Morgan Lewis

Fifth Circuit Holds Deferred Compensation Plan Is Governed by ERISA

The decision details important implications for employers that use deferred compensation arrangements…more

7/24/2014 | Civil Procedure, Commercial Law & Contracts, Labor & Employment Law, Finance & Banking

AIFMD: Renewed Focus on Its Impact on Non-EU Managers of Private Funds

Although AIFMD took effect in key EU member states in 2013, in practice, its one-year grace period largely gave managers of alternative investment funds an opportunity to postpone compliance until 22 July 2014…more

7/23/2014 | Commercial Law & Contracts, Finance & Banking, International Law & Trade, Securities Law

PCAOB Focuses on Cybersecurity at Standing Advisory Group Meeting

Panelists at the PCAOB’s June 25 Standing Advisory Group Meeting discussed cybersecurity and the potential implications for financial reporting and auditing. Some of the highlights from the panel include the following..…more

7/23/2014 | Commercial Law & Contracts, Finance & Banking, Privacy, Securities Law

Medical Device Update: FDA Medical Device Guidances Issued in 2014’s Second Quarter

In recent months, the Food and Drug Administration’s (FDA’s) Center for Devices and Radiological Health (CDRH) has issued draft and final guidance documents at a relatively fast pace. To assist interested parties, we have…more

7/23/2014 | Administrative Law, Consumer Protection, Science, Computers, & Technology

New Kazakhstan Law on Trade Unions and Amendments to the Labour Code

Under the new law, trade unions are limited and monitored. New Law No. 211-V of the Republic of Kazakhstan on Trade Unions, dated 27 June 2014, (the Law) has been adopted in Kazakhstan. The Law came into force on 11 July…more

7/23/2014 | Labor & Employment Law, International Law & Trade

FERC Proposes to Approve NERC Physical Security Standard

In proposing to approve NERC’s new Physical Security Reliability Standard, FERC also seeks the ability to identify facilities that must be protected…more

7/22/2014 | Energy & Utilities

FSIS Proposes New Recordkeeping Requirements for Ground Beef Processors/Retailers

The proposal, if adopted, will require new recordkeeping by both processing establishments and retail facilities that grind raw beef products…more

7/18/2014 | Administrative Law, Commercial Law & Contracts, Consumer Protection

EEOC Issues Pregnancy Discrimination Enforcement Guidance

The guidance was issued over steep objection from two commission members and raises questions about its statutory authority and timing…more

7/17/2014 | Civil Rights, Labor & Employment Law

FASB Works on Projects to Help Investors and Preparers

The FASB has a number of projects on its agenda that are intended to enhance the usefulness of financial statements for investors and to simplify the statements’ preparation. Among the projects are the following..…more

7/15/2014 | Finance & Banking

Department of State Releases August 2014 Visa Bulletin

The bulletin shows minor advancement in the EB-2 category for applicants chargeable to India and China as well as significant advancement in the EB-3 category for applicants chargeable to China and the Philippines, minor…more

7/15/2014 | Labor & Employment Law, Immigration Law

Texas Supreme Court Rules on Spoliation Instructions

The court holds that, with rare exception, intent is required for spoliation instructions in Texas. On July 3, the Texas Supreme Court issued its ruling in Brookshire Brothers, Ltd. v. Aldridge, holding, with a narrow…more

7/10/2014 | Civil Procedure, Civil Remedies

Florida’s Strict New Data Breach Notification Law Takes Effect

The new law sets up one of the most robust data protection regimes in the United States and is relevant to any business that collects personal information nationwide…more

7/9/2014 | Commercial Law & Contracts, Consumer Protection, Privacy, Science, Computers, & Technology

European Account Preservation Orders: A New Method for Debt Recovery

The European Union has introduced a new procedure to facilitate cross-border debt recovery, which aims to preserve funds and recover bad debt…more

7/9/2014 | Civil Procedure, Civil Remedies, Finance & Banking, International Law & Trade

FCA Brings Greater Clarity and Rigour to UK’s “Soft Commission” Regime

Changes to the use of dealing commission rules, including a ban on “softing” of corporate access services, reflect the FCA’s continuing objective to ensure that investment managers control the costs that they pass on to their…more

7/9/2014 | Commercial Law & Contracts, Finance & Banking, Securities Law

PCAOB Standard-Setting Agenda Offers Insight into Rulemaking Activities

The Office of the Chief Auditor of the PCAOB issued an updated standard-setting agenda, providing the expected timing and key milestones for various PCAOB rulemaking projects. Some of the highlights from the agenda, which was…more

7/9/2014 | Administrative Law, Commercial Law & Contracts, Finance & Banking