Topic: Business

Employee Benefits Plans: DOL Issues Final Rule on ERISA Fee Disclosures

In early February, the Department of Labor issued its final rule regarding fee disclosures by service providers to Employee Retirement Income Security Act (ERISA) plans. For your reference, here is a roundup of legal advisories on the final rule and related regulatory developments:  DOL Finalizes ERISA Disclosure Requirements for Retirement Plan Service Providers (Sutherland Asbill… Read more »

FBI Use of Wiretaps in White Collar Investigations: A Radical Decision

From news provider Bloomberg Law, a video interview with Richard Holwell, the judge in the insider trading trial of Galleon Group co-founder Raj Rajaratnam. Holwell shares his insight on trends in white collar investigations, the growing FBI reliance on wiretaps to catch insider trading, privacy rights, and more. Rajaratnam Judge: Wiretaps in Insider Trading Cases are… Read more »

Privacy Policies: California Attorney General Signs Agreement with Mobile App Providers

On February 22, California Attorney General Kamala Harris announced a privacy agreement concerning mobile software applications with the six largest mobile application platform providers — Apple, Google, Microsoft, Amazon, Hewlett-Packard and Research In Motion. This agreement effectively creates regulatory standards for implementing privacy policies within the mobile software application industry.” (California Attorney General and Mobile… Read more »

Lawsuit Against Government of Kenya Dismissed on Sovereign Immunity Grounds

The outcome of Community Finance Group’s lawsuit against the Republic of Kenya over a failed purchase of Kenyan gold provides a valuable lesson in the challenges of conducting business with sovereign powers. From law firm Cadwalader: “The business transaction was either not papered or was papered without a waiver of sovereign immunity. Nor, apparently, did… Read more »

Compliance and the International Supply Chain

From law firm Thompson Coburn, a useful advisory on the importance of extending compliance efforts across all links in the corporate supply chain: “A failure to coordinate the compliance systems of the principal/exporter and the logistics services provider creates a substantial missed opportunity for enhancing compliance and invites liability that can be easily avoided.” Read… Read more »

Obama Health Care Reform: How Will The Supreme Court Rule? What Implications?

From Is that Legal?: Later this month, the US Supreme Court will hear oral arguments in U.S. Department of Health and Human Services v. Florida, the lawsuit chosen to give the Court an opportunity to rule on the constitutionality of the Patient Protection and Affordable Care Act. Here are three interesting… Read on: Obama Health… Read more »

China Law Roundup: Trade Matters, Merger Review, Anti-Monopoly Law, Data Privacy, & More

For your reference, a roundup of recent China-focused advisories from leading global law firms, covering a broad range of corporate issues: China Loses Raw Materials Case In World Trade Organization’s Appellate Body; Possible Implications For China’s Rare Earth Metals Quotas (King & Spalding) “The World Trade Organization (‘WTO’) Appellate Body found that China’s export restrictions… Read more »

Most Popular Corporate Law Posts – Feb 2012

For your reading pleasure, here’s a roundup of the most-read Corporate Law posts over the past month: human trafficking, HIPAA compliance, FATCA regulations, fracking, conflict minerals and more.  1. California Transparency in Supply Chains Act Takes Effect January 1, 2012 “The California Transparency in Supply Chains Act of 2010 goes into effect on January 1,… Read more »

EB-5 Visas: USCIS Streamlines Process to Speed Up Foreign Investment in US [Video]

About 10,000 EB-5 visas are made available each year to foreign entrepreneurs and investors who invest in the United States. The requirements? Meet the investment threshold, create at least 10 American jobs, generate a return on capital, and use only legitimately earned money. From law firm Allen Matkins a look at the EB-5 visa and… Read more »

California Law: Mobile App Privacy Protections, Benefit Corporations, “Trial by Formula,” Revolutionary Clean Car Standards, & More

For your reference, a roundup of recent commentary on legal developments in The Golden State: On consumer privacy… California Attorney General and Mobile Platform Providers Agree to Require Mobile Software Application Developers to Implement Privacy Policies (Kilpatrick Townsend & Stockton LLP) “On February 22, California Attorney General Kamala Harris announced a privacy agreement concerning mobile… Read more »

Corporate Crime Roundup: Price-Fixing, Antitrust Violations, Insider Trading, Tax Fraud & More

For reference, a roundup of recent legal commentary and analysis: Five Major Freight Forwarding Companies Debarred by U.S. Government (King & Spalding) “Five freight forwarders who have performed significant work for the U.S. Government and Government contractors have been added to the Excluded Party List System (EPLS), meaning that they have been debarred from U.S.… Read more »

International Law: India Supreme Court Ruling, Data Privacy in China, Russia Update, & More

For your reference, here’s a roundup of recent legal developments affecting US corporations and financial institutions doing business around the globe: Supreme Court of India’s Vodafone Judgment: Implications for International Investors (White & Case LLP) “On January 20, 2012, the Supreme Court of India delivered a landmark judgment in Vodafone International B.V. v. Union of… Read more »

CMS Issues Proposed 60-Day Rule on Return of Medicare Overpayments

On February 14, 2012, the Centers for Medicare & Medicaid Services released a proposed rule regarding reporting and returning overpayments under the Medicare program. Under the new regulation, hospitals and doctors who receive Medicare funds would be required to report and return overpayments within 60 days or face significant damages and penalties.  For your reference,… Read more »

Compliance Roundup: Company Policies, SFO Convictions, Criminal Intent, Language Barriers, & More

For your reference, here’s a roundup of recent law firm commentary on key issues facing global corporations in their ongoing fight against corruption and bribery: Compliance Rules for Compliance Sakes? (Michael Volkov)  “A strict policy without any rational justification is a costly policy. Too many companies simply adopt a flat amount for certain expenditures above… Read more »