Monthly Archives: February 2013

Recent Lawsuits Outline Rules for Prosecuting Foreign Nationals Under the FCPA

“The [Straub] decision … highlights the very broad reach sought by US authorities for the FCPA, and the risk that foreign national executives may find themselves facing FCPA enforcement actions in the United States based on minimal contacts with the United States, including their use of electronic communications services based in or routed through the… Read more »

[Video] Corporate Law Report – On Workplace Issues

Our latest video news report focuses entirely on latest law firm advisories to do with hiring, firing, managing, and other workplace issues. You know the drill: Watch the video overview above and, for any topics that interest you, go deeper with the legal analysis and commentary below>> The 2012 Global Employer: Highlights of Littler’s Fifth… Read more »

Doing Business in China: Need-to-Know from JD Supra

From online privacy, to revised labor laws, to health care considerations, and more … here’s a roundup of recent legal advisories covering a broad range of issues on doing business in the People’s Republic of China. For your reference: Privacy in China: New Rule to Protect Personal Information (Dechert LLP): “The Standing Committee of the… Read more »

FTC Issues Favorable Opinion for Clinical Integration Program

In its first advisory opinion letter issued since implementation began on the Affordable Care Act, the Federal Trade Commission indicated that it would not challenge a proposal from the Norman Physician Hospital Organization (PHO) to form a clinical integration program (CIP). For your reference, a roundup of legal commentary and analysis on the FTC opinion.… Read more »

What Companies Should Do Now in Response to President Obama’s Cybersecurity Order [VIDEO]

[Link: How to Respond to President Obama’s Cybersecurity Executive Order] “Cybersecurity” is now front-and-center, thanks to Barack Obama’s executive order on the matter; but the president’s framework will take months to implement. In the meantime, what can business leaders do today to respond to the call for a framework to protect the nation’s critical infrastructure… Read more »

Preparing your 2012 Annual Report? Read This First…

From the attorneys at Skadden Arps, a comprehensive overview of corporate governance and disclosure matters that public companies should consider as they prepare their annual and other reports for this year’s proxy season. It’s our latest corporate law need-to-know. Here’s a preview: “Based on the insights gleaned from the 2012 proxy season, we have a… Read more »

Cybersecurity and Data Protection in Europe: Latest Need-to-Know

“The European Network and Information Security Agency’s recent report on the cyber threat landscape highlights the vulnerability of network information system technologies, such as cloud computing and associated big data sets, where the concentration of vast amounts of data in few logical locations makes it an attractive target for cyber threat agents.” Do business in… Read more »

Mortgage Servicers Take Heed: The CFPB Has New Rules for How You Do Business

[Video: A New World for Mortgage Banking – What You Need to Know About the CFPB’s Final Mortgage Servicing Rules – Pepper Hamilton LLP] The Consumer Financial Protection Bureau recently issued two rules that are going to change the way mortgage service companies do business: the 2013 RESPA Servicing Final Rule, an amendment to Regulation X… Read more »

[Video] Corporate Law Report: News to Use… Now

Happy Valentine’s Day, and welcome to the latest edition of the Corporate Law Report. You know what to do: Watch the video overview above and, for any topics that interest you, go deeper with the legal analysis and commentary below>> Latest Need-to-Know… H-1Bs for FY 2014 – Fowler White Boggs P.A. Petitioners File Opening Brief… Read more »

Obama Signs Cybersecurity Executive Order to Protect Nation’s “Critical Infrastructure”

“This Executive Order will begin a multi-year legislative and regulatory process that will result in new cybersecurity regulations, information sharing channels and changes in cyber liability for critical infrastructure and government contractors. These changes will create a number of opportunities and risks for companies in a wide range of private sector companies.” (Holland & Knight)… Read more »

FTC Proposes New Rules on Withdrawal of Hart-Scott-Rodino Merger Notifications

On February 1, 2013, the Federal Trade Commission published a proposed rule that would formalize procedures for the withdrawal of merger notifications under the Hart-Scott-Rodino Act. The changes are intended to both codify existing practices, and free up agency resources that would otherwise be spent investigating transactions that are no longer being pursued. But not… Read more »

California Court: Online Retailers May Ask for Personal Info

Earlier this month, the California Supreme Court handed down a ruling that gives online retailers plenty to sing about. The background, from Anthony Schoenberg and Stephanie Skaff of law firm Farella Braun + Martel: “Attempting to strike a balance between the competing concerns of privacy and fraud protection, the California Supreme Court ruled yesterday that… Read more »

Sanctions Update: Public Companies Must Disclose Iran-Related Activities In SEC Reports

One of the key provisions in the Iran Threat Reduction and Syria Human Rights Act of 2012 is a new SEC reporting requirement regarding certain Iran-related activities. From law firm Loeb & Loeb: “Beginning February 6, 2013, public companies must disclose in annual or quarterly reports to the Securities and Exchange Commission whether the companies… Read more »

Financial Regulatory Agencies Issue Rule on Appraising “High-Risk” Mortgages

In mid-January, federal regulators published a final rule implementing new appraisal requirements for higher-priced mortgage loans. The new regulation, – authored by the Federal Reserve, the Consumer Financial Protection Bureau, the Federal Deposit Insurance Corporation, the Federal Housing Finance Agency, the National Credit Union Administration, and the Office of the Comptroller of the Currency –… Read more »