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Kramer Levin Naftalis & Frankel LLP

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The End of the Insurance Block Exemption Regulation

European Union - January 4 2017 EU Regulation No 2672010 of 24 March 2010 entered into force on 1 April 2010 and will lapse on 31 March 2017. The IBER provides still an exemption

New York State Department of Financial Services Modifies Proposed Cybersecurity Regulations and Pushes Implementation Date Back to March 1, 2017

USA - January 5 2017 On Dec. 28, 2016, the New York State Department of Financial Services published a revised version of its “Cybersecurity Requirements for Financial

Southern District Clarifies the Applicability of Section 316(b) of the Trust Indenture Act to Exchange Offers

USA - January 11 2017 Last year, plaintiffs successfully used an obscure provision of the 1939 Trust Indenture Act (the TIA) to challenge restructurings by Education

USCIS Overhauls Eligibility Standard for National Interest Waivers

USA - January 6 2017 In a recent precedent decision issued through its Administrative Appeals Office (AAO), U.S. Citizenship and Immigration Services (USCIS) has created a

Banking, Finance & Insurance Letter - Décembre 2016

France - January 4 2017 Le Décret n2016-1559 du 18 novembre 2016 relatif aux conditions de résiliation d'un contrat d'assurance emprunteur pour cause d'aggravation du risque

Supreme Court to Consider Biologics Price Competition and Innovation Act

USA - January 17 2017 On Friday, Jan. 13, the Supreme Court granted the appellant's petition and the respondent's cross-petition for a writ of certiorari in Sandoz Inc. v

Southern District Clarifies the Applicability of Section 316(b) of the Trust Indenture Act to Exchange Offers

USA - January 11 2017 Last year, plaintiffs successfully used an obscure provision of the 1939 Trust Indenture Act (the TIA) to challenge restructurings by Education

Tenth Circuit Decision Creates Split as to Constitutionality of SEC's Administrative Law Judge Appointment Procedure

USA - January 10 2017 On December 27, 2016, in Bandimere v. SEC, the Tenth Circuit held that SEC administrative law judges (ALJs), who preside over the agency's civil

USCIS Overhauls Eligibility Standard for National Interest Waivers

USA - January 6 2017 In a recent precedent decision issued through its Administrative Appeals Office (AAO), U.S. Citizenship and Immigration Services (USCIS) has created a

New York State Department of Financial Services Modifies Proposed Cybersecurity Regulations and Pushes Implementation Date Back to March 1, 2017

USA - January 5 2017 On Dec. 28, 2016, the New York State Department of Financial Services published a revised version of its “Cybersecurity Requirements for Financial