Smelting the Assets (directors’ Duties/transactions at Undervalue and to Defraud Creditors)

By | eSQUIRE Global Crossings | February 23, 2017
Smelting the Assets (directors’ Duties/transactions at Undervalue and to Defraud Creditors) Dickinson v NAL (Realisations) Staffordshire Ltd is a useful case on how directors’ duties are looked at following a formal insolvency and ways in which an office holder can challenge transactions if there is evidence of wrongdoing or a concerted strategy to frustrate creditors’ recourse to a Company’s asset base which would ordinarily be available to them in an insolvency, subject of course to valid security and/or third party rights. View Full Post
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Canada V. the US: Highlights from the 2016 Private Deal Points Study

By | Deal Law Wire | February 23, 2017
Canada V. the US: Highlights from the 2016 Private Deal Points Study The American Bar Association recently published the 2016 Canadian Private Target M&A Deal Points Study. The study, which was authored by a group of Canadian lawyers, including several from Norton Rose Fulbright Canada LLP, was based on a review of publicly available acquisition agreements for transactions signed in 2014 and 2015. View Full Post
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Employers Respond to “a Day Without Immigrants”

By | Louisiana Law Blog | February 22, 2017
Employers Respond to “a Day Without Immigrants” Last week, thousands of employees throughout the county skipped work as part of “a day without immigrants” demonstration. The employees were protesting the Trump administration’s recent actions regarding immigration. The stated intent was to negatively impact the nation’s economy in an effort to highlight the contributions of immigrant labor. View Full Post
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Top 3 Considerations for Selecting an Arbitral Seat

The selection of an appropriate “seat” is arguably one of the most important decisions parties to an arbitral agreement are called upon to make. Generally, the “seat” refers to the city and the “law of the seat” refers to the seat’s legal jurisdiction (e.g. for an arbitration seated in Toronto, the law of the seat would be the Province of Ontario). View Full Post
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After Changes to Categories One and Two, FCC Grants Waiver for Certain Contracts

By | E-Rate Law Advisor | February 22, 2017
After Changes to Categories One and Two, FCC Grants Waiver for Certain Contracts On February 8, 2017, the FCC’s Wireline Competition Bureau waived several of its rules with respect funding year 2017.  The eligible services list (“ESL”) for FY 2017 contained several changes pertaining to whether a service is classified as Category One or Category Two.  One of the changes was to classify as Category One all connections among multiple schools and libraries, regardless of whether the school or library buildings are located on the same physical grounds. View Full Post
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Regulate Frankenstein: The European Parliament Calls for New Rules for Robots

Regulate Frankenstein: The European Parliament Calls for New Rules for Robots When a parliamentary report cites Mary Shelley’s Frankenstein in its recitals and proposes new regulation for robots with artificial intelligence (“AI”), one cannot be sure whether the 19th or the 21st century has inspired the legislator. Last week, the European Parliament took a step to introduce new regulation of robots in Europe. View Full Post
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Sony Cyber-Attackers Lurking at Financial Supervisor “Watering Hole” Target Banks and Others

Sony Cyber-Attackers Lurking at Financial Supervisor “Watering Hole” Target Banks and Others Cybersecurity specialists at BAE Systems and Symantec announced last week new evidence suggesting that the criminals behind the notorious 2014 attack on Sony Corp. are also responsible for recent cyber-attacks involving 104 organizations in 31 countries. Researchers and investigators have long attributed the 2014 Sony attack, View Full Post
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The Big Ten and the NCAA Tip Off for MARCH Marks

By | DuetsBlog | February 22, 2017
You don’t have to be a sports fan to be aware of MARCH MADNESS, the name associated with the annual tournament to determine the college basketball national champion. The tournament is organized by the National Collegiate Athletics Association. The name MARCH MADNESS is derived from the fact that the tournament occurs almost exclusively in March. View Full Post
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Revisiting Your Whistleblower Protection Compliance Game Plan

By | Michigan Employment Law Advisor | February 22, 2017
Revisiting Your Whistleblower Protection Compliance Game Plan On February 3, 2017, the Michigan Supreme Court issued a ruling involving Michigan’s Whistleblowers’ Protection Act (WPA). The ruling requires employers to carefully evaluate any changes made to an employee’s position, job duties, and working conditions after that employee raises concerns that may be protected activity under the WPA. View Full Post
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Combating Money Laundering and Terrorist Financing with a Distributed Ledger

By | Money Laundering Watch | February 21, 2017
Combating Money Laundering and Terrorist Financing with a Distributed Ledger Despite the staggering $8 billion figure estimated to be spent on global compliance in 2017, U.S.-based rules regarding Anti-Money Laundering (“AML”) and Combating the Financing of Terrorism (“CFT”) remain anchored in their 1970s design. Contrary to the generally slow pace of Congressional action, new technologies may reshape the global financial system (“GFS”) and with it, the ability to detect and disrupt money laundering schemes and terrorist plots. View Full Post
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