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click to watch Videocast: Focus on Russian Sanctions
Videocast: Focus on Russian Sanctions
On October 17, the Delaware Supreme Court held that JP Morgan (JPM) terminated its security interest in all of the collateral provided by General Motors (GM) in support of a $1.5 billion loan, despite neither party intending that result, when it authorized the filing of a termination statement to its existing Uniform Commercial Code (UCC) financing statement. The Delaware Supreme Court stated that under Delaware law, the UCC requires only that a secured party authorize the filing of an amendment or termination statement, not that it otherwise understand the intent or the effect of such a filing. ... more

Legal Alerts
Legal Alert: IRS and DOL Issue Favorable Guidance on Lifetime Income Provided Through Target Date Funds in Retirement Plans October 28, 2014
On October 23 and 24, the Internal Revenue Service (IRS) and the Department of Labor (DOL) issued coordinated guidance on lifetime income provided through target date funds held by retirement plans. ...
Pieridae Energy Files DOE Application to Export Gas Through Canada to FTA and Non-FTA Nations October 29, 2014
Pieridae Energy (USA) Ltd (Pieridae) has filed an application with the U.S. Department of Energy (DOE) to export to Canada up to 292 Bcf/year over 20 years on the Maritimes & Northeast US Pipeline ...
In the News
Tennessee DOR Deems Cloud Call Management Software a Telecom Service October 22, 2014
Partner Eric Tresh is quoted in a State Tax Today article regarding the Tennessee Department of Revenue’s decision that a technology company’s cloud-based service is subject to the state's sales tax. ...
Press Releases
Benchmark Litigation Recognizes Nine Sutherland Partners, Insurance Practice October 22, 2014
ATLANTA, HOUSTON and WASHINGTON—Sutherland Asbill & Brennan LLP is pleased to announce that nine of its litigators have been recognized by Benchmark Litigation, a guide to America's leading business ...

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click to watch Videocast: Focus on Russian Sanctions
Videocast: Focus on Russian Sanctions
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