Declines to Hold Private Equity Funds Liable for Portfolio Company Withdrawal Liability

by King & Spalding on 2/5/2013

In Sun Capital Partners III, LP v. New England Teamsters and Trucking Industry Pension Fund, a U.S. district court in Massachusetts held that investment funds managed by private equity firm Sun Capital Advisors, Inc. (“Sun...more

Business News Digest – November 2012

by Venable LLP on 12/1/2012

In this issue: - SEC Releases Guidance on Shareholder Proposals - Health Care Reform: Large Employers and the New Health Insurance Exchanges - Private Exchanges: You Have Questions, We Have...more

IRS Issues Guidance on the Deduction Limitation of Code Section 162(m)(6)

by Sutherland Asbill & Brennan LLP on 12/29/2010

On December 23, 2010, the Internal Revenue Service issued Notice 2011-2, providing long-awaited guidance on the application of Internal Revenue Code (Code) section 162(m)(6) as added by the Patient Protection and Affordable...more

Financial Regulators Set Out To Get Their Man: Federally Mandated Bounties and Anti-Retaliation Provisions Designed to Regulate...

by Reed Smith on 10/22/2010

President Barack Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank" or the "Act") into law on July 21, 2010, with the objective of ushering in a new era of financial regulation and...more

Supreme Court Holds that ERISA Does Not Impose “Prevailing Party” Requirement for Award of Attorneys’ Fees

by Sutherland Asbill & Brennan LLP on 5/24/2010

The U.S. Supreme Court ruled today in Hardt v. Reliance Standard Life Insurance Company, Case. No 09-448 (May 24, 2010), that the Employee Retirement Income Security Act of 1974 (ERISA) does not impose a “prevailing party”...more

Lang Michener InBrief Spring 2009

by Lang Michener LLP on 4/1/2009

In This Issue LAW NOTES discuss a number of topics including the fiduciary duty of directors, shareholder approval and new Internet domains that can be used to provide customers, colleagues and family with...more