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26 Oct 2012, 7:02 am
The Government launched on 26 October 2012 a three-month public consultation on key legislative amendments to the Insurance Companies Ordinance (Cap.41) (ICO) for the establishment of an independent Insurance Authority (IIA).The proposed key legislative amendments cover the following areas: (a) functions and governance structure of the IIA; (b) licensing regime for insurance intermediaries; (c) regulatory powers of the IIA; (d) regulatory arrangements for banks’… [read post]
24 Oct 2012, 1:47 pm by Clif Burns
And section 560.502(c) says that a general license has the “effect of removing a prohibition contained in this part from the transaction, but only to the extent specifically stated by its terms. [read post]
24 Oct 2012, 11:49 am by Kurt Schulzke
  With the recent roll-out of the SEC’s new whistleblower regulations, it is a popular question among companies and prospective whistleblowers. [read post]
24 Oct 2012, 11:00 am by Sheppard Mullin
The first example of common ownership given in MPEP § 706.02(l)(2) is “Parent Company owns 100% of Subsidiaries A and B – inventions of A and B are commonly owned by the Parent Company. [read post]
24 Oct 2012, 6:04 am by Heidi Henson
The lawsuit also asserted that the male cashier called the employee offensive gender-based epithets such as “b—h,” “c—t” and “p—y” on a frequent basis. [read post]
24 Oct 2012, 4:53 am
This is so, because the liability insurance companies that underwrite medical malpractice insurance would very likely increase premiums for Massachusetts doctors, even if the law exempted doctors from potential liability claims. [read post]
23 Oct 2012, 8:57 am by Timothy G. Dietrich
(b) Incidental and intangible benefits to the subsidiary providing the guaranty, particularly in a setting where the companies are already stressed or in trouble, is unlikely to win the day in defending against a fraudulent conveyance claim. [read post]
22 Oct 2012, 10:00 pm by My name
The three central tenants behind supporting “say-on-pay” are, “(a) say-on-pay brings greater attention to executive pay policies and practices; (b) shareholders feel more connected with the process of setting executive pay; and (c) directors and management give increased attention to whether executive pay is consistent with shareholders’ views. [read post]
22 Oct 2012, 5:14 am by Doug Cornelius
The following private placements are exempt from the requirements of this Rule: (1) offerings sold by the member or person associated with the member solely to any one or more of the following: (A) institutional accounts, as defined in Rule 4512(c); (B) qualified purchasers, as defined in Section 2(a)(51)(A) of the Investment Company Act; (C) qualified institutional buyers, as defined in Securities Act Rule 144A; (D) investment companies, as defined in… [read post]
22 Oct 2012, 3:45 am by Peter Mahler
Members B and C bring damages suit against Member A for breach of fiduciary duty of disclosure, alleging that Member A secretly was negotiating sale of lease when he bought out Members B and C. [read post]
22 Oct 2012, 3:45 am by Peter Mahler
Members B and C bring damages suit against Member A for breach of fiduciary duty of disclosure, alleging that Member A secretly was negotiating sale of lease when he bought out Members B and C. [read post]
21 Oct 2012, 10:41 pm by Leland E. Beck
Gonzales, …, we held that aliens who are inadmissible under § 212(a)(9)(C)(i)(I) of the Immigration and Nationality Act … are eligible for adjustment of status under … § 245(i) … in spite of the latter section’s requirement of admissibility. [read post]
21 Oct 2012, 10:13 am by admin
It will also likely provide much fuel for the opposition who continue to call for greater clarity and transparency around the ICA process (and likely also increased private sector criticism relating to the freedom for companies to raise capital and transfer ownership). [read post]
20 Oct 2012, 10:38 pm by Edward X. Clinton, Jr.
GTE Corp.,347 F.3d 655, 657 (7th Cir. 2003), but dismissal under Rule 12(b)(6) may be proper if the face of the complaint establishes the requirements of the defense. [read post]