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Legal Alerts

Legal Alert: SEC’s Proposed SBS Rules on Cross-Border Security-Based Swap Activities (May 22, 2015)
When the Securities and Exchange Commission (SEC) adopted final rules in June 2014 on the cross-border activities of security-based swap (SBS) dealers and major SBS participants, the SEC indicated ...
Legal Alert: Call Answered: Supreme Court to Decide if Offer of Judgment Moots TCPA Class Action and Scope of Gov’t Contractor Liability (May 21, 2015)
On May 18, the U.S. Supreme Court granted certiorari in Campbell-Ewald Co. v. Gomez,1 a Telephone Consumer Protection Act (TCPA) class action. The case raises two related questions that are the ...
Legal Alert: Supreme Court Instructs Ninth Circuit to Consider Common Law of Trusts in Applying ERISA's Statute of Limitations (May 20, 2015)
The Supreme Court has once again emphasized the importance of ERISA’s origins in the common law of trusts, this time in interpreting its statute of limitations. On May 18, the Court reversed the ...
Legal Alert: Taxpayer Wynne’s: Supreme Court Rules Maryland Personal Income Tax Violates Constitution (May 18, 2015)
This morning the U.S. Supreme Court ruled that Maryland’s personal income tax regime is unconstitutional. By failing to provide a full credit to its residents for taxes paid to other states, Maryland ...
Legal Alert: Price Optimization Update: NAIC Revises White Paper, Florida and Indiana Question Certain Practices (May 18, 2015)
“Price optimization,” a practice that uses predictive modeling and data analytics in pricing insurance products, continues to draw the attention of state regulators, consumer advocates, and class ...
Legal Alert: Wynne Court Holds That Internal Consistency Lives, Applies to Taxation of Resident (May 18, 2015)
A divided U.S. Supreme Court ruled that Maryland’s personal income tax regime is unconstitutional. Comptroller of the Treasury v. Wynne, 575 U.S. __ (2015). The Court affirmed the Maryland Court of ...
Legal Alert: Pending SEC Rules Could Bring Additional Changes to Exchange Act Registration Requirements (May 15, 2015)
In March 2015, the comment period expired for rules proposed by the Securities and Exchange Commission (the “Commission”) to implement Title V and Title VI of the Jumpstart Our Business Startups Act ...
Legal Alert: Focus On International Standards (May 13, 2015)
The influence of international standards on the direction of insurance regulation in the United States has dominated public discussion about insurance regulation during recent years. Nowhere was that ...
Legal Alert: New Temporary and Proposed Regulations Offer Welcome Clarification on Application of the Embedded Loan Rule (May 13, 2015)
On May 8, 2015, the Treasury Department and the Internal Revenue Service published temporary and proposed regulations under IRC §§ 446 and 956 (T.D. 9719; REG-102656-15), clarifying when nonperiodic ...
Legal Alert: International Design Patent Filing Option Available May 13, 2015, to U.S. Filers (May 11, 2015)
Beginning May 13, 2015, U.S. applicants will be able to file international design patent applications through the U.S. Patent and Trademark Office. In addition, U.S. design patents resulting from ...
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