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21 May 2024, 9:01 pm
Key Takeaway Unlike the 2016 rules, the Final Rule does not contain a specific, representation-based exception from fiduciary advice for interactions with sophisticated counterparties like other advice fiduciaries. [read post]
21 May 2024, 5:55 am
”[19] In addition to Meta and OpenAI, other AI companies such as Google[20] and Nvidia[21] have also refrained from disclosing their training datasets and their content over time. [read post]
20 May 2024, 8:03 pm
ASIC submitted the Notification Clause was unfair within the meaning of ss 12BF(1)(a) and 12BG(1) of the Australian Securities and Investments Commission Act 2001 (Cth) (ASIC Act) on the basis that it: imposed an unclear disclosure obligation on the insured; suggested that Auto & General had a broader right to refuse or reduce claims than permitted under the ASIC Act; and was liable to mislead or confuse insureds as to their rights and obligations under the contract. [read post]
20 May 2024, 4:26 am
Schecter, as recently affirmed by the First Department: “[T]he signed, amended, and restated limited partnership agreement that is dated as of October 1 of 2016 [] does utterly refute the claims that are in this complaint in every regard. [read post]
19 May 2024, 9:05 pm
Jun 20, 2023 | Chevron’s Watery Grave? [read post]
19 May 2024, 9:01 pm
On May 1, 2024, the IRS and the Department of the Treasury issued Rev. [read post]
19 May 2024, 4:01 am
Canada, 2022 FCA 20; 2024 SCC 12 (40153) This appeal concerned whether the Blood Tribe’s TLE (treaty land entitlement) claim is barred by the six-year limitation period in Alberta’s Limitation of Actions Act. [read post]
17 May 2024, 4:43 am
As neither House of Parliament has raised an objection by 17 May 2024,[1] the way seems to be paved for the Government’s ambitious plans to have the HCCH 2019 Judgments Convention[2] implemented and ratified by the end of June 2024.[3] For the first time since the withdrawal of the United Kingdom from the European Union (so-called Brexit) on 31 January 2020, a general multilateral instrument would thus once again be put in place to govern the mutual recognition and enforcement of… [read post]
16 May 2024, 12:11 pm
If the case does not settle, the court is likely to grapple with the issue of valuation of the damaged pieces. [read post]
15 May 2024, 9:05 pm
Figure 1: Execution and Clearing As illustrated, clearing a derivative may create four (rather than just two) financial relationships: (i) obligations between Counterparty A and FCM 1, (ii) obligations between FCM 1 and the clearinghouse, (iii) obligations between the clearinghouse and FCM 2, and (iv) obligations between FCM 2 and Counterparty B. [read post]
15 May 2024, 9:01 pm
But what sort of tone does that response set at the firm? [read post]
13 May 2024, 6:00 am
VENTURA, JJ. 2021-06071 (Index No. 521512/20) [*1]In the Matter of Emilena Rosa, appellant, vNew York City Employees' Retirement System, respondent. [read post]
13 May 2024, 6:00 am
VENTURA, JJ. 2021-06071 (Index No. 521512/20) [*1]In the Matter of Emilena Rosa, appellant, vNew York City Employees' Retirement System, respondent. [read post]
12 May 2024, 9:01 pm
In 2023, Florida enacted FL HB 3, a law entitled “Government and Corporate Activism” that became effective on July 1, 2023. [read post]
9 May 2024, 2:00 pm
Our corporation is seeking an attorney in your state who can represent us in a license infringement matter by a business partner of the corporation. [read post]
8 May 2024, 5:51 pm
Does that align with your view of the market? [read post]
8 May 2024, 2:26 pm
”[3] Thus, in some cases retirement funds will need to last 20-25 years. [read post]
8 May 2024, 6:00 am
" The amended complaint is not a model of clarity or concision, and it does not confine itself to legal argument. [read post]
8 May 2024, 6:00 am
" The amended complaint is not a model of clarity or concision, and it does not confine itself to legal argument. [read post]
7 May 2024, 10:47 am
In 2022, Governor Gavin Newsom signed AB 195 into law which altered the employee threshold requirements of MAUCRSA from 20 to 10 as follows: an applicant with 20 or more employees, or an applicant with 10 or more employees that submits an application on or after July 1, 2024, must provide a notarized statement that the applicant will enter into, or demonstrate that it has already entered into, and will abide by the terms of a labor peace agreement. [read post]
