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Paul, Weiss, Rifkind, Wharton & Garrison LLP

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Second Circuit Holds that Trust Indenture Act 316(b) Prohibits Only Non-Consensual Amendments to Core Payment Terms of Bond Indentures

USA - January 18 2017 On January 17, 2017, the Court of Appeals for the Second Circuit issued its long-anticipated opinion in Marblegate Asset Management, LLC v. Education

U.S. Supreme Court To Review Ruling That Class Action Tolling Does Not Apply to Statutes of Repose

USA - January 17 2017 On January 13, 2017, the U.S. Supreme Court agreed to review a decision from the U.S. Court of Appeals for the Second Circuit holding that the class

Delaware M&A Quarterly - Winter 2016

USA - January 6 2017 In In re Books-A-Million, Inc. Stockholders Litigation, the Delaware Court of Chancery dismissed the fiduciary duty claims of former minority

FCC Approves $4.6 Billion Merger of Nexstar and Media General

USA - January 13 2017 Nexstar received FCC consent Wednesday to proceed with its plan to acquire Media General (MG) in a $4.6 billion transaction that will make the

Draft EC Rule Would Require Opt-In Consent for Web Ad Tracking

European Union - January 13 2017 Search engines, social media websites and providers of online messaging services in the European Union (EU) would be required to obtain opt-in consent

House Bill Would Roll Back FCC Rules on Noncommercial Broadcast Ownership Disclosure

USA - January 20 2017 In one of her first acts as Chairwoman of the House Communications Subcommittee, Rep. Marsha Blackburn (R-TN) introduced legislation Tuesday that

5G License Holder To Pay Up To $100 Million In Settlement Of FCC Probe

USA - January 20 2017 Last Thursday, the FCC signaled its intolerance for spectrum warehousing in announcing a consent decree with Straight Path Communications (SPC

FCC to End Incentive Auction upon Completion of Stage Four Bidding

USA - January 20 2017 Late yesterday, the FCC confirmed prospects for a conclusion of the 600 MHz incentive auction during Stage Four, after wireless industry participants

Commerce Department Proposes Strategy for Advancing IoT

USA - January 20 2017 Acting in concert with the National Telecommunications and Information Administration (NTIA), the U.S. Department of Commerce (DOC) issued a report

FCPA Enforcement and Anti-Corruption Developments: 2016 Year In Review

France, South Korea, USA - January 20 2017 2016 was, by any measure, an extraordinary year for the enforcement of the Foreign Corrupt Practices Act. The Department of Justice and the Securities