Morgan Lewis

1701 Market Street
Phladelphia, PA 19103-2921, United States

  • 215.963.5000
  • 215.963.5001

SEC Targets Corporate Insiders for Failing to Promptly Disclose Stock Transactions

The Commission has announced an unprecedented enforcement initiative against officers, directors, and major stockholders for violating beneficial ownership reporting requirements and against public companies for their roles in…more
| Commercial Law & Contracts, Finance & Banking, Securities Law

PCAOB Urges Audit Committee Scrutiny of Revenue Recognition

The PCAOB recently issued Staff Audit Practice Alert No. 12, which outlines significant audit deficiencies relating to revenue that PCAOB inspections have identified…more
| Commercial Law & Contracts, Finance & Banking

DOS Visa Office Provides Update on EB-2 India Visa Demand and Priority Date Cutoff

New updates and projections regarding demand in the employment-based second preference immigrant visa category for individuals chargeable to India have been provided…more
| Labor & Employment Law, Immigration Law

French High Court Rules on Parent Companies’ Liability to Subsidiaries’ Employees

The court provides guidance on liability if a subsidiary goes bankrupt because of the misconduct and careless management of its parent company…more
| Civil Remedies, Commercial Law & Contracts, Labor & Employment Law

Medical Device Manufacturer Settles Trade Agreements Act Suit

A whistleblower alleged that the manufacturer knowingly violated the Trade Agreements Act’s country of origin requirement. Government contractors must agree that the products they sell to the U.S. government under…more
| Health, International Law & Trade, Government Contracting

Department of State Releases October 2014 Visa Bulletin

The bulletin shows slight forward movement in all employment-based preference categories, with the exception of the EB-2 India category, which will remain unchanged…more
| Labor & Employment Law, Immigration Law

New Credit Rating Agency Rules Offer Insight into Public Company Internal Controls

The SEC has adopted credit rating agency rules for Nationally Recognized Statistical Rating Organizations (NRSROs), which include requirements relating to NRSROs’ internal controls. The Dodd-Frank Act requires NRSROs to…more
| Finance & Banking, Securities Law

Pennsylvania Does Not Recognize Duty to Warn an Employee’s Spouse

District court predicts that Pennsylvania will not recognize a duty to protect or warn the spouse of an employee in “take home” or “household” asbestos exposure cases. On August 26, Judge Eduardo C. Robreno of the U.S…more
| Civil Procedure, Labor & Employment Law, Products Liability

FASB Defines Management’s Going Concern Assessment and Disclosure Responsibilities

A new FASB standard should diminish the current diversity in disclosures regarding substantial doubt about an entity’s ability to continue as a going concern, which has been caused, in part, by the absence of any GAAP in this…more
| Commercial Law & Contracts, Finance & Banking, Securities Law

Shared Parental Leave: Steps for UK Employers

UK employers have four months to prepare for the Shared Parental Leave Regulations coming into force. The UK’s Shared Parental Leave Regulations 2014 (the Regulations) are due to take effect on 1 December 2014. Shared…more
| Civil Rights, Labor & Employment Law

Federal Agencies Cannot Be Fined for Reliability Standard Violations

The D.C. Circuit concluded that sovereign immunity prevents FERC and NERC from imposing monetary penalties on federal agencies that violate Reliability Standards…more
| Administrative Law, Civil Procedure, Energy & Utilities

New Kazakhstan Permits and Notifications Law

The provisions that relate to permits and licenses were recently consolidated into one legislative act. In November 2014, the Permits and Notifications Law of 16 May 2014 (the New Law) will take effect in Kazakhstan. To…more
| Civil Procedure, Commercial Law & Contracts, Labor & Employment Law, Zoning, Planning & Land Use, International Law & Trade

Kazakhstan’s Law on Legalisation of Property

Legalisation allows release from liability and legitimises the turnover of property. The Law on Amnesty of Kazakhstan Citizens, Repatriates (Oralmans), and Individuals Having Kazakhstan Permanent Residence Permit in…more
| Commercial Law & Contracts, Criminal Law, Finance & Banking, Immigration Law, International Law & Trade

Draft Amendments to the Kazakhstan Tax Code

The proposed amendments will affect dividends, capital gains, and VAT. A draft law amending the Kazakhstan Tax Code was introduced in July 2014 (the Draft Law). Currently, the Draft Law is being considered by business and…more
| International Law & Trade, Taxation

Medical Device Update: FDA Issues Draft Guidance on Streamlined De Novo Classification Process

On August 14, the Food and Drug Administration (FDA) issued a draft guidance titled “De Novo Classification Process (Evaluation of Automatic Class III Designation).” The draft provides guidance on a streamlined process for…more
| Administrative Law, Health, Science, Computers, & Technology
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Areas of Practice
  • Administrative Law
  • Alternative Dispute Resolution (ADR)
  • Antitrust & Trade Regulation
  • Appellate Practice
  • Bankruptcy
  • Business Organizations
  • Civil Rights
  • Class Action
  • Commercial Law & Contracts
  • Communications & Media Law
  • Constitutional Law
  • Debtor/Creditor
  • Elections & Politics
  • Energy & Utilities
  • Environmental Law
  • Finance & Banking
  • Government
  • Health
  • Immigration Law
  • Insurance
  • Intellectual Property
  • International Law & Trade
  • Labor & Employment Law
  • Litigation
  • Mergers & Acquisitions
  • Privacy
  • Products Liability
  • Real Estate
  • Securities Law
  • Taxation
  • Toxic Torts
See more
Locations
Other U.S. Locations
  • California
  • D.C.
  • Delaware
  • Florida
  • Illinois
  • Massachusetts
  • New Jersey
  • New York
  • Pennsylvania
  • Texas
Other Countries
  • Belgium
  • China
  • France
  • Germany
  • Japan
  • Kazakhstan
  • Russia
  • United Kingdom
Number of Attorneys

1,000+ Attorneys

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